Revenue
$497.00M
Fiscal year ended 2026-06-30Operating income
$43.00M
Fiscal year ended 2026-06-30Free cash flow
Unavailable
Fiscal year ended 2026-06-30Valuation, from the filing
| Public float | $2.70B | Market value of stock held by non-affiliates, as stated on the cover page for 2025-03-31 |
|---|---|---|
| Float per share | $59.06 | Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself. |
| Float / revenue | 1.5× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / equity | 1.4× | A lower bound on the multiple, because affiliate holdings are excluded. |
Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-03-31, not today, and each multiple below it uses the figures for the fiscal year ending 2025-09-30 — the year that filing covered.
ASHLAND INC. (ASH) reported revenue of $497.00M for the fiscal year ended 2026-06-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from ASHLAND INC.’s SEC filings, each linked to the filing it came from.
Income
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $497.00M | $482.00M | $386.00M | $477.00M | $463.00M | $479.00M | $405.00M | $522.00M | $544.00M | $575.00M |
| Cost of revenue | $327.00M | $335.00M | $281.00M | $318.00M | $331.00M | $332.00M | $294.00M | $348.00M | $358.00M | $414.00M |
| Gross profit | $170.00M | $147.00M | $105.00M | $159.00M | $132.00M | $147.00M | $111.00M | $174.00M | $186.00M | $161.00M |
| Operating income | $43.00M | $39.00M | -$6.00M | $61.00M | -$708.00M | $51.00M | -$179.00M | $31.00M | -$61.00M | $21.00M |
| Net income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Research & development | $15.00M | $14.00M | $13.00M | $13.00M | $13.00M | $14.00M | $13.00M | $13.00M | $15.00M | $14.00M |
| Weighted-average diluted shares | shares 46 | shares 46 | shares 46 | Unavailable | shares 46 | shares 47 | shares 47 | Unavailable | shares 51.00M | shares 51.00M |
| Pretax income | $56.00M | $20.00M | -$15.00M | $65.00M | -$704.00M | $39.00M | -$209.00M | $25.00M | -$70.00M | $17.00M |
| Income tax expense | $15.00M | $5.00M | -$1.00M | $32.00M | $15.00M | $9.00M | -$43.00M | $6.00M | -$101.00M | -$104.00M |
| Diluted EPS | $0.35 | $0.34 | $-0.26 | Unavailable | $-16.21 | $0.65 | $-3.50 | Unavailable | $0.12 | $2.39 |
| Selling, general & administrative | $99.00M | $79.00M | $86.00M | $76.00M | $106.00M | $85.00M | $78.00M | $101.00M | $114.00M | $106.00M |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $440.00M | $343.00M | $304.00M | $215.00M | $207.00M | $168.00M | $219.00M | $300.00M | $399.00M | $439.00M |
| Total assets | $4.58B | $4.50B | $4.52B | $4.61B | $4.62B | $5.23B | $5.23B | $5.64B | $5.75B | $5.95B |
| Current assets | $1.29B | $1.21B | $1.15B | $1.20B | $1.12B | $1.08B | $1.07B | $1.20B | $1.38B | $1.43B |
| Total liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Current liabilities | $424.00M | $395.00M | $366.00M | $423.00M | $420.00M | $463.00M | $425.00M | $490.00M | $464.00M | $453.00M |
| Total equity incl. NCI | $1.87B | $1.87B | $1.88B | $1.90B | $1.89B | $2.56B | $2.59B | $2.87B | $2.97B | $3.13B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $490.00M | $506.00M | $565.00M | $568.00M | $567.00M | $542.00M | $528.00M | $545.00M | $532.00M | $550.00M |
