Earnings Summary

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.

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.

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.

Ashland Inc.’s price-to-earnings ratio after this Q1 2024 earnings stands at 26.4.

Ashland Inc.’s earning per share (EPS) estimates for the current quarter stand at 1.45 - a 27.19% jump from last quarter’s estimates.

Ashland Inc.’s earning per share (EPS) estimates for the current year stand at 1.45.

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) 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.

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.

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