Ashland Inc.

ASH Basic Materials Specialty Chemicals

Ashland Inc.’s revenue for fiscal 2026 (year ended September 2026) was $1.9 billion, up 2.14% from fiscal 2025.

Revenue
+4.40%
EPS
+102.2%
Free cash flow
+400.0%
Total debt
−0.94%

Quarter to September 2026, against a year earlier

76.54 0.10 +0.13%
Market cap
$3.5B
P/E
67.1×
Fwd P/E
39.4×
Dividend yield
2.18%
F-score
n/a
Altman Z
n/a
Beneish M
−2.61
Dividend safety
47/100

Ashland Inc. (ASH) Gross margin

Alert me on Gross margin

Ashland Inc.'s gross margin over the twelve months to 30 September 2026 was 32.3%. Over the past ten years it has ranged from 26.0% (fiscal 2015) to 34.7% (fiscal 2022); the current reading is higher than 83% of that period. That is above the Specialty Chemicals industry median of 27.8% and above the Basic Materials sector median of 25.0%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2026 32.3% 2.16
FY2025 30.1% 0.85
FY2024 29.3% (1.24)
FY2023 30.5% (4.22)
FY2022 34.7% 2.97
FY2021 31.7% 2.03
FY2020 29.7% (0.60)
FY2019 30.3% (3.02)
FY2018 33.3% 1.76
FY2017 31.6% 2.19

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 35.9% 1.73
Jun 2026 34.2% 3.71
Mar 2026 30.5% 3.30
Dec 2025 27.2% (6.13)
43 more quarters

Against its own ten years

Low 26.0% High 34.7%
Ten-year median 30.4%
Current reading's percentile 79

Gross margin against peers

Company Gross margin
WDFC WD-40 Company compare 55.3%
PRM Perimeter Solutions, SA compare 54.5%
KWR Quaker Houghton compare 35.8%
FUL H. B. Fuller Company compare 32.3%
ASH Ashland Inc. 32.3%
AVNT Avient Corporation compare 31.7%
HWKN Hawkins, Inc. compare 22.4%
CBT Cabot Corporation compare 21.6%
CLMT Calumet, Inc. compare 6.57%
Specialty Chemicals industry median 27.8%
Basic Materials sector median 25.0%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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