Ashland Inc.
ASHFinancial Statements
Income Statement (Annual)
Amounts in millions
2025
9/30/2025
Revenue
1,824
Cost of Revenue
1,275
Gross Profit
549
Gross Margin
30.1%
Operating Income
-775
Operating Margin
-42.5%
Net Income
-845
Net Margin
-46.3%
EPS (Basic)
$-17.87
EPS (Diluted)
$-18.37
EBITDA
-509
EBITDA Margin
-27.9%
2024
9/30/2024
Revenue
2,113
Cost of Revenue
1,495
Gross Profit
618
Gross Margin
29.2%
Operating Income
-26
Operating Margin
-1.2%
Net Income
169
Net Margin
8.0%
EPS (Basic)
$3.45
EPS (Diluted)
$3.38
EBITDA
303
EBITDA Margin
14.3%
2023
9/30/2023
Revenue
2,191
Cost of Revenue
1,523
Gross Profit
668
Gross Margin
30.5%
Operating Income
172
Operating Margin
7.9%
Net Income
178
Net Margin
8.1%
EPS (Basic)
$3.36
EPS (Diluted)
$3.31
EBITDA
457
EBITDA Margin
20.9%
2022
9/30/2022
Revenue
2,391
Cost of Revenue
1,561
Gross Profit
830
Gross Margin
34.7%
Operating Income
333
Operating Margin
13.9%
Net Income
927
Net Margin
38.8%
EPS (Basic)
$17.17
EPS (Diluted)
$16.41
EBITDA
509
EBITDA Margin
21.3%
2021
9/30/2021
Revenue
2,111
Cost of Revenue
1,441
Gross Profit
670
Gross Margin
31.7%
Operating Income
192
Operating Margin
9.1%
Net Income
220
Net Margin
10.4%
EPS (Basic)
$2.85
EPS (Diluted)
$3.66
EBITDA
448
EBITDA Margin
21.2%