Logo image of CLF

CLEVELAND-CLIFFS INC (CLF) Stock Fundamental Analysis

USA - New York Stock Exchange - NYSE:CLF - US1858991011 - Common Stock

13.41 USD
-0.08 (-0.59%)
Last: 12/30/2025, 5:33:55 PM
13.4144 USD
+0 (+0.03%)
After Hours: 12/30/2025, 5:33:55 PM
Fundamental Rating

2

We assign a fundamental rating of 2 out of 10 to CLF. CLF was compared to 156 industry peers in the Metals & Mining industry. CLF may be in some trouble as it scores bad on both profitability and health. While showing a medium growth rate, CLF is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

Quickly go to:

1

1. Profitability

1.1 Basic Checks

In the past year CLF has reported negative net income.
CLF had a negative operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: CLF reported negative net income in multiple years.
Of the past 5 years CLF 4 years had a positive operating cash flow.
CLF Yearly Net Income VS EBIT VS OCF VS FCFCLF Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B 4B

1.2 Ratios

CLF has a Return On Assets of -8.26%. This is in the lower half of the industry: CLF underperforms 69.87% of its industry peers.
The Return On Equity of CLF (-30.66%) is worse than 77.56% of its industry peers.
Industry RankSector Rank
ROA -8.26%
ROE -30.66%
ROIC N/A
ROA(3y)1.93%
ROA(5y)4.16%
ROE(3y)3.63%
ROE(5y)12.18%
ROIC(3y)N/A
ROIC(5y)N/A
CLF Yearly ROA, ROE, ROICCLF Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100 200

1.3 Margins

The Profit Margin and Operating Margin and Gross Margin are not available for CLF so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
CLF Yearly Profit, Operating, Gross MarginsCLF Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40

More info and screens

1

2. Health

2.1 Basic Checks

CLF does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for CLF has been reduced compared to 1 year ago.
CLF has more shares outstanding than it did 5 years ago.
CLF has a worse debt/assets ratio than last year.
CLF Yearly Shares OutstandingCLF Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M 500M
CLF Yearly Total Debt VS Total AssetsCLF Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B

2.2 Solvency

CLF has an Altman-Z score of 1.16. This is a bad value and indicates that CLF is not financially healthy and even has some risk of bankruptcy.
CLF's Altman-Z score of 1.16 is on the low side compared to the rest of the industry. CLF is outperformed by 80.13% of its industry peers.
CLF has a Debt/Equity ratio of 1.47. This is a high value indicating a heavy dependency on external financing.
CLF has a worse Debt to Equity ratio (1.47) than 89.74% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.47
Debt/FCF N/A
Altman-Z 1.16
ROIC/WACCN/A
WACC9.38%
CLF Yearly LT Debt VS Equity VS FCFCLF Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B 4B 6B

2.3 Liquidity

A Current Ratio of 2.04 indicates that CLF has no problem at all paying its short term obligations.
CLF has a worse Current ratio (2.04) than 60.26% of its industry peers.
A Quick Ratio of 0.61 indicates that CLF may have some problems paying its short term obligations.
CLF's Quick ratio of 0.61 is on the low side compared to the rest of the industry. CLF is outperformed by 85.90% of its industry peers.
Industry RankSector Rank
Current Ratio 2.04
Quick Ratio 0.61
CLF Yearly Current Assets VS Current LiabilitesCLF Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

More info and screens

4

3. Growth

3.1 Past

CLF shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -771.79%.
The Revenue has decreased by -6.76% in the past year.
The Revenue has been growing by 57.33% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-771.79%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%1.92%
Revenue 1Y (TTM)-6.76%
Revenue growth 3Y-2.1%
Revenue growth 5Y57.33%
Sales Q2Q%3.61%

3.2 Future

Based on estimates for the next years, CLF will show a very strong growth in Earnings Per Share. The EPS will grow by 33.21% on average per year.
Based on estimates for the next years, CLF will show a small growth in Revenue. The Revenue will grow by 1.94% on average per year.
EPS Next Y-134.14%
EPS Next 2Y40.26%
EPS Next 3Y33.21%
EPS Next 5YN/A
Revenue Next Year-1.12%
Revenue Next 2Y2.96%
Revenue Next 3Y2.92%
Revenue Next 5Y1.94%

3.3 Evolution

The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
CLF Yearly Revenue VS EstimatesCLF Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 5B 10B 15B 20B
CLF Yearly EPS VS EstimatesCLF Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 2 -2 4

More info and screens

1

4. Valuation

4.1 Price/Earnings Ratio

CLF reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year CLF is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
CLF Price Earnings VS Forward Price EarningsCLF Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 -100 -200 -300

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
CLF Per share dataCLF EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30

