RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Cleveland-Cliffs Net Income 2024

Cleveland-Cliffs Net Income

652.69 M USD

Cleveland-Cliffs Dividend yield

0.67 %

Ticker

CLF

ISIN

US1858991011

WKN

A2DVSM

In 2024, Cleveland-Cliffs's profit amounted to 652.69 M USD, a 63.58% increase from the 399 M USD profit recorded in the previous year.

The Cleveland-Cliffs Net Income history

YEARNET INCOME (undefined USD)
2026e1.18
2025e0.91
2024e0.65
20230.4
20221.34
20212.99
2020-0.12
20190.29
20181.13
20170.37
20160.17
2015-0.79
2014-7.28
20130.37
2012-0.9
20111.62
20101.02
20090.21
20080.52
20070.27
20060.28
20050.27
20040.32

Cleveland-Cliffs Aktienanalyse

What does Cleveland-Cliffs do?

Cleveland-Cliffs Inc. is a US mining company specializing in the production of iron ore and steel. The company originated in 1847 as the Cleveland Iron Mining Company. It has three main business areas: iron ore production, steel production, and the manufacturing of high-quality metallurgical products. Cleveland-Cliffs is the largest independent iron ore producer in North America and the largest integrated steel producer in the USA. The company's iron ore production includes mines in Michigan and Minnesota, and it is a major supplier of iron ore to steel manufacturers in the USA. Cleveland-Cliffs also produces iron ore pellets, which are an important raw material for the steel industry. Its steel production is based on integrated smelting facilities that encompass the entire process from iron ore extraction to steel production. The company produces a wide range of quality products, including hot-rolled coiled bands, cold-rolled products, and galvanized products. Cleveland-Cliffs is also a leader in the production of high-quality metallurgical products used in aerospace, defense, and other demanding industries. It produces high-purity chromium and vanadium oxide powders, as well as ferroalloys used in steel production and other demanding applications. Over the years, Cleveland-Cliffs has undergone several mergers and acquisitions, increasing its size, scope, and business expansion. In 2018, Cleveland-Cliffs acquired steel manufacturer AK Steel, making it one of the largest production companies in North America. The company's business model is based on maximizing production efficiency, reducing costs, and increasing profitability. It also emphasizes environmentally friendly production, striving to reduce energy consumption and CO2 emissions. Cleveland-Cliffs has launched various initiatives in recent years to improve its environmental footprint. For example, it installed a carbon emission reduction facility at its smelting plant in Michigan and initiated energy-saving and waste reduction measures. Overall, Cleveland-Cliffs has a long history as a leading company in iron ore production and steel manufacturing. It has expanded its operations and improved its environmental performance in order to deliver high-quality products to its customers while ensuring sustainable production. Cleveland-Cliffs ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding Cleveland-Cliffs's Profit Margins

The profit margins of Cleveland-Cliffs represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Cleveland-Cliffs's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating Cleveland-Cliffs's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

Cleveland-Cliffs's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When Cleveland-Cliffs’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about Cleveland-Cliffs Stock

How much profit has Cleveland-Cliffs made this year?

Cleveland-Cliffs has made 652.69 M USD this year.

How has the profit developed compared to last year?

The profit has increased by 63.58% compared to last year increased

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does Cleveland-Cliffs publish its earnings?

Cleveland-Cliffs publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of Cleveland-Cliffs?

The profits of Cleveland-Cliffs are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of Cleveland-Cliffs?

You can learn more about the earnings of Cleveland-Cliffs by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does Cleveland-Cliffs pay?

Over the past 12 months, Cleveland-Cliffs paid a dividend of 0.12 USD . This corresponds to a dividend yield of about 0.67 %. For the coming 12 months, Cleveland-Cliffs is expected to pay a dividend of 0 USD.

What is the dividend yield of Cleveland-Cliffs?

The current dividend yield of Cleveland-Cliffs is 0.67 %.

When does Cleveland-Cliffs pay dividends?

Cleveland-Cliffs pays a quarterly dividend. This is distributed in the months of August, November, February, May.

How secure is the dividend of Cleveland-Cliffs?

Cleveland-Cliffs paid dividends every year for the past 3 years.

What is the dividend of Cleveland-Cliffs?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Cleveland-Cliffs located?

Cleveland-Cliffs is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Cleveland-Cliffs kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Cleveland-Cliffs from 4/15/2020 amounting to 0.06 USD, you needed to have the stock in your portfolio before the ex-date on 4/2/2020.

When did Cleveland-Cliffs pay the last dividend?

The last dividend was paid out on 4/15/2020.

What was the dividend of Cleveland-Cliffs in the year 2023?

In the year 2023, Cleveland-Cliffs distributed 0 USD as dividends.

In which currency does Cleveland-Cliffs pay out the dividend?

The dividends of Cleveland-Cliffs are distributed in USD.

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Andere Kennzahlen von Cleveland-Cliffs

Our stock analysis for Cleveland-Cliffs Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Cleveland-Cliffs Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.