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Cleveland-Cliffs CLF Other countries — Property, plant and equipment, net

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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$7.22B+55.7%
Enterprise value$14.85B+20.7%
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 other countries — property, plant and equipment, net?
Cleveland-Cliffs (CLF) reported other countries — property, plant and equipment, net of $1M in Q4 2025.
How has Cleveland-Cliffs's other countries — property, plant and equipment, net changed year-over-year?
Cleveland-Cliffs's other countries — property, plant and equipment, net decreased by 0.0% year-over-year, from $1M to $1M.
What does other countries — property, plant and equipment, net mean?
This metric measures the net book value of tangible long-term assets, such as machinery, buildings, and infrastructure, held by the company in international jurisdictions. It serves as an indicator of the capital intensity and physical footprint of the company's global operations. Investors use this to evaluate the company's investment in foreign production capacity and the potential for future asset-based returns in those regions.

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