ASH: Ashland Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Ashland Inc (ASH).
$4.25B Market Cap.
ASH Market Cap. (MRY)
ASH Shares Outstanding (MRY)
ASH Assets (MRY)
Total Assets
$5.64B
Total Liabilities
$2.78B
Total Investments
$295.00M
ASH Income (MRY)
Revenue
$2.11B
Net Income
$169.00M
Operating Expense
$650.00M
ASH Cash Flow (MRY)
CF Operations
$411.00M
CF Investing
-$51.00M
CF Financing
-$479.00M
ASH Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $5,645,000,000 (-4.95%) | $5,939,000,000 (-4.41%) | $6,213,000,000 (-6.03%) | $6,612,000,000 (-3.85%) |
Assets Current | $1,195,000,000 (-20.65%) | $1,506,000,000 (-14.82%) | $1,768,000,000 (2.97%) | $1,717,000,000 (10.99%) |
Assets Non-Current | $4,450,000,000 (0.38%) | $4,433,000,000 (-0.27%) | $4,445,000,000 (-9.19%) | $4,895,000,000 (-8.16%) |
Goodwill & Intangible Assets | $2,132,000,000 (-5.16%) | $2,248,000,000 (-1.19%) | $2,275,000,000 (-10.04%) | $2,529,000,000 (9.20%) |
Shareholders Equity | $2,868,000,000 (-7.39%) | $3,097,000,000 (-3.82%) | $3,220,000,000 (17.01%) | $2,752,000,000 (-9.35%) |
Property Plant & Equipment Net | $1,417,000,000 (-5.22%) | $1,495,000,000 (3.46%) | $1,445,000,000 (-6.83%) | $1,551,000,000 (-3.72%) |
Cash & Equivalents | $300,000,000 (-28.06%) | $417,000,000 (-35.45%) | $646,000,000 (207.62%) | $210,000,000 (-53.74%) |
Accumulated Other Comprehensive Income | $0 (0%) | -$503,000,000 (11.60%) | -$569,000,000 (-52.96%) | -$372,000,000 (2.87%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $295,000,000 (1.72%) | $290,000,000 (-7.35%) | $313,000,000 (-18.49%) | $384,000,000 (27.57%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $295,000,000 (1.72%) | $290,000,000 (-7.35%) | $313,000,000 (-18.49%) | $384,000,000 (27.57%) |
Inventory | $545,000,000 (-12.94%) | $626,000,000 (-0.48%) | $629,000,000 (32.98%) | $473,000,000 (-6.52%) |
Trade & Non-Trade Receivables | $243,000,000 (-28.11%) | $338,000,000 (-15.92%) | $402,000,000 (8.94%) | $369,000,000 (-15.56%) |
Trade & Non-Trade Payables | $214,000,000 (1.90%) | $210,000,000 (-20.75%) | $265,000,000 (12.29%) | $236,000,000 (11.85%) |
Accumulated Retained Earnings (Deficit) | $3,315,000,000 (-7.79%) | $3,595,000,000 (-1.59%) | $3,653,000,000 (30.65%) | $2,796,000,000 (5.55%) |
Tax Assets | $210,000,000 (854.55%) | $22,000,000 (10.00%) | $20,000,000 (-33.33%) | $30,000,000 (15.38%) |
Tax Liabilities | $29,000,000 (-80.41%) | $148,000,000 (-15.91%) | $176,000,000 (-25.74%) | $237,000,000 (3.49%) |
Total Debt | $1,468,000,000 (0.69%) | $1,458,000,000 (5.42%) | $1,383,000,000 (-34.24%) | $2,103,000,000 (5.73%) |
Debt Current | $20,000,000 (-47.37%) | $38,000,000 (100.00%) | $19,000,000 (-95.21%) | $397,000,000 (31.46%) |
Debt Non-Current | $1,448,000,000 (1.97%) | $1,420,000,000 (4.11%) | $1,364,000,000 (-20.05%) | $1,706,000,000 (1.13%) |
Total Liabilities | $2,777,000,000 (-2.29%) | $2,842,000,000 (-5.05%) | $2,993,000,000 (-22.46%) | $3,860,000,000 (0.49%) |
Liabilities Current | $490,000,000 (7.46%) | $456,000,000 (-17.54%) | $553,000,000 (-40.79%) | $934,000,000 (14.88%) |
Liabilities Non-Current | $2,287,000,000 (-4.15%) | $2,386,000,000 (-2.21%) | $2,440,000,000 (-16.61%) | $2,926,000,000 (-3.37%) |
ASH Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $2,113,000,000 (-3.56%) | $2,191,000,000 (-8.36%) | $2,391,000,000 (13.26%) | $2,111,000,000 (4.71%) |
Cost of Revenue | $1,495,000,000 (-1.84%) | $1,523,000,000 (-2.43%) | $1,561,000,000 (8.33%) | $1,441,000,000 (1.69%) |
