image
Cleveland-Cliffs Inc. CLF
Basic Materials - Steel - NYSE - US
Watchlist
$ 8.82
0.685 %
$ 4.36 B
Market Cap
-3.63
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jul, 6, 2025.

The intrinsic value of one CLF stock under the worst case scenario is HIDDEN Compared to the current market price of 8.82 USD, Cleveland-Cliffs Inc. is HIDDEN

CLF Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Jul, 6, 2025.

The intrinsic value of one CLF stock under the base case scenario is HIDDEN Compared to the current market price of 8.82 USD, Cleveland-Cliffs Inc. is HIDDEN

CLF Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Jul, 6, 2025.

The intrinsic value of one CLF stock under the best case scenario is HIDDEN Compared to the current market price of 8.82 USD, Cleveland-Cliffs Inc. is HIDDEN

CLF Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart CLF

image
1M 21%
6M -12%
1Y -76%
3Y -76%
5Y 55.0%
All
$13.0$13.0$12.0$12.0$11.0$11.0$10.0$10.0$9.0$9.0$8.0$8.0$7.0$7.0$6.0$6.0$5.0$5.015 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '2515 Jun15 JunJul '25Jul '25
FINANCIALS
19.2 B REVENUE
-12.78%
Growth Rates
1Year -12.78%
3Years -2.10%
5Years 57.34%
7Years 35.14%
10Years 15.29%
-756 M OPERATING INCOME
-111.67%
Growth Rates
1Year -111.67%
3Years -5.92%
5Years -22.52%
7Years -15.56%
10Years 22.30%
-708 M NET INCOME
-157.33%
Growth Rates
1Year -157.33%
3Years -7.24%
5Years -27.87%
7Years -16.48%
10Years 21.80%
105 M OPERATING CASH FLOW
-95.37%
Growth Rates
1Year -95.37%
3Years -66.47%
5Years -28.52%
7Years -15.38%
10Years -11.57%
-3.21 B INVESTING CASH FLOW
-443.49%
Growth Rates
1Year -443.49%
3Years -32.56%
5Years -37.89%
7Years -53.49%
10Years -40.97%
2.97 B FINANCING CASH FLOW
297.47%
Growth Rates
1Year 297.47%
3Years 59.01%
5Years 56.99%
7Years 29.03%
10Years 28.53%
4.63 B REVENUE
7.03%
Growth Rates
1Year -12.78%
3Years -2.10%
5Years 57.34%
7Years 35.14%
10Years 15.29%
-538 M OPERATING INCOME
-15.70%
Growth Rates
1Year -111.67%
3Years -5.92%
5Years -22.52%
7Years -15.56%
10Years 22.30%
-483 M NET INCOME
-11.29%
Growth Rates
1Year -157.33%
3Years -7.24%
5Years -27.87%
7Years -16.48%
10Years 21.80%
-351 M OPERATING CASH FLOW
25.64%
Growth Rates
1Year -95.37%
3Years -66.47%
5Years -28.52%
7Years -15.38%
10Years -11.57%
-145 M INVESTING CASH FLOW
94.70%
Growth Rates
1Year -443.49%
3Years -32.56%
5Years -37.89%
7Years -53.49%
10Years -40.97%
499 M FINANCING CASH FLOW
-84.55%
Growth Rates
1Year 297.47%
3Years 59.01%
5Years 56.99%
7Years 29.03%
10Years 28.53%
Balance Sheet Cleveland-Cliffs Inc.
image
Current Assets 6.91 B
Cash & Short-Term Investments 54 M
Receivables 1.58 B
Other Current Assets 5.28 B
Non-Current Assets 14 B
Long-Term Investments 0
PP&E 8.49 B
Other Non-Current Assets 5.55 B
7.52 %25.19 %40.54 %26.49 %Total Assets$20.9b
Current Liabilities 3.32 B
Accounts Payable 2.01 B
Short-Term Debt 0
Other Current Liabilities 1.31 B
Non-Current Liabilities 10.7 B
Long-Term Debt 7.06 B
Other Non-Current Liabilities 3.66 B
14.29 %9.35 %50.28 %26.07 %Total Liabilities$14.1b
EFFICIENCY
Earnings Waterfall Cleveland-Cliffs Inc.
image
Revenue 19.2 B
Cost Of Revenue 19.1 B
Gross Profit 70 M
Operating Expenses 826 M
Operating Income -756 M
Other Expenses -48 M
Net Income -708 M
20b20b18b18b16b16b14b14b12b12b10b10b8b8b6b6b4b4b2b2b00(2b)(2b)19b(19b)70m(826m)(756m)48m(708m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
0.36% GROSS MARGIN
0.36%
Averages
1Year 0.36%
3Years 5.88%
5Years 8.91%
7Years 15.45%
10Years 16.02%
-3.94% OPERATING MARGIN
-3.94%
Averages
1Year -3.94%
3Years 2.52%
5Years 5.46%
7Years 11.10%
10Years 11.52%
-3.93% NET MARGIN
-3.93%
Averages
1Year -3.93%
3Years 1.23%
5Years 3.35%
7Years 11.41%
10Years 6.70%
-11.31% ROE
-11.31%
Averages
1Year -11.31%
3Years 3.45%
5Years 11.61%
7Years 57.97%
10Years 34.58%
-3.60% ROA
-3.60%
Averages
1Year -3.60%
3Years 1.93%
5Years 4.21%
7Years 8.77%
10Years 4.80%
-3.22% ROIC
-3.22%
Averages
1Year -3.22%
3Years 3.38%
5Years 6.18%
7Years 12.07%
10Years 15.45%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Cleveland-Cliffs Inc.
image
3b3b2b2b2b2b1b1b500m500m00(500m)(500m)(1b)(1b)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income -708 M
Depreciation & Amortization 951 M
Capital Expenditures -695 M
Stock-Based Compensation 0
Change in Working Capital -22 M
Others 1.06 B
Free Cash Flow -590 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Cleveland-Cliffs Inc.
image
Wall Street analysts predict an average 1-year price target for CLF of $15.7 , with forecasts ranging from a low of $10.1 to a high of $23 .
CLF Lowest Price Target Wall Street Target
10.1 USD 14.85%
CLF Average Price Target Wall Street Target
15.7 USD 78.38%
CLF Highest Price Target Wall Street Target
23 USD 160.77%
Price
Max Price Target
Min Price Target
Average Price Target
24242222202018181616141412121010886644Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '26Jul '26Jul '26
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0.06 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
