Ashland Inc. (ASH)
NYSE: ASH · Real-Time Price · USD
72.61
-0.09 (-0.12%)
Jul 31, 2026, 4:00 PM EDT - Market closed
Ashland Cash Flow Statement
Financials in millions USD. Fiscal year is October - September.
Millions USD. Fiscal year is Oct - Sep.
Operating Activities
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Net Income | 52 | -706 | -692 | -845 | -861 | -113 | -22 | 169 | 149 | 193 | 164 | 178 | 239 | 225 | 919 | 927 | 914 | 957 | 212 | 220 |
Depreciation & Amortization | 191 | 219 | 243 | 237 | 240 | 225 | 239 | 274 | 283 | 283 | 261 | 243 | 240 | 240 | 240 | 241 | 246 | 247 | 245 | 244 |
Stock-Based Compensation | 16 | 14 | 14 | 14 | 16 | 17 | 18 | 15 | 15 | 17 | 16 | 22 | 21 | 8 | 8 | 18 | 15 | 27 | 26 | 15 |
Other Adjustments | 23 | 32 | 19 | 918 | -161 | -148 | -275 | -223 | -105.5 | -245 | -140 | -91 | -52 | 44 | -670 | -756 | -772 | -817 | -99 | -108 |
Changes in Other Operating Activities | - | 63 | 16 | -191 | -25.5 | -77 | -49 | 227 | 178 | 284 | 232 | -58 | -88 | -269 | -288 | -237 | -266 | -61 | -5 | 80 |
Operating Cash Flow | 291 | 283 | 243 | 94 | 157.5 | 144 | 184 | 411 | 443.5 | 522 | 524 | 243 | 195 | 189 | -282 | -213 | -126 | 341 | 474 | 560 |
Operating Cash Flow Growth (YoY) | 84.76% | 96.53% | 32.06% | -77.13% | -64.49% | -72.41% | -64.89% | 69.14% | 127.44% | 176.19% | - | - | - | -44.57% | - | - | - | -23.54% | 36.99% | 175.86% |
Investing Activities
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Capital Expenditures | -85 | -85 | -89 | -98 | -102 | -111 | -124 | -137 | -168 | -182 | -183 | -170 | -147 | -134 | -121 | -113 | -98 | -89 | -92 | -105 |
Sale of Property, Plant & Equipment | 9 | 9 | 20 | 16 | - | - | - | - | 8 | - | - | 11 | 3 | - | - | 51 | 47 | 6 | -4 | - |
Purchases of Investments | -58 | -57 | -61 | -54 | -50 | -57 | -49 | -53 | -50 | -52 | -56 | -47 | -48 | -56 | -83 | -87 | -168 | -148 | -111 | -149 |
Proceeds from Sale of Investments | 60 | 59 | 63 | 56 | 50 | 57 | 49 | 53 | 50 | 52 | 56 | 47 | 48 | 56 | 83 | 87 | 168 | 148 | 111 | 149 |
Cash Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -309 |
Proceeds from Business Divestments | 2 | - | - | 16 | 42 | - | - | 26 | - | - | - | - | - | - | - | 3 | - | - | - | 14 |
Other Investing Activities | 47 | 43 | 5 | 21 | 11 | 11 | 16 | 9 | 18 | 34 | 29 | -1 | -94 | -383 | 1,176 | 1,215 | 1,445 | 1,621 | 62 | 75 |
Investing Cash Flow | 19 | -31 | -62 | -3 | -1 | -100 | -108 | -51 | -102 | -113 | -108 | -109 | -91 | -97 | 1,537 | 1,556 | 1,560 | 1,256 | -372 | -384 |
Financing Activities
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Short-Term Debt Issued | - | - | - | - | 25 | - | - | -16 | - | - | - | 16 | - | - | - | -365 | - | - | 120 | 84 |
