CLF vs VALE
Cleveland-cliffs Inc. and Vale S.a., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | CLF | VALE |
|---|---|---|
| Revenue | $18.6B | $38.4B |
| Net income | $-1.5B | $2.4B |
| Gross margin | −4.6% | 35.0% |
| Net margin | −7.7% | 5.2% |
| Return on equity | −23.2% | 7.0% |
| Diluted EPS | −$2.91 | · |
| Dividend / share | · | · |
| Payout ratio | · | 251.8% |
| Free cash flow | $-1.0B | · |
| Equity | $6.1B | $33.5B |
| Net debt / equity | 1.18× | · |
| Current ratio | 1.95× | 1.15× |
| Revenue CAGR 5y | 28.3% | −0.6% |
| Profit CAGR 5y | · | −13.6% |
VALE bills 2.1× the revenue of CLF, and CLF closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | CLF | VALE |
|---|---|---|
| FY2025 | $18.6B | $38.4B |
| FY2024 | $19.2B | $38.1B |
| FY2023 | $22.0B | $41.8B |
| FY2022 | $23.0B | $43.8B |
| FY2021 | $20.4B | $54.5B |
| FY2020 | $5.4B | $39.5B |
| FY2019 | $2.0B | $36.5B |
| FY2018 | $2.3B | $36.6B |
| FY2017 | $1.9B | $34.0B |
| FY2016 | $1.6B | $27.5B |
Bottom line
| Fiscal year | CLF | VALE |
|---|---|---|
| FY2025 | $-1.5B | $2.4B |
| FY2024 | $-760.0M | $6.2B |
| FY2023 | $385.0M | $8.0B |
| FY2022 | $1.3B | $18.8B |
| FY2021 | $3.0B | $22.4B |
| FY2020 | $-122.0M | $4.9B |
| FY2019 | $293.0M | $-1.7B |
| FY2018 | $1.1B | $6.9B |
| FY2017 | $367.0M | $5.5B |
| FY2016 | $174.1M | $4.0B |
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$19,793,000,000 | VALE |
| FY2024 | −$18,871,000,000 | VALE |
| FY2023 | −$19,788,000,000 | VALE |
| FY2022 | −$20,850,000,000 | VALE |
| FY2021 | −$34,058,000,000 | VALE |
| FY2020 | −$34,191,000,000 | VALE |
| FY2019 | −$34,559,000,000 | VALE |
| FY2018 | −$34,243,000,000 | VALE |
| FY2017 | −$32,101,000,000 | VALE |
| FY2016 | −$25,933,500,000 | VALE |
| FY2015 | −$21,370,700,000 | VALE |
VALE has reported the higher revenue in every one of these 11 fiscal years. The gap has narrowed since the earliest year compared.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −12.8 pp | VALE |
| FY2024 | −19.4 pp | VALE |
| FY2023 | −17.4 pp | VALE |
| FY2022 | −37.1 pp | VALE |
| FY2021 | −26.4 pp | VALE |
| FY2020 | −13.0 pp | VALE |
| FY2019 | +20.7 pp | CLF |
| FY2018 | +29.5 pp | CLF |
| FY2017 | +3.2 pp | CLF |
| FY2016 | −1.6 pp | VALE |
| FY2015 | +16.8 pp | CLF |
The higher net margin has changed hands between CLF and VALE over this period.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
VALE's net margin has been more volatile than CLF's over the 11 comparable fiscal years — 24.6 percentage points of standard deviation against 20.0.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between CLF and VALE over these 11 fiscal years — CLF led in 4 and VALE in 7.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
CLF's return on equity has been more volatile than VALE's over the 7 comparable fiscal years — 38.7 percentage points of standard deviation against 23.0.
7 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between CLF and VALE over these 7 fiscal years — CLF led in 2 and VALE in 5.
7 of 18 comparable fiscal years — a year missing data on either side is not counted.