Cleveland-Cliffs Inc.
CLFBasic MaterialsNASDAQSteel · Last scanned Jul 18, 2026
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Daily timeframeCleveland-Cliffs Inc. operates as a steel producer in the United States and Canada. At a $5.29B market cap, Cleveland-Cliffs Inc. ranks as a mid-cap company within basic materials. 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.
Market Cap
$5.29B
Beta
2.13
P/E (TTM)
—
P/E (Fwd)
24.59
EPS (TTM)
$-2.25
EPS (Fwd)
$0.38
ROE
-18.6%
ROA
-2.7%
Cash
$45.0M
Total Debt
$7.78B
Free CF
-$60.5M
52W Change
-2.1%
Annual Financials
Cash vs Debt
Cleveland-Cliffs Inc. carries $7.78B in total debt against $45.0M in cash reserves — debt is roughly 173.0x the cash position. Managing this leverage effectively will be important for long-term financial stability. The company is burning cash, with free cash flow at -$60.5M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. ROE of -18.6% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has pulled back from $22.99B (2022) to $18.61B (2025), a 19% decline worth watching.
With a beta above 1.5, CLF tends to amplify broader market moves — both up and down. This higher volatility means larger price swings are common. The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. No single metric tells the full story. Reviewing CLF's risk profile alongside its fundamentals and technical indicators provides a more complete picture.