Business
Cleveland-Cliffs produces flat-rolled steel and iron-ore products.
Cleveland-Cliffs: Revenue declined 3.0% to $18.61B from $19.185B. The net loss widened from $760M to $1.478B. Free cash flow remained negative, with the outflow widening from $590M to $1.023B. Operating margin contracted 450 bps to -8.48%. Cleveland-Cliffs's annual comparison also shows stock compensation grew faster than revenue; the balance-sheet screen falls in the distress range and requires business-model context.
The read at a glance✓ Audited against SEC data
- Growth — Revenue declined 3.0%Watch
- Profitability — The net loss widened from $760M to $1.478BWatch
- Cash flow — Free cash flow remained negative, with the outflow widening from $590M to $1.023BWatch
- Margins — Operating margin contracted 450 bps to -8.48%Watch
- Accounting — Distress-range screen needs contextWatch
- Insiders — 1 purchases and 3 salesOK
Where the revenue comes from
Fiscal 2025, as CLEVELAND-CLIFFS INC. reports it. History and quarterly detail are in the app.
- Steelmaking$18.1B
- Other Businesses$657.0M
Leadership changes
From CLEVELAND-CLIFFS INC.'s own filings, the day they're filed.
- Celso L. Goncalves Jr · Chief Financial Officer · appointmenteff. 2026-07-21
- Ralph S. Michael III · appointmenteff. 2026-02-22
- Douglas C. Taylor · Director · departureeff. 2026-02-19
Latest filings
- 8-K · Company announcement2026-07-24
- 10-Q · Quarterly report2026-07-23
- 8-K · Company announcement2026-07-23
- 8-K · Company announcement2026-05-20
- 10-Q · Quarterly report2026-04-21
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about CLEVELAND-CLIFFS INC., every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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