The profitability of CLEVELAND-CLIFFS INC. over the past 10 years
Chart CLEVELAND-CLIFFS INC.: gross profit, operating income, net income, fiscal 2016–2025 Open the chart →CLEVELAND-CLIFFS INC. reported a net loss of $1.48B in fiscal 2025, the latest fiscal year on file. That year it had a gross loss of $860M and an operating loss of $1.58B. It reported a profit in 7 of the 10 years shown, and a loss in fiscal 2020, 2024 and 2025. Its highest net income in these years was $2.99B, in fiscal 2021.
Year by year
| Fiscal year | Gross profit | Operating income | Net income |
|---|---|---|---|
| 2025ended Dec 31, 2025 | -$860M* | -$1.58B | -$1.48B* |
| 2024ended Dec 31, 2024 | $63M* | -$763M | -$760M* |
| 2023ended Dec 31, 2023 | $1.37B* | $659M | $385M* |
| 2022ended Dec 31, 2022 | $2.52B* | $1.94B | $1.33B* |
| 2021ended Dec 31, 2021 | $4.53B* | $4.01B | $2.99B* |
| 2020ended Dec 31, 2020 | $252M* | -$142M | -$122M* |
| 2019ended Dec 31, 2019 | $575.7M | $429M | $293M |
| 2018ended Dec 31, 2018 | $809.6M | $673M | $1.13B |
| 2017ended Dec 31, 2017 | $467.6M | $390.2M | $367M* |
| 2016ended Dec 31, 2016 | $280.1M | $130.7M | $174.1M* |
Fiscal years as CLEVELAND-CLIFFS INC. reports them. * Calculated by us from the company's filed figures; — no figure on file. From SEC filings, updated nightly. How each line is read.
More on CLEVELAND-CLIFFS INC.
- The revenue of CLEVELAND-CLIFFS INC.
- The cash flow of CLEVELAND-CLIFFS INC.
- The debt of CLEVELAND-CLIFFS INC.
- All of CLEVELAND-CLIFFS INC.'s financials, charted
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Not investment advice. This page shows what CLEVELAND-CLIFFS INC. filed with the SEC. Nothing here is a recommendation about any security. Check important figures against the company's own filings.