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Ashland Inc   (ASH)
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Price: $95.3900 $-1.40 -1.446%
Day's High: $96.68 Week Perf: -0.42 %
Day's Low: $ 96.48 30 Day Perf: 2.87 %
Volume (M): 2 52 Wk High: $ 105.15
Volume (M$): $ 184 52 Wk Avg: $87.13
Open: $95.27 52 Wk Low: $70.82



 Market Capitalization (Millions $) 5,130
 Shares Outstanding (Millions) 54
 Employees 11,000
 Revenues (TTM) (Millions $) 2,191
 Net Income (TTM) (Millions $) 178
 Cash Flow (TTM) (Millions $) -415
 Capital Exp. (TTM) (Millions $) 170

Ashland Inc
Ashlands'businesses are grouped into four industry'segments:'Performance Materials, Consumer Markets,' Water Technologies,'Specialty Ingredients.

APAC'performs'asphalt'and'concrete'contract'construction'work, including'highway paving and repair,'excavation'and grading,'and bridge construction,'and produces asphaltic and ready-mix concrete, crushed stone and other aggregate in the southern and midwestern United States.

Ashland'Distribution'distributes'industrial chemicals and solvents, plastics,' composite'materials and fine'ingredients'in North America and plastics'in'Europe.' Ashland'Distribution'also'provides'environmental services. Ashland Specialty Chemical is focused on two primary chemistries: thermoset'and water.'It'manufactures' and'supplies'specialty'chemical products and services to industries including the automotive,'building and construction,'foundry,'marine,'paint, paper, ink, flexible packaging and water treatment industries.

Valvoline is a producer and marketer of premium packaged motor oil and automotive chemicals, including appearance products,'antifreeze,'filters, rust'preventives' and coolants.'In addition,'Valvoline is engaged in the "fast oil change"' business'through outlets'operating under the Valvoline Instant Oil Change(R) name.

Marathon Ashland Petroleum LLC ("MAP"),'a joint venture with Marathon Oil'Company,'operates'seven'refineries'with a total crude oil refining capacity' of 935,000'barrels per day.'Refined'products'are'distributed through a network of independent and company-owned'outlets in the Midwest, the upper Great Plains and the'southeastern'United'States.'Marathon Oil Company'holds a 62% interest in MAP,'and Ashland'holds a 38% interest in MAP. Ashland accounts for its investment in MAP using the equity method.


MARKETING

MAPs principal'marketing areas for gasoline and distillates'include the Midwest,' the upper Great Plains and the'southeastern'United'States.
Gasoline'and'distillates'are'sold'in 21'states.'Gasoline'is sold at wholesale primarily to independent'marketers,'jobbers and chain retailers who resell these products through several thousand retail outlets. MAP also supplies'approximately 3,850 jobber-dealer,'open-dealer and lessee-dealer locations using the Marathon(R) and Ashland(R) brand names.

Gasoline,'distillates'and'aviation'products'are'also'sold'to utilities,'railroads, river towing companies,'commercial fleet operators, airlines and governmental agencies. About one-half of MAPs propane is sold into the home heating'markets and the balance is'purchased by'industrial consumers.'Propylene and'petrochemicals' are marketed to customers in the chemical'industry.'Base'lube'oils,'slack'wax' and'extract'are'sold throughout'the'United'States.'Pitch'is'also'sold'domestically,' but approximately'12% of pitch'products are exported into growing'markets in Canada, Mexico, India, and South America.


MAP'markets'asphalt'through'owned'and'leased'terminals'located throughout'the Midwest'and'Southeast.'The MAP'customer'base'includes approximately 900 asphalt paving contractors,'government entities (states, counties, cities and townships) and asphalt roofing shingle manufacturers.

Retail'sales of'gasoline'and'diesel'fuel are made'through'MAPs wholly-owned subsidiary, Speedway SuperAmerica LLC ("SSA").'SSA had 1,791 retail' outlets in 9 states in the Midwest'which sell petroleum'products and convenience store merchandise'primarily under the brand names Speedway(R) and SuperAmerica(R).' The retail locations sell a variety of food, merchandise,'cigarettes,'candy and beverages.'Several locations also have on-premises brand-name restaurants.


