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Cleveland-Cliffs (CLF) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

Cleveland-Cliffs Revenue Highlights

Latest Revenue (Y)

$22.00B

Latest Revenue (Q)

$4.57B

Main Segment (Y)

Steelmaking

Main Geography (Y)

UNITED STATES

Cleveland-Cliffs Revenue by Period

Cleveland-Cliffs Revenue by Year

DateRevenueChange
2023-12-31--4.32%
2022-12-31-12.45%
2021-12-31-281.85%
2020-12-31-169.06%
2019-12-31--14.68%
2018-12-31-0.09%
2017-12-31-10.49%
2016-12-31-4.75%
2015-12-31--56.46%
2014-12-31--18.76%
2013-12-31--3.09%
2012-12-31--13.56%
2011-12-31-45.11%
2010-12-31-99.92%
2009-12-31--35.11%
2008-12-31-58.63%
2007-12-31-18.40%
2006-12-31-10.47%
2005-12-31-44.15%
2004-12-31-40.69%
2003-12-31-43.28%
2002-12-31-81.17%
2001-12-31--23.18%
2000-12-31-19.01%
1999-12-31--26.81%
1998-12-31-12.51%
1997-12-31--12.78%
1996-12-31-9.23%
1995-12-31-18.46%
1994-12-31-9.27%
1993-12-31--

Cleveland-Cliffs generated $22.00B in revenue during NA 2023, up -4.32% compared to the previous quarter, and up 943.06% compared to the same period a year ago.

Cleveland-Cliffs Revenue by Quarter

DateRevenueChange
2024-09-30--10.27%
2024-06-30--2.06%
2024-03-31-1.70%
2023-12-31--8.80%
2023-09-30--6.33%
2023-06-30-13.01%
2023-03-31-4.98%
2022-12-31--10.77%
2022-09-30--10.79%
2022-06-30-6.41%
2022-03-31-11.39%
2021-12-31--10.96%
2021-09-30-19.01%
2021-06-30-24.60%
2021-03-31-79.48%
2020-12-31-37.06%
2020-09-30-50.64%
2020-06-30-204.29%
2020-03-31--32.77%
2019-12-31--3.87%
2019-09-30--25.24%
2019-06-30-373.38%
2019-03-31--77.45%
2018-12-31--6.13%
2018-09-30-3.85%
2018-06-30-198.87%
2018-03-31--60.23%
2017-12-31--13.96%
2017-09-30-22.68%
2017-06-30-23.33%
2017-03-31--38.78%
2016-12-31-36.27%
2016-09-30-11.51%
2016-06-30-62.42%
2016-03-31--35.82%
2015-12-31--19.76%
2015-09-30-19.09%
2015-06-30-11.68%
2015-03-31--65.28%
2014-12-31--1.04%
2014-09-30-17.93%
2014-06-30-17.11%
2014-03-31--37.99%
2013-12-31--1.99%
2013-09-30-3.90%
2013-06-30-30.51%
2013-03-31--25.74%
2012-12-31--0.58%
2012-09-30--4.99%
2012-06-30-28.57%
2012-03-31--23.93%
2011-12-31--22.41%
2011-09-30-18.66%
2011-06-30-52.62%
2011-03-31--16.92%
2010-12-31-5.81%
2010-09-30-13.65%
2010-06-30-62.75%
2010-03-31--11.31%
2009-12-31-23.12%
2009-09-30-70.74%
2009-06-30--16.03%
2009-03-31--49.27%
2008-12-31--22.98%
2008-09-30-17.96%
2008-06-30-104.00%
2008-03-31--36.82%
2007-12-31--

Cleveland-Cliffs generated $4.57B in revenue during Q3 2024, up -10.27% compared to the previous quarter, and up 76.35% compared to the same period a year ago.

Cleveland-Cliffs Revenue Breakdown

Cleveland-Cliffs Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Steelmaking-----
Other businesses-----
Venture partners' cost reimbursements-----
Product-----
Cargo and Freight-----

Cleveland-Cliffs's latest annual revenue breakdown by segment (product or service), as of Dec 23: Steelmaking (90.92%), and Other businesses (9.08%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Steelmaking--------------------
Other Businesses--------------------
Other businesses--------------------
Steel and Manufacturing--------------------
Mining and Pelletizing--------------------
Cargo and Freight--------------------
Product--------------------
Metallics--------------------

Cleveland-Cliffs's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Steelmaking (90.18%), and Other Businesses (9.82%).

Cleveland-Cliffs Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
Other Countries-----
UNITED STATES-----
CANADA-----

Cleveland-Cliffs's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (90.93%), CANADA (4.76%), and Other Countries (4.32%).

Quarterly Revenue by Country

CountrySep 20Jun 20Mar 20Mar 18
Non-US----
Asia Pacific Iron Ore----

Cleveland-Cliffs's latest quarterly revenue breakdown by geography, as of Sep 20: Non-US (100.00%).

Cleveland-Cliffs Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
PKXPOSCO--
GGBGerdau--
MTArcelorMittal--
SIDCompanhia Siderúrgica Nacional--
NUENucor--
CLFCleveland-Cliffs--
TXTernium--
STLDSteel Dynamics--
XUnited States Steel--
RSReliance Steel & Aluminum--
CMCCommercial Metals Company--
SCHNSchnitzer Steel Industries--

CLF Revenue FAQ

What is Cleveland-Cliffs’s yearly revenue?

Cleveland-Cliffs's yearly revenue for 2023 was $22B, representing a decrease of -4.32% compared to 2022. The company's yearly revenue for 2022 was $22.99B, representing an increase of 12.45% compared to 2021. CLF's yearly revenue for 2021 was $20.44B, representing an increase of 281.85% compared to 2020.

What is Cleveland-Cliffs’s quarterly revenue?

Cleveland-Cliffs's quarterly revenue for Q3 2024 was $4.57B, a -10.27% decrease from the previous quarter (Q2 2024), and a -18.48% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $5.09B, a -2.06% decrease from the previous quarter (Q1 2024), and a -14.91% decrease year-over-year (Q2 2023). CLF's quarterly revenue for Q1 2024 was $5.2B, a 1.70% increase from the previous quarter (Q4 2023), and a -1.81% decrease year-over-year (Q1 2023).

What is Cleveland-Cliffs’s revenue growth rate?

Cleveland-Cliffs's revenue growth rate for the last 3 years (2021-2023) was 7.59%, and for the last 5 years (2019-2023) was 1005.38%.

What are Cleveland-Cliffs’s revenue streams?

Cleveland-Cliffs's revenue streams in c 23 are Steelmaking, and Other businesses. Steelmaking generated $6.66B in revenue, accounting 90.92% of the company's total revenue, down -70.24% year-over-year. Other businesses generated $665M in revenue, accounting 9.08% of the company's total revenue, up 9.74% year-over-year.

What is Cleveland-Cliffs’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Cleveland-Cliffs was Steelmaking. This segment made a revenue of $6.66B, representing 90.92% of the company's total revenue.