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Ashland (ASH) Cash Flow Waterfall

Trace Ashland's cash from operations down to free cash flow, then see where FCF goes — capex, buybacks, dividends, and debt repayment.

Operating CF

$405.00M

Capex

−$71.00M

Free Cash Flow

$334.00M

FCF Margin

+82.5%

Cash flow waterfall for Ashland (ASH) — TTM through Q1 2026

Free cash flow: $334.00M

Cash flow breakdown for Ashland (ASH) — TTM through Q1 2026

  • Operating Cash Flow$405.00M
  • Capital Expenditure−$71.00M
  • Free Cash Flow$334.00M
  • Other Investing$11.00M
  • Dividends Paid−$76.00M
  • Net Debt Change−$100.00M
  • Other Financing−$4.00M
  • Forex Effect$41.00M
  • Net Cash Increase$206.00M
Want to see what drove the FCF change?Free Cash Flow Bridge

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