Cleveland-Cliffs CLF
NYSE CLF
$11.51 +0.49 (+4.50%)
As of: Sep 30, 2026 · 10:21 AM EDT

Cleveland-Cliffs (CLF) EV to CFO (2009 - 2024)

Updated

Cleveland-Cliffs' EV to CFO was 45.92 in Q4 2024, up 906.2% from 4.56 a year earlier and up 813.4% from the prior quarter.

Analysis

Cleveland-Cliffs (CLF) EV to CFO (2009 - 2024) Analysis & Trends

From Q4 2009 onward, Cleveland-Cliffs has reported EV to CFO for 59 quarters.

  • In earlier years, EV to CFO was 4.56 in FY2023 (+30.2%), 3.51 in FY2022 (-12.2%) and 3.99 in FY2021.
  • The Q4 2024 figure marks the highest quarterly EV to CFO since Q2 2021.
  • Compared with a year earlier, EV to CFO was higher in six of the last eight quarters, with growth averaging 142.3%.
  • The best year-over-year quarter for EV to CFO over five years was Q4 2024 (growth of 906.2%); the worst was Q2 2022 (a decline of 96.8%).
  • Per Business Quant data, CLF's EV to CFO in the three quarters before Q4 2024 was 5.03 (Q3 2024), 3.54 (Q2 2024) and 4.50 (Q1 2024).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Rio Tinto 179.45 Bn 145.58 Bn -
2 Southern Copper 169.08 Bn 147.94 Bn 2.90 Bn
3 Newmont 122.31 Bn 90.49 Bn 4.03 Bn
4 Ternium 109.20 Bn 74.25 Bn 941.02 Mn
5 Freeport-Mcmoran 103.31 Bn 99.46 Bn 2.19 Bn
6 Agnico Eagle Mines 92.04 Bn 92.04 Bn 2.43 Bn
7 Barrick Mining 68.84 Bn 53.58 Bn 2.90 Bn
8 Nucor 55.48 Bn 46.02 Bn 2.03 Bn
9 ArcelorMittal 53.16 Bn 34.19 Bn -
10 Cleveland-Cliffs 6.40 Bn 6.38 Bn 132.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2024 45.92
Sep 30, 2024 5.03
Jun 30, 2024 3.54
Mar 31, 2024 4.50
Dec 31, 2023 4.56
Sep 30, 2023 3.85
Jun 30, 2023 4.66
Mar 31, 2023 5.20
Dec 31, 2022 3.51
Sep 30, 2022 2.33
Jun 30, 2022 2.02
Mar 31, 2022 4.63
Dec 31, 2021 3.99
Sep 30, 2021 7.05
Jun 30, 2021 64.00
Sep 30, 2020 21.88
Jun 30, 2020 20.65
Mar 31, 2020 2.55
Dec 31, 2019 3.37
Sep 30, 2019 2.29
API Access

Cleveland-Cliffs EV to CFO API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=CLF&period=max&api_key=YOUR_API_KEY