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Goodwill at other companies

Nucor logo
NucorNUE
$4.3B+0.2%
Steel Dynamics logo
Steel DynamicsSTLD
$477.47M0.0%
Suncoke Energy logo
Suncoke EnergySXC
$53.5M+85.1%
Reliance logo
RelianceRS
$2.17B+0.2%
Worthington Steel logo
Worthington SteelWS
$44.5M-44.1%
Commercial Metals logo
Commercial MetalsCMC
$2.13B+456%

Segments

By segment

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Steelmaking$1.74B-1.7%
Other Businesses$49M0.0%

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:Goodwill.

The source filing: Cleveland-Cliffs’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 4:08 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000764065-26-000100
(In millions, except share information)June 30,2026December 31,2025
Total current assets6,8146,435
Non-current assets:
Property, plant and equipment, net9,2399,481
Goodwill1,7841,814
Intangible assets, net1,0631,135
Pension and OPEB assets547469
Other non-current assets668678
TOTAL ASSETS$20,115$20,012

ITEM 1. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Cleveland-Cliffs's goodwill?
Cleveland-Cliffs (CLF) reported goodwill of $1.78B in Q2 2026.
How has Cleveland-Cliffs's goodwill changed year-over-year?
Cleveland-Cliffs's goodwill decreased by 1.7% year-over-year, from $1.81B to $1.78B.
What is the long-term trend for Cleveland-Cliffs's goodwill?
Over 5 years (2020 to 2025), Cleveland-Cliffs's goodwill has grown at a 5.2% compound annual growth rate (CAGR), from $1.41B to $1.81B.
What does goodwill mean?
The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.

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