ASHLAND INC. (ASH)
Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014Q1-CY2014Q4-CY2013
Balance Sheet Date2025-Sep-302025-Jun-302025-Mar-312024-Dec-312024-Sep-302024-Jun-302024-Mar-312023-Dec-312023-Sep-302023-Jun-302023-Mar-312022-Dec-312022-Sep-302022-Jun-302022-Mar-312021-Dec-312021-Sep-302021-Jun-302021-Mar-312020-Dec-312020-Sep-302020-Jun-302020-Mar-312019-Dec-312019-Sep-302019-Jun-302019-Mar-312018-Dec-312018-Sep-302018-Jun-302018-Mar-312017-Dec-312017-Jun-302017-Mar-312017-Sep-302016-Sep-30
Fiscal PeriodQ4-FY2025Q3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q3-FY2017Q2-FY2017Q1-FY2017Q4-FY2016
Total Assets4,611,000,000$4,621,000,000$5,233,000,000$5,231,000,000$5,645,000,000$5,747,000,000$5,948,000,000$5,866,000,000$5,939,000,000$6,029,000,000$6,183,000,000$6,259,000,000$6,213,000,000$6,412,000,000$6,780,000,000$6,549,000,000$6,612,000,000$6,766,000,000$6,664,000,000$6,742,000,000$6,877,000,000$6,986,000,000$6,968,000,000$7,326,000,000$7,251,000,000$7,925,000,000$7,998,000,000$7,943,000,000$8,259,000,000$8,224,000,000$8,441,000,000$8,655,000,000$8,618,000,000$8,506,000,000$9,186,000,000$9,063,000,000$10,000,000,000$10,066,000,000$
Total Current Assets1,205,000,000$1,124,000,000$1,075,000,000$1,069,000,000$1,195,000,000$1,385,000,000$1,427,000,000$1,365,000,000$1,506,000,000$1,526,000,000$1,631,000,000$1,724,000,000$1,768,000,000$1,817,000,000$2,025,000,000$1,734,000,000$1,717,000,000$1,235,000,000$1,418,000,000$1,381,000,000$1,547,000,000$1,670,000,000$1,645,000,000$1,344,000,000$1,433,000,000$2,037,000,000$2,087,000,000$1,991,000,000$1,712,000,000$1,672,000,000$1,713,000,000$1,964,000,000$1,903,000,000$1,839,000,000$2,377,000,000$2,334,000,000$2,888,000,000$3,093,000,000$
Cash and Cash Equivalents215,000,000$207,000,000$168,000,000$219,000,000$300,000,000$399,000,000$439,000,000$440,000,000$417,000,000$349,000,000$399,000,000$532,000,000$646,000,000$629,000,000$964,000,000$194,000,000$210,000,000$262,000,000$373,000,000$335,000,000$454,000,000$416,000,000$353,000,000$157,000,000$232,000,000$132,000,000$164,000,000$149,000,000$294,000,000$182,000,000$225,000,000$601,000,000$566,000,000$492,000,000$605,000,000$704,000,000$1,017,000,000$1,136,000,000$1,039,000,000$1,257,000,000$
Receivables
Other Current Assets180,000,000$149,000,000$139,000,000$127,000,000$107,000,000$189,000,000$178,000,000$143,000,000$125,000,000$120,000,000$107,000,000$117,000,000$91,000,000$91,000,000$77,000,000$66,000,000$68,000,000$72,000,000$86,000,000$100,000,000$87,000,000$121,000,000$119,000,000$53,000,000$64,000,000$47,000,000$63,000,000$62,000,000$60,000,000$144,000,000$122,000,000$92,000,000$91,000,000$73,000,000$113,000,000$106,000,000$89,000,000$169,000,000$
Assets Held for Sale in Short Term32,000,000$41,000,000$4,000,000$604,000,000$597,000,000$63,000,000$61,000,000$64,000,000$60,000,000$59,000,000$756,000,000$739,000,000$713,000,000$240,000,000$0$0$714,000,000$
Total Noncurrent Assets3,406,000,000$3,497,000,000$4,158,000,000$4,162,000,000$4,450,000,000$4,362,000,000$4,521,000,000$4,501,000,000$4,433,000,000$4,503,000,000$4,552,000,000$4,535,000,000$4,445,000,000$4,595,000,000$4,755,000,000$4,815,000,000$4,895,000,000$5,531,000,000$5,246,000,000$5,361,000,000$5,330,000,000$5,316,000,000$5,323,000,000$5,982,000,000$5,818,000,000$5,888,000,000$5,911,000,000$5,952,000,000$6,547,000,000$6,552,000,000$6,728,000,000$6,691,000,000$6,715,000,000$6,667,000,000$6,809,000,000$6,729,000,000$7,112,000,000$6,973,000,000$
