Company / SG&A Expense
Cleveland-Cliffs SG&A Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$543.0M
FY2025
5-year range
$113.0M / $543.0M
FY2021-FY2025
Trend
+11.7%
vs FY2024
Sector context
#44 of 118
Materials
What the data says
At $543M, Cleveland-Cliffs's sg&a expense ranks #75 of 118 in the Materials sector. SG&A Expense has increased for 4 consecutive years, from $113M in FY2021 to $543M in FY2025.
Based on SEC 10-K filings.
$543M in FY2025 with a 5-year CAGR of +36.9%.
Increased from $422M to $543M over the past 2 years.
Materials sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +30.6%
- 5-Year CAGR
- +36.9%
- 10-Year CAGR
- -
Sector benchmark
#75 of 118 in MaterialsTop 63% of 118This company $543.0M Sector average $689.6M
▼
-21.3% below sector average
Key checks
Key Insights
- Cleveland-Cliffs's sg&a expense has grown for 4 consecutive years.
- 5-year CAGR of +36.9%, indicating consistent growth.
- In FY2025, sg&a expense increased 11.7% year-over-year.
- Ranks #44 out of 118 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 | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $543.0M | +11.7% |
| FY2024 | $486.0M | +15.2% |
| FY2023 | $422.0M | +73.0% |
| FY2022 | $244.0M | +115.9% |
| FY2021 | $113.0M | +0.0% |
| FY2020 | $113.0M | +0.0% |
| FY2019 | $113.0M | +0.0% |
| FY2018 | $113.0M | +2.7% |
| FY2017 | $110.0M | -28.9% |
| FY2016 | $154.7M | -5.6% |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026