Cleveland-Cliffs (CLF) Revenue (2009 - 2026)
Cleveland-Cliffs' Revenue was $5.61 billion in Q3 2026, up 18.5% from $4.73 billion a year earlier and up 7.4% from the prior quarter.
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Analysis
Cleveland-Cliffs (CLF) Revenue (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Cleveland-Cliffs' Revenue was $20.07 billion through Sep 30, 2026, up 7.8% 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 Q3 2026 figure marks the highest quarterly Revenue since Q2 2023.
- Compared with a year earlier, Revenue has increased for three straight quarters, with growth averaging 0.6% over the last eight quarters.
- The best year-over-year quarter for Revenue over five years was Q4 2021 (growth of 137.0%); the worst was Q3 2024 (a decline of 18.5%).
- Per Business Quant data, CLF's Revenue in the three quarters before Q3 2026 was $5.23 billion (Q2 2026), $4.92 billion (Q1 2026) and $4.31 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Nucor | 175.24 Bn | 165.01 Bn | 2.33 Bn | 11.25 Bn |
| 2 | Rio Tinto | 166.15 Bn | 128.95 Bn | - | - |
| 3 | Southern Copper | 143.83 Bn | 118.64 Bn | 3.10 Bn | 4.70 Bn |
| 4 | Rio Tinto | 137.31 Bn | 104.37 Bn | - | - |
| 5 | Newmont | 124.66 Bn | 89.98 Bn | 4.22 Bn | 6.36 Bn |
| 6 | Ternium | 102.52 Bn | 75.29 Bn | 1.04 Bn | 4.64 Bn |
| 7 | Agnico Eagle Mines | 95.19 Bn | 82.13 Bn | 2.15 Bn | 3.58 Bn |
| 8 | Freeport-Mcmoran | 86.53 Bn | 83.18 Bn | 2.55 Bn | 7.55 Bn |
| 9 | Barrick Mining | 66.50 Bn | 50.91 Bn | 2.71 Bn | 5.07 Bn |
| 10 | Cleveland-Cliffs | 7.33 Bn | 7.36 Bn | 465.00 Mn | 5.61 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.61 Bn |
| 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 |
API Access
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_KEYimport 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();