Cleveland-Cliffs Inc. (CLF)

Cleveland-Cliffs Revenue

Cleveland-Cliffs had revenue of $5.61B in the quarter ending September 30, 2026, with 18.55% growth. This brings the company's total for the last twelve months to $20.07B, up 7.79% year-over-year. In the year 2025, Cleveland-Cliffs had annual revenue of $18.61B, down -3.00%. That makes Cleveland-Cliffs the 755th largest company in the world by revenue and 251st in the United States.

• Revenue (ttm): $20.07B
• Revenue Growth: +7.79%
• P/S Ratio: 0.33
• Revenue / Employee: $802,920
• Employees: 25,000
• Market Cap: 6.54B

Revenue Chart

Chart

Chart

Revenue by Segment

By Segment

Chart

• Steelmaking - Coated Steel 5.43B 29.2%
• Steelmaking - Hot-Rolled Steel 4.77B 25.6%
• Steelmaking - Cold-Rolled Steel 2.40B 12.9%
• Steelmaking - Stainless and Electrical Steel 1.75B 9.4%
• Steelmaking - Other Product 1.64B 8.8%
• Steelmaking - Plate 1.08B 5.8%
• Steelmaking - Slab and Other Steel Products 881.00M 4.7%
• Other Businesses 657.00M 3.5%

By Geography

Chart

• United States 15.89B 85.4%
• Canada 2.07B 11.1%
• Other Countries 652.00M 3.5%

Fiscal year ended Dec 31, 2025 See the full Cleveland-Cliffs breakdown

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2025	18.61B	-575.00M	-3.00%
Dec 31, 2024	19.19B	-2.81B	-12.78%
Dec 31, 2023	22.00B	-993.00M	-4.32%
Dec 31, 2022	22.99B	2.55B	12.45%
Dec 31, 2021	20.44B	15.09B	281.85%
Dec 31, 2020	5.35B	3.36B	169.05%
Dec 31, 2019	1.99B	-342.00M	-14.67%
Dec 31, 2018	2.33B	466.00M	24.97%
Dec 31, 2017	1.87B	311.50M	20.04%
Dec 31, 2016	1.55B	-458.80M	-22.79%
Dec 31, 2015	2.01B	-1.36B	-40.31%
Dec 31, 2014	3.37B	-517.60M	-13.30%
Dec 31, 2013	3.89B	-1.98B	-33.75%
Dec 31, 2012	5.87B	-691.20M	-10.53%
Dec 31, 2011	6.56B	2.08B	46.39%
Dec 31, 2010	4.48B	2.14B	91.45%
Dec 31, 2009	2.34B	-1.27B	-35.11%
Dec 31, 2008	3.61B	1.33B	58.63%
Dec 31, 2007	2.28B	353.50M	18.40%
Dec 31, 2006	1.92B	182.20M	10.47%
Dec 31, 2005	1.74B	-	-

Data Source: Fiscal.ai Last updated: Oct 20, 2026

Revenue data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 4, 2026

Data Sources Report a data error