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Cleveland-Cliffs CLF Canada — Property, plant and equipment, net

Other geography segments

United States
$8.62B-2.2%

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Other financials

Income statement

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Revenue$5.2B+5.9%
Gross profit$132.0M+162%
Operating income-$49.0M+90.2%
Net income-$134.0M+71.7%
EPS (diluted)-$0.25+74.5%

Balance sheet

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Cash & equivalents$70.0M+14.8%
Total debt$7.7B-0.3%
Total equity$5.6B-3.7%
Total assets$20.1B-1.7%

Cash flow

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Operating cash flow-$325.0M+7.4%
CapEx$157.0M+40.2%
Free cash flow-$477.0M+5.2%

Valuation

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Market cap$6.98B+50.5%
Enterprise value$14.61B+18.8%
P/S0.4×+0.1×

Profitability

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Gross margin-1.1%
Operating margin-4.2%-1.5pp
Net margin-4.3%-1.5pp
FCF margin-5.3%-0.3pp

Returns & leverage

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Return on equity-14.6%-4.3pp
Debt / equity1.4×0.0×
Current ratio1.9×-0.2×

Where this comes from

Reported directly by Cleveland-Cliffs in its filing.

Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentNet.

The source filing: Cleveland-Cliffs’s 10-K, filed February 9, 2026.

Filed
Feb 9, 2026, 4:28 PM EST
Fiscal year
FY2025
Accession
0000764065-26-000025
(In millions)Year Ended December 31, 2025Year Ended December 31, 2024Year Ended December 31, 2023
Canada2,0711,0671,046
Other countries652778950
Total revenues$18,610$19,185$21,996
Property, plant and equipment, net:
United States$8,173$8,622$8,816
Canada1,3071,31978
Other countries111
Total property, plant and equipment, net$9,481$9,942$8,895

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Cleveland-Cliffs's canada — property, plant and equipment, net?
Cleveland-Cliffs (CLF) reported canada — property, plant and equipment, net of $1.31B in Q4 2025.
How has Cleveland-Cliffs's canada — property, plant and equipment, net changed year-over-year?
Cleveland-Cliffs's canada — property, plant and equipment, net decreased by 0.9% year-over-year, from $1.32B to $1.31B.
What does canada — property, plant and equipment, net mean?
This metric measures the net book value of long-term tangible assets located in the Canadian segment, including land, buildings, machinery, and equipment, after accounting for accumulated depreciation. It represents the capital intensity and the physical infrastructure supporting production capabilities in this region. Monitoring this value helps investors evaluate the scale of regional asset investment and the potential for future production capacity.

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