← ASHLAND INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $3.0b |
$2.3b
-23.52%
|
$3.7b
+62.10%
|
$2.5b
-33.40%
|
$2.3b
-6.70%
|
$2.1b
-9.24%
|
$2.4b
+13.26%
|
$2.2b
-8.36%
|
$2.1b
-3.56%
|
$1.8b
-13.68%
|
$1.8b
+0.99%
|
|
| Sales - Note P | $3.0b | $3.3b | $3.7b | $2.5b | $2.3b | $2.1b | $2.4b | $2.2b | $2.1b | $1.8b | — | |
| Cost of Goods and Services Sold | $2.2b |
$2.4b
+10.17%
|
$2.7b
+12.48%
|
$1.7b
-35.31%
|
$1.6b
-6.20%
|
$1.4b
-10.99%
|
$1.6b
+8.33%
|
$1.5b
-2.43%
|
$1.5b
-1.84%
|
$1.3b
-14.72%
|
$1.3b
-1.10%
|
|
| Cost of sales - Note Q | $3.3b |
$2.4b
-28.58%
|
$2.7b
+12.48%
|
$1.7b
-35.31%
|
$1.6b
-6.20%
|
$1.4b
-10.99%
|
$1.6b
+8.33%
|
$1.5b
-2.43%
|
$1.5b
-1.84%
|
$1.3b
-14.72%
|
— | |
| Gross Profit | $866.0m |
$888.0m
+2.54%
|
$1.1b
+21.06%
|
$767.0m
-28.65%
|
$707.0m
-7.82%
|
$670.0m
-5.23%
|
$830.0m
+23.88%
|
$668.0m
-19.52%
|
$618.0m
-7.49%
|
$549.0m
-11.17%
|
$581.0m
+5.83%
|
|
| Interest Income (Expense), Net | ($173.0m) |
$234.0m
+235.26%
|
($122.0m)
-152.14%
|
($99.0m)
+18.85%
|
($119.0m)
-20.20%
|
($56.0m)
+52.94%
|
($149.0m)
-166.07%
|
($6.0m)
+95.97%
|
$24.0m
+500.00%
|
($33.0m)
-237.50%
|
$5.0m
+115.15%
|
|
| Research and Development Expense | $87.0m | $83.0m | $85.0m | $66.0m | $64.0m | $50.0m | $55.0m | $51.0m | $55.0m | $54.0m | $54.0m | |
| Selling, General and Administrative Expense | $914.0m | $670.0m | $771.0m | $539.0m | $424.0m | $358.0m | $393.0m | $365.0m | $404.0m | $344.0m | $340.0m | |
| Amortization of Intangible Assets | $76.0m | — | $95.0m | $86.0m | $85.0m | $90.0m | $94.0m | $93.0m | $76.0m | $63.0m | — | |
| Other Operating Income | $8.0m | $142.0m | $8.0m | $166.0m | ($388.0m) | $181.0m | $333.0m | $172.0m | ($26.0m) | ($775.0m) | $125.0m | |
| Operating Income (Loss) | ($127.0m) |
$142.0m
+211.81%
|
$227.0m
+59.86%
|
$166.0m
-26.87%
|
($388.0m)
-333.73%
|
$181.0m
+146.65%
|
$333.0m
+83.98%
|
$172.0m
-48.35%
|
($26.0m)
-115.12%
|
($775.0m)
-2880.77%
|
$125.0m
+116.13%
|
|
| Other Operating Income (Expense), Net | $7.0m | $142.0m | $7.0m | $4.0m | $8.0m | $9.0m | $2.0m | $6.0m | $6.0m | ($775.0m) | $125.0m | |
| Interest Expense, Debt | ($180.0m) | — | $136.0m | $114.0m | $88.0m | $69.0m | $62.0m | $54.0m | $53.0m | $61.0m | $62.0m | |
| Debt and Equity Securities, Unrealized Gain (Loss) | — | — | — | $29.0m | $46.0m | $49.0m | ($1.0m) | ($6.0m) | $1.0m | $2.0m | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | — | — | $1.0m | — | — | — | — | — | |
| Gain (Loss) on Investments | — | — | — | $7.0m | $10.0m | $10.0m | ($2.0m) | $5.0m | $8.0m | $5.0m | — | |
| Unrealized gain (loss) on commodity hedges | — | — | — | $0 | $0 | $4.0m | ($1.0m) | ($6.0m) | $1.0m | $2.0m | — | |
| Income (Loss) from Equity Method Investments | ($1.0m) | — | $1.0m | — | — | — | — | — | — | — | — | |
| Equity and other income | $8.0m | $7.0m | $8.0m | $4.0m | $8.0m | $9.0m | $3.0m | $7.0m | $6.0m | $4.0m | — | |
| Net interest and other expense (income) - Note H | $182.0m | $234.0m | $122.0m | $99.0m | $119.0m | $56.0m | $149.0m | $6.0m | ($24.0m) | $33.0m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | ($557.0m) | $98.0m | ($163.0m) | ($76.0m) | ($579.0m) | ($96.0m) | ($133.0m) | ($112.0m) | ($228.0m) | ($632.0m) | $125.0m | |
| Income (loss) from continuing operations before income taxes | $136.0m | ($98.0m) | $114.0m | $70.0m | ($503.0m) | $135.0m | $206.0m | $160.0m | ($24.0m) | ($809.0m) | $125.0m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($308.0m) | $98.0m | $114.0m | $70.0m | ($503.0m) | $135.0m | $206.0m | $160.0m | ($24.0m) | ($809.0m) | $125.0m | |
