Cleveland-Cliffs Overview

  • Founded
  • 1846

Founded
  • Status
  • Public

  • Employees
  • 27,000

Employees
  • Stock Symbol
  • CLF

Stock Symbol
  • Investments
  • 22

  • Share Price
  • $21.62

  • (As of Friday Closing)

Cleveland-Cliffs General Information

Description

Cleveland-Cliffs Inc is a flat-rolled steel producer and a manufacturer of iron ore pellets in North America. It is vertically integrated from mined raw materials and direct reduced iron to primary steelmaking and downstream finishing, stamping, tooling and tubing. The company serves a diverse range of markets due to its comprehensive offering of flat-rolled steel products and supplying of steel to the automotive industry in North America. The group employs approximately 26,000 people across its mining, steel and downstream manufacturing operations in the United States and Canada.

Contact Information

Formerly Known As
Cliffs Natural Resources
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Iron and Steel Mining
Other Industries
Industrial Supplies and Parts
Stock Exchange
NYS
Primary Office
  • 200 Public Square
  • Suite 3300
  • Cleveland, OH 44114-2544
  • United States
+1 (216) 000-0000

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Cleveland-Cliffs Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$21.62 $21.28 $11.82 - $34.04 $11B 515M 12.6M $4.76

Cleveland-Cliffs Financials Summary

In Thousands,
USD
TTM 30-Sep-2022 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020 FY 2019 31-Dec-2019
EV 11,853,998 16,488,974 11,692,357 3,978,506
Revenue 23,291,000 20,444,000 5,354,000 1,990,000
EBITDA 4,399,000 5,044,000 359,000 499,000
Net Income 2,442,000 2,988,000 (122,000) 293,000
Total Assets 19,688,000 18,975,000 16,771,000 3,504,000
Total Debt 4,475,000 5,238,000 5,390,000 2,114,000
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Cleveland-Cliffs Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Cleveland-Cliffs Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Cleveland-Cliffs Inc is a flat-rolled steel producer and a manufacturer of iron ore pellets in North America. It is vert
Iron and Steel Mining
Cleveland, OH
27,000 As of 2022
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0000 000 00000 00000
Pittsburgh, PA
00000 As of 0000
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0000000000 00000000
Fort Wayne, IN
00000 As of 0000
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00000000000 00000
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Cleveland-Cliffs Competitors (6)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
United States Steel Corporation Pittsburgh, PA 00000 00000000
00000 00000000 Formerly PE-Backed Fort Wayne, IN 00000 00000 00000000000 00000
00000 Corporation Charlotte, NC 00000 00000000
0000000000000 Corporate Backed or Acquired Luxembourg, Luxembourg 000000 00.000 000000000000 00.000
00000000000 000000 Formerly PE-Backed Columbus, OH 00000 00.000 00000000 00.000
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Cleveland-Cliffs Patents

Cleveland-Cliffs Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-8590392-B2 Compression test systems and methods Active 14-Sep-2010 00000000 0
US-20120060581-A1 Compression test systems and methods Active 14-Sep-2010 00000000 0
AU-4310399-A Moisture content analysis of substances by flooding Inactive 20-May-1998 C22B1/2406

Cleveland-Cliffs Executive Team (21)

Name Title Board Seat Contact Info
C. Goncalves President, Chief Executive Officer & Chairman
Clifford Smith Executive Vice President & President
Keith Koci President, Cleveland-Cliffs Services & Executive Vice President
Celso Goncalves Executive Vice President & Chief Financial Officer
Kimberly Floriani Chief Accounting Officer, Accounting & Controller, Finance
You’re viewing 5 of 21 executive team members. Get the full list »

Cleveland-Cliffs Board Members (18)

Name Representing Role Since
000000 00000 Self Board Member 000 0000
0. 000000000 Cleveland-Cliffs President, Chief Executive Officer & Chairman 000 0000
0000000 000000 Cleveland-Cliffs Board Member 000 0000
0000000 0000000 Cleveland-Cliffs Board Member 000 0000
00000 000000 Cleveland-Cliffs Board Member and Member of Audit and Governance and Nominating Committee 000 0000
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Cleveland-Cliffs Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Cleveland-Cliffs Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Cleveland-Cliffs Investments & Acquisitions (22)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000000 00000 18-Nov-2021 0000000000 00000 Environmental Services (B2B) 0. 000000
0000000000000 09-Dec-2020 0000000000 00.00 Distributors/Wholesale 0. 000000
00 00000 13-Mar-2020 0000000000 00.000 Iron and Steel Mining 000000 00
0000000 0000 11-Dec-2017 000000000 Buildings and Property
Tilden Mine 29-Sep-2017 Secondary Transaction - Private 00000 Iron and Steel Mining 0. 000000
You’re viewing 5 of 22 investments and acquisitions. Get the full list »

Cleveland-Cliffs Subsidiaries (6)

Company Name Industry Location Founded
Cleveland-Cliffs Steel VEBA Retiree Benefits Plan Corporate Pension Chicago, IL 2005
0000 0 000000 Iron and Steel Mining Hoyt Lakes, MN 0000
000000 000000 0000 Other Metals, Minerals and Mining Hibbing, MN 0000
0000000 Iron and Steel Mining Perth, Australia 0000
000000 0000 Iron and Steel Mining Ishpeming, MI 0000
You’re viewing 5 of 6 subsidiaries. Get the full list »

Cleveland-Cliffs ESG

Risk Overview

Risk Rating

Updated November, 02, 2022

36.05 | High Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 15,613

Rank

00.00

Percentile

Steel

Industry

00 of 154

Rank

00.00

Percentile

Steel

Subindustry

00 of 154

Rank

00.00

Percentile

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Cleveland-Cliffs Exits (5)

Company Name Exit Date Exit Type Exit Size Status Buyers
000000 000000 0000 01-Jan-2011 000000000 00000 00 00.000 Completed
  • 000000000-000000
000000 0000000 000 01-Feb-2010 000000000 00000 00 00000 Completed
  • 000000000-000000
0000000000000 0000 12-Apr-2002 00000000 00000000 Completed
  • 4 buyers
000000000-000000 ( 01-Jan-2001 000000000 00000 00 Completed
  • 000000000-000000
Amapa Iron Ore Mine Joint Venture Completed
  • 2 buyers
To view Cleveland-Cliffs’s complete exits history, request access »