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