| Income (loss) from discontinued operations, net of income taxes - Note C | ($31.0m) | $133.0m | $9.0m | $481.0m | ($17.0m) | $47.0m | $746.0m | $10.0m | ($30.0m) | ($23.0m) | — | |
| Current Income Tax Expense (Benefit) | $4.0m | $7.0m | $106.0m | $26.0m | $31.0m | ($12.0m) | $60.0m | $24.0m | $79.0m | ($60.0m) | $50.0m | |
| Income Tax Expense (Benefit) | ($25.0m) | $7.0m | $9.0m | $46.0m | ($12.0m) | ($38.0m) | $25.0m | ($8.0m) | ($223.0m) | $13.0m | $50.0m | |
| Net Income (Loss) Attributable to Parent | ($29.0m) |
$28.0m
+196.55%
|
$114.0m
+307.14%
|
$505.0m
+342.98%
|
($508.0m)
-200.59%
|
$220.0m
+143.31%
|
$927.0m
+321.36%
|
$178.0m
-80.80%
|
$169.0m
-5.06%
|
($845.0m)
-600.00%
|
$52.0m
+106.15%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | $1.0m | — | $0 | $0 | — | — | — | — | — | — | $52.0m | |
| Income (Loss) from Continuing Operations, Per Basic Share | ($5) | ($98.0m) | $2 | $0 | ($8) | $3 | $3 | $3 | $4 | ($18) | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | ($5) | ($98.0m) | $2 | $0 | ($8) | $3 | $3 | $3 | $4 | ($18) | — | |
| Earnings Per Share, Basic | ($0.47) | $0.01 | $1.82 | $8.15 | ($8.39) | $3.63 | $16.71 | $3.36 | $3.40 | ($18.23) | $1.05 | |
| Earnings Per Share, Diluted | ($0.47) | $0.01 | $1.79 | $8.03 | ($8.39) | $3.59 | $16.41 | $3.31 | $3.36 | ($18.23) | $1.05 | |
| Weighted Average Number of Shares Outstanding, Basic | 63.0m | — | 63.0m | 62.0m | 61.0m | 60.0m | 55.0m | 53.0m | 49.0m | 46.0m | 45.2m | |
| Weighted Average Number of Shares Outstanding, Diluted | 63.0m | — | 64.0m | 63.0m | 61.0m | 61.0m | 56.0m | 54.0m | 50.0m | 46.0m | 45.2m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | — | — | — | — | — | $4.0m | — | — | — | — | — | |
| Environmental Remediation Expense | $43.0m | — | $67.0m | $37.0m | $54.0m | $55.0m | $71.0m | $60.0m | $58.0m | $52.0m | — | |
| Goodwill, Impairment Loss | $171.0m | — | $0 | $0 | $530.0m | $0 | $0 | $0 | $0 | $706.0m | ($182.0m) | |
| Realized Investment Gains (Losses) | — | — | — | $7.0m | — | — | — | — | — | — | — | |
| Taxes, Miscellaneous | — | — | — | — | — | — | — | $1.0m | $6.0m | — | — | |
| Intangibles amortization expense - Note G | — | — | $93.0m | $86.0m | $85.0m | $90.0m | $94.0m | $93.0m | $76.0m | $63.0m | — | |
| Goodwill impairment - Note G | $171.0m | — | $0 | $0 | $530.0m | $0 | $0 | $0 | $0 | $706.0m | — | |
| Income (loss) on acquisitions and divestitures, net - Note B | ($9.0m) | ($6.0m) | ($4.0m) | ($2.0m) | $2.0m | $11.0m | $42.0m | $6.0m | ($115.0m) | ($161.0m) | — | |
| Other net periodic benefit loss - Note L | ($77.0m) | ($4.0m) | $13.0m | $5.0m | $2.0m | ($1.0m) | $22.0m | ($6.0m) | $22.0m | $1.0m | — | |
| Income (loss) from continuing operations | $3.0m | ($105.0m) | $2 | $0 | ($8) | $3 | $3 | $3 | $4 | ($18) | $125.0m | |
| Income (loss) from discontinued operations | ($0) | $2 | $0 | $8 | ($0) | $1 | $13 | $0 | ($1) | ($0) | — | |
| Unrealized translation gain | ($14.0m) | $81.0m | ($82.0m) | ($80.0m) | $27.0m | $7.0m | ($197.0m) | $72.0m | $54.0m | $45.0m | — | |
| Other comprehensive income | $17.0m | $92.0m | ($69.0m) | ($85.0m) | $27.0m | $11.0m | ($197.0m) | $66.0m | $55.0m | $47.0m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | ($283.0m) | $98.0m | $105.0m | $24.0m | ($491.0m) | $173.0m | $181.0m | $168.0m | $199.0m | ($822.0m) | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($283.0m) | $98.0m | $105.0m | $24.0m | ($491.0m) | $173.0m | $181.0m | $168.0m | $199.0m | ($822.0m) | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $255.0m | $133.0m | $9.0m | $481.0m | ($17.0m) | $47.0m | $746.0m | $10.0m | ($30.0m) | ($23.0m) | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.