Cleveland-Cliffs (CLF) Change in Inventory (2009 - 2026)
Cleveland-Cliffs' (CLF) quarterly Change in Inventory came in at -$55.0 million in Q2 2026, up 74.3% year-over-year from -$31.6 million in Q2 2025, and up 68.39% quarter-over-quarter from -$174.0 million in Q1 2026.
Analysis
Cleveland-Cliffs (CLF) Change in Inventory (2009 - 2026) Analysis & Trends
Cleveland-Cliffs (CLF) has reported Change in Inventory for 18 consecutive years, with -$55.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Change in Inventory rose 74.3% year-over-year to -$55.0 million in Q2 2026; TTM through Jun 2026 was -$148.0 million, a 9.76% increase from a year earlier, with the FY2025 full-year figure at -$315.0 million, down 6400.0% from the prior year.
- Change in Inventory was -$55.0 million for Q2 2026 at Cleveland-Cliffs, up from -$174.0 million in the prior quarter.
- Over five years, Change in Inventory peaked at $372.0 million in Q1 2022 and troughed at -$412.0 million in Q4 2022.
- A 5-year average of -$70.7 million and a median of -$133.5 million in 2023 frame the typical range for Change in Inventory.
- Across the five-year window, Change in Inventory soared 247.73% in 2024 and tumbled 2375.0% in 2025, its largest moves.
- Over 5 years, Change in Inventory stood at -$412.0 million in 2022, then surged by 67.96% to -$132.0 million in 2023, then soared by 247.73% to $195.0 million in 2024, then sank by 56.92% to $84.0 million in 2025, then plunged by 165.48% to -$55.0 million in 2026.
- The last three Change in Inventory figures came in at -$55.0 million (Q2 2026), -$174.0 million (Q1 2026), and $84.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 112.84 Bn | 102.94 Bn | 941.02 Mn | - |
| 2 | Nucor | 58.24 Bn | 55.55 Bn | 2.03 Bn | 377.00 Mn |
| 3 | Steel Dynamics | 34.14 Bn | 33.55 Bn | 958.97 Mn | 48.84 Mn |
| 4 | Gerdau | 10.23 Bn | 9.16 Bn | 558.98 Mn | -196.69 Mn |
| 5 | Commercial Metals | 7.39 Bn | 6.83 Bn | 455.14 Mn | - |
| 6 | Cleveland-Cliffs | 6.75 Bn | 6.68 Bn | 132.00 Mn | -55.00 Mn |
| 7 | Posco Holdings | 4.67 Bn | -5.01 Bn | 1.11 Bn | - |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.41 Bn | 2.86 Bn | - | - |
| 9 | National Steel | 1.82 Bn | -1.00 Bn | 579.08 Mn | - |
| 10 | SunCoke Energy | 866.00 Mn | 823.30 Mn | 100.40 Mn | 1.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -55.00 Mn |
| Mar 31, 2026 | -174.00 Mn |
| Dec 31, 2025 | 84.00 Mn |
| Sep 30, 2025 | -3.00 Mn |
| Jun 30, 2025 | -214.00 Mn |
| Mar 31, 2025 | -182.00 Mn |
| Dec 31, 2024 | 195.00 Mn |
| Sep 30, 2024 | 37.00 Mn |
| Jun 30, 2024 | -235.00 Mn |
| Mar 31, 2024 | 8.00 Mn |
| Dec 31, 2023 | -132.00 Mn |
| Sep 30, 2023 | -135.00 Mn |
| Jun 30, 2023 | -196.00 Mn |
| Mar 31, 2023 | -207.00 Mn |
| Dec 31, 2022 | -412.00 Mn |
| Sep 30, 2022 | -246.00 Mn |
| Jun 30, 2022 | 222.00 Mn |
| Mar 31, 2022 | 372.00 Mn |
| Dec 31, 2021 | 577.00 Mn |
| Sep 30, 2021 | 236.00 Mn |