Ashland Inc. (ASH)

From the record

Ashland Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Ashland Inc.'s 10 filed years say what it did: revenue went from $3.0 billion in fiscal 2016 to $1.8 billion in fiscal 2025, down 5.4% a year; it rose in 3 of 9 years; the deepest fall was 40% from fiscal 2016 to fiscal 2025; net income was positive in 7 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-09-30, Ashland Inc.'s diluted share count shrank about 6.3% a year, and dividends and buybacks returned about 100% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-10-01 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-09-30, Ashland Inc. lost about 44 cents for every dollar of shareholders' money, and gross profitability: its products earned about 12 cents per dollar of everything the company owns. Leverage: it owed about 59 cents per dollar of assets, and net share issuance: its share count shrank 8.0% over the year (the filed statements).

From the record

Ashland Inc.'s standing among 35 graded names in its industry family: revenue of $1.8 billion in fiscal 2025 ranks in the top 46% by size; a net margin of -46.3% ranks in the bottom 7%; revenue growth of -8.6% a year over the last 3 filed years ranks in the bottom 24% (its annual reports).

From the record

Ashland Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Novo, Guillermo (Chair of the Board and CEO, as filed), filing under that title since 2020-01-03, 6.9 years (top 25% of its family); the 19 officers and directors filing in the last fifteen months have been on the record a median of 3 years (bottom 11%); 18 officer or director changes were reported on Form 8-K since 2023-11-13, against the 19 people in charge now (bottom 10%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Ashland Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $215 million against debt of $1.4 billion leaves -25.4% of its assets as net cash, bottom 25% of its family; cash from operations less capital spending is 2% of revenue (top 41%); a gross margin of 30.1% (top 29%); research spending of 3% of revenue (top 25%) (its annual report).

From the record

Ashland Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -8.6% a year over the last three filed years against -5.4% over all 10, slowing (top 47% of its family); the newest year grew -13.7% (bottom 19%); research spending grew -0.6% a year (top 12%); capital spending grew -4.6% a year (bottom 48%) (its annual reports). Ashland Inc. reported 6 lines of business in fiscal 2025: Life Sciences at $641 million, Personal Care and Household at $577 million, Personal Care at $577 million, and 3 more. 0 of 6 grew in the latest filed year, and the largest line is 25% of revenue (its annual report).

From the record

Ashland Inc.'s newest year against its own record: revenue of $1.8 billion in fiscal 2025 came in 8.2% below the $2.0 billion its prior three years' pace pointed to (bottom 23% of its family); net income of $845 million against a prior three-year average of $425 million (bottom 14%); a net margin of -46.3% against 18.3% before (bottom 5%) (its annual reports).