0.250.250.200.200.150.150.100.100.050.050.000.000.050.060.050.060.060.060.220.122019201920202020
Download SVG
Download PNG
Download CSV
5. COMPETITION
slide 2 of 7
6. Ownership
Insider Ownership Cleveland-Cliffs Inc.
image
Sold
0-3 MONTHS
822 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
18.3 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
243 K USD 3
3-6 MONTHS
0 USD 0
6-9 MONTHS
116 K USD 1
9-12 MONTHS
7. News
3 Top Stocks Under $20 Riding the “Made in America” Wave For years, “Made in America” has been a slogan that many investors and consumers viewed as having more style than substance. Consumers have said they want to buy from American companies, but many of those American companies source their products from other countries. marketbeat.com - 2 weeks ago
Here is What to Know Beyond Why Cleveland-Cliffs Inc. (CLF) is a Trending Stock Recently, Zacks.com users have been paying close attention to Cleveland-Cliffs (CLF). This makes it worthwhile to examine what the stock has in store. zacks.com - 2 weeks ago
Why Cleveland-Cliffs Stock Was a Massive Winner in June June was a banner month for American steel producer Cleveland-Cliffs (CLF 7.88%). It received much investor attention after President Trump signed an executive order doubling tariffs on steel coming into this country, a move that will directly and clearly benefit Cleveland-Cliffs if it holds. fool.com - 2 weeks ago
Cleveland-Cliffs Holding Ribbon Cutting Ceremony for New $150 Million Stainless Bright Annealing Line at Coshocton Works in Ohio CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today announced that they will be live streaming the ribbon cutting event from its Coshocton Works facility tomorrow, Wednesday, July 2, at 11:00 AM ET. At the event, Cleveland-Cliffs Chairman and CEO Lourenco Goncalves will be hosting Ohio Governor Mike DeWine along with other distinguished guests, Cleveland-Cliffs' executives, employees, and key customers. Live Broadcast Details: This is an invitation-only, in-person event. The liv. businesswire.com - 2 weeks ago
Cleveland-Cliffs Sets The Stage For A Turnaround Few Expect Cleveland-Cliffs is transforming from a struggling steelmaker to a focused, cost-cutting auto steel leader, with major operational improvements underway. Aggressive cost reductions, facility closures, and a renewed focus on automotive steel position Cliffs for a sharp EBITDA rebound as tariffs boost domestic demand. The expiration of a loss-making slab contract and rising steel prices are set to drive free cash flow, and margin recovery in late 2025 and 2026. seekingalpha.com - 3 weeks ago
Top Steel Picks for the Coming Infrastructure Boom Markets are always looking ahead. So, it was no surprise that steel stocks charged higher in 2021 and 2022 as Congress passed the Infrastructure Investment and Jobs Act (IIJA) in 2021. marketbeat.com - 3 weeks ago
Cleveland-Cliffs Commissions $150M Anneal Line at Coshocton Works CLF unveils a $150M stainless steel anneal line at Coshocton Works, boosting quality with hydrogen tech. zacks.com - 3 weeks ago
Cleveland-Cliffs to Announce Second-Quarter 2025 Results and Host Conference Call on July 21 CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) will announce its second-quarter 2025 earnings results before the U.S. market open on Monday, July 21, 2025. The Company invites interested parties to listen to a live broadcast of a conference call with securities analysts and institutional investors to discuss the results on the same morning, July 21, 2025, at 8:30 am ET. The call can be accessed at www.clevelandcliffs.com and will also be archived and available for replay at that. businesswire.com - 3 weeks ago
Cleveland-Cliffs Celebrates the Start-Up of New $150 Million Stainless Bright Anneal Line at Coshocton Works in Ohio CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today announced the commissioning of its new state-of-the-art Vertical Stainless Bright Anneal Line at its Coshocton Works facility in Coshocton, Ohio. This $150 million capital investment has been completed and will supply premium stainless steel for high-end automotive and critical appliance applications. The new annealing line uses a 100% hydrogen atmosphere, replacing the conventional acid-based processing, and includes a hydroge. businesswire.com - 3 weeks ago
Why Cleveland-Cliffs (CLF) Dipped More Than Broader Market Today Cleveland-Cliffs (CLF) concluded the recent trading session at $7.33, signifying a -4.43% move from its prior day's close. zacks.com - 4 weeks ago
3 Steel Stocks To Get You Through The Market's Troubles The S&P Steel Index is gaining in 2025, buoyed by a combination of tariff leverage, robust balance sheets, and strong returns on capital. benzinga.com - 1 month ago
Cleveland-Cliffs (CLF) Registers a Bigger Fall Than the Market: Important Facts to Note In the latest trading session, Cleveland-Cliffs (CLF) closed at $7.37, marking a -8.1% move from the previous day. zacks.com - 1 month ago
8. Profile Summary

