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Overview

Cleveland-Cliffs Inc. Financial Statements FY2024-FY2026Q3

Cleveland-Cliffs' income statement and balance sheet, FY2024 through FY2026Q3, as a public, auditable plain-text Beancount ledger — reconstructed line by line from the company's own Form 10-K, Form 10-Q and 8-K earnings releases filings… Ledger notes

Financial position

Net worth and the accounts that make it up

Net Worth
Assets plus liabilities over the last 12 months
5,966 MUSD
Accounts
Asset and liability balances at September 30, 2026

Money movement

Monthly income and spending by account category

September 2026
Money in
September 2026
+5,677 MUSD
Top sources
Average of up to 3 preceding periods
—
View all
Money out
September 2026
-5,525 MUSD
Top spending
Average of up to 3 preceding periods
—
View all

Recent activity

Posting-aware activity from the journal

Transactions
Newest transactions matching the current dashboard filters

Income vs Expenses

Income vs Expenses
Bar chart comparing total income and expenses for each interval in the selected period.
Period data
PeriodIncomeExpensesNet Profit
2026-09-305,677 MUSD5,525 MUSD152 MUSD

Balance Sheet

Assets Distribution
Visual representation of Cleveland-Cliffs Inc. Financial Statements FY2024-FY2026Q3 assets composition
Breakdown
AccountAmountShare of total
Assets:NonCurrent:PropertyPlantEquipment9,186 MUSD45.16%
Assets:NonCurrent:Other1,229 MUSD6.04%
Assets:NonCurrent:IntangibleAssets1,041 MUSD5.12%
Assets:NonCurrent:Goodwill1,782 MUSD8.76%
Assets:Current:Inventory4,694 MUSD23.08%
Assets:Current:AccountsReceivable2,159 MUSD10.61%
Other251 MUSD1.23%
Liabilities Distribution
Visual representation of Cleveland-Cliffs Inc. Financial Statements FY2024-FY2026Q3 liabilities composition
Breakdown
AccountAmountShare of total
Liabilities:NonCurrent:Other2,939 MUSD20.44%
Liabilities:NonCurrent:LongTermDebt7,645 MUSD53.18%
Liabilities:Current:Other1,465 MUSD10.19%
Liabilities:Current:AccountsPayable2,327 MUSD16.19%

Cash Flow

Cash Flow
Money flow from income sources to expenses and investments

Loading account roles…

README.md

Cleveland-Cliffs Inc. (CLF) Financial Statements in Beancount — Open Ledger

Cleveland-Cliffs' income statement and balance sheet, FY2024 through FY2026Q3, as a public, auditable plain-text Beancount ledger — reconstructed line by line from the company's own Form 10-K, Form 10-Q and 8-K earnings releases filings and version-controlled in git. Part of the Open Ledger project on beancount.io.

Browse it live: beancount.io/ledger/open_ledger/cleveland-cliffs

Latest analysis: Cleveland-Cliffs Q3 2026 Earnings: $165M Profit, $612M EBITDA and a $4B 2027 Guide

Key Figures

PeriodPeriod endRevenueNet income
FY20242024-12-3119,185-754
FY20252025-12-3118,610-1,478
FY2026Q32026-09-305,612152

Amounts in MUSD (millions of US dollars), exactly as the ledger records them.

What's Inside

Fiscal years end December 31. All figures sourced from Cleveland-Cliffs Inc. Form 10-K, Form 10-Q and earnings-release filings (SEC EDGAR, CIK 0000764065).

Quick Start

bash
uvx --from beancount bean-check main.bean
uvx --from beanquery bean-query main.bean \
  "SELECT year, sum(position) WHERE account ~ '^Income:Revenue' GROUP BY year ORDER BY year"

Zero output from bean-check means the ledger is internally consistent: every
income statement sums to zero and every balance-sheet snapshot reconciles to
the filed totals. The query prints revenue by calendar year; income is a
credit, so it shows as a negative number. Open main.bean in Fava
or import it into beancount.io to explore it visually.

Methodology

  • Balance sheet — pad / balance directives assert each period-end
    figure against the filing named in that period file's source banner.
  • Income statement — one zero-sum transaction per period: Income
    negative (credit), Expenses positive (debit), with the arithmetic check in
    a comment directly above it.
  • Unit — MUSD; 5,612 MUSD means 5,612 million US dollars.
  • Additional accounts — Assets:Current:Inventory,
    Equity:NoncontrollingInterests, Expenses:ImpairmentsAndRestructuring,
    Expenses:Interest, Expenses:DiscontinuedOperations, opened beyond the
    standard chart (see each account's open line in main.bean).

Analysis

Corrections

Found a figure that does not match the filing? Email
[email protected] with the period, the account
and the filing page. Corrections are committed with the source cited.

About Open Ledger

Open Ledger is a growing library of public-company financial statements
published as plain-text accounting at
beancount.io/ledger — git-versioned, diffable
across companies, and auditable against primary filings. Read the analysis
behind the numbers on the beancount.io blog.

Disclaimer

This ledger is an independent reconstruction of Cleveland-Cliffs Inc.'s publicly filed
financial statements, provided for educational and informational purposes
only. It is not investment, financial, legal, tax, or accounting advice, and
is not an offer or recommendation to buy or sell any security. Beancount.io is
not affiliated with, endorsed by, or sponsored by Cleveland-Cliffs Inc.; all trademarks
belong to their respective owners. Figures may contain errors, omissions, or
simplifications and may lag the latest filings — the company's own regulatory
filings are the authoritative source. Provided "as is" without warranty of any
kind; use at your own risk.