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) Free cash flow margin
Cleveland-Cliffs Inc.'s free cash flow margin over the twelve months to 30 September 2026 was −2.42%, up 3.1 percentage points from fiscal 2025 (−5.50%). Over the past ten years it has ranged from −14.6% (fiscal 2020) to 15.5% (fiscal 2016); the current reading is higher than 18% of that period. That is below the Steel industry median of 0.00% and below the Basic Materials sector median of 0.00%.
Free cash flow margin, annual
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Annual newest first
| Period | Free cash flow margin | Change (points) |
|---|---|---|
| FY2025 | −5.50% | (2.42) |
| FY2024 | −3.08% | (10.45) |
| FY2023 | 7.37% | 0.93 |
| FY2022 | 6.44% | (3.73) |
| FY2021 | 10.2% | 24.79 |
| FY2020 | −14.6% | (10.20) |
| FY2019 | −4.42% | (12.27) |
| FY2018 | 7.85% | (3.04) |
| FY2017 | 10.9% | (4.63) |
| FY2016 | 15.5% | 17.65 |
Against its own ten years
Free cash flow margin against peers
| Company | Free cash flow margin |
|---|---|
| GGB Gerdau S.A. compare | 4.94% |
| STLD Steel Dynamics, Inc. compare | 4.93% |
| RS Reliance, Inc. compare | 2.95% |
| WS Worthington Steel, Inc. compare | 1.55% |
| MT ArcelorMittal compare | −0.09% |
| TX Ternium S.A. compare | −0.50% |
| SIM Grupo Simec, S.A. de C.V. compare | −2.29% |
| CLF Cleveland-Cliffs Inc. | −2.42% |
| PKX POSCO Holdings Inc. compare | −3.42% |
| Steel industry median | 0.00% |
| Basic Materials sector median | 0.00% |
| Market median | 0.00% |
What Free cash flow margin is
Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.
(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue
More on CLF
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net 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
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- The full statement