Pilot'Travel'Centers LLC'("PTC") is the largest'operator of travel centers in the United States with approximately 260 locations in 34 states. The travel'centers'offer'diesel'fuel,'gasoline'and a variety of other services associated with such locations,'including on-premises'brand-name restaurants.' In February'2003,'PTC'purchased 60 retail'travel'centers located in 15 states,' primarily in the Midwest,'Southeast and'Southwest. Pilot and MAP each own a 50% interest in PTC.

MAPs'retail'marketing'strategy'is'focused'on'SSAs'Midwest operations, additional growth in the Marathon(R) brand and continued growth for PTC.

COMPETITION

In all its operations,'Ashland is subject to intense competition both from' companies in the industries in which it operates and from products of companies in other industries.

The majority of the'business'for which APAC'competes is obtained by competitive' bidding.'There are a substantial number of competitors in the markets in which APAC'operates'and, as a result,'all of APACs goods and services are marketed under highly'competitive'conditions.'Factors which influence APACs'competitiveness' are price,'reputation for quality,'the availability of aggregate materials,' the geographic location of plants and aggregate'materials,'machinery and'equipment,' knowledge of local market conditions and estimating abilities.

Each of Ashland Distributions lines of business (chemicals, plastics, ingredients,' composites,'and'environmental'services),'competes'with national,'regional'and local'companies'throughout'North'America.'The plastics distribution business also competes in Europe.'Competition within each'line of'business'is based'primarily' on price and'reliability'of supply.

Ashland Specialty'Chemicals'businesses compete globally in selected niche markets,'largely on the basis of technology and service.'The number of competitors in the specialty'chemical'business'varies from product to product,'and it is not practical to identify such'competitors'because of the broad range of products and markets served by those products.'However, many'of'Ashland'Specialty'Chemicals' businesses'hold'proprietary technology, and Ashland believes it has a leading or strong market position in most of its specialty'chemical products.'Ashland Specialty'Chemicals petrochemicals business is largely a commodities business, with pricing and quality being the most important factors.

Valvoline'competes'in the'highly'competitive'lubricants'business principally through premium products and services, distribution capability, a focused "master" brand strategy, advertising and sales promotion. Some of the major'brands of motor'oils and'lubricants'Valvoline'competes'with internationally'are'Havoline(R),' Castrol(R),'Pennzoil(R)'and'Quaker State(R).'The highly'competitive'consumer' products car care business is primarily composed of maintenance'chemicals,'appearance products and tire cleaners.'Valvoline'competes'primarily in this market'through' specific product performance benefits,'distribution'capability and advertising and sales'promotion.'In the highly'competitive'"fast oil change"'business, Valvoline'competes'with other leading'independent'fast lube chains on a national,' regional'or local'basis,'as well as'automobile'dealers'and service stations.' Important competitive factors for Valvoline in the "fast oil change" market include Valvolines brand recognition; increasing market presence'through' VIOC and'Valvoline'Express'Care'outlets;'as well as quality of service, speed, location, convenience and sales promotion.

MAP competes with a large number of companies to acquire crude oil for refinery' processing and in the'distribution and marketing of a full array of'petroleum' products.



   Company Address: 8145 Blazer Drive Wilmington 19808 DE
   Company Phone Number: 995-3000   Stock Exchange / Ticker: NYSE ASH
   


Customers Net Income fell by ASH's Customers Net Profit Margin grew to

-7.75 %

13.55 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
CE        1.66% 
ECL        2.04% 
LYB   -0.68%    
OLN        2.79% 
PPG   -1.59%    
WLK        3.52% 
• View Complete Report
   



Dividend

Ashland Inc. Declares Quarterly Dividend, Demonstrating Strong Commitment to Shareholders

Published Mon, Jan 22 2024 10:01 PM UTC



Ashland Inc., a leading global chemicals company, has recently announced the declaration of a quarterly cash dividend of $0.385 cents per share on its common stock. This decision reinforces the company's dedication to its shareholders and highlights its robust financial performance. With the highest 12 Months dividend payout ratio in the Basic Materials sector and ...

