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Dow DOW Noncontrolling interests in subsidiaries

Noncontrolling interests in subsidiaries at other companies

Eastman Chemical logo
Eastman ChemicalEMN
$77M+5.5%
Westlake logo
WestlakeWLK
$503M-1.9%
Celanese Corporation logo
Celanese CorporationCE
$421M-1.6%
Huntsman logo
HuntsmanHUN
$221M+0.5%
LyondellBasell Industries N.V. logo
LyondellBasell Industries N.V.LYB
$11M-8.3%
DuPont de Nemours, Inc. logo
DuPont de Nemours, Inc.DD
$198M-54.4%

Other financials

Income statement

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Revenue$12.1B+19.7%
Gross profit$2.2B+272%
Net income$721.0M+186%
EPS (diluted)-$0.93-336%

Balance sheet

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Cash & equivalents$4.1B+63.1%
Total debt$18.7B+5.5%
Total equity$15.9B-8.0%
Total assets$61.6B+4.4%

Cash flow

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Operating cash flow$1.3B+383%
CapEx$632.0M-4.5%
Free cash flow$699.0M+162%

Valuation

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Market cap$21.19B+43.3%
Enterprise value$35.76B+19.3%
P/S0.5×+0.2×

Profitability

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Gross margin9.9%+2.1pp
Net margin-2.7%+0.9pp
FCF margin5.7%-2.6pp

Returns & leverage

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Return on equity-6.7%+3.4pp
Debt / equity1.2×+0.1×
Current ratio1.7×+0.1×

Where this comes from

Reported directly by Dow in its filing.

Tagged under the XBRL concept us-gaap:MinorityInterest.

The source filing: Dow’s 10-Q, filed July 24, 2026.

Filed
Jul 24, 2026, 7:41 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001751788-26-000147
In millions, except share amounts (Unaudited)Jun 30,2026Dec 31,2025
Additional paid-in capital11,07311,112
Retained earnings16,45716,781
Accumulated other comprehensive loss(7,662)(7,660)
Treasury stock at cost (2026: 69,578,048 shares; 2025: 73,065,152 shares)(4,016)(4,233)
Dow Inc.’s stockholders’ equity15,86016,008
Noncontrolling interests1,5071,514
Total equity17,36717,522
Total Liabilities and Equity$61,585$58,538

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Dow's noncontrolling interests in subsidiaries?
Dow (DOW) reported noncontrolling interests in subsidiaries of $1.51B in Q2 2026.
How has Dow's noncontrolling interests in subsidiaries changed year-over-year?
Dow's noncontrolling interests in subsidiaries increased by 10.7% year-over-year, from $1.36B to $1.51B.
What is the long-term trend for Dow's noncontrolling interests in subsidiaries?
Over 5 years (2020 to 2025), Dow's noncontrolling interests in subsidiaries has grown at a 21.6% compound annual growth rate (CAGR), from $570M to $1.51B.
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.

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