OverviewSuggest Edit

Cleveland-Cliffs is an international mining and natural resources company. The Company operates four iron ore mines in Michigan and Minnesota; and Koolyanobbing iron ore mining complex located in Western Australia. It sells its products to integrated steel companies and steel producers in the United States and the Asia Pacific.

TypePublic
Founded1850
HQCleveland, US
Websiteclevelandcliffs.com
Employee Ratings3.3

Latest Updates

Employees (est.) (Dec 2019)2,372(-18%)
Job Openings23
Revenue (FY, 2019)$2 B(-14%)
Share Price (Mar 2020)$3.8 (-2%)

Key People/Management at Cleveland-Cliffs

Lourenco Goncalves

Lourenco Goncalves

Chairman, President and CEO
Douglas Taylor

Douglas Taylor

Lead Director
Clifford T. Smith

Clifford T. Smith

Executive Vice President, Chief Operating Officer
Keith A. Koci

Keith A. Koci

Executive Vice President, Chief Financial Officer
John T. Baldwin

John T. Baldwin

Director
James Graham

James Graham

Executive Vice President, Chief Legal Officer & Secretary
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Cleveland-Cliffs Office Locations

Cleveland-Cliffs has an office in Cleveland
Cleveland, US (HQ)
200 Public Square, 200 Public Square #3300
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Cleveland-Cliffs Financials and Metrics

Cleveland-Cliffs Revenue

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Cleveland-Cliffs's revenue was reported to be $1.99 b in FY, 2019
USD

Revenue (FY, 2019)

2.0b

Gross profit (FY, 2019)

575.7m

Gross profit margin (FY, 2019), %

28.9%

Net income (FY, 2019)

292.8m

EBIT (FY, 2019)

429.3m

Market capitalization (27-Mar-2020)

1.5b

Closing stock price (27-Mar-2020)

3.8

Cash (31-Dec-2019)

352.6m

EV

3.3b
Cleveland-Cliffs's current market capitalization is $1.5 b.
USDY, 2019

EV/EBIT

7.6 x

EV/CFO

5.8 x

Revenue/Employee

838.9k

Financial Leverage

9.8 x
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Cleveland-Cliffs Acquisitions / Subsidiaries

Company NameDateDeal Size
Consolidated Thompson Iron Mines LimitedJanuary 11, 2011
PinnOak ResourcesJuly 31, 2007

Cleveland-Cliffs Online and Social Media Presence

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Cleveland-Cliffs News and Updates

How Big Can Cleveland-Cliffs Be In The Iron Ore And Pellet Market By 2025?

The iron ore market was one of the most volatile markets of 2019, with iron ore prices rising sharply in the first half of the year, on fear of lower supply following the announcement of production cuts by Vale. This was followed by a drop in prices toward the end of the year...

Cleveland-Cliffs Decides To Buy AK Steel: Who Is The Real Winner?

In December 2019, Cleveland-Cliffs (NYSE: CLF) announced that it has entered into a $1.1 billion all-stock deal to buy AK Steel. Post the deal closure in the first half of 2020, CLF is likely to hold 68% of the vertically integrated steel company, with AK Steel holding the other 32%...

AK Steel’s stock jumps after $1.1 billion buyout deal with Cleveland-Cliffs

Shares of AK Steel Holding Corp. surged toward a nine-month high Tuesday, after the steel maker agreed to be bought out by iron ore mining company Cleveland-Cliffs Inc. in an all-stock deal valued at $1.1 billion.

Mercury Systems Set to Join S&P MidCap 400; Cleveland-Cliffs and Essential Properties Realty Trust to Join S&P SmallCap 600

NEW YORK, Oct. 2, 2019 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600: S&P SmallCap 600 constituent Mercury Systems Inc. (NASD: MRCY) will replace Versum Materials Inc. (NYSE: VSM) in the S&P MidCap 400, and...

Why Cleveland-Cliffs Lost Steam After A Revenue Growth Of 50% Over The Previous 2 Years

Cleveland-Cliffs (NYSE: CLF) has added close to $0.78 billion in revenue between 2016 and 2018, which has led to total revenues increasing from $1.55 billion in 2016 to $2.33 billion in 2018. This rise was mainly driven by an increase in iron ore volume sold and premium pricing for its high-grade...

Thinking about buying stock in Aurora Cannabis, Cleveland-Cliffs, Crowdstrike, General Electric, or Midatech Pharma?

NEW YORK, July 19, 2019 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for ACB, CLF, CRWD, GE, and MTP. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....
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Cleveland-Cliffs Frequently Asked Questions

  • When was Cleveland-Cliffs founded?

    Cleveland-Cliffs was founded in 1850.

  • Who are Cleveland-Cliffs key executives?

    Cleveland-Cliffs's key executives are Lourenco Goncalves, Douglas Taylor and Clifford T. Smith.

  • How many employees does Cleveland-Cliffs have?

    Cleveland-Cliffs has 2,372 employees.

  • What is Cleveland-Cliffs revenue?

    Latest Cleveland-Cliffs annual revenue is $2 b.

  • What is Cleveland-Cliffs revenue per employee?

    Latest Cleveland-Cliffs revenue per employee is $838.9 k.

  • Who are Cleveland-Cliffs competitors?

    Competitors of Cleveland-Cliffs include BMM, Anglo American and American Resources Corporation.

  • Where is Cleveland-Cliffs headquarters?

    Cleveland-Cliffs headquarters is located at 200 Public Square, 200 Public Square #3300, Cleveland.

  • Where are Cleveland-Cliffs offices?

    Cleveland-Cliffs has an office in Cleveland.

  • How many offices does Cleveland-Cliffs have?

    Cleveland-Cliffs has 1 office.