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Cleveland-Cliffs CLF Other Businesses — Goodwill

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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:Goodwill.

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 — goodwill?
Cleveland-Cliffs (CLF) reported other businesses — goodwill of $49M in Q1 2026.
How has Cleveland-Cliffs's other businesses — goodwill changed year-over-year?
Cleveland-Cliffs's other businesses — goodwill decreased by 0.0% year-over-year, from $49M to $49M.
What is the long-term trend for Cleveland-Cliffs's other businesses — goodwill?
Over 4 years (2021 to 2025), Cleveland-Cliffs's other businesses — goodwill has grown at a -27.2% compound annual growth rate (CAGR), from $696M to $196M.
What does other businesses — goodwill mean?
This represents the intangible asset arising from the acquisition of businesses where the purchase price exceeded the fair value of net identifiable assets. It reflects the premium paid for expected synergies and market presence within the segment.