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Ashland ASH US — Assets 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 ratio+0.4×

Where this comes from

Reported directly by Ashland in its filing.

Tagged under the XBRL concept us-gaap:AssetsNet.

The source filing: Ashland’s 10-K, filed November 20, 2025.

Filed
Nov 20, 2025
Fiscal year
FY2025
Accession
0001193125-25-289248
(In millions)Sales to external customers / 2025Sales to external customers / 2024Sales to external customers / 2023Net assets(liabilities) / 2025Net assets(liabilities) / 2024Property, plant andequipment - net / 2025Property, plant andequipment - net / 2024
United States$464$624$634$872$1,352$848$961
International1,3601,4891,5571,0321,516353342
$1,824$2,113$2,191$1,904$2,868$1,201$1,303

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Ashland's US — assets net?
Ashland (ASH) reported US — assets net of $872M in Q3 2025.
How has Ashland's US — assets net changed year-over-year?
Ashland's US — assets net decreased by 35.5% year-over-year, from $1.35B to $872M.
What does US — assets net mean?
This metric represents the total net book value of all assets allocated to the specified geographic segment after accounting for accumulated depreciation, amortization, and impairment. It reflects the capital intensity and the scale of operations required to support business activities within this region. Investors use this to evaluate the asset base supporting the segment's revenue generation and to calculate return on assets for specific geographic units.

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