Cleveland-Cliffs (CLF) stock price, revenue, and financials

Cleveland-Cliffs market cap is $11.7 b, and annual revenue was $5.35 b in FY 2020

$11.7 B

CLF Mkt cap, 10-Sept-2021

$4 B

Cleveland-Cliffs Revenue Q1, 2021
Cleveland-Cliffs Gross profit (Q1, 2021)288 M
Cleveland-Cliffs Gross profit margin (Q1, 2021), %7.1%
Cleveland-Cliffs Net income (Q1, 2021)57 M
Cleveland-Cliffs EBIT (Q1, 2021)177 M
Cleveland-Cliffs Cash, 31-Mar-2021110 M
Cleveland-Cliffs EV17.3 B
Get notified regarding key financial metrics and revenue changes at Cleveland-CliffsLearn more
Banner background

Cleveland-Cliffs Revenue

Cleveland-Cliffs revenue was $5.35 b in FY, 2020 which is a 169.1% year over year increase from the previous period.

Embed Graph

Cleveland-Cliffs Revenue Breakdown

Embed Graph

Cleveland-Cliffs revenue breakdown by business segment: 7.3% from Other Businesses and 92.7% from Steelmaking

Cleveland-Cliffs revenue breakdown by geographic segment: 11.2% from Canada, 85.5% from United States and 3.2% from Other

Cleveland-Cliffs Balance Sheet

Annual

USDFY, 2018FY, 2019FY, 2020

Cash

823.2m352.6m112.0m

Accounts Receivable

226.7m94.0m1.2b

Inventories

181.1m317.4m3.8b

Current Assets

1.5b897.9m5.3b

PP&E

1.3b1.9b8.7b

Goodwill

1.4b

Total Assets

3.5b3.5b16.8b

Accounts Payable

186.8m193.2m1.6b

Short-term debt

38.4m

Current Liabilities

468.2m409.4m2.9b

Long-term debt

2.1b2.1b5.4b

Total Debt

2.1b2.1b5.4b

Total Liabilities

3.1b3.1b13.7b

Common Stock

37.7m37.7m63.0m

Preferred Stock

738.0m

Additional Paid-in Capital

3.9b3.9b5.4b

Retained Earnings

(3.1b)(2.8b)(3.0b)

Total Equity

424.2m357.9m2.3b

Debt to Equity Ratio

5 x5.9 x2.3 x

Debt to Assets Ratio

0.6 x0.6 x0.3 x

Financial Leverage

8.3 x9.8 x7.2 x

Cleveland-Cliffs Cash Flow

Annual

USDFY, 2018FY, 2019FY, 2020

Net Income

1.1b292.8m(81.0m)

Depreciation and Amortization

89.0m85.1m404.0m

Inventories

42.9m(136.3m)(146.0m)

Cash From Operating Activities

478.5m562.5m(261.0m)

Purchases of PP&E

(296.1m)(656.0m)(525.0m)

Cash From Investing Activities

(273.1m)(644.4m)(2.0b)

Long-term Borrowings

(234.5m)(729.3m)(1.6b)

Dividends Paid

(44.2m)(116.3m)(102.0m)

Cash From Financing Activities

(375.2m)(394.1m)2.1b

Net Change in Cash

(155.1m)(470.6m)(244.0m)

Interest Paid

105.7m97.6m170.0m

Income Taxes Paid

2.9m200.0k5.0m

Cleveland-Cliffs Ratios

USDQ1, 2018

Debt/Equity

-4.8 x

Debt/Assets

0.8 x

Financial Leverage

-5.9 x

Cleveland-Cliffs Operating Metrics

FY, 2017FY, 2018FY, 2019FY, 2020

Locations

33

Active Iron Ore Mines

4445

Cokemaking Facilities

5

Annual Pellet Production Capacity, long tons

27.4 m27.4 m27.4 m28 m

Annual Raw Steel Production Capacity, tons

23 m

Annual Coke Production Capacity, tons

3.9 m

Annual Coal Production Capacity, tons

2.3 m

Iron Ore Pellets Produced, long tons

25.5 m26.3 m25.7 m17 m

Raw Steel Produced, tons

4 m

Coke Produced, tons

1 m

Coal Produced, tons

1.6 m

Iron Ore Proven Reserves, long tons

1.07 b1.07 b731.1 m833 m

Iron Ore Probable Reserves, long tons

1.08 b1.06 b1.62 b1.6 b

Iron Ore Proven & Probable Reserves, long tons

2.15 b2.12 b2.35 b2.43 b

Recoverable Coal Proven Reserves, tons

114.2 m

Recoverable Coal Probable Reserves, tons

37.5 m

Recoverable Coal Proven & Probable Reserves, tons

151.7 m

Iron Ore Products Sold, long tons

18.7 m20.6 m18.6 m11.71 m

Steel Products Sold, tons

3.78 m

Cleveland-Cliffs Employee Rating

3.4200 votes
Culture & Values
2.6
Work/Life Balance
2.6
Senior Management
2.4
Salary & Benefits
4.2
Career Opportunities
2.4
Source