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.
Powered by 
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| Date | Value |
|---|---|
| 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 |