Cleveland-Cliffs EBITDA 2012-2026 | CLF

Cleveland-Cliffs annual and quarterly EBITDA history from 2012 to 2026. EBITDA can be defined as earnings before interest, taxes, depreciation and amortization.
  • Cleveland-Cliffs EBITDA for the quarter ending March 31, 2026 was $-67M, a 67.32% decline year-over-year.
  • Cleveland-Cliffs EBITDA for the twelve months ending March 31, 2026 was $-0.344B, a 276.41% decline year-over-year.
  • Cleveland-Cliffs 2025 annual EBITDA was $-0.344B, a 276.41% decline from 2024.
  • Cleveland-Cliffs 2024 annual EBITDA was $0.195B, a 88.18% decline from 2023.
  • Cleveland-Cliffs 2023 annual EBITDA was $1.65B, a 44.5% decline from 2022.
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Cleveland-Cliffs Annual EBITDA
(Millions of US $)
2025 $-344
2024 $195
2023 $1,650
2022 $2,973
2021 $5,070
2020 $262
2019 $514
2018 $762
2017 $478
2016 $246
2015 $362
2014 $9,664
2013 $2,224
2012 $1,267
2011 $2,752
Cleveland-Cliffs Quarterly EBITDA
(Millions of US $)
2025-12-31 $-67
2025-09-30 $84
2025-06-30 $-105
2025-03-31 $-256
2024-12-31 $-205
2024-09-30 $-26
2024-06-30 $234
2024-03-31 $192
2023-12-31 $135
2023-09-30 $574
2023-06-30 $730
2023-03-31 $211
2022-12-31 $64
2022-09-30 $424
2022-06-30 $1,090
2022-03-31 $1,395
2021-12-31 $1,384
2021-09-30 $1,899
2021-06-30 $1,312
2021-03-31 $475
2020-12-31 $253
2020-09-30 $125
2020-06-30 $-95
2020-03-31 $-21
2019-12-31 $103
2019-09-30 $144
2019-06-30 $248
2019-03-31 $19
2018-12-31 $183
2018-09-30 $245
2018-06-30 $280
2018-03-31 $54
2017-12-31 $88
2017-09-30 $150
2017-06-30 $137
2017-03-31 $103
2016-12-31 $48
2016-09-30 $62
2016-06-30 $102
2016-03-31 $35
2015-12-31 $59
2015-09-30 $65
2015-06-30 $-720
2015-03-31 $958
2014-12-31 $1,325
2014-09-30 $7,772
2014-06-30 $287
2014-03-31 $280
2013-12-31 $1,132
2013-09-30 $377
2013-06-30 $406
2013-03-31 $309
2012-12-31 $224
2012-09-30 $209
2012-06-30 $494
2012-03-31 $340
2011-12-31 $468
2011-09-30 $937
2011-06-30 $725
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