Cleveland-Cliffs (CLF) Operating Income (2009 - 2026)
Cleveland-Cliffs (CLF) reported Operating Income of $311 million for Q3 2026, compared with -$204 million a year earlier.
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Analysis
Cleveland-Cliffs (CLF) Operating Income (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Cleveland-Cliffs' Operating Income came in at -$282 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 Q3 2026 figure ranks as the highest quarterly Operating Income since Q3 2023.
- Per Business Quant data, the three quarters before Q3 2026 came in at -$49 million (Q2 2026), -$213 million (Q1 2026) and -$331 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Nucor | 175.24 Bn | 165.01 Bn | 2.33 Bn | 1.87 Bn |
| 2 | Rio Tinto | 166.15 Bn | 128.95 Bn | - | - |
| 3 | Southern Copper | 143.83 Bn | 118.64 Bn | 3.10 Bn | 2.82 Bn |
| 4 | Rio Tinto | 137.31 Bn | 104.37 Bn | - | - |
| 5 | Newmont | 124.66 Bn | 89.98 Bn | 4.22 Bn | 1.02 Bn |
| 6 | Ternium | 102.52 Bn | 75.29 Bn | 1.04 Bn | 577.90 Mn |
| 7 | Agnico Eagle Mines | 95.19 Bn | 82.13 Bn | 2.15 Bn | 2.01 Bn |
| 8 | Freeport-Mcmoran | 86.53 Bn | 83.18 Bn | 2.55 Bn | 2.35 Bn |
| 9 | Barrick Mining | 66.50 Bn | 50.91 Bn | 2.71 Bn | 2.76 Bn |
| 10 | Cleveland-Cliffs | 7.33 Bn | 7.36 Bn | 465.00 Mn | 311.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 311.00 Mn |
| 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 |
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();