What is Cleveland-Cliffs Inc's earnings per share (EPS)?

Cleveland-Cliffs Inc (CLF) reported diluted earnings per share of $-2.91 for fiscal year 2025. This represents a -84.2% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Cleveland-Cliffs Inc Financials

CLF

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Cleveland-Cliffs Inc (CLF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 19 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 26/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

Cleveland-Cliffs Inc has an operating margin of -8.5%, meaning the company retains $-8 of operating profit per $100 of revenue. This below-average margin results in a low score of 3/100, suggesting thin profitability after operating expenses. This is down from -4.0% the prior year.

Growth

Cleveland-Cliffs Inc's revenue declined 3% year-over-year, from $19.2B to $18.6B. This contraction results in a growth score of 28/100.

Leverage

Cleveland-Cliffs Inc carries a low D/E ratio of 1.19, meaning only $1.19 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 78/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Cleveland-Cliffs Inc's current ratio of 1.95 indicates adequate short-term liquidity, earning a score of 35/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

While Cleveland-Cliffs Inc generated -$462.0M in operating cash flow, capex of $561.0M consumed most of it, leaving -$1.0B in free cash flow. This results in a low score of 11/100, reflecting heavy capital investment rather than weak cash generation.

Returns

Cleveland-Cliffs Inc generates a -24.2% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from -11.5% the prior year.

Piotroski F-Score Weak

2/9

Cleveland-Cliffs Inc passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.

Earnings Quality Low Quality

0.31x

For every $1 of reported earnings, Cleveland-Cliffs Inc generates $0.31 in operating cash flow (-$462.0M OCF vs -$1.5B net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Earnings & Revenue

Revenue

$18.6B

YoY-3.0%

5Y CAGR+28.3%

10Y CAGR+24.9%

Cleveland-Cliffs Inc generated $18.6B in revenue in fiscal year 2025. This represents a decrease of 3.0% from the prior year.

EBITDA

-$344.0M

YoY-283.0%

Cleveland-Cliffs Inc's EBITDA was -$344.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 283.0% from the prior year.

Net Income

-$1.5B

YoY-94.5%

Cleveland-Cliffs Inc reported -$1.5B in net income in fiscal year 2025. This represents a decrease of 94.5% from the prior year.

EPS (Diluted)

$-2.91

YoY-84.2%

Cleveland-Cliffs Inc earned $-2.91 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 84.2% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$1.0B

YoY-73.4%

Cleveland-Cliffs Inc generated -$1.0B in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 73.4% from the prior year.

Cash & Debt

$57.0M

YoY+5.6%

5Y CAGR-12.6%

10Y CAGR-14.9%

Cleveland-Cliffs Inc held $57.0M in cash against $7.3B in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

570M

YoY+15.5%

5Y CAGR+3.6%

10Y CAGR+14.0%

Cleveland-Cliffs Inc had 570M shares outstanding in fiscal year 2025. This represents an increase of 15.5% from the prior year.

Margins & Returns

Gross Margin

-4.6%

YoY-4.9pp

5Y CAGR-9.3pp

10Y CAGR-16.4pp

Cleveland-Cliffs Inc's gross margin was -4.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 4.9 percentage points from the prior year.

Operating Margin

-8.5%

YoY-4.5pp

5Y CAGR-5.8pp

10Y CAGR-16.0pp

Cleveland-Cliffs Inc's operating margin was -8.5% in fiscal year 2025, reflecting core business profitability. This is down 4.5 percentage points from the prior year.

Net Margin

-7.9%

YoY-4.0pp

5Y CAGR-5.7pp

10Y CAGR+29.3pp

Cleveland-Cliffs Inc's net profit margin was -7.9% in fiscal year 2025, showing the share of revenue converted to profit. This is down 4.0 percentage points from the prior year.

Return on Equity

-24.2%

YoY-12.7pp

5Y CAGR-18.1pp

Cleveland-Cliffs Inc's ROE was -24.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 12.7 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

YoY-100.0%

Cleveland-Cliffs Inc spent $0 on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 100.0% from the prior year.

