CLEVELAND-CLIFFS INC. (CLF) Return on equity 2018–2025
CLEVELAND-CLIFFS INC. (CLF) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-24.2%FY2025 · since FY2018: 265.9% → -24.2%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -24.2% | -12.7 pp |
| FY2024 | -11.5% | -16.3 pp |
| FY2023 | 4.9% | -12.3 pp |
| FY2022 | 17.1% | -37.3 pp |
| FY2021 | 54.4% | +60.5 pp |
| FY2020 | -6.0% | -87.9 pp |
| FY2019 | 81.8% | -184.1 pp |
| FY2018 | 265.9% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice