Cleveland Operating Income from 2010 to 2024

CLF Stock

USD 12.45 0.31 2.55%

Cleveland Cliffs' Operating Income is increasing over the last several years with stable swings. Operating Income is estimated to finish at about 710.9 M this year. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Cleveland Cliffs generates from its operations. View All Fundamentals

Operating Income

First Reported

1985-09-30

Previous Quarter

107 M

Current Value

-259 M

Quarterly Volatility

691.6 M

Black Monday

Oil Shock

Dot-com Bubble

Housing Crash

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Covid

Check Cleveland Cliffs financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cleveland Cliffs' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1 B, Interest Expense of 303.4 M or Selling General Administrative of 605.9 M, as well as many indicators such as Price To Sales Ratio of 0.45, Dividend Yield of 0.0064 or PTB Ratio of 1.19. Cleveland financial statements analysis is a perfect complement when working with Cleveland Cliffs Valuation or Volatility modules.

Check out the analysis of Cleveland Cliffs Correlation against competitors.

For more detail on how to invest in Cleveland Stock please use our How to Invest in Cleveland Cliffs guide.

Latest Cleveland Cliffs' Operating Income Growth Pattern

Below is the plot of the Operating Income of Cleveland Cliffs over the last few years. Operating Income is the amount of profit realized from Cleveland Cliffs operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Cleveland Cliffs is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Cleveland Cliffs' Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cleveland Cliffs' overall financial position and show how it may be relating to other accounts over time.

Operating Income

10 Years Trend

Pretty Stable

Compare to Others All Fundamentals

Operating Income

Timeline

Cleveland Operating Income Regression Statistics

	Arithmetic Mean	170,683,333
	Geometric Mean	456,952,020
	Coefficient Of Variation	1,687
	Mean Deviation	1,388,202,222
	Median	431,500,000
	Standard Deviation	2,880,088,619
	Sample Variance	8294910.5T
	Range	13.4B
	R-Value	0.27
	Mean Square Error	8279345.9T
	R-Squared	0.07
	Significance	0.33
	Slope	174,204,821
	Total Sum of Squares	116128746.3T