Capital Expenditures

$561.0M

YoY-19.3%

5Y CAGR+1.3%

10Y CAGR+21.4%

Cleveland-Cliffs Inc invested $561.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 19.3% from the prior year.

CLF Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$18.6B-3.0%	$19.2B-12.8%	$22.0B-4.3%	$23.0B+12.4%	$20.4B+281.8%	$5.4B
Cost of Revenue	$19.5B+1.8%	$19.1B-7.3%	$20.6B+0.7%	$20.5B+28.7%	$15.9B+211.8%	$5.1B
Gross Profit	-$860.0M-1465.1%	$63.0M-95.4%	$1.4B-45.5%	$2.5B-44.5%	$4.5B+1699.2%	$252.0M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$543.0M+11.7%	$486.0M-15.8%	$577.0M+24.1%	$465.0M+10.2%	$422.0M+73.0%	$244.0M
Operating Income	-$1.6B-106.9%	-$763.0M-215.8%	$659.0M-66.0%	$1.9B-51.7%	$4.0B+2925.4%	-$142.0M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	-$581.0M-146.2%	-$236.0M-263.9%	$144.0M-66.0%	$423.0M-45.3%	$773.0M+796.4%	-$111.0M
Net Income	-$1.5B-94.5%	-$760.0M-297.4%	$385.0M-71.2%	$1.3B-55.3%	$3.0B+2549.2%	-$122.0M
EPS (Diluted)	$-2.91-84.2%	$-1.58-310.7%	$0.75-70.6%	$2.55-52.4%	$5.36+1775.0%	$-0.32

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	$4.3B-8.9%	$4.7B-4.1%	$4.9B+6.6%	$4.6B+7.0%	$4.3B-5.3%	$4.6B-10.3%	$5.1B-2.1%	$5.2B
Cost of Revenue	$4.5B-5.3%	$4.8B-7.1%	$5.1B+2.5%	$5.0B+9.1%	$4.6B-1.5%	$4.7B-5.2%	$4.9B+0.3%	$4.9B
Gross Profit	-$214.0M-365.2%	-$46.0M+78.0%	-$209.0M+46.5%	-$391.0M-40.6%	-$278.0M-162.3%	-$106.0M-165.4%	$162.0M-43.2%	$285.0M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$143.0M+10.0%	$130.0M-5.1%	$137.0M+3.0%	$133.0M-4.3%	$139.0M+24.1%	$112.0M+8.7%	$103.0M-22.0%	$132.0M
Operating Income	-$339.0M-66.2%	-$204.0M+59.0%	-$498.0M+7.4%	-$538.0M-14.5%	-$470.0M-80.1%	-$261.0M-4450.0%	$6.0M+115.8%	-$38.0M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	-$208.0M-166.7%	-$78.0M+47.3%	-$148.0M-0.7%	-$147.0M-7.3%	-$137.0M-80.3%	-$76.0M-406.7%	-$15.0M-87.5%	-$8.0M
Net Income	-$274.0M-9.2%	-$251.0M+46.6%	-$470.0M+2.7%	-$483.0M-7.1%	-$451.0M-84.8%	-$244.0M-12300.0%	$2.0M+103.0%	-$67.0M
EPS (Diluted)	N/A	$-0.51+47.4%	$-0.97+3.0%	$-1.00	N/A	$-0.52	$0.00+100.0%	$-0.14

