Cleveland-Cliffs Inc CLF
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News
-
Cleveland-Cliffs Applauds DOE’s Final Transformer Efficiency Standard Rule
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Cleveland-Cliffs Issues Sustainability Report for 2023
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Cleveland-Cliffs to Announce First-Quarter 2024 Earnings Results on April 22 and Host Conference Call on April 23
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Cleveland-Cliffs Announces Price Increase for Hot Rolled, Cold Rolled and Coated Steel Products
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Cleveland-Cliffs to Get Up to $575 Million for Decarbonization Efforts
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Cleveland-Cliffs Selected to Receive $575 Million in US Department of Energy Investments for Two Projects to Accelerate Industrial Decarbonization Technologies
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Cleveland-Cliffs Announces Final Results of Tender Offer
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U.S. Steel's stock drops as Biden speaks against buyout by Japan's Nippon Steel
Trading Information
- Previous Close Price
- $21.23
- Day Range
- $20.60–21.13
- 52-Week Range
- $13.62–22.95
- Bid/Ask
- $21.05 / $21.06
- Market Cap
- $10.01 Bil
- Volume/Avg
- 3.6 Mil / 8.0 Mil
Key Statistics
- Price/Earnings (Normalized)
- 20.48
- Price/Sales
- 0.51
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- 1.43%
Company Profile
Cleveland-Cliffs Inc is a flat-rolled steel producer and manufacturer of iron ore pellets in North America. It is organized into four operating segments based on differentiated products, Steelmaking, Tubular, Tooling and Stamping and European Operations, but operates through one reportable segment -Steelmaking. It is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling and tubing. It serves a diverse range of other markets due to its comprehensive offering of flat-rolled steel products. Geographically, it operates in the United States, Canada and other countries. The majority of revenue is from the United States. It is a supplier of steel to the automotive industry in North America.
- Sector
- Basic Materials
- Industry
- Steel
- Stock Style Box
- Mid Core
- Total Number of Employees
- 28,000
- Website
- https://www.clevelandcliffs.com
Comparables
Valuation
|
Metric
|
CLF
|
X
|
METC
|
|---|---|---|---|
Price/Earnings (Normalized) | 20.48 | 8.81 | 9.08 |
Price/Book Value | 1.40 | 0.85 | 2.26 |
Price/Sales | 0.51 | 0.59 | 1.02 |
Price/Cash Flow | 7.56 | 5.52 | 4.41 |
Price/Earnings
CLF
X
METC
Financial Strength
|
Metric
|
CLF
|
X
|
METC
|
|---|---|---|---|
Quick Ratio | 0.58 | 1.14 | 0.82 |
Current Ratio | 1.89 | 1.76 | 1.12 |
Interest Coverage | 3.07 | 13.58 | 12.76 |
Quick Ratio
CLF
X
METC
Profitability
|
Metric
|
CLF
|
X
|
METC
|
|---|---|---|---|
Return on Assets (Normalized) | 3.19% | 5.97% | 14.40% |
Return on Equity (Normalized) | 7.47% | 11.21% | 27.11% |
Return on Invested Capital (Normalized) | 6.71% | 7.56% | 21.00% |
Return on Assets
CLF
X
METC
Steel Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
NUE
| Nucor Corp | Zbkgfcmq | Dyqmphr | $46.6 Bil | |
STLD
| Steel Dynamics Inc | Twvpjwpqz | Ynshm | $22.3 Bil | |
AMSYF
| ArcelorMittal SA New Reg.Shs ex-Arcelor | Rlgxwvvs | Rjs | $22.1 Bil | |
MT
| ArcelorMittal SA Depository Receipt | Tpnj | Csksv | $22.1 Bil | |
NISTF
| Nippon Steel Corp | — | Mtgk | $22.0 Bil | |
NPSCY
| Nippon Steel Corp ADR | — | Mnlgd | $21.6 Bil | |
PKX
| POSCO Holdings Inc ADR | Sdmsgpn | Nwfz | $21.4 Bil | |
RS
| Reliance Inc | Rzbxqgztq | Nxxybzv | $18.7 Bil | |
JFEEF
| JFE Holdings Inc | — | Stbg | $10.4 Bil |