Cleveland-Cliffs (CLF) Change in Taxes (2021 - 2026)
Cleveland-Cliffs (CLF) posted quarterly Change in Taxes of -$2.0 million for Q2 2026, down 166.67% year-over-year from $3.0 million in Q2 2025, and down 150.0% quarter-over-quarter from $4.0 million in Q1 2026.
Cleveland-Cliffs (CLF) Change in Taxes (2021 - 2026) Analysis & Trends
Cleveland-Cliffs (CLF) has reported Change in Taxes for 6 consecutive years, with -$2.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Change in Taxes fell 166.67% year-over-year to -$2.0 million; the TTM figure through Jun 2026 stood at $5.0 million (changed 0.0% YoY), while the FY2025 annual figure was $13.0 million, up 176.47% from the prior year.
- Change in Taxes slipped to -$2.0 million in Q2 2026 per CLF's latest filing, from $4.0 million in the prior quarter.
- Across five years, Change in Taxes topped out at $180.0 million in Q1 2022 and bottomed at -$235.0 million in Q2 2022.
- Historically, Change in Taxes has averaged $5.4 million across 5 years, with a median of $3.5 million in 2025.
- Annual changes were most pronounced in 2022 — Change in Taxes plunged 440.0% — and 2025, when it jumped 800.0%.
- Cleveland-Cliffs' Change in Taxes stood at $87.0 million in 2022, then climbed by 21.84% to $106.0 million in 2023, then sank by 72.64% to $29.0 million in 2024, then sank by 106.9% to -$2.0 million in 2025, then changed by 0.0% to -$2.0 million in 2026.
- Business Quant data shows CLF's Change in Taxes at -$2.0 million in Q2 2026, $4.0 million in Q1 2026, and -$2.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 108.84 Bn | 98.95 Bn | 941.02 Mn | - |
| 2 | Nucor | 55.75 Bn | 53.05 Bn | 2.03 Bn | 32.00 Mn |
| 3 | ArcelorMittal | 54.97 Bn | 50.12 Bn | - | - |
| 4 | Steel Dynamics | 32.99 Bn | 32.40 Bn | 958.97 Mn | -109.89 Mn |
| 5 | Reliance | 19.82 Bn | 19.59 Bn | 1.30 Bn | - |
| 6 | Cleveland-Cliffs | 6.46 Bn | 6.39 Bn | 132.00 Mn | -2.00 Mn |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | 110.36 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.53 Bn | 2.97 Bn | - | - |
| 9 | Posco Holdings | 4.32 Bn | 1.83 Bn | 1.04 Bn | -4.13 Mn |
| 10 | Worthington Steel | 1.74 Bn | 1.66 Bn | 118.80 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -2.00 Mn |
| Jun 30, 2026 | -2.00 Mn |
| Mar 31, 2026 | 4.00 Mn |
| Mar 31, 2026 | 4.00 Mn |
| Dec 31, 2025 | -2.00 Mn |
| Dec 31, 2025 | -2.00 Mn |
| Sep 30, 2025 | 5.00 Mn |
| Sep 30, 2025 | 5.00 Mn |
| Jun 30, 2025 | 3.00 Mn |
| Jun 30, 2025 | 3.00 Mn |
| Mar 31, 2025 | 7.00 Mn |
| Mar 31, 2025 | 7.00 Mn |
| Dec 31, 2024 | 29.00 Mn |
| Dec 31, 2024 | 29.00 Mn |
| Sep 30, 2024 | -34.00 Mn |
| Sep 30, 2024 | -34.00 Mn |
| Jun 30, 2024 | -11.00 Mn |
| Jun 30, 2024 | -11.00 Mn |
| Mar 31, 2024 | -1.00 Mn |
| Mar 31, 2024 | -1.00 Mn |