CLFNYSEMetal MiningFiscal year ends December 31
CLEVELAND-CLIFFS INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 23, 2026
$14.10+1.98 (+16.34%)
Close on Oct 19, 2026
- Market cap
- $8.05B
- P/E (TTM)
- –
- Dividend yield
- –
CLEVELAND-CLIFFS INC. revenue by segment
By business segment
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Steelmaking | $18.06B | $18.62B | $21.41B | $22.46B | $19.90B | $4.97B | $1.99B | $2.33B | – | – | 97.1% | -3.0% |
| Other Businesses | $657.00M | $656.00M | $665.00M | $606.00M | $543.00M | $389.00M | $0 | $0 | – | – | 3.5% | +0.2% |
| Eliminations | -$110.00M | -$91.00M | -$82.00M | -$79.00M | – | – | – | – | – | – | -0.6% | +20.9% |
| U.S. Iron Ore [Member] | – | – | – | – | – | – | – | – | $1.87B | $1.55B | – | – |
| Asia Pacific Iron Ore [Member] | – | – | – | – | – | – | – | – | $464.20M | $554.50M | – | – |
| Mining and Pelletizing [Member] | – | – | – | – | – | – | $1.99B | $2.33B | $1.87B | $1.55B | – | – |
| Metallics [Member] | – | – | – | – | – | – | $0 | – | – | – | – | – |
By product or service
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Product [Member] | – | – | – | – | – | – | $1.85B | $2.17B | $1.64B | – | – | – |
| Freight [Member] | – | – | – | – | – | – | $141.80M | $160.10M | $166.70M | – | – | – |
| Venture partners' cost reimbursements [Member] | – | – | – | – | – | – | $0 | $0 | $54.70M | – | – | – |
By region
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $15.89B | $17.34B | $20.00B | $20.99B | $18.88B | $4.58B | $1.51B | $1.85B | $1.50B | $1.24B | 85.4% | -8.4% |
| Canada | $2.07B | $1.07B | $1.05B | $963.00M | $803.00M | $602.00M | $448.00M | $395.00M | $206.20M | $267.10M | 11.1% | +94.1% |
| Other countries | $652.00M | $778.00M | $950.00M | $1.04B | $760.00M | $172.00M | $37.00M | $90.00M | $155.30M | $51.20M | 3.5% | -16.2% |
| China | – | – | – | – | – | – | – | – | $364.70M | $452.50M | – | – |
From the segment and revenue-disaggregation notes of Cleveland-Cliffs's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.