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Ashland ASH Intermediates And Solvents — Research And Development Expense

Other segment segments

Personal Care And Household
$6M-14.3%
Specialty Additives
$4M+33.3%
Life Sciences
$3M-25.0%
Unallocated And Other
$1M

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BCCorporate Segment — Research and Development Expense
$1.1M+10.0%
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TMOAnalytical Instruments — Research and development expenses
$139M+1.5%
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CCAdvanced Performance Materials — Research And Development Expense
$11M-8.3%
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MTXEngineered Solutions — Research And Development Expense
$2.7M+12.5%

Other financials

Income statement

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Revenue$482.0M+0.6%
Gross profit$147.0M0.0%
Operating income$39.0M-23.5%
Net income$16.0M-48.4%
EPS (diluted)$0.34-47.7%

Balance sheet

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Cash & equivalents$343.0M+104%
Total debt$1.5B-0.6%
Total equity$1.9B-27.1%
Total assets$4.5B-14.0%

Cash flow

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Operating cash flow$50.0M+456%
CapEx$17.0M-19.0%
Free cash flow$33.0M+375%

Valuation

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Market cap$2.93B-9.0%
Enterprise value$4.06B-10.6%
P/S1.6×0.0×

Profitability

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Gross margin30%-1.7pp
Operating margin-37.3%
Net margin-40.8%-48.8pp
FCF margin13.6%+9.7pp

Returns & leverage

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Return on equity-33.4%-38.5pp
Debt / equity0.8×+0.2×
Current ratio3.1×+0.7×

Where this comes from

Reported directly by Ashland in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Ashland’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ashland's intermediates and solvents — research and development expense?
Ashland (ASH) reported intermediates and solvents — research and development expense of $0 in Q1 2026.
What does intermediates and solvents — research and development expense mean?
This metric tracks the investment made by the Intermediates and Solvents segment into innovation, product development, and technical improvements. It indicates the segment's commitment to long-term competitiveness and the evolution of its specialty material offerings.