CLF · NYSE · Steel

Cleveland-Cliffs (CLF)

Turns ore, metallics and scrap into automotive-focused flat-rolled steel.

$12.57
After hours+0.03 (+0.28%)
At close$12.54(+3.85%)

In millions of USD, except per-share figures

In millionsQ3 FY23Sep 2023Q4 FY23Dec 2023Q1 FY24Mar 2024Q2 FY24Jun 2024Q3 FY24Sep 2024Q4 FY24Dec 2024Q1 FY25Mar 2025Q2 FY25Jun 2025Q3 FY25Sep 2025Q4 FY25Dec 2025Q1 FY26Mar 2026Q2 FY26Jun 2026
Revenue5,6055,1125,1995,0924,5694,3254,6294,9344,7344,3134,9225,226
Cost of revenue5,1254,9444,9144,9304,6734,5985,0205,1434,7804,5045,0045,031
Gross profit480168285162−104−273−391−209−46−191−82195
155268323156155192147289130131125181
Selling, general & administrative144157132103112139133137130144125154
Other expenses11111191534353141520−13027
Operating income325−100−386−259−465−538−498−176−322−20714
−22−8−23−12−47−105−92−120−133−117−100−166
Interest expense70636469102135140149153152148156
Other non-operating income−48−55−41−57−55−30−48−29−20−35−48−53
Income before tax303−108−61−6−306−570−630−618−309−439−307−152
Income tax expense2930−8−15−76−136−147−148−78−206−81−20
Net income from continuing operations274−138−539−230−434−483−470−231−233−226−132
Discontinued operations1−1000000−3−2−3−2
Net income264−155−672−242−447−495−483−251−243−237−145
EPS, basic$0.52−$0.31−$0.14$0.00−$0.52−$0.92−$1.00−$0.97−$0.51−$0.49−$0.42−$0.25
EPS, diluted$0.52−$0.31−$0.14$0.00−$0.52−$0.92−$1.00−$0.97−$0.51−$0.49−$0.42−$0.25
Weighted average shares, basic508505492473468486495498492492564571
Weighted average shares, diluted509505492474468486495498492492564571
EBITDA62219023329131−177−208−7613261100329
Depreciation & amortization249235230228235258282393288348259262
EBIT373−45363−204−435−490−469−156−287−15967