ClevelandCliffs Inc (0I0H.L)

Basic Materials | Industrial Materials
Income Statement (Quarterly) 2025-09-30 2025-06-30 2025-03-31 2024-12-31
Revenue 4,734,000,000 4,934,000,000 4,629,000,000 4,325,000,000
Cost of Revenue 4,780,000,000 5,143,000,000 5,020,000,000 4,598,000,000
Gross Profit -46,000,000 -209,000,000 -391,000,000 -273,000,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 130,000,000 137,000,000 133,000,000 139,000,000
Operating Expenses 130,000,000 289,000,000 147,000,000 192,000,000
Operating Income -176,000,000 -498,000,000 -538,000,000 -465,000,000
Interest Expense 153,000,000 149,000,000 140,000,000 135,000,000
Income Before Tax -309,000,000 -618,000,000 -630,000,000 -570,000,000
Income Tax Expense -78,000,000 -148,000,000 -147,000,000 -136,000,000
Net Income -251,000,000 -483,000,000 -495,000,000 -447,000,000
Per Share
EPS -0.51 -0.97 -1.00 -0.92
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2024-12-31 2023-12-31 2022-12-31
Revenue 19,185,000,000 21,996,000,000 22,989,000,000
Cost of Revenue 19,115,000,000 20,605,000,000 20,727,000,000
Gross Profit 70,000,000 1,391,000,000 2,262,000,000
Operating Expenses
R&D Expenses 0 0 0
SG&A Expenses 486,000,000 577,000,000 465,000,000
Operating Expenses 826,000,000 714,000,000 546,000,000
Operating Income -756,000,000 677,000,000 1,716,000,000
Interest Expense 370,000,000 289,000,000 285,000,000
Income Before Tax -943,000,000 597,000,000 1,796,000,000
Income Tax Expense -235,000,000 148,000,000 423,000,000
Net Income -754,000,000 399,000,000 1,335,000,000
Per Share
EPS -1.57 0.78 2.57
EPS Diluted 0.00 0.00 0.00
Balance Sheet (Quarterly) 2024-12-31 2023-12-31 2022-12-31
Assets
Cash and Cash Equivalents 54,000,000 198,000,000 26,000,000
Short Term Investments 0 0 0
Net Receivables 1,576,000,000 1,840,000,000 1,960,000,000
Inventory 5,094,000,000 4,460,000,000 5,130,000,000
Total Current Assets 6,907,000,000 6,636,000,000 7,422,000,000
Property Plant Equipment 9,942,000,000 8,895,000,000 9,070,000,000
Goodwill and Intangibles 2,938,000,000 1,206,000,000 1,344,000,000
Total Assets 20,947,000,000 17,537,000,000 18,755,000,000
Liabilities
Account Payables 2,008,000,000 2,099,000,000 2,186,000,000
Short Term Debt 113,000,000 0 136,000,000
Total Current Liabilities 3,322,000,000 3,508,000,000 3,549,000,000
Long Term Debt 7,659,000,000 3,500,000,000 4,249,000,000
Total Liabilities 14,050,000,000 9,415,000,000 10,713,000,000
Shareholders Equity
Retained Earnings 979,000,000 1,733,000,000 1,334,000,000
Total Shareholders Equity 6,664,000,000 7,887,000,000 7,791,000,000
Balance Sheet (Annual) 2024-12-31 2023-12-31 2022-12-31
Assets
Cash and Cash Equivalents 54,000,000 198,000,000 26,000,000
Short Term Investments 0 0 0
Net Receivables 1,576,000,000 1,840,000,000 1,960,000,000
Inventory 5,094,000,000 4,460,000,000 5,130,000,000
Total Current Assets 6,907,000,000 6,636,000,000 7,422,000,000
Property Plant Equipment 9,942,000,000 8,895,000,000 9,070,000,000
Goodwill and Intangibles 2,938,000,000 1,206,000,000 1,344,000,000
Total Assets 20,947,000,000 17,537,000,000 18,755,000,000
Liabilities
Account Payables 2,008,000,000 2,099,000,000 2,186,000,000
Short Term Debt 113,000,000 0 136,000,000
Total Current Liabilities 3,322,000,000 3,508,000,000 3,549,000,000
Long Term Debt 7,659,000,000 3,500,000,000 4,249,000,000
Total Liabilities 14,050,000,000 9,415,000,000 10,713,000,000
Shareholders Equity
Retained Earnings 979,000,000 1,733,000,000 1,334,000,000
Total Shareholders Equity 6,664,000,000 7,887,000,000 7,791,000,000
Cash Flow Statement (Quarterly) 2024-12-31 2023-12-31 2022-12-31
Operating Activities
Net Income -754,000,000 450,000,000 1,332,000,000
Depreciation & Amortization 951,000,000 973,000,000 1,034,000,000
Stock Based Compensation 0 41,000,000 28,000,000
Change in Working Capital -217,000,000 692,000,000 -171,000,000
Operating Cash Flow 105,000,000 2,267,000,000 2,423,000,000
Investing Activities
Capital Expenditure -695,000,000 -646,000,000 -943,000,000
Investments -695,000,000 -646,000,000 -943,000,000
Investing Cash Flow -3,212,000,000 -591,000,000 -936,000,000
Financing Activities
Debt Repayment 3,827,000,000 -1,114,000,000 -1,103,000,000
Common Stock Issued/Repurchased -733,000,000 -152,000,000 -240,000,000
Dividends Paid 0 0 0
Financing Cash Flow 2,970,000,000 -1,504,000,000 -1,509,000,000
Summary
Free Cash Flow -590,000,000 1,621,000,000 1,480,000,000
Net Change in Cash -144,000,000 172,000,000 -22,000,000
Cash Flow Statement (Annual) 2024-12-31 2023-12-31 2022-12-31
Operating Activities
Net Income -754,000,000 450,000,000 1,332,000,000
Depreciation & Amortization 951,000,000 973,000,000 1,034,000,000
Stock Based Compensation 0 41,000,000 28,000,000
Change in Working Capital -217,000,000 692,000,000 -171,000,000
Operating Cash Flow 105,000,000 2,267,000,000 2,423,000,000
Investing Activities
Capital Expenditure -695,000,000 -646,000,000 -943,000,000
Investments -695,000,000 -646,000,000 -943,000,000
Investing Cash Flow -3,212,000,000 -591,000,000 -936,000,000
Financing Activities
Debt Repayment 3,827,000,000 -1,114,000,000 -1,103,000,000
Common Stock Issued/Repurchased -733,000,000 -152,000,000 -240,000,000
Dividends Paid 0 0 0
Financing Cash Flow 2,970,000,000 -1,504,000,000 -1,509,000,000
Summary
Free Cash Flow -590,000,000 1,621,000,000 1,480,000,000
Net Change in Cash -144,000,000 172,000,000 -22,000,000