Cleveland-Cliffs (CLF) Tax Provisions (2009 - 2026)
Cleveland-Cliffs (CLF) reported Tax Provisions of -$81.0 million for Q1 2026, up 45.64% year-over-year from -$55.6 million in Q1 2025, and up 60.68% quarter-over-quarter from -$206.0 million in Q4 2025.
Cleveland-Cliffs (CLF) Tax Provisions (2009 - 2026) Analysis & Trends
Cleveland-Cliffs (CLF) has 18 years of Tax Provisions data on file, last reported at -$81.0 million in Q1 2026.
- Tax Provisions for Q1 2026 came in at -$81.0 million, up 45.64% year-over-year; the trailing twelve-month figure through Mar 2026 was -$513.0 million (down 36.44% YoY), and the FY2025 annual result was -$581.0 million, down 146.19% from the prior year.
- Tax Provisions advanced to -$81.0 million in Q1 2026 per CLF's latest filing, from -$206.0 million in the prior quarter.
- Over five years, Tax Provisions peaked at $237.0 million in Q1 2022 and troughed at -$206.0 million in Q4 2025.
- A 5-year average of -$19.4 million and a median of -$13.0 million in 2023 frame the typical range for Tax Provisions.
- The sharpest annual moves came in 2022 and 2025: Tax Provisions surged 2533.33% in 2022, then tumbled 1762.5% in 2025.
- A 5-year view of Tax Provisions shows it stood at $19.0 million in 2022, then soared by 36.84% to $26.0 million in 2023, then sank by 623.08% to -$136.0 million in 2024, then plunged by 51.47% to -$206.0 million in 2025, then jumped by 60.68% to -$81.0 million in 2026.
- Business Quant data shows CLF's Tax Provisions at -$81.0 million in Q1 2026, -$206.0 million in Q4 2025, and -$78.0 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | - |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 226.00 Mn |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | -136.00 Mn |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 113.11 Mn |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | 83.90 Mn |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | -81.00 Mn |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | - |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | - |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | 3.50 Mn |
| 10 | NWPX Infrastructure | 1.13 Bn | 1.11 Bn | 26.67 Mn | 2.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -81.00 Mn |
| Dec 31, 2025 | -206.00 Mn |
| Sep 30, 2025 | -78.00 Mn |
| Jun 30, 2025 | -148.00 Mn |
| Mar 31, 2025 | -149.00 Mn |
| Dec 31, 2024 | -136.00 Mn |
| Sep 30, 2024 | -76.00 Mn |
| Jun 30, 2024 | -15.00 Mn |
| Mar 31, 2024 | -8.00 Mn |
| Dec 31, 2023 | 26.00 Mn |
| Sep 30, 2023 | 29.00 Mn |
| Jun 30, 2023 | 102.00 Mn |
| Mar 31, 2023 | -13.00 Mn |
| Dec 31, 2022 | 19.00 Mn |
| Sep 30, 2022 | 10.00 Mn |
| Jun 30, 2022 | 157.00 Mn |
| Mar 31, 2022 | 237.00 Mn |
| Dec 31, 2021 | 214.00 Mn |
| Sep 30, 2021 | 334.00 Mn |
| Jun 30, 2021 | 216.00 Mn |