---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-050629"
form_type: "8-K"
ticker: "ASH"
cik: "0001674862"
company_name: "ASHLAND INC."
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T04:31:13.494342+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ashland Q2 sales $575M, adjusted EBITDA $126M beats outlook; volumes improve first time since June 2022

## Summary
- Sales $575M, down 5% YoY; net income $120M ($2.39 diluted), up from $91M.
- Adjusted EBITDA $126M, down 13% from $145M but above prior outlook range.
- Adjusted EPS ex-intangibles $1.27 vs $1.43; diluted shares down to 51M vs 55M.
- Ongoing free cash flow $4M vs $37M; cash from ops $54M.
- Personal Care and Specialty Additives volumes improving; $900M remaining under buyback authorization.

## SEC filing metadata
- accession: 0000950170-24-050629
- form_type: 8-K
- ticker: ASH
- cik: 0001674862
- company_name: ASHLAND INC.
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1674862/000095017024050629/0000950170-24-050629-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1674862/000095017024050629/ash-20240430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-050629
- JSON: https://secwatch.observer/filing/0000950170-24-050629.json
- Plain text: https://secwatch.observer/filing/0000950170-24-050629.txt

## Key facts
- Earnings Releases
  ASHLAND INC. updated its second quarter of fiscal year 2024 guidance (reaffirmed).
  - Period: second quarter of fiscal year 2024
  - Guidance: reaffirmed
  - Result: preliminary results
  source text: On April 30, 2024, Ashland Inc. (“Ashland”) announced preliminary second quarter results, which are discussed in more detail in the news release (the “News Release”) attached to this Current Report on Form 8-K (“Form 8-K”) as Exhibit 99.1, which is incorporated herein by reference into this Item 2.02.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1674862/000095017024050629/0000950170-24-050629-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.