Cleveland-Cliffs (CLF) Total Debt (2009 - 2026)
Cleveland-Cliffs' Total Debt came in at $7.65 billion for Q3 2026, down 4.9% from $8.04 billion a year earlier and down 0.8% from the prior quarter.
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Analysis
Cleveland-Cliffs (CLF) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Cleveland-Cliffs' Total Debt was $7.25 billion, up 2.7% from FY2024.
- Total Debt carries a five-year compound annual growth rate of 6.1% (FY2020 to FY2025).
- Going back by year, Total Debt was $7.07 billion in FY2024 (+125.2%), $3.14 billion in FY2023 (-26.2%), $4.25 billion in FY2022 (-18.9%) and $5.24 billion in FY2021 (-2.8%).
- The five-year range for quarterly Total Debt is $3.14 billion (Q4 2023) to $8.04 billion (Q3 2025).
- Year-over-year, Total Debt increased in six of the last eight quarters, with growth averaging 58.2%.
- The fastest year-over-year change in Total Debt over five years came in Q4 2024 (growth of 125.2%), and the weakest in Q4 2023 (a decline of 26.2%).
- Business Quant data shows CLF's Total Debt at $7.7 billion (Q2 2026), $7.76 billion (Q1 2026) and $7.25 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 166.15 Bn | 128.95 Bn | - | 21.82 Bn |
| 2 | Southern Copper | 145.61 Bn | 120.34 Bn | 3.10 Bn | 8.00 Bn |
| 3 | Rio Tinto | 138.54 Bn | 138.54 Bn | - | 21.82 Bn |
| 4 | Newmont | 127.15 Bn | 92.29 Bn | 4.22 Bn | 5.09 Bn |
| 5 | Ternium | 100.63 Bn | 93.91 Bn | - | 2.42 Bn |
| 6 | Agnico Eagle Mines | 97.48 Bn | 92.69 Bn | - | 196.27 Mn |
| 7 | Freeport-Mcmoran | 88.12 Bn | 72.16 Bn | 2.19 Bn | 9.39 Bn |
| 8 | Barrick Mining | 69.35 Bn | 47.84 Bn | 2.90 Bn | 4.68 Bn |
| 9 | Nucor | 59.10 Bn | 48.48 Bn | 2.03 Bn | 7.10 Bn |
| 10 | Cleveland-Cliffs | 7.45 Bn | 7.20 Bn | 465.00 Mn | 7.65 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.65 Bn |
| Jun 30, 2026 | 7.70 Bn |
| Mar 31, 2026 | 7.76 Bn |
| Dec 31, 2025 | 7.25 Bn |
| Sep 30, 2025 | 8.04 Bn |
| Jun 30, 2025 | 7.73 Bn |
| Mar 31, 2025 | 7.60 Bn |
| Dec 31, 2024 | 7.07 Bn |
| Sep 30, 2024 | 3.77 Bn |
| Jun 30, 2024 | 3.51 Bn |
| Mar 31, 2024 | 3.66 Bn |
| Dec 31, 2023 | 3.14 Bn |
| Sep 30, 2023 | 3.46 Bn |
| Jun 30, 2023 | 3.96 Bn |
| Mar 31, 2023 | 4.56 Bn |
| Dec 31, 2022 | 4.25 Bn |
| Sep 30, 2022 | 4.48 Bn |
| Jun 30, 2022 | 4.67 Bn |
| Mar 31, 2022 | 5.03 Bn |
| Dec 31, 2021 | 5.24 Bn |
API Access
Cleveland-Cliffs Total Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=total-debt&ticker=CLF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "ticker": "CLF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=total-debt&ticker=CLF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();