Ashland Inc. Files Q1 2025 10-Q Report
Ticker: ASH · Form: 10-Q · Filed: Jan 29, 2025 · CIK: 1674862
Sentiment: neutral
Topics: 10-Q, quarterly-report, financials
TL;DR
Ashland's Q1 2025 10-Q is in. Check financials.
AI Summary
Ashland Inc. filed its 10-Q for the period ending December 31, 2024. The filing covers the first quarter of their fiscal year. Key financial data and business operations for this period are detailed within the report.
Why It Matters
This report provides investors and analysts with a detailed look at Ashland's financial performance and operational status at the start of their fiscal year, influencing investment decisions.
Risk Assessment
Risk Level: low — This is a routine quarterly filing providing standard financial information.
Key Players & Entities
- Ashland Inc. (company) — Filer of the 10-Q report
- 20241231 (date) — End of the reporting period
- 20250129 (date) — Filing date
- 0000950170-25-010377 (other) — Accession number for the filing
FAQ
What is the reporting period for this 10-Q filing?
The 10-Q filing is for the period ending December 31, 2024.
When was this 10-Q filed with the SEC?
This 10-Q was filed on January 29, 2025.
What is the company's Central Index Key (CIK)?
Ashland Inc.'s Central Index Key is 0001674862.
What is Ashland Inc.'s fiscal year end?
Ashland Inc.'s fiscal year ends on September 30.
What is the Standard Industrial Classification (SIC) code for Ashland Inc.?
The SIC code for Ashland Inc. is 5160, which corresponds to Wholesale-Chemicals & Allied Products.
Filing Stats: 4,440 words · 18 min read · ~15 pages · Grade level 18.5 · Accepted 2025-01-29 14:14:32
Key Financial Figures
- $0.01 — ch registered Common Stock, par value $0.01 per share ASH New York Stock Exchan
Filing Documents
- ash-20241231.htm (10-Q) — 3904KB
- ash-ex31_1.htm (EX-31.1) — 15KB
- ash-ex31_2.htm (EX-31.2) — 15KB
- ash-ex32.htm (EX-32) — 13KB
- 0000950170-25-010377.txt ( ) — 16861KB
- ash-20241231.xsd (EX-101.SCH) — 1749KB
- ash-20241231_htm.xml (XML) — 4120KB
- FINANCIAL INFORMATION
PART I - FINANCIAL INFORMATION
FINANCIAL STATEMENTS
ITEM 1. FINANCIAL STATEMENTS ASHLAND INC. AND CONSOLIDATED SUBSIDIARIES Three months ended December 31 (In millions except per share data - unaudited) 2024 2023 Sales - Note P $ 405 $ 473 Cost of sales 294 375 Gross profit 111 98 Selling, general and administrative expense 78 83 Research and development expense 13 12 Intangibles amortization expense - Note G 17 21 Equity and other income 1 2 Loss on acquisitions and divestitures, net - Note B ( 183 ) ( 2 ) Operating loss ( 179 ) ( 18 ) Net interest and other expense (income) 28 ( 24 ) Other net periodic benefit loss - Note K 2 2 Income (loss) from continuing operations before income taxes ( 209 ) 4 Income tax benefit - Note J ( 43 ) ( 24 ) Income (loss) from continuing operations ( 166 ) 28 Income (loss) from discontinued operations, net of income taxes - Note C 1 ( 2 ) Net income (loss) $ ( 165 ) $ 26 PER SHARE DATA Basic earnings per share - Note M Income (loss) from continuing operations $ ( 3.51 ) $ 0.54 Income (loss) from discontinued operations 0.01 ( 0.03 ) Net income (loss) $ ( 3.50 ) $ 0.51 Diluted earnings per share - Note M Income (loss) from continuing operations $ ( 3.51 ) $ 0.54 Income (loss) from discontinued operations 0.01 ( 0.03 ) Net income (loss) $ ( 3.50 ) $ 0.51 COMPREHENSIVE INCOME (LOSS) Net income (loss) $ ( 165 ) $ 26 Other comprehensive income (loss), net of tax Unrealized translation gain (loss) ( 94 ) 54 Unrealized gain (loss) on commodity hedges 1 ( 1 ) Other comprehensive income (loss) - Note N ( 93 ) 53 Comprehensive income (loss) $ ( 258 ) $ 79 SEE NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS. 2 ASHLAND INC. AND CONSOLIDATED SUBSIDIARIES CONDENSED