Cleveland-Cliffs (CLF) EBT (2009 - 2026)
Cleveland-Cliffs (CLF) posted quarterly EBT of -$152.0 million for Q2 2026, up 75.52% year-over-year from -$86.6 million in Q2 2025, and up 50.49% quarter-over-quarter from -$307.0 million in Q1 2026.
Cleveland-Cliffs (CLF) EBT (2009 - 2026) Analysis & Trends
Cleveland-Cliffs (CLF) has reported EBT for 18 consecutive years, with -$152.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, EBT rose 75.52% year-over-year to -$152.0 million; the TTM figure through Jun 2026 stood at -$1.2 billion (up 43.44% YoY), while the FY2025 annual figure was -$2.0 billion, down 110.95% from the prior year.
- EBT rose to -$152.0 million in Q2 2026 per CLF's latest filing, from -$307.0 million in the prior quarter.
- Across five years, EBT topped out at $1.0 billion in Q1 2022 and bottomed at -$635.0 million in Q1 2025.
- Historically, EBT has averaged -$57.4 million across 5 years, with a median of -$139.0 million in 2023.
- Annual changes were most pronounced in 2022 — EBT surged 1490.91% — and 2025, when it tumbled 10250.0%.
- Cleveland-Cliffs' EBT stood at -$186.0 million in 2022, then surged by 32.26% to -$126.0 million in 2023, then tumbled by 352.38% to -$570.0 million in 2024, then rose by 22.98% to -$439.0 million in 2025, then surged by 65.38% to -$152.0 million in 2026.
- Business Quant data shows CLF's EBT at -$152.0 million in Q2 2026, -$307.0 million in Q1 2026, and -$439.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 106.22 Bn | 96.33 Bn | 941.02 Mn | 487.42 Mn |
| 2 | Nucor | 55.03 Bn | 52.34 Bn | 2.03 Bn | 1.63 Bn |
| 3 | ArcelorMittal | 54.04 Bn | 49.19 Bn | - | 862.00 Mn |
| 4 | Steel Dynamics | 31.61 Bn | 31.03 Bn | 958.97 Mn | 683.46 Mn |
| 5 | Reliance | 19.53 Bn | 19.29 Bn | 1.30 Bn | 429.80 Mn |
| 6 | Cleveland-Cliffs | 6.15 Bn | 6.08 Bn | 132.00 Mn | -152.00 Mn |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | 400.02 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.56 Bn | 3.00 Bn | - | - |
| 9 | Posco Holdings | 4.34 Bn | 1.84 Bn | 1.04 Bn | 164.21 Mn |
| 10 | Worthington Steel | 1.70 Bn | 1.61 Bn | 118.80 Mn | -44.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -152.00 Mn |
| Mar 31, 2026 | -307.00 Mn |
| Dec 31, 2025 | -439.00 Mn |
| Sep 30, 2025 | -309.00 Mn |
| Jun 30, 2025 | -621.00 Mn |
| Mar 31, 2025 | -635.00 Mn |
| Dec 31, 2024 | -570.00 Mn |
| Sep 30, 2024 | -308.00 Mn |
| Jun 30, 2024 | -6.00 Mn |
| Mar 31, 2024 | -61.00 Mn |
| Dec 31, 2023 | -126.00 Mn |
| Sep 30, 2023 | 303.00 Mn |
| Jun 30, 2023 | 458.00 Mn |
| Mar 31, 2023 | -56.00 Mn |
| Dec 31, 2022 | -186.00 Mn |
| Sep 30, 2022 | 175.00 Mn |
| Jun 30, 2022 | 757.00 Mn |
| Mar 31, 2022 | 1.05 Bn |
| Dec 31, 2021 | 1.11 Bn |
| Sep 30, 2021 | 1.62 Bn |