Cleveland-Cliffs (CLF) Operating Income (2009 - 2026)
Cleveland-Cliffs (CLF) reported Operating Income of -$49 million for Q2 2026, compared with -$501 million a year earlier.
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Analysis
Cleveland-Cliffs (CLF) Operating Income (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Cleveland-Cliffs' Operating Income came in at -$797 million; for FY2025, it came in at -$1.58 billion.
- By year, Operating Income came in at -$763 million in FY2024, $659 million in FY2023 (-66.0%), $1.94 billion in FY2022 (-51.7%) and $4.01 billion in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Operating Income since Q2 2024.
- Per Business Quant data, the three quarters before Q2 2026 came in at -$213 million (Q1 2026), -$331 million (Q4 2025) and -$204 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 2.62 Bn |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 1.01 Bn |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | 528.41 Mn |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 2.00 Bn |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | 3.80 Bn |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | 2.73 Bn |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | 1.63 Bn |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | 1.06 Bn |
| 10 | Cleveland-Cliffs | 6.40 Bn | 6.38 Bn | 132.00 Mn | -49.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -49.00 Mn |
| Mar 31, 2026 | -213.00 Mn |
| Dec 31, 2025 | -331.00 Mn |
| Sep 30, 2025 | -204.00 Mn |
| Jun 30, 2025 | -501.00 Mn |
| Mar 31, 2025 | -543.00 Mn |
| Dec 31, 2024 | -465.00 Mn |
| Sep 30, 2024 | -261.00 Mn |
| Jun 30, 2024 | 6.00 Mn |
| Mar 31, 2024 | -38.00 Mn |
| Dec 31, 2023 | -118.00 Mn |
| Sep 30, 2023 | 325.00 Mn |
| Jun 30, 2023 | 483.00 Mn |
| Mar 31, 2023 | -31.00 Mn |
| Dec 31, 2022 | -182.00 Mn |
| Sep 30, 2022 | 187.00 Mn |
| Jun 30, 2022 | 840.00 Mn |
| Mar 31, 2022 | 1.09 Bn |
| Dec 31, 2021 | 1.12 Bn |
| Sep 30, 2021 | 1.65 Bn |
API Access
Cleveland-Cliffs Operating Income 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=operating-income&ticker=CLF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=CLF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();