Cleveland-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. In the quarter to June 2026, revenue grew 5.92%, EPS grew 74.2%, free cash flow grew 209.0% and total debt was flat, each against the same quarter a year earlier. Insiders bought in the last twelve months.
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Cleveland-Cliffs Inc. (CLF) EV/Sales
As of 16 October 2026, Cleveland-Cliffs Inc. (CLF) trades at a EV/Sales of 0.8×. Over the past ten years it has ranged from 0.4× (December 2024) to 3.0× (September 2018); the current reading is higher than 34% of that period. That is below the Steel industry median of 0.9× and below the Basic Materials sector median of 1.7×.
EV/Sales, daily
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Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 0.8× | 24.29% |
| FY2024 | 0.6× | 1.69% |
| FY2023 | 0.6× | 5.18% |
| FY2022 | 0.6× | (27.98%) |
| FY2021 | 0.8× | (61.38%) |
| FY2020 | 2.1× | (5.15%) |
| FY2019 | 2.2× | 33.71% |
| FY2018 | 1.6× | (21.04%) |
| FY2017 | 2.1× | (15.57%) |
| FY2016 | 2.4× | 69.71% |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Jun 2026 | 0.7× | 2.03% |
| Mar 2026 | 0.7× | (11.33%) |
| Dec 2025 | 0.8× | (0.42%) |
| Sep 2025 | 0.8× | 21.06% |
| 42 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| PKX POSCO Holdings Inc. compare | 0.4× |
| TX Ternium S.A. compare | 0.7× |
| WS Worthington Steel, Inc. compare | 0.7× |
| CLF Cleveland-Cliffs Inc. | 0.8× |
| GGB Gerdau S.A. compare | 0.9× |
| SID National Steel Company compare | 1.1× |
| RS Reliance, Inc. compare | 1.4× |
| SIM Grupo Simec, S.A. de C.V. compare | 1.8× |
| STLD Steel Dynamics, Inc. compare | 1.9× |
| Steel industry median | 0.9× |
| Basic Materials sector median | 1.7× |
| Market median | 2.1× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)