Cleveland-Cliffs Statistics
Total Valuation
CLF has a market cap or net worth of $4.63 billion. The enterprise value is $8.40 billion.
Important Dates
The next estimated earnings date is Monday, January 27, 2025, after market close.
| Earnings Date | Jan 27, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
CLF has 493.94 million shares outstanding. The number of shares has decreased by -5.79% in one year.
| Current Share Class | 493.94M |
| Shares Outstanding | 493.94M |
| Shares Change (YoY) | -5.79% |
| Shares Change (QoQ) | -1.27% |
| Owned by Insiders (%) | 1.73% |
| Owned by Institutions (%) | 70.64% |
| Float | 484.82M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.23 |
| Forward PS | 0.24 |
| PB Ratio | 0.64 |
| P/TBV Ratio | 0.82 |
| P/FCF Ratio | 8.07 |
| P/OCF Ratio | 3.77 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 7.86, with an EV/FCF ratio of 14.63.
| EV / Earnings | n/a |
| EV / Sales | 0.42 |
| EV / EBITDA | 7.86 |
| EV / EBIT | 59.97 |
| EV / FCF | 14.63 |
Financial Position
The company has a current ratio of 1.85, with a Debt / Equity ratio of 0.54.
| Current Ratio | 1.85 |
| Quick Ratio | 0.50 |
| Debt / Equity | 0.54 |
| Debt / EBITDA | 2.93 |
| Debt / FCF | 6.62 |
| Interest Coverage | 0.47 |
Financial Efficiency
Return on equity (ROE) is -5.36% and return on invested capital (ROIC) is 0.77%.
| Return on Equity (ROE) | -5.36% |
| Return on Assets (ROA) | 0.50% |
| Return on Capital (ROIC) | 0.77% |
| Revenue Per Employee | $713,286 |
| Profits Per Employee | -$16,500 |
| Employee Count | 28,000 |
| Asset Turnover | 1.15 |
| Inventory Turnover | 4.41 |
Taxes
| Income Tax | -69.00M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -55.65% in the last 52 weeks. The beta is 1.92, so CLF's price volatility has been higher than the market average.
| Beta (5Y) | 1.92 |
| 52-Week Price Change | -55.65% |
| 50-Day Moving Average | 12.24 |
| 200-Day Moving Average | 15.14 |
| Relative Strength Index (RSI) | 27.74 |
| Average Volume (20 Days) | 16,303,382 |
Short Selling Information
The latest short interest is 44.17 million, so 8.94% of the outstanding shares have been sold short.
| Short Interest | 44.17M |
| Short Previous Month | 41.49M |
| Short % of Shares Out | 8.94% |
| Short % of Float | 9.11% |
| Short Ratio (days to cover) | 2.95 |
Income Statement
In the last 12 months, CLF had revenue of $19.97 billion and -$462.00 million in losses. Loss per share was -$0.95.
| Revenue | 19.97B |
| Gross Profit | 511.00M |
| Operating Income | 140.00M |
| Pretax Income | 80.00M |
| Net Income | -462.00M |
| EBITDA | 1.07B |
| EBIT | 140.00M |
| Loss Per Share | -$0.95 |
Full Income StatementBalance Sheet
The company has $39.00 million in cash and $3.80 billion in debt, giving a net cash position of -$3.76 billion or -$7.62 per share.
| Cash & Cash Equivalents | 39.00M |
| Total Debt | 3.80B |
| Net Cash | -3.76B |
| Net Cash Per Share | -$7.62 |
| Equity (Book Value) | 7.10B |
| Book Value Per Share | 14.64 |
| Working Capital | 2.77B |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $1.23 billion and capital expenditures -$655.00 million, giving a free cash flow of $574.00 million.
| Operating Cash Flow | 1.23B |
| Capital Expenditures | -655.00M |
| Free Cash Flow | 574.00M |
| FCF Per Share | $1.16 |
Full Cash Flow StatementMargins
Gross margin is 2.56%, with operating and profit margins of 0.70% and -2.31%.
| Gross Margin | 2.56% |
| Operating Margin | 0.70% |
| Pretax Margin | -2.41% |
| Profit Margin | -2.31% |
| EBITDA Margin | 5.35% |
| EBIT Margin | 0.70% |
| FCF Margin | 2.87% |
Dividends & Yields
CLF does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 5.79% |
| Shareholder Yield | 5.79% |
| Earnings Yield | -9.97% |
| FCF Yield | 12.39% |
Dividend DetailsAnalyst Forecast
The average price target for CLF is $16.36, which is 74.41% higher than the current price. The consensus rating is "Hold".
| Price Target | $16.36 |
| Price Target Difference | 74.41% |
| Analyst Consensus | Hold |
| Analyst Count | 12 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock Splits
The last stock split was on May 16, 2008. It was a forward split with a ratio of 2:1.
| Last Split Date | May 16, 2008 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
CLF has an Altman Z-Score of 2.05 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.05 |
| Piotroski F-Score | 3 |