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| Date | Value |
|---|---|
| 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 |