Income Tax Expense (Benefit) of CLEVELAND-CLIFFS INC. from 31 Mar 2010 to 31 Dec 2025

Taxonomy & unit: us-gaap: USD
Description: Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary: CLEVELAND-CLIFFS INC. quarterly and annual Income Tax Expense (Benefit) in USD history and change rate from 31 Mar 2010 to 31 Dec 2025.
CLEVELAND-CLIFFS INC. Income Tax Expense (Benefit) for the quarter ending 31 Dec 2025 was $208,000,000, a 52% decline year-over-year.
CLEVELAND-CLIFFS INC. Income Tax Expense (Benefit) for the twelve months ending 31 Dec 2025 was $581,000,000, a 146% decline year-over-year.
CLEVELAND-CLIFFS INC. annual Income Tax Expense (Benefit) for 2025 was $581,000,000, a 146% decline from 2024.
CLEVELAND-CLIFFS INC. annual Income Tax Expense (Benefit) for 2024 was $236,000,000, a 264% decline from 2023.
CLEVELAND-CLIFFS INC. annual Income Tax Expense (Benefit) for 2023 was $144,000,000, a 66% decline from 2022.
Source SEC data: View on sec.gov

Income Tax Expense (Benefit), Trailing 12 Months (USD)

Income Tax Expense (Benefit), Quarterly (USD)

Income Tax Expense (Benefit), YoY Quarterly Change (%)

Income Tax Expense (Benefit), Annual (USD)

Income Tax Expense (Benefit), YoY Annual Change (%)

CLEVELAND-CLIFFS INC. Quarterly Income Tax Expense (Benefit) (USD)