Short-Term Debt Repaid | - | - | - | - | - | - | - | - | - | -16 | -16 | - | - | 0 | - | - | - | - | - | - |
Net Short-Term Debt Issued (Repaid) | - | - | - | - | 25 | - | - | -16 | - | -16 | -16 | 16 | - | 0 | - | -365 | - | - | 120 | 84 |
Long-Term Debt Issued | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 450 |
Long-Term Debt Repaid | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -250 | -476 | - | - | -427 |
Net Long-Term Debt Issued (Repaid) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -250 | -476 | - | - | 23 |
Repurchase of Common Stock | 0 | - | - | -100 | -250 | - | - | -380 | -230 | -258 | -400 | -300 | -300 | -187 | - | -200 | -650 | - | - | -450 |
Net Common Stock Issued (Repurchased) | 0 | - | - | -100 | -250 | - | - | -380 | -230 | -258 | -400 | -300 | -300 | -187 | - | -200 | -650 | - | - | -450 |
Common Dividends Paid | -76 | -76 | -76 | -76 | -76 | -77 | -77 | -78 | -79 | -79 | -78 | -76 | -74 | -72 | -71 | -70 | -70 | -99 | -98 | -70 |
Other Financing Activities | 0 | -2 | -2 | -3 | -4 | -4 | -5 | -5 | -6 | -5 | -5 | -11 | -10 | -13 | -13 | -11 | -10 | -13 | -9 | -13 |
Financing Cash Flow | -78 | -128 | -178 | -179 | -330 | -411 | -362 | -479 | -315 | -342 | -483 | -371 | -386 | -274 | -912 | -896 | -1,059 | -1,003 | -230 | -426 |
Net Cash Flow
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Foreign Exchange Rate Adjustments | 1 | 4 | 3 | 3 | 1 | -1 | 0 | 2 | 4 | 4 | 6 | 8 | 2 | -3 | -5 | -11 | -8 | -3 | -3 | 3 |
Net Cash Flow | 233 | 175 | 85 | -85 | -192 | -271 | -221 | -117 | 50 | 40 | -92 | -229 | -280 | -565 | 338 | 436 | 367 | 591 | -141 | -244 |
Free Cash Flow
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Free Cash Flow | 206 | 198 | 154 | -4 | 55.5 | 33 | 60 | 274 | 275.5 | 340 | 341 | 73 | 48 | 55 | -403 | -326 | -224 | 252 | 382 | 455 |
Free Cash Flow Growth (YoY) | 271.17% | 500.00% | 156.67% | - | -79.86% | -90.29% | -82.41% | 275.34% | 473.96% | 518.18% | - | - | - | -78.17% | - | - | - | -21.00% | 84.54% | 550.00% |
FCF Margin | 11.18% | 10.95% | 8.53% | -0.22% | 2.97% | 1.69% | 2.93% | 12.97% | 13.06% | 16.11% | 15.94% | 3.33% | 2.08% | 2.29% | -16.76% | -13.63% | -9.53% | 11.20% | 17.73% | 21.55% |
Free Cash Flow Per Share | 4.48 | 4.30 | 3.33 | -0.09 | 1.17 | 0.68 | 1.21 | 5.48 | 5.40 | 6.60 | 6.50 | 1.35 | 0.88 | 1.00 | -7.26 | -5.82 | -3.88 | 4.24 | 6.29 | 7.46 |
Levered Free Cash Flow | 158 | -509 | -521 | -897 | -722.5 | -75 | 43 | 517 | 441 | 561 | 457 | 209 | 243 | 61 | 750 | 203 | 320 | 1,055 | 481 | 546 |
Unlevered Free Cash Flow | 210.76 | 239.14 | 225.56 | -839.45 | -680.17 | -27 | 69.97 | 579.58 | 429 | 630.49 | 466.68 | 195.6 | 243.74 | 138.17 | 115.76 | 183.59 | 173.71 | 371.23 | 410.75 | 465.04 |