---
title: "Cleveland Cliffs (CLF.US) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/CLF.US/norm.md"
symbol: "CLF.US"
name: "Cleveland Cliffs"
parent: "https://longbridge.com/en/quote/CLF.US.md"
datetime: "2026-05-20T10:40:35.915Z"
locales:
  - [en](https://longbridge.com/en/quote/CLF.US/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/CLF.US/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/CLF.US/norm.md)
---

# Cleveland Cliffs (CLF.US) — Financial Reports

## Income Statement (USD)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | -0.4200 | -0.4400 | -0.5161 | - | -1.01 |
| ROE | -15.68% | -16.65% | -17.58% | - | -30.91% |
| Revenue | 4.92B | 4.31B | 4.73B | - | 4.63B |
| Net income | -237.00M | -243.00M | -251.00M | - | -498.00M |
| Operating income | -142.00M | -280.00M | -144.00M | - | -483.00M |
| Gross margin | -1.67% | -4.78% | -0.97% | - | -8.55% |
| Net margin | -4.82% | -5.63% | -5.30% | - | -10.76% |
| Profit quality | - | - | - | - | - |

## Balance Sheet (USD)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 20.11B | 20.01B | 20.29B | 20.47B | 20.84B |
| Leverage | 3.34 | 3.17 | 3.56 | 3.39 | 3.21 |
| BVPS | 10.21 | 10.73 | 11.05 | 11.76 | 12.65 |
| Turnover | 0.9232 | 0.9087 | 1.00 | 0.9870 | 0.9779 |
| Cash & STI | 45.00M | 57.00M | 66.00M | 61.00M | 57.00M |
| Inv & Rec | 4.59B | 4.77B | 4.68B | 4.70B | 4.89B |
| LT assets | 9.35B | 9.77B | 9.51B | 9.62B | 9.80B |
| Net debt | 7.74B | 7.91B | 8.00B | 7.69B | 7.57B |

## Cash Flow Statement (USD)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | -325.00M | -13.00M | -143.00M | - | -351.00M |
| Investing CF | -140.00M | -85.00M | -138.00M | - | -145.00M |
| Financing CF | 454.00M | 89.00M | 286.00M | - | 499.00M |
| Free CF | -125.75M | 160.00M | 32.00M | - | -200.88M |
| OCF coverage | -213.82% | -1.06% | -20.82% | - | -76.81% |
| Repaid & issued | 507.00M | 283.00M | 850.00M | - | 850.00M |
| CapEx | -152.00M | -140.00M | -157.00M | - | -152.00M |

## Distribution Plan

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.028CAD | 2021-10-26 | 2021-10-25 | 2021-10-29 |
| Cash Dividend: 
0.03CAD | 2021-05-25 | 2021-05-24 | 2021-05-28 |
| Cash Dividend: 
0.06USD | 2020-04-03 | 2020-04-02 | 2020-04-15 |