Ashland Inc. (ASH)
NYSE: ASH · Real-Time Price · USD
69.06
-0.04 (-0.06%)
Sep 25, 2026, 4:00 PM EDT - Market closed
Ashland Income Statement
Financials in millions USD. Fiscal year is October - September.
Millions USD. Fiscal year is Oct - Sep.
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 |
| 1,842 | 1,808 | 1,805 | 1,824 | 1,869 | 1,949 | 2,045 | 2,113 | 2,108 | 2,111 | 2,139 | 2,191 | 2,306 | 2,404 | 2,404 | 2,391 | 2,350 | 2,249 | 2,155 | 2,111 | |
Revenue Growth (YoY) | -1.44% | -7.23% | -11.74% | -13.68% | -11.34% | -7.67% | -4.40% | -3.56% | -8.59% | -12.19% | -11.02% | -8.37% | -1.87% | 6.89% | 11.55% | 13.26% | 29.19% | 21.57% | 10.46% | 4.71% |
Cost of Revenue | 1,227 | 1,206 | 1,194 | 1,212 | 1,247 | 1,243 | 1,365 | 1,428 | 1,475 | 1,546 | 1,517 | 1,523 | 1,556 | 1,592 | 1,570 | 1,561 | 1,537 | 1,503 | 1,468 | 1,438 |
Gross Profit | 615 | 602 | 611 | 612 | 622 | 706 | 680 | 685 | 633 | 565 | 622 | 668 | 750 | 812 | 834 | 830 | 813 | 746 | 687 | 673 |
Selling, General & Admin | 320 | 333 | 333 | 327 | 356 | 344 | 380 | 383 | 381 | 376 | 349 | 358 | 328 | 374 | 379 | 371 | 388 | 356 | 344 | 343 |
Research & Development | 54 | 53 | 54 | 54 | 54 | 57 | 56 | 55 | 56 | 52 | 50 | 51 | 52 | 54 | 55 | 55 | 53 | 52 | 50 | 50 |
Amortization of Goodwill & Intangibles | 62 | 61 | 61 | 63 | 64 | 68 | 72 | 76 | 82 | 87 | 91 | 93 | 93 | 93 | 93 | 94 | 96 | 94 | 93 | 90 |
Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -2 | -5 | -4 | -5 |
Operating Expenses | 436 | 447 | 448 | 444 | 474 | 469 | 508 | 514 | 519 | 515 | 490 | 502 | 473 | 521 | 527 | 520 | 535 | 497 | 483 | 478 |
Operating Income | 179 | 155 | 163 | 168 | 148 | 237 | 172 | 171 | 114 | 50 | 132 | 166 | 277 | 291 | 307 | 310 | 278 | 249 | 204 | 195 |
Interest Expense | -62 | -61 | -61 | -61 | -60 | -57 | -55 | -53 | -51 | -53 | -53 | -54 | -56 | -56 | -60 | -62 | -66 | -76 | -70 | -69 |
Interest & Investment Income | 38 | 38 | 38 | 38 | 79 | 83 | 84 | 85 | 13 | 10 | 11 | 54 | 10 | 11 | - | 4 | 4 | - | 4 | 1 |
Earnings From Equity Investments | 5 | 4 | 4 | 4 | 4 | 5 | 5 | 6 | 5 | 8 | 8 | 7 | 6 | 4 | 4 | 3 | 2 | -2 | - | - |
Currency Exchange Gain (Loss) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1 | - | - | - |
Other Non Operating Income (Expenses) | -7 | -9 | -9 | -10 | -8 | -7 | -9 | -8 | -10 | -9 | -7 | -6 | -7 | -6 | -5 | -5 | 9 | 16 | 7 | -5 |
EBT Excluding Unusual Items | 153 | 127 | 135 | 139 | 163 | 261 | 197 | 201 | 71 | 6 | 91 | 167 | 230 | 244 | 246 | 250 | 226 | 187 | 145 | 122 |
Merger & Restructuring Charges | -52 | -77 | -91 | -85 | -78 | -130 | -78 | -97 | -99 | -10 | -34 | -10 | -2 | -3 | -5 | -5 | -2 | 3 | -2 | -13 |
