Cleveland-Cliffs (CLF) Interest Expenses (2009 - 2026)
Cleveland-Cliffs (CLF) posted quarterly Interest Expenses of $79.0 million for Q2 2026, down 10.23% year-over-year from $88.0 million in Q2 2025, and down 42.75% quarter-over-quarter from $138.0 million in Q1 2026.
Cleveland-Cliffs (CLF) Interest Expenses (2009 - 2026) Analysis & Trends
Cleveland-Cliffs (CLF) has reported Interest Expenses for 18 consecutive years, with $79.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Interest Expenses fell 10.23% year-over-year to $79.0 million; the TTM figure through Jun 2026 stood at $79.0 million (down 10.23% YoY), while the FY2025 annual figure was $459.0 million, up 18.3% from the prior year.
- Interest Expenses retreated to $79.0 million in Q2 2026 per CLF's latest filing, from $138.0 million in the prior quarter.
- Across five years, Interest Expenses topped out at $138.0 million in Q1 2026 and bottomed at -$273.0 million in Q4 2025.
- Historically, Interest Expenses has averaged $42.4 million across 5 years, with a median of $62.0 million in 2023.
- Annual changes were most pronounced in 2022 — Interest Expenses soared 530.0% — and 2025, when it slumped 540.32%.
- Cleveland-Cliffs' Interest Expenses stood at $48.0 million in 2022, then plunged by 397.92% to -$143.0 million in 2023, then jumped by 143.36% to $62.0 million in 2024, then plunged by 540.32% to -$273.0 million in 2025, then soared by 128.94% to $79.0 million in 2026.
- Business Quant data shows CLF's Interest Expenses at $79.0 million in Q2 2026, $138.0 million in Q1 2026, and -$273.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 109.15 Bn | 99.25 Bn | 941.02 Mn | -50.43 Mn |
| 2 | Nucor | 56.08 Bn | 53.39 Bn | 2.03 Bn | 36.00 Mn |
| 3 | ArcelorMittal | 55.59 Bn | 50.74 Bn | - | - |
| 4 | Steel Dynamics | 32.92 Bn | 32.34 Bn | 958.97 Mn | 39.12 Mn |
| 5 | Reliance | 19.71 Bn | 19.47 Bn | 1.30 Bn | 18.20 Mn |
| 6 | Cleveland-Cliffs | 6.63 Bn | 6.56 Bn | 132.00 Mn | - |
| 7 | Gerdau | 5.47 Bn | 4.33 Bn | 558.98 Mn | -89.44 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.56 Bn | 3.00 Bn | - | - |
| 9 | Posco Holdings | 4.34 Bn | 1.85 Bn | 1.04 Bn | -1.09 Bn |
| 10 | Worthington Steel | 1.74 Bn | 1.65 Bn | 118.80 Mn | 20.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 79.00 Mn |
| Jun 30, 2026 | 79.00 Mn |
| Mar 31, 2026 | 138.00 Mn |
| Mar 31, 2026 | 138.00 Mn |
| Dec 31, 2025 | -273.00 Mn |
| Dec 31, 2025 | -273.00 Mn |
| Sep 30, 2025 | 96.00 Mn |
| Sep 30, 2025 | 96.00 Mn |
| Jun 30, 2025 | 88.00 Mn |
| Jun 30, 2025 | 88.00 Mn |
| Mar 31, 2025 | 92.00 Mn |
| Mar 31, 2025 | 92.00 Mn |
| Dec 31, 2024 | 62.00 Mn |
| Dec 31, 2024 | 62.00 Mn |
| Sep 30, 2024 | 61.00 Mn |
| Sep 30, 2024 | 61.00 Mn |
| Jun 30, 2024 | 51.00 Mn |
| Jun 30, 2024 | 51.00 Mn |
| Mar 31, 2024 | 55.00 Mn |
| Mar 31, 2024 | 55.00 Mn |