Cleveland-Cliffs CLF
NYSE CLF
$11.27 +0.53 (+4.93%)
At close: Aug 21, 2026 · 4:00 PM EDT

Cleveland-Cliffs (CLF) Profit After Tax (2009 - 2026)

Cleveland-Cliffs (CLF) posted quarterly Profit After Tax of -$145.0 million for Q2 2026, up 70.16% year-over-year from -$85.2 million in Q2 2025, and up 51.01% quarter-over-quarter from -$296.0 million in Q1 2026.

Cleveland-Cliffs (CLF) Profit After Tax (2009 - 2026) Analysis & Trends

Cleveland-Cliffs (CLF) has reported Profit After Tax for 18 consecutive years, with -$145.0 million the latest figure, recorded in Q2 2026.

  • In Q2 2026, Profit After Tax rose 70.16% year-over-year to -$145.0 million; the TTM figure through Jun 2026 stood at -$935.0 million (up 41.12% YoY), while the FY2025 annual figure was -$1.5 billion, down 94.47% from the prior year.
  • Profit After Tax rose to -$145.0 million in Q2 2026 per CLF's latest filing, from -$296.0 million in the prior quarter.
  • Across five years, Profit After Tax topped out at $911.0 million in Q1 2022 and bottomed at -$486.0 million in Q2 2025.
  • Historically, Profit After Tax has averaged -$49.8 million across 5 years, with a median of -$178.5 million in 2022.
  • Annual changes were most pronounced in 2022 — Profit After Tax soared 1201.43% — and 2025, when it plunged 1969.23%.
  • Cleveland-Cliffs' Profit After Tax stood at -$204.0 million in 2022, then climbed by 25.0% to -$153.0 million in 2023, then plunged by 192.16% to -$447.0 million in 2024, then soared by 45.64% to -$243.0 million in 2025, then surged by 40.33% to -$145.0 million in 2026.
  • Business Quant data shows CLF's Profit After Tax at -$145.0 million in Q2 2026, -$296.0 million in Q1 2026, and -$243.0 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) PAT (Qtr)
1 Ternium 108.84 Bn 98.95 Bn 941.02 Mn 465.00 Mn
2 Nucor 55.75 Bn 53.05 Bn 2.03 Bn 1.28 Bn
3 ArcelorMittal 54.97 Bn 50.12 Bn - 687.00 Mn
4 Steel Dynamics 32.99 Bn 32.40 Bn 958.97 Mn 530.79 Mn
5 Reliance 19.82 Bn 19.59 Bn 1.30 Bn 323.60 Mn
6 Cleveland-Cliffs 6.46 Bn 6.39 Bn 132.00 Mn -145.00 Mn
7 Gerdau 5.42 Bn 4.28 Bn 558.98 Mn 289.66 Mn
8 GRUPO SIMEC, S.A.B. de C.V 4.53 Bn 2.97 Bn - -
9 Posco Holdings 4.32 Bn 1.83 Bn 1.04 Bn 123.16 Mn
10 Worthington Steel 1.74 Bn 1.66 Bn 118.80 Mn -83.80 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -145.00 Mn
Mar 31, 2026 -296.00 Mn
Dec 31, 2025 -243.00 Mn
Sep 30, 2025 -251.00 Mn
Jun 30, 2025 -486.00 Mn
Mar 31, 2025 -411.00 Mn
Dec 31, 2024 -447.00 Mn
Sep 30, 2024 -244.00 Mn
Jun 30, 2024 26.00 Mn
Mar 31, 2024 -65.00 Mn
Dec 31, 2023 -153.00 Mn
Sep 30, 2023 275.00 Mn
Jun 30, 2023 348.00 Mn
Mar 31, 2023 -221.00 Mn
Dec 31, 2022 -204.00 Mn
Sep 30, 2022 165.00 Mn
Jun 30, 2022 544.00 Mn
Mar 31, 2022 911.00 Mn
Dec 31, 2021 899.00 Mn
Sep 30, 2021 1.28 Bn