ClevelandCliffs Inc (0I0H.L)

Name: ClevelandCliffs Inc Financial Statements
Creator: Quarter Results

Basic Materials | Industrial Materials

Latest reporting period: 2025-12-31

Latest Quarter

2025-12-31

Revenue

$4.3B

Net Income

-$249M

Operating Margin

-4.4%

Free Cash Flow

-$1.0B

Debt / Assets

68.4%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for ClevelandCliffs Inc (0I0H.L).
Income Statement (Quarterly)	2025-12-31	2025-09-30	2025-06-30	2025-03-31
Revenue	4,313,000,000	4,734,000,000	4,934,000,000	4,629,000,000
Cost of Revenue	4,519,000,000	4,780,000,000	5,143,000,000	5,020,000,000
Gross Profit	-214,000,000	-46,000,000	-209,000,000	-391,000,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	144,000,000	130,000,000	137,000,000	133,000,000
Operating Expenses	-23,000,000	130,000,000	289,000,000	147,000,000
Operating Income	-191,000,000	-176,000,000	-498,000,000	-538,000,000
Interest Expense	152,000,000	153,000,000	149,000,000	140,000,000
Income Before Tax	-447,000,000	-309,000,000	-618,000,000	-630,000,000
Income Tax Expense	-208,000,000	-78,000,000	-148,000,000	-147,000,000
Net Income	-249,000,000	-251,000,000	-483,000,000	-495,000,000
Per Share
EPS	-0.49	-0.51	-0.97	-1.00
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for ClevelandCliffs Inc (0I0H.L).
Income Statement (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Revenue	18,610,000,000	19,185,000,000	21,996,000,000	22,989,000,000
Cost of Revenue	19,470,000,000	19,115,000,000	20,605,000,000	20,727,000,000
Gross Profit	-860,000,000	70,000,000	1,391,000,000	2,262,000,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	543,000,000	486,000,000	577,000,000	465,000,000
Operating Expenses	543,000,000	826,000,000	714,000,000	546,000,000
Operating Income	-1,403,000,000	-756,000,000	677,000,000	1,716,000,000
Interest Expense	594,000,000	370,000,000	289,000,000	285,000,000
Income Before Tax	-2,004,000,000	-943,000,000	597,000,000	1,796,000,000
Income Tax Expense	-581,000,000	-235,000,000	148,000,000	423,000,000
Net Income	-1,478,000,000	-754,000,000	399,000,000	1,335,000,000
Per Share
EPS	-3.00	-1.57	0.78	2.57
EPS Diluted	0.00	0.00	0.00	0.00

Balance sheet quarterly history for ClevelandCliffs Inc (0I0H.L).
Balance Sheet (Quarterly)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Assets
Cash and Cash Equivalents	57,000,000	54,000,000	198,000,000	26,000,000
Short Term Investments	0	0	0	0
Net Receivables	1,442,000,000	1,576,000,000	1,840,000,000	1,960,000,000
Inventory	4,772,000,000	5,094,000,000	4,460,000,000	5,130,000,000
Total Current Assets	6,435,000,000	6,907,000,000	6,636,000,000	7,422,000,000
Property Plant Equipment	9,481,000,000	9,942,000,000	8,895,000,000	9,070,000,000
Goodwill and Intangibles	2,949,000,000	2,938,000,000	1,206,000,000	1,344,000,000
Total Assets	20,012,000,000	20,947,000,000	17,537,000,000	18,755,000,000
Liabilities
Account Payables	1,893,000,000	2,008,000,000	2,099,000,000	2,186,000,000
Short Term Debt	0	113,000,000	0	136,000,000
Total Current Liabilities	3,302,000,000	3,322,000,000	3,508,000,000	3,549,000,000
Long Term Debt	7,253,000,000	7,659,000,000	3,500,000,000	4,249,000,000
Total Liabilities	13,689,000,000	14,050,000,000	9,415,000,000	10,713,000,000
Shareholders Equity
Retained Earnings	-529,000,000	979,000,000	1,733,000,000	1,334,000,000
Total Shareholders Equity	6,116,000,000	6,664,000,000	7,887,000,000	7,791,000,000

