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ASH

Ashland Inc.

$96.66

Earnings Summary

Revenue
$575Mn
Net Profits
$120Mn
Net Profit Margins
20.87%
PE Ratio
26.96

Highlights

Revenue:

Ashland Inc.’s revenue fell -4.64% since last year same period to $575Mn in the Q1 2024. On a quarterly growth basis, Ashland Inc. has generated -32.19% fall in its revenue since last 3-months.

Net Profits:

Ashland Inc.’s net profit jumped 31.87% since last year same period to $120Mn in the Q1 2024. On a quarterly growth basis, Ashland Inc. has generated 361.54% jump in its net profits since last 3-months.

Net Profit Margins:

Ashland Inc.’s net profit margin jumped 38.29% since last year same period to 20.87% in the Q1 2024. On a quarterly growth basis, Ashland Inc. has generated 580.67% jump in its net profit margins since last 3-months.

PE Ratio:

Ashland Inc.’s price-to-earnings ratio after this Q1 2024 earnings stands at 26.96.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Ashland Inc. post its latest quarter earnings

EPS Estimate Current Quarter
1.43
EPS Estimate Current Year
1.43

Highlights

EPS Estimate Current Quarter:

Ashland Inc.’s earning per share (EPS) estimates for the current quarter stand at 1.43 - a 25.44% jump from last quarter’s estimates.

EPS Estimate Current Year:

Ashland Inc.’s earning per share (EPS) estimates for the current year stand at 1.43.

Key Ratios

Key ratios of the Ashland Inc. post its Q1 2024 earnings

Earning Per Share (EPS)
1.27
Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.06
Dividend Per Share (DPS)
0.39

Highlights

Earning Per Share (EPS):

Ashland Inc.’s earning per share (EPS) fell -11.19% since last year same period to 1.27 in the Q1 2024. This indicates that the Ashland Inc. has generated -11.19% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Ashland Inc.’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Ashland Inc.’s return on equity (ROE) stands at 0.06.

Dividend Per Share (DPS):

Ashland Inc. declared 0.39 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-01
1.14
1.27
11.4%