Cleveland-Cliffs (CLF) Change in Inventory (2009 - 2026)
Cleveland-Cliffs (CLF) reported Change in Inventory of -$174.0 million for Q1 2026, up 4.4% year-over-year from -$166.7 million in Q1 2025, and down 307.14% quarter-over-quarter from $84.0 million in Q4 2025.
Cleveland-Cliffs (CLF) Change in Inventory (2009 - 2026) Analysis & Trends
Cleveland-Cliffs (CLF) has 18 years of Change in Inventory data on file, last reported at -$174.0 million in Q1 2026.
- Change in Inventory for Q1 2026 came in at -$174.0 million, up 4.4% year-over-year; the trailing twelve-month figure through Mar 2026 was -$307.0 million (down 65.95% YoY), and the FY2025 annual result was -$315.0 million, down 6400.0% from the prior year.
- Change in Inventory retreated to -$174.0 million in Q1 2026 per CLF's latest filing, from $84.0 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 -$71.6 million and a median of -$135.0 million in 2023 frame the typical range for Change in Inventory.
- The sharpest annual moves came in 2024 and 2025: Change in Inventory jumped 247.73% in 2024, then slumped 2375.0% in 2025.
- A 5-year view of Change in Inventory shows it stood at -$412.0 million in 2022, then soared by 67.96% to -$132.0 million in 2023, then jumped by 247.73% to $195.0 million in 2024, then plunged by 56.92% to $84.0 million in 2025, then plunged by 307.14% to -$174.0 million in 2026.
- Business Quant data shows CLF's Change in Inventory at -$174.0 million in Q1 2026, $84.0 million in Q4 2025, and -$3.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | - |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 183.00 Mn |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | 18.71 Bn |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 174.43 Mn |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | 47.70 Mn |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | -174.00 Mn |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | - |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | - |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | 21.10 Mn |
| 10 | NWPX Infrastructure | 1.13 Bn | 1.11 Bn | 26.67 Mn | -6.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | -132.00 Mn |
| Dec 31, 2023 | -132.00 Mn |