CLF Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$20.0B-4.5%	$20.9B+19.4%	$17.5B-6.5%	$18.8B-1.2%	$19.0B+13.1%	$16.8B
Current Assets	$6.4B-6.8%	$6.9B+4.1%	$6.6B-10.6%	$7.4B-3.0%	$7.7B+44.5%	$5.3B
Cash & Equivalents	$57.0M+5.6%	$54.0M-72.7%	$198.0M+661.5%	$26.0M-45.8%	$48.0M-57.1%	$112.0M
Inventory	$4.8B-6.3%	$5.1B+14.2%	$4.5B-13.1%	$5.1B-1.1%	$5.2B+35.5%	$3.8B
Accounts Receivable	$1.4B-8.5%	$1.6B-14.3%	$1.8B-6.1%	$2.0B-9.0%	$2.2B+84.3%	$1.2B
Goodwill	$1.8B+2.6%	$1.8B+75.9%	$1.0B-11.1%	$1.1B+1.3%	$1.1B-20.6%	$1.4B
Total Liabilities	$13.7B-2.8%	$14.1B+49.5%	$9.4B-12.1%	$10.7B-18.8%	$13.2B-3.6%	$13.7B
Current Liabilities	$3.3B-1.8%	$3.4B-4.2%	$3.5B-1.2%	$3.5B-0.3%	$3.6B+21.6%	$2.9B
Long-Term Debt	$7.3B+2.7%	$7.1B+125.2%	$3.1B-26.2%	$4.2B-18.9%	$5.2B-2.8%	$5.4B
Total Equity	$6.1B-7.8%	$6.6B-15.9%	$7.9B+1.2%	$7.8B+41.9%	$5.5B+172.1%	$2.0B
Retained Earnings	-$529.0M-155.7%	$949.0M-45.2%	$1.7B+29.9%	$1.3B+133500.0%	-$1.0M+100.0%	-$3.0B

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$20.0B-1.4%	$20.3B-0.9%	$20.5B-1.8%	$20.8B-0.5%	$20.9B+24.7%	$16.8B-0.8%	$16.9B-1.8%	$17.2B
Current Assets	$6.4B-3.8%	$6.7B0.0%	$6.7B-4.0%	$7.0B+0.8%	$6.9B+14.6%	$6.0B-2.7%	$6.2B-4.3%	$6.5B
Cash & Equivalents	$57.0M-13.6%	$66.0M+8.2%	$61.0M+7.0%	$57.0M+5.6%	$54.0M+38.5%	$39.0M-64.5%	$110.0M+266.7%	$30.0M
Inventory	$4.8B+1.9%	$4.7B-0.3%	$4.7B-3.8%	$4.9B-4.1%	$5.1B+20.3%	$4.2B+0.9%	$4.2B-5.6%	$4.4B
Accounts Receivable	$1.4B-19.8%	$1.8B+0.8%	$1.8B-0.8%	$1.8B+14.1%	$1.6B-0.4%	$1.6B-10.7%	$1.8B-5.1%	$1.9B
Goodwill	$1.8B+1.0%	$1.8B-1.0%	$1.8B+2.7%	$1.8B-0.1%	$1.8B+75.9%	$1.0B0.0%	$1.0B0.0%	$1.0B
Total Liabilities	$13.7B-6.1%	$14.6B+1.1%	$14.4B+0.5%	$14.4B+1.9%	$14.1B+45.1%	$9.7B+1.5%	$9.6B-2.4%	$9.8B
Current Liabilities	$3.3B+0.7%	$3.3B+0.1%	$3.3B+0.3%	$3.3B-2.8%	$3.4B+3.3%	$3.3B-1.9%	$3.3B-2.3%	$3.4B
Long-Term Debt	$7.3B-9.8%	$8.0B+4.0%	$7.7B+1.7%	$7.6B+7.6%	$7.1B+87.2%	$3.8B+7.6%	$3.5B-4.3%	$3.7B
Total Equity	$6.1B+11.9%	$5.5B-6.1%	$5.8B-7.0%	$6.3B-5.7%	$6.6B-3.2%	$6.9B-3.6%	$7.1B-1.3%	$7.2B
Retained Earnings	-$529.0M-85.0%	-$286.0M-28700.0%	$1.0M-99.8%	$484.0M-49.0%	$949.0M-33.5%	$1.4B-14.5%	$1.7B+0.1%	$1.7B

CLF Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$462.0M-540.0%	$105.0M-95.4%	$2.3B-6.4%	$2.4B-13.0%	$2.8B+1179.5%	-$258.0M
Capital Expenditures	$561.0M-19.3%	$695.0M+7.6%	$646.0M-31.5%	$943.0M+33.8%	$705.0M+34.3%	$525.0M
Free Cash Flow	-$1.0B-73.4%	-$590.0M-136.4%	$1.6B+9.5%	$1.5B-28.8%	$2.1B+365.6%	-$783.0M
Investing Cash Flow	-$479.0M+85.1%	-$3.2B-443.5%	-$591.0M+36.9%	-$936.0M+32.1%	-$1.4B+32.5%	-$2.0B
Financing Cash Flow	$942.0M-68.3%	$3.0B+297.5%	-$1.5B+0.3%	-$1.5B-2.7%	-$1.5B-171.4%	$2.1B
Dividends Paid	N/A	N/A	N/A	N/A	N/A	$41.0M
Share Buybacks	$0-100.0%	$733.0M+382.2%	$152.0M-36.7%	$240.0M	$0	$0

