ASHLAND INC.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 |
|---|---|---|---|---|
| Revenue | $2.31B | $3.02B | $3.42B | $6.10B |
| Cost of Revenue | $1.58B | $2.13B | $2.53B | $4.61B |
| Gross Profit | $729.0M | $887.0M | $888.0M | $1.52B |
| Gross Margin | 31.6% | 29.4% | 26.0% | 24.9% |
| Operating Expenses | ||||
| Research & Development | $73.0M | $87.0M | $99.0M | $114.0M |
| SG&A Expense | $610.0M | $858.0M | $692.0M | $1.36B |
| Operating Income | $49.0M | $-50.0M | $112.0M | $46.0M |
| Operating Margin | 2.1% | -1.7% | 3.3% | 0.8% |
| Interest Expense | $227.0M | $180.0M | $-166.0M | $-163.0M |
| Pretax Income | $-196.0M | $-308.0M | $-151.0M | $-116.0M |
| Income Tax Expense | $-16.0M | $-25.0M | $-139.0M | $-188.0M |
| Net Income | $1.0M | $-29.0M | $309.0M | $233.0M |
| Net Margin | 0.0% | -1.0% | 9.0% | 3.8% |
| EPS (Basic) | $0.01 | $-0.47 | $4.54 | $3.04 |
| EPS (Diluted) | $0.01 | $-0.47 | $4.54 | $3.00 |
| Shares Outstanding (Basic) | 62.0M | 63.0M | 68.0M | 77.0M |
| Shares Outstanding (Diluted) | 62.0M | 63.0M | 68.0M | 78.0M |
| Dividends Per Share | $1.23 | $1.56 | $1.46 | $1.36 |