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

Cleveland-Cliffs market cap is $2 b, and annual revenue was $1.99 b in FY 2019

$2 B

CLF Mkt cap, 09-Jul-2020

$359.1 M

Cleveland-Cliffs Revenue Q1, 2020
Cleveland-Cliffs Net income (Q1, 2020)-48.6 M
Cleveland-Cliffs EBIT (Q1, 2020)-78.8 M
Cleveland-Cliffs Cash, 31-Mar-2020186.9 M
Cleveland-Cliffs EV6.2 B

Cleveland-Cliffs Revenue

Cleveland-Cliffs revenue was $1.99 b in FY, 2019

Embed Graph

Cleveland-Cliffs Income Statement

Quarterly

USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

1.2b1.3b1.2b1.8b2.1b1.3b1.6b1.5b1.1b1.5b1.5b940.0m1.1b1.3b446.0m498.1m593.2m305.5m496.2m553.3m461.6m569.3m698.4m239.0m714.3m741.8m157.0m743.2m555.6m359.1m

Cost of goods sold

769.6m869.5m584.5m1.1b1.3b961.2m1.2b1.3b902.6m1.2b1.2b876.8m1.0b1.2b365.2m440.8m538.1m274.6m404.7m467.9m365.9m424.2m538.2m242.6m429.8m480.2m126.1m480.2m400.7m

Gross profit

414.7m476.5m598.7m730.8m863.3m303.5m449.3m198.3m237.9m268.2m348.7m63.2m92.0m127.5m80.8m57.3m55.1m30.9m91.5m85.4m95.7m145.1m160.2m(3.6m)284.5m261.6m30.9m263.0m154.9m

Gross profit Margin, %

35%35%51%40%40%24%28%13%21%18%23%7%8%10%18%12%9%10%18%15%21%25%23%(2%)40%35%20%35%28%

General and administrative expense

50.2m68.1m50.7m69.5m78.3m63.0m83.5m63.9m48.4m48.9m70.6m51.1m52.5m62.7m29.1m30.8m22.4m28.2m22.5m31.1m25.7m27.5m24.6m27.7m26.2m30.1m28.1m30.6m25.5m26.1m

Operating expense total

48.9m87.3m57.5m113.9m43.0m72.4m84.0m122.0m69.6m6.2m124.7m113.9m103.7m7.9b8.9m31.6m25.9m31.2m16.8m50.7m13.8m30.5m30.5m36.4m30.3m36.1m31.7m36.2m33.3m39.4m

EBIT

365.8m389.2m541.2m616.9m820.3m231.1m365.3m76.3m168.3m262.0m224.0m(50.7m)(11.7m)(7.8b)71.9m25.7m29.2m(300.0k)74.7m34.7m81.9m114.6m129.7m(40.0m)254.2m225.5m(800.0k)226.8m121.6m(78.8m)

EBIT margin, %

31%29%46%34%38%18%22%5%15%18%14%(5%)(1%)(598%)16%5%5%0%15%6%18%20%19%(17%)36%30%(1%)31%22%(22%)

Interest expense

13.3m17.3m38.2m81.0m49.6m47.3m47.1m47.2m49.1m40.7m44.7m42.7m44.8m47.4m42.9m63.6m61.7m56.8m50.7m48.7m42.8m31.4m28.9m33.5m31.2m29.5m25.1m26.1m25.3m29.7m

Interest income

2.7m3.3m2.5m2.4m2.7m2.0m

Investment income

8.2m3.6m3.0m(11.3m)11.1m(6.9m)(500.0k)(15.3m)(5.5m)(67.9m)(500.0k)(300.0k)(300.0k)(9.2m)(100.0k)

Pre tax profit

351.7m409.5m562.3m589.2m765.5m187.6m317.7m32.4m120.3m218.5m178.1m(92.2m)(54.3m)(7.8b)341.9m(40.0m)46.6m121.8m27.8m(32.2m)(32.1m)79.1m13.0m(69.1m)227.6m200.3m(25.8m)183.4m96.6m(100.6m)

