CLEVELAND-CLIFFS INC.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $18.6 | $19.2 | $22.0 | $23.0 | $20.4 |
| Operating income | -$1.6 | -$0.8 | $0.7 | $1.9 | $4.0 |
| Net income | -$1.5 | -$0.8 | $0.4 | $1.3 | $3.0 |
| Balance Sheet | |||||
| Total debt | $7.3 | $7.1 | $3.2 | $4.3 | $5.4 |
| Cash Flow Statement | |||||
| Free cash flow | -$1.0 | -$0.6 | $1.6 | $1.5 | $2.1 |
| Share repurchases | $0.0 | $0.7 | $0.2 | $0.2 | $0.0 |
Shares outstanding 570.5M · Free float 99.6%
Annual filing data through FY ended December 31, 2025; float as of September 20, 2026.
Earnings
Other Coverage
September 28, 2026
QBook
Stronger demand supports expansion as pricing diverges
August 14, 2026
Industry Earnings Roundup
Materials & Chemicals: Demand and Pricing Firm, Costs Squeeze
August 3, 2026
Economy Survey
Elevated Rates and Tariff Costs Frame a Split Demand Picture
July 27, 2026
Filing Trends
Middle East Disruptions Hit Supply Chains