Cleveland-Cliffs (CLF) Common Equity (2009 - 2026)
Cleveland-Cliffs (CLF) recorded Common Equity of $5.82 billion in Q2 2026, down 3.1% from $6.01 billion a year earlier and down 3.3% from the prior quarter.
Cleveland-Cliffs (CLF) Common Equity (2009 - 2026) Analysis & Trends
At the end of FY2025, Cleveland-Cliffs reported Common Equity of $6.32 billion, down 7.9% from FY2024.
- Annual Common Equity has a five-year compound annual growth rate of 22.0% (FY2020 to FY2025).
- Across earlier years, Common Equity came in at $6.87 billion in FY2024 (-15.2%), $8.1 billion in FY2023 (+0.8%), $8.03 billion in FY2022 (+39.1%) and $5.77 billion in FY2021 (+146.6%).
- Quarterly Common Equity has ranged from $4.29 billion in Q3 2021 to $8.26 billion in Q3 2023 over the past five years.
- On a year-over-year basis, Common Equity has declined for ten consecutive quarters, with an average decline of 12.2% over the last eight quarters.
- Peak year-over-year performance for Common Equity in the last five years was growth of 281.7% in Q3 2021, against a decline of 19.2% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $6.02 billion (Q1 2026), $6.32 billion (Q4 2025) and $5.71 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | 71.70 Bn |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 12.71 Bn |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 35.41 Bn |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | 16.74 Bn |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 32.22 Bn |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | 28.60 Bn |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | 36.85 Bn |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | 23.27 Bn |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | 56.82 Bn |
| 10 | Cleveland-Cliffs | 6.40 Bn | 6.38 Bn | 132.00 Mn | 5.82 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.82 Bn |
| Mar 31, 2026 | 6.02 Bn |
| Dec 31, 2025 | 6.32 Bn |
| Sep 30, 2025 | 5.71 Bn |
| Jun 30, 2025 | 6.01 Bn |
| Mar 31, 2025 | 6.45 Bn |
| Dec 31, 2024 | 6.87 Bn |
| Sep 30, 2024 | 7.07 Bn |
| Jun 30, 2024 | 7.34 Bn |
| Mar 31, 2024 | 7.42 Bn |
| Dec 31, 2023 | 8.10 Bn |
| Sep 30, 2023 | 8.26 Bn |
| Jun 30, 2023 | 8.04 Bn |
| Mar 31, 2023 | 7.79 Bn |
| Dec 31, 2022 | 8.03 Bn |
| Sep 30, 2022 | 7.27 Bn |
| Jun 30, 2022 | 6.99 Bn |
| Mar 31, 2022 | 6.61 Bn |
| Dec 31, 2021 | 5.77 Bn |
| Sep 30, 2021 | 4.29 Bn |
Cleveland-Cliffs Common Equity API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=common-equity&ticker=CLF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "ticker": "CLF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=common-equity&ticker=CLF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();