What is Cleveland-Cliffs's steelmaking — stelco acquisition?

Cleveland-Cliffs (CLF) reported steelmaking — stelco acquisition of $4M in Q4 2025.

How has Cleveland-Cliffs's steelmaking — stelco acquisition changed year-over-year?

Cleveland-Cliffs's steelmaking — stelco acquisition decreased by 98.0% year-over-year, from $196.5M to $4M.

What does steelmaking — stelco acquisition mean?

This metric captures the direct financial costs and capital outlays associated with the acquisition of Stelco within the steelmaking segment. It represents the investment made to integrate new production capacity and market share into the existing business structure. Analyzing this figure allows stakeholders to evaluate the capital intensity and strategic expansion efforts of the company.

Cleveland-Cliffs CLF Steelmaking — Stelco Acquisition

Other segment segments

Other Businesses

$0—

Similar metrics at other companies

CMCNorth America Steel Group — CapEx

$94.61M+47.3%

NUESteel Mills — Payments To Acquire Property Plant And Equipment Including Non Cash Adjustments For Capital Expenditures

$440M-27.8%

STLDSteel Operations — Segment Expenditure Addition To Long Lived Assets

$48.45M-47.3%

CMCNorth America Steel Group — Acquisitions

$0—

NUESteel Products — Payments To Acquire Property Plant And Equipment Including Non Cash Adjustments For Capital Expenditures

$130M-15.6%

NUESteel Products — Total Assets

$11.94B+5.8%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow-$325.0M+7.4%

CapEx$152.0M0.0%

Free cash flow-$477.0M+5.2%

Valuation

See full

Market cap$7B+18.6%

Enterprise value$14.72B+8.0%

P/S0.4×+0.1×

Profitability

See full

Gross margin-2.9%—

Operating margin-6.6%-0.2pp

Net margin-6.2%0.0pp

FCF margin-5.3%-0.3pp

Returns & leverage

See full

Return on equity-19.3%+3.1pp

Debt / equity1.3×+0.1×

Current ratio2×-0.1×

Where this comes from

Reported directly by Cleveland-Cliffs in its filing.

Tagged under the XBRL concept us-gaap:GoodwillAcquiredDuringPeriod.

The official record: Cleveland-Cliffs’s 10-K, filed February 9, 2026, on SEC EDGAR. View the filing →

Ask your AI about Cleveland-Cliffs's steelmaking — stelco acquisition.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Cleveland-Cliffs's steelmaking — stelco acquisition?: Cleveland-Cliffs (CLF) reported steelmaking — stelco acquisition of $4M in Q4 2025.
How has Cleveland-Cliffs's steelmaking — stelco acquisition changed year-over-year?: Cleveland-Cliffs's steelmaking — stelco acquisition decreased by 98.0% year-over-year, from $196.5M to $4M.
What does steelmaking — stelco acquisition mean?: This metric captures the direct financial costs and capital outlays associated with the acquisition of Stelco within the steelmaking segment. It represents the investment made to integrate new production capacity and market share into the existing business structure. Analyzing this figure allows stakeholders to evaluate the capital intensity and strategic expansion efforts of the company.