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	-$13.0M+90.9%	-$143.0M-417.8%	$45.0M+112.8%	-$351.0M+25.6%	-$472.0M-461.9%	-$84.0M-116.2%	$519.0M+265.5%	$142.0M
Capital Expenditures	$140.0M-10.8%	$157.0M+40.2%	$112.0M-26.3%	$152.0M-25.9%	$205.0M+35.8%	$151.0M-3.8%	$157.0M-13.7%	$182.0M
Free Cash Flow	-$153.0M+49.0%	-$300.0M-347.8%	-$67.0M+86.7%	-$503.0M+25.7%	-$677.0M-188.1%	-$235.0M-164.9%	$362.0M+1005.0%	-$40.0M
Investing Cash Flow	-$85.0M+38.4%	-$138.0M-24.3%	-$111.0M+23.4%	-$145.0M+94.7%	-$2.7B-1773.3%	-$146.0M+3.9%	-$152.0M+15.1%	-$179.0M
Financing Cash Flow	$89.0M-68.9%	$286.0M+320.6%	$68.0M-86.4%	$499.0M-84.5%	$3.2B+1930.8%	$159.0M+155.4%	-$287.0M-119.1%	-$131.0M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$0	$0	$0	$0	$0	$0-100.0%	$125.0M-79.4%	$608.0M

CLF Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	-4.6%-4.9pp	0.3%-5.9pp	6.2%-4.7pp	10.9%-11.2pp	22.2%+17.5pp	4.7%
Operating Margin	-8.5%-4.5pp	-4.0%-7.0pp	3.0%-5.4pp	8.4%-11.2pp	19.6%+22.3pp	-2.6%
Net Margin	-7.9%-4.0pp	-4.0%-5.7pp	1.8%-4.1pp	5.8%-8.8pp	14.6%+16.9pp	-2.3%
Return on Equity	-24.2%-12.7pp	-11.5%-16.3pp	4.9%-12.3pp	17.1%-37.3pp	54.4%+60.5pp	-6.0%
Return on Assets	-7.4%-3.8pp	-3.6%-5.8pp	2.2%-4.9pp	7.1%-8.6pp	15.8%+16.5pp	-0.7%
Current Ratio	1.95-0.1	2.06+0.2	1.89-0.2	2.09-0.1	2.15+0.3	1.81
Debt-to-Equity	1.19+0.1	1.06+0.7	0.40-0.1	0.55-0.4	0.95-1.7	2.67
FCF Margin	-5.5%-2.4pp	-3.1%-10.5pp	7.4%+0.9pp	6.4%-3.7pp	10.2%+24.8pp	-14.6%

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	-5.0%-4.0pp	-1.0%+3.3pp	-4.2%+4.2pp	-8.5%-2.0pp	-6.4%-4.1pp	-2.3%-5.5pp	3.2%-2.3pp	5.5%
Operating Margin	-7.9%-3.6pp	-4.3%+5.8pp	-10.1%+1.5pp	-11.6%-0.7pp	-10.9%-5.2pp	-5.7%-5.8pp	0.1%+0.9pp	-0.7%
Net Margin	-6.3%-1.1pp	-5.3%+4.2pp	-9.5%+0.9pp	-10.4%0.0pp	-10.4%-5.1pp	-5.3%-5.4pp	0.0%+1.3pp	-1.3%
Return on Equity	-4.5%+0.1pp	-4.6%+3.5pp	-8.1%-0.4pp	-7.7%-0.9pp	-6.8%-3.2pp	-3.6%-3.6pp	0.0%+1.0pp	-0.9%
Return on Assets	-1.4%-0.1pp	-1.2%+1.1pp	-2.3%+0.0pp	-2.3%-0.2pp	-2.1%-0.7pp	-1.5%-1.5pp	0.0%+0.4pp	-0.4%
Current Ratio	1.95-0.1	2.040.0	2.04-0.1	2.13+0.1	2.06+0.2	1.85-0.0	1.87-0.0	1.90
Debt-to-Equity	1.19-0.3	1.47+0.1	1.33+0.1	1.22+0.2	1.06+0.5	0.55+0.1	0.49-0.0	0.51
FCF Margin	-3.5%+2.8pp	-6.3%-5.0pp	-1.4%+9.5pp	-10.9%+4.8pp	-15.7%-10.5pp	-5.1%-12.3pp	7.1%+7.9pp	-0.8%

