Cleveland-Cliffs Inc.
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 h…
Steel
US, Cleveland [HQ]
CLF/Financial Reporting
Income Statements
15 Sheets · Starting from 2009In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,342.00 | 4,682.00 | 6,794.00 | 5,872.00 | 5,691.00 | 4,623.00 | 2,013.00 | 2,109.00 | 2,330.00 | 2,332.00 | 1,989.00 | 5,354.00 | 20,444.00 | 22,989.00 | 21,996.00 | |
|
EPS
|
1.64 | 7.54 | 11.55 | -6.32 | 2.40 | -46.96 | -4.89 | 0.88 | 1.30 | 3.80 | 1.06 | -0.22 | 6.00 | 2.57 | 0.78 | |
| Diluted in mil. | 1.63 | 7.49 | 11.48 | -6.32 | 2.37 | -46.96 | -4.88 | 0.87 | 1.28 | 3.71 | 1.03 | -0.22 | 5.35 | 2.55 | 0.78 | |
|
Profit
|
308.00 | 1,523.00 | 2,688.00 | 1,172.00 | 1,149.00 | 451.00 | 236.00 | 389.00 | 509.00 | 809.00 | 575.00 | 252.00 | 4,534.00 | 2,518.00 | 1,391.00 | |
| Gross Margin | 13.19 | 32.54 | 39.57 | 19.96 | 20.19 | 9.76 | 11.75 | 18.46 | 21.87 | 34.71 | 28.93 | 4.71 | 22.18 | 10.95 | 6.32 | |
| Pre Tax | 290.00 | 1,298.00 | 2,241.00 | -501.00 | 489.00 | -9,584.00 | 313.00 | 207.00 | 137.00 | 564.00 | 312.00 | -193.00 | 3,803.00 | 1,796.00 | 597.00 | |
| Profit Margin | 12.41 | 27.73 | 32.99 | -8.54 | 8.60 | -207.29 | 15.55 | 9.82 | 5.89 | 24.21 | 15.68 | -3.60 | 18.60 | 7.81 | 2.71 | |
| ETR | 7.16 | 22.49 | 18.74 | -51.00 | 11.26 | 13.75 | 54.07 | -5.89 | -183.83 | -84.15 | 5.64 | 57.51 | 20.33 | 23.55 | 24.79 | |
| Net | 205.00 | 1,019.00 | 1,619.00 | -899.00 | 413.00 | -7,189.00 | -749.00 | 174.00 | 374.00 | 1,128.00 | 292.00 | -82.00 | 2,988.00 | 1,335.00 | 399.00 | |
| Profit Margin | 8.76 | 21.78 | 23.83 | -15.31 | 7.27 | -155.48 | -37.22 | 8.26 | 16.09 | 48.37 | 14.71 | -1.53 | 14.62 | 5.81 | 1.81 | |
| EBITDA | 241.00 | 1,315.00 | 2,770.00 | 1,269.00 | 1,516.00 | 538.00 | 286.00 | 356.00 | 522.00 | 779.00 | 516.00 | 313.00 | 5,145.00 | 3,185.00 | 1,996.00 | |
| EBITDA Margin | 10.29 | 28.10 | 40.77 | 21.62 | 26.64 | 11.64 | 14.21 | 16.91 | 22.42 | 33.42 | 25.96 | 5.85 | 25.17 | 13.85 | 9.07 | |
| Operating Income | 230.00 | 1,265.00 | 2,333.00 | -308.00 | 671.00 | -9,426.00 | 151.00 | 240.00 | 431.00 | 673.00 | 429.00 | 5.00 | 4,012.00 | 1,939.00 | 677.00 | |
| Operating Margin | 9.83 | 27.02 | 34.35 | -5.26 | 11.79 | -203.86 | 7.52 | 11.42 | 18.52 | 28.86 | 21.57 | 0.09 | 19.62 | 8.43 | 3.08 | |
| Interest Income | 10.00 | 9.00 | 9.00 | - - | - - | - - | - - | - - | - - | - - | 101.00 | 238.00 | 337.00 | 276.00 | - - | |
| Loss | -1,954.00 | -3,417.00 | -4,460.00 | -5,131.00 | -4,769.00 | -4,616.00 | -1,858.00 | -1,868.00 | -1,898.00 | -1,659.00 | -1,560.00 | -5,406.00 | -16,412.00 | -21,046.00 | -21,182.00 | |
| Cost of Revenue | -2,033.00 | -3,158.00 | -4,105.00 | -4,700.00 | -4,542.00 | -4,172.00 | -1,776.00 | -1,719.00 | -1,820.00 | -1,522.00 | -1,414.00 | -5,102.00 | -15,910.00 | -20,471.00 | -20,605.00 | |
|
Operating Expenses
|
-78.00 | -258.00 | -354.00 | -431.00 | -227.00 | -443.00 | -81.00 | -148.00 | -78.00 | -136.00 | -146.00 | -304.00 | -502.00 | -575.00 | -577.00 | |
| R&D | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| G&A | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| SG&A | -120.00 | -238.00 | -274.00 | -282.00 | -231.00 | -208.00 | -110.00 | -117.00 | -105.00 | -116.00 | -119.00 | -244.00 | -422.00 | -465.00 | -577.00 | |
| S&M | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Depreciation and Amortization | -236.00 | -322.00 | -426.00 | -525.00 | -593.00 | -504.00 | -134.00 | -115.00 | -87.00 | -89.00 | -85.00 | -308.00 | -897.00 | -1,034.00 | -973.00 | |
| Interest Expenses | -39.00 | -69.00 | -216.00 | -195.00 | -179.00 | -185.00 | -228.00 | -200.00 | -132.00 | -118.00 | -101.00 | -238.00 | -337.00 | -276.00 | -289.00 | |
| Other Expenses | -88.00 | -93.00 | -114.00 | -1,047.00 | -253.00 | -9,406.00 | -387.00 | -166.00 | -162.00 | -10.00 | -117.00 | -198.00 | -209.00 | -143.00 | -72.00 | |
|
WA Shares Outstanding
|
125.00 | 135.00 | 140.00 | 142.00 | 151.00 | 153.00 | 153.00 | 197.00 | 288.00 | 297.00 | 276.00 | 379.00 | 498.00 | 519.00 | 510.00 | |
| Diluted | 125.00 | 136.00 | 141.00 | 142.00 | 174.00 | 153.00 | 153.00 | 200.00 | 292.00 | 304.00 | 284.00 | 379.00 | 558.00 | 524.00 | 511.00 |