Company / Total Debt
Cleveland-Cliffs Total Debt History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Total Debt
$7.3B
FY2025
5-year range
$3.1B / $7.3B
FY2021-FY2025
Trend
+2.7%
vs FY2024
Sector context
#9 of 83
Materials
What the data says
Cleveland-Cliffs's total debt of $7.3B is higher than 89% of companies in the Materials sector (FY2025). Total Debt has fluctuated over the past 10 years, ranging from $2.1B in FY2018 to $7.3B in FY2025.
Based on SEC 10-K filings.
$7.3B in FY2025 with a 5-year CAGR of +6.0%. Top quartile in the Materials sector.
Increased from $3.1B to $7.3B over the past 2 years.
Materials sector context is included.
Total Debt over time
Growth rates
- 3-Year CAGR
- +19.5%
- 5-Year CAGR
- +6.0%
- 10-Year CAGR
- -
Sector benchmark
Bottom 11% in MaterialsTop 89% of 83This company $7.3B Sector average $3.0B
▼
+141.0% above sector average
Key checks
Key Insights
- 5-year CAGR of +6.0%, indicating consistent growth.
- In FY2025, total debt increased 2.7% year-over-year.
- Ranks #9 out of 83 companies in the Materials sector.
- Lowest total debt in the period was in FY2018.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score 0.96 (distress zone, below 1.8 threshold)
- Negative profit margin: -9.0%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Total DebtValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $7.3B | +2.7% |
| FY2024 | $7.1B | +125.2% |
| FY2023 | $3.1B | -26.2% |
| FY2022 | $4.2B | -18.9% |
| FY2021 | $5.2B | -3.4% |
| FY2020 | $5.4B | +156.6% |
| FY2019 | $2.1B | +1.0% |
| FY2018 | $2.1B | -9.2% |
| FY2017 | $2.3B | +5.1% |
| FY2016 | $2.2B | -18.8% |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026