Cleveland Operating Income History

	2024	710.9 M
	2023	677 M
	2022	1.9 B
	2021	4 B
	2020	5 M
	2019	429.3 M
	2018	673.2 M

Other Fundumenentals of Cleveland Cliffs

Non Operating Income Net Other

Cleveland Cliffs Operating Income component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock	Long Term Debt	Treasury Stock	Property Plant Equipment	Current Deferred Revenue	Intangible Assets	Short Term Investments	Good Will	Total Permanent Equity	Deferred Long Term Liab	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Long Term Investments	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.91	0.82	0.68	0.82	0.91	0.85	0.17	0.87	0.67	0.75	-0.18	0.94	0.23	0.25	0.08	0.87	-0.25	0.6	0.81	0.88	0.47	-0.09	0.07	-0.63	0.69	0.77	0.78
Total Stockholder Equity	0.91		0.54	0.85	0.73	0.67	0.74	-0.02	0.78	0.59	0.45	-0.16	0.91	0.26	0.23	0.14	0.71	-0.09	0.62	0.96	0.65	0.3	0.04	0.09	-0.56	0.56	0.67	0.67
Net Debt	0.82	0.54		0.29	0.67	0.95	0.71	0.34	0.7	0.49	0.97	-0.19	0.72	0.24	0.17	-0.16	0.76	-0.42	0.47	0.35	0.92	0.48	-0.32	0.07	-0.59	0.59	0.68	0.62
Retained Earnings	0.68	0.85	0.29		0.31	0.36	0.32	-0.22	0.37	0.1	0.21	-0.22	0.82	0.19	0.06	0.03	0.44	0.25	0.74	0.84	0.39	-0.19	0.35	0.32	-0.39	0.19	0.28	0.26
Net Receivables	0.82	0.73	0.67	0.31		0.82	0.99	0.23	0.99	0.9	0.58	0.13	0.6	0.22	0.3	0.35	0.8	-0.28	0.12	0.69	0.78	0.7	-0.18	-0.14	-0.64	0.86	0.96	0.94
Total Liab	0.91	0.67	0.95	0.36	0.82		0.86	0.32	0.85	0.7	0.9	-0.13	0.78	0.18	0.25	0.05	0.89	-0.37	0.43	0.53	0.96	0.61	-0.23	0.02	-0.61	0.75	0.79	0.79
Total Current Assets	0.85	0.74	0.71	0.32	0.99	0.86		0.29	0.99	0.91	0.63	0.09	0.64	0.25	0.3	0.33	0.84	-0.31	0.16	0.68	0.81	0.72	-0.19	-0.12	-0.62	0.86	0.95	0.95
Short Term Debt	0.17	-0.02	0.34	-0.22	0.23	0.32	0.29		0.24	0.22	0.39	0.19	0.05	0.13	-0.06	-0.13	0.27	-0.16	-0.21	-0.1	0.33	0.27	-0.13	0.17	0.05	0.22	0.32	0.25
Accounts Payable	0.87	0.78	0.7	0.37	0.99	0.85	0.99	0.24		0.91	0.6	0.01	0.68	0.22	0.27	0.34	0.84	-0.27	0.19	0.73	0.81	0.69	-0.16	-0.13	-0.68	0.85	0.93	0.96
Common Stock	0.67	0.59	0.49	0.1	0.9	0.7	0.91	0.22	0.91		0.42	0.05	0.44	0.08	0.33	0.45	0.72	-0.39	-0.01	0.57	0.63	0.85	-0.24	-0.31	-0.49	0.84	0.81	0.92
Long Term Debt	0.75	0.45	0.97	0.21	0.58	0.9	0.63	0.39	0.6	0.42		-0.15	0.65	0.25	0.24	-0.24	0.7	-0.5	0.49	0.23	0.89	0.52	-0.37	0.11	-0.41	0.53	0.61	0.54
Treasury Stock	-0.18	-0.16	-0.19	-0.22	0.13	-0.13	0.09	0.19	0.01	0.05	-0.15		-0.3	-0.15	0.24	0.27	-0.14	0.16	-0.4	-0.12	-0.1	0.06	0.14	-0.09	0.36	0.22	0.25	0.01
Property Plant Equipment	0.94	0.91	0.72	0.82	0.6	0.78	0.64	0.05	0.68	0.44	0.65	-0.3		0.13	0.15	-0.1	0.72	-0.18	0.76	0.81	0.77	0.23	-0.05	0.15	-0.55	0.5	0.54	0.57
Current Deferred Revenue	0.23	0.26	0.24	0.19	0.22	0.18	0.25	0.13	0.22	0.08	0.25	-0.15	0.13		0.11	0.09	0.25	-0.02	0.16	0.2	0.13	0.11	0.09	0.12	-0.16	-0.15	0.36	0.16
Intangible Assets	0.25	0.23	0.17	0.06	0.3	0.25	0.3	-0.06	0.27	0.33	0.24	0.24	0.15	0.11		0.24	0.24	-0.24	0.32	0.16	0.22	0.41	-0.12	0.04	0.19	0.29	0.28	0.26
Short Term Investments	0.08	0.14	-0.16	0.03	0.35	0.05	0.33	-0.13	0.34	0.45	-0.24	0.27	-0.1	0.09	0.24		0.23	0.48	-0.2	0.3	0.04	0.28	0.41	0.06	-0.21	0.39	0.36	0.41
Good Will	0.87	0.71	0.76	0.44	0.8	0.89	0.84	0.27	0.84	0.72	0.7	-0.14	0.72	0.25	0.24	0.23		-0.2	0.33	0.61	0.85	0.55	0.14	-0.01	-0.62	0.73	0.78	0.82
Total Permanent Equity	-0.25	-0.09	-0.42	0.25	-0.28	-0.37	-0.31	-0.16	-0.27	-0.39	-0.5	0.16	-0.18	-0.02	-0.24	0.48	-0.2		-0.12	0.1	-0.28	-0.61	0.71	0.56	0.03	-0.23	-0.21	-0.24
Deferred Long Term Liab	0.6	0.62	0.47	0.74	0.12	0.43	0.16	-0.21	0.19	-0.01	0.49	-0.4	0.76	0.16	0.32	-0.2	0.33	-0.12		0.49	0.43	0.0	-0.05	0.37	-0.21	0.1	0.09	0.09
Net Tangible Assets	0.81	0.96	0.35	0.84	0.69	0.53	0.68	-0.1	0.73	0.57	0.23	-0.12	0.81	0.2	0.16	0.3	0.61	0.1	0.49		0.52	0.22	0.16	0.08	-0.55	0.52	0.61	0.66
Long Term Debt Total	0.88	0.65	0.92	0.39	0.78	0.96	0.81	0.33	0.81	0.63	0.89	-0.1	0.77	0.13	0.22	0.04	0.85	-0.28	0.43	0.52		0.58	-0.18	0.11	-0.61	0.79	0.78	0.8
Capital Surpluse	0.47	0.3	0.48	-0.19	0.7	0.61	0.72	0.27	0.69	0.85	0.52	0.06	0.23	0.11	0.41	0.28	0.55	-0.61	0.0	0.22	0.58		-0.48	-0.32	-0.26	0.75	0.67	0.77
Long Term Investments	-0.09	0.04	-0.32	0.35	-0.18	-0.23	-0.19	-0.13	-0.16	-0.24	-0.37	0.14	-0.05	0.09	-0.12	0.41	0.14	0.71	-0.05	0.16	-0.18	-0.48		0.18	0.01	-0.15	-0.11	-0.14
Short Long Term Debt	0.07	0.09	0.07	0.32	-0.14	0.02	-0.12	0.17	-0.13	-0.31	0.11	-0.09	0.15	0.12	0.04	0.06	-0.01	0.56	0.37	0.08	0.11	-0.32	0.18		0.1	-0.13	-0.1	-0.15
Cash And Equivalents	-0.63	-0.56	-0.59	-0.39	-0.64	-0.61	-0.62	0.05	-0.68	-0.49	-0.41	0.36	-0.55	-0.16	0.19	-0.21	-0.62	0.03	-0.21	-0.55	-0.61	-0.26	0.01	0.1		-0.57	-0.59	-0.65
Net Invested Capital	0.69	0.56	0.59	0.19	0.86	0.75	0.86	0.22	0.85	0.84	0.53	0.22	0.5	-0.15	0.29	0.39	0.73	-0.23	0.1	0.52	0.79	0.75	-0.15	-0.13	-0.57		0.83	0.91
Net Working Capital	0.77	0.67	0.68	0.28	0.96	0.79	0.95	0.32	0.93	0.81	0.61	0.25	0.54	0.36	0.28	0.36	0.78	-0.21	0.09	0.61	0.78	0.67	-0.11	-0.1	-0.59	0.83		0.91
Capital Stock	0.78	0.67	0.62	0.26	0.94	0.79	0.95	0.25	0.96	0.92	0.54	0.01	0.57	0.16	0.26	0.41	0.82	-0.24	0.09	0.66	0.8	0.77	-0.14	-0.15	-0.65	0.91	0.91

