Cleveland-Cliffs Cost of Goods Sold 2012-2026 | CLF

Cleveland-Cliffs annual/quarterly cost of goods sold history and growth rate from 2012 to 2026. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
  • Cleveland-Cliffs cost of goods sold for the quarter ending March 31, 2026 was $5.004B, a 0.32% decline year-over-year.
  • Cleveland-Cliffs cost of goods sold for the twelve months ending March 31, 2026 was $19.454B, a 1.21% increase year-over-year.
  • Cleveland-Cliffs annual cost of goods sold for 2025 was $19.47B, a 1.86% increase from 2024.
  • Cleveland-Cliffs annual cost of goods sold for 2024 was $19.115B, a 7.23% decline from 2023.
  • Cleveland-Cliffs annual cost of goods sold for 2023 was $20.605B, a 0.65% increase from 2022.
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Cleveland-Cliffs Annual Cost of Goods Sold
(Millions of US $)
2025 $19,470
2024 $19,115
2023 $20,605
2022 $20,471
2021 $15,910
2020 $5,102
2019 $1,414
2018 $1,523
2017 $1,398
2016 $1,274
2015 $1,777
2014 $2,488
2013 $2,406
2012 $4,701
2011 $3,953
Cleveland-Cliffs Quarterly Cost of Goods Sold
(Millions of US $)
2026-03-31 $5,004
2025-12-31 $4,527
2025-09-30 $4,780
2025-06-30 $5,143
2025-03-31 $5,020
2024-12-31 $4,596
2024-09-30 $4,675
2024-06-30 $4,930
2024-03-31 $4,914
2023-12-31 $4,944
2023-09-30 $5,125
2023-06-30 $5,340
2023-03-31 $5,196
2022-12-31 $5,104
2022-09-30 $5,305
2022-06-30 $5,356
2022-03-31 $4,706
2021-12-31 $4,072
2021-09-30 $4,229
2021-06-30 $3,848
2021-03-31 $3,761
2020-12-31 $2,013
2020-09-30 $1,525
2020-06-30 $1,208
2020-03-31 $356
2019-12-31 $407
2019-09-30 $401
2019-06-30 $480
2019-03-31 $126
2018-12-31 $495
2018-09-30 $480
2018-06-30 $430
2018-03-31 $119
2017-12-31 $268
2017-09-30 $439
2017-06-30 $327
2017-03-31 $365
2016-12-31 $127
2016-09-30 $468
2016-06-30 $405
2016-03-31 $275
2015-12-31 $433
2015-09-30 $538
2015-06-30 $441
2015-03-31 $365
2014-12-31 $774
2014-09-30 $724
2014-06-30 $564
2014-03-31 $426
2013-12-31 $-914
2013-09-30 $1,198
2013-06-30 $1,220
2013-03-31 $903
2012-12-31 $1,297
2012-09-30 $1,347
2012-06-30 $1,136
2012-03-31 $921
2011-12-31 $1,049
2011-09-30 $1,246
2011-06-30 $1,074
Sector Industry Market Cap Revenue
Basic Materials Steel Producers $5.156B $18.610B
Cleveland-Cliffs Inc. is the largest producer of iron ore pellets in North America. It is also the biggest flat-rolled steel producer in the region. The company is a major producer of iron ore pellets and it mainly sells products to integrated steel companies through this division in the United States and Canada. Cleveland-Cliffs updated its segment structure following the ArcelorMittal USA buyout and now has one reportable segment, Steelmaking. The earlier Mining and Pelletizing division is now included within Steelmaking while other remaining operating segments including Tooling and Stamping are classified as Other Businesses. The company's Steelmaking operations makes flat-rolled carbon, stainless, electrical, plate, tinplate and long steel products. It provides carbon and stainless-steel tubing products, die design and tooling, as well as hot and cold-stamped components.
Stock Name Country Market Cap PE Ratio
ArcelorMittal (MT) Luxembourg $46.996B 15.79
Nucor (NUE) United States $42.368B 24.08
Steel Dynamics (STLD) United States $27.580B 23.79
Nippon Steel & Sumitomo Metal (NPSCY) Japan $20.044B 0.00
SSAB (SSAAY) Sweden $8.581B 17.22
Gerdau S.A (GGB) Brazil $8.451B 13.65
Ternium S.A (TX) Luxembourg $8.378B 16.39
Commercial Metals (CMC) United States $7.295B 12.88
ThyssenKrupp AG (TKAMY) Germany $6.198B 5.96
ThyssenKrupp AG (TYEKF) Germany $5.974B 5.75
Acerinox (ANIOY) Spain $3.962B 0.00
Aperam (APEMY) Luxembourg $3.258B 89.04
Salzgitter AG (SZGPY) Germany $2.823B 0.00
Outokumpu (OUTKY) Finland $2.545B 0.00
Jfe Holdings (JFEEF) Japan $2.103B 21.88
National Steel (SID) Brazil $1.711B 0.00
Usinas Siderurgicas De Minas Gerais SA (USNZY) Brazil $0.759B 19.79
Olympic Steel (ZEUS) United States $0.536B 46.47
Algoma Steel Group (ASTL) Canada $0.495B 0.00
L.B Foster (FSTR) United States $0.309B 43.48
ZK Group (ZKIN) China $0.009B 0.00
Mechel PAO (MTL) Russia $0.000B 0.00