Company / Capital Expenditures
Cleveland-Cliffs Capital Expenditures History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Capital Expenditures
$561.0M
FY2025
5-year range
$525.0M / $705.0M
FY2021-FY2025
Trend
-19.3%
vs FY2024
Sector context
#28 of 109
Materials
What the data says
At $561M, Cleveland-Cliffs's capital expenditures ranks #28 of 109 in the Materials sector. Capital Expenditures has fluctuated over the past 10 years, ranging from $81M in FY2017 to $705M in FY2023.
Based on SEC 10-K filings.
$561M in FY2025 with a 5-year CAGR of +13.6%. Top quartile in the Materials sector.
Declined from $705M to $561M over the past 2 years.
Materials sector context is included.
Capital Expenditures over time
Growth rates
- 3-Year CAGR
- +2.2%
- 5-Year CAGR
- +13.6%
- 10-Year CAGR
- -
Sector benchmark
In line with sector averageTop 26% of 109This company $561.0M Sector average $557.7M
▼
In line with sector average
Key checks
Key Insights
- 5-year CAGR of +13.6%, indicating consistent growth.
- In FY2025, capital expenditures decreased 19.3% year-over-year.
- Ranks #28 out of 109 companies in the Materials sector.
- Peak capital expenditures was recorded in FY2023.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score 0.96 (distress zone, below 1.8 threshold)
- Negative profit margin: -9.0%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Capital ExpendituresValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $561.0M | -19.3% |
| FY2024 | $695.0M | -1.4% |
| FY2023 | $705.0M | +34.3% |
| FY2022 | $525.0M | -20.0% |
| FY2021 | $656.0M | +121.6% |
| FY2020 | $296.0M | -54.9% |
| FY2019 | $656.0M | +121.6% |
| FY2018 | $296.0M | +266.3% |
| FY2017 | $80.8M | -71.6% |
| FY2016 | $284.1M | -67.0% |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026