What is Ashland's capex?

Ashland (ASH) reported capex of $17M in Q1 2026.

How has Ashland's capex changed year-over-year?

Ashland's capex decreased by 19.0% year-over-year, from $21M to $17M.

What is the long-term trend for Ashland's capex?

Over 4 years (2021 to 2025), Ashland's capex has grown at a -1.7% compound annual growth rate (CAGR), from $105M to $98M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Ashland ASH CapEx

CapEx at other companies

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$165M-7.8%

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$503M-26.6%

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$57.7M+74.9%

Eastman ChemicalEMN

$103M-29.9%

InnospecIOSP

$8.9M+6.0%

AVT

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$33.5M+19.6%

Other financials

Income statement

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Revenue$482.0M+0.6%

Gross profit$147.0M0.0%

Operating income$39.0M-23.5%

Net income$16.0M-48.4%

EPS (diluted)$0.34-47.7%

Balance sheet

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Cash & equivalents$343.0M+104%

Total debt$1.5B-0.6%

Total equity$1.9B-27.1%

Total assets$4.5B-14.0%

Cash flow

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Operating cash flow$50.0M+456%

Free cash flow$33.0M+375%

Valuation

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Market cap$2.93B-9.0%

Enterprise value$4.06B-10.6%

P/S1.6×0.0×

Profitability

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Gross margin30%-1.7pp

Operating margin-37.3%—

Net margin-40.8%-48.8pp

FCF margin13.6%+9.7pp

Returns & leverage

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Return on equity-33.4%-38.5pp

Debt / equity0.8×+0.2×

Current ratio3.1×+0.7×

Where this comes from

Reported directly by Ashland in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Ashland’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ashland's capex?: Ashland (ASH) reported capex of $17M in Q1 2026.
How has Ashland's capex changed year-over-year?: Ashland's capex decreased by 19.0% year-over-year, from $21M to $17M.
What is the long-term trend for Ashland's capex?: Over 4 years (2021 to 2025), Ashland's capex has grown at a -1.7% compound annual growth rate (CAGR), from $105M to $98M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.