Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Cleveland-Cliffs's annualizedGross Profit for the quarter that ended in Dec. 2023 was $672 Mil.
Cleveland-Cliffs's average Total Assets over the quarter that ended in Dec. 2023 was $17,798 Mil. Therefore, Cleveland-Cliffs's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 3.78%.
Cleveland-Cliffs Gross-Profit-to-Asset % Historical Data
The historical data trend for Cleveland-Cliffs's Gross-Profit-to-Asset % 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.
Competitive Comparison of Cleveland-Cliffs's Gross-Profit-to-Asset %
For the Steel subindustry, Cleveland-Cliffs's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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's Gross-Profit-to-Asset % Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Cleveland-Cliffs's Gross-Profit-to-Asset % distribution charts can be found below:
* The bar in red indicates where Cleveland-Cliffs's Gross-Profit-to-Asset % falls into.
* 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.
In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Gross Profit data used here is four times the quarterly (Dec. 2023) data.
Gross-Profit-to-Asset % is displayed in the 30-year financial page.
Cleveland-Cliffs Gross-Profit-to-Asset % Related Terms
Thank you for viewing the detailed overview of Cleveland-Cliffs's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.
Cleveland-Cliffs (Cleveland-Cliffs) Business Description
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
CLF has been successfully added to your 