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CLEVELAND-CLIFFS INC (CLF) Stock Fundamental Analysis

USA - NYSE:CLF - US1858991011 - Common Stock

14.465 USD
+0.38 (+2.66%)
Last: 10/29/2025, 11:20:09 AM
Fundamental Rating

2

CLF gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 154 industry peers in the Metals & Mining industry. Both the profitability and financial health of CLF have multiple concerns. CLF is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

CLF had negative earnings in the past year.
In the past year CLF has reported a negative cash flow from operations.
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

With a Return On Assets value of -8.26%, CLF is not doing good in the industry: 68.18% of the companies in the same industry are doing better.
CLF's Return On Equity of -29.37% is on the low side compared to the rest of the industry. CLF is outperformed by 77.27% of its industry peers.
Industry RankSector Rank
ROA -8.26%
ROE -29.37%
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

2

2. Health

2.1 Basic Checks

CLF does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, CLF has less shares outstanding
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 a Debt/Equity ratio of 1.41. This is a high value indicating a heavy dependency on external financing.
CLF has a worse Debt to Equity ratio (1.41) than 89.61% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.41
Debt/FCF N/A
Altman-Z N/A
ROIC/WACCN/A
WACC8.25%
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

CLF has a Current Ratio of 2.04. This indicates that CLF is financially healthy and has no problem in meeting its short term obligations.
CLF's Current ratio of 2.04 is in line compared to the rest of the industry. CLF outperforms 44.16% of its industry peers.
A Quick Ratio of 0.61 indicates that CLF may have some problems paying its short term obligations.
With a Quick ratio value of 0.61, CLF is not doing good in the industry: 85.06% of the companies in the same industry are doing better.
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

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%.
CLF shows a decrease in Revenue. In the last year, the revenue decreased by -6.76%.
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 34.71% 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-108.3%
EPS Next 2Y42.17%
EPS Next 3Y34.71%
EPS Next 5YN/A
Revenue Next Year0.4%
Revenue Next 2Y2.79%
Revenue Next 3Y3.35%
Revenue Next 5Y1.94%

3.3 Evolution

When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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

1

4. Valuation

4.1 Price/Earnings Ratio

CLF reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
With a Price/Forward Earnings ratio of 542.49, CLF can be considered very expensive at the moment.
CLF's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of CLF to the average of the S&P500 Index (22.87), we can say CLF is valued expensively.
Industry RankSector Rank
PE N/A
Fwd PE 542.49
CLF Price Earnings VS Forward Price EarningsCLF Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 100 200 300 400 500

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 34.71% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y42.17%
EPS Next 3Y34.71%

0

5. Dividend

5.1 Amount

No dividends for CLF!.
Industry RankSector Rank
Dividend Yield N/A

CLEVELAND-CLIFFS INC

NYSE:CLF (10/29/2025, 11:20:09 AM)

14.465

+0.38 (+2.66%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)10-20 2025-10-20/bmo
Earnings (Next)N/A N/A
Inst Owners77.93%
Inst Owner Change-0.63%
Ins Owners1.64%
Ins Owner Change-1.05%
Market Cap7.16B
Revenue(TTM)18.62B
Net Income(TTM)-1676000000
Analysts66.32
Price Target12.24 (-15.38%)
Short Float %14.19%
Short Ratio2.51
Dividend
Industry RankSector Rank
Dividend Yield N/A
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)4.03%
PT rev (3m)23.6%
EPS NQ rev (1m)-42.25%
EPS NQ rev (3m)-92.35%
EPS NY rev (1m)-4.84%
EPS NY rev (3m)-24.25%
Revenue NQ rev (1m)-0.74%
Revenue NQ rev (3m)-0.8%
Revenue NY rev (1m)-0.68%
Revenue NY rev (3m)-0.44%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 542.49
P/S 0.38
P/FCF N/A
P/OCF N/A
P/B 1.25
P/tB 2.58
EV/EBITDA N/A
EPS(TTM)-3.4
EYN/A
EPS(NY)0.03
Fwd EY0.18%
FCF(TTM)-3.13
FCFYN/A
OCF(TTM)-1.86
OCFYN/A
SpS37.64
BVpS11.54
TBVpS5.6
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -8.26%
ROE -29.37%
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 1.41
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 N/A
F-Score2
WACC8.25%
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-108.3%
EPS Next 2Y42.17%
EPS Next 3Y34.71%
EPS Next 5YN/A
Revenue 1Y (TTM)-6.76%
Revenue growth 3Y-2.1%
Revenue growth 5Y57.33%
Sales Q2Q%3.61%
Revenue Next Year0.4%
Revenue Next 2Y2.79%
Revenue Next 3Y3.35%
Revenue Next 5Y1.94%
EBIT growth 1Y-2565.52%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year156.94%
EBIT Next 3Y80.14%
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%.