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
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Ashland Inc. (ASH) 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 | Free account |
Against its own ten years
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
More on ASH
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Beneish M-score
- The full statement