Cleveland-Cliffs Inc. (CLF)
NYSE: CLF · Real-Time Price · USD
12.46
+0.58 (4.88%)
At close: Nov 22, 2024, 4:00 PM
12.47
+0.01 (0.08%)
After-hours: Nov 22, 2024, 7:47 PM EST
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 | Sep '24 Sep 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 | 19,972 | 21,996 | 22,989 | 20,444 | 5,354 | 1,990 | Upgrade
|
| Revenue Growth (YoY) | -8.92% | -4.32% | 12.45% | 281.85% | 169.05% | -14.67% | Upgrade
|
| Cost of Revenue | 19,461 | 20,605 | 20,471 | 15,910 | 5,102 | 1,414 | Upgrade
|
| Gross Profit | 511 | 1,391 | 2,518 | 4,534 | 252 | 576 | Upgrade
|
| Selling, General & Admin | 271 | 373 | 253 | 212 | 190 | 114 | Upgrade
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| Other Operating Expenses | 100 | 63 | 81 | 80 | 60 | 27 | Upgrade
|
| Operating Expenses | 371 | 436 | 334 | 292 | 250 | 141 | Upgrade
|
| Operating Income | 140 | 955 | 2,184 | 4,242 | 2 | 435 | Upgrade
|
| Interest Expense | -298 | -289 | -276 | -337 | -238 | -101 | Upgrade
|
| Currency Exchange Gain (Loss) | -7 | - | - | - | - | - | Upgrade
|
| Other Non Operating Income (Expenses) | 4 | 5 | -4 | 6 | 3 | 4 | Upgrade
|
| EBT Excluding Unusual Items | -161 | 671 | 1,904 | 3,911 | -233 | 338 | Upgrade
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| Merger & Restructuring Charges | -231 | -12 | -33 | -20 | -90 | -7 | Upgrade
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| Impairment of Goodwill | -125 | -125 | - | - | - | - | Upgrade
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| Gain (Loss) on Sale of Assets | 63 | 63 | - | - | - | - | Upgrade
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| Other Unusual Items | -27 | - | -75 | -88 | 130 | -18 | Upgrade
|
| Pretax Income | -481 | 597 | 1,796 | 3,803 | -193 | 313 | Upgrade
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| Income Tax Expense | -69 | 148 | 423 | 773 | -111 | 18 | Upgrade
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| Earnings From Continuing Operations | -412 | 449 | 1,373 | 3,030 | -82 | 295 | Upgrade
|
| Earnings From Discontinued Operations | -1 | 1 | 3 | 3 | 1 | -2 | Upgrade
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| Net Income to Company | -413 | 450 | 1,376 | 3,033 | -81 | 293 | Upgrade
|
| Minority Interest in Earnings | -49 | -51 | -41 | -45 | -41 | - | Upgrade
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| Net Income | -462 | 399 | 1,335 | 2,988 | -122 | 293 | Upgrade
|
| Preferred Dividends & Other Adjustments | - | - | - | 187 | - | - | Upgrade
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| Net Income to Common | -462 | 399 | 1,335 | 2,801 | -122 | 293 | Upgrade
|
| Net Income Growth | - | -70.11% | -55.32% | - | - | -74.02% | Upgrade
|
| Shares Outstanding (Basic) | 485 | 510 | 519 | 498 | 379 | 277 | Upgrade
|
| Shares Outstanding (Diluted) | 485 | 511 | 524 | 558 | 379 | 284 | Upgrade
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| Shares Change (YoY) | -5.79% | -2.48% | -6.09% | 47.23% | 33.45% | -6.58% | Upgrade
|
| EPS (Basic) | -0.95 | 0.78 | 2.57 | 5.62 | -0.32 | 1.06 | Upgrade
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| EPS (Diluted) | -0.95 | 0.78 | 2.56 | 5.35 | -0.32 | 1.03 | Upgrade
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| EPS Growth | - | -69.40% | -52.27% | - | - | -72.15% | Upgrade
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| Free Cash Flow | 574 | 1,621 | 1,480 | 2,080 | -783 | -88 | Upgrade
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| Free Cash Flow Per Share | 1.18 | 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 | 2.56% | 6.32% | 10.95% | 22.18% | 4.71% | 28.94% | Upgrade
|
| Operating Margin | 0.70% | 4.34% | 9.50% | 20.75% | 0.04% | 21.86% | Upgrade
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| Profit Margin | -2.31% | 1.81% | 5.81% | 13.70% | -2.28% | 14.72% | Upgrade
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| Free Cash Flow Margin | 2.87% | 7.37% | 6.44% | 10.17% | -14.62% | -4.42% | Upgrade
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| EBITDA | 1,068 | 1,928 | 3,127 | 5,139 | 310 | 520 | Upgrade
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| EBITDA Margin | 5.35% | 8.77% | 13.60% | 25.14% | 5.79% | 26.13% | Upgrade
|
| D&A For EBITDA | 928 | 973 | 943 | 897 | 308 | 85 | Upgrade
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| EBIT | 140 | 955 | 2,184 | 4,242 | 2 | 435 | Upgrade
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| EBIT Margin | 0.70% | 4.34% | 9.50% | 20.75% | 0.04% | 21.86% | Upgrade
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| Effective Tax Rate | - | 24.79% | 23.55% | 20.33% | - | 5.75% | Upgrade
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Source: S&P Capital IQ. Standard template. Financial Sources.