Company / Revenue
Cleveland-Cliffs Revenue History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Revenue
$18.6B
FY2025
5-year range
$2.0B / $20.4B
FY2021-FY2025
Trend
-3.0%
vs FY2024
Sector context
#10 of 105
Materials
What the data says
Among 105 Materials companies, Cleveland-Cliffs is in the top 10% for revenue. Revenue has fluctuated over the past 10 years, ranging from $2.0B in FY2021 to $20.4B in FY2023.
Based on SEC 10-K filings.
$18.6B in FY2025 with a 5-year CAGR of +51.5%. Top quartile in the Materials sector.
Declined from $20.4B to $18.6B over the past 2 years.
Materials sector context is included.
Revenue over time
Growth rates
- 3-Year CAGR
- +51.5%
- 5-Year CAGR
- +51.5%
- 10-Year CAGR
- -
Sector benchmark
Top 10% in MaterialsTop 10% of 105This company $18.6B Sector average $6.8B
▼
+172.4% above sector average
Key checks
Key Insights
- 5-year CAGR of +51.5%, indicating consistent growth.
- In FY2025, revenue decreased 3.0% year-over-year.
- Ranks #10 out of 105 companies in the Materials sector.
- Peak revenue 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 | RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $18.6B | -3.0% |
| FY2024 | $19.2B | -6.2% |
| FY2023 | $20.4B | +281.8% |
| FY2022 | $5.4B | +169.0% |
| FY2021 | $2.0B | -14.7% |
| FY2020 | $2.3B | +17.2% |
| FY2019 | $2.0B | -14.7% |
| FY2018 | $2.3B | +15.8% |
| FY2017 | $2.0B | -40.3% |
| FY2016 | $3.4B | -13.3% |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026