CLEVELAND-CLIFFS INC. financial data

Symbol
CLF on NYSE
Location
Cleveland, OH
Fiscal year end
31 December
Latest financial report
10-Q - Q3 2025 - 22 Oct 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 207% % 10%
Quick Ratio 147% % 14%
Debt-to-equity 238% % 79%
Return On Equity -11% % -312%
Return On Assets -4.2% % -290%
Operating Margin -9.2% % -365%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 494,707,468 shares 0.16%
Common Stock, Shares, Outstanding 494,699,774 shares 5.7%
Entity Public Float $7,077,318,531 USD -16%
Weighted Average Number of Shares Outstanding, Basic 495,000,000 shares 5.8%
Weighted Average Number of Shares Outstanding, Diluted 495,000,000 shares 5.8%

Income Statement

Label TTM Value / Value Unit Change %
Revenues $18,622,000,000 USD -6.8%
Costs and Expenses $20,325,000,000 USD -0.2%
Operating Income (Loss) $1,703,000,000 USD -333%
Nonoperating Income (Expense) $422,000,000 USD -369%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $2,125,000,000 USD -340%
Income Tax Expense (Benefit) $509,000,000 USD -638%
Net Income (Loss) Attributable to Parent $251,000,000 USD -2.9%
Earnings Per Share, Basic -0.51 USD/shares 1.9%
Earnings Per Share, Diluted -0.51 USD/shares 1.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $66,000,000 USD 69%
Accounts Receivable, after Allowance for Credit Loss, Current $1,797,000,000 USD 14%
Inventory, Net $4,683,000,000 USD 11%
Other Assets, Current $143,000,000 USD -15%
Assets, Current $6,689,000,000 USD 11%
Property, Plant and Equipment, Net $9,508,000,000 USD 9.5%
Operating Lease, Right-of-Use Asset $351,000,000 USD 54%
Intangible Assets, Net (Excluding Goodwill) $1,142,000,000 USD
Goodwill $1,796,000,000 USD 79%
Other Assets, Noncurrent $686,000,000 USD -1.9%
Assets $20,290,000,000 USD 21%
Accounts Payable, Current $1,914,000,000 USD -3.5%
Employee-related Liabilities, Current $565,000,000 USD 37%
Accrued Liabilities, Current $339,000,000 USD -11%
Liabilities, Current $3,280,000,000 USD 0.77%
Operating Lease, Liability, Noncurrent $275,000,000 USD 40%
Other Liabilities, Noncurrent $1,499,000,000 USD 4.2%
Liabilities $14,583,000,000 USD 50%
Accumulated Other Comprehensive Income (Loss), Net of Tax $1,563,000,000 USD -4.7%
Retained Earnings (Accumulated Deficit) $286,000,000 USD -120%
Stockholders' Equity Attributable to Parent $5,466,000,000 USD -20%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $5,707,000,000 USD -19%
Liabilities and Equity $20,290,000,000 USD 21%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $351,000,000 USD -347%
Net Cash Provided by (Used in) Financing Activities $499,000,000 USD
Net Cash Provided by (Used in) Investing Activities $145,000,000 USD 19%
Common Stock, Shares Authorized 1,200,000,000 shares 0%
Common Stock, Shares, Issued 531,051,530 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 $168,000,000 USD -609%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $73,000,000 USD 87%
Interest Paid, Excluding Capitalized Interest, Operating Activities $77,000,000 USD 45%
Deferred Tax Assets, Valuation Allowance $388,000,000 USD -2%
Deferred Tax Assets, Gross $1,114,000,000 USD 15%
Operating Lease, Liability $325,000,000 USD 37%
Depreciation $1,122,000,000 USD 26%
Payments to Acquire Property, Plant, and Equipment $152,000,000 USD -16%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $1,751,000,000 USD -272%
Lessee, Operating Lease, Liability, to be Paid $459,000,000 USD 39%
Property, Plant and Equipment, Gross $15,131,000,000 USD 14%
Operating Lease, Liability, Current $50,000,000 USD 22%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure -12%
Deferred Income Tax Expense (Benefit) $151,000,000 USD -1788%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $134,000,000 USD 44%
Deferred Tax Assets, Operating Loss Carryforwards $589,000,000 USD 51%
Unrecognized Tax Benefits $121,000,000 USD 59%
Additional Paid in Capital $4,783,000,000 USD -1.9%
Amortization of Intangible Assets $75,000,000 USD 477%
Depreciation, Depletion and Amortization $1,221,000,000 USD 32%
Deferred Tax Assets, Net of Valuation Allowance $726,000,000 USD 26%