Cleveland-Cliffs CLF
NYSE CLF
$12.09 -0.20 (-1.67%)
As of: Sep 9, 2026 · 3:59 PM EDT

Cleveland-Cliffs (CLF) EBT (2009 - 2026)

Cleveland-Cliffs' (CLF) quarterly EBT came in at -$152.0 million in 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.

Analysis

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.

  • On a quarterly basis, EBT rose 75.52% year-over-year to -$152.0 million in Q2 2026; TTM through Jun 2026 was -$1.2 billion, a 43.44% increase from a year earlier, with the FY2025 full-year figure at -$2.0 billion, down 110.95% from the prior year.
  • EBT was -$152.0 million for Q2 2026 at Cleveland-Cliffs, up from -$307.0 million in the prior quarter.
  • Over five years, EBT peaked at $1.0 billion in Q1 2022 and troughed at -$635.0 million in Q1 2025.
  • A 5-year average of -$57.4 million and a median of -$139.0 million in 2023 frame the typical range for EBT.
  • Across the five-year window, EBT jumped 1490.91% in 2022 and plunged 10250.0% in 2025, its largest moves.
  • Over 5 years, EBT stood at -$186.0 million in 2022, then soared by 32.26% to -$126.0 million in 2023, then tumbled by 352.38% to -$570.0 million in 2024, then grew by 22.98% to -$439.0 million in 2025, then soared by 65.38% to -$152.0 million in 2026.
  • The last three EBT figures came in at -$152.0 million (Q2 2026), -$307.0 million (Q1 2026), and -$439.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Ternium 116.34 Bn 110.88 Bn 941.02 Mn 487.42 Mn
2 Nucor 59.22 Bn 57.68 Bn 2.03 Bn 1.63 Bn
3 Steel Dynamics 34.76 Bn 33.98 Bn 958.97 Mn 683.46 Mn
4 Gerdau 9.98 Bn 8.94 Bn 558.98 Mn 400.02 Mn
5 Commercial Metals 7.78 Bn 7.22 Bn 455.14 Mn 188.84 Mn
6 Cleveland-Cliffs 7.13 Bn 7.27 Bn 132.00 Mn -152.00 Mn
7 Posco Holdings 4.74 Bn -4.93 Bn 1.11 Bn 607.33 Mn
8 GRUPO SIMEC, S.A.B. de C.V 4.41 Bn 2.86 Bn - -
9 National Steel 1.62 Bn -1.21 Bn 579.08 Mn -226.19 Mn
10 SunCoke Energy 876.76 Mn 861.96 Mn 100.40 Mn 20.50 Mn
Historic Data

Historic Data

Download Data
DateValue
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