When did Cleveland-Cliffs report Q4 2024 earnings?

Cleveland-Cliffs (CLF) reported Q4 2024 earnings on February 24, 2025 before market open.

What were Cleveland-Cliffs's Q4 2024 revenue and EPS?

Cleveland-Cliffs reported revenue of $4.3B and diluted EPS of $-0.68 for Q4 2024.

Did Cleveland-Cliffs beat estimates in Q4 2024?

Revenue missed the consensus estimate of $4.5B by $135.7M. EPS missed the consensus estimate of $-0.65 by $0.03.

Where can I find Cleveland-Cliffs's Q4 2024 SEC filings?

You can read the 10-K periodic report (0000764065-25-000058) directly on SEC EDGAR. The filing index links above go to sec.gov.

Cleveland-Cliffs CLF Q4 2024 Annual earnings

Reported February 24, 2025 · Before market open

Revenue$4.3BMiss by $135.7M Diluted EPS-$0.68Miss by $0.03

Revenue estimate$4.5B

EPS estimate-$0.65

Next report

Jul 23, 2026 (In 1 week)

Revenue estimate$5.2B

EPS estimate-$0.18

Financials

Q4 2024

Income statement

See full

Revenue$4.3B-15.4%

Operating income-$465.0M—

Net income-$434.0M—

EPS (diluted)-$0.92—

Balance sheet

See full

Cash & equivalents$54.0M-72.7%

Total debt$7.8B+116%

Total equity$6.6B-15.9%

Total assets$20.9B+19.4%

Cash flow

See full

CapEx$205.0M+24.2%

Free cash flow-$677.0M-239%

Valuation & ratios

Valuation

as of 12/31/24

See full

Market cap$4.64B-55.0%

Enterprise value$12.36B-9.8%

P/S0.2×-0.2×

Profitability

See full

Operating margin-4%—

Net margin-3.7%—

FCF margin-3.1%-10.4pp

Returns & leverage

See full

Return on equity-9.8%—

Debt / equity1.2×+0.7×

Current ratio2.1×+0.2×

Segments

By product

See full

Coated steel$1.2B-18.6%

Hot-rolled steel$1.0B-7.8%

Other$589.0M-15.6%

Cold-rolled steel$581.0M-6.3%

Stainless and electrical steel$417.0M-20.4%

By segment

See full

Steelmaking$4.2B-16.8%

Other Businesses$157.0M-0.6%

Eliminations-$23.0M-12.2%

By geography

See full

United States$4.3B-13.3%

Canada$266.8M+2.0%

Versus estimates

Revenue

Q1 2026$4.9BBeat by $113.6M Q4 2025$4.3BMiss by $252.4M Q3 2025$4.7BBeat by $76.7M Q2 2025$4.9BBeat by $38.3M Q1 2025$4.6BBeat by $3.3M

Q4 2024$4.3BMiss by $135.7M

Diluted EPS

Q1 2026-$0.40Beat by $0.04 Q4 2025-$0.43Beat by $0.19 Q3 2025-$0.45Beat by $0.03 Q2 2025-$0.50Beat by $0.18 Q1 2025-$0.92Miss by $0.09

Q4 2024-$0.68Miss by $0.03

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Questions, answered.

When did Cleveland-Cliffs report Q4 2024 earnings?: Cleveland-Cliffs (CLF) reported Q4 2024 earnings on February 24, 2025 before market open.
What were Cleveland-Cliffs's Q4 2024 revenue and EPS?: Cleveland-Cliffs reported revenue of $4.3B and diluted EPS of $-0.68 for Q4 2024.
Did Cleveland-Cliffs beat estimates in Q4 2024?: Revenue missed the consensus estimate of $4.5B by $135.7M. EPS missed the consensus estimate of $-0.65 by $0.03.
Where can I find Cleveland-Cliffs's Q4 2024 SEC filings?: You can read the 10-K periodic report (0000764065-25-000058) directly on SEC EDGAR. The filing index links above go to sec.gov.