Cleveland-Cliffs Statistics
Total Valuation
CLF has a market cap or net worth of $6.16 billion. The enterprise value is $9.90 billion.
| Market Cap | 6.16B |
| Enterprise Value | 9.90B |
Important Dates
The next confirmed earnings date is Monday, November 4, 2024, after market close.
| Earnings Date | Nov 4, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
CLF has 468.04 million shares outstanding. The number of shares has decreased by -4.26% in one year.
| Shares Outstanding | 468.04M |
| Shares Change (YoY) | -4.26% |
| Shares Change (QoQ) | -3.66% |
| Owned by Insiders (%) | 1.90% |
| Owned by Institutions (%) | 73.09% |
| Float | 458.79M |
Valuation Ratios
The trailing PE ratio is 147.68.
| PE Ratio | 147.68 |
| Forward PE | n/a |
| PS Ratio | 0.31 |
| Forward PS | 0.30 |
| PB Ratio | 0.87 |
| P/FCF Ratio | 4.39 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 6.02, with an EV/FCF ratio of 7.00.
| EV / Earnings | 224.93 |
| EV / Sales | 0.47 |
| EV / EBITDA | 6.02 |
| EV / EBIT | 14.12 |
| EV / FCF | 7.00 |
Financial Position
The company has a current ratio of 1.87, with a Debt / Equity ratio of 0.48.
| Current Ratio | 1.87 |
| Quick Ratio | 0.57 |
| Debt / Equity | 0.48 |
| Debt / EBITDA | 1.89 |
| Debt / FCF | 2.50 |
| Interest Coverage | 2.64 |
Financial Efficiency
Return on equity (ROE) is 1.19% and return on invested capital (ROIC) is 3.82%.
| Return on Equity (ROE) | 1.19% |
| Return on Assets (ROA) | 2.49% |
| Return on Capital (ROIC) | 3.82% |
| Revenue Per Employee | $750,286 |
| Profits Per Employee | $1,571 |
| Employee Count | 28,000 |
| Asset Turnover | 1.19 |
| Inventory Turnover | 4.46 |
Taxes
In the past 12 months, CLF has paid $36.00 million in taxes.
| Income Tax | 36.00M |
| Effective Tax Rate | 28.13% |
Stock Price Statistics
The stock price has decreased by -23.25% in the last 52 weeks. The beta is 1.96, so CLF's price volatility has been higher than the market average.
| Beta (5Y) | 1.96 |
| 52-Week Price Change | -23.25% |
| 50-Day Moving Average | 12.68 |
| 200-Day Moving Average | 16.47 |
| Relative Strength Index (RSI) | 50.51 |
| Average Volume (20 Days) | 9,300,010 |
Short Selling Information
The latest short interest is 41.51 million, so 8.87% of the outstanding shares have been sold short.
| Short Interest | 41.51M |
| Short Previous Month | 45.35M |
| Short % of Shares Out | 8.87% |
| Short % of Float | 9.05% |
| Short Ratio (days to cover) | 3.47 |
Income Statement
In the last 12 months, CLF had revenue of $21.01 billion and earned $44.00 million in profits. Earnings per share was $0.09.
| Revenue | 21.01B |
| Gross Profit | 1.10B |
| Operating Income | 701.00M |
| Pretax Income | 80.00M |
| Net Income | 44.00M |
| EBITDA | 1.64B |
| EBIT | 701.00M |
| Earnings Per Share (EPS) | $0.09 |
Balance Sheet
The company has $110.00 million in cash and $3.53 billion in debt, giving a net cash position of -$3.42 billion or -$7.32 per share.
| Cash & Cash Equivalents | 110.00M |
| Total Debt | 3.53B |
| Net Cash | -3.42B |
| Net Cash Per Share | -$7.32 |
| Equity (Book Value) | 7.37B |
| Book Value Per Share | 15.19 |
| Working Capital | 2.87B |
Cash Flow
In the last 12 months, operating cash flow was $2.08 billion and capital expenditures -$666.00 million, giving a free cash flow of $1.41 billion.
| Operating Cash Flow | 2.08B |
| Capital Expenditures | -666.00M |
| Free Cash Flow | 1.41B |
| FCF Per Share | $3.02 |
Margins
Gross margin is 5.21%, with operating and profit margins of 3.34% and 0.21%.
| Gross Margin | 5.21% |
| Operating Margin | 3.34% |
| Pretax Margin | 0.61% |
| Profit Margin | 0.21% |
| EBITDA Margin | 7.82% |
| EBIT Margin | 3.34% |
| FCF Margin | 6.73% |
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 | 4.26% |
| Shareholder Yield | 4.26% |
| Earnings Yield | 0.71% |
| FCF Yield | 22.77% |
Analyst Forecast
The average price target for CLF is $16.57, which is 25.96% higher than the current price. The consensus rating is "Hold".
| Price Target | $16.57 |
| Price Target Difference | 25.96% |
| Analyst Consensus | Hold |
| Analyst Count | 11 |
| Revenue Growth Forecast (5Y) | -0.55% |
| EPS Growth Forecast (5Y) | n/a |
Stock 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 2.27 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.27 |
| Piotroski F-Score | 7 |