Cleveland-Cliffs Gross Profit 2010-2024 | CLF
Cleveland-Cliffs annual/quarterly gross profit history and growth rate from 2010 to 2024. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services.
- Cleveland-Cliffs gross profit for the quarter ending September 30, 2024 was $-0.104B, a 121.67% decline year-over-year.
- Cleveland-Cliffs gross profit for the twelve months ending September 30, 2024 was $511M, a 56.06% decline year-over-year.
- Cleveland-Cliffs annual gross profit for 2023 was $1.391B, a 44.76% decline from 2022.
- Cleveland-Cliffs annual gross profit for 2022 was $2.518B, a 44.46% decline from 2021.
- Cleveland-Cliffs annual gross profit for 2021 was $4.534B, a 1699.21% increase from 2020.
Cleveland-Cliffs Annual Gross Profit (Millions of US $) |
2023 |
$1,391 |
2022 |
$2,518 |
2021 |
$4,534 |
2020 |
$252 |
2019 |
$576 |
2018 |
$809 |
2017 |
$468 |
2016 |
$280 |
2015 |
$237 |
2014 |
$886 |
2013 |
$1,484 |
2012 |
$1,172 |
2011 |
$2,611 |
2010 |
$1,459 |
2009 |
$312 |
Cleveland-Cliffs Quarterly Gross Profit (Millions of US $) |
2024-09-30 |
$-104 |
2024-06-30 |
$162 |
2024-03-31 |
$285 |
2023-12-31 |
$168 |
2023-09-30 |
$480 |
2023-06-30 |
$644 |
2023-03-31 |
$99 |
2022-12-31 |
$-60 |
2022-09-30 |
$348 |
2022-06-30 |
$981 |
2022-03-31 |
$1,249 |
2021-12-31 |
$1,274 |
2021-09-30 |
$1,775 |
2021-06-30 |
$1,197 |
2021-03-31 |
$288 |
2020-12-31 |
$243 |
2020-09-30 |
$121 |
2020-06-30 |
$-115 |
2020-03-31 |
$3 |
2019-12-31 |
$127 |
2019-09-30 |
$155 |
2019-06-30 |
$263 |
2019-03-31 |
$31 |
2018-12-31 |
$201 |
2018-09-30 |
$262 |
2018-06-30 |
$285 |
2018-03-31 |
$62 |
2017-12-31 |
$69 |
2017-09-30 |
$158 |
2017-06-30 |
$145 |
2017-03-31 |
$96 |
2016-12-31 |
$72 |
2016-09-30 |
$85 |
2016-06-30 |
$92 |
2016-03-31 |
$31 |
2015-12-31 |
$43 |
2015-09-30 |
$55 |
2015-06-30 |
$57 |
2015-03-31 |
$81 |
2014-12-31 |
$256 |
2014-09-30 |
$256 |
2014-06-30 |
$184 |
2014-03-31 |
$190 |
2013-12-31 |
$630 |
2013-09-30 |
$349 |
2013-06-30 |
$268 |
2013-03-31 |
$238 |
2012-12-31 |
$239 |
2012-09-30 |
$198 |
2012-06-30 |
$443 |
2012-03-31 |
$292 |
2011-12-31 |
$437 |
2011-09-30 |
$843 |
2011-06-30 |
$732 |
2011-03-31 |
$600 |
2010-12-31 |
$417 |
2010-09-30 |
$477 |
2010-06-30 |
$415 |
2010-03-31 |
$150 |
2009-12-31 |
$178 |
2009-09-30 |
$103 |
2009-06-30 |
$-12 |
2009-03-31 |
$42 |
Sector |
Industry |
Market Cap |
Revenue |
Basic Materials |
Mining - Miscellaneous |
$6.155B |
$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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