ASHLAND INC.
ASHNYSEIndustrials · Wholesale-Chemicals & Allied Products · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $1.82B | $2.11B | $2.19B | $2.39B | $2.11B | $2.33B |
| Operating income | −$775.0M | −$26.0M | $172.0M | $333.0M | $192.0M | −$388.0M |
| Net income | −$845.0M | $169.0M | $178.0M | $927.0M | $220.0M | −$508.0M |
| Total assets | $4.61B | $5.64B | $5.94B | $6.21B | $6.61B | $6.88B |
| Total liabilities | — | — | — | — | — | — |
| Equity | $1.90B | $2.87B | $3.10B | $3.22B | $2.75B | $3.04B |
| EPS (diluted) | $-18.23 | $3.36 | $3.31 | $16.41 | $3.59 | $-8.39 |
| Shares out. | 45.7M | 47.1M | 51.3M | 54.1M | 56.8M | 60.6M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −42.5%
- Net margin
- −46.3%
- Return on equity
- −44.4%
- Return on assets
- −18.3%
- Return on capital (ROCE)
- −18.5%
- Liabilities / assets
- —
- Debt / equity
- —
- Book value / share
- $41.65
- Revenue growth (YoY)
- −13.7%
- Net income growth (YoY)
- −600.0%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Accruals / assets
- −21.2%clean
- Piotroski F-Score
- 5/8mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 3 warning● 2 good- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 5.1M | 4.3 | -8.3% |
| Apr 30, 2026 | 5.6M | 6.6 | +2.4% |
| Apr 15, 2026 | 5.5M | 9.3 | +12.0% |
| Mar 31, 2026 | 4.9M | 6.4 | -2.3% |
| Mar 13, 2026 | 5.0M | 8.7 | -0.5% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Entered a material agreement · New financial obligationMay 29, 2026
- Director / officer changeMay 18, 2026
- Results of operations · Regulation FD disclosureApr 28, 2026
- Results of operations · Regulation FD disclosureFeb 2, 2026
- Director / officer changeJan 27, 2026
- Shareholder voteJan 22, 2026
- Results of operations · Regulation FD disclosureNov 4, 2025
- Director / officer changeSep 18, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 8-KMay 29, 2026
- 4May 18, 2026
- 8-KMay 18, 2026
- 3May 18, 2026
- SCHEDULE 13D/AMay 18, 2026
- SCHEDULE 13D/AMay 12, 2026
- 4May 11, 2026
- SCHEDULE 13D/AMay 6, 2026
- SCHEDULE 13GApr 29, 2026
- 10-QApr 29, 2026
- 8-KApr 28, 2026
- SCHEDULE 13GApr 9, 2026
- 4Apr 1, 2026
- 4Apr 1, 2026
- SCHEDULE 13G/AMar 26, 2026
Event-driven situations (1)
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