CLEVELAND-CLIFFS INC. (CLF)

13.55 -0.01 (-0.07%)

As of 2025-10-16 21:56:18 EST

Cleveland-Cliffs Inc. (CCI, formerly Cliffs Natural Resources), based in Cleveland, Ohio, specializes in the mining, beneficiation, and pelletizing of iron ore, as well as steelmaking, including stamping and tooling. The company is ranked 22nd on the list of steel producers and is the second-largest steel producer in the United States after Nucor. It is the largest flat-rolled steel producer in North America. The company is ranked 221st on the Fortune 500 and 1511th on the Forbes Global 2000.

Traded asNYSE: CLF
ISINUS1858991011
CIK0000764065
LEI549300TM2WLI2BJMDD86
EIN341464672
SectorSteel
IndustryMetal Mining
CEO
Employees30,000
Fiscal Year End1231
Address200 PUBLIC SQUARE, CLEVELAND, OH, 44114-2315
Phone216-694-5700
Websitehttp://clevelandcliffs.com
Stock Quotes
trading_symbolregistrant_nametimepricechangepercentage_change
CLFCLEVELAND-CLIFFS INC.2025-10-16 21:56:1813.55-0.01-0.07
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Company Information
trading_symbolcentral_index_keyregistrant_nameisin_numberlei_numberein_numberexchangesic_codesic_descriptionfiscal_year_endstate_of_incorporationaddress_streetaddress_cityaddress_stateaddress_zip_codeaddress_countryaddress_country_codephone_numbermailing_addressbusiness_addressformer_nameindustryfounding_datechief_executive_officernumber_of_employeeswebsitemarket_capshares_issuedshares_outstandingdescriptionupdate_time
CLF0000764065CLEVELAND-CLIFFS INC.US1858991011549300TM2WLI2BJMDD86341464672NYSE1000Metal Mining1231OH200 PUBLIC SQUARECLEVELANDOH44114-2315UNITED STATESUS216-694-5700200 PUBLIC SQUARE, CLEVELAND, OH, 44114-2315200 PUBLIC SQUARE, CLEVELAND, OH, 44114-2315CLIFFS NATURAL RESOURCES INC.Steel184730,000http://clevelandcliffs.com7,077,318,531531,051,530494,695,276Cleveland-Cliffs Inc. (CCI, formerly Cliffs Natural Resources), based in Cleveland, Ohio, specializes in the mining, beneficiation, and pelletizing of iron ore, as well as steelmaking, including stamping and tooling. The company is ranked 22nd on the list of steel producers and is the second-largest steel producer in the United States after Nucor. It is the largest flat-rolled steel producer in North America. The company is ranked 221st on the Fortune 500 and 1511th on the Forbes Global 2000.2025-10-10 20:03:02
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CLF Stock Price (End-of-Day)
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CLF Stock Price (1-Minute)
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Market Cap
Fiscal YearMarket CapChange In Market CapPercentage Change In Market CapShares OutstandingChange In Shares OutstandingPercentage Change In Shares Outstanding
20247,077,318,531-1,313,307,452-15.6521494,481,275-3,808,201-0.7643
20238,390,625,983546,567,8546.9679498,289,476-16,497,828-3.2048
20227,844,058,129-2,792,363,833-26.2528514,787,304-10,622,401-2.0217
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Executive Compensation
Executive NameExecutive PositionFiscal YearSalaryBonusStock AwardsIncentive Plan CompensationOther CompensationTotal Compensation
Lourenco GoncalvesCEO, Chairman, President20242,201,000011,469,565880,400121,63215,248,897
Celso L. Goncalves Jr.EVP, CFO2024850,00003,322,043204,00062,3394,494,082
Lourenco GoncalvesCEO, Chairman, President20232,116,000011,860,43110,150,235112,65526,183,928
Celso L. Goncalves Jr.EVP, CFO2023750,00003,152,9031,555,25472,3575,740,614
Celso L. Goncalves Jr.EVP, CFO2022660,00002,167,293714,66971,1973,613,159
