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 - Q2 2025 - Jul 23, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 203 % +4.38%
Quick Ratio 144 % +10.1%
Debt-to-equity 205 % +60.9%
Return On Equity -10.5 % -311%
Return On Assets -4.19 % -290%
Operating Margin -9.54 % -1137%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 495M shares +5.7%
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 +4.65%
Weighted Average Number of Shares Outstanding, Diluted 495M shares +4.43%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 18.5B USD -12.1%
Costs and Expenses 20.2B USD -2.87%
Operating Income (Loss) -1.76B USD -1012%
Nonoperating Income (Expense) -364M USD -460%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -2.12B USD -1759%
Income Tax Expense (Benefit) -507M USD -1508%
Net Income (Loss) Attributable to Parent -754M USD -289%
Earnings Per Share, Basic -1 USD/shares -301%
Earnings Per Share, Diluted -1 USD/shares -301%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 61M USD -44.5%
Accounts Receivable, after Allowance for Credit Loss, Current 1.78B USD +0.56%
Inventory, Net 4.7B USD +11.9%
Other Assets, Current 144M USD +30.9%
Assets, Current 6.69B USD +7.99%
Property, Plant and Equipment, Net 9.62B USD +10.2%
Operating Lease, Right-of-Use Asset 351M USD +53.9%
Intangible Assets, Net (Excluding Goodwill) 1.19B USD
Goodwill 1.81B USD +80.5%
Other Assets, Noncurrent 712M USD +9.71%
Assets 20.5B USD +20.9%
Accounts Payable, Current 1.95B USD -6.39%
Employee-related Liabilities, Current 521M USD +20.9%
Accrued Liabilities, Current 348M USD +17.6%
Liabilities, Current 3.28B USD -1.24%
Operating Lease, Liability, Noncurrent 275M USD +39.6%
Other Liabilities, Noncurrent 1.51B USD +11.4%
Liabilities 14.4B USD +51%
Accumulated Other Comprehensive Income (Loss), Net of Tax 1.64B USD -1.32%
Retained Earnings (Accumulated Deficit) 484M USD -70.9%
Stockholders' Equity Attributable to Parent 5.82B USD -18.2%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 6.04B USD -18%
Liabilities and Equity 20.5B USD +20.9%

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 68M USD -38.2%
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 1.09B USD +20.6%
Payments to Acquire Property, Plant, and Equipment 152M USD -16.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -1.69B USD -2621%
Lessee, Operating Lease, Liability, to be Paid 459M USD +38.7%
Property, Plant and Equipment, Gross 15B USD +14.4%
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 4.77B USD -1.97%
Amortization of Intangible Assets 57M USD +338%
Depreciation, Depletion and Amortization 1.17B USD +24%
Deferred Tax Assets, Net of Valuation Allowance 726M USD +26%