Cleveland-Cliffs Book Value Per Share Growth & History (CLF)
Cleveland-Cliffs's book value per share was $10.73 for fiscal 2025.
View full Cleveland-Cliffs company overviewCleveland-Cliffs annual book value per share history
| Fiscal year | Period ended | Book value per share | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $10.73 | -$2.70 | −20.07% |
| 2024 | 2024-12-31 | $13.43 | -$2.19 | −14.02% |
| 2023 | 2023-12-31 | $15.62 | $0.44 | +2.93% |
| 2022 | 2022-12-31 | $15.18 | $4.20 | +38.27% |
| 2021 | 2021-12-31 | $10.98 | $6.75 | +159.74% |
| 2020 | 2020-12-31 | $4.23 | $2.90 | +218.82% |
| 2019 | 2019-12-31 | $1.33 | -$0.12 | −8.57% |
| 2018 | 2018-12-31 | $1.45 | $2.94 | — |
| 2017 | 2017-12-31 | -$1.49 | $4.79 | — |
| 2016 | 2016-12-31 | -$6.28 | $11.38 | — |
| 2015 | 2015-12-31 | -$17.66 | -$8.32 | — |
| 2014 | 2014-12-31 | -$9.34 | -$48.98 | — |
| 2013 | 2013-12-31 | $39.64 | $7.13 | +21.92% |
| 2012 | 2012-12-31 | $32.51 | -$8.22 | −20.19% |
| 2011 | 2011-12-31 | $40.73 | $12.34 | +43.47% |
| 2010 | 2010-12-31 | $28.39 | $8.98 | +46.24% |
| 2009 | 2009-12-31 | $19.41 | $3.99 | +25.89% |
| 2008 | 2008-12-31 | $15.42 | -$0.02 | −0.13% |
| 2007 | 2007-12-31 | $15.44 | — | — |
Cleveland-Cliffs quarterly book value per share
| Fiscal quarter | Period ended | Book value per share | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $9.82 | -$1.94 | −16.50% |
| Q1 2026 | 2026-03-31 | $10.21 | -$2.44 | −19.30% |
| Q4 2025 | 2025-12-31 | $10.73 | -$2.70 | −20.07% |
| Q3 2025 | 2025-09-30 | $11.05 | -$3.59 | −24.54% |
| Q2 2025 | 2025-06-30 | $11.76 | -$3.43 | −22.57% |
| Q1 2025 | 2025-03-31 | $12.65 | -$2.50 | −16.49% |
| Q4 2024 | 2024-12-31 | $13.43 | -$2.19 | −14.02% |
| Q3 2024 | 2024-09-30 | $14.64 | -$1.24 | −7.82% |
| Q2 2024 | 2024-06-30 | $15.19 | -$0.15 | −0.96% |
| Q1 2024 | 2024-03-31 | $15.14 | $0.49 | +3.37% |
| Q4 2023 | 2023-12-31 | $15.62 | $0.44 | +2.93% |
| Q3 2023 | 2023-09-30 | $15.89 | $2.29 | +16.81% |
| Q2 2023 | 2023-06-30 | $15.34 | $2.33 | +17.91% |
| Q1 2023 | 2023-03-31 | $14.65 | $2.57 | +21.27% |
| Q4 2022 | 2022-12-31 | $15.18 | $4.20 | +38.27% |
| Q3 2022 | 2022-09-30 | $13.60 | $5.61 | +70.19% |
| Q2 2022 | 2022-06-30 | $13.01 | $6.54 | +101.06% |
| Q1 2022 | 2022-03-31 | $12.08 | $7.30 | +152.45% |
| Q4 2021 | 2021-12-31 | $10.98 | $6.75 | +159.74% |
| Q3 2021 | 2021-09-30 | $7.99 | $5.96 | +293.57% |
| Q2 2021 | 2021-06-30 | $6.47 | $4.48 | +225.70% |
| Q1 2021 | 2021-03-31 | $4.79 | $2.52 | +111.19% |
| Q4 2020 | 2020-12-31 | $4.23 | $2.90 | +218.82% |
| Q3 2020 | 2020-09-30 | $2.03 | $0.70 | +52.37% |
| Q2 2020 | 2020-06-30 | $1.99 | $1.03 | +107.27% |
| Q1 2020 | 2020-03-31 | $2.27 | $1.39 | +158.04% |
| Q4 2019 | 2019-12-31 | $1.33 | -$0.12 | −8.57% |
| Q3 2019 | 2019-09-30 | $1.33 | $1.62 | — |
| Q2 2019 | 2019-06-30 | $0.96 | $1.99 | — |
