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Ashland ASH Specialty Additives — PP&E (Net)

Other segment segments

Unallocated And Other
$101M
Personal Care And Household
$100M
Intermediates And Solvents
$30M

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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: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 / 2026September 30 / 2025
$4,578$4,611
Property, plant and equipment - net
Life Sciences$456$481
Personal Care100101
Specialty Additives462484
Intermediates3030
Unallocated and other101105
$1,149$1,201

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Ashland's specialty additives — PP&E (net)?
Ashland (ASH) reported specialty additives — PP&E (net) of $462M in Q2 2026.
What does specialty additives — PP&E (net) mean?
This represents the net book value of the physical infrastructure, manufacturing facilities, and machinery used by the specialty additives segment after accounting for accumulated depreciation. It indicates the level of investment in the physical production capacity required to sustain operations. A stable or growing balance typically reflects ongoing investment in production capabilities.

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