What is Ashland's life sciences — PP&E (net)?

Ashland (ASH) reported life sciences — PP&E (net) of $456M in Q2 2026.

What does life sciences — PP&E (net) mean?

This represents the book value of the physical infrastructure and manufacturing assets held by the Life Sciences segment, net of accumulated depreciation. It indicates the segment's investment in production capacity and long-term operational capabilities. Changes in this balance reflect capital expenditure trends and the aging profile of the segment's manufacturing footprint.

Ashland (ASH) Life Sciences — PP&E (Net)

Screener

Other segment segments

Specialty Additives

$462M—

Unallocated And Other

$101M—

Personal Care And Household

$100M—

Intermediates And Solvents

$30M—

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AVAVUxs — PP&E (Net)

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CWCOBulk — PP&E (Net)

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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 ratio3×+0.4×

Where this comes from

Reported directly by Ashland in its filing.

Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentNet.

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)	June 30 / 2026	September 30 / 2025
Unallocated and other	1,348	1,226
	$4,578	$4,611
Property, plant and equipment - net
Life Sciences	$456	$481
Personal Care	100	101
Specialty Additives	462	484
Intermediates	30	30
Unallocated and other	101	105

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Ashland's life sciences — PP&E (net)?: Ashland (ASH) reported life sciences — PP&E (net) of $456M in Q2 2026.
What does life sciences — PP&E (net) mean?: This represents the book value of the physical infrastructure and manufacturing assets held by the Life Sciences segment, net of accumulated depreciation. It indicates the segment's investment in production capacity and long-term operational capabilities. Changes in this balance reflect capital expenditure trends and the aging profile of the segment's manufacturing footprint.