# Cleveland-Cliffs Inc. (CLF)

> Basic Materials · US · Reports in USD

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/CLF/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2026 | $ 10.15B | $ -382.00M | $ -404.00M | $ 7.70B | $ 5.60B |
| 2025 | $ 19.06B | $ -1.51B | $ -1.05B | $ 8.17B | $ 6.12B |
| 2024 | $ 20.16B | $ -792.51M | $ -620.14M | $ 7.77B | $ 6.66B |
| 2023 | $ 23.78B | $ 431.42M | $ 1.72B | $ 3.59B | $ 7.89B |
| 2022 | $ 25.68B | $ 1.49B | $ 1.65B | $ 4.70B | $ 7.79B |
| 2021 | $ 24.30B | $ 3.55B | $ 2.47B | $ 5.80B | $ 5.49B |
| 2020 | $ 6.82B | $ -155.42M | $ -1.00B | $ 5.99B | $ 2.76B |
| 2019 | $ 2.57B | $ 377.93M | $ -120.69M | $ 2.11B | $ 357.90M |
| 2018 | $ 3.16B | $ 1.49B | $ 240.89M | $ 2.09B | $ 424.20M |
| 2017 | $ 3.14B | $ 505.04M | $ 251.11M | $ 2.36B | $ -444.30M |
| 2016 | $ 2.90B | $ 239.53M | $ 321.81M | $ 2.23B | $ -1.46B |
| 2015 | $ 2.83B | $ -1.05B | $ -60.23M | $ 2.70B | $ -1.98B |
| 2014 | $ 6.53B | $ -10.16B | $ 105.69M | $ 2.98B | $ -1.40B |
| 2013 | $ 8.09B | $ 588.10M | $ 404.34M | $ 3.04B | $ 6.07B |
| 2012 | $ 8.62B | $ -1.30B | $ -885.02M | $ 4.05B | $ 4.63B |
| 2011 | $ 9.98B | $ 2.38B | $ 2.07B | $ 3.68B | $ 5.79B |
| 2010 | $ 7.09B | $ 1.58B | $ 1.59B | $ 1.90B | $ 3.85B |
| 2009 | $ 3.55B | $ 310.10M | $ 105.08M | $ 649.30M | $ 2.54B |
| 2008 | $ 5.46B | $ 780.84M | $ 1.02B | $ 525.00M | $ 1.75B |
| 2007 | $ 3.44B | $ 408.82M | $ 135.36M | $ 440.00M | $ 1.16B |
| 2006 | $ 2.45B | $ 366.73M | $ 521.62M | $ 0 | $ 745.80M |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 1.37 |
| Liabilities / Eq | 2.55 |
| Current Ratio | 1.89 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 15.15 |
| Gross Debt / FCF | 21.91 |

## Other views

- [Metrics](https://sponda.capital/en/CLF.md)
- [Charts](https://sponda.capital/en/CLF/charts.md)
- [Compare](https://sponda.capital/en/CLF/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-27.