Cleveland-Cliffs Inc. (CLF) scored on five pillars from its reported financial statements, and ranked against 77 Materials companies.
Cleveland-Cliffs Inc. (CLF) scores 2.4 out of 10 as of , computed from its reported financial statements. That reads as low quality. The reading rests on efficiency, and profitability is what holds it back.
One pillar, growth, is unscored because the filings behind it carry too little to judge. It is shown as a dash rather than a zero, and the overall score is the weighted average of what could be scored.
Data provided by Twelve Data. Scores are computed by Lemma Analysis from reported financials.
Cleveland-Cliffs Inc.’s filings do not show enough of the signs a moat leaves: 0 of 5 indicators passed.
Quantitative signs of a moat, read from the filed statements. This is not a judgement of where it comes from (brand, network effects, switching costs). How Lemma measures a moat →
As of October 19, 2026, Cleveland-Cliffs Inc. scores 2.4 out of 10 on the Lemma Quality Score, a reading of low quality. Scores this low usually reflect thin margins, a stretched balance sheet or an erratic record, and the pillars below show which. Nothing in it comes from the share price or from forecasts: it is Cleveland-Cliffs Inc.’s own reported numbers, scored pillar by pillar.
Ranked with the 77 Materials companies Lemma publishes, the score sits at the 16th percentile, in the bottom quarter of the group. For reference, the middle of the group scores 4.4 and a company needs 6.2 to reach its top quarter, which leaves Cleveland-Cliffs Inc. well below the median.
Profitability scores 0.1 out of 10, which reads as weak. The median across 74 Materials companies is 4.4, so Cleveland-Cliffs Inc. is well below its peers on this pillar and ranks at the 4th percentile. Weak profitability means the business converts less of its sales and capital into profit than its peers, which can come from thin pricing power, high costs or a temporary squeeze.
On solvency, Cleveland-Cliffs Inc. scores 3.5, a weak reading. Its peers have a median of 6.7 across 66 Materials companies, which places it well below them, at the 15th percentile. Weak solvency means debt is heavy relative to earnings or cash flow, which makes the business more sensitive to interest rates and to any fall in profits.
Growth has no score for Cleveland-Cliffs Inc. Fewer than half of the pillar’s metric weight could be computed from the reported statements, so it is drawn as a dash and left out of the overall rather than counted as a zero. For context, the median growth score across 57 Materials companies is 3.2. Growth needs at least three years of comparable annual statements, so a short or interrupted history leaves it blank.
On efficiency, Cleveland-Cliffs Inc. scores 3.8, a weak reading. Its peers have a median of 5.2 across 71 Materials companies, which places it below them, at the 34th percentile. A low efficiency score is worth reading alongside profitability: earnings that do not convert into cash are worth less than they look.
Predictability scores 3.2 out of 10, which reads as weak. The median across 76 Materials companies is 4.5, so Cleveland-Cliffs Inc. is below its peers on this pillar and ranks at the 33rd percentile. When results are this uneven, the averages behind the other pillars hide a lot of movement, and a longer history tells more than the latest year.
The gap between Cleveland-Cliffs Inc.’s best and worst pillar is wide: efficiency at 3.8 against profitability at 0.1, 3.7 points apart. An average of two readings this different deserves a closer look than the headline number. Leading with efficiency points to disciplined use of capital, a strength that compounds quietly. Weak profitability can be cyclical, so it helps to know whether margins are at a low point or a long-run level.
Closing the gap on profitability would do the most for the overall. At the median of Materials companies, 4.4, Cleveland-Cliffs Inc. would score about 3.7 instead of 2.4. With one pillar unscored, the overall rests on 80 of the 100 weight points, spread across the four pillars that could be measured (the full set is profitability 25, solvency 20, growth 20, efficiency 15, predictability 20).
For a fair comparison, start with companies of a similar size: the Materials companies below are nearest to Cleveland-Cliffs Inc. by market value, each scored on the same pillars.
How much profit the company generates from its capital and sales.
The company’s ability to service debt and meet its obligations.
How fast revenue, earnings and cash flow are compounding.
How well assets and earnings convert into cash and output.
How stable and consistent results have been over time.
Each metric is scored from 0 to 10 against sector-aware benchmarks, where higher is better. Metrics roll up into five pillars, and the pillars combine into the overall score using the weights shown. Sector-sensitive metrics are judged relative to peers in the same sector.
This score is a systematic, backward-looking read of reported fundamentals. It does not judge valuation, management quality, competitive moat, or future prospects, and can be distorted by one-off items or unusual accounting. Treat it as a starting point, not a recommendation.
Educational only. Not investment advice.
On this reading Cleveland-Cliffs Inc. scores 2.4 out of 10, which reads as low quality. Its strongest pillar is efficiency, its weakest is profitability. Quality is not the same as a good investment: the score says nothing about the price you would pay.
Cleveland-Cliffs Inc. ranks at the 16th percentile of the 77 Materials companies Lemma publishes a score for. The median there is 4.4 and the top quarter starts at 6.2, against Cleveland-Cliffs Inc.’s 2.4.
Five pillars, each scored from 0 to 10 against sector-aware benchmarks and then weighted into one overall reading: profitability, solvency, growth, efficiency and predictability. Everything comes from reported financials, and nothing comes from price, sentiment or forecasts.
This page last changed on October 19, 2026. The score moves with the financial statements, so the page changes when a new filing moves the reading rather than on a schedule. Live figures for CLF are in the app.
No. Quality and valuation are separate questions, and a good business at the wrong price is still a bad purchase. Score the business here, then price it with a DCF you control.
Inside Lemma Analysis the same five pillars run on every company we cover, with the metrics behind each one, current fundamentals, a DCF you control and a watchlist that tells you when the price catches up.
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