Cleveland-Cliffs Inc (CLF) — Free Cash Flow Generation Index
Cleveland-Cliffs Inc (CLF) has a Free Cash Flow Generation Index of 0.32x as of June 2026. Free cash flow of $73.00 Million represents 0% of operating cash flow ($230.00 Million). Explore CLF capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Cleveland-Cliffs Inc Free Cash Flow Generation Index (1989–2024)
Historical FCF Generation Index trend for Cleveland-Cliffs Inc across 33 annual periods. For the full cash flow conversion analysis, see how efficiently does Cleveland-Cliffs Inc generate cash.
Annual Free Cash Flow Generation for Cleveland-Cliffs Inc (1989–2024)
Year-by-year Free Cash Flow Generation Index for Cleveland-Cliffs Inc. Check Cleveland-Cliffs Inc investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| 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 | — |