Ashland Inc

Ashland Inc Struggles Amidst Challenging Business Climate, Witnessing an Alarming 18.067% Drop in Revenue during Q4, 2023



Ashland Inc., a chemical manufacturing company, has recently released its financial results for the July to September 30, 2023 time-frame, and the numbers paint a gloomy picture for the company. With a significant slide in revenues, declining earnings per share (EPS), and growing inventory levels, Ashland Inc. seems to be facing numerous challenges. This article will examine these factors in detail, raising concerns about the company's future prospects.
Revenue Downturn
In the reported quarter, Ashland Inc. witnessed a substantial decline in revenue. Compared to the same quarter the previous year, revenue shrunk by a staggering 18.067%, amounting to $517.00 million, down from $631.00 million. Additionally, the revenue sequentially decreased by 5.311% from $546.00 million. This considerable drop in revenue can be attributed to a range of factors such as declining demand, intensified competition, and market saturation, which could pose significant challenges for the company going forward.

Dividend

Ashland Inc.'s Dividend Commitment Pays off: Boosts Payout Ratio and Ranks High Among Competitors

Published Mon, Nov 13 2023 10:00 PM UTC


Introduction
In a recent press release, Ashland Inc., a leading chemical company, announced that its board of directors has authorized a quarterly cash dividend of $0.385 cents per share on the company's common stock. This move highlights Ashland's commitment to rewarding its shareholders and reflects the company's solid financial performance. Additionally, the pres...

Ashland Inc

Ashland Inc Battles Challenges to Achieve Q3 2023 Fiscal Growth with a Profit Jump of 44.62%

Ashland Inc, a chemical manufacturing company, experienced a decline in its fiscal third-quarter profits and revenue, indicating a bearish trend in its financial performance. The company's profit per share jumped by 44.62% to $0.94 per share compared to $0.65 per share in the previous year, but it plummeted by -43.71% from $1.67 per share in the previous reporting season. This significant drop in profit is concerning and suggests potential issues with the company's operations.
Furthermore, the company's revenue declined significantly by -15.217% to $546.00 million from $644.00 million in the same reporting season a year ago. Additionally, revenue deteriorated by -9.453% sequentially from $603.00 million. This decline in revenue is indicative of a decline in demand for the company's products and services, which could further impact its profitability in the future.

Ashland Inc

Ashland Inc's Q2 2023 Revenue Sees Minimal Decline in the Basic Materials Sector

performance in the Basic Materials sector.
Ashland Inc, a Fortune 1000 company and specialty chemical producer, has been a significant player in the Basic Materials sector for decades. The company offers a range of solutions for industries such as pharmaceutical, chemical, and transportation. However, in the second quarter of 2023, Ashland Inc achieved a return on average invested assets (ROI) of 4.28%, which is comparatively lower than its average ROI of 7.46%.






 

Ashland Inc's Segments
 
Performance Materials
 Segment     of total Revenue
Consumer Markets
 Segment     of total Revenue
Specialty Ingredients
 Segment     of total Revenue
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Ashland Inc does not provide revenue guidance.

Earnings Outlook
Ashland Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion
North America
Europe
Asia Pacific
Latin America & other

Ashland Inc's Operating Statistics Decrease / Increase
       
SPECIALTY INGREDIENTS Sales per shipping day (millions $)    SPECIALTY INGREDIENTS Sales per shipping day (millions $) Growth   
SPECIALTY INGREDIENTS Metric tons sold (thousands)   SPECIALTY INGREDIENTS Metric tons sold (thousands) Decline   
PERFORMANCE MATERIALS Sales per shipping day (millions $)    PERFORMANCE MATERIALS Sales per shipping day (millions $) Growth   
PERFORMANCE MATERIALS Metric tons sold (thousands)   PERFORMANCE MATERIALS Metric tons sold (thousands) Decline   
CONSUMER MARKETS Lubricant sales (millions of gallons)    CONSUMER MARKETS Lubricant sales (millions of gallons) Growth   
WATER TECHNOLOGIES Sales per shipping day (millions $)     




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