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Ashland ASH Changes in estimates

Changes in estimates at other companies

Ashland logo
AshlandASH
-$22M+53.2%
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FMC CorporationFMC
$35.73M+23.2%
LyondellBasell Industries N.V. logo
LyondellBasell Industries N.V.LYB
$11.25M+55.2%
Monro, Inc. logo
Monro, Inc.MNRO
-$135.75K
Revvity logo
RevvityRVTY
$13.98M+220%
PRA Group logo
PRA GroupPRAA
$96.92M+191%

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$3.5B+48.5%
Enterprise value$4.54B+24.8%
P/E175.1×
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:AccrualForEnvironmentalLossContingenciesIncreaseDecreaseForRevisionInEstimates.

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)Nine months ended / June 30 / 2026Nine months ended / June 30 / 2025
Environmental remediation reserves - beginning of year(a)$226$221
Disbursements(28)(29)
Revised obligation estimates and accretion3350
Environmental remediation reserves - end of period(a)$231$242

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Ashland's changes in estimates?
Ashland (ASH) reported changes in estimates of -$22M in Q2 2026.
How has Ashland's changes in estimates changed year-over-year?
Ashland's changes in estimates increased by 53.2% year-over-year, from -$47M to -$22M.
What is the long-term trend for Ashland's changes in estimates?
Over 4 years (2021 to 2025), Ashland's changes in estimates has grown at a 0.0% compound annual growth rate (CAGR), from -$51M to -$51M.
What does changes in estimates mean?
Represents adjustments made to the estimated liability for environmental remediation based on new information or changes in regulatory requirements. A significant change indicates a revision in the company's assessment of its long-term environmental risk exposure. Investors use this to gauge the stability and accuracy of the company's environmental liability forecasting.

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