Balance sheet annual history for ClevelandCliffs Inc (0I0H.L).
Balance Sheet (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Assets
Cash and Cash Equivalents	57,000,000	54,000,000	198,000,000	26,000,000
Short Term Investments	0	0	0	0
Net Receivables	1,442,000,000	1,576,000,000	1,840,000,000	1,960,000,000
Inventory	4,772,000,000	5,094,000,000	4,460,000,000	5,130,000,000
Total Current Assets	6,435,000,000	6,907,000,000	6,636,000,000	7,422,000,000
Property Plant Equipment	9,481,000,000	9,942,000,000	8,895,000,000	9,070,000,000
Goodwill and Intangibles	2,949,000,000	2,938,000,000	1,206,000,000	1,344,000,000
Total Assets	20,012,000,000	20,947,000,000	17,537,000,000	18,755,000,000
Liabilities
Account Payables	1,893,000,000	2,008,000,000	2,099,000,000	2,186,000,000
Short Term Debt	0	113,000,000	0	136,000,000
Total Current Liabilities	3,302,000,000	3,322,000,000	3,508,000,000	3,549,000,000
Long Term Debt	7,253,000,000	7,659,000,000	3,500,000,000	4,249,000,000
Total Liabilities	13,689,000,000	14,050,000,000	9,415,000,000	10,713,000,000
Shareholders Equity
Retained Earnings	-529,000,000	979,000,000	1,733,000,000	1,334,000,000
Total Shareholders Equity	6,116,000,000	6,664,000,000	7,887,000,000	7,791,000,000

Cash flow quarterly history for ClevelandCliffs Inc (0I0H.L).
Cash Flow Statement (Quarterly)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Operating Activities
Net Income	-1,428,000,000	-754,000,000	450,000,000	1,332,000,000
Depreciation & Amortization	1,235,000,000	951,000,000	973,000,000	1,034,000,000
Stock Based Compensation	0	0	41,000,000	28,000,000
Change in Working Capital	212,000,000	-217,000,000	692,000,000	-171,000,000
Operating Cash Flow	-462,000,000	105,000,000	2,267,000,000	2,423,000,000
Investing Activities
Capital Expenditure	-561,000,000	-695,000,000	-646,000,000	-943,000,000
Investments	-561,000,000	-695,000,000	-646,000,000	-943,000,000
Investing Cash Flow	-479,000,000	-3,212,000,000	-591,000,000	-936,000,000
Financing Activities
Debt Repayment	159,000,000	3,827,000,000	-1,114,000,000	-1,103,000,000
Common Stock Issued/Repurchased	951,000,000	-733,000,000	-152,000,000	-240,000,000
Dividends Paid	0	0	0	0
Financing Cash Flow	942,000,000	2,970,000,000	-1,504,000,000	-1,509,000,000
Summary
Free Cash Flow	-1,023,000,000	-590,000,000	1,621,000,000	1,480,000,000
Net Change in Cash	3,000,000	-144,000,000	172,000,000	-22,000,000

Cash flow annual history for ClevelandCliffs Inc (0I0H.L).
Cash Flow Statement (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Operating Activities
Net Income	-1,428,000,000	-754,000,000	450,000,000	1,332,000,000
Depreciation & Amortization	1,235,000,000	951,000,000	973,000,000	1,034,000,000
Stock Based Compensation	0	0	41,000,000	28,000,000
Change in Working Capital	212,000,000	-217,000,000	692,000,000	-171,000,000
Operating Cash Flow	-462,000,000	105,000,000	2,267,000,000	2,423,000,000
Investing Activities
Capital Expenditure	-561,000,000	-695,000,000	-646,000,000	-943,000,000
Investments	-561,000,000	-695,000,000	-646,000,000	-943,000,000
Investing Cash Flow	-479,000,000	-3,212,000,000	-591,000,000	-936,000,000
Financing Activities
Debt Repayment	159,000,000	3,827,000,000	-1,114,000,000	-1,103,000,000
Common Stock Issued/Repurchased	951,000,000	-733,000,000	-152,000,000	-240,000,000
Dividends Paid	0	0	0	0
Financing Cash Flow	942,000,000	2,970,000,000	-1,504,000,000	-1,509,000,000
Summary
Free Cash Flow	-1,023,000,000	-590,000,000	1,621,000,000	1,480,000,000
Net Change in Cash	3,000,000	-144,000,000	172,000,000	-22,000,000