Cleveland-Cliffs (CLF) Property, Plant & Equipment (Net) (2009 - 2026)
Cleveland-Cliffs' Property, Plant & Equipment (Net) came in at $9.19 billion for Q3 2026, down 3.4% from $9.51 billion a year earlier and down 0.6% from the prior quarter.
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Analysis
Cleveland-Cliffs (CLF) Property, Plant & Equipment (Net) (2009 - 2026) Analysis & Trends
At the end of FY2025, Cleveland-Cliffs' Property, Plant & Equipment (Net) was $9.48 billion, down 4.6% from FY2024.
- Property, Plant & Equipment (Net) carries a five-year compound annual growth rate of 1.6% (FY2020 to FY2025).
- Going back by year, Property, Plant & Equipment (Net) was $9.94 billion in FY2024 (+11.8%), $8.9 billion in FY2023 (-1.9%), $9.07 billion in FY2022 (-1.3%) and $9.19 billion in FY2021 (+5.1%).
- The Q3 2026 figure represents the lowest quarterly Property, Plant & Equipment (Net) since Q3 2024.
- Year-over-year, Property, Plant & Equipment (Net) has declined for four consecutive quarters, with growth averaging 3.3% over the last eight quarters.
- The fastest year-over-year change in Property, Plant & Equipment (Net) over five years came in Q4 2024 (growth of 11.8%), and the weakest in Q4 2025 (a decline of 4.6%).
- Business Quant data shows CLF's Property, Plant & Equipment (Net) at $9.24 billion (Q2 2026), $9.35 billion (Q1 2026) and $9.48 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | Nucor | 175.24 Bn | 165.01 Bn | 2.33 Bn | 16.10 Bn |
| 2 | Rio Tinto | 166.15 Bn | 128.95 Bn | - | 88.03 Bn |
| 3 | Southern Copper | 143.83 Bn | 118.64 Bn | 3.10 Bn | 11.04 Bn |
| 4 | Rio Tinto | 137.31 Bn | 104.37 Bn | - | 88.03 Bn |
| 5 | Newmont | 124.66 Bn | 89.98 Bn | 4.22 Bn | 33.87 Bn |
| 6 | Ternium | 102.52 Bn | 75.29 Bn | 1.04 Bn | 11.19 Bn |
| 7 | Agnico Eagle Mines | 95.19 Bn | 82.13 Bn | 2.15 Bn | 26.20 Bn |
| 8 | Freeport-Mcmoran | 86.53 Bn | 83.18 Bn | 2.55 Bn | 42.33 Bn |
| 9 | Barrick Mining | 66.50 Bn | 50.91 Bn | 2.71 Bn | 31.11 Bn |
| 10 | Cleveland-Cliffs | 7.33 Bn | 7.36 Bn | 465.00 Mn | 9.19 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 9.19 Bn |
| Jun 30, 2026 | 9.24 Bn |
| Mar 31, 2026 | 9.35 Bn |
| Dec 31, 2025 | 9.48 Bn |
| Sep 30, 2025 | 9.51 Bn |
| Jun 30, 2025 | 9.62 Bn |
| Mar 31, 2025 | 9.80 Bn |
| Dec 31, 2024 | 9.94 Bn |
| Sep 30, 2024 | 8.69 Bn |
| Jun 30, 2024 | 8.73 Bn |
| Mar 31, 2024 | 8.77 Bn |
| Dec 31, 2023 | 8.90 Bn |
| Sep 30, 2023 | 8.84 Bn |
| Jun 30, 2023 | 8.88 Bn |
| Mar 31, 2023 | 8.95 Bn |
| Dec 31, 2022 | 9.07 Bn |
| Sep 30, 2022 | 9.03 Bn |
| Jun 30, 2022 | 9.05 Bn |
| Mar 31, 2022 | 9.01 Bn |
| Dec 31, 2021 | 9.19 Bn |
API Access
Cleveland-Cliffs Property, Plant & Equipment (Net) 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=property-plant-and-equipment-net&ticker=CLF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "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=property-plant-and-equipment-net&ticker=CLF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();