Cleveland-Cliffs Inc (CLF) — Capital Reinvestment Ratio
Cleveland-Cliffs Inc (CLF) has a Capital Reinvestment Ratio of 0.68x as of June 2026, meaning it reinvests 1% of its operating cash flow ($230.00 Million) in capital expenditures ($157.00 Million). Check how tangible is Cleveland-Cliffs Inc's equity to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Cleveland-Cliffs Inc Capital Reinvestment Ratio (1989–2024)
This chart tracks Cleveland-Cliffs Inc's Capital Reinvestment Ratio across 33 annual periods. For the full cash flow conversion analysis, see Cleveland-Cliffs Inc (CLF) cash flow conversion.
Annual Capital Reinvestment Ratio for Cleveland-Cliffs Inc (1989–2024)
Year-by-year Capital Reinvestment Ratio for Cleveland-Cliffs Inc from 1989 to 2024. See Cleveland-Cliffs Inc free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 6.62x | $105.00 Million | $695.00 Million | ▲ +2188.0% |
| 2023 | 0.29x | $2.23 Billion | $646.00 Million | ▼ -25.7% |
| 2022 | 0.39x | $2.42 Billion | $943.00 Million | ▲ +53.7% |
| 2021 | 0.25x | $2.79 Billion | $705.00 Million | ▼ -78.3% |
| 2019 | 1.17x | $562.50 Million | $656.00 Million | ▲ +88.5% |
| 2018 | 0.62x | $478.50 Million | $296.10 Million | ▲ +34.4% |
| 2017 | 0.46x | $338.10 Million | $155.70 Million | ▲ +101.9% |
| 2016 | 0.23x | $303.00 Million | $69.10 Million | ▼ -93.8% |
| 2015 | 3.67x | $22.70 Million | $83.40 Million | ▲ +364.1% |
| 2014 | 0.79x | $358.90 Million | $284.10 Million | ▲ +5.3% |
| 2013 | 0.75x | $1.15 Billion | $861.60 Million | ▼ -65.7% |
| 2012 | 2.19x | $514.50 Million | $1.13 Billion | ▲ +491.6% |
| 2011 | 0.37x | $2.38 Billion | $880.70 Million | ▲ +83.2% |
| 2010 | 0.20x | $1.32 Billion | $266.90 Million | ▼ -67.7% |
| 2009 | 0.63x | $185.70 Million | $116.30 Million | ▲ +192.8% |
| 2008 | 0.21x | $853.20 Million | $182.50 Million | ▼ -69.0% |
| 2007 | 0.69x | $288.90 Million | $199.50 Million | ▲ +122.6% |
| 2006 | 0.31x | $428.50 Million | $132.90 Million | ▲ +50.1% |
| 2005 | 0.21x | $514.60 Million | $106.30 Million | ▼ -59.2% |
| 2003 | 0.51x | $42.70 Million | $21.60 Million | ▲ +95.2% |
| 2002 | 0.26x | $40.90 Million | $10.60 Million | ▼ -80.8% |
| 2001 | 1.35x | $6.80 Million | $9.20 Million | ▲ +61.9% |
| 2000 | 0.84x | $28.00 Million | $23.40 Million | ▼ -90.0% |
| 1999 | 8.33x | $4.00 Million | $33.30 Million | ▲ +1391.7% |
| 1998 | 0.56x | $92.10 Million | $51.40 Million | ▼ -69.3% |
| 1997 | 1.82x | $42.30 Million | $76.90 Million | ▲ +313.1% |
| 1996 | 0.44x | $83.40 Million | $36.70 Million | ▲ +13.4% |
| 1995 | 0.39x | $58.00 Million | $22.50 Million | ▲ +497.6% |
| 1994 | 0.06x | $167.90 Million | $10.90 Million | ▼ -67.2% |
| 1992 | 0.20x | $26.30 Million | $5.20 Million | ▲ +149.5% |
| 1991 | 0.08x | $92.10 Million | $7.30 Million | ▼ -83.2% |
| 1990 | 0.47x | $23.80 Million | $11.20 Million | ▲ +220.7% |
| 1989 | 0.15x | $99.50 Million | $14.60 Million | — |