Operating Income (Annual)

Operating Income: The income after operating expenses.

Cleveland-Cliffs Inc. (CLF) had Operating Income of $-756.00M for the most recently reported fiscal year, ending 2024-12-31.

Quarterly Annual

Figures for fiscal year ending 2024-12-31

Income Statement Financials
Revenue	$19.18B
Net Income	$-754.00M
Cost of Goods Sold	$19.11B
Gross Profit	$70.00M
Operating Expenses	$19.94B
Operating Income	$-756.00M
Non-Operating Income/Expense	$-187.00M
Pre-Tax Income	$-943.00M
Normalized Pre-Tax Income	$-943.00M
Income after Taxes	$-708.00M
Income from Continuous Operations	$-708.00M
Consolidated Net Income/Loss	$-708.00M
Normalized Income after Taxes	$-708.00M
EBIT	$-756.00M
EBITDA	$195.00M
Weighted-Average Shares Outstanding (Basic)	480.00M
Weighted-Average Shares Outstanding (Diluted)	480.00M
Earnings per Share (EPS) (Basic)	$-1.57
Earnings per Share (EPS) (Diluted)	$-1.57
Balance Sheet Financials
Current Assets	$6.91B
Property, Plant, and Equipment	$9.94B
Long-Term Assets	$14.04B
Total Assets	$20.95B
Current Liabilities	$3.32B
Long-Term Debt	$7.07B
Long-Term Liabilities	$10.73B
Total Liabilities	$14.05B
Common Equity	$6.90B
Tangible Shareholders Equity	$3.96B
Shareholders Equity	$6.90B
Common Shares Outstanding	493.95M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$105.00M
Cash Flow from Investing Activities	$-3.21B
Cash Flow from Financial Activities	$2.97B
Beginning Cash	$198.00M
End Cash	$60.00M
Increase/Decrease in Cash	$-138.00M
Stock-Based Compensation	--
Common Stock Dividends Paid	--
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	2.08
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.51
Debt to Equity Ratio	1.02
Gross Margin	0.36%
Operating Margin	-3.94%
EBIT Margin	-3.94%
EBITDA Margin	1.02%
Pre-Tax Profit Margin	-4.92%
Profit Margin	-3.93%
Free Cash Flow	$-590.00M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.92
Inventory Turnover	3.75
Receiveable Turnover	12.17
Days Sales in Receivables	29.98
Return on Equity	-10.27%
Return on Tangible Equity	-17.88%
Return on Assets	-3.38%
Return on Investments	-5.07%
Book Value Per Share	$13.96
Free Cash Flow per Share	$-1.23
Operating Cash Flow per Share	$0.22

Data from Zacks Investment Research, Inc.