Company / Depreciation & Amortization
Cleveland-Cliffs Depreciation & Amortization History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Depreciation & Amortization
$1.2B
FY2025
5-year range
$85.0M / $1.2B
FY2021-FY2025
Trend
+29.9%
vs FY2024
Sector context
#10 of 108
Materials
What the data says
Among 108 Materials companies, Cleveland-Cliffs is in the bottom 9% for depreciation & amortization. Depreciation & Amortization has increased for 4 consecutive years, from $85M in FY2021 to $1.2B in FY2025.
Based on SEC 10-K filings.
$1.2B in FY2025 with a 5-year CAGR of +69.2%. Top quartile in the Materials sector.
Increased from $897M to $1.2B over the past 2 years.
Materials sector context is included.
Depreciation & Amortization over time
Growth rates
- 3-Year CAGR
- +58.9%
- 5-Year CAGR
- +69.2%
- 10-Year CAGR
- -
Sector benchmark
+171.8% above sector average
Key checks
Key Insights
- Cleveland-Cliffs's depreciation & amortization has grown for 4 consecutive years.
- 5-year CAGR of +69.2%, indicating consistent growth.
- In FY2025, depreciation & amortization increased 29.9% year-over-year.
- Ranks #10 out of 108 companies in the Materials sector.
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 | Depreciation & AmortizationValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.2B | +29.9% |
| FY2024 | $951.0M | +6.0% |
| FY2023 | $897.0M | +191.2% |
| FY2022 | $308.0M | +262.4% |
| FY2021 | $85.0M | -4.5% |
| FY2020 | $89.0M | +4.7% |
| FY2019 | $85.0M | -4.5% |
| FY2018 | $89.0M | -33.6% |
| FY2017 | $134.0M | -73.4% |
| FY2016 | $504.0M | -15.1% |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026