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Cleveland-Cliffs CLF Treasury Stock

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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$6.99B+45.5%
Enterprise value$14.63B+17.3%
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:TreasuryStockCommonValue.

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
Outstanding - 570,527,556 shares (2025 - 569,759,243 shares)7676
Capital in excess of par value of shares5,7465,736
Retained deficit(911)(529)
Cost of 35,523,974 common shares in treasury (2025 - 36,292,287 shares)(643)(659)
Accumulated other comprehensive income1,3361,492
Total Cliffs shareholders' equity5,6046,116
Noncontrolling interests214207
TOTAL EQUITY5,8186,323

ITEM 1. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Cleveland-Cliffs's treasury stock?
Cleveland-Cliffs (CLF) reported treasury stock of $643M in Q2 2026.
How has Cleveland-Cliffs's treasury stock changed year-over-year?
Cleveland-Cliffs's treasury stock decreased by 2.6% year-over-year, from $660M to $643M.
What is the long-term trend for Cleveland-Cliffs's treasury stock?
Over 5 years (2020 to 2025), Cleveland-Cliffs's treasury stock has grown at a 13.2% compound annual growth rate (CAGR), from $354M to $659M.
What does treasury stock mean?
Shares repurchased by the company and held in treasury, reducing equity. Recorded at cost and presented as a negative equity component.

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