The table below shows ASHLAND INC.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$1.82B
$2.11B
$2.19B
$2.39B
$2.11B
$2.02B
Cost of revenue
$1.27B
$1.50B
$1.52B
$1.56B
$1.44B
$1.42B
Gross profit
$549.00M
$618.00M
$668.00M
$830.00M
$670.00M
$599.00M
R&D
$54.00M
$55.00M
$51.00M
$55.00M
$50.00M
$56.00M
ASH annual revenue (10-K history)
ASHLAND INC. reported annual revenue of $1.82B for fiscal year 2025. That is down 13.7% from $2.11B in fiscal 2024. Over the 10 fiscal years shown, annual revenue declined from $3.02B (FY 2016) to $1.82B. Figures come from the company's audited annual reports as filed with the SEC.