Ashland Inc. (ASH)

Ashland Ratios and Metrics

Market cap in millions USD. Fiscal year is October - September.

Total Valuation

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Nov 5, 2026	Sep 30, 2026	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022
Market Capitalization	3,495	3,110	2,190	4,247	4,185	5,142
Market Cap Growth	58.54%	42.04%	-48.44%	1.47%	-18.60%	-5.01%
Enterprise Value	4,487	4,146	3,468	5,294	5,294	5,933
Last Close Price	76.44	67.92	46.61	82.32	75.96	86.99

Price Ratios

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Nov 5, 2026	Sep 30, 2026	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022
PE Ratio	877.69	777.57	-	25.13	23.51	5.55
Forward PE	17.27	16.57	11.06	16.40	16.03	16.41
PS Ratio	1.87	1.67	1.20	2.01	1.91	2.15
PB Ratio	1.90	1.68	1.15	1.48	1.35	1.60
P/TBV Ratio	5.35	4.77	3.47	5.82	4.97	5.48
P/FCF Ratio	13.90	12.39	-	15.50	57.33	-
P/OCF Ratio	10.29	9.18	23.30	10.33	17.22	-
PEG Ratio	1.49	1.42	10.42	1.29	2.24	1.14

EV Ratios

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Nov 5, 2026	Sep 30, 2026	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022
EV/Sales Ratio	2.41	2.23	1.90	2.51	2.42	2.48
EV/EBITDA Ratio	15.30	14.15	9.53	13.64	12.95	10.77
EV/EBIT Ratio	39.66	36.69	20.64	30.96	31.89	19.14
EV/FCF Ratio	17.85	16.52	-	19.32	72.53	-

Financial Efficiency

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Nov 5, 2026	Sep 30, 2026	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022
Debt / Equity Ratio	0.80	0.80	0.78	0.51	0.47	0.43
Debt / EBITDA Ratio	4.49	4.49	3.68	3.42	3.25	2.34
Debt / FCF Ratio	5.87	5.87	-	5.36	19.97	-
Net Debt / Equity Ratio	0.54	0.54	0.67	0.41	0.34	0.23
Net Debt / EBITDA Ratio	3.39	3.39	3.50	3.01	2.55	1.34
Net Debt / FCF Ratio	3.95	3.95	-318.75	4.26	14.26	-2.26
Asset Turnover	0.41	0.41	0.36	0.37	0.36	0.37
Inventory Turnover	2.40	2.40	2.18	2.44	2.43	2.83
Quick Ratio	1.65	1.65	1.05	1.08	1.62	1.86
Current Ratio	2.96	2.96	2.85	2.44	3.30	3.20
Return on Equity (ROE)	1.33%	1.33%	-34.45%	6.67%	5.32%	6.06%
Return on Assets (ROA)	1.55%	1.55%	2.05%	1.85%	1.71%	3.02%
Return on Invested Capital (ROIC)	1.43%	1.36%	4.66%	4.18%	4.10%	6.33%
Return on Capital Employed (ROCE)	2.80%	2.80%	4.00%	3.30%	3.00%	5.50%

Yields

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Nov 5, 2026	Sep 30, 2026	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022
Earnings Yield	0.11%	0.13%	-38.59%	3.98%	4.25%	18.03%
FCF Yield	7.19%	8.07%	-0.18%	6.45%	1.74%	-6.34%
Dividend Yield	2.20%	-	3.45%	1.75%	1.75%	1.41%
Payout Ratio	1932.01%	1900.00%	-	46.15%	42.70%	7.55%
Buyback Yield / Dilution	-	-	8.00%	7.41%	3.57%	8.20%
Total Shareholder Return	2.20%	-	11.45%	9.16%	5.33%	9.61%

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Nov 3, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 5, 2026

Data Sources Report a data error