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Annual · values202520242023202220212020201920182017201620152014
Gross Margin-4.62%0.33%6.24%10.95%22.18%4.71%28.93%34.71%21.53%18.46%11.75%9.76%
Operating Margin-8.48%-3.94%3.08%8.43%19.62%-2.65%21.57%28.86%18.18%11.42%7.52%-204.28%
EBITDA Margin-1.85%1.02%7.50%12.93%24.01%3.10%25.85%32.68%21.94%16.89%14.17%-193.38%
Net Margin-7.94%-3.93%1.81%5.81%14.62%-2.28%14.71%48.37%15.75%8.26%-37.22%-156.24%
Current Ratio1.952.081.892.092.151.812.193.163.422.111.691.51
Quick Ratio0.500.550.620.650.690.501.422.973.011.651.121.17
Debt / Equity1.191.060.400.550.952.695.904.93-5.19-1.50-1.36-2.08
ROE-24.17%-11.31%5.06%17.14%54.43%-6.05%81.79%265.94%-82.60%-11.89%37.82%504.73%
ROA-7.39%-3.60%2.28%7.12%15.75%-0.73%8.36%31.96%12.43%9.05%-35.09%-228.32%
Asset Turnover0.930.921.251.231.080.320.570.660.791.100.941.46
Book Value / Share12.0413.8815.4314.879.845.321.261.39-1.52-7.32-12.90-9.35

Cleveland-Cliffs Inc. is a Cleveland-based industrial company focused on flat-rolled steel production and iron ore pellet supply for the North American market. Cleveland-Cliffs serves customers across automotive, infrastructure, manufacturing, and other industrial sectors through a vertically integrated model that spans raw material sourcing, steelmaking, rolling, finishing, and downstream fabrication services. Its operations also include tubular products, stamping, and tooling, supporting a broad range of metal-intensive applications. The company is organized around steelmaking and related business segments, with an emphasis on supplying high-quality steel products and processed materials to commercial and industrial buyers. Cleveland-Cliffs plays a significant role in the North American steel supply chain by combining mineral inputs, ironmaking capabilities, and finished steel products within a single operating platform.