Flagship explainer

How ASHLAND INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$1.8B · 100%Cost of revenue$1.3B · 70%Gross profit$549M · 30%Operating income−$775M · −42%Income before tax−$809M · −44%Income tax$13M · 1%Net income−$845M · −46%As of 2025-09-30 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$1.8B100%
Cost of revenue$1.3B70%
$549M30%
−$775M−42%
Income before tax−$809M−44%
Income tax$13M1%
−$845M−46%
Source: · event Sep 30, 2025 · retrieved Jul 26, 2026 · annual-row source set
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