stockrowCleveland-Cliffs Inc.
CLF Basic Materials Steel
Cleveland-Cliffs Inc.’s revenue for fiscal 2025 (year ended December 2025) was $18.6 billion, down 3.00% from fiscal 2024.
- Revenue
- +18.6%
- EPS
- +152.9%
- Free cash flow
- +124.0%
- Total debt
- −4.90%
Quarter to September 2026, against a year earlier
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Cleveland-Cliffs Inc. (CLF) EBITDA
Cleveland-Cliffs Inc.'s EBITDA for fiscal 2025 was −$344.0M, compared with $188.0M in fiscal 2024. Over the twelve months to 30 September 2026 it was $770.0M. Over the past ten years it has ranged from −$344.0M (fiscal 2025) to $5.1B (fiscal 2021) — the current reading is the lowest in ten years. EBITDA has fallen for 4 consecutive fiscal years. Cleveland-Cliffs Inc. ranks 9th of 17 Steel companies by EBITDA.
EBITDA, annual
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Annual newest first
| Period | EBITDA | Change |
|---|---|---|
| FY2025 | −$344.0M | — |
| FY2024 | $188.0M | (89.30%) |
| FY2023 | $1.8B | (40.90%) |
| FY2022 | $3.0B | (41.36%) |
| FY2021 | $5.1B | 1,835.11% |
| FY2020 | $262.0M | (49.03%) |
| FY2019 | $514.0M | (32.55%) |
| FY2018 | $762.0M | 59.45% |
| FY2017 | $477.9M | 94.19% |
| FY2016 | $246.1M | (32.00%) |
Quarterly newest first
| Period | EBITDA | Change |
|---|---|---|
| Sep 2026 | $570.0M | 167.61% |
| Jun 2026 | $213.0M | 363.04% |
| Mar 2026 | $46.0M | — |
| Dec 2025 | −$59.0M | — |
| 43 more quarters | Free account |
Against its own ten years
EBITDA against peers
| Company | EBITDA |
|---|---|
| MT ArcelorMittal compare | $5.8B |
| PKX POSCO Holdings Inc. compare | $4.3B |
| STLD Steel Dynamics, Inc. compare | $3.2B |
| TX Ternium S.A. compare | $2.0B |
| RS Reliance, Inc. compare | $1.8B |
| GGB Gerdau S.A. compare | $1.7B |
| CLF Cleveland-Cliffs Inc. | $770.0M |
| SIM Grupo Simec, S.A. de C.V. compare | $358.4M |
| WS Worthington Steel, Inc. compare | $98.0M |
What EBITDA is
EBITDA shows what a company earns from its operations before interest, taxes and the non-cash charges for depreciation and amortization.
Reported line item
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- Revenue
- Net income
- EPS (diluted)
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
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- Current ratio
- Total debt
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- Book value per share
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