Cleveland-Cliffs (CLF) Change in Taxes (2021 - 2026)
Cleveland-Cliffs (CLF) reported Change in Taxes of $4.0 million for Q1 2026, down 42.86% year-over-year from $7.0 million in Q1 2025, and up 300.0% quarter-over-quarter from -$2.0 million in Q4 2025.
Cleveland-Cliffs (CLF) Change in Taxes (2021 - 2026) Analysis & Trends
Cleveland-Cliffs (CLF) has 6 years of Change in Taxes data on file, last reported at $4.0 million in Q1 2026.
- Change in Taxes for Q1 2026 came in at $4.0 million, down 42.86% year-over-year; the trailing twelve-month figure through Mar 2026 was $10.0 million (up 211.11% YoY), and the FY2025 annual result was $13.0 million, up 176.47% from the prior year.
- Change in Taxes grew to $4.0 million in Q1 2026 per CLF's latest filing, from -$2.0 million in the prior quarter.
- Over five years, Change in Taxes peaked at $180.0 million in Q1 2022 and troughed at -$235.0 million in Q2 2022.
- A 5-year average of $5.9 million and a median of $4.0 million in 2026 frame the typical range for Change in Taxes.
- The sharpest annual moves came in 2022 and 2025: Change in Taxes plunged 440.0% in 2022, then jumped 800.0% in 2025.
- A 5-year view of Change in Taxes shows it stood at $87.0 million in 2022, then advanced by 21.84% to $106.0 million in 2023, then plunged by 72.64% to $29.0 million in 2024, then plunged by 106.9% to -$2.0 million in 2025, then soared by 300.0% to $4.0 million in 2026.
- Business Quant data shows CLF's Change in Taxes at $4.0 million in Q1 2026, -$2.0 million in Q4 2025, and $5.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | -129.68 Mn |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 78.00 Mn |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | - |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 74.43 Mn |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | - |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | 4.00 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 | - |
| 10 | NWPX Infrastructure | 1.13 Bn | 1.11 Bn | 26.67 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 106.00 Mn |
| Dec 31, 2023 | 106.00 Mn |