Selling General & Administrative Expense | $404,000,000 (10.68%) | $365,000,000 (-7.12%) | $393,000,000 (9.78%) | $358,000,000 (-10.50%) |
Research & Development Expense | $55,000,000 (7.84%) | $51,000,000 (-7.27%) | $55,000,000 (10.00%) | $50,000,000 (-10.71%) |
Operating Expenses | $650,000,000 (29.22%) | $503,000,000 (0.60%) | $500,000,000 (0.40%) | $498,000,000 (-53.37%) |
Interest Expense | -$24,000,000 (-500.00%) | $6,000,000 (-95.97%) | $149,000,000 (166.07%) | $56,000,000 (-52.94%) |
Income Tax Expense | -$223,000,000 (-2687.50%) | -$8,000,000 (-132.00%) | $25,000,000 (165.79%) | -$38,000,000 (-72.73%) |
Net Loss Income from Discontinued Operations | $30,000,000 (400.00%) | -$10,000,000 (98.66%) | -$746,000,000 (-1487.23%) | -$47,000,000 (0.00%) |
Consolidated Income | $169,000,000 (-5.06%) | $178,000,000 (-80.80%) | $927,000,000 (321.36%) | $220,000,000 (143.31%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $169,000,000 (-5.06%) | $178,000,000 (-80.80%) | $927,000,000 (321.36%) | $220,000,000 (143.31%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $169,000,000 (-5.06%) | $178,000,000 (-80.80%) | $927,000,000 (321.36%) | $220,000,000 (143.31%) |
Weighted Average Shares | $48,831,868 (-4.70%) | $51,241,016 (-5.35%) | $54,139,396 (-10.86%) | $60,733,352 (0.43%) |
Weighted Average Shares Diluted | - | - | - | - |
Earning Before Interest & Taxes (EBIT) | -$78,000,000 (-144.32%) | $176,000,000 (-84.01%) | $1,101,000,000 (362.61%) | $238,000,000 (157.91%) |
Gross Profit | $618,000,000 (-7.49%) | $668,000,000 (-19.52%) | $830,000,000 (23.88%) | $670,000,000 (11.85%) |
Operating Income | -$32,000,000 (-119.39%) | $165,000,000 (-50.00%) | $330,000,000 (91.86%) | $172,000,000 (136.67%) |
ASH Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$51,000,000 (53.21%) | -$109,000,000 (-107.01%) | $1,556,000,000 (508.40%) | -$381,000,000 (-4862.50%) |
Net Cash Flow from Financing | -$479,000,000 (-29.11%) | -$371,000,000 (58.59%) | -$896,000,000 (-110.33%) | -$426,000,000 (-4833.33%) |
Net Cash Flow from Operations | $411,000,000 (69.14%) | $243,000,000 (214.08%) | -$213,000,000 (-138.04%) | $560,000,000 (175.86%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$117,000,000 (48.91%) | -$229,000,000 (-152.52%) | $436,000,000 (278.69%) | -$244,000,000 (-209.91%) |
Net Cash Flow - Business Acquisitions and Disposals | $26,000,000 (0%) | $0 (0%) | $0 (0%) | -$295,000,000 (-3377.78%) |
Net Cash Flow - Investment Acquisitions and Disposals | $79,000,000 (36.21%) | $58,000,000 (65.71%) | $35,000,000 (2.94%) | $34,000,000 (6.25%) |
Capital Expenditure | -$137,000,000 (13.84%) | -$159,000,000 (-156.45%) | -$62,000,000 (38.00%) | -$100,000,000 (21.88%) |
Issuance (Repayment) of Debt Securities | -$16,000,000 (-200.00%) | $16,000,000 (102.59%) | -$617,000,000 (-710.89%) | $101,000,000 (23.17%) |
Issuance (Purchase) of Equity Shares | -$380,000,000 (-26.67%) | -$300,000,000 (-50.00%) | -$200,000,000 (55.56%) | -$450,000,000 (0%) |
Payment of Dividends & Other Cash Distributions | -$78,000,000 (-2.63%) | -$76,000,000 (-8.57%) | -$70,000,000 (0.00%) | -$70,000,000 (-6.06%) |
Effect of Exchange Rate Changes on Cash | $2,000,000 (-75.00%) | $8,000,000 (172.73%) | -$11,000,000 (-466.67%) | $3,000,000 (50.00%) |
Share Based Compensation | $15,000,000 (-37.50%) | $24,000,000 (26.32%) | $19,000,000 (11.76%) | $17,000,000 (13.33%) |
Depreciation Amortization & Accretion | $274,000,000 (12.76%) | $243,000,000 (0.83%) | $241,000,000 (-1.23%) | $244,000,000 (3.83%) |
ASH Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 29.20% (-4.26%) | 30.50% (-12.10%) | 34.70% (9.46%) | 31.70% (6.73%) |
