Cleveland-Cliffs (CLF) EV to EBIT (2009 - 2024)
Cleveland-Cliffs' EV to EBIT was 42.03 in Q2 2024, up 119.9% from 19.11 a year earlier and up 148.6% from the prior quarter.
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Analysis
Cleveland-Cliffs (CLF) EV to EBIT (2009 - 2024) Analysis & Trends
On a trailing twelve-month basis, Cleveland-Cliffs' EV to EBIT was 40.55 through Jun 30, 2024, up 115.7% year-over-year; for FY2023, it came in at 15.70, up 258.4% from FY2022.
- In earlier years, EV to EBIT was 4.38 in FY2022 (+58.0%), 2.77 in FY2021 and 4.47 in FY2019 (+110.6%).
- The Q2 2024 figure marks the highest quarterly EV to EBIT since Q1 2021.
- Compared with a year earlier, EV to EBIT has increased for four straight quarters, with growth averaging 171.7% over the last seven quarters.
- The best year-over-year quarter for EV to EBIT over five years was Q3 2023 (growth of 517.6%); the worst was Q1 2022 (a decline of 96.1%).
- Per Business Quant data, CLF's EV to EBIT in the three quarters before Q2 2024 was 16.91 (Q1 2024), 15.70 (Q4 2023) and 13.62 (Q3 2023).
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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 42.03 |
| Mar 31, 2024 | 16.91 |
| Dec 31, 2023 | 15.70 |
| Sep 30, 2023 | 13.62 |
| Jun 30, 2023 | 19.11 |
| Mar 31, 2023 | 11.83 |
| Dec 31, 2022 | 4.38 |
| Sep 30, 2022 | 2.21 |
| Jun 30, 2022 | 1.74 |
| Mar 31, 2022 | 3.48 |
| Dec 31, 2021 | 2.77 |
| Sep 30, 2021 | 3.39 |
| Jun 30, 2021 | 7.93 |
| Mar 31, 2021 | 89.99 |
| Mar 31, 2020 | 3.75 |
| Dec 31, 2019 | 4.47 |
| Sep 30, 2019 | 3.04 |
| Jun 30, 2019 | 4.56 |
| Mar 31, 2019 | 3.97 |
| Dec 31, 2018 | 2.12 |
API Access
Cleveland-Cliffs EV to EBIT 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-ebit&ticker=CLF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "ticker": "CLF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebit&ticker=CLF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();