Cleveland-Cliffs CLF
NYSE CLF
$11.82 -0.27 (-2.23%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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