| Q1 2019 | 2019-03-31 | $0.88 | $2.51 | — |
| Q4 2018 | 2018-12-31 | $1.45 | $2.94 | — |
| Q3 2018 | 2018-09-30 | -$0.29 | $2.52 | — |
| Q2 2018 | 2018-06-30 | -$1.03 | $1.63 | — |
| Q1 2018 | 2018-03-31 | -$1.63 | $1.17 | — |
| Q4 2017 | 2017-12-31 | -$1.49 | $4.79 | — |
| Q3 2017 | 2017-09-30 | -$2.81 | $3.89 | — |
| Q2 2017 | 2017-06-30 | -$2.66 | $7.30 | — |
| Q1 2017 | 2017-03-31 | -$2.80 | $7.42 | — |
| Q4 2016 | 2016-12-31 | -$6.28 | $11.38 | — |
| Q3 2016 | 2016-09-30 | -$6.70 | $5.90 | — |
| Q2 2016 | 2016-06-30 | -$9.96 | $2.58 | — |
| Q1 2016 | 2016-03-31 | -$10.22 | $2.80 | — |
| Q4 2015 | 2015-12-31 | -$17.66 | -$8.32 | — |
| Q3 2015 | 2015-09-30 | -$12.59 | -$12.79 | — |
| Q2 2015 | 2015-06-30 | -$12.54 | -$51.89 | — |
| Q1 2015 | 2015-03-31 | -$13.02 | -$52.32 | — |
| Q4 2014 | 2014-12-31 | -$9.34 | -$48.98 | — |
| Q3 2014 | 2014-09-30 | $0.20 | -$37.54 | −99.47% |
| Q2 2014 | 2014-06-30 | $39.35 | $2.57 | +7.00% |
| Q1 2014 | 2014-03-31 | $39.30 | $2.03 | +5.46% |
| Q4 2013 | 2013-12-31 | $39.64 | $7.13 | +21.92% |
| Q3 2013 | 2013-09-30 | $37.75 | -$6.73 | −15.12% |
| Q2 2013 | 2013-06-30 | $36.78 | -$7.40 | −16.76% |
| Q1 2013 | 2013-03-31 | $37.26 | -$5.83 | −13.53% |
| Q4 2012 | 2012-12-31 | $32.51 | -$8.22 | −20.19% |
| Q3 2012 | 2012-09-30 | $44.47 | $4.45 | +11.12% |
| Q2 2012 | 2012-06-30 | $44.18 | $6.19 | +16.31% |
| Q1 2012 | 2012-03-31 | $43.09 | $11.59 | +36.79% |
| Q4 2011 | 2011-12-31 | $40.73 | $12.34 | +43.47% |
| Q3 2011 | 2011-09-30 | $40.02 | $14.64 | +57.71% |
| Q2 2011 | 2011-06-30 | $37.99 | $15.84 | +71.50% |
| Q1 2011 | 2011-03-31 | $31.50 | — | — |
| Q4 2010 | 2010-12-31 | $28.39 | $8.98 | +46.24% |
| Q3 2010 | 2010-09-30 | $25.38 | $7.01 | +38.16% |
| Q2 2010 | 2010-06-30 | $22.15 | $4.86 | +28.09% |
| Q4 2009 | 2009-12-31 | $19.41 | $3.99 | +25.89% |
| Q3 2009 | 2009-09-30 | $18.37 | — | — |
| Q2 2009 | 2009-06-30 | $17.29 | — | — |
| Q4 2008 | 2008-12-31 | $15.42 | — | — |
Cleveland-Cliffs book value per share trends
Over the last five fiscal years, Cleveland-Cliffs's book value per share increased from $4.23 to $10.73, a change of $6.51. The latest reported quarter, Q2 2026, shows $9.82.
What book value per share means
Book value per share estimates the common shareholders’ accounting equity represented by each share. It can help compare a company’s balance-sheet value over time, although market value can differ substantially from book value.
How book value per share is calculated
TickerStat calculates book value per share as SEC-reported common shareholders’ equity divided by reported period-end common shares. Preferred equity is subtracted when separately reported, and basic weighted-average shares are used only when period-end shares are unavailable. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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