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CLEVELAND-CLIFFS INC. (CLF) Add to portfolio

1m | 3m | 6m | 1y | 2y | 5y | 10y
Price: $21.73 Metrics
OS: 514.8 M 44 % ROE
Market cap: $11.2 B 26 % ROIC
Net debt: $4.22 B 0.8 x Debt/EBITDA
EV: $15.4 B

 
TTM Valuation
EBITDA $5.4 B 2.9 x EV/EBITDA
EBIT $4.6 B 3.3 x EV/EBIT
EPS $6.57 3.3 x P/E

Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
Revenues22,989.020,444.05,354.01,990.02,332.01,866.01,379.72,013.3
            Revenue growth12.4%281.8%169.0%-14.7%25.0%35.2%-31.5%-40.3%
Cost of goods sold20,471.015,910.05,102.01,414.01,523.01,398.41,274.41,776.8
Gross profit2,518.04,534.0252.0576.0809.0467.6105.3236.5
            Gross margin11.0%22.2%4.7%28.9%34.7%25.1%7.6%11.7%
Selling, general and administrative465.0422.0244.0113.0136.077.4149.485.2
EBITA1,948.04,002.0-232.0422.0586.0390.2455.9135.3
            EBITA margin8.5%19.6%-4.3%21.2%25.1%20.9%33.0%6.7%
Amortization of intangibles13.010.0      
EBIT1,935.03,992.0-232.0422.0586.0390.2455.9135.3
            EBIT margin8.4%19.5%-4.3%21.2%25.1%20.9%33.0%6.7%
Pre-tax income1,796.03,803.0-193.0313.0565.0108.2110.4313.1
Income taxes423.0773.0-111.018.0-460.0-252.4-12.2169.3
            Tax rate23.6%20.3%57.5%5.8%   54.1%
Earnings from continuing ops1,335.02,988.0-122.0293.01,040.0364.597.4135.1
Earnings from discontinued ops 0.0 0.0 2.576.7-892.1
Net income1,335.02,988.0-122.0293.01,128.0367.0174.1-749.3
            Net margin5.8%14.6%-2.3%14.7%48.4%19.7%12.6%-37.2%
 
Diluted EPS$2.55$5.35($0.32)$1.03$3.42$1.24$0.49$0.88
Shares outstanding (diluted)524.0558.0379.0284.0304.0293.0200.1153.6
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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