Cleveland-Cliffs (CLF) EBITDA (2009 - 2026)
Cleveland-Cliffs (CLF) posted EBITDA of $570 million for Q3 2026, up 578.6% from $84 million a year earlier and up 167.6% from the prior quarter.
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Analysis
Cleveland-Cliffs (CLF) EBITDA (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, EBITDA at Cleveland-Cliffs was $770 million; for FY2025, it came in at -$344 million.
- In prior years, Cleveland-Cliffs' EBITDA was $188 million in FY2024 (-88.5%), $1.63 billion in FY2023 (-45.1%), $2.97 billion in FY2022 (-39.4%) and $4.91 billion in FY2021.
- The Q3 2026 figure stands as the highest quarterly EBITDA since Q3 2023.
- The strongest year-over-year quarter for EBITDA in the past five years was Q3 2026, with growth of 578.6%; the weakest was Q4 2022, with a decline of 95.3%.
- According to Business Quant data, EBITDA for the three prior quarters was $213 million (Q2 2026), $46 million (Q1 2026) and -$59 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 166.15 Bn | 128.95 Bn | - | - |
| 2 | Southern Copper | 145.61 Bn | 120.34 Bn | 3.10 Bn | 3.05 Bn |
| 3 | Rio Tinto | 138.54 Bn | 138.54 Bn | - | - |
| 4 | Newmont | 127.15 Bn | 92.29 Bn | 4.22 Bn | 1.65 Bn |
| 5 | Ternium | 100.63 Bn | 93.91 Bn | - | - |
| 6 | Agnico Eagle Mines | 97.48 Bn | 92.69 Bn | - | - |
| 7 | Freeport-Mcmoran | 88.12 Bn | 72.16 Bn | 2.19 Bn | 2.53 Bn |
| 8 | Barrick Mining | 69.35 Bn | 47.84 Bn | 2.90 Bn | 3.29 Bn |
| 9 | Nucor | 59.10 Bn | 48.48 Bn | 2.03 Bn | 2.01 Bn |
| 10 | Cleveland-Cliffs | 7.45 Bn | 7.20 Bn | 465.00 Mn | 570.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 570.00 Mn |
| Jun 30, 2026 | 213.00 Mn |
| Mar 31, 2026 | 46.00 Mn |
| Dec 31, 2025 | -59.00 Mn |
| Sep 30, 2025 | 84.00 Mn |
| Jun 30, 2025 | -108.00 Mn |
| Mar 31, 2025 | -261.00 Mn |
| Dec 31, 2024 | -207.00 Mn |
| Sep 30, 2024 | -26.00 Mn |
| Jun 30, 2024 | 234.00 Mn |
| Mar 31, 2024 | 192.00 Mn |
| Dec 31, 2023 | 117.00 Mn |
| Sep 30, 2023 | 574.00 Mn |
| Jun 30, 2023 | 730.00 Mn |
| Mar 31, 2023 | 211.00 Mn |
| Dec 31, 2022 | 64.00 Mn |
| Sep 30, 2022 | 424.00 Mn |
| Jun 30, 2022 | 1.09 Bn |
| Mar 31, 2022 | 1.40 Bn |
| Dec 31, 2021 | 1.35 Bn |
API Access
Cleveland-Cliffs EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda&ticker=CLF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "ticker": "CLF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda&ticker=CLF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();