Company / Net Income
Cleveland-Cliffs Net Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Income
-$1.5B
FY2025
5-year range
-$1.5B / $3.0B
FY2021-FY2025
Trend
-94.5%
vs FY2024
Sector context
#119 of 122
Materials
What the data says
Among 122 Materials companies, Cleveland-Cliffs is in the bottom 2% for net income. Net Income has fluctuated over the past 10 years, ranging from -$7.2B in FY2016 to $3.0B in FY2023.
Based on SEC 10-K filings.
-$1.5B in FY2025.
Declined from $3.0B to -$1.5B over the past 2 years.
Materials sector context is included.
Net Income over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 2% in MaterialsTop 98% of 122This company -$1.5B Sector average $337.8M
▼
-537.5% below sector average
Key checks
Key Insights
- In FY2025, net income decreased 94.5% year-over-year.
- Ranks #119 out of 122 companies in the Materials sector.
- Peak net income was recorded in FY2023.
- Lowest net income in the period was in FY2016.
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 | Net IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$1.5B | -94.5% |
| FY2024 | -$760.0M | -125.4% |
| FY2023 | $3.0B | +2549.2% |
| FY2022 | -$122.0M | -141.6% |
| FY2021 | $293.0M | -74.0% |
| FY2020 | $1.1B | +285.0% |
| FY2019 | $293.0M | -74.0% |
| FY2018 | $1.1B | +250.5% |
| FY2017 | -$749.3M | +89.6% |
| FY2016 | -$7.2B | -1847.1% |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026