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Friday 6 November 2026 Export CLF’s income statement to Excel — free account

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
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Cleveland-Cliffs Inc. (CLF) P/S ratio

Alert me on P/S ratio

As of 5 November 2026, Cleveland-Cliffs Inc. (CLF) trades at a P/S ratio of 0.3×. Over the past ten years it has ranged from 0.1× (December 2015) to 2.1× (September 2018); the current reading is higher than 25% of that period. That is below the Steel industry median of 0.7× and below the Basic Materials sector median of 1.6×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 0.4× 54.12%
FY2024 0.2× (48.69%)
FY2023 0.5× 20.92%
FY2022 0.4× (28.51%)
FY2021 0.5× (48.55%)
FY2020 1.0× (11.85%)
FY2019 1.2× 19.38%
FY2018 1.0× (19.79%)
FY2017 1.2× 11.54%
FY2016 1.1× 810.06%

Quarterly newest first

Period P/S ratio Change
Sep 2026 0.3× 12.32%
Jun 2026 0.3× 9.62%
Mar 2026 0.3× (29.71%)
Dec 2025 0.4× 11.78%
43 more quarters

Against its own ten years

Low 0.1× High 2.1×
Ten-year median 0.5×
Current reading's percentile 18

P/S ratio against peers

Company P/S ratio
PKX POSCO Holdings Inc. compare 0.3×
CLF Cleveland-Cliffs Inc. 0.3×
WS Worthington Steel, Inc. compare 0.3×
TX Ternium S.A. compare 0.6×
GGB Gerdau S.A. compare 0.7×
MT ArcelorMittal compare 0.7×
RS Reliance, Inc. compare 1.2×
STLD Steel Dynamics, Inc. compare 1.4×
SIM Grupo Simec, S.A. de C.V. compare 2.4×
Steel industry median 0.7×
Basic Materials sector median 1.6×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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