Income tax expense

99.3m115.7m142.0m151.9m17.8m(210.8m)42.9m(64.0m)(6.0m)9.3m65.7m(21.8m)(69.1m)(921.4m)175.1m(1.8m)(3.4m)7.5m(2.1m)(7.1m)(1.8m)2.6m(7.6m)15.7m(1.8m)500.0k(3.7m)4.8m(51.4m)

Net Income

260.7m297.4m423.4m407.7m589.5m375.8m258.0m85.1m107.0m146.0m117.2m(70.3m)10.9m(5.9b)(759.8m)60.2m10.6m108.0m12.8m(25.8m)(28.1m)31.8m53.4m(84.3m)165.1m437.8m(22.1m)160.8m90.9m(48.6m)

Cleveland-Cliffs Balance Sheet

Quarterly

USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

527.5m969.4m2.3b238.1m545.1m122.3m159.2m36.3m287.2m263.3m298.8m364.0m359.9m244.0m355.7m276.2m270.2m59.9m108.2m132.2m295.3m321.5m260.8m786.6m802.5m897.1m430.2m377.2m399.3m186.9m

Accounts Receivable

255.3m214.1m506.5m317.2m364.8m247.2m310.8m285.9m272.3m259.1m291.7m130.6m198.3m166.2m87.1m49.2m53.4m41.9m61.5m49.2m61.1m76.7m63.9m47.2m152.6m141.4m20.1m193.1m164.9m560.8m

Prepaid Expenses

91.0m89.7m137.6m152.1m144.0m192.5m219.8m322.1m297.9m316.3m310.6m363.0m221.4m206.1m190.0m140.3m138.1m26.0m45.3m47.6m76.6m88.8m24.8m28.5m26.8m18.8m41.0m42.3m40.7m

Inventories

371.8m308.5m496.4m605.3m528.2m695.9m741.0m526.7m630.1m529.2m438.4m609.8m648.8m516.7m408.5m487.1m351.7m406.3m391.2m317.3m250.8m287.6m207.7m324.4m256.4m187.9m312.7m186.2m162.2m2.1b

Current Assets

1.6b2.0b3.7b1.7b1.9b1.6b1.7b1.7b1.8b1.7b1.7b1.7b1.7b1.4b1.5b1.4b1.1b792.0m779.2m699.6m813.2m908.3m791.1m1.4b1.5b1.7b1.1b1.1b1.1b3.1b

PP&E

3.0b3.9b4.0b9.8b9.8b10.8b10.9b11.0b11.2b11.2b11.4b11.1b11.0b3.2b1.0b1.1b1.1b1.0b993.1m990.1m995.0m999.1m993.8m1.0b1.1b1.1b1.4b1.6b1.8b4.5b

Goodwill

87.1m199.8m197.3m1.2b1.2b1.2b1.2b1.2b167.6m157.2m158.6m77.3m78.6m2.0m2.0m2.0m2.0m143.3m

Total Assets

5.6b7.1b9.0b13.7b13.9b14.9b15.2b15.3b13.8b13.6b13.6b13.2b13.1b4.8b2.7b2.6b2.3b1.9b1.9b1.8b1.9b2.0b1.9b2.9b3.1b3.1b3.3b3.4b3.5b8.9b

Accounts Payable

234.1m214.4m266.9m306.9m370.1m394.5m385.2m422.1m299.9m306.6m350.8m329.2m266.0m295.8m114.3m140.0m102.3m77.2m91.9m81.3m91.1m111.7m102.0m99.5m119.0m140.8m171.7m188.1m212.8m825.3m

Dividends Payable

14.7m16.2m24.9m

Short-term debt

270.0m62.5m62.3m87.2m369.7m369.7m7.9m96.9m161.1m234.7m17.5m17.5m17.5m7.3m

Current Liabilities

714.3m690.0m1.1b1.2b1.3b1.4b1.5b1.7b1.1b1.2b1.1b1.0b1.0b1.1b846.5m758.4m669.9m439.8m376.1m323.5m309.3m413.3m417.5m424.9m474.9m380.7m394.0m437.4m458.5m1.4b

