Cleveland-Cliffs Inc. (FRA:CVA)
Germany · Delayed Price · Currency is EUR 11.64
-0.30 (-2.51%)
At close: Jan 30, 2026
Cleveland-Cliffs Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
| 18,622 | 19,185 | 21,996 | 22,989 | 20,444 | 5,354 | |
Revenue Growth (YoY) | -6.76% | -12.78% | -4.32% | 12.45% | 281.84% | 169.04% |
Cost of Revenue | 19,542 | 19,115 | 20,605 | 20,471 | 15,910 | 5,102 |
Gross Profit | -920 | 70 | 1,391 | 2,518 | 4,534 | 252 |
Selling, General & Admin | 318 | 239 | 373 | 253 | 212 | 190 |
Other Operating Expenses | 88 | 88 | 63 | 81 | 80 | 60 |
Operating Expenses | 406 | 327 | 436 | 334 | 292 | 250 |
Operating Income | -1,326 | -257 | 955 | 2,184 | 4,242 | 2 |
Interest Expense | -577 | -370 | -289 | -276 | -337 | -238 |
Other Non Operating Income (Expenses) | -65 | -37 | 5 | -4 | 6 | 3 |
EBT Excluding Unusual Items | -1,968 | -664 | 671 | 1,904 | 3,911 | -233 |
Merger & Restructuring Charges | -81 | -173 | -12 | -4 | -20 | -90 |
Impairment of Goodwill | - | - | -125 | - | - | - |
Gain (Loss) on Sale of Assets | - | - | 63 | - | - | - |
Asset Writedown | -79 | -79 | - | -29 | - | - |
Other Unusual Items | - | -27 | - | -75 | -88 | 130 |
Pretax Income | -2,128 | -943 | 597 | 1,796 | 3,803 | -193 |
Income Tax Expense | -510 | -235 | 148 | 423 | 773 | -111 |
Earnings From Continuing Operations | -1,618 | -708 | 449 | 1,373 | 3,030 | -82 |
Earnings From Discontinued Operations | -3 | - | 1 | 3 | 3 | 1 |
Net Income to Company | -1,621 | -708 | 450 | 1,376 | 3,033 | -81 |
Minority Interest in Earnings | -55 | -46 | -51 | -41 | -45 | -41 |
Net Income | -1,676 | -754 | 399 | 1,335 | 2,988 | -122 |
Preferred Dividends & Other Adjustments | - | - | - | - | 187 | - |
Net Income to Common | -1,676 | -754 | 399 | 1,335 | 2,801 | -122 |
Net Income Growth | - | - | -70.11% | -55.32% | - | - |
Shares Outstanding (Basic) | 493 | 480 | 510 | 519 | 498 | 379 |
Shares Outstanding (Diluted) | 493 | 480 | 511 | 524 | 558 | 379 |
Shares Change (YoY) | 1.70% | -6.07% | -2.48% | -6.09% | 47.23% | 33.45% |
EPS (Basic) | -3.40 | -1.57 | 0.78 | 2.57 | 5.62 | -0.32 |
EPS (Diluted) | -3.40 | -1.57 | 0.78 | 2.56 | 5.35 | -0.32 |
EPS Growth | - | - | -69.40% | -52.27% | - | - |
Free Cash Flow | -1,547 | -590 | 1,621 | 1,480 | 2,080 | -783 |
Free Cash Flow Per Share | -3.14 | -1.23 | 3.17 | 2.82 | 3.73 | -2.07 |
Dividend Per Share | - | - | - | - | - | 0.060 |
Dividend Growth | - | - | - | - | - | -73.91% |
Gross Margin | -4.94% | 0.36% | 6.32% | 10.95% | 22.18% | 4.71% |
Operating Margin | -7.12% | -1.34% | 4.34% | 9.50% | 20.75% | 0.04% |
Profit Margin | -9.00% | -3.93% | 1.81% | 5.81% | 13.70% | -2.28% |
Free Cash Flow Margin | -8.31% | -3.08% | 7.37% | 6.44% | 10.17% | -14.63% |
EBITDA | -236 | 694 | 1,928 | 3,127 | 5,139 | 310 |
EBITDA Margin | -1.27% | 3.62% | 8.77% | 13.60% | 25.14% | 5.79% |
D&A For EBITDA | 1,090 | 951 | 973 | 943 | 897 | 308 |
EBIT | -1,326 | -257 | 955 | 2,184 | 4,242 | 2 |
EBIT Margin | -7.12% | -1.34% | 4.34% | 9.50% | 20.75% | 0.04% |
Effective Tax Rate | - | - | 24.79% | 23.55% | 20.33% | - |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.