Cleveland-Cliffs (CLF) Depreciation and Depletion (2019 - 2026)
Cleveland-Cliffs (CLF) reported Depreciation and Depletion of $239.0 million for Q1 2026, down 9.47% year-over-year from $264.0 million in Q1 2025, and little changed quarter-over-quarter from $239.0 million in Q4 2025.
Cleveland-Cliffs (CLF) Depreciation and Depletion (2019 - 2026) Analysis & Trends
Cleveland-Cliffs (CLF) has 8 years of Depreciation and Depletion data on file, last reported at $239.0 million in Q1 2026.
- Depreciation and Depletion for Q1 2026 came in at $239.0 million, down 9.47% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.1 billion (up 19.15% YoY), and the FY2025 annual result was $1.1 billion, up 26.8% from the prior year.
- Depreciation and Depletion steadied at $239.0 million in Q1 2026 per CLF's latest filing, from $239.0 million in the prior quarter.
- Over five years, Depreciation and Depletion peaked at $374.0 million in Q2 2025 and troughed at -$699.0 million in Q4 2023.
- A 5-year average of $194.6 million and a median of $239.0 million in 2023 frame the typical range for Depreciation and Depletion.
- The sharpest annual moves came in 2022 and 2023: Depreciation and Depletion soared 133.5% in 2022, then plunged 439.32% in 2023.
- A 5-year view of Depreciation and Depletion shows it stood at $206.0 million in 2022, then sank by 439.32% to -$699.0 million in 2023, then soared by 130.9% to $216.0 million in 2024, then grew by 10.65% to $239.0 million in 2025, then changed by 0.0% to $239.0 million in 2026.
- Business Quant data shows CLF's Depreciation and Depletion at $239.0 million in Q1 2026, $239.0 million in Q4 2025, and $268.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | - |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 321.00 Mn |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | -749.00 Mn |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | - |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | - |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | 239.00 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 | 239.00 Mn |
| Mar 31, 2026 | 239.00 Mn |
| Dec 31, 2025 | 239.00 Mn |
| Dec 31, 2025 | 239.00 Mn |
| Sep 30, 2025 | 268.00 Mn |
| Sep 30, 2025 | 268.00 Mn |
| Jun 30, 2025 | 374.00 Mn |
| Jun 30, 2025 | 374.00 Mn |
| Mar 31, 2025 | 264.00 Mn |
| Mar 31, 2025 | 264.00 Mn |
| Dec 31, 2024 | 216.00 Mn |
| Dec 31, 2024 | 216.00 Mn |
| Sep 30, 2024 | 233.00 Mn |
| Sep 30, 2024 | 233.00 Mn |
| Jun 30, 2024 | 227.00 Mn |
| Jun 30, 2024 | 227.00 Mn |
| Mar 31, 2024 | 227.00 Mn |
| Mar 31, 2024 | 227.00 Mn |
| Dec 31, 2023 | -699.00 Mn |
| Dec 31, 2023 | -699.00 Mn |