Cleveland-Cliffs Inc. CLF

image
COUNTRY US
INDUSTRY Steel
MARKET CAP $ 4.36 B
Dividend Yield 0.00%
Description Cleveland-Cliffs Inc. operates as a flat-rolled steel producer in North America. The company offers carbon steel products, such as hot-rolled, cold-rolled, electrogalvanized, hot-dip galvanized, hot-dip galvannealed, aluminized, enameling, and advanced high-strength steel products; stainless steel products; plates; and grain oriented and non-oriented electrical steel products. It also provides tubular components, including carbon steel, stainless steel, and electric resistance welded tubing. In addition, the company offers tinplate products, such as electrolytic tin coated and chrome coated sheet, and tin mill products; tooling and sampling; raw materials; ingots, rolled blooms, and cast blooms; and hot-briquetted iron products. Further, it owns five iron ore mines in Minnesota and Michigan. The company serves automotive, infrastructure and manufacturing, distributors and converters, and steel producers. Cleveland-Cliffs Inc. was formerly known as Cliffs Natural Resources Inc. and changed its name to Cleveland-Cliffs Inc. in August 2017. The company was founded in 1847 and is headquartered in Cleveland, Ohio.
Contact 200 Public Square, Cleveland, OH, 44114-2315 https://www.clevelandcliffs.com
IPO Date Nov. 5, 1987
Employees 30000
Officers Mr. Robert H. Fischer Executive Vice President of Human Resources & Labor Relations Mr. C. Lourenco Goncalves Chairman, President & Chief Executive Officer Mr. James D. Graham J.D. Executive Vice President, Chief Legal & Administrative Officer and Secretary Mr. Keith A. Koci CPA Executive Vice President & President of Cleveland-Cliffs Services Mr. Paul Finan Executive Vice President of Strategic Development Mr. Clifford T. Smith Executive Vice President & Chief Operating Officer Ms. Patricia Persico Senior Director of Corporate Communications Mr. Celso L. Goncalves Jr. Executive Vice President & Chief Financial Officer Ms. Kimberly A. Floriani Senior Vice President, Corporate Controller & Chief Accounting Officer Mr. Terry G. Fedor Executive Vice President of Operations