$9.25
+3.01%
N/A+$0.27
Basic Materials
Steel
NYSE
Active Trading
Cleveland-Cliffs Inc. stands as a prominent North American manufacturer specializing in flat-rolled steel. The company's diverse product portfolio encompasses a wide array ...
Financial highlights
Latest / TTM · 6 periods
Snapshot
Latest / TTM: 2026-07-22
Gross Margin
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Net Margin
—
P/E Ratio
—
Debt / Equity
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Profitability
Profitability table
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Gross MarginGross profit as a percentage of revenue. | 22.2% | 11.0% | 6.3% | 0.4% | -4.1% | — |
| Operating MarginOperating income as a percentage of revenue. | 19.6% | 8.4% | 3.1% | -3.9% | -7.3% | — |
| Net MarginNet income as a percentage of revenue. | 14.6% | 5.8% | 1.8% | -3.9% | -7.9% | — |
| EBITDA MarginEBITDA divided by revenue. | 24.7% | 13.5% | 8.5% | 2.0% | -0.5% | — |
| Pre-tax MarginPre-tax profit as a percentage of revenue. | 18.6% | 7.8% | 2.7% | -4.9% | -10.8% | — |
Liquidity & leverage
Liquidity & leverage table
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Current RatioCurrent assets divided by current liabilities. | 2.15 | 2.09 | 1.89 | 2.08 | 1.95 | — |
| Quick RatioLiquid assets divided by current liabilities. | 0.69 | 0.65 | 0.62 | 0.55 | 0.50 | — |
| Cash RatioCash and equivalents divided by current liabilities. | 0.01 | 0.01 | 0.06 | 0.02 | 0.02 | — |
| Debt / AssetsDebt as a share of total assets. | 30.6% | 25.1% | 20.5% | 37.1% | 40.8% | — |
| Debt / EquityDebt compared with shareholder equity. | 1.06 | 0.60 | 0.46 | 1.17 | 1.34 | — |
Operating efficiency
Operating efficiency table
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Receivables TurnoverHow often receivables are collected in a year. | 9.49x | 11.73x | 11.95x | 12.17x | 12.91x | — |
| Inventory TurnoverHow often inventory is sold in a year. | 3.07x | 3.99x | 4.62x | 3.75x | 4.06x | — |
| Payables TurnoverHow often payables are paid in a year. | 7.67x | 9.36x | 9.82x | 9.52x | 10.23x | — |
| Asset TurnoverRevenue generated per dollar of assets. | 1.08x | 1.23x | 1.25x | 0.92x | 0.93x | — |
| Working Capital TurnoverRevenue generated per dollar of working capital. | 6.33x | 5.77x | 6.28x | 5.72x | 5.54x | — |
Valuation ratios
Valuation ratios table
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| P/E RatioPrice paid for each dollar of earnings. | 3.87x | 6.27x | 26.18x | -5.99x | -4.43x | — |
| P/B RatioPrice paid for each dollar of book value. | 2.21x | 1.07x | 1.32x | 0.68x | 1.07x | — |
| P/S RatioPrice paid for each dollar of sales. | 0.59x | 0.36x | 0.47x | 0.24x | 0.35x | — |
| P/FCF RatioPrice paid for each dollar of free cash flow. | 5.85x | 5.65x | 6.56x | -7.65x | -6.39x | — |
| Dividend YieldAnnual dividend divided by current share price. | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |