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Cleveland-Cliffs CLF Total Revenue

Total Revenue at other companies

Nucor logo
NucorNUE
$10.4B+23.0%
Steel Dynamics logo
Steel DynamicsSTLD
$6.09B+33.4%
Suncoke Energy logo
Suncoke EnergySXC
$455.1M+4.4%
Metallus logo
MetallusMTUS
$308.3M+9.9%
Reliance logo
RelianceRS
$4.63B+26.5%
Worthington Steel logo
Worthington SteelWS
$929.2M+11.6%

Segments

By product

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Hot-rolled steel$1.54B+15.5%
Coated steel$1.53B+10.1%
Plate$1.08B-3.6%
Other$701M+20.9%
Cold-rolled steel$660M+2.3%
Stainless and electrical steel$525M+21.0%

By segment

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Steelmaking$5.1B+6.0%
Other Businesses$177M+8.6%
Eliminations-$47M-27.0%

By geography

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United States$17.34B-13.3%
Canada$1.07B+2.0%

Other financials

Income statement

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Gross profit$132.0M+162%
Operating income-$49.0M+90.2%
Net income-$134.0M+71.7%
EPS (diluted)-$0.25+74.5%

Balance sheet

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Cash & equivalents$70.0M+14.8%
Total debt$7.7B-0.3%
Total equity$5.6B-3.7%
Total assets$20.1B-1.7%

Cash flow

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Operating cash flow-$325.0M+7.4%
CapEx$157.0M+40.2%
Free cash flow-$477.0M+5.2%

Valuation

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Market cap$6.58B+23.3%
Enterprise value$14.22B+9.3%
P/S0.3×+0.1×

Profitability

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Gross margin-1.1%
Operating margin-4.2%-1.5pp
Net margin-4.3%-1.5pp
FCF margin-5.3%-0.3pp

Returns & leverage

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Return on equity-14.6%-4.3pp
Debt / equity1.4×0.0×
Current ratio1.9×-0.2×

Where this comes from

Reported directly by Cleveland-Cliffs in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The source filing: Cleveland-Cliffs’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 4:08 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000764065-26-000100
(In millions, except per share amounts)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Revenues$5,226$4,934$10,148$9,563
Operating costs:
Cost of goods sold(5,094)(5,146)(10,098)(10,171)
Selling, general and administrative expenses(154)(137)(279)(270)
Restructuring and other charges(3)(86)(3)(89)
Asset impairment(39)(39)
Miscellaneous – net(24)(27)(30)(38)
Total operating costs(5,275)(5,435)(10,410)(10,607)

ITEM 1. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Cleveland-Cliffs's total revenue?
Cleveland-Cliffs (CLF) reported total revenue of $5.23B in Q2 2026.
How has Cleveland-Cliffs's total revenue changed year-over-year?
Cleveland-Cliffs's total revenue increased by 5.9% year-over-year, from $4.93B to $5.23B.
What is the long-term trend for Cleveland-Cliffs's total revenue?
Over 4 years (2021 to 2025), Cleveland-Cliffs's total revenue has grown at a -2.3% compound annual growth rate (CAGR), from $20.44B to $18.61B.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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