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Ashland ASH Unallocated And Other — Depreciation

Other segment segments

Specialty Additives
$13M-61.8%
Personal Care And Household
$7M0.0%
Intermediates And Solvents
$1M-66.7%

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FLROther — Depreciation
$0-100%

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:Depreciation.

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
Depreciation expense
Life Sciences(d)$10$17$29$48
Personal Care(e)772123
Specialty Additives(e)13344060
Intermediates1349
Total operating segments316194140
Unallocated and other(f)11
$32$61$95$140

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Ashland's unallocated and other — depreciation?
Ashland (ASH) reported unallocated and other — depreciation of $1M in Q2 2026.
What does unallocated and other — depreciation mean?
Represents the systematic allocation of the cost of tangible assets held within the unallocated segment over their useful lives. This non-cash expense reflects the wear and tear or obsolescence of corporate-level property and equipment.

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