How many employees does Cleveland-Cliffs Inc. have?

Cleveland-Cliffs Inc. reported 25,000 employees for the fiscal year ending Dec 2025, in the annual report it filed on February 9, 2026. That is down 16.7% from a year earlier.

What is Cleveland-Cliffs Inc.'s revenue per employee?

Cleveland-Cliffs Inc. brought in $18.6B of revenue in fiscal Dec 2025, which is $744K per employee. That ranks 4 of 6 companies we track in Steel, where the median is $827K.

Where do these numbers come from?

Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

Company data

Cleveland-Cliffs Inc. employees and revenue per employee

CLF · Steel · $6.56B market cap

Cleveland-Cliffs Inc. had 25,000 employees at the end of fiscal Dec 2025, down 16.7% from a year earlier. Revenue for the year was $18.6B, down 3.0% from a year earlier, or $744K per employee. Revenue fell, and headcount fell or held flat with it.

Employees

25,000

-16.7% YoY

Revenue

$18.6B

-3.0% YoY

Revenue / employee

$744K

Peer median $827K

Rank in industry

4 of 6

Steel

Headcount against revenue

Both lines start at 100 in the first year we hold, so you can see which one grew faster.

EmployeesRevenueIndexed to 100 in Dec 2016

Hover a year for the numbers.

CLF employees and revenue by fiscal year
Year ending	Employees	Revenue	Per employee	Staff YoY	Revenue YoY
Dec 2025	25,000	$18.6B	$744K	-16.7%	-3.0%
Dec 2024	30,000	$19.2B	$640K	+7.1%	-12.8%
Dec 2023	28,000	$22.0B	$786K	+3.7%	-4.3%
Dec 2022	27,000	$23.0B	$851K	+3.8%	+12.4%
Dec 2021	26,000	$20.4B	$786K	+4.0%	+281.8%
Dec 2020	25,000	$5.35B	$214K	+954.0%	+169.1%
Dec 2019	2,372	$1.99B	$839K	-18.9%	-14.7%
Dec 2018	2,926	$2.33B	$797K	-0.4%	+0.1%
Dec 2017	2,938	$2.33B	$793K	+0.4%	+10.5%
Dec 2016	2,927	$2.11B	$721K	—	—

Open roles: we have not matched a verified job board for this company yet.

Employees, last six fiscal years

Revenue per employee, last six fiscal years

Cleveland-Cliffs Inc. against similar companies

The closest industry peers by revenue, from Steel.

Company	Employees	Revenue	Revenue / employee	Shape
STLD Steel Dynamics, Inc.	14,400	$18.2B	$1.26M	Hiring ahead
NUE Nucor Corporation	33,000	$32.5B	$985K	Efficient growth
RS Reliance Steel & Aluminum Co.	15,700	$14.3B	$910K	Leaner
CLF Cleveland-Cliffs Inc.	25,000	$18.6B	$744K	Contracting
CRS Carpenter Technology Corporation	4,500	$3.12B	$694K	Leaner
CMC Commercial Metals Company	12,690	$7.80B	$615K	Contracting

Every Basic Materials company

Questions about Cleveland-Cliffs Inc.

How many employees does Cleveland-Cliffs Inc. have?: Cleveland-Cliffs Inc. reported 25,000 employees for the fiscal year ending Dec 2025, in the annual report it filed on February 9, 2026. That is down 16.7% from a year earlier.
What is Cleveland-Cliffs Inc.'s revenue per employee?: Cleveland-Cliffs Inc. brought in $18.6B of revenue in fiscal Dec 2025, which is $744K per employee. That ranks 4 of 6 companies we track in Steel, where the median is $827K.
Where do these numbers come from?: Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

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Source: employee counts and revenue as stated in Cleveland-Cliffs Inc.'s annual reports (Form 10-K), latest filed February 9, 2026. This is data, not a recommendation to buy or sell CLF.