Cleveland-Cliffs Overview
- Year Founded
-
1847
- Status
-
Public
- Employees
-
30,000
- Stock Symbol
-
CLF
- Investments
-
24
- Share Price
-
$7.91
- (As of Friday Closing)
Cleveland-Cliffs General Information
Description
Cleveland-Cliffs Inc is a flat-rolled steel producer and manufacturer of iron ore pellets in North America. It is organized into four operating segments based on differentiated products, Steelmaking, Tubular, Tooling and Stamping and European Operations, but operates through one reportable segment -Steelmaking. It is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling and tubing. It serves a diverse range of other markets due to its comprehensive offering of flat-rolled steel products. Geographically, it operates in the United States, Canada and other countries. The majority of revenue is from the United States. It is a supplier of steel to the automotive industry in North America.
Contact Information
Website
www.clevelandcliffs.comCorporate Office
- 200 Public Square
- Suite 3300
- Cleveland, OH 44114
- United States
Corporate Office
- 200 Public Square
- Suite 3300
- Cleveland, OH 44114
- United States
Cleveland-Cliffs Timeline
Cleveland-Cliffs Stock Performance
As of 25-Apr-2025, Cleveland-Cliffs’s stock price is $7.91. Its current market cap is $3.91B with 494M shares.
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $7.91 | $7.91 | $6.17 - $18.31 | $3.91B | 494M | 21.2M | -$1.57 |
Cleveland-Cliffs Financials Summary
As of 31-Dec-2024, Cleveland-Cliffs has a trailing 12-month revenue of $19.2B.
|
In Thousands, USD |
TTM 31-Dec-2024 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
|---|---|---|---|---|
| EV | 8,619,069 | 8,619,069 | 13,980,267 | 12,980,523 |
| Revenue | 19,185,000 | 19,185,000 | 21,996,000 | 22,989,000 |
| EBITDA | 383,000 | 383,000 | 1,864,000 | 3,106,000 |
| Net Income | (754,000) | (754,000) | 399,000 | 1,335,000 |
| Total Assets | 20,947,000 | 20,947,000 | 17,537,000 | 18,755,000 |
| Total Debt | 7,065,000 | 7,065,000 | 3,137,000 | 4,249,000 |
Cleveland-Cliffs Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Cleveland-Cliffs Comparisons
Industry
Financing
Details
Cleveland-Cliffs Competitors (10)
One of Cleveland-Cliffs’s 10 competitors is United States Steel, a Corporation company based in Pittsburgh, PA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| United States Steel | Corporation | Pittsburgh, PA | ||||
| Nucor | Corporation | Charlotte, NC | ||||
| ArcelorMittal | Corporate Backed or Acquired | Luxembourg, Luxembourg | ||||
| Allegheny Technologies | Corporation | Dallas, TX | ||||
| Steel Dynamics | Formerly PE-Backed | Fort Wayne, IN |
Cleveland-Cliffs Patents
Cleveland-Cliffs Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20120060581-A1 | Compression test systems and methods | Active | 14-Sep-2010 | ||
| US-8590392-B2 | Compression test systems and methods | Active | 14-Sep-2010 | ||
| AU-4310399-A | Moisture content analysis of substances by flooding | Inactive | 20-May-1998 | ||
| AU-1311199-A | Flotation system | Inactive | 08-Nov-1997 | ||
| EP-1032472-A1 | Flotation system | Inactive | 08-Nov-1997 | B03B11/00 |
Cleveland-Cliffs Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Cleveland-Cliffs Investments & Acquisitions (24)
Cleveland-Cliffs’s most recent deal was a Merger/Acquisition with Stelco for . The deal was made on 01-Nov-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Stelco | 01-Nov-2024 | Merger/Acquisition | Industrial Supplies and Parts | ||
| Ferrous Processing & Trading | 18-Nov-2021 | Merger/Acquisition | Environmental Services (B2B) | ||
| ArcelorMittal USA | 09-Dec-2020 | Merger/Acquisition | Iron and Steel Mining | ||
| Hibbing Taconite Company (Cliffs / US Steel) | 31-Mar-2020 | Joint Venture | Other Metals, Minerals and Mining | ||
| AK Steel | 13-Mar-2020 | Merger/Acquisition | Industrial Supplies and Parts |
Cleveland-Cliffs ESG
Risk Overview
Risk Rating
Updated November, 29, 2024
36.92 | 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
Management
Management is related to actions taken to manage ESG issues
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
of 15,109
Rank
Percentile
Steel
Industry
of 157
Rank
Percentile
Steel
Subindustry
of 157
Rank
Percentile
Cleveland-Cliffs Exits (5)
Cleveland-Cliffs’s most recent exit was on 01-Jan-2011 from Cliffs Quebec Iron Mining (Bloom Lake Iron-Ore Mine). The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Cliffs Quebec Iron Mining (Bloom Lake Iron-Ore Mine) | 01-Jan-2011 | Completed |
|
||
| Scully Mine | 01-Feb-2010 | Completed |
|
||
| International Steel Group | 12-Apr-2002 | Completed |
|
||
| Cleveland-Cliffs (Erie Plant) | 01-Jan-2001 | Completed |
|
||
| Amapa Iron Ore Mine | Joint Venture | Completed |
|
Cleveland-Cliffs Affiliates
Subsidiaries (6)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Cleveland-Cliffs Steel VEBA Retiree Benefits Plan | Chicago, IL | 2005 | |
| Portman | Perth, Australia | 1976 | |
| Tilden Mine | Ishpeming, MI | 1974 | |
| Cleveland-Cliffs Foundation | Cleveland, OH | 1962 | |
| Stelco | Hamilton, Canada | 1910 |
Cleveland-Cliffs FAQs
-
When was Cleveland-Cliffs founded?
Cleveland-Cliffs was founded in 1847.
-
Where is Cleveland-Cliffs headquartered?
Cleveland-Cliffs is headquartered in Cleveland, OH.
-
What is the size of Cleveland-Cliffs?
Cleveland-Cliffs has 30,000 total employees.
-
What industry is Cleveland-Cliffs in?
Cleveland-Cliffs’s primary industry is Iron and Steel Mining.
-
Is Cleveland-Cliffs a private or public company?
Cleveland-Cliffs is a Public company.
-
What is Cleveland-Cliffs’s stock symbol?
The ticker symbol for Cleveland-Cliffs is CLF.
-
What is the current stock price of Cleveland-Cliffs?
As of 25-Apr-2025 the stock price of Cleveland-Cliffs is $7.91.
-
What is the current market cap of Cleveland-Cliffs?
The current market capitalization of Cleveland-Cliffs is $3.91B.
-
What is Cleveland-Cliffs’s current revenue?
The trailing twelve month revenue for Cleveland-Cliffs is $19.2B.
-
Who are Cleveland-Cliffs’s competitors?
United States Steel, Nucor, ArcelorMittal, Allegheny Technologies, and Steel Dynamics are some of the 10 competitors of Cleveland-Cliffs.
-
What is Cleveland-Cliffs’s annual earnings per share (EPS)?
Cleveland-Cliffs’s EPS for 12 months was -$1.57.
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