Cleveland-Cliffs (CLF) Equity Ratio (2009 - 2026)
Cleveland-Cliffs (CLF) reported Equity Ratio of 0.29 for Q1 2026, down 6.52% year-over-year from 0.31 in Q1 2025, and down 5.29% quarter-over-quarter from 0.31 in Q4 2025.
Cleveland-Cliffs (CLF) Equity Ratio (2009 - 2026) Analysis & Trends
Cleveland-Cliffs (CLF) has 18 years of Equity Ratio data on file, last reported at 0.29 in Q1 2026.
- Equity Ratio for Q1 2026 came in at 0.29, down 6.52% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.29 (down 6.52% YoY), and the FY2025 annual result was 0.31, down 6.78% from the prior year.
- Equity Ratio slipped to 0.29 in Q1 2026 per CLF's latest filing, from 0.31 in the prior quarter.
- Over five years, Equity Ratio peaked at 0.46 in Q4 2023 and troughed at 0.28 in Q3 2025.
- A 5-year average of 0.37 and a median of 0.37 in 2022 frame the typical range for Equity Ratio.
- The sharpest annual moves came in 2022 and 2025: Equity Ratio jumped 111.64% in 2022, then slumped 33.13% in 2025.
- A 5-year view of Equity Ratio shows it stood at 0.43 in 2022, then rose by 7.82% to 0.46 in 2023, then fell by 29.01% to 0.33 in 2024, then retreated by 6.78% to 0.31 in 2025, then declined by 5.29% to 0.29 in 2026.
- Business Quant data shows CLF's Equity Ratio at 0.29 in Q1 2026, 0.31 in Q4 2025, and 0.28 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | - |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 0.60 |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | - |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 0.55 |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | 0.66 |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | 0.29 |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | 0.17 |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | - |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | 0.49 |
| 10 | NWPX Infrastructure | 1.13 Bn | 1.11 Bn | 26.67 Mn | 0.64 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.29 |
| Dec 31, 2025 | 0.31 |
| Sep 30, 2025 | 0.28 |
| Jun 30, 2025 | 0.29 |
| Mar 31, 2025 | 0.31 |
| Dec 31, 2024 | 0.33 |
| Sep 30, 2024 | 0.42 |
| Jun 30, 2024 | 0.43 |
| Mar 31, 2024 | 0.43 |
| Dec 31, 2023 | 0.46 |
| Sep 30, 2023 | 0.46 |
| Jun 30, 2023 | 0.44 |
| Mar 31, 2023 | 0.42 |
| Dec 31, 2022 | 0.43 |
| Sep 30, 2022 | 0.37 |
| Jun 30, 2022 | 0.35 |
| Mar 31, 2022 | 0.33 |
| Dec 31, 2021 | 0.30 |
| Sep 30, 2021 | 0.24 |
| Jun 30, 2021 | 0.20 |