Impairment of Goodwill | - | -706 | -706 | -706 | -706 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gain (Loss) on Sale of Investments | 13 | 12 | 19 | - | -34 | -55 | -48 | - | 34 | 43 | 53 | - | 33 | -25 | -65 | -86 | -77 | -12 | 7 | 33 |
Gain (Loss) on Sale of Assets | 7 | 6 | 24 | -161 | -181 | -278 | -296 | -115 | -93 | 4 | 4 | 6 | - | 35 | 42 | 42 | 39 | 4 | -3 | 15 |
Asset Writedown | - | - | - | - | -11 | -11 | -10 | -11 | - | -4 | -1 | -4 | -4 | - | -4 | - | -1 | -1 | -1 | -10 |
Legal Settlements | - | - | - | - | -4 | -4 | -4 | -4 | - | - | - | - | - | - | - | - | - | - | - | - |
Other Unusual Items | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -16 | -16 | -16 | -16 |
Pretax Income | 125 | -634 | -615 | -809 | -849 | -215 | -237 | -24 | -86 | 40 | 114 | 160 | 257 | 253 | 219 | 206 | 177 | 171 | 134 | 135 |
Income Tax Expense | 50 | 51 | 55 | 13 | -13 | -129 | -242 | -223 | -258 | -143 | -40 | -8 | 21 | 8 | 28 | 25 | 22 | -4 | -28 | -38 |
Earnings From Continuing Operations | 75 | -685 | -670 | -822 | -836 | -86 | 5 | 199 | 172 | 183 | 154 | 168 | 236 | 245 | 191 | 181 | 155 | 175 | 162 | 173 |
Earnings From Discontinued Operations | -23 | -21 | -22 | -23 | -25 | -27 | -27 | -30 | -23 | 10 | 10 | 10 | 3 | -20 | 728 | 746 | 759 | 782 | 50 | 47 |
Net Income to Company | 52 | -706 | -692 | -845 | -861 | -113 | -22 | 169 | 149 | 193 | 164 | 178 | 239 | 225 | 919 | 927 | 914 | 957 | 212 | 220 |
Net Income | 52 | -706 | -692 | -845 | -861 | -113 | -22 | 169 | 149 | 193 | 164 | 178 | 239 | 225 | 919 | 927 | 914 | 957 | 212 | 220 |
Net Income to Common | 52 | -706 | -692 | -845 | -861 | -113 | -22 | 169 | 149 | 193 | 164 | 178 | 239 | 225 | 919 | 927 | 914 | 957 | 212 | 220 |
Net Income Growth (YoY) | - | - | - | - | - | - | - | -5.06% | -37.66% | -14.22% | -82.16% | -80.80% | -73.85% | -76.49% | 333.49% | 321.36% | 404.97% | 588.49% | - | - |
Shares Outstanding (Basic) | 45 | 46 | 46 | 46 | 47 | 48 | 48 | 49 | 51 | 51 | 52 | 53 | 53 | 54 | 54 | 55 | 56 | 58 | 59 | 60 |
Shares Outstanding (Diluted) | 45 | 46 | 46 | 46 | 47 | 48 | 48 | 50 | 52 | 52 | 53 | 54 | 54 | 55 | 55 | 56 | 57 | 59 | 60 | 61 |
Shares Change (YoY) | -3.21% | -4.21% | -4.69% | -8.00% | -9.66% | -8.65% | -9.43% | -7.41% | -3.72% | -4.59% | -4.07% | -3.57% | -6.11% | -7.63% | -8.30% | -8.20% | -7.29% | -4.06% | -1.23% | - |
EPS (Basic) | 1.15 | -15.52 | -15.13 | -18.37 | -18.42 | -2.38 | -0.46 | 3.45 | 2.94 | 3.78 | 3.14 | 3.36 | 4.53 | 4.21 | 16.94 | 16.85 | 16.25 | 16.50 | 3.58 | 3.67 |
EPS (Diluted) | 1.15 | -15.52 | -15.13 | -18.37 | -18.65 | -2.43 | -0.46 | 3.35 | 2.92 | 3.74 | 3.11 | 3.32 | 4.40 | 4.10 | 16.60 | 16.52 | 15.91 | 16.19 | 3.51 | 3.59 |
