Stocks Consumer discretionary ASH
NYSE · Consumer discretionaryAshland Inc. (ASH)
Ashland Inc. brought in $1.8B of revenue over the twelve months to June 30, 2026, down 1.4% from a year earlier. Net income was $51M, a net margin of 2.8%. Operating cash flow minus capital spending left $36M of free cash flow in fiscal 2025. At June 30, 2026 it held $440M in cash against $1.4B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on July 29, 2026.
Key facts about Ashland Inc.
- Net worth
- Ashland Inc. has a market value (market cap) of $3.6B at the latest share price, and shareholders' equity of $1.9B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $1.8B (-13.7% year on year), with a net loss of $845M. Over the 12 months to June 30, 2026: revenue $1.8B, net income $51M.
- Cash flow
- In fiscal 2025 operations brought in $134M of cash; after $98M of capital spending, free cash flow was $36M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on July 29, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
- Next earnings report
- Ashland Inc.'s next report is expected around February 1, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Ashland Inc. paid dividends of $1.64 per share in fiscal 2025, a yield of 2.11% at the current price.
What Ashland Inc. does
Ashland Inc. is registered with the SEC under industry code SIC 5160 (Wholesale-Chemicals & Allied Products). Its shares trade on NYSE under the ticker ASH.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $1.8B | -$845M | -$18.23 | $36M |
| 2024 | $2.1B | $169M | $3.36 | $325M |
| 2023 | $2.2B | $178M | $3.31 | $124M |
| 2022 | $2.4B | $927M | $16.41 | $80M |
| 2021 | $2.1B | $220M | $3.59 | $361M |
| 2020 | $2B | -$508M | -$8.39 | $94M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where ASH ranks in Consumer discretionary
Dividends
Ashland Inc. paid $1.64 per share in fiscal 2025. At the current price that is a yield of 2.11%. It paid out $76M in cash dividends.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $1.64 | $76M | n/a |
| 2024 | $1.58 | $78M | 46% |
| 2023 | $1.44 | $76M | 43% |
| 2022 | $127.00 | $70M | 8% |
| 2021 | $115.00 | $70M | 32% |
| 2020 | $110.00 | $66M | n/a |
Latest SEC filings
What Ashland Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 3, 2026
- October 30, 2026Passive stake changed SCHEDULE 13G/A
- September 25, 2026Material agreement8-KAshland extended its European accounts receivable securitization facility to September 21, 2029.
- August 12, 2026Passive stake changed SCHEDULE 13G/A
- August 10, 2026
- August 5, 2026Passive stake (5% or more) SCHEDULE 13G
- July 31, 2026
- July 31, 2026Passive stake (5% or more) SCHEDULE 13G
- July 29, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 7.3% to $497M versus the same quarter last year; diluted EPS $0.35 versus -$16.21.
