Ashland (ASH)
Supplies specialty ingredients and additives through its business segments.
$70.18
After hours+0.51 (+0.73%)
At close$69.67(+0.88%)
In millions of USD, except per-share figures
| In millions | Q4 FY23Sep 2023 | Q1 FY24Dec 2023 | Q2 FY24Mar 2024 | Q3 FY24Jun 2024 | Q4 FY24Sep 2024 | Q1 FY25Dec 2024 | Q2 FY25Mar 2025 | Q3 FY25Jun 2025 | Q4 FY25Sep 2025 | Q1 FY26Dec 2025 | Q2 FY26Mar 2026 | Q3 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 517 | 473 | 575 | 544 | 522 | 405 | 479 | 463 | 478 | 386 | 482 | 497 |
| Cost of revenue | 389 | 375 | 414 | 358 | 348 | 311 | 332 | 393 | 319 | 306 | 335 | 342 |
| Gross profit | 128 | 98 | 161 | 186 | 174 | 94 | 147 | 70 | 159 | 80 | 147 | 155 |
| 138 | 116 | 140 | 247 | 143 | 71 | 96 | 86 | 98 | 86 | 108 | 114 | |
| Research & development | 14 | 12 | 14 | 15 | 13 | 13 | 14 | 13 | 13 | 13 | 14 | 15 |
| 109 | 83 | 106 | 114 | 101 | 58 | 85 | 73 | 73 | 73 | 79 | 99 | |
| General & administrative | 109 | 83 | 106 | 114 | 101 | 0 | 85 | 0 | 73 | 0 | 79 | 0 |
| Other expenses | 15 | 21 | 20 | 118 | 29 | 0 | −3 | 0 | 12 | 0 | 15 | 0 |
| Operating income | −10 | −18 | 21 | −61 | 31 | 23 | 51 | −16 | 61 | −6 | 39 | 41 |
| −27 | 22 | −4 | −9 | −6 | −232 | −12 | −688 | 3 | −9 | −19 | 15 | |
| Interest income | 3 | 3 | 2 | 3 | 2 | 2 | 1 | 1 | 1 | 2 | 1 | 3 |
| Interest expense | 12 | 15 | 16 | 12 | 15 | 18 | 15 | 18 | 16 | 17 | 15 | 13 |
| Other non-operating income | 14 | −35 | −9 | −3 | −9 | 214 | −3 | 670 | −19 | −8 | 4 | −31 |
| Income before tax | −37 | 4 | 17 | −70 | 25 | −209 | 39 | −704 | 64 | −15 | 20 | 56 |
| Income tax expense | −29 | −24 | −104 | −101 | 6 | −43 | 9 | 15 | 31 | −1 | 5 | 15 |
| Net income from continuing operations | −8 | 28 | 121 | 31 | 19 | −166 | 30 | −719 | 33 | −14 | 15 | 41 |
| Discontinued operations | 4 | −2 | −1 | −25 | −3 | 1 | 1 | −23 | −1 | 2 | 1 | −25 |
| Net income | −4 | 26 | 120 | 6 | 16 | −165 | 31 | −742 | 32 | −12 | 16 | 16 |
| EPS, basic | −$0.08 | $0.51 | $2.42 | $0.12 | $0.34 | −$3.51 | $0.68 | −$16.13 | $0.70 | −$0.26 | $0.35 | $0.35 |
| EPS, diluted | −$0.08 | $0.51 | $2.39 | $0.12 | $0.33 | −$3.51 | $0.65 | −$16.13 | $0.70 | −$0.26 | $0.34 | $0.35 |
| Weighted average shares, basic | 51 | 51 | 50 | 50 | 47 | 47 | 46 | 46 | 46 | 46 | 46 | 46 |
| Weighted average shares, diluted | 51 | 51 | 51 | 51 | 49 | 47 | 47 | 46 | 46 | 46 | 46 | 46 |
| EBITDA | 38 | 94 | 113 | 3 | 93 | −139 | 114 | −564 | 130 | 60 | 80 | 120 |
| Depreciation & amortization | 62 | 77 | 83 | 61 | 53 | 52 | 60 | 122 | 50 | 58 | 45 | 48 |
| EBIT | −24 | 17 | 30 | −58 | 40 | −191 | 54 | −686 | 80 | 2 | 35 | 72 |
