Cleveland-Cliffs (CLF) Profit After Tax (2009 - 2026)
Cleveland-Cliffs (CLF) reported Profit After Tax of -$226.0 million for Q1 2026, up 54.62% year-over-year from -$146.2 million in Q1 2025, and up 1.74% quarter-over-quarter from -$230.0 million in Q4 2025.
Cleveland-Cliffs (CLF) Profit After Tax (2009 - 2026) Analysis & Trends
Cleveland-Cliffs (CLF) has 18 years of Profit After Tax data on file, last reported at -$226.0 million in Q1 2026.
- Profit After Tax for Q1 2026 came in at -$226.0 million, up 54.62% year-over-year; the trailing twelve-month figure through Mar 2026 was -$1.2 billion (up 1.49% YoY), and the FY2025 annual result was -$1.4 billion, down 87.24% from the prior year.
- Profit After Tax improved to -$226.0 million in Q1 2026 per CLF's latest filing, from -$230.0 million in the prior quarter.
- Over five years, Profit After Tax peaked at $814.0 million in Q1 2022 and troughed at -$498.0 million in Q1 2025.
- A 5-year average of -$37.1 million and a median of -$116.0 million in 2023 frame the typical range for Profit After Tax.
- The sharpest annual moves came in 2022 and 2025: Profit After Tax surged 1328.07% in 2022, then sank 24250.0% in 2025.
- A 5-year view of Profit After Tax shows it stood at -$207.0 million in 2022, then soared by 43.96% to -$116.0 million in 2023, then tumbled by 313.79% to -$480.0 million in 2024, then soared by 52.08% to -$230.0 million in 2025, then increased by 1.74% to -$226.0 million in 2026.
- Business Quant data shows CLF's Profit After Tax at -$226.0 million in Q1 2026, -$230.0 million in Q4 2025, and -$251.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | 372.39 Mn |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 870.00 Mn |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | 581.00 Mn |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 400.11 Mn |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | 264.90 Mn |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | -226.00 Mn |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | -116.24 |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | -116.95 Mn |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | 10.40 Mn |
| 10 | NWPX Infrastructure | 1.13 Bn | 1.11 Bn | 26.67 Mn | 10.53 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -226.00 Mn |
| Dec 31, 2025 | -230.00 Mn |
| Sep 30, 2025 | -251.00 Mn |
| Jun 30, 2025 | -483.00 Mn |
| Mar 31, 2025 | -498.00 Mn |
| Dec 31, 2024 | -480.00 Mn |
| Sep 30, 2024 | -232.00 Mn |
| Jun 30, 2024 | 2.00 Mn |
| Mar 31, 2024 | -53.00 Mn |
| Dec 31, 2023 | -116.00 Mn |
| Sep 30, 2023 | 264.00 Mn |
| Jun 30, 2023 | 347.00 Mn |
| Mar 31, 2023 | -43.00 Mn |
| Dec 31, 2022 | -207.00 Mn |
| Sep 30, 2022 | 165.00 Mn |
| Jun 30, 2022 | 596.00 Mn |
| Mar 31, 2022 | 814.00 Mn |
| Dec 31, 2021 | 898.00 Mn |
| Sep 30, 2021 | 1.27 Bn |
| Jun 30, 2021 | 795.00 Mn |