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Ashland Inc. (ASH)

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SEC name ASHLAND INC. · CIK 0001674862 · NYSE · Wholesale-Chemicals & Allied Products

  • Sector Wholesale Trade
  • Incorporated DE
  • Fiscal year ends Sep 30

For the year ended 2025-09-30, Ashland Inc. reported revenue of $1.82B. Revenue fell 13.7% from the prior annual period. Over the twelve months to 2026-06-30, revenue was $1.84B.

Key ratios (year ended 2025-09-30)

30.1%
Gross margin
-42.5%
Operating margin
-46.3%
Net margin
-44.4%
Return on year-end equity
-13.7%
Revenue growth (YoY)

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Latest selected filing: Form 4 (ownership change) · 2026-10-01

Headquarters locality: Covington · View on map

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-06-30 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Period endedTTM to
2026-06-30		2025-09-302024-09-302023-09-302022-09-302021-09-302020-09-302019-09-302018-09-302017-09-302016-09-30
Revenue$1.84B$1.82B$2.11B$2.19B$2.39B$2.11B$2.02B$2.15B$2.59B$2.31B$3.02B
Cost of Revenue$1.26B$1.27B$1.50B$1.52B$1.56B$1.44B$1.42B$1.50B$1.73B$1.58B$2.13B
Gross Profit$581.00M$549.00M$618.00M$668.00M$830.00M$670.00M$599.00M$651.00M$863.00M$729.00M$887.00M
R&D Expense$54.00M$54.00M$55.00M$51.00M$55.00M$50.00M$56.00M$58.00M$73.00M$73.00M$87.00M
Operating Income$137.00M-$775.00M-$26.00M$172.00M$333.00M$192.00M-$461.00M$86.00M$102.00M$49.00M-$50.00M
Depreciation & Amortization$191.00M$237.00M$274.00M$243.00M$241.00M$244.00M$235.00M$277.00M$277.00M$265.00M$302.00M
EBITDA$328.00M-$538.00M$248.00M$415.00M$574.00M$436.00M-$226.00M$363.00M$379.00M$314.00M$252.00M
Net Income$52.00M-$845.00M$169.00M$178.00M$927.00M$220.00M-$508.00M$505.00M$114.00M$28.00M-$28.00M
EPS (Diluted)n/a-$18.23$3.36$3.31$16.41$3.59-$8.39$8.15$1.79$0.01-$0.47
Total Assets$4.58B$4.61B$5.64B$5.94B$6.21B$6.61B$6.88B$7.25B$8.26B$8.62B$10.00B
Long-Term Debt$1.37B$1.38B$1.35B$1.31B$1.27Bn/an/an/an/a$2.62B$2.35B
Shareholders' Equity$1.87B$1.90B$2.87B$3.10B$3.22B$2.75B$3.04B$3.57B$3.41B$3.41B$3.17B
Cash & Equivalents$440.00M$215.00M$300.00M$417.00M$646.00M$210.00M$454.00M$232.00M$294.00M$566.00M$1.02B
Operating Cash Flow$335.00M$134.00M$462.00M$294.00M$193.00M$466.00M$227.00M$140.00M$241.00M$174.00M$385.00M
Capital Expenditures$85.00M$98.00M$137.00M$170.00M$113.00M$105.00M$133.00M$147.00M$157.00M$168.00M$231.00M
Free Cash Flow$250.00M$36.00M$325.00M$124.00M$80.00M$361.00M$94.00M-$7.00M$84.00M$6.00M$154.00M
Share Repurchases$0$100.00M$380.00M$300.00M$200.00M$450.00Mn/a$200.00Mn/a$0$500.00M
Dividends Paid$76.00M$76.00M$78.00M$76.00M$70.00M$70.00M$66.00M$64.00M$60.00M$77.00M$97.00M
Shares Outstandingn/an/an/an/an/an/a61.00M60.00M62.00M62.00M62.00M
Dividends Per Sharen/a$1.64$1.58$1.44$1.27$1.15$1.10$1.05$0.95$1.23$1.56
Weighted Average Diluted Sharesn/a46.00M50.00M54.00M56.00M61.00M61.00M62.00M64.00M62.00M63.00M
EPS (Basic)n/a-$18.23$3.40$3.36$16.71$3.63-$8.39$8.15$1.82$0.01-$0.47

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