Cleveland-Cliffs Inc.

NYSE CLF

Cleveland-Cliffs Inc. EBIT Margin for the Trailing 12 Months (TTM) ending September 30, 2024: 0.02%

Cleveland-Cliffs Inc. EBIT Margin is 0.02% for the Trailing 12 Months (TTM) ending September 30, 2024, a -99.46% change year over year. EBIT ratio is the ratio of EBIT to revenue, measuring a company's operating profitability without considering non-operating income or expenses.

Cleveland-Cliffs Inc. EBIT Margin for the Trailing 12 Months (TTM) ending September 30, 2023 was 3.72%, a -75.18% change year over year.
Cleveland-Cliffs Inc. EBIT Margin for the Trailing 12 Months (TTM) ending September 30, 2022 was 14.99%, a -17.27% change year over year.
Cleveland-Cliffs Inc. EBIT Margin for the Trailing 12 Months (TTM) ending September 30, 2021 was 18.12%.

Key data

Date	EBIT Margin	EPS (Basic)	EPS (Diluted)	Shares (Basic, Weighted)

NYSE: CLF

Cleveland-Cliffs Inc.

CEO	Mr. C. Lourenco Goncalves
IPO Date	Nov. 5, 1987
Location	United States
Headquarters	200 Public Square
Employees	30,000
Sector	Materials
Industries Steel Aluminum Coal Composite Materials Copper Metals Mining Petrochemicals

Description

Cleveland-Cliffs Inc. operates as a flat-rolled steel producer in North America. The company offers carbon steel products, such as hot-rolled, cold-rolled, electrogalvanized, hot-dip galvanized, hot-dip galvannealed, aluminized, enameling, and advanced high-strength steel products; stainless steel products; plates; and grain oriented and non-oriented electrical steel products. It also provides tubular components, including carbon steel, stainless steel, and electric resistance welded tubing. In addition, the company offers tinplate products, such as electrolytic tin coated and chrome coated sheet, and tin mill products; tooling and sampling; raw materials; ingots, rolled blooms, and cast blooms; and hot-briquetted iron products. Further, it owns five iron ore mines in Minnesota and Michigan. The company serves automotive, infrastructure and manufacturing, distributors and converters, and steel producers. Cleveland-Cliffs Inc. was formerly known as Cliffs Natural Resources Inc. and changed its name to Cleveland-Cliffs Inc. in August 2017. The company was founded in 1847 and is headquartered in Cleveland, Ohio.

Key trends

Past 5 years