Cleveland-Cliffs (CLF) Total Debt (2009 - 2026)
Cleveland-Cliffs (CLF) posted quarterly Total Debt of $7.7 billion for Q2 2026, little changed year-over-year from $7.7 billion in Q2 2025, and down 0.77% quarter-over-quarter from $7.8 billion in Q1 2026.
Cleveland-Cliffs (CLF) Total Debt (2009 - 2026) Analysis & Trends
Cleveland-Cliffs (CLF) has reported Total Debt for 18 consecutive years, with $7.7 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Total Debt changed 0.31% year-over-year to $7.7 billion; the TTM figure through Jun 2026 stood at $7.7 billion (changed 0.31% YoY), while the FY2025 annual figure was $7.3 billion, up 2.66% from the prior year.
- Total Debt slipped to $7.7 billion in Q2 2026 per CLF's latest filing, from $7.8 billion in the prior quarter.
- Across five years, Total Debt topped out at $8.0 billion in Q3 2025 and bottomed at $3.1 billion in Q4 2023.
- Historically, Total Debt has averaged $5.4 billion across 5 years, with a median of $4.6 billion in 2022.
- Annual changes were most pronounced in 2023 — Total Debt dropped 26.17% — and 2024, when it surged 125.22%.
- Cleveland-Cliffs' Total Debt stood at $4.2 billion in 2022, then retreated by 26.17% to $3.1 billion in 2023, then soared by 125.22% to $7.1 billion in 2024, then climbed by 2.66% to $7.3 billion in 2025, then climbed by 6.2% to $7.7 billion in 2026.
- Business Quant data shows CLF's Total Debt at $7.7 billion in Q2 2026, $7.8 billion in Q1 2026, and $7.3 billion in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 106.22 Bn | 96.33 Bn | 941.02 Mn | 3.99 Bn |
| 2 | Nucor | 55.03 Bn | 52.34 Bn | 2.03 Bn | 6.97 Bn |
| 3 | ArcelorMittal | 54.04 Bn | 49.19 Bn | - | 14.42 Bn |
| 4 | Steel Dynamics | 31.61 Bn | 31.03 Bn | 958.97 Mn | 4.20 Bn |
| 5 | Reliance | 19.53 Bn | 19.29 Bn | 1.30 Bn | 1.66 Bn |
| 6 | Cleveland-Cliffs | 6.15 Bn | 6.08 Bn | 132.00 Mn | 7.70 Bn |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | 1.97 Bn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.56 Bn | 3.00 Bn | - | 296,233.81 |
| 9 | Posco Holdings | 4.34 Bn | 1.84 Bn | 1.04 Bn | - |
| 10 | Worthington Steel | 1.70 Bn | 1.61 Bn | 118.80 Mn | 229.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 5.35 Bn |