# Cleveland-Cliffs Inc. (CLF) — Operating Income

## Annual Operating Income (USD)

| Year | Operating Income |
| --- | --- |
| 2025 | -$1.58B |
| 2024 | -$763M |
| 2023 | $659M |
| 2022 | $1.94B |
| 2021 | $4.01B |
| 2020 | -$142M |
| 2019 | $429M |
| 2018 | $673M |
| 2017 | $390M |
| 2016 | $131M |
| 2015 | $151M |
| 2014 | $130M |
| 2013 | $1.38B |
| 2012 | -$309M |
| 2011 | $2.30B |
| 2010 | $1.27B |
| 2009 | $236M |
| 2008 | $939M |
| 2007 | $382M |

## Quarterly Operating Income (USD)

| Quarter | Operating Income |
| --- | --- |
| 2026-03-31 | -$213M |
| 2025-09-30 | -$204M |
| 2025-06-30 | -$498M |
| 2025-03-31 | -$543M |
| 2024-09-30 | -$261M |
| 2024-06-30 | $6M |
| 2024-03-31 | -$38M |
| 2023-09-30 | $325M |
| 2023-06-30 | $483M |
| 2023-03-31 | -$31M |
| 2022-09-30 | $187M |
| 2022-06-30 | $840M |
| 2022-03-31 | $1.09B |
| 2021-09-30 | $1.65B |
| 2021-06-30 | $1.07B |
| 2021-03-31 | $177M |
| 2020-09-30 | $38M |
| 2020-06-30 | -$208M |
| 2020-03-31 | -$79M |
| 2019-09-30 | $122M |
| 2019-06-30 | $227M |
| 2019-03-31 | -$800,000 |
| 2018-09-30 | $226M |
| 2018-06-30 | $254M |

Source: [CompaniesByCap](https://companiesbycap.com/company/CLF/operating-income)