Produces automotive-grade steel for the automotive industry.
Sep 2026Revenue $20.1B/yrExpenses $20.4B/yr
No trendCash runway ≈ 2 months from Sep 2026
Figures by year
When will Cleveland-Cliffs be profitable?
Its figures don’t show a steady enough trend to project a date. In the 12 months to Sep 2026, revenue was $20.1B and expenses $20.4B.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $18.6B | $20.2B | −$1.58B |
| Dec 2024 | $19.2B | $19.9B | −$763M |
| Dec 2023 | $22.0B | $21.3B | $659M |
| Dec 2022 | $23.0B | $21.1B | $1.94B |
| Dec 2021 | $20.4B | $16.4B | $4.01B |
| Dec 2020 | $5.35B | $5.50B | −$142M |
| Dec 2019 | $1.99B | $1.56B | $429M |
| Dec 2018 | $2.33B | $1.66B | $673M |
| Dec 2017 | $1.87B | $1.48B | $390M |
| Dec 2016 | $1.55B | $1.42B | $131M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.