Cleveland Cliffs Inc. financial data

Symbol
CLF on NYSE
Location
200 Public Square, Ste. 3300, Cleveland, OH
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2025 - Oct 22, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 207 % +9.98%
Quick Ratio 147 % +14.1%
Debt-to-equity 238 % +79.5%
Return On Equity -10.5 % -312%
Return On Assets -4.19 % -290%
Operating Margin -9.15 % -365%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 495M shares +0.16%
Common Stock, Shares, Outstanding 495M shares +5.69%
Entity Public Float 7.08B USD -15.7%
Weighted Average Number of Shares Outstanding, Basic 495M shares +5.77%
Weighted Average Number of Shares Outstanding, Diluted 495M shares +5.77%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 18.6B USD -6.76%
Costs and Expenses 20.3B USD -0.2%
Operating Income (Loss) -1.7B USD -333%
Nonoperating Income (Expense) -422M USD -369%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -2.13B USD -340%
Income Tax Expense (Benefit) -509M USD -638%
Net Income (Loss) Attributable to Parent -251M USD -2.87%
Earnings Per Share, Basic -0.51 USD/shares +1.92%
Earnings Per Share, Diluted -0.51 USD/shares +1.92%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 66M USD +69.2%
Accounts Receivable, after Allowance for Credit Loss, Current 1.8B USD +13.5%
Inventory, Net 4.68B USD +10.6%
Other Assets, Current 143M USD -15.4%
Assets, Current 6.69B USD +11%
Property, Plant and Equipment, Net 9.51B USD +9.45%
Operating Lease, Right-of-Use Asset 351M USD +53.9%
Intangible Assets, Net (Excluding Goodwill) 1.14B USD
Goodwill 1.8B USD +78.7%
Other Assets, Noncurrent 686M USD -1.86%
Assets 20.3B USD +20.8%
Accounts Payable, Current 1.91B USD -3.48%
Employee-related Liabilities, Current 565M USD +36.8%
Accrued Liabilities, Current 339M USD -10.6%
Liabilities, Current 3.28B USD +0.77%
Operating Lease, Liability, Noncurrent 275M USD +39.6%
Other Liabilities, Noncurrent 1.5B USD +4.17%
Liabilities 14.6B USD +50.3%
Accumulated Other Comprehensive Income (Loss), Net of Tax 1.56B USD -4.7%
Retained Earnings (Accumulated Deficit) -286M USD -120%
Stockholders' Equity Attributable to Parent 5.47B USD -20.3%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 5.71B USD -19.2%
Liabilities and Equity 20.3B USD +20.8%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -351M USD -347%
Net Cash Provided by (Used in) Financing Activities 499M USD
Net Cash Provided by (Used in) Investing Activities -145M USD +19%
Common Stock, Shares Authorized 1.2B shares 0%
Common Stock, Shares, Issued 531M shares 0%
Common Stock, Par or Stated Value Per Share 0.13 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -168M USD -609%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 73M USD +87.2%
Interest Paid, Excluding Capitalized Interest, Operating Activities 77M USD +45.3%
Deferred Tax Assets, Valuation Allowance 388M USD -2.02%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 1.11B USD +14.6%
Operating Lease, Liability 325M USD +36.6%
Depreciation 1.12B USD +26.5%
Payments to Acquire Property, Plant, and Equipment 152M USD -16.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -1.75B USD -272%
Lessee, Operating Lease, Liability, to be Paid 459M USD +38.7%
Property, Plant and Equipment, Gross 15.1B USD +14%
Operating Lease, Liability, Current 50M USD +22%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure -12.5%
Deferred Income Tax Expense (Benefit) -151M USD -1788%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 134M USD +44.1%
Deferred Tax Assets, Operating Loss Carryforwards 589M USD +51%
Unrecognized Tax Benefits 121M USD +59.2%
Additional Paid in Capital 4.78B USD -1.89%
Amortization of Intangible Assets 75M USD +477%
Depreciation, Depletion and Amortization 1.22B USD +31.6%
Deferred Tax Assets, Net of Valuation Allowance 726M USD +26%