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Ashland ASH Pre-Tax Income

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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:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

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 except per share data - unaudited)Three months ended / June 30 / 2026Three months ended / June 30 / 2025Nine months ended / June 30 / 2026Nine months ended / June 30 / 2025
Operating income (loss)43(708)76(836)
Net interest and other (income) expense(8)(5)1934
Other net periodic benefit (income) loss - Note K(5)1(3)4
Income (loss) from continuing operations before income taxes56(704)60(874)
Income tax expense (benefit) - Note J151518(19)
Income (loss) from continuing operations41(719)42(855)
Loss from discontinued operations, net of income taxes - Note C(25)(23)(22)(22)
Net income (loss)$16$(742)$20$(877)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Ashland's pre-tax income?
Ashland (ASH) reported pre-tax income of $56M in Q2 2026.
How has Ashland's pre-tax income changed year-over-year?
Ashland's pre-tax income increased by 108.0% year-over-year, from -$704M to $56M.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

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