Period	TTM Value	Value	YoY Chg	Change %	Start Date	End Date	Report	Filed	Fiscal Year	Fiscal Period
Q4 2025	$581,000,000	$208,000,000	-$71,000,000	-52%	01 Oct 2025	31 Dec 2025	10-K	09 Feb 2026	2025	FY
Q3 2025	$510,000,000	$78,000,000	-$2,000,000	-2.6%	01 Jul 2025	30 Sep 2025	10-Q	22 Oct 2025	2025	Q3
Q2 2025	$508,000,000	$148,000,000	-$133,000,000	-887%	01 Apr 2025	30 Jun 2025	10-Q	23 Jul 2025	2025	Q2
Q1 2025	$375,000,000	$147,000,000	-$139,000,000	-1738%	01 Jan 2025	31 Mar 2025	10-Q	08 May 2025	2025	Q1
Q4 2024	$236,000,000	$137,000,000	-$163,000,000	-627%	01 Oct 2024	31 Dec 2024	10-K	09 Feb 2026	2025	FY
Q3 2024	$73,000,000	$76,000,000	-$105,000,000	-362%	01 Jul 2024	30 Sep 2024	10-Q	22 Oct 2025	2025	Q3
Q2 2024	$32,000,000	$15,000,000	-$117,000,000	-115%	01 Apr 2024	30 Jun 2024	10-Q	23 Jul 2025	2025	Q2
Q1 2024	$149,000,000	$8,000,000	+$5,000,000	+38%	01 Jan 2024	31 Mar 2024	10-Q	08 May 2025	2025	Q1
Q4 2023	$144,000,000	$26,000,000	+$7,000,000	+37%	01 Oct 2023	31 Dec 2023	10-K	09 Feb 2026	2025	FY
Q3 2023	$137,000,000	$29,000,000	+$19,000,000	+190%	01 Jul 2023	30 Sep 2023	10-Q	05 Nov 2024	2024	Q3
Q2 2023	$118,000,000	$102,000,000	-$55,000,000	-35%	01 Apr 2023	30 Jun 2023	10-Q	24 Jul 2024	2024	Q2
Q1 2023	$173,000,000	$13,000,000	-$250,000,000	-105%	01 Jan 2023	31 Mar 2023	10-Q	25 Apr 2024	2024	Q1
Q4 2022	$423,000,000	$19,000,000	-$195,000,000	-91%	01 Oct 2022	31 Dec 2022	10-K	25 Feb 2025	2024	FY
Q3 2022	$618,000,000	$10,000,000	-$324,000,000	-97%	01 Jul 2022	30 Sep 2022	10-Q	25 Oct 2023	2023	Q3
Q2 2022	$942,000,000	$157,000,000	-$59,000,000	-27%	01 Apr 2022	30 Jun 2022	10-Q	26 Jul 2023	2023	Q2
Q1 2022	$1,001,000,000	$237,000,000	+$228,000,000	+2533%	01 Jan 2022	31 Mar 2022	10-Q	26 Apr 2023	2023	Q1
Q4 2021	$773,000,000	$214,000,000	+$227,000,000		01 Oct 2021	31 Dec 2021	10-K	08 Feb 2024	2023	FY
Q3 2021	$546,000,000	$334,000,000	+$356,000,000		01 Jul 2021	30 Sep 2021	10-Q	26 Oct 2022	2022	Q3
Q2 2021	$190,000,000	$216,000,000	+$241,000,000		01 Apr 2021	30 Jun 2021	10-Q	26 Jul 2022	2022	Q2
Q1 2021	$51,000,000	$9,000,000	+$60,000,000		01 Jan 2021	31 Mar 2021	10-Q	26 Apr 2022	2022	Q1
Q4 2020	$111,000,000	$13,000,000	-$7,900,000	-155%	01 Oct 2020	31 Dec 2020	10-K	14 Feb 2023	2022	FY
Q3 2020	$103,100,000	$22,000,000	-$26,800,000	-558%	01 Jul 2020	30 Sep 2020	10-Q	26 Oct 2021	2021	Q3
Q2 2020	$76,300,000	$25,000,000	-$47,000,000	-214%	01 Apr 2020	30 Jun 2020	10-Q	28 Jul 2021	2021	Q2
Q1 2020	$29,300,000	$51,000,000	-$47,300,000	-1278%	01 Jan 2020	31 Mar 2020	10-Q	28 Apr 2021	2021	Q1
Q4 2019	$18,000,000	$5,100,000	+$484,300,000	+99%	01 Oct 2019	31 Dec 2019	10-K	11 Feb 2022	2021	FY
Q3 2019	$466,300,000	$4,800,000	+$4,300,000	+860%	01 Jul 2019	30 Sep 2019	10-Q	23 Oct 2020	2020	Q3
Q2 2019	$470,600,000	$22,000,000	+$23,800,000		01 Apr 2019	30 Jun 2019	10-Q	30 Jul 2020	2020	Q2
Q1 2019	$494,400,000	$3,700,000	-$19,400,000	-124%	01 Jan 2019	31 Mar 2019	10-Q	11 May 2020	2020	Q1
Q4 2018	$475,000,000	$489,400,000	-$247,100,000	-102%	01 Oct 2018	31 Dec 2018	10-K	26 Feb 2021	2020	FY
Q3 2018	$227,900,000	$500,000	+$7,700,000		01 Jul 2018	30 Sep 2018	10-Q	23 Oct 2019	2019	Q3
Q2 2018	$235,600,000	$1,800,000	-$700,000	-64%	01 Apr 2018	30 Jun 2018	10-Q	19 Jul 2019	2019	Q2
