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) Revenue

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Cleveland-Cliffs Inc.'s revenue for fiscal 2025 was $18.6B, unchanged from fiscal 2024. Over the twelve months to 30 September 2026 it was $20.1B. Over the past ten years it has ranged from $1.6B (fiscal 2016) to $23.0B (fiscal 2022); the current reading is higher than 64% of that period. Revenue has fallen for 3 consecutive fiscal years. Cleveland-Cliffs Inc. ranks 5th of 18 Steel companies by revenue.

Revenue, annual

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Annual newest first

Period Revenue Change
FY2025 $18.6B (3.00%)
FY2024 $19.2B (12.78%)
FY2023 $22.0B (4.32%)
FY2022 $23.0B 12.45%
FY2021 $20.4B 281.85%
FY2020 $5.4B 169.05%
FY2019 $2.0B (14.67%)
FY2018 $2.3B 24.97%
FY2017 $1.9B 20.04%
FY2016 $1.6B (22.79%)

Quarterly newest first

Period Revenue Change
Sep 2026 $5.6B 7.39%
Jun 2026 $5.2B 6.18%
Mar 2026 $4.9B 14.12%
Dec 2025 $4.3B (8.89%)
43 more quarters

Against its own ten years

Low $1.6B High $23.0B
Ten-year median $5.4B
Current reading's percentile 64

Revenue against peers

What Revenue is

Revenue tells an investor how much a company brought in from selling its goods and services over a period, before any costs are taken out.

Reported line item

The full definition of Revenue →

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