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
Follow CLF
Alert me
Cleveland-Cliffs Inc. (CLF) Free cash flow
Cleveland-Cliffs Inc.'s free cash flow for fiscal 2025 was −$1.0B, compared with −$590.0M in fiscal 2024. Over the twelve months to 30 September 2026 it was −$485.0M. Over the past ten years it has ranged from −$1.0B (fiscal 2025) to $2.1B (fiscal 2021) — the current reading is the lowest in ten years. Cleveland-Cliffs Inc. ranks 17th of 19 Steel companies by free cash flow.
Free cash flow, annual
Embed this chart
Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | −$1.0B | — |
| FY2024 | −$590.0M | — |
| FY2023 | $1.6B | 9.53% |
| FY2022 | $1.5B | (28.85%) |
| FY2021 | $2.1B | — |
| FY2020 | −$783.0M | — |
| FY2019 | −$88.0M | — |
| FY2018 | $183.0M | (9.94%) |
| FY2017 | $203.2M | (15.79%) |
| FY2016 | $241.3M | — |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Sep 2026 | $72.0M | (1.37%) |
| Jun 2026 | $73.0M | — |
| Mar 2026 | −$477.0M | — |
| Dec 2025 | −$153.0M | — |
| 43 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| STLD Steel Dynamics, Inc. compare | $1.1B |
| GGB Gerdau S.A. compare | $650.6M |
| RS Reliance, Inc. compare | $511.5M |
| WS Worthington Steel, Inc. compare | $82.0M |
| SIM Grupo Simec, S.A. de C.V. compare | −$42.1M |
| MT ArcelorMittal compare | −$59.0M |
| TX Ternium S.A. compare | −$84.3M |
| CLF Cleveland-Cliffs Inc. | −$485.0M |
| PKX POSCO Holdings Inc. compare | −$1.7B |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on CLF
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- 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
- 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