Goodwill705,000,000$705,000,000$1,356,000,000$1,330,000,000$1,381,000,000$1,352,000,000$1,379,000,000$1,396,000,000$1,362,000,000$1,383,000,000$1,385,000,000$1,369,000,000$1,312,000,000$1,356,000,000$1,404,000,000$1,411,000,000$1,430,000,000$1,901,000,000$1,760,000,000$1,792,000,000$1,305,000,000$1,734,000,000$1,723,000,000$2,274,000,000$1,800,000,000$2,285,000,000$2,279,000,000$2,289,000,000$2,304,000,000$2,447,000,000$2,503,000,000$2,475,000,000$2,315,000,000$288,000,000$2,413,000,000$2,348,000,000$2,138,000,000$2,317,000,000$
Other Intangible Assets563,000,000$578,000,000$580,000,000$588,000,000$751,000,000$761,000,000$851,000,000$875,000,000$886,000,000$916,000,000$940,000,000$959,000,000$963,000,000$1,001,000,000$1,041,000,000$1,068,000,000$1,099,000,000$1,133,000,000$971,000,000$1,001,000,000$1,011,000,000$1,026,000,000$1,044,000,000$1,072,000,000$1,088,000,000$1,118,000,000$1,135,000,000$1,159,000,000$1,185,000,000$1,249,000,000$1,290,000,000$1,298,000,000$1,319,000,000$1,316,000,000$1,017,000,000$1,026,000,000$1,061,000,000$1,142,000,000$
Physical Assets1,201,000,000$1,201,000,000$1,220,000,000$1,234,000,000$1,303,000,000$1,294,000,000$1,340,000,000$1,367,000,000$1,373,000,000$1,354,000,000$1,351,000,000$1,346,000,000$1,338,000,000$1,352,000,000$1,380,000,000$1,401,000,000$1,427,000,000$1,524,000,000$1,532,000,000$1,562,000,000$1,485,000,000$1,554,000,000$1,564,000,000$1,575,000,000$1,577,000,000$1,580,000,000$1,587,000,000$1,621,000,000$1,646,000,000$1,893,000,000$1,940,000,000$1,945,000,000$1,970,000,000$1,937,000,000$2,205,000,000$2,186,000,000$1,900,000,000$1,929,000,000$
Other Noncurrent Assets253,000,000$259,000,000$265,000,000$264,000,000$264,000,000$256,000,000$257,000,000$256,000,000$251,000,000$254,000,000$250,000,000$256,000,000$254,000,000$258,000,000$267,000,000$266,000,000$267,000,000$362,000,000$395,000,000$397,000,000$394,000,000$403,000,000$402,000,000$411,000,000$410,000,000$406,000,000$411,000,000$398,000,000$416,000,000$450,000,000$461,000,000$425,000,000$422,000,000$411,000,000$423,000,000$419,000,000$437,000,000$409,000,000$
Assets Held for Sale in Long Term546,000,000$477,000,000$0$0$1,053,000,000$
Total Liabilities2,707,000,000$2,732,000,000$2,674,000,000$2,639,000,000$2,777,000,000$2,780,000,000$2,814,000,000$2,813,000,000$2,842,000,000$2,880,000,000$2,916,000,000$2,941,000,000$2,993,000,000$3,146,000,000$3,399,000,000$3,786,000,000$3,860,000,000$3,564,000,000$3,550,000,000$3,620,000,000$3,841,000,000$3,973,000,000$3,985,000,000$3,701,000,000$3,680,000,000$4,708,000,000$4,636,000,000$4,638,000,000$4,853,000,000$4,825,000,000$4,930,000,000$5,256,000,000$5,212,000,000$5,107,000,000$6,043,000,000$6,062,000,000$6,835,000,000$7,017,000,000$
Total Current Liabilities423,000,000$420,000,000$463,000,000$425,000,000$490,000,000$464,000,000$453,000,000$414,000,000$456,000,000$432,000,000$472,000,000$464,000,000$553,000,000$550,000,000$810,000,000$908,000,000$934,000,000$602,000,000$569,000,000$585,000,000$813,000,000$937,000,000$972,000,000$688,000,000$757,000,000$1,007,000,000$920,000,000$906,000,000$1,076,000,000$742,000,000$712,000,000$1,003,000,000$968,000,000$895,000,000$1,037,000,000$1,016,000,000$1,238,000,000$1,442,000,000$
Accounts Payable189,000,000$185,000,000$185,000,000$184,000,000$214,000,000$198,000,000$207,000,000$202,000,000$210,000,000$210,000,000$246,000,000$246,000,000$265,000,000$241,000,000$248,000,000$236,000,000$236,000,000$236,000,000$217,000,000$217,000,000$211,000,000$225,000,000$255,000,000$234,000,000$313,000,000$275,000,000$280,000,000$277,000,000$331,000,000$397,000,000$387,000,000$382,000,000$409,000,000$392,000,000$520,000,000$458,000,000$376,000,000$573,000,000$
Short Term Debt
Short Term Capital Lease Obligations21,000,000$19,000,000$19,000,000$20,000,000$20,000,000$21,000,000$21,000,000$22,000,000$22,000,000$21,000,000$20,000,000$18,000,000$19,000,000$18,000,000$21,000,000$22,000,000$23,000,000$24,000,000$23,000,000$23,000,000$22,000,000$23,000,000$23,000,000$24,000,000$