Q1 2018	$234,900,000	$15,700,000	+$17,500,000		01 Jan 2018	31 Mar 2018	10-Q	25 Apr 2019	2019	Q1
Q4 2017	$252,400,000	$242,300,000	-$231,800,000	-2208%	01 Oct 2017	31 Dec 2017	10-K	20 Feb 2020	2019	FY
Q3 2017	$20,600,000	$7,200,000	-$100,000	-1.4%	01 Jul 2017	30 Sep 2017	10-Q	19 Oct 2018	2018	Q3
Q2 2017	$20,500,000	$1,100,000	+$1,000,000	+48%	01 Apr 2017	30 Jun 2017	10-Q	24 Jul 2018	2018	Q2
Q1 2017	$21,500,000	$1,800,000	-$9,300,000	-124%	01 Jan 2017	31 Mar 2017	10-Q	24 Apr 2018	2018	Q1
Q4 2016	$12,200,000	$10,500,000	-$9,900,000	-1650%	01 Oct 2016	31 Dec 2016	10-K	08 Feb 2019	2018	FY
Q3 2016	$2,300,000	$7,100,000	-$3,700,000	-109%	01 Jul 2016	30 Sep 2016	10-Q	23 Oct 2017	2017	Q3
Q2 2016	$1,400,000	$2,100,000	-$300,000	-17%	01 Apr 2016	30 Jun 2016	10-Q	27 Jul 2017	2017	Q2
Q1 2016	$1,700,000	$7,500,000	-$167,600,000	-96%	01 Jan 2016	31 Mar 2016	10-Q	27 Apr 2017	2017	Q1
Q4 2015	$169,300,000	$600,000	+$206,700,000	+100%	01 Oct 2015	31 Dec 2015	10-K	14 Feb 2018	2017	FY
Q3 2015	$37,400,000	$3,400,000	-$87,500,000	-104%	01 Jul 2015	30 Sep 2015	10-Q	27 Oct 2016	2016	Q3
Q2 2015	$50,100,000	$1,800,000	-$9,400,000	-124%	01 Apr 2015	30 Jun 2015	10-Q	28 Jul 2016	2016	Q2
Q1 2015	$59,500,000	$175,100,000	+$145,500,000	+492%	01 Jan 2015	31 Mar 2015	10-Q	28 Apr 2016	2016	Q1
Q4 2014	$86,000,000	$207,300,000	-$375,900,000	-223%	01 Oct 2014	31 Dec 2014	10-K	24 Feb 2016	2015	FY
Q3 2014	$289,900,000	$84,100,000	+$18,400,000	+28%	01 Jul 2014	30 Sep 2014	10-Q	29 Oct 2015	2015	Q3
Q2 2014	$271,500,000	$7,600,000	-$1,700,000	-18%	01 Apr 2014	30 Jun 2014	10-Q	29 Jul 2015	2015	Q2
Q1 2014	$273,200,000	$29,600,000	+$35,600,000		01 Jan 2014	31 Mar 2014	10-Q	06 May 2015	2015	Q1
Q4 2013	$237,600,000	$168,600,000	-$322,600,000	-66%	01 Oct 2013	31 Dec 2013	10-K	24 Feb 2016	2015	FY
Q3 2013	$560,200,000	$65,700,000	+$129,700,000		01 Jul 2013	30 Sep 2013	10-Q	07 Nov 2014	2014	Q3
Q2 2013	$430,500,000	$9,300,000	-$32,600,000	-78%	01 Apr 2013	30 Jun 2013	10-Q	24 Jul 2014	2014	Q2
Q1 2013	$463,100,000	$6,000,000	+$207,200,000	+97%	01 Jan 2013	31 Mar 2013	10-Q	25 Apr 2014	2014	Q1
Q4 2012	$255,900,000	$491,200,000	+$379,800,000	+341%	01 Oct 2012	31 Dec 2012	10-K	25 Feb 2015	2014	FY
Q3 2012	$123,900,000	$64,000,000	-$67,700,000	-1830%	01 Jul 2012	30 Sep 2012	10-Q	25 Oct 2013	2013	Q3
Q2 2012	$56,200,000	$41,900,000	-$108,500,000	-72%	01 Apr 2012	30 Jun 2012	10-Q	26 Jul 2013	2013	Q2
Q1 2012	$52,300,000	$213,200,000	-$355,400,000	-250%	01 Jan 2012	31 Mar 2012	10-Q	25 Apr 2013	2013	Q1
Q4 2011	$407,700,000	$111,400,000	+$110,700,000	+15814%	01 Oct 2011	31 Dec 2011	10-K	12 Feb 2013	2012	FY
Q3 2011	$297,000,000	$3,700,000	-$112,400,000	-97%	01 Jul 2011	30 Sep 2011	10-Q	25 Oct 2012	2012	Q3
Q2 2011	$409,400,000	$150,400,000	+$51,100,000	+51%	01 Apr 2011	30 Jun 2011	10-Q	26 Jul 2012	2012	Q2
Q1 2011	$358,300,000	$142,200,000	+$75,800,000	+114%	01 Jan 2011	31 Mar 2011	10-Q	26 Apr 2012	2012	Q1
Q4 2010	$282,500,000	$700,000			01 Oct 2010	31 Dec 2010	10-K	12 Feb 2013	2012	FY
Q3 2010		$116,100,000			01 Jul 2010	30 Sep 2010	10-Q	01 Nov 2011	2011	Q3
Q2 2010		$99,300,000			01 Apr 2010	30 Jun 2010	10-Q	28 Jul 2011	2011	Q2
Q1 2010		$66,400,000			01 Jan 2010	31 Mar 2010	10-Q	29 Apr 2011	2011	Q1

