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Cleveland-Cliffs (Cleveland-Cliffs) EPS (Diluted)

: $0.77 (TTM As of Dec. 2023)
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Cleveland-Cliffs's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.31. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.77.

Cleveland-Cliffs's EPS (Basic) for the three months ended in Dec. 2023 was $-0.31. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.78.

Cleveland-Cliffs's EPS without NRI for the three months ended in Dec. 2023 was $-0.10. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $0.98.

During the past 12 months, Cleveland-Cliffs's average EPS without NRIGrowth Rate was -63.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using EPS without NRI data.

During the past 13 years, Cleveland-Cliffs's highest 3-Year average EPS without NRI Growth Rate was 165.50% per year. The lowest was -77.10% per year. And the median was 6.30% per year.


Cleveland-Cliffs EPS (Diluted) Historical Data

The historical data trend for Cleveland-Cliffs's EPS (Diluted) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cleveland-Cliffs Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EPS (Diluted)
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.03 -0.32 5.36 2.55 0.78

Cleveland-Cliffs Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EPS (Diluted) Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.41 -0.11 0.67 0.52 -0.31

Competitive Comparison

For the Steel subindustry, Cleveland-Cliffs's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cleveland-Cliffs PE Ratio Distribution

For the Steel industry and Basic Materials sector, Cleveland-Cliffs's PE Ratio distribution charts can be found below:

* The bar in red indicates where Cleveland-Cliffs's PE Ratio falls into.



Cleveland-Cliffs EPS (Diluted) Calculation

EPS (Diluted) is a rough measurement of the amount of a company's profit that can be allocated to one share of its stock. Diluted EPS takes into account all of the outstanding dilutive securities that could potentially be exercised (such as stock options and convertible preferred stock) and shows how such an action would impact earnings per share.

Cleveland-Cliffs's Diluted EPS for the fiscal year that ended in Dec. 2023 is calculated as

Diluted EPS (A: Dec. 2023 ) = (Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(399-0)/511.000
=0.78

Cleveland-Cliffs's Diluted EPS for the quarter that ended in Dec. 2023 is calculated as

Diluted EPS (Q: Dec. 2023 )=(Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(-155-0)/505.000
=-0.31

EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.77

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cleveland-Cliffs  (NYSE:CLF) EPS (Diluted) Explanation

EPS is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Cleveland-Cliffs EPS (Diluted) Related Terms

Thank you for viewing the detailed overview of Cleveland-Cliffs's EPS (Diluted) provided by GuruFocus.com. Please click on the following links to see related term pages.


Cleveland-Cliffs (Cleveland-Cliffs) Business Description

Traded in Other Exchanges
Address
200 Public Square, Suite 3300, Cleveland, OH, USA, 44114-2315
Cleveland-Cliffs Inc is a flat-rolled steel producer and manufacturer of iron ore pellets in North America. It has one reportable segment -Steelmaking. It is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling and tubing. It serves a diverse range of other markets due to its comprehensive offering of flat-rolled steel products. Geographically, it operates in the United States, Canada and other countries. The majority of revenue is from the United States. It is a supplier of steel to the automotive industry in North America.
Executives
Michael Ralph S Iii director
Goncalves Celso L Jr officer: EVP, CFO 200 PUBLIC SQUARE, SUITE 3300, CLEVELAND OH 44114
Arlene M Yocum director 99 PINE STREET, ALBANY NY 12207
Lourenco Goncalves director, officer: Chairman, President & CEO
Keith Koci officer: EVP, Chief Financial Officer ONE RIVERWAY, SUITE 1100, HOUSTON TX 77056
Douglas C Taylor director 200 PUBLIC SQUARE, SUITE 3300, CLEVELAND OH 44114
Susan Miranda Green director 11211 LANDY COURT, KENSINGTON MD 20895
Janet L Miller director 200 PUBLIC SQUARE, SUITE 3300, CLEVELAND OH 44114
Fisher Robert P Jr director 200 PUBLIC SQUARE, SUITE 3300, CLEVELAND OH 44067
John T Baldwin director 200 PUBLIC SQUARE, SUITE 3300, CLEVELAND OH 44114
Arcelormittal North America Holdings Llc other: Former 10% Owner 1 SOUTH DEARBORN STREET, 13TH FLOOR, CHICAGO IL 60603
Rcelormittal other: Former 10% Owner 24-26, BOULEVARD D?AVRANCHES, L-1160 LUXEMBOURG, GRAND DUCHY OF LUXEMBOURG N4 00000
Kimberly A Floriani officer: VP, Corp Controller & CAO 200 PUBLIC SQUARE, SUITE 3300, CLEVELAND OH 44114
M Ann Harlan director
William K Gerber director 999 WEST BIG BEAVER ROAD, TROY MI 48084