Cleveland-Cliffs (CLF) Inventory (2009 - 2026)
Cleveland-Cliffs (CLF) posted Inventory of $4.53 billion for Q2 2026, down 3.7% from $4.7 billion a year earlier and down 1.4% from the prior quarter.
Cleveland-Cliffs (CLF) Inventory (2009 - 2026) Analysis & Trends
At the end of FY2025, Cleveland-Cliffs' Inventory came in at $4.77 billion, down 6.3% from FY2024.
- Annual Inventory shows a five-year compound annual growth rate of 4.5% (FY2020 to FY2025).
- In prior years, Cleveland-Cliffs' Inventory was $5.09 billion in FY2024 (+14.2%), $4.46 billion in FY2023 (-13.1%), $5.13 billion in FY2022 (-1.1%) and $5.19 billion in FY2021 (+35.5%).
- The Q2 2026 figure stands as the lowest quarterly Inventory since Q3 2024.
- On a year-over-year basis, Inventory has declined in each of the last three quarters, with growth averaging 2.8% over the last eight quarters.
- The strongest year-over-year quarter for Inventory in the past five years was Q3 2021, with growth of 151.0%; the weakest was Q2 2023, with a decline of 18.3%.
- According to Business Quant data, Inventory for the three prior quarters was $4.59 billion (Q1 2026), $4.77 billion (Q4 2025) and $4.68 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | 324.00 Mn |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 1.06 Bn |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 1.48 Bn |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | 4.40 Bn |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | - |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | 1.62 Bn |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | 2.09 Bn |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | 6.02 Bn |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | 19.28 Bn |
| 10 | Cleveland-Cliffs | 6.40 Bn | 6.38 Bn | 132.00 Mn | 4.53 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.53 Bn |
| Mar 31, 2026 | 4.59 Bn |
| Dec 31, 2025 | 4.77 Bn |
| Sep 30, 2025 | 4.68 Bn |
| Jun 30, 2025 | 4.70 Bn |
| Mar 31, 2025 | 4.89 Bn |
| Dec 31, 2024 | 5.09 Bn |
| Sep 30, 2024 | 4.24 Bn |
| Jun 30, 2024 | 4.20 Bn |
| Mar 31, 2024 | 4.45 Bn |
| Dec 31, 2023 | 4.46 Bn |
| Sep 30, 2023 | 4.59 Bn |
| Jun 30, 2023 | 4.73 Bn |
| Mar 31, 2023 | 4.92 Bn |
| Dec 31, 2022 | 5.13 Bn |
| Sep 30, 2022 | 5.54 Bn |
| Jun 30, 2022 | 5.78 Bn |
| Mar 31, 2022 | 5.56 Bn |
| Dec 31, 2021 | 5.19 Bn |
| Sep 30, 2021 | 4.51 Bn |
Cleveland-Cliffs Inventory 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=inventory&ticker=CLF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "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=inventory&ticker=CLF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();