| Accounts receivable | $256.00M | $244.00M | $190.00M | $242.00M | $201.00M | $226.00M | $163.00M | $243.00M | $224.00M | $260.00M |
| Goodwill | $700.00M | $700.00M | $707.00M | $705.00M | $705.00M | $1.36B | $1.33B | $1.38B | $1.35B | $1.38B |
| Long-term debt | $1.37B | $1.37B | $1.39B | $1.38B | $1.38B | $1.34B | $1.31B | $1.35B | $1.32B | $1.33B |
| Accounts payable | $198.00M | $181.00M | $167.00M | $189.00M | $185.00M | $185.00M | $184.00M | $214.00M | $198.00M | $207.00M |
Cash flow
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Capital expenditures | $20.00M | $17.00M | $14.00M | $34.00M | $20.00M | $21.00M | $23.00M | $38.00M | $29.00M | $34.00M |
| Investing cash flow | $4.00M | $16.00M | $2.00M | -$3.00M | $1.00M | $17.00M | -$18.00M | $3.00M | -$5.00M | -$23.00M |
| Financing cash flow | -$20.00M | -$19.00M | -$21.00M | -$18.00M | -$70.00M | -$69.00M | -$22.00M | -$169.00M | -$151.00M | -$20.00M |
| Net change in cash | $97.00M | $39.00M | $89.00M | $8.00M | $39.00M | -$51.00M | -$81.00M | -$99.00M | -$40.00M | -$1.00M |
| Stock-based compensation | $4.00M | $5.00M | $4.00M | $3.00M | $2.00M | $5.00M | $4.00M | $5.00M | $3.00M | $6.00M |
| Common dividends paid | $19.00M | $19.00M | $19.00M | $19.00M | $19.00M | $19.00M | $19.00M | $19.00M | $20.00M | $19.00M |
| Common share repurchases | $0 | Unavailable | Unavailable | $0 | $0 | $100.00M | $0 | $150.00M | $130.00M | $0 |
| Depreciation & amortization | $48.00M | $45.00M | $48.00M | $50.00M | $76.00M | $60.00M | $51.00M | $53.00M | $61.00M | $83.00M |
Derived
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross margin | 34.2% | 30.5% | 27.2% | 33.3% | 28.5% | 30.7% | 27.4% | 33.3% | 34.2% | 28.0% |
| Operating margin | 8.7% | 8.1% | -1.6% | 12.8% | -152.9% | 10.6% | -44.2% | 5.9% | -11.2% | 3.7% |
| FCF margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| SBC / revenue | 0.8% | 1.0% | 1.0% | 0.6% | 0.4% | 1.0% | 1.0% | 1.0% | 0.6% | 1.0% |
| Current ratio | 3.05x | 3.06x | 3.15x | 2.85x | 2.68x | 2.32x | 2.52x | 2.44x | 2.98x | 3.15x |
| Revenue YoY growth | 7.3% | 0.6% | -4.7% | -8.6% | -14.9% | -16.7% | -14.4% | 1.0% | -0.4% | -4.6% |
| Net margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| R&D / revenue | 3.0% | 2.9% | 3.4% | 2.7% | 2.8% | 2.9% | 3.2% | 2.5% | 2.8% | 2.4% |
| CapEx / revenue | 4.0% | 3.5% | 3.6% | 7.1% | 4.3% | 4.4% | 5.7% | 7.3% | 5.3% | 5.9% |
| Long-term debt / equity | 0.73x | 0.74x | 0.74x | 0.73x | Unavailable | Unavailable | Unavailable | 0.47x | Unavailable | Unavailable |
| Effective tax rate | 26.8% | 25.0% | Unavailable | 49.2% | Unavailable | 23.1% | Unavailable | 24.0% | Unavailable | -611.8% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open ASH in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-07-29View SEC filing
10-Q · Filed 2026-04-29View SEC filing
10-Q · Filed 2026-02-03View SEC filing
10-K · Filed 2025-11-20View SEC filing
10-Q · Filed 2025-07-30View SEC filing
10-Q · Filed 2025-05-01View SEC filing
Companies in the same industry
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.