Cleveland-Cliffs (CLF) Capital Expenditures (2009 - 2026)

Cleveland-Cliffs (CLF) reported Capital Expenditures of $152.0 million for Q1 2026, little changed year-over-year from $152.0 million in Q1 2025, and up 8.57% quarter-over-quarter from $140.0 million in Q4 2025.

Cleveland-Cliffs (CLF) Capital Expenditures (2009 - 2026) Analysis & Trends

Cleveland-Cliffs (CLF) has 18 years of Capital Expenditures data on file, last reported at $152.0 million in Q1 2026.

  • Capital Expenditures for Q1 2026 came in at $152.0 million, changed 0.0% year-over-year; the trailing twelve-month figure through Mar 2026 was $561.0 million (up 8.72% YoY), and the FY2025 annual result was $561.0 million, down 19.28% from the prior year.
  • Capital Expenditures grew to $152.0 million in Q1 2026 per CLF's latest filing, from $140.0 million in the prior quarter.
  • Over five years, Capital Expenditures peaked at $248.0 million in Q3 2022 and troughed at $7.0 million in Q2 2023.
  • A 5-year average of $160.2 million and a median of $162.0 million in 2023 frame the typical range for Capital Expenditures.
  • The sharpest annual moves came in 2023 and 2025: Capital Expenditures tumbled 96.98% in 2023, then jumped 1300.0% in 2025.
  • A 5-year view of Capital Expenditures shows it stood at $227.0 million in 2022, then decreased by 27.31% to $165.0 million in 2023, then advanced by 24.24% to $205.0 million in 2024, then slumped by 31.71% to $140.0 million in 2025, then climbed by 8.57% to $152.0 million in 2026.
  • Business Quant data shows CLF's Capital Expenditures at $152.0 million in Q1 2026, $140.0 million in Q4 2025, and $157.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn -405.89 Mn
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn 661.00 Mn
3 ArcelorMittal 51.15 Bn 48.81 Bn - -
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn 137.98 Mn
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn 64.20 Mn
6 Cleveland-Cliffs 7.71 Bn 7.86 Bn -82.00 Mn 152.00 Mn
7 Algoma Steel 2.77 Bn 2.77 Bn -92.32 14.88
8 National Steel 2.24 Bn -552.84 Mn 479.33 Mn -
9 Worthington Steel 2.07 Bn 2.07 Bn 76.10 Mn 30.00 Mn
10 NWPX Infrastructure 1.13 Bn 1.11 Bn 26.67 Mn 1.30 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 152.00 Mn
Mar 31, 2026 152.00 Mn
Dec 31, 2025 140.00 Mn
Dec 31, 2025 140.00 Mn
Sep 30, 2025 157.00 Mn
Sep 30, 2025 157.00 Mn
Jun 30, 2025 112.00 Mn
Jun 30, 2025 112.00 Mn
Mar 31, 2025 152.00 Mn
Mar 31, 2025 152.00 Mn
Dec 31, 2024 205.00 Mn
Dec 31, 2024 205.00 Mn
Sep 30, 2024 151.00 Mn
Sep 30, 2024 151.00 Mn
Jun 30, 2024 8.00 Mn
Jun 30, 2024 8.00 Mn
Mar 31, 2024 182.00 Mn
Mar 31, 2024 182.00 Mn
Dec 31, 2023 165.00 Mn
Dec 31, 2023 165.00 Mn