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Buenaventura Mining vs Cleveland-Cliffs: revenue, profit, margins and growth compared

Buenaventura Mining brought in $1.2B of revenue in fiscal 2024, Cleveland-Cliffs $18.6B in fiscal 2025. Revenue changed by +40.4% at Buenaventura Mining and -3.0% at Cleveland-Cliffs on the year before, so Buenaventura Mining grew faster. Buenaventura Mining kept 34.7% of its revenue as net profit, Cleveland-Cliffs -7.9%. Free cash flow was $148.3M at Buenaventura Mining and -$1B at Cleveland-Cliffs.

Side by side, latest fiscal year

BVNCLF
Fiscal year endedFY2024 (December 31, 2024)FY2025 (December 31, 2025)
Revenue$1.2B$18.6B
Revenue growth+40.4%-3.0%
Net income$402.7M-$1.5B
Net margin34.7%-7.9%
Free cash flow$148.3M-$1B
Free cash flow margin12.8%-5.5%
Earnings per share (diluted)$1.59-$2.91
Cash$478.4M$57M
Debtn/a$7.3B
Price to earningsn/an/a
Market value$8.4B$6.9B
Dividend yieldn/an/a
Rank by revenue in sector#38 of 71 · Basic materials#4 of 71 · Basic materials

Over the years

Revenue
BVN FY2017: $1.2BBVN FY2018: $1.2BBVN FY2019: $867.9MBVN FY2019: $676.5MBVN FY2021: $961.4MBVN FY2022: $824.8MBVN FY2023: $826.6MBVN FY2024: $1.2BCLF FY2018: $2.3BCLF FY2019: $2BCLF FY2020: $5.4BCLF FY2021: $20.4BCLF FY2022: $23BCLF FY2023: $22BCLF FY2024: $19.2BCLF FY2025: $18.6BFY17FY18FY19FY20FY21FY22FY23FY24FY25
BVN $1.2BCLF $18.6B
Net income
BVN FY2017: $60.8MBVN FY2018: -$13.4MBVN FY2019: -$12.2MBVN FY2019: -$135.7MBVN FY2021: -$264.1MBVN FY2022: $602.6MBVN FY2023: $19.9MBVN FY2024: $402.7MCLF FY2018: $1.1BCLF FY2019: $293MCLF FY2020: -$122MCLF FY2021: $3BCLF FY2022: $1.3BCLF FY2023: $385MCLF FY2024: -$760MCLF FY2025: -$1.5BFY17FY18FY19FY20FY21FY22FY23FY24FY25
BVN $402.7MCLF -$1.5B
Net margin
BVN FY2017: 4.9%BVN FY2018: -1.2%BVN FY2019: -1.4%BVN FY2019: -20.1%BVN FY2021: -27.5%BVN FY2022: 73.1%BVN FY2023: 2.4%BVN FY2024: 34.7%CLF FY2018: 48.4%CLF FY2019: 14.7%CLF FY2020: -2.3%CLF FY2021: 14.6%CLF FY2022: 5.8%CLF FY2023: 1.8%CLF FY2024: -4.0%CLF FY2025: -7.9%FY17FY18FY19FY20FY21FY22FY23FY24FY25
BVN 34.7%CLF -7.9%
Revenue growth
BVN FY2018: -6.6%BVN FY2019: -25.0%BVN FY2019: -22.0%BVN FY2021: +42.1%BVN FY2022: -14.2%BVN FY2023: +0.2%BVN FY2024: +40.4%CLF FY2019: -14.7%CLF FY2020: +169.0%CLF FY2021: +281.8%CLF FY2022: +12.4%CLF FY2023: -4.3%CLF FY2024: -12.8%CLF FY2025: -3.0%FY18FY19FY20FY21FY22FY23FY24FY25
BVN +40.4%CLF -3.0%
Free cash flow
BVN FY2017: -$46.9MBVN FY2018: $235MBVN FY2019: -$33.6MBVN FY2019: $51.3MBVN FY2021: -$323.8MBVN FY2022: -$110.3MBVN FY2023: -$11.6MBVN FY2024: $148.3MCLF FY2018: $183MCLF FY2019: -$88MCLF FY2020: -$783MCLF FY2021: $2.1BCLF FY2022: $1.5BCLF FY2023: $1.6BCLF FY2024: -$590MCLF FY2025: -$1BFY17FY18FY19FY20FY21FY22FY23FY24FY25
BVN $148.3MCLF -$1B

Fiscal years as each company reports them; the two may end in different months.

Questions about Buenaventura Mining and Cleveland-Cliffs

Which is bigger by revenue, Buenaventura Mining or Cleveland-Cliffs?

Cleveland-Cliffs is bigger by revenue: $18.6B in fiscal 2025, against $1.2B for Buenaventura Mining in fiscal 2024.

Which keeps more of its revenue as profit, Buenaventura Mining or Cleveland-Cliffs?

Buenaventura Mining had a net margin of 34.7% in fiscal 2024; Cleveland-Cliffs had -7.9% in fiscal 2025.

Which grew revenue faster, Buenaventura Mining or Cleveland-Cliffs?

In their latest fiscal years revenue changed by +40.4% at Buenaventura Mining and -3.0% at Cleveland-Cliffs.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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