Cleveland-Cliffs (CLF) Tax Rate (2009 - 2026)
Cleveland-Cliffs (CLF) posted quarterly Tax Rate of 13.16% for Q2 2026, down 1067.0% year-over-year from 1.36% in Q2 2025, and down 50.13% quarter-over-quarter from 26.38% in Q1 2026.
Cleveland-Cliffs (CLF) Tax Rate (2009 - 2026) Analysis & Trends
Cleveland-Cliffs (CLF) has reported Tax Rate for 18 consecutive years, with 13.16% the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Rate fell 1067.0% year-over-year to 13.16%; the TTM figure through Jun 2026 stood at 31.9% (up 805.0% YoY), while the FY2025 annual figure was 28.99%, up 415.0% from the prior year.
- Tax Rate eased to 13.16% in Q2 2026 per CLF's latest filing, from 26.38% in the prior quarter.
- Across five years, Tax Rate topped out at 250.0% in Q2 2024 and bottomed at 20.63% in Q4 2023.
- Historically, Tax Rate has averaged 30.22% across 5 years, with a median of 22.89% in 2023.
- Annual changes were most pronounced in 2024 — Tax Rate soared 22773 bps — and 2025, when it slumped 22617 bps.
- Cleveland-Cliffs' Tax Rate stood at 10.22% in 2022, then tumbled by 102 bps to 20.63% in 2023, then jumped by 216 bps to 23.86% in 2024, then jumped by 97 bps to 46.92% in 2025, then slumped by 72 bps to 13.16% in 2026.
- Business Quant data shows CLF's Tax Rate at 13.16% in Q2 2026, 26.38% in Q1 2026, and 46.92% in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 106.22 Bn | 96.33 Bn | 941.02 Mn | -4.70% |
| 2 | Nucor | 55.03 Bn | 52.34 Bn | 2.03 Bn | 21.23% |
| 3 | ArcelorMittal | 54.04 Bn | 49.19 Bn | - | -20.30% |
| 4 | Steel Dynamics | 31.61 Bn | 31.03 Bn | 958.97 Mn | 22.34% |
| 5 | Reliance | 19.53 Bn | 19.29 Bn | 1.30 Bn | 24.71% |
| 6 | Cleveland-Cliffs | 6.15 Bn | 6.08 Bn | 132.00 Mn | 13.16% |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | -27.62% |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.56 Bn | 3.00 Bn | - | - |
| 9 | Posco Holdings | 4.34 Bn | 1.84 Bn | 1.04 Bn | -88.84% |
| 10 | Worthington Steel | 1.70 Bn | 1.61 Bn | 118.80 Mn | -20.81% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 13.16% |
| Jun 30, 2026 | 13.16% |
| Jun 30, 2026 | 13.16% |
| Mar 31, 2026 | 26.38% |
| Mar 31, 2026 | 26.38% |
| Mar 31, 2026 | 26.38% |
| Dec 31, 2025 | 46.92% |
| Dec 31, 2025 | 46.92% |
| Dec 31, 2025 | 46.92% |
| Sep 30, 2025 | 25.24% |
| Sep 30, 2025 | 25.24% |
| Sep 30, 2025 | 25.24% |
| Jun 30, 2025 | 23.83% |
| Jun 30, 2025 | 23.83% |
| Jun 30, 2025 | 23.83% |
| Mar 31, 2025 | 23.46% |
| Mar 31, 2025 | 23.46% |
| Mar 31, 2025 | 23.46% |
| Dec 31, 2024 | 23.86% |
| Dec 31, 2024 | 23.86% |