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StockVS

NYSE · Steel · USD

Cleveland-Cliffs Inc. (CLF) Stock Analysis

Cleveland-Cliffs Inc. (CLF) is a Steel stock listed on NYSE and quoted in US Dollar.

CLF

$12.50

+$0.22 (+1.79%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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CLF Key Statistics

As of Sep 4, 2026
Trading
Open
$12.20
Previous Close
$12.28
Day's Range
12.16–12.50
52-Week Range
7.73–16.70
Volume
7.49M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
2.11
Valuation
Market Cap
$7.13B
P/E Ratio
unprofitable
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
22.12
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
0.43
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
0.37
EPS (ttm)Profit attributable to each share over the last twelve months.
−1.60
Financials (FY)
Revenue (FY)
$18.61B−3.00%
Net Income (FY)
−$1.48B
Profit marginThe share of revenue left as profit after all costs and taxes.
−4.56%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
570.54M
1-Year Return
+18.82%
Dividend and dates
Earnings Date
October 19, 2026estimated
Avg Volume
20.42M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

CLF Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−5.87%
2025+41.28%
2024−53.97%
2023+26.75%
2022−26.00%
2021+49.52%
2020+77.38%
2019+12.72%
2018+6.66%
2017−14.27%
2016 (partial year)+4.21%

As of September 4, 2026.

CLF Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$18.61B−$1.48B−7.9%
2024$19.19B−$760.00M−4.0%
2023$22.00B$385.00M1.8%
2022$22.99B$1.34B5.8%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$18.61B−$860.00M−$1.45B−$1.48B−7.9%
2024$19.19B$63.00M−$511.00M−$760.00M−4.0%
2023$22.00B$1.37B$796.00M$385.00M1.8%
2022$22.99B$2.52B$1.97B$1.34B5.8%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

CLF Valuation vs Steel Median

Median of 26 stocks
MetricCLFSteel medianvs median
P/S ratio0.370.9461% below
Profit margin−4.56%2.39%7.0 pts below

Medians across 26 Steel stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

The market values Cleveland-Cliffs Inc. (CLF) at $7.13B. The company sits in the Basic Materials sector, in the Steel industry. The company reports 25,000 employees.

The 52-week range on file runs from $7.73 to $16.70. The most recent close on file for CLF is $12.50, dated September 4, 2026. That is +$0.22 (+1.79%) against the previous close. The latest close sits 61.71% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $18.61B. That is −3.00% against the prior fiscal year, when revenue was $19.19B. The same year closed with a net loss of $1.48B. Profit margin runs at −4.56%. That is 7 percentage points below the Steel median of 2.39%. Trailing earnings per share are −1.6.

Across the 4 fiscal years on file, revenue moves from $22.99B in 2022 to $18.61B in 2025. Of those 4 years, 2 report positive net income.

Valuation Assessment

The record shows negative trailing earnings, so no price-to-earnings ratio is published. The forward P/E on file is 22.12. The PEG ratio, which sets the P/E against expected earnings growth, reads 0.43. The price-to-sales ratio is 0.37. On price-to-sales that is 60.67% below the Steel median of 0.94. 26 Steel companies report these metrics, and the medians quoted come from that group.

The trailing one-year price return is +18.82%. Across 10 years the annualized return works out at +8.70%. The reported beta is 2.11. Annualized volatility over the trailing 10 years is 62.01%.

Growth & Income

No dividend is on file for CLF.

The strongest complete calendar year on file is 2020 at +77.38%; the weakest is 2024 at −53.97%. Of the 9 complete calendar years on file, 6 finished higher. So far in 2026 the price is −5.87%.

Peer Comparison

Cleveland-Cliffs Inc. (CLF) operates in the Steel industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Cleveland-Cliffs Inc. CLF $7.13B —
ArcelorMittal S.A. MT $59.37B 33.1
Nucor Corporation NUE $59.23B 21.0
Steel Dynamics, Inc. STLD $34.69B 22.0

The Steel industry average P/E ratio is 22.3x. Cleveland-Cliffs Inc. has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About Cleveland-Cliffs Inc.

Cleveland-Cliffs Inc. operates as a steel producer in the United States and Canada. It offers hot-rolled, cold-rolled, and coated products, such as aluminized, electrogalvanized, and galvalume products, as well as galvanneal and hot-dipped galvanized products; stainless and electrical products, including GOES, NOES, and auto chrome; plate products; and slab and other steel products. The company also provides non- steelmaking products comprising stamped components, tool and die, and tubing; and scrap, iron ore, HBI, coal, and coke products. It also provides tubular components, including carbon steel, stainless steel, and electric resistance welded tubing products. In addition, the company is involved in the mining of iron ore; production of pellets and direct reduced iron; and processing of ferrous scrap through primary steelmaking and downstream finishing, stamping, tooling, and tubing. It serves direct automotive, infrastructure and manufacturing, distributors and converters, and steel producers. The company was formerly known as Cliffs Natural Resources Inc. and changed its name to Cleveland-Cliffs Inc. in August 2017. Cleveland-Cliffs Inc. was founded in 1847 and is headquartered in Cleveland, Ohio.

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