Cleveland-Cliffs (CLF) Revenue (2009 - 2026)
Cleveland-Cliffs' Revenue was $5.23 billion in Q2 2026, up 5.9% from $4.93 billion a year earlier and up 6.2% from the prior quarter.
Cleveland-Cliffs (CLF) Revenue (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Cleveland-Cliffs' Revenue was $19.2 billion through Jun 30, 2026, up 4.0% year-over-year; for FY2025, it came in at $18.61 billion, down 3.0% from FY2024.
- Revenue has now declined for three consecutive years, though with a five-year compound annual growth rate of 28.3% (FY2020 to FY2025).
- In earlier years, Revenue was $19.19 billion in FY2024 (-12.8%), $22 billion in FY2023 (-4.3%), $22.99 billion in FY2022 (+12.4%) and $20.44 billion in FY2021 (+281.8%).
- The Q2 2026 figure marks the highest quarterly Revenue since Q3 2023.
- Compared with a year earlier, Revenue was higher in three of the last eight quarters, with an average decline of 4.0%.
- The best year-over-year quarter for Revenue over five years was Q3 2021 (growth of 264.8%); the worst was Q3 2024 (a decline of 18.5%).
- Per Business Quant data, CLF's Revenue in the three quarters before Q2 2026 was $4.92 billion (Q1 2026), $4.31 billion (Q4 2025) and $4.73 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 4.29 Bn |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 6.12 Bn |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | 4.34 Bn |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 7.03 Bn |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 5.29 Bn |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 10.40 Bn |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | 16.76 Bn |
| 10 | Cleveland-Cliffs | 6.28 Bn | 6.26 Bn | 132.00 Mn | 5.23 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.23 Bn |
| Mar 31, 2026 | 4.92 Bn |
| Dec 31, 2025 | 4.31 Bn |
| Sep 30, 2025 | 4.73 Bn |
| Jun 30, 2025 | 4.93 Bn |
| Mar 31, 2025 | 4.63 Bn |
| Dec 31, 2024 | 4.33 Bn |
| Sep 30, 2024 | 4.57 Bn |
| Jun 30, 2024 | 5.09 Bn |
| Mar 31, 2024 | 5.20 Bn |
| Dec 31, 2023 | 5.11 Bn |
| Sep 30, 2023 | 5.61 Bn |
| Jun 30, 2023 | 5.98 Bn |
| Mar 31, 2023 | 5.30 Bn |
| Dec 31, 2022 | 5.04 Bn |
| Sep 30, 2022 | 5.65 Bn |
| Jun 30, 2022 | 6.34 Bn |
| Mar 31, 2022 | 5.96 Bn |
| Dec 31, 2021 | 5.35 Bn |
| Sep 30, 2021 | 6.00 Bn |
Cleveland-Cliffs Revenue 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=revenue&ticker=CLF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "revenue", "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=revenue&ticker=CLF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();