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
Download Data
Historic 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 |