Cleveland-Cliffs Operating Income 2010-2025 | CLF

Cleveland-Cliffs annual/quarterly operating income history and growth rate from 2010 to 2025. Operating income can be defined as income after operating expenses have been deducted and before interest payments and taxes have been deducted.
  • Cleveland-Cliffs operating income for the quarter ending June 30, 2025 was $-0.498B, a 8400% decline year-over-year.
  • Cleveland-Cliffs operating income for the twelve months ending June 30, 2025 was $-1.760B, a 1011.92% decline year-over-year.
  • Cleveland-Cliffs annual operating income for 2024 was $-0.756B, a 211.67% decline from 2023.
  • Cleveland-Cliffs annual operating income for 2023 was $0.677B, a 65.09% decline from 2022.
  • Cleveland-Cliffs annual operating income for 2022 was $1.939B, a 51.67% decline from 2021.
Cleveland-Cliffs Annual Operating Income
(Millions of US $)
2024 $-756
2023 $677
2022 $1,939
2021 $4,012
2020 $-142
2019 $429
2018 $673
2017 $390
2016 $131
2015 $151
2014 $130
2013 $1,380
2012 $-309
2011 $2,297
2010 $1,233
2009 $236
Cleveland-Cliffs Quarterly Operating Income
(Millions of US $)
2025-06-30 $-498
2025-03-31 $-538
2024-12-31 $-465
2024-09-30 $-259
2024-06-30 $6
2024-03-31 $-38
2023-12-31 $-100
2023-09-30 $325
2023-06-30 $483
2023-03-31 $-31
2022-12-31 $-182
2022-09-30 $187
2022-06-30 $840
2022-03-31 $1,094
2021-12-31 $1,119
2021-09-30 $1,649
2021-06-30 $1,067
2021-03-31 $177
2020-12-31 $107
2020-09-30 $38
2020-06-30 $-208
2020-03-31 $-79
2019-12-31 $81
2019-09-30 $122
2019-06-30 $227
2019-03-31 $-1
2018-12-31 $163
2018-09-30 $226
2018-06-30 $254
2018-03-31 $30
2017-12-31 $66
2017-09-30 $129
2017-06-30 $115
2017-03-31 $80
2016-12-31 $22
2016-09-30 $35
2016-06-30 $75
2016-03-31 $0
2015-12-31 $25
2015-09-30 $29
2015-06-30 $26
2015-03-31 $72
2014-12-31 $-6
2014-09-30 $-143
2014-06-30 $139
2014-03-31 $139
2013-12-31 $726
2013-09-30 $224
2013-06-30 $262
2013-03-31 $168
2012-12-31 $-970
2012-09-30 $76
2012-06-30 $362
2012-03-31 $223
2011-12-31 $320
2011-09-30 $817
2011-06-30 $618
2011-03-31 $542
2010-12-31 $363
2010-09-30 $390
2010-06-30 $366
2010-03-31 $113
2009-12-31 $162
2009-09-30 $81
2009-06-30 $-17
2009-03-31 $11
Sector Industry Market Cap Revenue
Basic Materials Steel Producers $5.259B $19.185B
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
Nucor (NUE) United States $33.653B 23.99
ArcelorMittal (MT) Luxembourg $27.839B 9.68
Nippon Steel & Sumitomo Metal (NPSCY) Japan $21.957B 0.00
Steel Dynamics (STLD) United States $19.025B 18.84
POSCO (PKX) South Korea $17.115B 69.62
Jfe Holdings (JFEEF) Japan $7.250B 16.06
ThyssenKrupp AG (TKAMY) Germany $7.028B 0.00
ThyssenKrupp AG (TYEKF) Germany $6.848B 0.00
Ternium S.A (TX) Luxembourg $6.638B 21.09
Commercial Metals (CMC) United States $6.532B 21.78
Gerdau S.A (GGB) Brazil $6.299B 9.18
SSAB (SSAAY) Sweden $5.910B 13.48
Acerinox (ANIOY) Spain $2.927B 30.90
Aperam (APEMY) Luxembourg $2.278B 37.49
Outokumpu (OUTKY) Finland $1.959B 0.00
National Steel (SID) Brazil $1.843B 0.00
Salzgitter AG (SZGPY) Germany $1.439B 0.00
Algoma Steel Group (ASTL) Canada $0.493B 0.00
Usinas Siderurgicas De Minas Gerais SA (USNZY) Brazil $0.448B 16.34
Olympic Steel (ZEUS) United States $0.374B 35.13
L.B Foster (FSTR) United States $0.257B 41.15
ZK Group (ZKIN) China $0.010B 0.00
Mechel PAO (MTL) Russia $0.000B 0.00