Equities

Cleveland-Cliffs Inc

Cleveland-Cliffs Inc

Actions
Basic MaterialsIndustrial Metals and Mining
  • Price (USD)11.99
  • Today's Change-0.535 / -4.27%
  • Shares traded9.76m
  • 1 Year change-27.58%
  • Beta1.9252
Data delayed at least 15 minutes, as of Nov 12 2024 18:55 GMT.
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About the company

Cleveland-Cliffs Inc. is a flat-rolled steel producer and engaged in manufacturing iron ore pellets in North America. The Company is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling, and tubing. It offers advanced high-strength steels (AHSS), hot-dipped galvanized, aluminized, galvalume, electrogalvanized, galvanneal, hot-rolled coil (HRC), cold-rolled coil, plate, tinplate, grain oriented electrical steel (GOES), non-oriented electrical steel (NOES), stainless steels, tool and die, stamped components, rail, slab and cast ingot. Its tubular components and tooling and stamping segments provide carbon and stainless steel tubing products, advanced-engineered solutions, tool design and build, hot and cold stamped steel components and complex assemblies. It serves various markets, such as automotive, infrastructure and manufacturing, steel producers, and distributors and converters.

  • Revenue in USD (TTM)19.97bn
  • Net income in USD-461.00m
  • Incorporated1985
  • Employees28.00k
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
CLF:NYQ since
announced
Transaction
value
Stelco Holdings IncDeal completed15 Jul 202415 Jul 2024Deal completed-25.88%2.82bn
Data delayed at least 15 minutes, as of Nov 12 2024 18:55 GMT.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Alpha Metallurgical Resources Inc3.30bn365.72m3.12bn4.11k8.791.895.760.94627.2727.27248.62126.821.3710.938.17793,252.2015.1418.6217.3621.9021.8230.0411.0815.082.9344.000.0046.47-15.3611.31-50.1618.9724.55--
Warrior Met Coal Inc1.59bn378.34m3.74bn432.009.871.797.212.357.247.2430.4539.890.66326.667.573,684,167.0015.7718.9616.8620.7837.2043.6423.7723.554.67--0.075526.16-3.574.00-25.37-7.1636.556.96
Cleveland-Cliffs Inc19.97bn-461.00m6.18bn28.00k--0.85511.870.3096-0.9546-0.956641.2214.641.154.4110.78713,285.70-2.367.39-2.969.192.5613.05-2.066.960.5502-0.19020.34722.03-4.3256.64-70.12-17.4825.37--
Ternium SA (ADR)18.70bn79.35m6.85bn34.46k86.270.57346.010.36610.40430.404395.2860.830.77573.036.20542,792.501.6411.362.5115.3517.8127.182.1112.951.67--0.128425.027.288.98-61.75-14.8122.93--
Commercial Metals Company7.93bn485.49m7.14bn13.18k15.131.669.320.90044.144.1467.6837.681.186.546.61601,454.907.2212.108.2414.6617.1418.706.138.602.7814.480.216710.34-9.936.34-43.5318.7518.497.21
Carpenter Technology Corporation2.83bn227.00m8.91bn4.60k39.925.3724.573.154.484.4855.9233.310.89243.015.23614,195.607.18-0.22248.30-0.256222.5313.298.05-0.31752.009.910.2949--8.213.00232.502.43-11.730.00
United States Steel Corporation16.28bn393.00m9.06bn21.80k26.330.78286.990.55691.531.5366.0251.420.79346.7210.20746,456.901.927.562.349.7210.3316.642.417.061.08--0.26612.74-14.304.95-64.54-4.3020.810.00
Data as of Nov 12 2024. Currency figures normalised to Cleveland-Cliffs Inc's reporting currency: US Dollar USD

Institutional shareholders

40.26%Per cent of shares held by top holders
HolderShares% Held
The Vanguard Group, Inc.as of 30 Jun 202446.20m9.87%
BlackRock Fund Advisorsas of 30 Jun 202442.77m9.14%
SSgA Funds Management, Inc.as of 30 Jun 202423.04m4.92%
Pacer Advisors, Inc.as of 30 Jun 202422.52m4.81%
Dimensional Fund Advisors LPas of 30 Sep 202419.54m4.18%
Slate Path Capital LPas of 30 Jun 20248.35m1.78%
Geode Capital Management LLCas of 30 Jun 20248.25m1.76%
Fisher Asset Management LLCas of 30 Jun 20246.13m1.31%
AQR Capital Management LLCas of 30 Jun 20246.09m1.30%
Norges Bank Investment Managementas of 30 Jun 20245.55m1.19%
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Data from 30 Jun 2024 - 30 Sep 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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