Price as of close on Nov 3, 2026 · Financials updated Nov 2, 2026
Basics
Sector
Basic Materials
Industry
Steel
Country
United States
Market cap
8.1B USD
Enterprise value
15.9B USD
Full-time employees
25,000
Overall health
Drawback:less profitable than most peersless profitable than peers
Drawback:growing more slowly than most peersgrowing more slowly than peers
Drawback:its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings
Drawback:higher risk than most peers: its share price swings more than most peers’ (beta 1.98 vs a peer median of 0.69) and more debt relative to equity (1.28× vs a peer median of 0.36×)higher risk: bigger price swings (beta 1.98 vs peers 0.69) and more debt vs equity (1.28× vs peers 0.36×)
Ranks #1,143 of 1,217 basic materials companies (bottom 7%)
Valuation signals disagree.Cheaper than 40% of peers on operating cash profit (EBITDA), but only 0% on earnings.Cheaper than 40% of peers on operating cash profit, but only 0% on earnings.
Relative to its operating cash profit (EBITDA), Cleveland-Cliffs looks cheaper than 40% of peers; relative to its earnings, cheaper than only 0%. The valuation score blends the two, so look at which measure fits this business best.Relative to its operating cash profit, Cleveland-Cliffs looks cheaper than 40% of peers; relative to its earnings, cheaper than only 0%. The valuation score blends the two, so look at which measure fits this business best.
Not profitable yet. Reported a loss over the last 12 months.
Cleveland-Cliffs reported a net loss over the last twelve months, so earnings-based measures can't show it as cheap.
Revenue is falling. Revenue fell 3.0% in the fiscal year to Dec 2025 vs the year before.
Cleveland-Cliffs's revenue fell 3.0% in the fiscal year to Dec 2025 vs the year before.
More volatile share price. Beta 1.98: tends to move more than the market.
Cleveland-Cliffs's shares have swung more with the market than most peers' (beta 1.98, above the market's 1.0).
StockQuotient Score
19/ 100▲ 4 since Oct 27 closeOct 5 16 → Nov 4 19 (+3)Fundamentals: Yahoo Finance, not primary filings
Why it changed since the Oct 27, 2026 close: Score 20 → 28
Company's reported figures updated+9
Peer companies moved-1
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Sector-normalized EBITDA, earnings, and free cash flow yields.
Earnings yield-5.9%
Yahoo Finance · trailing 12 monthsNegative (a loss or cash outflow), so it counts as zero whatever the share price30% base weight · Z-score -1.00Sector median: 0.0364 · MAD: 0.0364
Yahoo Finance · trailing 12 months · operating cash flow − capital spendingNegative (a loss or cash outflow), so it counts as zero whatever the share price20% base weight · Z-score -1.00Sector median: 0.0261 · MAD: 0.0261
Why it changed since the Oct 27, 2026 close: Score 12 → 19
Company's reported figures updated+7
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Questions investors ask about Cleveland-Cliffs
Is Cleveland-Cliffs getting weaker?
Filing-by-filing changes are tracked only for companies that file with the US SEC. Its overall score is 19/100, up 4 since Oct 28, 2026.
How is Cleveland-Cliffs valued vs its peers?
Priced higher than most peers relative to what it earns. Valuation scores 28/100 against 1,371 basic materials peers.Earnings yield -5.9% vs a peer median of 3.6% (weaker than 100% of peers).Earnings yield -5.9% vs peers 3.6% (weaker than 100% of peers).
Is Cleveland-Cliffs growing?
More slowly than most of its peers. Growth scores 27/100 against 1,371 basic materials peers.3-year revenue growth -6.8% vs a peer median of -0.0% (weaker than 74% of peers).3-year revenue growth -6.8% vs peers -0.0% (weaker than 74% of peers).
How profitable is Cleveland-Cliffs?
Less profitable than most of its peers. Profitability scores 19/100 against 1,371 basic materials peers.Operating margin -7.8% vs a peer median of 7.6% (weaker than 91% of peers).Operating margin -7.8% vs peers 7.6% (weaker than 91% of peers).
How risky is Cleveland-Cliffs?
Higher risk relative to 1,371 basic materials peers, judged on debt, liquidity and share-price swings.Beta 1.98 vs a peer median of 0.69 (weaker than 100% of peers).Beta 1.98 vs peers 0.69 (weaker than 100% of peers). A relative measure, not a bankruptcy probability.
Industry valuation context
Sector: Basic Materials · 121 companies
Valuations in Basic Materials are near the top of their range since 2016.
84% of months since 2016 were valued lower than now.
43% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +23% and earnings +13% (medians): prices and earnings moved broadly together.
Median price-to-sales is −9% vs the whole market, against a usual −27%.
2016Shaded: most expensive fifth of its range2026
Shown for Basic Materials: too few Steel companies have a long enough history of their own.
This is a cyclical group: after a downturn, trailing earnings and sales fall faster than prices, which can make valuations look high near a cycle's low.
Describes valuations since 2016; it does not predict prices. US companies worth $1B+, from SEC filings and month-end prices, as of Aug 2026. Today's companies and industry labels are used throughout. Measured on earnings, EBITDA, sales and free cash flow yields. How this works
Financials
Detailed annual statements come from structured SEC filing data, which most US companies and some foreign filers provide. They aren’t available for this company yet.
CLF price history
Price history is added with the daily price update and will appear after the next one.