📊 CLF Key Takeaways
Investment Thesis
Cleveland-Cliffs faces severe operational distress with negative net income of $1.5B, negative operating cash flow of $462M, and deteriorating profitability across all margins despite stable revenue. The company is burning cash with negative free cash flow of $1.0B while carrying substantial debt of $7.3B against minimal cash reserves of $57M, creating acute financial stress. Negative interest coverage and weakening fundamentals indicate the company is struggling to service debt and fund operations without further financial deterioration.
CLF Strengths
- Adequate current ratio of 1.95x provides near-term liquidity buffer for operations
- Stable revenue base of $18.6B demonstrates market presence in metal mining sector
- Gross profit of $575.7M shows some underlying operational contribution before overhead
CLF Risks
- Massive operating loss of $1.6B and net loss of $1.5B signal fundamental operational breakdown
- Negative free cash flow of $1.0B with only $57M cash on hand creates critical solvency risk
- High leverage with debt-to-equity of 1.19x and negative interest coverage of -11.2x indicates inability to service debt from operations
- Negative ROE of -24.2% and ROA of -7.4% demonstrate value destruction for shareholders
- Operating cash flow negative at -$462M while still requiring $561M in capital expenditures
Key Metrics to Watch
- Operating cash flow recovery and path to positive FCF generation
- Operating margin improvement and return to profitability
- Debt reduction trajectory and interest coverage return to positive territory
- Cash balance sustainability given burn rate and debt service obligations
CLF Financial Metrics
💡 AI Analyst Insight
CLEVELAND-CLIFFS INC. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
CLF Profitability Ratios
CLF vs Default Sector
How CLEVELAND-CLIFFS INC. compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
CLF Balance Sheet & Liquidity
CLF 5-Year Financial Trend
5-Year Trend Summary: CLEVELAND-CLIFFS INC.'s revenue has shown modest growth of 8% over the 5-year period. The most recent EPS of $0.75 reflects profitable operations.
CLF Growth Metrics (YoY)
CLF Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $4.6B | -$244.0M | $-0.51 |
| Q2 2025 | $4.9B | N/A | N/A |
| Q1 2025 | $4.6B | N/A | N/A |
| Q3 2024 | $4.6B | -$242.0M | $0.52 |
| Q2 2024 | $5.1B | $2.0M | $0.00 |
| Q1 2024 | $5.2B | -$57.0M | $-0.11 |
| Q3 2023 | $5.6B | $152.0M | $0.29 |
| Q2 2023 | $6.0B | $290.0M | $0.56 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
CLF Capital Allocation
CLF SEC Filings
Access official SEC EDGAR filings for CLEVELAND-CLIFFS INC. (CIK: 0000764065)
📋 Recent SEC Filings
❓ Frequently Asked Questions about CLF
What is the AI rating for CLF?
CLEVELAND-CLIFFS INC. (CLF) has an AI rating of STRONG SELL with 92% confidence, based on fundamental analysis of SEC EDGAR filings.
What are CLF's key strengths?
Adequate current ratio of 1.95x provides near-term liquidity buffer for operations. Stable revenue base of $18.6B demonstrates market presence in metal mining sector.
What are the risks of investing in CLF?
Massive operating loss of $1.6B and net loss of $1.5B signal fundamental operational breakdown. Negative free cash flow of $1.0B with only $57M cash on hand creates critical solvency risk.
What is CLF's revenue and growth?
CLEVELAND-CLIFFS INC. reported revenue of $18.6B.
Does CLF pay dividends?
CLEVELAND-CLIFFS INC. pays dividends, with $41.0M distributed to shareholders in the trailing twelve months.
Where can I find CLF SEC filings?
Official SEC filings for CLEVELAND-CLIFFS INC. (CIK: 0000764065) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is CLF's EPS?
CLEVELAND-CLIFFS INC. has a diluted EPS of $-2.91.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.