Cleveland-Cliffs Inc (CLF) — Free Cash Flow Generation Index

Latest as of June 2025: -1.49x

Cleveland-Cliffs Inc (CLF) has a Free Cash Flow Generation Index of -1.49x as of June 2025. Free cash flow of $-67.00 Million represents -1% of operating cash flow ($45.00 Million). See Cleveland-Cliffs Inc (CLF) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

FCF Generation Index

-1.49x
Free Cash Flow / Operating CF

Free Cash Flow

$-67.00 Million
USD

Operating Cash Flow

$45.00 Million
USD

Capital Expenditures

$112.00 Million
USD

Cleveland-Cliffs Inc Free Cash Flow Generation Index (1989–2024)

Historical FCF Generation Index trend for Cleveland-Cliffs Inc across 33 annual periods. Explore CLF debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Annual Free Cash Flow Generation for Cleveland-Cliffs Inc (1989–2024)

Year-by-year Free Cash Flow Generation Index for Cleveland-Cliffs Inc. For the full company profile including market capitalisation, see Cleveland-Cliffs Inc (CLF) market capitalisation.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2024 -5.62x $-590.00 Million $105.00 Million $695.00 Million ▼ -890.6%
2023 0.71x $1.59 Billion $2.23 Billion $646.00 Million ▲ +16.4%
2022 0.61x $1.48 Billion $2.42 Billion $943.00 Million ▼ -18.2%
2021 0.75x $2.08 Billion $2.79 Billion $705.00 Million ▲ +549.3%
2019 -0.17x $-93.50 Million $562.50 Million $656.00 Million ▼ -143.6%
2018 0.38x $182.40 Million $478.50 Million $296.10 Million ▼ -30.9%
2017 0.55x $186.40 Million $338.10 Million $155.70 Million ▼ -28.6%
2016 0.77x $233.90 Million $303.00 Million $69.10 Million ▲ +130.2%
2015 -2.56x $-58.10 Million $22.70 Million $83.40 Million ▼ -1328.1%
2014 0.21x $74.80 Million $358.90 Million $284.10 Million ▼ -16.0%
2013 0.25x $284.30 Million $1.15 Billion $861.60 Million ▲ +120.8%
2012 -1.19x $-613.00 Million $514.50 Million $1.13 Billion ▼ -289.2%
2011 0.63x $1.50 Billion $2.38 Billion $880.70 Million ▼ -21.1%
2010 0.80x $1.05 Billion $1.32 Billion $266.90 Million ▲ +113.5%
2009 0.37x $69.40 Million $185.70 Million $116.30 Million ▼ -52.5%
2008 0.79x $670.70 Million $853.20 Million $182.50 Million ▲ +154.0%
2007 0.31x $89.40 Million $288.90 Million $199.50 Million ▼ -55.1%
2006 0.69x $295.60 Million $428.50 Million $132.90 Million ▼ -13.1%
2005 0.79x $408.30 Million $514.60 Million $106.30 Million ▲ +60.6%
2003 0.49x $21.10 Million $42.70 Million $21.60 Million ▼ -33.3%
2002 0.74x $30.30 Million $40.90 Million $10.60 Million ▲ +309.9%
2001 -0.35x $-2.40 Million $6.80 Million $9.20 Million ▼ -314.8%
2000 0.16x $4.60 Million $28.00 Million $23.40 Million ▲ +102.2%
1999 -7.33x $-29.30 Million $4.00 Million $33.30 Million ▼ -1757.6%
1998 0.44x $40.70 Million $92.10 Million $51.40 Million ▲ +154.0%
1997 -0.82x $-34.60 Million $42.30 Million $76.90 Million ▼ -246.1%
1996 0.56x $46.70 Million $83.40 Million $36.70 Million ▼ -8.5%
1995 0.61x $35.50 Million $58.00 Million $22.50 Million ▼ -34.5%
1994 0.94x $157.00 Million $167.90 Million $10.90 Million ▲ +16.6%
1992 0.80x $21.10 Million $26.30 Million $5.20 Million ▼ -12.9%
1991 0.92x $84.80 Million $92.10 Million $7.30 Million ▲ +73.9%
1990 0.53x $12.60 Million $23.80 Million $11.20 Million ▼ -38.0%
1989 0.85x $84.90 Million $99.50 Million $14.60 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).