Cleveland-Cliffs (CLF) Debt Ratio (2009 - 2026)

Cleveland-Cliffs (CLF) has 18 years of Debt Ratio data on file, last reported at 0.39 in Q1 2026.

• Debt Ratio for Q1 2026 came in at 0.39, up 5.79% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.39 (up 5.79% YoY), and the FY2025 annual result was 0.36, up 7.46% from the prior year.
• Debt Ratio climbed to 0.39 in Q1 2026 per CLF's latest filing, from 0.36 in the prior quarter.
• Over five years, Debt Ratio peaked at 0.4 in Q3 2025 and troughed at 0.18 in Q4 2023.
• A 5-year average of 0.27 and a median of 0.23 in 2022 frame the typical range for Debt Ratio.
• The sharpest annual moves came in 2022 and 2024: Debt Ratio declined 23.64% in 2022, then soared 88.55% in 2024.
• A 5-year view of Debt Ratio shows it stood at 0.23 in 2022, then dropped by 21.04% to 0.18 in 2023, then soared by 88.55% to 0.34 in 2024, then grew by 7.46% to 0.36 in 2025, then increased by 6.48% to 0.39 in 2026.
• Business Quant data shows CLF's Debt Ratio at 0.39 in Q1 2026, 0.36 in Q4 2025, and 0.4 in Q3 2025.