Long-term debt

725.0m1.7b2.4b3.9b3.9b3.6b3.6b3.5b3.4b3.3b3.3b3.2b3.3b3.0b2.9b2.9b2.7b2.5b2.5b2.2b1.6b1.6b1.7b2.3b2.3b2.3b2.1b2.1b2.1b4.4b

Total Debt

725.0m1.7b2.7b4.0b3.9b3.7b4.0b3.9b3.4b3.3b3.3b3.3b3.3b3.2b2.9b2.9b2.7b2.5b2.5b2.2b1.6b1.6b1.7b2.3b2.3b2.3b2.1b2.1b2.1b4.4b

Total Liabilities

2.6b3.6b4.7b7.2b7.1b7.5b7.6b7.6b7.0b6.8b6.6b6.4b6.3b5.0b4.5b4.3b4.0b3.6b3.5b3.2b2.6b2.7b2.8b3.3b3.4b3.2b3.0b3.1b3.1b7.7b

Common Stock

17.3m17.3m17.3m18.6m18.6m18.5m18.5m18.5m19.8m19.8m19.8m19.8m19.8m19.8m19.8m19.8m19.8m23.5m23.7m29.5m37.7m37.7m37.7m37.7m37.7m37.7m37.7m37.7m37.7m53.6m

Preferred Stock

Additional Paid-in Capital

871.3m875.1m903.3m1.8b1.8b1.8b1.8b1.8b2.0b2.0b2.0b2.3b2.3b2.3b2.3b2.3b2.3b3.0b3.0b3.3b4.0b4.0b3.9b3.9b3.9b3.9b3.9b3.9b3.9b4.5b

Retained Earnings

2.3b2.6b3.3b3.7b4.3b4.8b4.9b4.9b3.3b3.4b3.5b3.3b3.3b(2.6b)(4.7b)(4.7b)(4.7b)(4.6b)(4.6b)(4.7b)(4.6b)(4.6b)(4.5b)(4.3b)(4.1b)(3.7b)(3.1b)(3.0b)(2.9b)

Total Equity

3.0b3.5b4.3b6.5b6.9b7.4b7.6b7.7b6.9b6.8b6.9b6.8b6.8b(177.3m)(1.8b)(1.7b)(1.8b)(1.7b)(1.7b)(1.4b)(703.0m)(666.7m)(833.1m)(484.8m)(306.3m)(86.2m)261.7m285.6m359.9m903.2m

Debt to Equity Ratio

0.5 x-7.5 x-26.7 x8 x

Debt to Assets Ratio

0.3 x0.8 x0.7 x0.6 x

Financial Leverage

1.9 x2.1 x2.1 x2.1 x2 x2 x2 x2 x2 x2 x2 x1.9 x1.9 x-27.1 x-1.5 x-1.5 x-1.3 x-1.1 x-1.1 x-1.3 x-2.7 x-3 x-2.3 x-5.9 x-10 x-36.3 x12.6 x11.9 x9.7 x9.9 x

Cleveland-Cliffs Cash Flow

Quarterly

USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

354.2m626.6m423.4m831.1m1.4b375.8m633.8m719.0m107.0m253.0m370.2m(70.3m)(59.4m)(5.9b)(759.8m)(699.6m)(689.0m)108.0m120.8m95.0m(28.1m)3.7m57.1m(84.3m)80.8m518.6m(22.1m)138.7m229.6m(52.1m)

Depreciation and Amortization

155.1m239.5m79.8m185.2m302.9m117.3m249.4m382.3m140.6m284.9m438.0m141.1m286.4m430.4m33.0m63.5m99.1m35.2m62.1m88.9m23.2m44.8m66.3m23.9m49.4m68.6m19.9m40.9m63.1m34.4m

Accounts Receivable

(115.0m)(71.5m)(166.7m)7.0m(62.5m)(9.5m)(86.4m)(118.6m)

