Cleveland-Cliffs Future Growth
Future criteria checks 3/6
Cleveland-Cliffs is forecast to grow earnings and revenue by 103.3% and 4.8% per annum respectively. EPS is expected to grow by 65.7% per annum. Return on equity is forecast to be 3% in 3 years.
Key information
103.3%
Earnings growth rate
65.7%
EPS growth rate
| Metals and Mining earnings growth | 22.3% |
| Revenue growth rate | 4.8% |
| Future return on equity | 3.0% |
| Analyst coverage | Good |
| Last updated | 04 Feb 2025 |
Recent future growth updates
Recent updates
Cleveland-Cliffs: Don't Bite Off More Than You Can Chew
Feb 01These 4 Measures Indicate That Cleveland-Cliffs (NYSE:CLF) Is Using Debt Extensively
Jan 06
Trump, Tariffs, And Turnarounds: Why Cleveland-Cliffs Is A Top Pick For 2025
Dec 10There's No Escaping Cleveland-Cliffs Inc.'s (NYSE:CLF) Muted Revenues
Nov 27Cleveland-Cliffs Falls On Q3 Earnings - A Gift For Long-Term Buyers
Nov 06Cleveland-Cliffs: The American Steel Industry Is In An Economic Depression
Oct 26Cleveland-Cliffs: There's No Sign Of A Turnaround
Oct 08Cleveland-Cliffs (NYSE:CLF) Takes On Some Risk With Its Use Of Debt
Oct 05Cleveland-Cliffs: Things Are Getting From Bad To Worse
Sep 23Cleveland-Cliffs: Cyclical And Pointing Down - Where Would It Be Bullish?
Sep 03The Steel Industry's Best-Kept Secret: Cleveland-Cliffs
Aug 18Cleveland-Cliffs' Acquisition Of Stelco: Surprise M&A Enhances The Story
Jul 16Earnings Tell The Story For Cleveland-Cliffs Inc. (NYSE:CLF)
Jul 14Cleveland-Cliffs Q2 2024 Earnings: Short-Term Tailwinds, But Not A Buy Yet
Jul 09Cleveland-Cliffs: Buy The Dip, Challenges Are Likely Temporary
Jul 01These 4 Measures Indicate That Cleveland-Cliffs (NYSE:CLF) Is Using Debt Extensively
Jun 26Are Investors Undervaluing Cleveland-Cliffs Inc. (NYSE:CLF) By 45%?
Jun 07Cleveland-Cliffs Looks Solid On The Dip
May 28Cleveland-Cliffs Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Apr 26Cleveland-Cliffs Is A Long-Term Growth Strategy
Apr 25Cleveland-Cliffs Q1 2024 Earnings: Capital Allocation And Costs Are In The Spotlight
Apr 18Cleveland-Cliffs Will Prevail, Whatever Happens
Apr 02Cleveland-Cliffs Inc.'s (NYSE:CLF) P/E Still Appears To Be Reasonable
Apr 01These 4 Measures Indicate That Cleveland-Cliffs (NYSE:CLF) Is Using Debt Extensively
Mar 17Why Cleveland-Cliffs Stock Is Poised To Go Higher
Mar 16An Intrinsic Calculation For Cleveland-Cliffs Inc. (NYSE:CLF) Suggests It's 48% Undervalued
Mar 01Cleveland-Cliffs: A 'Trump Trade' With Significant Upside Potential
Feb 27Cleveland-Cliffs' (NYSE:CLF) Soft Earnings Are Actually Better Than They Appear
Feb 15Cleveland-Cliffs Bolsters Shareholder Value
Feb 04Cleveland-Cliffs: What To Expect From Q4 Earnings
Jan 26Why I Am Even More Bullish After Cleveland-Cliffs Failed To Buy U.S. Steel
Jan 04Cleveland-Cliffs Is Still A Bargain
Dec 23Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 22,272 | 624 | 706 | 2,266 | 6 |
| 12/31/2025 | 20,562 | -172 | 135 | 1,300 | 9 |