CLEVELAND-CLIFFS INC. Annual Income Tax Expense (Benefit) (USD)

Period	Value	YoY Chg	Change %	Start Date	End Date	Report	Filed	Fiscal Year	Fiscal Period
2025	$581,000,000	-$345,000,000	-146%	01 Jan 2025	31 Dec 2025	10-K	09 Feb 2026	2025	FY
2024	$236,000,000	-$380,000,000	-264%	01 Jan 2024	31 Dec 2024	10-K	09 Feb 2026	2025	FY
2023	$144,000,000	-$279,000,000	-66%	01 Jan 2023	31 Dec 2023	10-K	09 Feb 2026	2025	FY
2022	$423,000,000	-$350,000,000	-45%	01 Jan 2022	31 Dec 2022	10-K	25 Feb 2025	2024	FY
2021	$773,000,000	+$884,000,000		01 Jan 2021	31 Dec 2021	10-K	08 Feb 2024	2023	FY
2020	$111,000,000	-$129,000,000	-717%	01 Jan 2020	31 Dec 2020	10-K	14 Feb 2023	2022	FY
2019	$18,000,000	+$493,000,000		01 Jan 2019	31 Dec 2019	10-K	11 Feb 2022	2021	FY
2018	$475,000,000	-$222,600,000	-88%	01 Jan 2018	31 Dec 2018	10-K	26 Feb 2021	2020	FY
2017	$252,400,000	-$240,200,000	-1969%	01 Jan 2017	31 Dec 2017	10-K	20 Feb 2020	2019	FY
2016	$12,200,000	-$181,500,000	-107%	01 Jan 2016	31 Dec 2016	10-K	08 Feb 2019	2018	FY
2015	$169,300,000	+$255,300,000		01 Jan 2015	31 Dec 2015	10-K	14 Feb 2018	2017	FY
2014	$86,000,000	-$323,600,000	-136%	01 Jan 2014	31 Dec 2014	10-K	09 Feb 2017	2016	FY
2013	$237,600,000	-$18,300,000	-7.2%	01 Jan 2013	31 Dec 2013	10-K	24 Feb 2016	2015	FY
2012	$255,900,000	-$151,800,000	-37%	01 Jan 2012	31 Dec 2012	10-K	25 Feb 2015	2014	FY
2011	$407,700,000	+$125,200,000	+44%	31 Dec 2010	31 Dec 2011	10-K	12 Feb 2013	2012	FY
2010	$282,500,000			31 Dec 2009	31 Dec 2010	10-K	12 Feb 2013	2012	FY

* An asterisk sign (*) next to the value indicates that the value is likely invalid.