Cleveland-Cliffs Inc. (CLF) stock
CLFNYSEMetal MiningFiscal year ends December 31
$12.65−0.42 (-3.21%)
Close on Nov 13, 2026Market cap $7.22BP/E –Yield –
Cleveland-Cliffs total debt
Total debt is short-term plus long-term borrowings on the balance sheet at the end of each period.
Cleveland-Cliffs's total debt was $7.65B at Sep 30, 2026. For fiscal 2025 it was $7.25B, up 2.7% from the year before. Over ten years it grew 10.4% a year on average. The highest annual figure on record is $7.25B in fiscal 2025.
Annual total debt
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $7.25B | +2.7% |
| FY2024 | Dec 31, 2024 | $7.07B | +125.2% |
| FY2023 | Dec 31, 2023 | $3.14B | -26.2% |
| FY2022 | Dec 31, 2022 | $4.25B | -18.9% |
| FY2021 | Dec 31, 2021 | $5.24B | -3.4% |
| FY2020 | Dec 31, 2020 | $5.42B | +156.6% |
| FY2019 | Dec 31, 2019 | $2.11B | +1.0% |
| FY2018 | Dec 31, 2018 | $2.09B | -9.2% |
| FY2017 | Dec 31, 2017 | $2.30B | +5.1% |
| FY2016 | Dec 31, 2016 | $2.19B | -18.8% |
| FY2015 | Dec 31, 2015 | $2.70B | -4.5% |
| FY2014 | Dec 31, 2014 | $2.83B | -7.1% |
| FY2013 | Dec 31, 2013 | $3.04B | -24.9% |
| FY2012 | Dec 31, 2012 | $4.05B | +10.1% |
| FY2011 | Dec 31, 2011 | $3.68B | +115.0% |
| FY2010 | Dec 31, 2010 | $1.71B | +226.3% |
| FY2009 | Dec 31, 2009 | $525.00M | 0.0% |
| FY2008 | Dec 31, 2008 | $525.00M | – |
Quarterly total debt
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $7.65B | -4.9% |
| Q2 FY2026 | Jun 30, 2026 | $7.70B | -0.3% |
| Q1 FY2026 | Mar 31, 2026 | $7.76B | +2.1% |
| Q4 FY2025 | Dec 31, 2025 | $7.25B | +2.7% |
| Q3 FY2025 | Sep 30, 2025 | $8.04B | +113.0% |
| Q2 FY2025 | Jun 30, 2025 | $7.73B | +120.3% |
| Q1 FY2025 | Mar 31, 2025 | $7.60B | +107.5% |
| Q4 FY2024 | Dec 31, 2024 | $7.07B | +125.2% |
| Q3 FY2024 | Sep 30, 2024 | $3.77B | +9.1% |
| Q2 FY2024 | Jun 30, 2024 | $3.51B | -11.5% |
| Q1 FY2024 | Mar 31, 2024 | $3.66B | -19.6% |
| Q4 FY2023 | Dec 31, 2023 | $3.14B | -26.2% |
| Q3 FY2023 | Sep 30, 2023 | $3.46B | -22.7% |
| Q2 FY2023 | Jun 30, 2023 | $3.96B | -15.1% |
| Q1 FY2023 | Mar 31, 2023 | $4.56B | -9.3% |
| Q4 FY2022 | Dec 31, 2022 | $4.25B | -18.9% |
| Q3 FY2022 | Sep 30, 2022 | $4.48B | -16.8% |
| Q2 FY2022 | Jun 30, 2022 | $4.67B | -13.0% |
| Q1 FY2022 | Mar 31, 2022 | $5.03B | -12.3% |
| Q4 FY2021 | Dec 31, 2021 | $5.24B | -3.4% |
| Q3 FY2021 | Sep 30, 2021 | $5.38B | +24.7% |
| Q2 FY2021 | Jun 30, 2021 | $5.37B | +20.6% |
| Q1 FY2021 | Mar 31, 2021 | $5.73B | +31.6% |
| Q4 FY2020 | Dec 31, 2020 | $5.42B | +156.6% |
| Q3 FY2020 | Sep 30, 2020 | $4.31B | +104.3% |
| Q2 FY2020 | Jun 30, 2020 | $4.45B | +111.5% |
| Q1 FY2020 | Mar 31, 2020 | $4.36B | +108.8% |
| Q4 FY2019 | Dec 31, 2019 | $2.11B | +1.0% |
| Q3 FY2019 | Sep 30, 2019 | $2.11B | -8.3% |
| Q2 FY2019 | Jun 30, 2019 | $2.10B | -8.4% |
| Q1 FY2019 | Mar 31, 2019 | $2.09B | -9.6% |
| Q4 FY2018 | Dec 31, 2018 | $2.09B | -9.2% |
| Q3 FY2018 | Sep 30, 2018 | $2.30B | +36.1% |
| Q2 FY2018 | Jun 30, 2018 | $2.30B | +42.5% |
| Q1 FY2018 | Mar 31, 2018 | $2.31B | +40.5% |
| Q4 FY2017 | Dec 31, 2017 | $2.30B | +5.1% |
| Q3 FY2017 | Sep 30, 2017 | $1.69B | – |
| Q2 FY2017 | Jun 30, 2017 | $1.61B | – |
| Q1 FY2017 | Mar 31, 2017 | $1.64B | – |
| Q4 FY2016 | Dec 31, 2016 | $2.19B | – |
See a number that looks wrong?