CLEVELAND-CLIFFS INC. financial data

Symbol
CLF on NYSE
Location
Cleveland, OH
Fiscal year end
31 December
Latest financial report
10-K - Q4 2025 - 09 Feb 2026

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 204% % 6.2%
Quick Ratio 145% % 7.6%
Debt-to-equity 241% % 55%
Return On Equity -11% % -322%
Return On Assets -4.2% % -299%
Operating Margin -8.5% % -113%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 570,390,499 shares
Common Stock, Shares, Outstanding 569,759,243 shares 15%
Entity Public Float $3,695,647,401 USD -48%
Weighted Average Number of Shares Outstanding, Basic 508,000,000 shares 5.8%
Weighted Average Number of Shares Outstanding, Diluted 508,000,000 shares 5.8%

Income Statement

Label TTM Value / Value Unit Change %
Revenues $18,610,000,000 USD -3%
Costs and Expenses $20,189,000,000 USD 1.2%
Operating Income (Loss) $1,579,000,000 USD -107%
Nonoperating Income (Expense) $425,000,000 USD -127%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $2,004,000,000 USD -111%
Income Tax Expense (Benefit) $581,000,000 USD -146%
Net Income (Loss) Attributable to Parent $251,000,000 USD -2.9%
Earnings Per Share, Basic -0.51 USD/shares 1.9%
Earnings Per Share, Diluted -0.51 USD/shares 1.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $57,000,000 USD 5.6%
Accounts Receivable, after Allowance for Credit Loss, Current $1,442,000,000 USD -8.5%
Inventory, Net $4,772,000,000 USD -6.3%
Other Assets, Current $164,000,000 USD -10%
Assets, Current $6,435,000,000 USD -6.8%
Property, Plant and Equipment, Net $9,481,000,000 USD -4.6%
Operating Lease, Right-of-Use Asset $292,000,000 USD -17%
Intangible Assets, Net (Excluding Goodwill) $1,135,000,000 USD -3%
Goodwill $1,814,000,000 USD 2.6%
Other Assets, Noncurrent $678,000,000 USD -7.5%
Assets $20,012,000,000 USD -4.5%
Accounts Payable, Current $1,893,000,000 USD -5.7%
Employee-related Liabilities, Current $517,000,000 USD 6.4%
Accrued Liabilities, Current $396,000,000 USD 5.6%
Liabilities, Current $3,302,000,000 USD -1.8%
Operating Lease, Liability, Noncurrent $234,000,000 USD -15%
Other Liabilities, Noncurrent $1,422,000,000 USD -2.1%
Liabilities $13,689,000,000 USD -2.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax $1,492,000,000 USD -2.9%
Retained Earnings (Accumulated Deficit) $529,000,000 USD -156%
Stockholders' Equity Attributable to Parent $6,116,000,000 USD -7.8%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $6,323,000,000 USD -7.9%
Liabilities and Equity $20,012,000,000 USD -4.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $351,000,000 USD -347%
Net Cash Provided by (Used in) Financing Activities $499,000,000 USD
Net Cash Provided by (Used in) Investing Activities $145,000,000 USD 19%
Common Stock, Shares Authorized 1,200,000,000 shares 0%
Common Stock, Shares, Issued 606,051,530 shares 14%
Common Stock, Par or Stated Value Per Share 0.125 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $168,000,000 USD -609%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $63,000,000 USD 5%
Interest Paid, Excluding Capitalized Interest, Operating Activities $77,000,000 USD 45%
Deferred Tax Assets, Valuation Allowance $394,000,000 USD 1.5%
Deferred Tax Assets, Gross $1,697,000,000 USD 51%
Operating Lease, Liability $282,000,000 USD -13%
Depreciation $1,145,000,000 USD 27%
Payments to Acquire Property, Plant, and Equipment $152,000,000 USD -16%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $1,523,000,000 USD -73%
Lessee, Operating Lease, Liability, to be Paid $396,000,000 USD -14%
Property, Plant and Equipment, Gross $15,310,000,000 USD 3.8%
Operating Lease, Liability, Current $48,000,000 USD -4%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Deferred Income Tax Expense (Benefit) $151,000,000 USD -1788%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $114,000,000 USD -15%
Deferred Tax Assets, Operating Loss Carryforwards $778,000,000 USD 32%
Unrecognized Tax Benefits $97,000,000 USD -20%
Additional Paid in Capital $5,736,000,000 USD 21%
Amortization of Intangible Assets $81,000,000 USD 238%
Depreciation, Depletion and Amortization $1,235,000,000 USD 30%
Deferred Tax Assets, Net of Valuation Allowance $1,303,000,000 USD 78%