| 12/31/2024 | 19,163 | -642 | -199 | 498 | 1 |
| 9/30/2024 | 19,972 | -461 | 574 | 1,229 | N/A |
| 6/30/2024 | 21,008 | 44 | 1,414 | 2,080 | N/A |
| 3/31/2024 | 21,900 | 389 | 1,808 | 2,448 | N/A |
| 12/31/2023 | 21,996 | 398 | 1,621 | 2,267 | N/A |
| 9/30/2023 | 21,928 | 337 | 1,396 | 2,104 | N/A |
| 6/30/2023 | 21,976 | 226 | 1,079 | 1,873 | N/A |
| 3/31/2023 | 22,329 | 474 | 956 | 1,851 | N/A |
| 12/31/2022 | 22,989 | 1,332 | 1,480 | 2,423 | N/A |
| 9/30/2022 | 23,291 | 2,424 | 2,123 | 3,071 | N/A |
| 6/30/2022 | 23,642 | 3,503 | 3,176 | 4,051 | N/A |
| 3/31/2022 | 22,350 | 3,561 | 2,892 | 3,697 | N/A |
| 12/31/2021 | 20,444 | 2,798 | 2,080 | 2,785 | N/A |
| 9/30/2021 | 17,354 | 1,984 | 822 | 1,441 | N/A |
| 6/30/2021 | 12,996 | 743 | -368 | 172 | N/A |
| 3/31/2021 | 9,044 | -33 | -996 | -473 | N/A |
| 12/31/2020 | 5,354 | -123 | -783 | -258 | N/A |
| 9/30/2020 | 3,632 | -122 | -450 | 125 | N/A |
| 6/30/2020 | 2,542 | -20 | -522 | 116 | N/A |
| 3/31/2020 | 2,192 | 264 | -146 | 514 | N/A |
| 12/31/2019 | 1,990 | 295 | -88 | 568 | N/A |
| 9/30/2019 | 2,152 | 855 | 123 | 686 | N/A |
| 6/30/2019 | 2,338 | 963 | 217 | 699 | N/A |
| 3/31/2019 | 2,309 | 1,031 | 170 | 529 | N/A |
| 12/31/2018 | 2,332 | 1,040 | 200 | 496 | N/A |
| 9/30/2018 | 2,148 | 749 | 71 | 338 | N/A |
| 6/30/2018 | 2,003 | 572 | N/A | 243 | N/A |
| 3/31/2018 | 1,760 | 428 | N/A | 202 | N/A |
| 12/31/2017 | 1,866 | 365 | N/A | 319 | N/A |
| 9/30/2017 | 2,108 | 130 | N/A | 415 | N/A |
| 6/30/2017 | 2,065 | 84 | N/A | 350 | N/A |
| 3/31/2017 | 2,090 | 12 | N/A | 404 | N/A |
| 12/31/2016 | 1,555 | 97 | N/A | 338 | N/A |
| 9/30/2016 | 1,831 | 58 | N/A | 170 | N/A |
| 6/30/2016 | 1,871 | 110 | N/A | 267 | N/A |
| 3/31/2016 | 1,873 | 54 | N/A | 140 | N/A |
| 12/31/2015 | 2,013 | 104 | N/A | 38 | N/A |
| 9/30/2015 | 2,568 | 382 | N/A | 195 | N/A |
| 6/30/2015 | 2,954 | 1,074 | N/A | 235 | N/A |
| 3/31/2015 | 3,204 | 1,191 | N/A | 213 | N/A |
| 12/31/2014 | 3,373 | 1,093 | N/A | 359 | N/A |
| 9/30/2014 | 3,859 | 883 | N/A | 564 | N/A |
| 6/30/2014 | 4,426 | 264 | N/A | 633 | N/A |
| 3/31/2014 | 5,166 | 323 | N/A | 1,089 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CLF is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.6%).
Earnings vs Market: CLF is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CLF is expected to become profitable in the next 3 years.
Revenue vs Market: CLF's revenue (4.8% per year) is forecast to grow slower than the US market (8.8% per year).
High Growth Revenue: CLF's revenue (4.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CLF's Return on Equity is forecast to be low in 3 years time (3%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 06:47 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Cleveland-Cliffs Inc. is covered by 42 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Anthony Robson | BMO Capital Markets Equity Research |
| Tristan Gresser | BNP Paribas Exane |