4.3 Compensation for Growth

CLF's earnings are expected to grow with 33.21% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y40.26%
EPS Next 3Y33.21%

More info and screens

0

5. Dividend

5.1 Amount

CLF does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

CLEVELAND-CLIFFS INC

NYSE:CLF (12/30/2025, 5:33:55 PM)

After market: 13.4144 +0 (+0.03%)

13.41

-0.08 (-0.59%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)10-20 2025-10-20/bmo
Earnings (Next)02-16 2026-02-16/amc
Inst Owners69.1%
Inst Owner Change1.42%
Ins Owners1.42%
Ins Owner Change0.26%
Market Cap7.64B
Revenue(TTM)18.62B
Net Income(TTM)-1.68B
Analysts66.32
Price Target12.57 (-6.26%)
Short Float %13.14%
Short Ratio3.5
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-17.56%
Min EPS beat(2)-29.71%
Max EPS beat(2)-5.42%
EPS beat(4)0
Avg EPS beat(4)-28.19%
Min EPS beat(4)-49.04%
Max EPS beat(4)-5.42%
EPS beat(8)2
Avg EPS beat(8)-12.74%
EPS beat(12)4
Avg EPS beat(12)-6.52%
EPS beat(16)5
Avg EPS beat(16)-9.76%
Revenue beat(2)0
Avg Revenue beat(2)-2.61%
Min Revenue beat(2)-4.34%
Max Revenue beat(2)-0.88%
Revenue beat(4)0
Avg Revenue beat(4)-2.42%
Min Revenue beat(4)-4.34%
Max Revenue beat(4)-0.88%
Revenue beat(8)0
Avg Revenue beat(8)-2.88%
Revenue beat(12)2
Avg Revenue beat(12)-2.04%
Revenue beat(16)4
Avg Revenue beat(16)-1.58%
PT rev (1m)1.58%
PT rev (3m)19.13%
EPS NQ rev (1m)-8.82%
EPS NQ rev (3m)-94.89%
EPS NY rev (1m)-0.94%
EPS NY rev (3m)-17.85%
Revenue NQ rev (1m)-0.68%
Revenue NQ rev (3m)-4.8%
Revenue NY rev (1m)-0.33%
Revenue NY rev (3m)-2.18%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.41
P/FCF N/A
P/OCF N/A
P/B 1.4
P/tB 3.02
EV/EBITDA N/A
EPS(TTM)-3.4
EYN/A
EPS(NY)-0.04
Fwd EYN/A
FCF(TTM)-2.72
FCFYN/A
OCF(TTM)-1.62
OCFYN/A
SpS32.69
BVpS9.59
TBVpS4.44
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -8.26%
ROE -30.66%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)1.93%
ROA(5y)4.16%
ROE(3y)3.63%
ROE(5y)12.18%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score2
Asset Turnover0.92
Health
Industry RankSector Rank
Debt/Equity 1.47
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 51.27%
Cap/Sales 3.36%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 2.04
Quick Ratio 0.61
Altman-Z 1.16
F-Score2
WACC9.38%
ROIC/WACCN/A
Cap/Depr(3y)76.89%
Cap/Depr(5y)95.94%
Cap/Sales(3y)3.55%
Cap/Sales(5y)4.78%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-771.79%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%1.92%
EPS Next Y-134.14%
EPS Next 2Y40.26%
EPS Next 3Y33.21%
EPS Next 5YN/A
Revenue 1Y (TTM)-6.76%
Revenue growth 3Y-2.1%
Revenue growth 5Y57.33%
Sales Q2Q%3.61%
Revenue Next Year-1.12%
Revenue Next 2Y2.96%
Revenue Next 3Y2.92%
Revenue Next 5Y1.94%
EBIT growth 1Y-2565.52%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year120.32%
EBIT Next 3Y78.38%
EBIT Next 5Y47.39%
FCF growth 1Y-210.82%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-143.77%
OCF growth 3Y-66.47%
OCF growth 5Y-28.65%

CLEVELAND-CLIFFS INC / CLF FAQ

Can you provide the ChartMill fundamental rating for CLEVELAND-CLIFFS INC?

ChartMill assigns a fundamental rating of 2 / 10 to CLF.


Can you provide the valuation status for CLEVELAND-CLIFFS INC?

ChartMill assigns a valuation rating of 1 / 10 to CLEVELAND-CLIFFS INC (CLF). This can be considered as Overvalued.


How profitable is CLEVELAND-CLIFFS INC (CLF) stock?

CLEVELAND-CLIFFS INC (CLF) has a profitability rating of 1 / 10.


Can you provide the dividend sustainability for CLF stock?

The dividend rating of CLEVELAND-CLIFFS INC (CLF) is 0 / 10 and the dividend payout ratio is 0%.