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Employee Count
Fiscal YearEmployee Count
202430,000
202328,000
202227,000
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Income Statements
Fiscal Year202420232022
Revenue19,185,000,00021,996,000,00022,989,000,000
Cost Of Revenue19,115,000,00020,605,000,00020,471,000,000
Gross Profit
Research And Development Expenses
General And Administrative Expenses486,000,000577,000,000465,000,000
Operating Expenses19,941,000,00021,319,000,00021,050,000,000
Operating Income-756,000,000677,000,0001,939,000,000
Net Income-754,000,000399,000,0001,335,000,000
Earnings Per Share Basic-1.570.782.57
Earnings Per Share Diluted-1.570.782.55
Weighted Average Shares Outstanding Basic480,000,000510,000,000519,000,000
Weighted Average Shares Outstanding Diluted480,000,000511,000,000524,000,000
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Balance Sheet Statements
Fiscal Year202420232022
Cash And Cash Equivalents54,000,000198,000,00026,000,000
Marketable Securities Current
Accounts Receivable1,576,000,0001,840,000,0001,960,000,000
Inventories5,094,000,0004,460,000,0005,130,000,000
Non Trade Receivables
Other Assets Current183,000,000138,000,000306,000,000
Total Assets Current6,907,000,0006,636,000,0007,422,000,000
Marketable Securities Non Current
Property Plant And Equipment9,942,000,0008,895,000,0009,070,000,000
Other Assets Non Current733,000,000672,000,000777,000,000
Total Assets Non Current14,040,000,00010,901,000,00011,333,000,000
Total Assets20,947,000,00017,537,000,00018,755,000,000
Accounts Payable2,008,000,0002,099,000,0002,186,000,000
Deferred Revenue
Short Term Debt000
Other Liabilities Current492,000,000518,000,000934,000,000
Total Liabilities Current3,322,000,0003,508,000,0003,549,000,000
Long Term Debt7,065,000,0003,137,000,0004,249,000,000
Other Liabilities Non Current1,453,000,0001,310,000,0001,267,000,000
Total Liabilities Non Current10,728,000,0005,907,000,0007,164,000,000
Total Liabilities14,050,000,0009,415,000,00010,713,000,000
Common Stock66,000,00066,000,00066,000,000
Retained Earnings979,000,0001,733,000,0001,334,000,000
Accumulated Other Comprehensive Income1,537,000,0001,657,000,0001,830,000,000
Total Shareholders Equity6,664,000,0007,887,000,0007,791,000,000
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Cash Flow Statements
Fiscal Year202420232022
Depreciation And Amortization951,000,000973,000,0001,034,000,000
Share Based Compensation Expense37,000,00031,000,00021,000,000
Other Non Cash Income Expense-485,000,000-76,000,000-122,000,000
Change In Accounts Receivable-364,000,000-120,000,000
Change In Inventories5,000,000-670,000,000-64,000,000
Change In Non Trade Receivables
Change In Other Assets
Change In Accounts Payable-408,000,0004,000,000-186,000,000
Change In Other Liabilities-44,000,000130,000,000
Cash From Operating Activities105,000,0002,267,000,0002,423,000,000
Purchases Of Marketable Securities
Sales Of Marketable Securities
Acquisition Of Property Plant And Equipment695,000,000646,000,000943,000,000
Acquisition Of Business2,512,000,000031,000,000
Other Investing Activities5,000,000-55,000,000-38,000,000
Cash From Investing Activities-3,212,000,000-591,000,000-936,000,000
Tax Withholding For Share Based Compensation
Payments Of Dividends
Issuance Of Common Stock00
Repurchase Of Common Stock737,000,000153,000,000240,000,000
Issuance Of Long Term Debt3,221,000,000750,000,0000
Repayment Of Long Term Debt845,000,00001,358,000,000
Other Financing Activities-124,000,000-204,000,000-166,000,000
Cash From Financing Activities2,970,000,000-1,504,000,000-1,509,000,000
