Cleveland-Cliffs CLF
NYSE CLF
$10.73 -0.43 (-3.85%)
At close: Aug 20, 2026 · 4:00 PM EDT

Cleveland-Cliffs (CLF) Change in Inventory (2009 - 2026)

Cleveland-Cliffs (CLF) posted quarterly Change in Inventory of -$55.0 million for 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.

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.

  • In Q2 2026, Change in Inventory rose 74.3% year-over-year to -$55.0 million; the TTM figure through Jun 2026 stood at -$148.0 million (up 9.76% YoY), while the FY2025 annual figure was -$315.0 million, down 6400.0% from the prior year.
  • Change in Inventory climbed to -$55.0 million in Q2 2026 per CLF's latest filing, from -$174.0 million in the prior quarter.
  • Across five years, Change in Inventory topped out at $372.0 million in Q1 2022 and bottomed at -$412.0 million in Q4 2022.
  • Historically, Change in Inventory has averaged -$70.7 million across 5 years, with a median of -$133.5 million in 2023.
  • Annual changes were most pronounced in 2024 — Change in Inventory jumped 247.73% — and 2025, when it slumped 2375.0%.
  • Cleveland-Cliffs' Change in Inventory stood at -$412.0 million in 2022, then jumped by 67.96% to -$132.0 million in 2023, then surged 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.
  • Business Quant data shows CLF's Change in Inventory at -$55.0 million in Q2 2026, -$174.0 million in Q1 2026, and $84.0 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Ternium 106.22 Bn 96.33 Bn 941.02 Mn -
2 Nucor 55.03 Bn 52.34 Bn 2.03 Bn 377.00 Mn
3 ArcelorMittal 54.04 Bn 49.19 Bn - -
4 Steel Dynamics 31.61 Bn 31.03 Bn 958.97 Mn 48.84 Mn
5 Reliance 19.53 Bn 19.29 Bn 1.30 Bn 91.40 Mn
6 Cleveland-Cliffs 6.15 Bn 6.08 Bn 132.00 Mn -55.00 Mn
7 Gerdau 5.42 Bn 4.28 Bn 558.98 Mn -196.69 Mn
8 GRUPO SIMEC, S.A.B. de C.V 4.56 Bn 3.00 Bn - -
9 Posco Holdings 4.34 Bn 1.84 Bn 1.04 Bn -
10 Worthington Steel 1.70 Bn 1.61 Bn 118.80 Mn -18.70 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -55.00 Mn
Jun 30, 2026 -55.00 Mn
Mar 31, 2026 -174.00 Mn
Mar 31, 2026 -174.00 Mn
Dec 31, 2025 84.00 Mn
Dec 31, 2025 84.00 Mn
Sep 30, 2025 -3.00 Mn
Sep 30, 2025 -3.00 Mn
Jun 30, 2025 -214.00 Mn
Jun 30, 2025 -214.00 Mn
Mar 31, 2025 -182.00 Mn
Mar 31, 2025 -182.00 Mn
Dec 31, 2024 195.00 Mn
Dec 31, 2024 195.00 Mn
Sep 30, 2024 37.00 Mn
Sep 30, 2024 37.00 Mn
Jun 30, 2024 -235.00 Mn
Jun 30, 2024 -235.00 Mn
Mar 31, 2024 8.00 Mn
Mar 31, 2024 8.00 Mn