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Cleveland-Cliffs Inc. CLF
Basic Materials - Steel - NYSE - US
Watchlist
$ 6.98
-4.77 %
$ 3.45 B
Market Cap
-2.87
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one CLF stock under the worst case scenario is HIDDEN Compared to the current market price of 6.98 USD, Cleveland-Cliffs Inc. is HIDDEN

CLF Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one CLF stock under the base case scenario is HIDDEN Compared to the current market price of 6.98 USD, Cleveland-Cliffs Inc. is HIDDEN

CLF Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one CLF stock under the best case scenario is HIDDEN Compared to the current market price of 6.98 USD, Cleveland-Cliffs Inc. is HIDDEN

CLF Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart CLF

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1M 20%
6M -34%
1Y -120%
3Y -126%
5Y 30%
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$5.0Jan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '2515 Jun15 Jun
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.
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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.
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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.
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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.
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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 45.13%
CLF Average Price Target Wall Street Target
15.7 USD 125.40%
CLF Highest Price Target Wall Street Target
23 USD 229.51%
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
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5. COMPETITION
slide 2 of 10
6. Ownership
Insider Ownership Cleveland-Cliffs Inc.
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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
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 - 1 week 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 - 1 week 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 - 2 weeks 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 - 2 weeks ago
Why Cleveland-Cliffs Stock Just Dropped Cleveland-Cliffs (CLF -8.54%) stock fell 8.5% through 2:10 p.m. ET Tuesday after Reuters reported on new trade negotiations between the U.S. and Mexico that could significantly roll back 50% tariffs on steel imports -- which had themselves been announced only last week. fool.com - 2 weeks ago
Steel Stocks Slide. Blame Trump's TACO Tuesday. Bloomberg reported Tuesday that a quota deal with Mexico would let some steel imports enter the U.S. tariff-free. barrons.com - 2 weeks ago
TACO: Tariffs Always Create Opportunity Subscribers to  Chart of the Week  received this commentary on Sunday, June 8. schaeffersresearch.com - 2 weeks ago
The Score: Tesla, Cleveland-Cliffs, Dollar General and More Stocks That Defined the Week Here are some of the major companies whose stocks moved on the week's news. wsj.com - 3 weeks ago
Why Cleveland-Cliffs Stock Soared This Week Shares of Cleveland-Cliffs (CLF 4.79%) are moving higher this week, up 28.8% from last Friday's close as of 2:00 p.m. ET. The gain comes as the S&P 500 rose 1.5% and the Nasdaq-100 increased 2.1%. fool.com - 3 weeks ago
EXCLUSIVE: Tariff Titans - Why Cleveland-Cliffs, Nucor, Steel Dynamics Could Outmuscle The Competition Steel tariffs are back with a bang, and investors are already positioning for the winners. As the U.S. slaps a prohibitive 50% tariff on imported steel and aluminum, Cleveland-Cliffs Inc CLF, Nucor Corp NUE and Steel Dynamics Inc STLD are emerging as the early champions of this protectionist pivot. benzinga.com - 3 weeks ago
Cleveland-Cliffs (CLF) Stock Sinks As Market Gains: Here's Why In the closing of the recent trading day, Cleveland-Cliffs (CLF) stood at $7.54, denoting a -0.26% change from the preceding trading day. zacks.com - 3 weeks ago
3 Stocks Poised for Growth as Trump Doubles Steel Tariffs Trump's tariff hike to 50% on steel imports could ignite gains for NUE, STLD and CLF as demand shifts to U.S. producers. zacks.com - 3 weeks ago
8. Profile Summary

Cleveland-Cliffs Inc. CLF

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COUNTRY US
INDUSTRY Steel
MARKET CAP $ 3.45 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