Cleveland-Cliffs (CLF) Depreciation & Amortization (CF) (2009 - 2026)
Cleveland-Cliffs' Depreciation & Amortization (CF) was $259 million in Q3 2026, down 10.1% from $288 million a year earlier and down 1.1% from the prior quarter.
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Analysis
Cleveland-Cliffs (CLF) Depreciation & Amortization (CF) (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Cleveland-Cliffs' Depreciation & Amortization (CF) was $1.05 billion through Sep 30, 2026, down 13.8% year-over-year; for FY2025, it came in at $1.24 billion, up 29.9% from FY2024.
- Depreciation & Amortization (CF) shows a five-year compound annual growth rate of 32.0% (FY2020 to FY2025).
- In earlier years, Depreciation & Amortization (CF) was $951 million in FY2024 (-2.3%), $973 million in FY2023 (-5.9%), $1.03 billion in FY2022 (+15.3%) and $897 million in FY2021 (+191.2%).
- Quarterly Depreciation & Amortization (CF) has moved between $228 million (Q2 2024) and $393 million (Q2 2025) over five years.
- Compared with a year earlier, Depreciation & Amortization (CF) has declined for three straight quarters, with growth averaging 10.1% over the last eight quarters.
- The best year-over-year quarter for Depreciation & Amortization (CF) over five years was Q4 2021 (growth of 87.9%); the worst was Q2 2026 (a decline of 33.3%).
- Per Business Quant data, CLF's Depreciation & Amortization (CF) in the three quarters before Q3 2026 was $262 million (Q2 2026), $259 million (Q1 2026) and $272 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Amort. (Qtr) |
|---|---|---|---|---|---|
| 1 | Nucor | 175.24 Bn | 165.01 Bn | 2.33 Bn | 326.00 Mn |
| 2 | Rio Tinto | 166.15 Bn | 128.95 Bn | - | - |
| 3 | Southern Copper | 143.83 Bn | 118.64 Bn | 3.10 Bn | 230.40 Mn |
| 4 | Rio Tinto | 137.31 Bn | 104.37 Bn | - | - |
| 5 | Newmont | 124.66 Bn | 89.98 Bn | 4.22 Bn | 632.00 Mn |
| 6 | Ternium | 102.52 Bn | 75.29 Bn | 1.04 Bn | 198.00 Mn |
| 7 | Agnico Eagle Mines | 95.19 Bn | 82.13 Bn | 2.15 Bn | 457.45 Mn |
| 8 | Freeport-Mcmoran | 86.53 Bn | 83.18 Bn | 2.55 Bn | 520.00 Mn |
| 9 | Barrick Mining | 66.50 Bn | 50.91 Bn | 2.71 Bn | 567.00 Mn |
| 10 | Cleveland-Cliffs | 7.33 Bn | 7.36 Bn | 465.00 Mn | 259.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 259.00 Mn |
| Jun 30, 2026 | 262.00 Mn |
| Mar 31, 2026 | 259.00 Mn |
| Dec 31, 2025 | 272.00 Mn |
| Sep 30, 2025 | 288.00 Mn |
| Jun 30, 2025 | 393.00 Mn |
| Mar 31, 2025 | 282.00 Mn |
| Dec 31, 2024 | 258.00 Mn |
| Sep 30, 2024 | 235.00 Mn |
| Jun 30, 2024 | 228.00 Mn |
| Mar 31, 2024 | 230.00 Mn |
| Dec 31, 2023 | 235.00 Mn |
| Sep 30, 2023 | 249.00 Mn |
| Jun 30, 2023 | 247.00 Mn |
| Mar 31, 2023 | 242.00 Mn |
| Dec 31, 2022 | 246.00 Mn |
| Sep 30, 2022 | 237.00 Mn |
| Jun 30, 2022 | 250.00 Mn |
| Mar 31, 2022 | 301.00 Mn |
| Dec 31, 2021 | 233.00 Mn |
API Access
Cleveland-Cliffs Depreciation & Amortization (CF) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-amortization-cf&ticker=CLF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-amortization-cf", "ticker": "CLF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-amortization-cf&ticker=CLF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();