Ashland › Financials
Ashland financials
ASHTen years from Ashland’s own SEC filings. Fiscal years end in September.
Income statement
| Sep 2016fiscal year | Sep 2017fiscal year | Sep 2018fiscal year | Sep 2019fiscal year | Sep 2020fiscal year | Sep 2021fiscal year | Sep 2022fiscal year | Sep 2023fiscal year | Sep 2024fiscal year | Sep 2025fiscal year | Last 12 monthsto Jun 2026 | Latest quarterJun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.02B | $2.31B | $2.59B | $2.15B | $2.02B | $2.11B | $2.39B | $2.19B | $2.11B | $1.82B | $1.84B | — |
| Gross profit | $887.0M | $729.0M | $863.0M | $651.0M | $599.0M | $670.0M | $830.0M | $668.0M | $618.0M | $549.0M | $581.0M | — |
| Operating income | −$50.0M | $49.0M | $102.0M | $86.0M | −$461.0M | $192.0M | $333.0M | $172.0M | −$26.0M | −$775.0M | $137.0M | — |
| Net income | −$28.0M | $28.0M | $114.0M | $505.0M | −$508.0M | $220.0M | $927.0M | $178.0M | $169.0M | −$845.0M | $52.0M | — |
| Earnings per share, diluted | −$0.47 | $0.01 | $1.79 | $8.15 | −$8.39 | $3.59 | $16.41 | $3.31 | $3.36 | −$18.23 | — | — |
Balance sheet
| Sep 2016fiscal year | Sep 2017fiscal year | Sep 2018fiscal year | Sep 2019fiscal year | Sep 2020fiscal year | Sep 2021fiscal year | Sep 2022fiscal year | Sep 2023fiscal year | Sep 2024fiscal year | Sep 2025fiscal year | Last 12 monthsto Jun 2026 | Latest quarterJun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $1.19B | $566.0M | $294.0M | $232.0M | $454.0M | $210.0M | $646.0M | $417.0M | $300.0M | $215.0M | — | $440.0M |
| Total assets | $9.70B | $8.62B | $8.25B | $7.25B | $6.88B | $6.61B | $6.21B | $5.94B | $5.64B | $4.61B | — | $4.58B |
| Debt | $3.10B | $2.62B | $2.53B | $1.67B | $1.85B | $1.97B | $1.27B | $1.31B | $1.35B | $1.38B | — | $1.37B |
| Total liabilities | $6.53B | $5.21B | $4.85B | $3.68B | $3.84B | $3.86B | $2.99B | $2.84B | $2.78B | $2.71B | — | $2.71B |
| Shareholders' equity | $3.35B | $3.41B | $3.41B | $3.57B | $3.04B | $2.75B | $3.22B | $3.10B | $2.87B | $1.90B | — | $1.87B |
Cash flow
| Sep 2016fiscal year | Sep 2017fiscal year | Sep 2018fiscal year | Sep 2019fiscal year | Sep 2020fiscal year | Sep 2021fiscal year | Sep 2022fiscal year | Sep 2023fiscal year | Sep 2024fiscal year | Sep 2025fiscal year | Last 12 monthsto Jun 2026 | Latest quarterJun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $385.0M | $174.0M | $241.0M | $140.0M | $227.0M | $466.0M | $193.0M | $294.0M | $462.0M | $134.0M | $335.0M | — |
| Capital spending | $231.0M | $168.0M | $157.0M | $147.0M | $133.0M | $105.0M | $113.0M | $170.0M | $137.0M | $98.0M | $85.0M | — |
| Free cash flow | $154.0M | $6.0M | $84.0M | −$7.0M | $94.0M | $361.0M | $80.0M | $124.0M | $325.0M | $36.0M | $250.0M | — |
| Buybacks | $500.0M | $0 | — | $200.0M | — | $450.0M | $200.0M | $300.0M | $380.0M | $100.0M | $0 | — |
| Dividends | $97.0M | $77.0M | $60.0M | $64.0M | $66.0M | $70.0M | $70.0M | $76.0M | $78.0M | $76.0M | $76.0M | — |
| Returned to shareholders | $597.0M | $77.0M | $60.0M | $264.0M | $66.0M | $520.0M | $270.0M | $376.0M | $458.0M | $176.0M | $76.0M | — |
| Stock-based pay | $30.0M | $20.0M | $27.0M | $21.0M | $14.0M | $15.0M | $18.0M | $22.0M | $15.0M | $14.0M | $16.0M | — |
Where these numbers come from
Every column links to the filing it comes from on EDGAR. Last 12 months adds the latest year to date to the last 10-K and takes away the same months a year earlier. Debt is long-term debt including the part due within a year. A dash means the company did not report that line in a form we can read, never a zero. Market cap uses the latest closing price and the share count from the cover of the latest filing. How we count
Ashland financials, answered
What is Ashland's market cap?
$3.26B at $71.15 a share, with 45,793,370 shares outstanding as of Jun 30, 2026, from the cover of its latest SEC filing.
How much does Ashland earn?
Revenue of $1.84B and net income of $52.0M in the last 12 months to Jun 2026.
How much debt does Ashland have?
Ashland reported $1.37B of debt and $440.0M of cash and equivalents on its balance sheet in Jun 2026.
Does Ashland make free cash flow?
Yes. Operating cash flow minus capital spending was $250.0M in the last 12 months to Jun 2026.
How much cash does Ashland return to shareholders?
$176.0M in buybacks and dividends in fiscal 2025, from the cash flow statement.