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.

Revenue
+18.6%
EPS
+152.9%
Free cash flow
+124.0%
Total debt
−4.90%

Quarter to September 2026, against a year earlier

11.35 1.49 −11.60%
Market cap
$6.4B
P/E
0.0×
Fwd P/E
216×
Dividend yield
—
F-score
2/9
Altman Z
1.12
Beneish M
n/a
Dividend safety
n/a

Cleveland-Cliffs Inc. (CLF) EV/Sales

Alert me on EV/Sales

As of 5 November 2026, Cleveland-Cliffs Inc. (CLF) trades at a EV/Sales of 0.7×. Over the past ten years it has ranged from 0.4× (December 2024) to 3.0× (September 2018); the current reading is higher than 29% of that period. That is below the Steel industry median of 0.8× and below the Basic Materials sector median of 1.8×.

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
Sep 2026 0.7× 1.93%
Jun 2026 0.7× 2.03%
Mar 2026 0.7× (11.33%)
Dec 2025 0.8× (0.42%)
43 more quarters

Against its own ten years

Low 0.4× High 3.0×
Ten-year median 1.2×
Current reading's percentile 32

EV/Sales against peers

Company EV/Sales
PKX POSCO Holdings Inc. compare 0.4×
TX Ternium S.A. compare 0.6×
CLF Cleveland-Cliffs Inc. 0.7×
WS Worthington Steel, Inc. compare 0.7×
GGB Gerdau S.A. compare 0.8×
MT ArcelorMittal compare 0.9×
RS Reliance, Inc. compare 1.3×
SIM Grupo Simec, S.A. de C.V. compare 1.5×
STLD Steel Dynamics, Inc. compare 1.6×
Steel industry median 0.8×
Basic Materials sector median 1.8×
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)

The full definition of EV/Sales →

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