Cleveland-Cliffs Inc. (CLF)
NYSE: CLF · Real-Time Price · USD
13.18
-0.09 (-0.68%)
Nov 4, 2024, 1:09 PM EST - Market open
Cleveland-Cliffs Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2014 |
|---|---|---|---|---|---|---|---|
Period Ending | Jun '24 Jun 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2014 |
| Revenue | 21,008 | 21,996 | 22,989 | 20,444 | 5,354 | 1,990 | Upgrade
|
| Revenue Growth (YoY) | -4.40% | -4.32% | 12.45% | 281.85% | 169.05% | -14.67% | Upgrade
|
| Cost of Revenue | 19,913 | 20,605 | 20,471 | 15,910 | 5,102 | 1,414 | Upgrade
|
| Gross Profit | 1,095 | 1,391 | 2,518 | 4,534 | 252 | 576 | Upgrade
|
| Selling, General & Admin | 310 | 373 | 253 | 212 | 190 | 114 | Upgrade
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| Other Operating Expenses | 84 | 63 | 81 | 80 | 60 | 27 | Upgrade
|
| Operating Expenses | 394 | 436 | 334 | 292 | 250 | 141 | Upgrade
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| Operating Income | 701 | 955 | 2,184 | 4,242 | 2 | 435 | Upgrade
|
| Interest Expense | -266 | -289 | -276 | -337 | -238 | -101 | Upgrade
|
| Other Non Operating Income (Expenses) | 2 | 5 | -4 | 6 | 3 | 4 | Upgrade
|
| EBT Excluding Unusual Items | 437 | 671 | 1,904 | 3,911 | -233 | 338 | Upgrade
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| Merger & Restructuring Charges | -141 | -12 | -33 | -20 | -90 | -7 | Upgrade
|
| Impairment of Goodwill | -125 | -125 | - | - | - | - | Upgrade
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| Gain (Loss) on Sale of Assets | 63 | 63 | - | - | - | - | Upgrade
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| Asset Writedown | -79 | - | - | - | - | - | Upgrade
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| Other Unusual Items | -27 | - | -75 | -88 | 130 | -18 | Upgrade
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| Pretax Income | 128 | 597 | 1,796 | 3,803 | -193 | 313 | Upgrade
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| Income Tax Expense | 36 | 148 | 423 | 773 | -111 | 18 | Upgrade
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| Earnings From Continuing Operations | 92 | 449 | 1,373 | 3,030 | -82 | 295 | Upgrade
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| Earnings From Discontinued Operations | - | 1 | 3 | 3 | 1 | -2 | Upgrade
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| Net Income to Company | 92 | 450 | 1,376 | 3,033 | -81 | 293 | Upgrade
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| Minority Interest in Earnings | -48 | -51 | -41 | -45 | -41 | - | Upgrade
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| Net Income | 44 | 399 | 1,335 | 2,988 | -122 | 293 | Upgrade
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| Preferred Dividends & Other Adjustments | - | - | - | 187 | - | - | Upgrade
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| Net Income to Common | 44 | 399 | 1,335 | 2,801 | -122 | 293 | Upgrade
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| Net Income Growth | -80.70% | -70.11% | -55.32% | - | - | -74.02% | Upgrade
|
| Shares Outstanding (Basic) | 495 | 510 | 519 | 498 | 379 | 277 | Upgrade
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| Shares Outstanding (Diluted) | 495 | 511 | 524 | 558 | 379 | 284 | Upgrade
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| Shares Change (YoY) | -4.26% | -2.48% | -6.09% | 47.23% | 33.45% | -6.58% | Upgrade
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| EPS (Basic) | 0.09 | 0.78 | 2.57 | 5.62 | -0.32 | 1.06 | Upgrade
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| EPS (Diluted) | 0.09 | 0.78 | 2.56 | 5.35 | -0.32 | 1.03 | Upgrade
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| EPS Growth | -79.90% | -69.40% | -52.27% | - | - | -72.15% | Upgrade
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| Free Cash Flow | 1,414 | 1,621 | 1,480 | 2,080 | -783 | -88 | Upgrade
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| Free Cash Flow Per Share | 2.86 | 3.17 | 2.82 | 3.73 | -2.07 | -0.31 | Upgrade
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| Dividend Per Share | - | - | - | - | 0.060 | 0.230 | Upgrade
|
| Dividend Growth | - | - | - | - | -73.91% | 360.00% | Upgrade
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| Gross Margin | 5.21% | 6.32% | 10.95% | 22.18% | 4.71% | 28.94% | Upgrade
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| Operating Margin | 3.34% | 4.34% | 9.50% | 20.75% | 0.04% | 21.86% | Upgrade
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| Profit Margin | 0.21% | 1.81% | 5.81% | 13.70% | -2.28% | 14.72% | Upgrade
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| Free Cash Flow Margin | 6.73% | 7.37% | 6.44% | 10.17% | -14.62% | -4.42% | Upgrade
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| EBITDA | 1,643 | 1,928 | 3,127 | 5,139 | 310 | 520 | Upgrade
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| EBITDA Margin | 7.82% | 8.77% | 13.60% | 25.14% | 5.79% | 26.13% | Upgrade
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| D&A For EBITDA | 942 | 973 | 943 | 897 | 308 | 85 | Upgrade
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| EBIT | 701 | 955 | 2,184 | 4,242 | 2 | 435 | Upgrade
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| EBIT Margin | 3.34% | 4.34% | 9.50% | 20.75% | 0.04% | 21.86% | Upgrade
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| Effective Tax Rate | 28.13% | 24.79% | 23.55% | 20.33% | - | 5.75% | Upgrade
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Source: S&P Capital IQ. Standard template. Financial Sources.