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
DateValue
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