Cleveland-Cliffs Inc. (LON:0I0H)

Cleveland-Cliffs Ratios and Metrics

Market cap in millions GBP. Fiscal year is January - December.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb 12, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Capitalization	4,505	6,361	3,709	8,094	6,890	8,040
Market Cap Growth	10.63%	71.52%	-54.18%	17.47%	-14.31%	57.92%
Enterprise Value	10,463	12,481	6,906	10,992	10,773	12,177
Last Close Price	8.05	9.86	7.56	16.12	13.28	16.10
PE Ratio	-	-	-	26.78	6.22	3.89
PS Ratio	0.33	0.46	0.24	0.47	0.36	0.53
PB Ratio	0.96	1.35	0.68	1.27	1.03	1.89
P/TBV Ratio	1.91	2.70	1.26	1.54	1.29	2.62
P/FCF Ratio	-	-	-	6.36	5.61	5.23
P/OCF Ratio	-	-	44.22	4.55	3.43	3.91
EV/Sales Ratio	0.77	0.90	0.45	0.64	0.56	0.81
EV/EBITDA Ratio	133.20	-	12.59	7.10	4.15	3.21
EV/EBIT Ratio	-	-	-	14.00	5.94	3.89
EV/FCF Ratio	-13.77	-	-	8.64	8.77	7.93
Debt / Equity Ratio	1.26	1.26	1.14	0.45	0.53	0.91
Debt / EBITDA Ratio	74.44	74.44	8.43	1.64	1.36	1.02
Debt / FCF Ratio	-	-	-	2.23	2.88	2.52
Net Debt / Equity Ratio	1.25	1.25	1.13	0.42	0.53	0.90
Net Debt / EBITDA Ratio	-62.76	-62.76	11.28	1.73	1.36	1.01
Net Debt / FCF Ratio	-7.73	-7.73	-13.13	2.11	2.87	2.50
Asset Turnover	0.91	0.91	1.00	1.21	1.22	1.14
Inventory Turnover	3.95	3.95	4.00	4.30	3.97	3.53
Quick Ratio	0.45	0.45	0.49	0.58	0.56	0.62
Current Ratio	1.95	1.95	2.06	1.89	2.09	2.15
Return on Equity (ROE)	-21.58%	-21.58%	-9.53%	5.38%	19.88%	68.45%
Return on Assets (ROA)	-3.75%	-3.75%	-0.86%	3.44%	7.24%	14.83%
Return on Invested Capital (ROIC)	-8.81%	-8.53%	-2.02%	6.31%	14.36%	34.92%
Return on Capital Employed (ROCE)	-7.40%	-7.40%	-1.50%	7.10%	14.40%	27.50%
Earnings Yield	-24.37%	-17.26%	-16.37%	3.74%	16.08%	27.45%
FCF Yield	-16.87%	-11.95%	-12.71%	15.72%	17.83%	19.11%
Buyback Yield / Dilution	-5.83%	-5.83%	6.07%	2.48%	6.09%	-47.23%
Total Shareholder Return	-5.83%	-5.83%	6.07%	2.48%	6.09%	-47.23%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.