Cleveland-Cliffs Overview

  • Year Founded
  • 1845

Year Founded

  • Status
  • Public

  • Employees
  • 28,000

Employees

  • Stock Symbol
  • CLF

Stock Symbol

  • Investments
  • 23

  • Share Price
  • $15.07
  • (As of Wednesday 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

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
Corporate Office
  • 200 Public Square
  • Suite 3300
  • Cleveland, OH 44114
  • United States
+1 (216) 000-0000

Cleveland-Cliffs Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Cleveland-Cliffs Stock Performance

(As of Wednesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$15.07 $15.13 $13.84 - $22.97 $7.17B 475M 8.22M $0.75

Cleveland-Cliffs Financials Summary

In Thousands,
USD
TTM 31-Mar-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 14,505,103 13,980,267 12,980,523 16,488,974
Revenue 21,900,000 21,996,000 22,989,000 20,444,000
EBITDA 1,829,000 1,864,000 3,111,000 5,037,000
Net Income 389,000 399,000 1,335,000 2,988,000
Total Assets 17,236,000 17,537,000 18,755,000 18,975,000
Total Debt 3,664,000 3,137,000 4,249,000 5,238,000
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 manufacturer of iron ore pellets in North America. It is organi
Iron and Steel Mining
Cleveland, OH
28,000 As of 2024
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Pittsburgh, PA
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0000 000 00000 00000
Charlotte, NC
00000 As of 0000
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Cleveland-Cliffs Competitors (10)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
United States Steel Corporation Pittsburgh, PA 00000 000.00 000000&0 000.00
Nucor Corporation Charlotte, NC 00000 00.00 000000000 00.00
ArcelorMittal Corporate Backed or Acquired Luxembourg, Luxembourg 000000 00.000 000000000000 00.000
Allegheny Technologies Corporation Dallas, TX 0000 00.000 000000000 00.000
Norsk Hydro Corporation Oslo, Norway 00000 00000000000
You’re viewing 5 of 10 competitors. Get the full list »

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 0000000000
AU-1311199-A Flotation system Inactive 08-Nov-1997 000000000
EP-1032472-A1 Flotation system Inactive 08-Nov-1997 B03B11/00
To view Cleveland-Cliffs’s complete patent history, request access »

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 Cleveland-Cliffs 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
You’re viewing 5 of 18 board members. Get the full list »

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 (23)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Ferrous Processing & Trading 18-Nov-2021 0000000000 00000 Environmental Services (B2B) 0. 000000
ArcelorMittal USA 09-Dec-2020 0000000000 00.00 Distributors/Wholesale 0. 000000
Hibbing Taconite Company (Cliffs / US Steel) 31-Mar-2020 00000 0000 Iron and Steel Mining
AK Steel 13-Mar-2020 0000000000 00.000 Iron and Steel Mining 000000 00
Glacier Park (mining property) 11-Dec-2017 Corporate Asset Purchase Buildings and Property
You’re viewing 5 of 23 investments and acquisitions. Get the full list »

Cleveland-Cliffs Subsidiaries (4)

Company Name Industry Location Founded
Cleveland-Cliffs Steel VEBA Retiree Benefits Plan Corporate Pension Chicago, IL 2005
Portman Iron and Steel Mining Perth, Australia 0000
Tilden Mine Iron and Steel Mining Ishpeming, MI 0000
Ferrous Processing & Trading Environmental Services (B2B) Detroit, MI 0000
To view Cleveland-Cliffs’s complete subsidiaries history, request access »

Cleveland-Cliffs ESG

Risk Overview

Risk Rating

Updated May, 31, 2024

35.87 | 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

00.0

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 16,191

Rank

00.00

Percentile

Steel

Industry

00 of 158

Rank

00.00

Percentile

Steel

Subindustry

00 of 158

Rank

00.00

Percentile

To view Cleveland-Cliffs’s complete esg history, request access »

Cleveland-Cliffs Exits (5)

Company Name Exit Date Exit Type Exit Size Status Buyers
Cliffs Quebec Iron Mining (Bloom Lake Iron-Ore Mine) 01-Jan-2011 000000000 00000 00 00.000 Completed
  • 000000000-000000
Cliffs Natural Resources (Wabush Scully Mine) 01-Feb-2010 000000000 00000 00 00000 Completed
  • 000000000-000000
International Steel Group 12-Apr-2002 00000000 00000000 Completed
  • 4 buyers
Cleveland-Cliffs (Erie Plant) 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 »

Cleveland-Cliffs FAQs

  • When was Cleveland-Cliffs founded?

    Cleveland-Cliffs was founded in 1845.

  • Who is the CEO of Cleveland-Cliffs?

    C. Goncalves is the CEO of Cleveland-Cliffs.

  • Where is Cleveland-Cliffs headquartered?

    Cleveland-Cliffs is headquartered in Cleveland, OH.

  • What is the size of Cleveland-Cliffs?

    Cleveland-Cliffs has 28,000 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 12-Jun-2024 the stock price of Cleveland-Cliffs is $15.07.

  • What is the current market cap of Cleveland-Cliffs?

    The current market capitalization of Cleveland-Cliffs is $7.17B.

  • What is Cleveland-Cliffs’s current revenue?

    The trailing twelve month revenue for Cleveland-Cliffs is $21.9B.

  • Who are Cleveland-Cliffs’s competitors?

    United States Steel, Nucor, ArcelorMittal, Allegheny Technologies, and Norsk Hydro 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 $0.75.

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