Cleveland-Cliffs Inc

NYSE CLF

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Cleveland-Cliffs Inc Research and Development (R&D) Expense Ratio 2 year CAGR for the Trailing 12 Months (TTM) ending September 30, 2019

Cleveland-Cliffs Inc Research and Development (R&D) Expense Ratio 2 year CAGR is NA for the Trailing 12 Months (TTM) ending September 30, 2019. The RD expense ratio measures the proportion of a company's research and development (R&D) expenses to its revenue. It is calculated by dividing the R&D expenses by the revenue. This ratio indicates the level of investment in R&D relative to the company's revenue generation. A higher ratio suggests a greater allocation of resources towards research and development activities, indicating a focus on innovation and potential future growth. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
NYSE: CLF

Cleveland-Cliffs Inc

CEO Mr. C. Lourenco Goncalves
IPO Date Nov. 5, 1987
Location United States
Headquarters 200 Public Square, Cleveland, OH, United States, 44114-2315
Employees 28,000
Sector Basic Materials
Industry Steel
Description

Cleveland-Cliffs Inc. operates as a flat-rolled steel producer in North America. The company offers hot-rolled, cold-rolled, electrogalvanized, hot-dip galvanized, hot-dip galvannealed, aluminized, galvalume, enameling, and advanced high-strength steel products; austenitic, martensitic, duplex, precipitation hardening, and ferritic stainless steel products; plates; and grain oriented and non-oriented electrical steel products, as well as slab, scrap, iron ore, coal, and coke. 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; 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. 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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StockViz Staff

September 20, 2024

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