Cleveland-Cliffs Inc. (CLF)
NYSE: CLF · Real-Time Price · USD
9.33
+0.19 (2.08%)
At close: Mar 27, 2025, 4:00 PM
9.24
-0.10 (-1.02%)
Pre-market: Mar 28, 2025, 8:21 AM EDT
Cleveland-Cliffs Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2015 |
|---|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2019 - 2015 |
| Revenue | 19,185 | 21,996 | 22,989 | 20,444 | 5,354 | Upgrade
|
| Revenue Growth (YoY) | -12.78% | -4.32% | 12.45% | 281.84% | 169.04% | Upgrade
|
| Cost of Revenue | 19,115 | 20,605 | 20,471 | 15,910 | 5,102 | Upgrade
|
| Gross Profit | 70 | 1,391 | 2,518 | 4,534 | 252 | Upgrade
|
| Selling, General & Admin | 239 | 373 | 253 | 212 | 190 | Upgrade
|
| Other Operating Expenses | 88 | 63 | 81 | 80 | 60 | Upgrade
|
| Operating Expenses | 327 | 436 | 334 | 292 | 250 | Upgrade
|
| Operating Income | -257 | 955 | 2,184 | 4,242 | 2 | Upgrade
|
| Interest Expense | -370 | -289 | -276 | -337 | -238 | Upgrade
|
| Other Non Operating Income (Expenses) | -37 | 5 | -4 | 6 | 3 | Upgrade
|
| EBT Excluding Unusual Items | -664 | 671 | 1,904 | 3,911 | -233 | Upgrade
|
| Merger & Restructuring Charges | -173 | -12 | -4 | -20 | -90 | Upgrade
|
| Impairment of Goodwill | - | -125 | - | - | - | Upgrade
|
| Gain (Loss) on Sale of Assets | - | 63 | - | - | - | Upgrade
|
| Asset Writedown | -79 | - | -29 | - | - | Upgrade
|
| Other Unusual Items | -27 | - | -75 | -88 | 130 | Upgrade
|
| Pretax Income | -943 | 597 | 1,796 | 3,803 | -193 | Upgrade
|
| Income Tax Expense | -235 | 148 | 423 | 773 | -111 | Upgrade
|
| Earnings From Continuing Operations | -708 | 449 | 1,373 | 3,030 | -82 | Upgrade
|
| Earnings From Discontinued Operations | - | 1 | 3 | 3 | 1 | Upgrade
|
| Net Income to Company | -708 | 450 | 1,376 | 3,033 | -81 | Upgrade
|
| Minority Interest in Earnings | -46 | -51 | -41 | -45 | -41 | Upgrade
|
| Net Income | -754 | 399 | 1,335 | 2,988 | -122 | Upgrade
|
| Preferred Dividends & Other Adjustments | - | - | - | 187 | - | Upgrade
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| Net Income to Common | -754 | 399 | 1,335 | 2,801 | -122 | Upgrade
|
| Net Income Growth | - | -70.11% | -55.32% | - | - | Upgrade
|
| Shares Outstanding (Basic) | 480 | 510 | 519 | 498 | 379 | Upgrade
|
| Shares Outstanding (Diluted) | 480 | 511 | 524 | 558 | 379 | Upgrade
|
| Shares Change (YoY) | -6.07% | -2.48% | -6.09% | 47.23% | 33.45% | Upgrade
|
| EPS (Basic) | -1.57 | 0.78 | 2.57 | 5.62 | -0.32 | Upgrade
|
| EPS (Diluted) | -1.57 | 0.78 | 2.56 | 5.35 | -0.32 | Upgrade
|
| EPS Growth | - | -69.40% | -52.27% | - | - | Upgrade
|
| Free Cash Flow | -590 | 1,621 | 1,480 | 2,080 | -783 | Upgrade
|
| Free Cash Flow Per Share | -1.23 | 3.17 | 2.82 | 3.73 | -2.07 | Upgrade
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| Dividend Per Share | - | - | - | - | 0.060 | Upgrade
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| Dividend Growth | - | - | - | - | -73.91% | Upgrade
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| Gross Margin | 0.36% | 6.32% | 10.95% | 22.18% | 4.71% | Upgrade
|
| Operating Margin | -1.34% | 4.34% | 9.50% | 20.75% | 0.04% | Upgrade
|
| Profit Margin | -3.93% | 1.81% | 5.81% | 13.70% | -2.28% | Upgrade
|
| Free Cash Flow Margin | -3.08% | 7.37% | 6.44% | 10.17% | -14.63% | Upgrade
|
| EBITDA | 694 | 1,928 | 3,127 | 5,139 | 310 | Upgrade
|
| EBITDA Margin | 3.62% | 8.77% | 13.60% | 25.14% | 5.79% | Upgrade
|
| D&A For EBITDA | 951 | 973 | 943 | 897 | 308 | Upgrade
|
| EBIT | -257 | 955 | 2,184 | 4,242 | 2 | Upgrade
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| EBIT Margin | -1.34% | 4.34% | 9.50% | 20.75% | 0.04% | Upgrade
|
| Effective Tax Rate | - | 24.79% | 23.55% | 20.33% | - | Upgrade
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Updated Feb 25, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.