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Cleveland-Cliffs CLF Noncontrolling interests in subsidiaries

Noncontrolling interests in subsidiaries at other companies

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NucorNUE
$1.1B+4.7%
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Commercial MetalsCMC
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Steel DynamicsSTLD
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RelianceRS
Element Solutions logo
Element SolutionsESI
Mueller Industries logo
Mueller IndustriesMLI

Other financials

Income statement

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Revenue$4.9B+6.3%
Gross profit-$82.0M+79.3%
Operating income-$213.0M+60.8%
Net income-$229.0M+52.9%
EPS (diluted)-$0.42+58.4%

Balance sheet

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Cash & equivalents$45.0M-21.1%
Total debt$7.8B+2.1%
Total equity$5.8B-6.9%
Total assets$20.1B-3.5%

Cash flow

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Operating cash flow-$325.0M+7.4%
CapEx$152.0M0.0%
Free cash flow-$477.0M+5.2%

Valuation

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Market cap$7B+18.6%
Enterprise value$14.72B+8.0%
P/S0.4×+0.1×

Profitability

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Gross margin-2.9%
Operating margin-6.6%-0.2pp
Net margin-6.2%0.0pp
FCF margin-5.3%-0.3pp

Returns & leverage

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Return on equity-19.3%+3.1pp
Debt / equity1.3×+0.1×
Current ratio-0.1×

Where this comes from

Reported directly by Cleveland-Cliffs in its filing.

Tagged under the XBRL concept us-gaap:MinorityInterest.

The official record: Cleveland-Cliffs’s 10-Q, filed April 21, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cleveland-Cliffs's noncontrolling interests in subsidiaries?
Cleveland-Cliffs (CLF) reported noncontrolling interests in subsidiaries of $197M in Q1 2026.
How has Cleveland-Cliffs's noncontrolling interests in subsidiaries changed year-over-year?
Cleveland-Cliffs's noncontrolling interests in subsidiaries decreased by 14.3% year-over-year, from $230M to $197M.
What is the long-term trend for Cleveland-Cliffs's noncontrolling interests in subsidiaries?
Over 5 years (2020 to 2025), Cleveland-Cliffs's noncontrolling interests in subsidiaries has grown at a -8.5% compound annual growth rate (CAGR), from $323M to $207M.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.