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Cliffs Natural Resources Inc (NYSE:CLF)
Pretax Income
$93 Mil (TTM As of Mar. 2016)

Pretax income is the income that a company earns before paying income taxes. Cliffs Natural Resources Inc's pretax income for the three months ended in Mar. 2016 was $122 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2016 was $93 Mil. Cliffs Natural Resources Inc's pretax margin was 39.87%.

During the past 13 years, Cliffs Natural Resources Inc's highest Pretax Margin was 32.99%. The lowest was -207.71%. And the median was 16.14%.


Definition

This is the income that a company earns before paying income taxes.

Cliffs Natural Resources Inc's Pretax Income for the fiscal year that ended in Dec. 2015 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=151.3+390.3+0+0+-228.5
=313

Cliffs Natural Resources Inc's Pretax Income for the quarter that ended in Mar. 2016 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=-0.3+178.9+0+0+-56.8
=122

Cliffs Natural Resources Inc Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2016 was -40 (Jun. 2015 ) + 46.6 (Sep. 2015 ) + -35.4 (Dec. 2015 ) + 121.8 (Mar. 2016 ) = $93 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

Cliffs Natural Resources Inc's Pretax Margin for the quarter that ended in Mar. 2016 is calculated as

Pretax Margin=Pretax Income/Revenue
=121.8/305.5
=39.87%

During the past 13 years, Cliffs Natural Resources Inc's highest Pretax Margin was 32.99%. The lowest was -207.71%. And the median was 16.14%.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Cliffs Natural Resources Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Pretax Income 3883817162911,2982,242-502489-9,604313

Cliffs Natural Resources Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
Pretax Income 67410099-181-37342-4047-35122
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