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Ashland ASH Intangibles (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$3.45B+46.4%
Enterprise value$4.49B+23.5%
P/E172.6×
P/S1.9×+0.6×

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:IntangibleAssetsNetExcludingGoodwill.

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 302026September 302025
Accumulated depreciation2,2282,154
Net property, plant and equipment1,1491,201
Goodwill - Note G700705
Intangibles, net - Note G513563
Operating lease assets, net - Note I100103
Restricted investments - Note E285297
Asbestos insurance receivable, net(b) - Note L139127
Deferred income taxes157157

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Ashland's intangibles (net)?
Ashland (ASH) reported intangibles (net) of $513M in Q2 2026.
How has Ashland's intangibles (net) changed year-over-year?
Ashland's intangibles (net) decreased by 11.2% year-over-year, from $578M to $513M.
What is the long-term trend for Ashland's intangibles (net)?
Over 4 years (2021 to 2025), Ashland's intangibles (net) has grown at a -15.4% compound annual growth rate (CAGR), from $1.1B to $563M.
What does intangibles (net) mean?
Identifiable intangible assets (patents, trademarks, customer relationships, technology) net of accumulated amortization — excluding goodwill.

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