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

Cleveland-Cliffs (CLF) has reported Debt Ratio for 18 consecutive years, with 0.38 the latest figure, recorded in Q2 2026.

• On a quarterly basis, Debt Ratio rose 1.45% year-over-year to 0.38 in Q2 2026; TTM through Jun 2026 was 0.38, a 1.45% increase from a year earlier, with the FY2025 full-year figure at 0.36, up 7.46% from the prior year.
• Debt Ratio was 0.38 for Q2 2026 at Cleveland-Cliffs, down from 0.39 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 0.28 and a median of 0.24 in 2022 frame the typical range for Debt Ratio.
• Across the five-year window, Debt Ratio dropped 23.64% in 2022 and surged 88.55% in 2024, its largest moves.
• Over 5 years, Debt Ratio stood at 0.23 in 2022, then slipped by 21.04% to 0.18 in 2023, then surged by 88.55% to 0.34 in 2024, then climbed by 7.46% to 0.36 in 2025, then rose by 5.66% to 0.38 in 2026.
• The last three Debt Ratio figures came in at 0.38 (Q2 2026), 0.39 (Q1 2026), and 0.36 (Q4 2025), per Business Quant data.