ASHLAND INC
For the period ended Sep 30, 2024. Filed Nov 18, 2024.
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FY2024 · Filed Nov 18, 2024
ASH$76.81-1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Statements of Consolidated Comprehensive Income (Loss)
Years Ended September 30
| (In millions except per share data) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Sales | $2,113 | $2,191 | $2,391 |
| Cost of sales | 1,495 | 1,523 | 1,561 |
| Gross profit | 618 | 668 | 830 |
| Selling, general and administrative expense | 404 | 365 | 393 |
| Research and development expense | 55 | 51 | 55 |
| Intangibles amortization expense - Note G | 76 | 93 | 94 |
| Equity and other income | 6 | 7 | 3 |
| Income (loss) on acquisitions and divestitures, net - Note B | (115) | 6 | 42 |
| Operating income (loss) | (26) | 172 | 333 |
| Net interest and other expense (income) - Note H | (24) | 6 | 149 |
| Other net periodic benefit loss (income) - Note L | 22 | 6 | (22) |
| Income (loss) from continuing operations before income taxes | (24) | 160 | 206 |
| Income tax expense (benefit) - Note K | (223) | (8) | 25 |
| Income from continuing operations | 199 | 168 | 181 |
| Income (loss) from discontinued operations, net of income taxes - Note C | (30) | 10 | 746 |
| Net income | $169 | $178 | $927 |
| PER SHARE DATA - NOTE A | |||
| Basic earnings per share | |||
| Income from continuing operations | $3.99 | $3.18 | $3.26 |
| Income (loss) from discontinued operations | (0.59) | 0.18 | 13.45 |
| Net income | $3.40 | $3.36 | $16.71 |
| Diluted earnings per share | |||
| Income from continuing operations | $3.95 | $3.13 | $3.20 |
| Income (loss) from discontinued operations | (0.59) | 0.18 | 13.21 |
| Net income | $3.36 | $3.31 | $16.41 |
| COMPREHENSIVE INCOME | |||
| Net income | $169 | $178 | $927 |
| Other comprehensive income (loss), net of tax | |||
| Unrealized translation gain (loss) | 54 | 72 | (197) |
| Unrealized gain (loss) on commodity hedges | 1 | (6) | (1) |
| Pension and postretirement obligation adjustment | — | — | 1 |
| Other comprehensive income (loss) | 55 | 66 | (197) |
| Comprehensive income | $224 | $244 | $730 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.