EPS Growth (YoY) | - | - | - | - | - | - | - | 1.05% | -33.60% | -8.79% | -81.27% | -79.93% | -72.37% | -74.70% | 373.48% | 360.14% | 436.35% | 615.60% | - | - |
Additional Metrics
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 | 32 | 33 | 60 | 274 | 299 | 309 | 310 | 73 | 48 | -325 | -403 | -326 | -224 | 252 | 384 | 455 |
Free Cash Flow Per Share | 4.55 | 4.35 | 3.37 | -0.09 | 0.68 | 0.69 | 1.25 | 5.48 | 5.78 | 5.94 | 5.85 | 1.35 | 0.89 | -5.96 | -7.29 | -5.82 | -3.91 | 4.27 | 6.37 | 7.46 |
Dividend Per Share | 1.665 | 1.660 | 1.650 | 1.640 | 1.630 | 1.620 | 1.600 | 1.580 | 1.560 | 1.540 | 1.490 | 1.440 | 1.390 | 1.340 | 1.305 | 1.270 | 1.235 | 1.200 | 1.175 | 1.150 |
Dividend Growth (YoY) | 2.15% | 2.47% | 3.13% | 3.80% | 4.49% | 5.20% | 7.38% | 9.72% | 12.23% | 14.92% | 14.18% | 13.39% | 12.55% | 11.67% | 11.06% | 10.44% | 9.78% | 9.09% | 6.82% | 4.54% |
Gross Margin | 33.39% | 33.30% | 33.85% | 33.55% | 33.28% | 36.22% | 33.25% | 32.42% | 30.03% | 26.77% | 29.08% | 30.49% | 32.52% | 33.78% | 34.69% | 34.71% | 34.60% | 33.17% | 31.88% | 31.88% |
Operating Margin | 9.72% | 8.57% | 9.03% | 9.21% | 7.92% | 12.16% | 8.41% | 8.09% | 5.41% | 2.37% | 6.17% | 7.58% | 12.01% | 12.11% | 12.77% | 12.96% | 11.83% | 11.07% | 9.47% | 9.24% |
Profit Margin | 2.82% | -39.05% | -38.34% | -46.33% | -46.07% | -5.80% | -1.08% | 8.00% | 7.07% | 9.14% | 7.67% | 8.12% | 10.36% | 9.36% | 38.23% | 38.77% | 38.89% | 42.55% | 9.84% | 10.42% |
Free Cash Flow Margin | 11.18% | 10.95% | 8.53% | -0.22% | 1.71% | 1.69% | 2.93% | 12.97% | 14.18% | 14.64% | 14.49% | 3.33% | 2.08% | -13.52% | -16.76% | -13.63% | -9.53% | 11.21% | 17.82% | 21.55% |
EBITDA | 364 | 343 | 353 | 364 | 347 | 441 | 363 | 388 | 341 | 284 | 393 | 409 | 517 | 531 | 547 | 551 | 524 | 496 | 449 | 439 |
EBITDA Margin | 19.76% | 18.97% | 19.56% | 19.96% | 18.57% | 22.63% | 17.75% | 18.36% | 16.18% | 13.45% | 18.37% | 18.67% | 22.42% | 22.09% | 22.75% | 23.04% | 22.30% | 22.05% | 20.84% | 20.80% |
D&A For EBITDA | 185 | 188 | 190 | 196 | 199 | 204 | 191 | 217 | 227 | 234 | 261 | 243 | 240 | 240 | 240 | 241 | 246 | 247 | 245 | 244 |
EBIT | 179 | 155 | 163 | 168 | 148 | 237 | 172 | 171 | 114 | 50 | 132 | 166 | 277 | 291 | 307 | 310 | 278 | 249 | 204 | 195 |
EBIT Margin | 9.72% | 8.57% | 9.03% | 9.21% | 7.92% | 12.16% | 8.41% | 8.09% | 5.41% | 2.37% | 6.17% | 7.58% | 12.01% | 12.11% | 12.77% | 12.96% | 11.83% | 11.07% | 9.47% | 9.24% |
Effective Tax Rate | 40.00% | - | - | - | - | - | - | - | - | - | - | - | 8.17% | 3.16% | 12.78% | 12.14% | 12.43% | - | - | - |
Advertising Expenses | - | - | - | 1 | - | - | - | 1 | - | - | - | 2 | - | - | - | 2 | - | - | - | 1 |