Other Current Liabilities
Total Noncurrent Liabilities2,284,000,000$2,312,000,000$2,211,000,000$2,214,000,000$2,287,000,000$2,316,000,000$2,361,000,000$2,399,000,000$2,386,000,000$2,448,000,000$2,444,000,000$2,477,000,000$2,440,000,000$2,596,000,000$2,589,000,000$2,878,000,000$2,926,000,000$2,962,000,000$2,981,000,000$3,035,000,000$3,028,000,000$3,036,000,000$3,013,000,000$3,013,000,000$2,923,000,000$3,701,000,000$3,716,000,000$3,732,000,000$3,777,000,000$4,083,000,000$4,218,000,000$4,253,000,000$4,244,000,000$4,212,000,000$5,006,000,000$5,046,000,000$5,597,000,000$5,575,000,000$
Long Term Debt1,384,000,000$1,382,000,000$1,336,000,000$1,313,000,000$1,349,000,000$1,325,000,000$1,328,000,000$1,341,000,000$1,314,000,000$1,328,000,000$1,328,000,000$1,316,000,000$1,270,000,000$1,302,000,000$1,336,000,000$1,580,000,000$1,596,000,000$1,578,000,000$1,571,000,000$1,601,000,000$1,573,000,000$1,547,000,000$1,535,000,000$1,502,000,000$1,501,000,000$2,275,000,000$2,275,000,000$2,275,000,000$2,275,000,000$2,450,000,000$2,579,000,000$2,584,000,000$2,584,000,000$2,584,000,000$2,812,000,000$2,825,000,000$2,325,000,000$3,348,000,000$
Long Term Capital Lease Obligations85,000,000$84,000,000$82,000,000$83,000,000$99,000,000$100,000,000$101,000,000$107,000,000$106,000,000$109,000,000$108,000,000$95,000,000$94,000,000$100,000,000$102,000,000$104,000,000$110,000,000$118,000,000$119,000,000$124,000,000$114,000,000$126,000,000$131,000,000$143,000,000$
Other Noncurrent Liabilities299,000,000$303,000,000$263,000,000$279,000,000$286,000,000$324,000,000$288,000,000$293,000,000$291,000,000$290,000,000$280,000,000$326,000,000$325,000,000$356,000,000$331,000,000$339,000,000$349,000,000$364,000,000$421,000,000$433,000,000$432,000,000$438,000,000$416,000,000$426,000,000$453,000,000$419,000,000$426,000,000$433,000,000$422,000,000$573,000,000$541,000,000$409,000,000$400,000,000$361,000,000$445,000,000$438,000,000$361,000,000$405,000,000$
Total Equity1,904,000,000$1,889,000,000$2,559,000,000$2,592,000,000$2,868,000,000$2,967,000,000$3,134,000,000$3,053,000,000$3,097,000,000$3,149,000,000$3,267,000,000$3,318,000,000$3,220,000,000$3,266,000,000$3,381,000,000$2,763,000,000$2,752,000,000$3,202,000,000$3,114,000,000$3,122,000,000$3,036,000,000$3,013,000,000$2,983,000,000$3,625,000,000$3,571,000,000$3,217,000,000$3,362,000,000$3,305,000,000$3,406,000,000$3,399,000,000$3,511,000,000$3,399,000,000$3,406,000,000$3,399,000,000$3,143,000,000$3,001,000,000$3,165,000,000$3,037,000,000$
Equity to Minority0$0$(157,000,000$)(174,000,000$)(182,000,000$)0$
Equity to Common Shareholders1,904,000,000$1,889,000,000$2,559,000,000$2,592,000,000$2,868,000,000$2,967,000,000$3,134,000,000$3,053,000,000$3,097,000,000$3,149,000,000$3,267,000,000$3,318,000,000$3,220,000,000$3,266,000,000$3,381,000,000$2,763,000,000$2,752,000,000$3,202,000,000$3,114,000,000$3,122,000,000$3,036,000,000$3,013,000,000$2,983,000,000$3,625,000,000$3,571,000,000$3,217,000,000$3,362,000,000$3,305,000,000$3,406,000,000$3,399,000,000$3,511,000,000$3,399,000,000$3,406,000,000$3,399,000,000$3,300,000,000$3,175,000,000$3,347,000,000$3,037,000,000$
Additional Paid-In Capital
Retained Earnings2,298,000,000$3,315,000,000$3,595,000,000$3,653,000,000$2,796,000,000$2,649,000,000$3,224,000,000$2,750,000,000$2,696,000,000$2,704,000,000$3,281,000,000$
Treasury Stock
Capital Lease Obligations106,000,000$119,000,000$128,000,000$113,000,000$118,000,000$123,000,000$126,000,000$133,000,000$142,000,000$142,000,000$147,000,000$136,000,000$149,000,000$154,000,000$174,000,000$