Cleveland-Cliffs Cost of Goods Sold 2010-2024 | CLF
Cleveland-Cliffs annual/quarterly cost of goods sold history and growth rate from 2010 to 2024. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
- Cleveland-Cliffs cost of goods sold for the quarter ending June 30, 2024 was $4.930B, a 7.68% decline year-over-year.
- Cleveland-Cliffs cost of goods sold for the twelve months ending June 30, 2024 was $19.913B, a 4.93% decline year-over-year.
- Cleveland-Cliffs annual cost of goods sold for 2023 was $20.605B, a 0.65% increase from 2022.
- Cleveland-Cliffs annual cost of goods sold for 2022 was $20.471B, a 28.67% increase from 2021.
- Cleveland-Cliffs annual cost of goods sold for 2021 was $15.91B, a 211.84% increase from 2020.
Cleveland-Cliffs Annual Cost of Goods Sold (Millions of US $) |
2023 |
$20,605 |
2022 |
$20,471 |
2021 |
$15,910 |
2020 |
$5,102 |
2019 |
$1,414 |
2018 |
$1,523 |
2017 |
$1,398 |
2016 |
$1,274 |
2015 |
$1,777 |
2014 |
$2,488 |
2013 |
$2,406 |
2012 |
$4,701 |
2011 |
$3,953 |
2010 |
$3,025 |
2009 |
$2,030 |
Cleveland-Cliffs Quarterly Cost of Goods Sold (Millions of US $) |
2024-06-30 |
$4,930 |
2024-03-31 |
$4,914 |
2023-12-31 |
$4,944 |
2023-09-30 |
$5,125 |
2023-06-30 |
$5,340 |
2023-03-31 |
$5,196 |
2022-12-31 |
$5,104 |
2022-09-30 |
$5,305 |
2022-06-30 |
$5,356 |
2022-03-31 |
$4,706 |
2021-12-31 |
$4,072 |
2021-09-30 |
$4,229 |
2021-06-30 |
$3,848 |
2021-03-31 |
$3,761 |
2020-12-31 |
$2,013 |
2020-09-30 |
$1,525 |
2020-06-30 |
$1,208 |
2020-03-31 |
$356 |
2019-12-31 |
$407 |
2019-09-30 |
$401 |
2019-06-30 |
$480 |
2019-03-31 |
$126 |
2018-12-31 |
$495 |
2018-09-30 |
$480 |
2018-06-30 |
$430 |
2018-03-31 |
$119 |
2017-12-31 |
$268 |
2017-09-30 |
$439 |
2017-06-30 |
$327 |
2017-03-31 |
$365 |
2016-12-31 |
$127 |
2016-09-30 |
$468 |
2016-06-30 |
$405 |
2016-03-31 |
$275 |
2015-12-31 |
$433 |
2015-09-30 |
$538 |
2015-06-30 |
$441 |
2015-03-31 |
$365 |
2014-12-31 |
$774 |
2014-09-30 |
$724 |
2014-06-30 |
$564 |
2014-03-31 |
$426 |
2013-12-31 |
$-914 |
2013-09-30 |
$1,198 |
2013-06-30 |
$1,220 |
2013-03-31 |
$903 |
2012-12-31 |
$1,297 |
2012-09-30 |
$1,347 |
2012-06-30 |
$1,136 |
2012-03-31 |
$921 |
2011-12-31 |
$1,049 |
2011-09-30 |
$1,246 |
2011-06-30 |
$1,074 |
2011-03-31 |
$584 |
2010-12-31 |
$809 |
2010-09-30 |
$869 |
2010-06-30 |
$770 |
2010-03-31 |
$578 |
2009-12-31 |
$643 |
2009-09-30 |
$563 |
2009-06-30 |
$402 |
2009-03-31 |
$422 |
Sector |
Industry |
Market Cap |
Revenue |
Basic Materials |
Mining - Miscellaneous |
$6.357B |
$21.996B |
Cleveland-Cliffs Inc. is the largest producer of iron ore pellets in North America. It is also the biggest flat-rolled steel producer in the region. The company is a major producer of iron ore pellets and it mainly sells products to integrated steel companies through this division in the United States and Canada. Cleveland-Cliffs updated its segment structure following the ArcelorMittal USA buyout and now has one reportable segment, Steelmaking. The earlier Mining and Pelletizing division is now included within Steelmaking while other remaining operating segments including Tooling and Stamping are classified as Other Businesses. The company's Steelmaking operations makes flat-rolled carbon, stainless, electrical, plate, tinplate and long steel products. It provides carbon and stainless-steel tubing products, die design and tooling, as well as hot and cold-stamped components.
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