Cleveland-Cliffs CLF
NYSE CLF
$12.09 -0.20 (-1.67%)
As of: Sep 9, 2026 · 3:59 PM EDT

Cleveland-Cliffs (CLF) EV to CFO (2009 - 2026)

Cleveland-Cliffs' (CLF) quarterly EV to CFO came in at 23.92 in Q2 2026, down 72.55% year-over-year from 87.15 in Q2 2025, and up 256.35% quarter-over-quarter from 15.3 in Q1 2026.

Analysis

Cleveland-Cliffs (CLF) EV to CFO (2009 - 2026) Analysis & Trends

Cleveland-Cliffs (CLF) has reported EV to CFO for 18 consecutive years, with 23.92 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, EV to CFO fell 72.55% year-over-year to 23.92 in Q2 2026; TTM through Jun 2026 was 21.92, a 381.77% decrease from a year earlier, with the FY2025 full-year figure at 16.7, down 136.37% from the prior year.
  • EV to CFO was 23.92 for Q2 2026 at Cleveland-Cliffs, up from 15.3 in the prior quarter.
  • Over five years, EV to CFO peaked at 87.15 in Q2 2025 and troughed at 593.57 in Q4 2025.
  • A 5-year average of 37.98 and a median of 10.21 in 2023 frame the typical range for EV to CFO.
  • The widest YoY moves for EV to CFO: up 514.93% in 2025, down 5709.99% in 2025.
  • Over 5 years, EV to CFO stood at 17.37 in 2022, then retreated by 8.65% to 15.87 in 2023, then tumbled by 164.38% to 10.22 in 2024, then sank by 5709.99% to 593.57 in 2025, then soared by 104.03% to 23.92 in 2026.
  • The last three EV to CFO figures came in at 23.92 (Q2 2026), 15.3 (Q1 2026), and 593.57 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Ternium 116.34 Bn 110.88 Bn 941.02 Mn
2 Nucor 59.22 Bn 57.68 Bn 2.03 Bn
3 Steel Dynamics 34.76 Bn 33.98 Bn 958.97 Mn
4 Gerdau 9.98 Bn 8.94 Bn 558.98 Mn
5 Commercial Metals 7.78 Bn 7.22 Bn 455.14 Mn
6 Cleveland-Cliffs 7.13 Bn 7.27 Bn 132.00 Mn
7 Posco Holdings 4.74 Bn -4.93 Bn 1.11 Bn
8 GRUPO SIMEC, S.A.B. de C.V 4.41 Bn 2.86 Bn -
9 National Steel 1.62 Bn -1.21 Bn 579.08 Mn
10 SunCoke Energy 876.76 Mn 861.96 Mn 100.40 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 23.92
Mar 31, 2026 -15.30
Dec 31, 2025 -593.57
Sep 30, 2025 -43.43
Jun 30, 2025 87.15
Mar 31, 2025 -12.07
Dec 31, 2024 -10.22
Sep 30, 2024 -73.56
Jun 30, 2024 14.17
Mar 31, 2024 77.63
Dec 31, 2023 15.87
Sep 30, 2023 10.57
Jun 30, 2023 9.85
Mar 31, 2023 -246.90
Dec 31, 2022 17.37
Sep 30, 2022 13.33
Jun 30, 2022 9.44
Mar 31, 2022 32.15
Dec 31, 2021 9.78
Sep 30, 2021 6.70