Cleveland-Cliffs (CLF) Free Cash Flow (2009 - 2026)
Cleveland-Cliffs' Free Cash Flow came in at $72 million for Q3 2026, compared with -$300 million a year earlier and down 1.4% from the prior quarter.
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Analysis
Cleveland-Cliffs (CLF) Free Cash Flow (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Cleveland-Cliffs reported Free Cash Flow of -$485 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 five-year range for quarterly Free Cash Flow is -$677 million (Q4 2024) to $905 million (Q4 2021).
- Business Quant data shows CLF's Free Cash Flow at $73 million (Q2 2026), -$477 million (Q1 2026) and -$153 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Nucor | 175.24 Bn | 165.01 Bn | 2.33 Bn | 5.33 Bn |
| 2 | Rio Tinto | 166.15 Bn | 128.95 Bn | - | - |
| 3 | Southern Copper | 143.83 Bn | 118.64 Bn | 3.10 Bn | 1.71 Bn |
| 4 | Rio Tinto | 137.31 Bn | 104.37 Bn | - | - |
| 5 | Newmont | 124.66 Bn | 89.98 Bn | 4.22 Bn | 1.91 Bn |
| 6 | Ternium | 102.52 Bn | 75.29 Bn | 1.04 Bn | 1.01 Bn |
| 7 | Agnico Eagle Mines | 95.19 Bn | 82.13 Bn | 2.15 Bn | 2.66 Bn |
| 8 | Freeport-Mcmoran | 86.53 Bn | 83.18 Bn | 2.55 Bn | 822.00 Mn |
| 9 | Barrick Mining | 66.50 Bn | 50.91 Bn | 2.71 Bn | 3.81 Bn |
| 10 | Cleveland-Cliffs | 7.33 Bn | 7.36 Bn | 465.00 Mn | 72.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 72.00 Mn |
| 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 |
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();