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Frequently Asked Questions

What is Cleveland-Cliffs Inc's annual revenue?

Cleveland-Cliffs Inc (CLF) reported $18.6B in total revenue for fiscal year 2025. This represents a -3.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Cleveland-Cliffs Inc's revenue growing?

Cleveland-Cliffs Inc (CLF) revenue declined by 3% year-over-year, from $19.2B to $18.6B in fiscal year 2025.

Is Cleveland-Cliffs Inc profitable?

No, Cleveland-Cliffs Inc (CLF) reported a net income of -$1.5B in fiscal year 2025, with a net profit margin of -7.9%.

What is Cleveland-Cliffs Inc's EBITDA?

Cleveland-Cliffs Inc (CLF) had EBITDA of -$344.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Cleveland-Cliffs Inc have?

As of fiscal year 2025, Cleveland-Cliffs Inc (CLF) had $57.0M in cash and equivalents against $7.3B in long-term debt.

What is Cleveland-Cliffs Inc's gross margin?

Cleveland-Cliffs Inc (CLF) had a gross margin of -4.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Cleveland-Cliffs Inc's operating margin?

Cleveland-Cliffs Inc (CLF) had an operating margin of -8.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Cleveland-Cliffs Inc's net profit margin?

Cleveland-Cliffs Inc (CLF) had a net profit margin of -7.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Cleveland-Cliffs Inc's return on equity (ROE)?

Cleveland-Cliffs Inc (CLF) has a return on equity of -24.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Cleveland-Cliffs Inc's free cash flow?

Cleveland-Cliffs Inc (CLF) generated -$1.0B in free cash flow during fiscal year 2025. This represents a -73.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Cleveland-Cliffs Inc's operating cash flow?

Cleveland-Cliffs Inc (CLF) generated -$462.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Cleveland-Cliffs Inc's total assets?

Cleveland-Cliffs Inc (CLF) had $20.0B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Cleveland-Cliffs Inc's capital expenditures?

Cleveland-Cliffs Inc (CLF) invested $561.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Cleveland-Cliffs Inc have outstanding?

Cleveland-Cliffs Inc (CLF) had 570M shares outstanding as of fiscal year 2025.

What is Cleveland-Cliffs Inc's current ratio?

Cleveland-Cliffs Inc (CLF) had a current ratio of 1.95 as of fiscal year 2025, which is generally considered healthy.

What is Cleveland-Cliffs Inc's debt-to-equity ratio?

Cleveland-Cliffs Inc (CLF) had a debt-to-equity ratio of 1.19 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Cleveland-Cliffs Inc's return on assets (ROA)?

Cleveland-Cliffs Inc (CLF) had a return on assets of -7.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Cleveland-Cliffs Inc's cash runway?

Based on fiscal year 2025 data, Cleveland-Cliffs Inc (CLF) had $57.0M in cash against an annual operating cash burn of $462.0M. This gives an estimated cash runway of approximately 1 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

What is Cleveland-Cliffs Inc's Piotroski F-Score?

Cleveland-Cliffs Inc (CLF) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Cleveland-Cliffs Inc's earnings high quality?

Cleveland-Cliffs Inc (CLF) has an earnings quality ratio of 0.31x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Cleveland-Cliffs Inc?

Cleveland-Cliffs Inc (CLF) scores 26 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.