- July 28, 2026
What is ASH worth? A DCF from its reported cash flow
Insider trades
What the people running Ashland Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider bought or sold shares on the open market in the last 90 days. The 2 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| September 21, 2026 | Musa Osama MSVP and CTO | Exercised options | 10,418 | $719.5K |
| September 21, 2026 | Musa Osama MSVP and CTO | Shares withheld for tax | 3,647 | $251.9K |
| August 11, 2026 | Lampkin Robin E.SVP, GC & Secretary | Exercised options | 1,806 | $134.7K |
| August 11, 2026 | Lampkin Robin E.SVP, GC & Secretary | Shares withheld for tax | 526 | $39.2K |
| July 29, 2026 | Musa Osama MSVP and CTO | Exercised options | 1,267 | $73.4K |
| July 27, 2026 | Assis Alessandra FaccinSVP and GM, Life Sciences | Exercised options | 3,215 | $213.4K |
| July 27, 2026 | Assis Alessandra FaccinSVP and GM, Life Sciences | Shares withheld for tax | 884 | $58.7K |
| May 8, 2026 | Minicucci James P.SVP and GM, Personal Care | Exercised options | 4,310 | $237.1K |
Who owns ASH
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Standard Investments LLC13D, may seek influence with 5 related filers | 8.94% | May 18, 2026 |
| Cooperman Leon G13G, passive | 6.4% | August 5, 2026 |
| Dimensional Fund Advisors LP13G, passive | 5.5% | April 9, 2026 |
| Vanguard Portfolio Management13G, passive | 5.42% | July 31, 2026 |
| Massachusetts Financial Services Company ("MFS")13G, passive | 5.3% | November 12, 2024 |
| Vanguard Capital Management13G, passive | 5.25% | April 29, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 354 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 5,712,189 | +1,417,278 |
| Standard Investments LLC | 4,525,001 | +1,900,001 |
| Franklin Resources Inc | 3,616,479 | +1,874,130 |
| Dimensional Fund Advisors LP | 2,486,307 | -9,714 |
| Vanguard Portfolio Management LLC | 2,462,838 | +267,893 |
| Vanguard Capital Management LLC | 2,063,055 | +10,513 |
| Massachusetts Financial Services Co | 2,037,663 | -777,224 |
| Frontier Capital Management Co LLC | 1,999,908 | +87,219 |
| Ancora Advisors LLC | 1,945,412 | +1,945,112 |
| Cooperman Leon G | 1,895,000 | +195,000 |
| State Street Corp | 1,891,594 | +351,766 |
| Aqr Capital Management LLC | 1,823,353 | -188,171 |
| Diamond Hill Capital Management, LLC (Investment Advisor) | 1,600,714 | -149,773 |
| 1832 Asset Management L.P. | 1,409,124 | -6,296 |
| Geode Capital Management, LLC | 1,249,931 | +400,996 |
| American Century Companies Inc | 919,239 | -221,460 |
| Northern Trust Corp | 760,083 | +274,809 |
| Empyrean Capital Partners, LP | 542,000 | 0 |
| Charles Schwab Investment Management Inc | 540,444 | +114,940 |
| Nomura Asset Management International Inc. | 532,566 | +14,330 |
Insiders
10 insiders reported holding 213,527 shares in total, about $16.6M at the last price.
| Holder | Shares |
|---|---|
| Novo GuillermoChair of the Board and CEO, Director | 140,849 |
| Musa Osama MSVP and CTO | 37,577 |
| Assis Alessandra FaccinSVP and GM, Life Sciences | 8,215 |
| Drury EileenSVP and Chief HRO | 7,601 |
| Minicucci James P.SVP and GM, Personal Care | 7,221 |
| Lampkin Robin E.SVP, GC & Secretary | 6,299 |
| Kulkarni Ashish KDirector | 2,113 |
| Whitaker WilliamSVP, CFO & PFO | 2,049 |
| Richardson SamuelVP, Controller and PAO | 1,072 |
| Caceres DagoSVP & GM, Specialty Additives | 531 |
Questions about ASH
What does Ashland Inc. do?
Ashland Inc. is a company in the Consumer discretionary sector, listed on NYSE as ASH. Its shares trade on NYSE under the ticker ASH.
What is Ashland Inc.'s net worth?
Ashland Inc. has a market value (market cap) of $3.6B at the latest share price, and shareholders' equity of $1.9B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Ashland Inc. profitable?
Yes. Over the twelve months to June 30, 2026 it reported net income of $51M on revenue of $1.8B, a net margin of 2.8%.
How much revenue does Ashland Inc. make?
Over the twelve months to June 30, 2026 Ashland Inc. reported revenue of $1.8B. That is 1.4% less than a year earlier.
When did Ashland Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on July 29, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the quarterly results from November 3, 2026.
When is Ashland Inc.'s next earnings report?
Ashland Inc.'s next report is expected around February 1, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does Ashland Inc. pay a dividend?
Yes. Ashland Inc. paid dividends of $1.64 per share in fiscal 2025, a yield of 2.11% at the current price.
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Where the numbers come from
Financial figures are the values Ashland Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.