Inside the research
Cleveland-Cliffs Inc.
CLF Research profile · latest available data
Price overview
$12.18
▼ -0.32 (-2.6%)
| 52w hi | $16.18 |
|---|---|
| 52w lo | $7.82 |
| Vol | 9.08M |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.05
| Short | +0.28 |
|---|---|
| Medium | -0.12 |
| Long | -0.58 |
computed 2026-09-27
Key fundamentals
Cleveland-Cliffs Inc.
Basic Materials · Steel
| Market cap | $6.95B |
|---|---|
| Enterprise value | $14.82B |
| Forward P/E | 16.68x |
| EV / EBITDA | 28.77x |
| P / S (ttm) | 0.36x |
| Profit margin | -4.6% |
| Return on equity | -13.9% |
| Revenue growth | +5.9% |
| Debt / equity | 132.74 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | -0.01 | |
| Sector | -0.02 | |
| Technical | +0.12 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
Cleveland-Cliffs Inc. operates as a steel producer in the United States and Canada. It offers hot-rolled, cold-rolled, and coated products, such as aluminized, electrogalvanized, and galvalume products, as well as galvanneal and hot-dipped galvanized products; stainless and electrical products, including GOES, NOES, and auto chrome; plate products; and slab and other steel products. The company also provides non- steelmaking products comprising stamped components, tool and die, and tubing; and scrap, iron ore, HBI, coal, and coke products. It also provides tubular components, including carbon steel, stainless steel, and electric resistance welded tubing products. In addition, the company is involved in the mining of iron ore; production of pellets and direct reduced iron; and processing of ferrous scrap through primary steelmaking and downstream finishing, stamping, tooling, and tubing. It serves direct automotive, infrastructure and manufacturing, distributors and converters, and steel producers. The company was formerly known as Cliffs Natural Resources Inc. and changed its name to Cleveland-Cliffs Inc. in August 2017. Cleveland-Cliffs Inc. was founded in 1847 and is headquartered in Cleveland, Ohio.
Risk Metrics
| Beta vs SPX | 1.98 |
|---|---|
| Corr SPX | 0.45 |
| Annual vol | 71.4% |
| Annual ret | +26.9% |
| Sharpe | 0.38 |
| Max DD | -58.2% |
Window: 504 trading days (504 obs)
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-24 | Officer / Director Change | read |
| 2026-07-23 | Earnings Release, Exhibits | read |
| 2026-05-20 | Shareholder Vote | read |
| 2026-04-20 | Earnings Release, Exhibits | read |
| 2026-02-23 | Officer / Director Change | read |
| 2026-02-09 | Earnings Release, Exhibits | read |
| 2025-11-12 | Officer / Director Change | read |
| 2025-10-31 | Other Material Event, Exhibits | read |
| 2025-10-20 | Earnings Release, Exhibits | read |
| 2025-10-10 | Material Agreement, Material Obligation | read |
| 2025-10-07 | Other Material Event, Exhibits | read |
| 2025-09-08 | Material Agreement, Material Obligation | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-07-01 | CRONIN JANE M. | Grant | 4.25K | $40.00K | |
| 2026-07-01 | Bloom Ron A. | Grant | 4.25K | $40.00K | |
| 2026-06-05 | Goncalves Celso L Jr | EVP, CFO | Sell | 214.31K | $2.87M |
| 2026-04-21 | Yocum Arlene M | Grant | 15.33K | — | |
| 2026-04-21 | Oren Ben | Grant | 15.33K | — | |
| 2026-04-21 | MICHAEL RALPH S III | Grant | 15.33K | — | |
| 2026-04-21 | CRONIN JANE M. | Grant | 15.33K | — | |
| 2026-04-21 | Camara Edilson | Grant | 15.33K | — | |
| 2026-04-21 | Bloom Ron A. | Grant | 15.33K | — |
Flow & Concentration
| Insider 180d net | -$2.87M |
|---|---|
| Insider buys / sells | 0 / 1 |
| Insider bias | Sellers |
| 13F holders | 0 |
| Top-5 share | 0.0% |
| HHI | 0 (—) |
Dividends
| Yield (TTM) | 0.00% |
|---|---|
| $ / share (TTM) | $0.00 |
| 5y CAGR | — |
Annual dividend per share
| 2011 | $0.84 |
|---|---|
| 2012 | $2.16 |
| 2013 | $0.60 |
| 2014 | $0.60 |
| 2019 | $0.26 |
| 2020 | $0.12 |
SEC Filings
The Long Run
FY 2009–2025 · 17 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $18.61B | +13.8% | |
| Gross profit | $467.60M | +0.1% | |
| Operating income | -$1.58B | +23.8% | |
| Net income | -$1.48B | +5.3% | |
| Cash from ops | $2.27B | +14.7% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $12.51 | $12.56 | $12.15 | $12.18 | 9.08M |
| Sep 24 | $12.79 | $12.94 | $12.49 | $12.50 | 13.02M |
| Sep 23 | $12.38 | $12.94 | $12.38 | $12.87 | 20.08M |
| Sep 22 | $12.11 | $12.71 | $12.09 | $12.53 | 19.53M |
| Sep 21 | $12.69 | $12.76 | $12.01 | $12.07 | 16.36M |
Understand the score. Research layers are inputs to a model, and the available data has limits.
Read the methodology →