Ashland Inc. (ASH) — Financial statements
Income statement, balance sheet, and cash flow for Ashland Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,824↓13.7% | 2,113↓3.6% | 2,191↓8.4% | 2,391↑13.3% | 2,111 | |
| Cost of Revenue | 1,275↓14.7% | 1,495↓1.8% | 1,523↓2.4% | 1,561↑8.3% | 1,441 | |
| Gross Profit | 549↓11.2% | 618↓7.5% | 668↓19.5% | 830↑23.9% | 670 | |
| Operating Expenses | ||||||
| R&D Expenses | 54↓1.8% | 55↑7.8% | 51↓7.3% | 55↑10.0% | 50 | |
| General & Administrative Expenses | 344↓14.9% | 404↑10.7% | 365↓7.1% | 393↑9.8% | 358 | |
| Selling & Marketing Expenses | 1 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 345↓14.6% | 404↑10.7% | 365↓7.1% | 393↑9.8% | 358 | |
| Other Expenses | 925↑400.0% | 185↑131.3% | 80↑63.3% | 49↓30.0% | 70 | |
| Operating Expenses | 1,324↑105.6% | 644↑29.8% | 496↓0.2% | 497↑4.0% | 478 | |
| Total Costs & Expenses | 2,599↑21.5% | 2,139↑5.9% | 2,019↓1.9% | 2,058↑7.2% | 1,919 | |
| Operating Results | ||||||
| Operating Income | -775↓2880.8% | -26↓115.1% | 172↓48.3% | 333↑73.4% | 192 | |
| Depreciation & Amortization | 237↓13.5% | 274↑12.8% | 243↑0.8% | 241↓1.2% | 244 | |
| EBITDA | -509↓268.0% | 303↓33.7% | 457↓10.2% | 509↑13.6% | 448 | |
| EBIT | -746↓2672.4% | 29↓86.4% | 214↓20.1% | 268↑31.4% | 204 | |
| Interest & Other Income | ||||||
| Net Interest Income | -58↓34.9% | -43↑4.4% | -45↑27.4% | -62↑13.9% | -72 | |
| Interest Income | 5↓50.0% | 10↓16.7% | 12↑200.0% | 4↑300.0% | 1 | |
| Interest Expense | 63↑18.9% | 53↓7.0% | 57↓13.6% | 66↓9.6% | 73 | |
| Non-Operating Income | -29↑47.3% | -55↓31.0% | -42↓164.6% | 65↑641.7% | -12 | |
| Other Income / Expenses | -34↓1800.0% | 2↑116.7% | -12↑90.6% | -127↓122.8% | -57 | |
| Income Before Tax | -809↓3270.8% | -24↓115.0% | 160↓22.3% | 206↑52.6% | 135 | |
| Income Tax Expense | 13↑105.8% | -223↓2687.5% | -8↓132.0% | 25↑165.8% | -38 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -822↓513.1% | 199↑18.5% | 168↓7.2% | 181↑4.6% | 173 | |
| Net Income from Discontinued Operations | -23↑23.3% | -30↓400.0% | 10↓98.7% | 746↑1487.2% | 47 | |
| Net Income | -845↓600.0% | 169↓5.1% | 178↓80.8% | 927↑321.4% | 220 | |
| Bottom-Line Net Income | -845↓600.0% | 169↓5.1% | 178↓80.8% | 927↑321.4% | 220 | |
| EPS (Basic) | -18.37↓632.5% | 3.45↑2.7% | 3.36↓80.4% | 17.17↑502.5% | 2.85 | |
| EPS (Diluted) | -18.37↓643.5% | 3.38↑2.1% | 3.31↓79.8% | 16.41↑348.4% | 3.66 | |
| Weighted Average Shares | 46↓6.1% | 49↓7.5% | 53↓1.9% | 54↓30.8% | 78 | |
| Weighted Average Diluted Shares | 46↓8.0% | 50↓7.4% | 54↓3.6% | 56↓8.2% | 61 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.