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About Cleveland Cliffs Financial Statements

Cleveland Cliffs stakeholders use historical fundamental indicators, such as Cleveland Cliffs' Operating Income, to determine how well the company is positioned to perform in the future. Although Cleveland Cliffs investors may analyze each financial statement separately, they are all interrelated. For example, changes in Cleveland Cliffs' assets and liabilities are reflected in the revenues and expenses on Cleveland Cliffs' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Cleveland Cliffs. Please read more on our technical analysis and fundamental analysis pages.

	Last Reported	Projected for Next Year
Operating Income	677 M	710.9 M
Non Operating Income Net Other	152.9 M	160.6 M

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When determining whether Cleveland Cliffs is a strong investment it is important to analyze Cleveland Cliffs' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cleveland Cliffs' future performance. For an informed investment choice regarding Cleveland Stock, refer to the following important reports:

How To Invest In Cleveland

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Is Cleveland Stock a good investment?

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What is Cleveland Cliffs' Net Worth?

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Check out the analysis of Cleveland Cliffs Correlation against competitors.

For more detail on how to invest in Cleveland Stock please use our How to Invest in Cleveland Cliffs guide.

You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cleveland Cliffs. If investors know Cleveland will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cleveland Cliffs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.99)

Earnings Share

(0.94)

Revenue Per Share

41.222

Quarterly Revenue Growth

(0.18)

Return On Assets

0.005

The market value of Cleveland Cliffs is measured differently than its book value, which is the value of Cleveland that is recorded on the company's balance sheet. Investors also form their own opinion of Cleveland Cliffs' value that differs from its market value or its book value, called intrinsic value, which is Cleveland Cliffs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cleveland Cliffs' market value can be influenced by many factors that don't directly affect Cleveland Cliffs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Cleveland Cliffs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cleveland Cliffs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cleveland Cliffs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Cleveland Operating Income from 2010 to 2024

Latest Cleveland Cliffs' Operating Income Growth Pattern

Cleveland Operating Income Regression Statistics

Cleveland Operating Income History

Other Fundumenentals of Cleveland Cliffs

Cleveland Cliffs Operating Income component correlations

About Cleveland Cliffs Financial Statements

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