Cleveland-Cliffs (CLF) Gross Profit (2009 - 2026)
Cleveland-Cliffs (CLF) reported Gross Profit of -$82.0 million for Q1 2026, up 79.29% year-over-year from -$45.7 million in Q1 2025, and up 60.19% quarter-over-quarter from -$206.0 million in Q4 2025.
Cleveland-Cliffs (CLF) Gross Profit (2009 - 2026) Analysis & Trends
Cleveland-Cliffs (CLF) has 18 years of Gross Profit data on file, last reported at -$82.0 million in Q1 2026.
- Gross Profit for Q1 2026 came in at -$82.0 million, up 79.29% year-over-year; the trailing twelve-month figure through Mar 2026 was -$543.0 million (up 11.42% YoY), and the FY2025 annual result was -$860.0 million, down 1465.08% from the prior year.
- Gross Profit grew to -$82.0 million in Q1 2026 per CLF's latest filing, from -$206.0 million in the prior quarter.
- Over five years, Gross Profit peaked at $1.2 billion in Q1 2022 and troughed at -$396.0 million in Q1 2025.
- A 5-year average of $177.6 million and a median of $99.0 million in 2023 frame the typical range for Gross Profit.
- The sharpest annual moves came in 2023 and 2024: Gross Profit jumped 350.0% in 2023, then sank 282.0% in 2024.
- A 5-year view of Gross Profit shows it stood at -$60.0 million in 2022, then jumped by 350.0% to $150.0 million in 2023, then slumped by 282.0% to -$273.0 million in 2024, then advanced by 24.54% to -$206.0 million in 2025, then jumped by 60.19% to -$82.0 million in 2026.
- Business Quant data shows CLF's Gross Profit at -$82.0 million in Q1 2026, -$206.0 million in Q4 2025, and -$46.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn |
| 10 | NWPX Infrastructure | 1.13 Bn | 1.11 Bn | 26.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -82.00 Mn |
| Mar 31, 2026 | -82.00 Mn |
| Dec 31, 2025 | -206.00 Mn |
| Dec 31, 2025 | -206.00 Mn |
| Sep 30, 2025 | -46.00 Mn |
| Sep 30, 2025 | -46.00 Mn |
| Jun 30, 2025 | -209.00 Mn |
| Jun 30, 2025 | -209.00 Mn |
| Mar 31, 2025 | -396.00 Mn |
| Mar 31, 2025 | -396.00 Mn |
| Dec 31, 2024 | -273.00 Mn |
| Dec 31, 2024 | -273.00 Mn |
| Sep 30, 2024 | -106.00 Mn |
| Sep 30, 2024 | -106.00 Mn |
| Jun 30, 2024 | 162.00 Mn |
| Jun 30, 2024 | 162.00 Mn |
| Mar 31, 2024 | 285.00 Mn |
| Mar 31, 2024 | 285.00 Mn |
| Dec 31, 2023 | 150.00 Mn |
| Dec 31, 2023 | 150.00 Mn |