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Ashland ASH Life Sciences — Adjustment For Amortization

Other segment segments

Personal Care And Household
$8M0.0%
Specialty Additives
$2M0.0%
Intermediates And Solvents
$0
Unallocated And Other
$0

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Other financials

Income statement

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Revenue$497.0M+7.3%
Gross profit$170.0M+28.8%
Operating income$43.0M+106%
Net income$16.0M+102%
EPS (diluted)$0.35+102%

Balance sheet

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Cash & equivalents$440.0M+113%
Total debt$1.5B-0.6%
Total equity$1.9B-1.0%
Total assets$4.6B-0.9%

Cash flow

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Operating cash flow$120.0M+4.3%
CapEx$20.0M0.0%
Free cash flow$100.0M+5.3%

Valuation

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Market cap$3.32B+40.6%
Enterprise value$4.35B+19.7%
P/E165.9×
P/S1.8×+0.5×

Profitability

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Gross margin31.5%+1.4pp
Operating margin4.1%
Net margin1.1%+0.5pp
FCF margin13.6%+9.7pp

Returns & leverage

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Return on equity1.1%+0.5pp
Debt / equity0.8×0.0×
Current ratio+0.4×

Where this comes from

Reported directly by Ashland in its filing.

Tagged under the XBRL concept us-gaap:AdjustmentForAmortization.

The source filing: Ashland’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 5:17 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-324226
(In millions - unaudited)Three months ended / June 30 / 2026Three months ended / June 30 / 2025Nine months ended / June 30 / 2026Nine months ended / June 30 / 2025
Unallocated and other122
$15$13$41$41
Amortization expense
Life Sciences$5$5$14$13
Personal Care882526
Specialty Additives2277
Intermediates1
Total operating segments15154647

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Ashland's life sciences — adjustment for amortization?
Ashland (ASH) reported life sciences — adjustment for amortization of $5M in Q2 2026.
How has Ashland's life sciences — adjustment for amortization changed year-over-year?
Ashland's life sciences — adjustment for amortization decreased by 0.0% year-over-year, from $5M to $5M.
What is the long-term trend for Ashland's life sciences — adjustment for amortization?
Over 4 years (2021 to 2025), Ashland's life sciences — adjustment for amortization has grown at a -9.2% compound annual growth rate (CAGR), from $28M to $19M.
What does life sciences — adjustment for amortization mean?
This metric reflects the periodic allocation of the cost of intangible assets over their estimated useful lives. It is a non-cash expense that reduces reported earnings but does not impact immediate cash flow. Adjustments here are often used to normalize earnings by removing the accounting impact of historical intangible asset valuations.

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