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Cleveland-Cliffs CLF Other Businesses — Capital additions

Other segment segments

Steelmaking
$124M+0.8%
Eliminations
$0

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Other financials

Income statement

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Revenue$4.9B+6.3%
Gross profit-$82.0M+79.3%
Operating income-$213.0M+60.8%
Net income-$229.0M+52.9%
EPS (diluted)-$0.42+58.4%

Balance sheet

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Cash & equivalents$45.0M-21.1%
Total debt$7.8B+2.1%
Total equity$5.8B-6.9%
Total assets$20.1B-3.5%

Cash flow

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Operating cash flow-$325.0M+7.4%
CapEx$152.0M0.0%
Free cash flow-$477.0M+5.2%

Valuation

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Market cap$7B+18.6%
Enterprise value$14.72B+8.0%
P/S0.4×+0.1×

Profitability

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Gross margin-2.9%
Operating margin-6.6%-0.2pp
Net margin-6.2%0.0pp
FCF margin-5.3%-0.3pp

Returns & leverage

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Return on equity-19.3%+3.1pp
Debt / equity1.3×+0.1×
Current ratio-0.1×

Where this comes from

Reported directly by Cleveland-Cliffs in its filing.

Tagged under the XBRL concept us-gaap:SegmentExpenditureAdditionToLongLivedAssets.

The official record: Cleveland-Cliffs’s 10-Q, filed April 21, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cleveland-Cliffs's other businesses — capital additions?
Cleveland-Cliffs (CLF) reported other businesses — capital additions of $2M in Q1 2026.
How has Cleveland-Cliffs's other businesses — capital additions changed year-over-year?
Cleveland-Cliffs's other businesses — capital additions decreased by 66.7% year-over-year, from $6M to $2M.
What is the long-term trend for Cleveland-Cliffs's other businesses — capital additions?
Over 4 years (2021 to 2025), Cleveland-Cliffs's other businesses — capital additions has grown at a -33.8% compound annual growth rate (CAGR), from $52M to $10M.
What does other businesses — capital additions mean?
This represents the cash outflows for investments in property, plant, and equipment intended to maintain or expand the segment's productive capacity. It indicates the level of capital reinvestment and long-term commitment to the segment's infrastructure.