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Cleveland-Cliffs Inc. (CLF)
NYSE: CLF · Real-Time Price · USD
9.30
+0.26 (2.88%)
Apr 13, 2026, 2:56 PM EDT - Market open

Cleveland-Cliffs Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
18,61019,18521,99622,98920,444
Revenue Growth (YoY)
-3.00%-12.78%-4.32%12.45%281.84%
Cost of Revenue
19,47019,12220,62320,47115,910
Gross Profit
-860631,3732,5184,534
Selling, General & Admin
543486577465422
Other Operating Expenses
176340137114100
Total Operating Expenses
719826714579522
Operating Income
-1,579-7636591,9394,012
Interest Expense
-594-370-289-276-337
Other Non-Operating Income (Expense)
-425-187-80-143-209
Total Non-Operating Income (Expense)
-1,019-557-369-419-546
Pretax Income
-2,004-9505791,7963,803
Provision for Income Taxes
-581-236144423773
Net Income
-1,478-7603851,3352,988
Minority Interest in Earnings
5046514145
Earnings From Discontinued Operations
-5-133
Net Income to Common
-1,478-7603851,3352,988
Net Income Growth
---71.16%-55.32%-
Shares Outstanding (Basic)
508480510519498
Shares Outstanding (Diluted)
508480511524558
Shares Change (YoY)
5.83%-6.07%-2.48%-6.09%47.23%
EPS (Basic)
-2.91-1.580.752.575.63
EPS (Diluted)
-2.91-1.580.752.555.36
EPS Growth
---70.59%-52.42%-
Shares Outstanding
569.76493.95504.89513.3500.16
Free Cash Flow
-1,023-5901,6211,4802,080
Free Cash Flow Growth
--9.53%-28.85%-
Free Cash Flow Per Share
-2.01-1.233.172.823.73
Gross Margin
-4.62%0.33%6.24%10.95%22.18%
Operating Margin
-8.48%-3.98%3.00%8.43%19.62%
Profit Margin
-7.67%-3.72%1.98%5.99%14.84%
FCF Margin
-5.50%-3.08%7.37%6.44%10.17%
EBITDA
-3441881,6322,9734,909
EBITDA Margin
-1.85%0.98%7.42%12.93%24.01%
EBIT
-1,579-7636591,9394,012
EBIT Margin
-8.48%-3.98%3.00%8.43%19.62%
Effective Tax Rate
28.99%24.84%24.87%23.55%20.33%
Updated Feb 9, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q