Profit Margin | 8.00% (-1.23%) | 8.10% (-79.12%) | 38.80% (273.08%) | 10.40% (141.27%) |
EBITDA Margin | 9.30% (-51.31%) | 19.10% (-65.95%) | 56.10% (146.05%) | 22.80% (362.07%) |
Return on Average Equity (ROAE) | 5.60% (1.82%) | 5.50% (-81.29%) | 29.40% (308.33%) | 7.20% (144.72%) |
Return on Average Assets (ROAA) | 2.90% (0.00%) | 2.90% (-79.72%) | 14.30% (333.33%) | 3.30% (145.83%) |
Return on Sales (ROS) | -3.70% (-146.25%) | 8.00% (-82.61%) | 46.00% (307.08%) | 11.30% (155.39%) |
Return on Invested Capital (ROIC) | -1.80% (-145.00%) | 4.00% (-84.13%) | 25.20% (414.29%) | 4.90% (160.49%) |
Dividend Yield | 1.80% (0.00%) | 1.80% (38.46%) | 1.30% (0.00%) | 1.30% (-18.75%) |
Price to Earnings Ratio (P/E) | 25.58 (5.22%) | 24.31 (327.77%) | 5.68 (-76.85%) | 24.55 (390.44%) |
Price to Sales Ratio (P/S) | 2.01 (5.24%) | 1.91 (-11.16%) | 2.15 (-16.15%) | 2.56 (20.55%) |
Price to Book Ratio (P/B) | 1.48 (9.62%) | 1.35 (-15.40%) | 1.6 (-18.81%) | 1.97 (39.21%) |
Debt to Equity Ratio (D/E) | 0.97 (5.45%) | 0.92 (-1.29%) | 0.93 (-33.71%) | 1.4 (10.91%) |
Earnings Per Share (EPS) | 3.4 (1.19%) | 3.36 (-79.89%) | 16.71 (360.33%) | 3.63 (143.27%) |
Sales Per Share (SPS) | 43.27 (1.20%) | 42.76 (-3.18%) | 44.16 (27.06%) | 34.76 (4.26%) |
Free Cash Flow Per Share (FCFPS) | 5.61 (242.34%) | 1.64 (132.27%) | -5.08 (-167.06%) | 7.57 (510.81%) |
Book Value Per Share (BVPS) | 58.73 (-2.83%) | 60.44 (1.62%) | 59.48 (31.26%) | 45.31 (-9.75%) |
Tangible Assets Book Value Per Share (TABVPS) | 71.94 (-0.13%) | 72.03 (-0.97%) | 72.74 (8.20%) | 67.23 (-10.87%) |
Enterprise Value Over EBIT (EV/EBIT) | -68 (-326.67%) | 30 (500.00%) | 5 (-82.76%) | 29 (293.33%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 27.01 (113.75%) | 12.64 (185.82%) | 4.42 (-69.43%) | 14.46 (142.32%) |
Asset Turnover | 0.36 (1.39%) | 0.36 (-2.45%) | 0.37 (16.83%) | 0.32 (10.14%) |
Current Ratio | 2.44 (-26.16%) | 3.3 (3.32%) | 3.2 (73.94%) | 1.84 (-3.42%) |
Dividends | $1.58 (10.07%) | $1.44 (13.39%) | $1.27 (10.43%) | $1.15 (4.55%) |
Free Cash Flow (FCF) | $274,000,000 (226.19%) | $84,000,000 (130.55%) | -$275,000,000 (-159.78%) | $460,000,000 (513.33%) |
Enterprise Value (EV) | $5,293,907,560 (-0.01%) | $5,294,366,187 (-10.76%) | $5,932,618,438 (-14.90%) | $6,971,556,330 (15.91%) |
Earnings Before Tax (EBT) | -$54,000,000 (-131.76%) | $170,000,000 (-82.14%) | $952,000,000 (423.08%) | $182,000,000 (134.34%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $196,000,000 (-53.22%) | $419,000,000 (-68.78%) | $1,342,000,000 (178.42%) | $482,000,000 (373.86%) |
Invested Capital | $4,191,000,000 (-1.99%) | $4,276,000,000 (3.74%) | $4,122,000,000 (-18.25%) | $5,042,000,000 (-4.56%) |
Working Capital | $705,000,000 (-32.86%) | $1,050,000,000 (-13.58%) | $1,215,000,000 (55.17%) | $783,000,000 (6.68%) |
Tangible Asset Value | $3,513,000,000 (-4.82%) | $3,691,000,000 (-6.27%) | $3,938,000,000 (-3.55%) | $4,083,000,000 (-10.48%) |
Market Capitalization | $4,246,907,560 (1.47%) | $4,185,366,187 (-18.60%) | $5,141,618,438 (-5.01%) | $5,412,556,330 (26.21%) |
Average Equity | $3,005,500,000 (-6.31%) | $3,207,750,000 (1.59%) | $3,157,500,000 (3.61%) | $3,047,500,000 (-3.69%) |
Average Assets | $5,801,500,000 (-4.93%) | $6,102,500,000 (-5.95%) | $6,488,500,000 (-3.10%) | $6,696,000,000 (-4.88%) |
Invested Capital Average | $4,223,750,000 (-3.40%) | $4,372,500,000 (-0.06%) | $4,375,250,000 (-9.76%) | $4,848,250,000 (-4.55%) |
Shares | 48,831,868 (-4.70%) | 51,241,016 (-5.35%) | 54,139,396 (-10.86%) | 60,733,352 (0.43%) |