Inventories

(75.0m)15.2m(229.5m)(196.8m)(128.5m)(219.0m)(265.9m)(70.4m)(194.0m)(105.8m)(10.8m)(214.5m)(251.7m)(129.2m)(154.9m)(217.4m)(76.2m)(66.1m)(52.2m)21.6m(70.0m)(106.6m)(26.1m)(193.0m)(125.6m)(57.1m)(224.8m)(131.1m)(129.4m)(244.1m)

Accounts Payable

41.1m(7.2m)38.2m(26.2m)140.3m(103.9m)(288.9m)(252.3m)(139.2m)(70.3m)(117.8m)(117.7m)(73.7m)(22.5m)(152.7m)(155.6m)(236.2m)(86.8m)(97.8m)(136.1m)(90.0m)(56.1m)(108.8m)(70.9m)(4.6m)(78.6m)(88.2m)(62.8m)(70.4m)(109.2m)

Cash From Operating Activities

235.7m631.0m106.9m725.0m1.5b(129.0m)(32.8m)275.5m(25.4m)388.9m685.9m(82.0m)(123.9m)104.0m(228.2m)(248.2m)(59.5m)(126.5m)(19.3m)72.1m(25.1m)67.8m206.7m(142.9m)(49.3m)188.7m(111.2m)151.1m388.1m(160.5m)

Purchases of PP&E

(63.0m)(150.1m)(65.7m)(244.5m)(478.9m)(241.1m)(517.0m)(793.6m)(230.4m)(501.2m)(742.2m)(103.3m)(164.3m)(233.2m)(15.9m)(34.4m)(57.9m)(10.4m)(20.2m)(45.8m)(27.9m)(49.4m)(78.9m)(59.0m)(72.3m)(83.3m)(1.4m)(294.4m)(447.9m)(138.1m)

Cash From Investing Activities

(357.2m)(1.3b)(37.4m)(4.7b)(4.9b)(252.0m)(520.9m)(784.7m)(228.4m)(500.3m)(734.4m)(90.7m)(148.3m)(207.9m)(15.7m)(34.0m)(57.2m)(4.9m)(14.3m)(39.5m)(27.4m)(48.3m)(84.4m)(71.4m)(99.8m)(173.7m)(125.6m)(292.4m)(449.5m)(1.0b)

Short-term Borrowings

(750.0m)(750.0m)

Long-term Borrowings

(450.0m)(225.0m)(420.0m)(72.0m)(322.0m)(512.0m)(315.6m)(705.1m)(295.0m)(309.8m)(36.9m)(72.9m)(95.6m)(95.6m)(729.3m)(729.3m)(429.9m)

Dividends Paid

(30.8m)(49.9m)(19.0m)(38.0m)(78.8m)(39.7m)(128.8m)(217.8m)(22.9m)(46.0m)(68.8m)(23.0m)(46.0m)(69.5m)(14.8m)(28.9m)(45.1m)(16.9m)

Cash From Financing Activities

147.7m1.1b627.4m2.7b2.4b(21.2m)191.6m27.2m345.9m193.3m162.0m197.9m290.7m17.4m310.0m268.4m98.2m(93.4m)(142.5m)(186.0m)23.0m(23.8m)(188.6m)(7.0m)(25.7m)(107.7m)(157.8m)(307.9m)(366.9m)1.0b

Net Change in Cash

24.8m466.7m701.0m(1.3b)(1.0b)(399.3m)(362.4m)(482.1m)92.0m68.1m103.6m28.5m24.4m(91.5m)64.8m(14.7m)(20.7m)(225.3m)(177.0m)(153.0m)(28.1m)(1.9m)(62.6m)(221.1m)(175.8m)(81.2m)(393.0m)(423.9m)(165.7m)

Interest Paid

29.7m

Income Taxes Paid

142.0m293.9m312.3m(210.8m)100.0k

Cleveland-Cliffs Ratios

USDQ2, 2010

Financial Leverage

1.9 x

Cleveland-Cliffs Employee Rating

3.375 votes
Culture & Values
3.1
Work/Life Balance
3.2
Senior Management
2.8
Salary & Benefits
4
Career Opportunities
2.9
Source