Change In Cash-137,000,000172,000,000-22,000,000
Cash At End Of Period54,000,000198,000,00026,000,000
Income Taxes Paid17,000,00094,000,000334,000,000
Interest Paid255,000,000256,000,000249,000,000
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Key Metrics
Fiscal Year202420232022
Earnings Per Share-1.570.782.57
Price To Earnings Ratio-5.987326.17956.2685
Earnings Growth Rate-301.2821-69.6498-54.3517
Price Earnings To Growth Ratio0.0199-0.3759-0.1153
Book Value Per Share14.368815.925515.4952
Price To Book Ratio0.65421.28221.0397
Ebitda214,000,0001,466,000,0002,703,000,000
Enterprise Value11,523,000,00013,353,200,00012,584,090,000
Dividend Yield
Dividend Payout Ratio
Debt To Equity Ratio1.06020.39770.5454
Capital Expenditures1,998,000,000798,000,000918,000,000
Free Cash Flow-1,893,000,0001,469,000,0001,505,000,000
Return On Equity-0.11310.05060.1714
One Year Beta1.32261.62651.5065
Three Year Beta1.48391.5471.5561
Five Year Beta1.54091.60231.5488
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Insider Transactions
Insider NameRelationship To IssuerTransaction DateAmount Of SecuritiesAcquired Or DisposedSecurities Owned Following Transaction
Bloom Ron A.Director2025-10-013,215A99,925
CRONIN JANE M.Director2025-10-013,215A51,230
Stoliar GabrielDirector2025-10-011,608A256,727
Stoliar GabrielDirector2025-10-01482D256,245
Bloom Ron A.Director2025-07-014,926A96,710
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Senate Trading
Name Of Reporting PersonType Of Reporting PersonReport DateTransaction TypeTransaction DateOwner TypeAmount
Thomas H TubervilleSenator2024-06-14Purchase2024-05-10Joint$1,001 - $15,000
Thomas H TubervilleSenator2024-06-14Purchase2024-05-10Joint$1,001 - $15,000
Thomas H TubervilleSenator2024-06-14Sale (Full)2024-05-13Joint$100,001 - $250,000
Thomas H TubervilleSenator2024-06-14Sale (Partial)2024-05-13Joint$100,001 - $250,000
Thomas H TubervilleSenator2024-06-14Purchase2024-05-10Joint$1,001 - $15,000
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House Trading
Name Of Reporting PersonReport DateStateTransaction TypeTransaction DateOwner TypeAmount
Mike Kelly2024-06-14PA16Purchase2024-03-28Spouse$50,001 - $100,000
Daniel Goldman2023-08-13NY10Sale2023-06-29$1,001 - $15,000
Daniel Goldman2023-05-19NY10Purchase2023-04-10$1,001 - $15,000
Deborah K. Ross2021-04-30NC02Purchase2021-04-27Spouse$15,001 - $50,000
Warren Davidson2021-03-25OH08Exchange2020-03-16$15,001 - $50,000
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Institutional Holdings
Investor NamePeriod Of ReportMarket ValueAmount Of SecuritiesPrice Per Security
Carnegie Investment Counsel2025-09-30380,01831,14912.2
180 WEALTH ADVISORS, LLC2025-09-301,029,57084,39112.2
Darwin Wealth Management, LLC2025-09-3032,2082,64012.2
HALBERT HARGROVE GLOBAL ADVISORS, LLC2025-09-302,34319212.2031
City State Bank2025-09-301,22010012.2
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Mutual Fund Holdings
Registrant NamePeriod Of ReportFund NameFund SymbolAmount Of UnitsValue In UsdPercentage Value Compared To Assets
TRUST FOR PROFESSIONAL MANAGERS2025-08-31Column Small Cap FundCFSLX53,464574,7380.12
TRUST FOR PROFESSIONAL MANAGERS2025-08-31Column Small Cap Select FundCFSSX316,0403,397,4300.2365
Pacer Funds Trust2025-07-31Pacer Trendpilot US Mid Cap ETFPTMC68,744723,186.880.1726
Pacer Funds Trust2025-07-31Pacer Lunt MidCap Multi-Factor Alternator ETFPAMC28,517299,998.840.4867
Direxion Shares ETF Trust2025-07-31Direxion Daily Mid Cap Bull 3X SharesMIDU8,45188,904.520.1192
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