Cleveland-Cliffs (CLF) Enterprise Value (2009 - 2026)
Cleveland-Cliffs' (CLF) quarterly Enterprise Value came in at $5.5 billion in Q2 2026, up 40.28% year-over-year from $3.9 billion in Q2 2025, and up 10.65% quarter-over-quarter from $5.0 billion in Q1 2026.
Analysis
Cleveland-Cliffs (CLF) Enterprise Value (2009 - 2026) Analysis & Trends
Cleveland-Cliffs (CLF) has reported Enterprise Value for 18 consecutive years, with $5.5 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Enterprise Value rose 40.28% year-over-year to $5.5 billion in Q2 2026; TTM through Jun 2026 was $5.5 billion, a 40.28% increase from a year earlier, with the FY2025 full-year figure at $7.7 billion, up 60.02% from the prior year.
- Enterprise Value was $5.5 billion for Q2 2026 at Cleveland-Cliffs, up from $5.0 billion in the prior quarter.
- Over five years, Enterprise Value peaked at $17.1 billion in Q1 2022 and troughed at $3.9 billion in Q2 2025.
- A 5-year average of $7.8 billion and a median of $7.5 billion in 2024 frame the typical range for Enterprise Value.
- Across the five-year window, Enterprise Value jumped 67.02% in 2022 and plunged 61.56% in 2025, its largest moves.
- Over 5 years, Enterprise Value stood at $8.5 billion in 2022, then rose by 21.8% to $10.3 billion in 2023, then slumped by 53.4% to $4.8 billion in 2024, then jumped by 60.02% to $7.7 billion in 2025, then retreated by 28.71% to $5.5 billion in 2026.
- The last three Enterprise Value figures came in at $5.5 billion (Q2 2026), $5.0 billion (Q1 2026), and $7.7 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ternium | 114.02 Bn | 104.12 Bn | 941.02 Mn |
| 2 | Nucor | 58.75 Bn | 56.06 Bn | 2.03 Bn |
| 3 | Steel Dynamics | 34.64 Bn | 34.06 Bn | 958.97 Mn |
| 4 | Gerdau | 10.07 Bn | 9.00 Bn | 558.98 Mn |
| 5 | Commercial Metals | 7.63 Bn | 7.07 Bn | 455.14 Mn |
| 6 | Cleveland-Cliffs | 6.92 Bn | 6.85 Bn | 132.00 Mn |
| 7 | Posco Holdings | 4.73 Bn | -4.95 Bn | 1.11 Bn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.41 Bn | 2.86 Bn | - |
| 9 | National Steel | 1.76 Bn | -1.07 Bn | 579.08 Mn |
| 10 | SunCoke Energy | 874.57 Mn | 831.87 Mn | 100.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.50 Bn |
| Mar 31, 2026 | 4.97 Bn |
| Dec 31, 2025 | 7.72 Bn |
| Sep 30, 2025 | 6.21 Bn |
| Jun 30, 2025 | 3.92 Bn |
| Mar 31, 2025 | 4.24 Bn |
| Dec 31, 2024 | 4.82 Bn |
| Sep 30, 2024 | 6.18 Bn |
| Jun 30, 2024 | 7.36 Bn |
| Mar 31, 2024 | 11.02 Bn |
| Dec 31, 2023 | 10.35 Bn |
| Sep 30, 2023 | 8.10 Bn |
| Jun 30, 2023 | 8.73 Bn |
| Mar 31, 2023 | 9.63 Bn |
| Dec 31, 2022 | 8.49 Bn |
| Sep 30, 2022 | 7.15 Bn |
| Jun 30, 2022 | 8.17 Bn |
| Mar 31, 2022 | 17.14 Bn |
| Dec 31, 2021 | 11.12 Bn |
| Sep 30, 2021 | 10.16 Bn |