Cleveland-Cliffs Inc.

As of June 30, 2026, Cleveland-Cliffs Inc carries a market capitalization of 4.76B, placing it among publicly traded companies globally. Its enterprise value stands at 11.63B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Cleveland-Cliffs Inc's next confirmed earnings release is scheduled for February 15, 2027.

As of June 30, 2026, Cleveland-Cliffs Inc has 570.53M shares outstanding.

These figures are as of June 30, 2026. The price-to-sales ratio is 0.27, and the price-to-book ratio stands at 0.97.

As of June 30, 2026, Cleveland-Cliffs Inc trades at an EV/EBITDA multiple of 46.79 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 0.69 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. These enterprise value multiples are built on an enterprise value of 11.63B versus a market cap of 4.76B, with the gap driven by net debt and cash on the balance sheet.

As of June 30, 2026, Cleveland-Cliffs Inc maintains a current ratio of 1.89, meaning it holds 1.9x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 132.40, indicating elevated leverage, while an interest coverage ratio of 0.47 demonstrates limited ability to service its debt obligations.

Over the twelve months ended June 30, 2026, Cleveland-Cliffs Inc posted a negative return on equity (ROE) of -15.34, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -4.32, reflecting losses generated across the asset base. The company generates approximately 640,052.70 in revenue per employee across its workforce of 26,250.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 4.21 indicates how many times Cleveland-Cliffs Inc sells and replaces its inventory over a year, a key working capital efficiency ratio.

Over the twelve months ended June 30, 2026, Cleveland-Cliffs Inc recorded an income tax benefit of -336.99M rather than an expense, typically from losses, carryforwards, or the release of a tax provision. The company reported a pretax loss of -1.06B and -766.76M in bottom-line net income, so the effective tax rate carries little signal until profitability returns.

These figures are as of the close on October 22, 2026. The 50-day moving average sits at 10.47, while the 200-day moving average is 9.74.

Over the twelve months ended June 30, 2026, Cleveland-Cliffs Inc generated 16.80B in revenue and converted that into -766.76M in net income, yielding earnings per share of -1.32. EBITDA reached 248.59M, while operating income came in at -697.61M.

As of June 30, 2026, Cleveland-Cliffs Inc holds 61.27M in cash and equivalents against 6.74B in total debt, resulting in a net debt position of 6.68B. Total book value stands at 4.91B, with working capital of 2.81B providing operational flexibility.

Cleveland-Cliffs Inc produced -219.70M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -530.43M in capital expenditures, free cash flow totaled -750.13M - equivalent to -1.37 per share.

Over the twelve months ended June 30, 2026, Cleveland-Cliffs Inc posted a gross margin of -1.05, reflecting its pricing power and cost economics. The operating margin of -4.15 and net profit margin of -4.56 provide insight into operational efficiency.

These figures cover the twelve months ended June 30, 2026. Free cash flow yield is negative at -16.42: the business is consuming cash rather than generating it, so any dividend is not covered by free cash flow. Total shareholder yield is negative at -13.78, meaning Cleveland-Cliffs Inc raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Cleveland-Cliffs Inc's most recent stock split took place on May 16, 2008 with a 1:2 split ratio.

As of June 30, 2026, Cleveland-Cliffs Inc has an Altman Z-Score of 1.34, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.