Company / FCF Margin
Cleveland-Cliffs FCF Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest FCF Margin
-5.5%
FY2025
5-year range
-14.6% / 10.2%
FY2021-FY2025
Trend
-78.6%
vs FY2024
Sector context
#85 of 96
Materials
What the data says
Cleveland-Cliffs's fcf margin of -5.5% is lower than 89% of companies in the Materials sector (FY2025). FCF Margin has fluctuated over the past 10 years, ranging from -14.6% in FY2022 to 10.2% in FY2023.
Based on SEC 10-K filings.
-5.5% in FY2025 with a 5-year CAGR of -13.4%.
Declined from 10.2% to -5.5% over the past 2 years.
Materials sector context is included.
FCF Margin over time
Growth rates
- 3-Year Change
- +9.1pp
- 5-Year Change
- -13.4pp
- 10-Year Change
- -
Sector benchmark
Bottom 11% in MaterialsTop 89% of 96This company -5.5% Sector average -55.6%
▼
+90.1% above sector average
Key checks
Key Insights
- In FY2025, fcf margin decreased 78.6% year-over-year.
- Currently 50.1pp above the Materials sector average.
- Peak fcf margin was recorded in FY2023.
- Lowest fcf margin in the period was in FY2022.
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 | FCF MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -5.5% | -78.6% |
| FY2024 | -3.1% | -130.3% |
| FY2023 | 10.2% | +169.6% |
| FY2022 | -14.6% | -230.8% |
| FY2021 | -4.4% | -156.3% |
| FY2020 | 7.8% | +277.6% |
| FY2019 | -4.4% | -156.3% |
| FY2018 | 7.8% | +468.5% |
| FY2017 | -2.1% | -195.9% |
| FY2016 | 2.2% | -69.6% |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026