Cleveland-Cliffs (CLF) Free Cash Flow (2009 - 2026)
Cleveland-Cliffs' Free Cash Flow came in at $73 million for Q2 2026, compared with -$67 million a year earlier.
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Analysis
Cleveland-Cliffs (CLF) Free Cash Flow (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Cleveland-Cliffs reported Free Cash Flow of -$857 million; for FY2025, it came in at -$1.02 billion.
- Going back by year, Free Cash Flow was -$590 million in FY2024, $1.62 billion in FY2023 (+9.5%), $1.48 billion in FY2022 (-28.8%) and $2.08 billion in FY2021.
- The Q2 2026 figure represents the highest quarterly Free Cash Flow since Q2 2024.
- The fastest year-over-year change in Free Cash Flow over five years came in Q3 2021 (growth of 788.1%), and the weakest in Q3 2022 (a decline of 78.5%).
- Business Quant data shows CLF's Free Cash Flow at -$477 million (Q1 2026), -$153 million (Q4 2025) and -$300 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 1.57 Bn |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 2.21 Bn |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | 687.28 Mn |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 944.00 Mn |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | 2.14 Bn |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 2.89 Bn |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 829.00 Mn |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | 2.06 Bn |
| 10 | Cleveland-Cliffs | 6.28 Bn | 6.26 Bn | 132.00 Mn | 73.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 73.00 Mn |
| Mar 31, 2026 | -477.00 Mn |
| Dec 31, 2025 | -153.00 Mn |
| Sep 30, 2025 | -300.00 Mn |
| Jun 30, 2025 | -67.00 Mn |
| Mar 31, 2025 | -503.00 Mn |
| Dec 31, 2024 | -677.00 Mn |
| Sep 30, 2024 | -235.00 Mn |
| Jun 30, 2024 | 362.00 Mn |
| Mar 31, 2024 | -40.00 Mn |
| Dec 31, 2023 | 487.00 Mn |
| Sep 30, 2023 | 605.00 Mn |
| Jun 30, 2023 | 756.00 Mn |
| Mar 31, 2023 | -227.00 Mn |
| Dec 31, 2022 | 262.00 Mn |
| Sep 30, 2022 | 288.00 Mn |
| Jun 30, 2022 | 633.00 Mn |
| Mar 31, 2022 | 297.00 Mn |
| Dec 31, 2021 | 905.00 Mn |
| Sep 30, 2021 | 1.34 Bn |
API Access
Cleveland-Cliffs Free Cash Flow 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=free-cash-flow&ticker=CLF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=CLF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();