Cleveland-Cliffs Inc. (CLF) is a publicly traded company in the Basic Materials — Steel industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Cleveland-Cliffs Inc. stands as a prominent North American manufacturer specializing in flat-rolled steel. The company's diverse product portfolio encompasses a wide array of carbon steel forms, including hot-rolled, cold-rolled, electrogalvanized, hot-dip galvanized, hot-dip galvannealed, aluminized, enameling, and advanced high-strength steel.
Is Cleveland-Cliffs Inc. stock overvalued or undervalued in 2026?
As of October 30, 2026, Cleveland-Cliffs Inc. (CLF) trades at $14.25 with no positive earnings over the last twelve months, according to Kaplio. No valuation verdict: it has no earnings to calculate a P/E from.
Kaplio overview: Cleveland-Cliffs Inc.
Market cap $8B · 52 weeks $8 – $15 (6 % below the high) · P/E no earnings · 2027 expected P/E 11.0× · Dividend none · Next earnings February 8, 2027 · expected EPS $0.43 · Closing price, Oct 30 · accounts published Oct 19.
- Valuation: EV/EBITDA 15.9× (no earnings).
- Business: ROIC −1 % (weak).
- Balance sheet: Net cash/EBITDA 82.0× (solid).
- Earnings: 6 of 8 (uneven).
What would it be worth at its usual multiples?
No valuation verdict: it has no earnings to calculate a P/E from.
In cyclicals the P/E misleads: today's earnings are not the normal ones.
What matters in materials: 3 of 7 pass
- FCF yield −11.8 %, fails.
- Gross margin −4.1 %, fails.
- Capex / D&A 0.5×, fails.
- Altman Z-Score 1.1, fails.
- Net debt / EBITDA (trough) −82.0×, passes.
- P/B across cycles 1.4×, passes.
- Cycle-adjusted EV/EBITDA 15.9×, passes.
Against its peers (reference peers) — Cleveland-Cliffs Inc.: P/E —; EV/EBITDA 15.9×; ROIC -0.8 %; $8.1B. Gerdau S.A. (P/E 15.2×; EV/EBITDA 5.1×; ROIC 4.8 %; $9.2B), Commercial Metals Company (P/E 10.9×; EV/EBITDA 7.7×; ROIC 9.2 %; $7.0B), Ternium S.A. (P/E 14.6×; EV/EBITDA 6.2×; ROIC 3.8 %; $10.4B).
Profitability
| Return on Equity | -8.14% |
| Return on Invested Capital | -0.76% |
| Return on Assets | -2.33% |
| Gross Margin | 1.93% |
| Operating Margin | -1.01% |
| Net Margin | -2.36% |
Financial Health
| Debt / Equity | 1.34 |
| Current Ratio | 1.87 |
| Piotroski F-Score | 1 |
| Altman Z-Score | 1.14 |
Price Performance
| 1 month | +24.32% |
| 3 months | +23.78% |
| Year-to-date | +7.38% |
| 1 year | +14.72% |
| 3 years | -14.92% |
| 5 years | -38.61% |
| 10 years | +160.69% |
Dividend History
| Date | Amount |
|---|---|
| 2020-04-02 | $0.0600 |
| 2020-01-02 | $0.0600 |
| 2019-10-03 | $0.0600 |
| 2019-07-03 | $0.0600 |
| 2019-04-04 | $0.0500 |
| 2019-01-03 | $0.0500 |
| 2014-11-12 | $0.1500 |
| 2014-08-13 | $0.1500 |
| 2014-05-21 | $0.1500 |
| 2014-02-19 | $0.1500 |
Amounts adjusted for stock splits.
Related companies: STLD · MT · NUE · RS · GGB · TX · CMC · WS
Explore sector: Basic Materials · Steel
More sections of CLF: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method today · Companies that pass the Lynch method today · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks