Cleveland-Cliffs (CLF) Retained Earnings (2009 - 2026)
Cleveland-Cliffs' Retained Earnings was -$911 million in Q2 2026, compared with $1 million a year earlier.
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Analysis
Cleveland-Cliffs (CLF) Retained Earnings (2009 - 2026) Analysis & Trends
At the end of FY2025, Retained Earnings at Cleveland-Cliffs came in at -$529 million.
- In earlier years, Retained Earnings was $949 million in FY2024 (-45.2%), $1.73 billion in FY2023 (+29.9%), $1.33 billion in FY2022 and -$1 million in FY2021.
- The Q2 2026 figure marks the lowest quarterly Retained Earnings since Q2 2021.
- The best year-over-year quarter for Retained Earnings over five years was Q1 2023 (growth of 59.6%); the worst was Q2 2025 (a decline of 99.9%).
- Per Business Quant data, CLF's Retained Earnings in the three quarters before Q2 2026 was -$766 million (Q1 2026), -$529 million (Q4 2025) and -$286 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | 49.29 Bn |
| 2 | Southern Copper | 167.30 Bn | 146.09 Bn | 2.90 Bn | 4.59 Bn |
| 3 | Rio Tinto | 143.04 Bn | 103.54 Bn | - | 46.58 Bn |
| 4 | Newmont | 124.35 Bn | 92.35 Bn | 4.03 Bn | 5.72 Bn |
| 5 | Freeport-Mcmoran | 99.09 Bn | 83.13 Bn | 2.19 Bn | 2.82 Bn |
| 6 | Agnico Eagle Mines | 93.47 Bn | 83.11 Bn | 2.43 Bn | 8.13 Bn |
| 7 | Barrick Mining | 69.01 Bn | 44.20 Bn | 2.90 Bn | 582.00 Mn |
| 8 | Nucor | 59.68 Bn | 49.06 Bn | 2.03 Bn | 33.15 Bn |
| 9 | ArcelorMittal | 48.25 Bn | 27.28 Bn | - | - |
| 10 | Cleveland-Cliffs | 7.81 Bn | 7.58 Bn | 132.00 Mn | -911.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -911.00 Mn |
| Mar 31, 2026 | -766.00 Mn |
| Dec 31, 2025 | -529.00 Mn |
| Sep 30, 2025 | -286.00 Mn |
| Jun 30, 2025 | 1.00 Mn |
| Mar 31, 2025 | 484.00 Mn |
| Dec 31, 2024 | 949.00 Mn |
| Sep 30, 2024 | 1.43 Bn |
| Jun 30, 2024 | 1.67 Bn |
| Mar 31, 2024 | 1.67 Bn |
| Dec 31, 2023 | 1.73 Bn |
| Sep 30, 2023 | 1.89 Bn |
| Jun 30, 2023 | 1.62 Bn |
| Mar 31, 2023 | 1.28 Bn |
| Dec 31, 2022 | 1.33 Bn |
| Sep 30, 2022 | 1.55 Bn |
| Jun 30, 2022 | 1.40 Bn |
| Mar 31, 2022 | 800.00 Mn |
| Dec 31, 2021 | -1.00 Mn |
| Sep 30, 2021 | -894.00 Mn |
API Access
Cleveland-Cliffs Retained Earnings 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=retained-earnings&ticker=CLF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "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=retained-earnings&ticker=CLF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();