Ashland (ASH) Reports Q4 2025 Earnings with Revenue Decline and Improved Margins
Ashland (ASH) reported Q4 2025 earnings with revenue of $478 million, down 8% year-over-year, primarily due to portfolio optimization. Adjusted EBITDA fell 4% to $119 million, but margins improved to 24.9%, the highest of the year. The company also noted strong liquidity and a reduction in net leverage.

Topics: earnings EBITDA financial performance portfolio optimization revenue