Ashland (ASH) Asset Utilization Ratio (2016 - 2026)
Ashland's (ASH) Asset Utilization Ratio stood at 0.41 in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 7.0% from 0.38 a year earlier and up 1.2% from the prior quarter.
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Analysis
Ashland (ASH) Asset Utilization Ratio (2016 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Ashland's Asset Utilization Ratio came in at 0.36, down 2.5% from FY2024.
- Across earlier fiscal years, Asset Utilization Ratio came in at 0.36 in FY2024 (+1.2%), 0.36 in FY2023 (-3.3%), 0.37 in FY2022 (+19.1%) and 0.31 in FY2021 (+9.7%).
- The fiscal Q3 2026 figure is the highest quarterly Asset Utilization Ratio in data going back to fiscal Q1 2017.
- On a year-over-year basis, Asset Utilization Ratio has increased for eight consecutive quarters, with growth averaging 5.1% over the last eight quarters.
- Peak year-over-year performance for Asset Utilization Ratio in the last five years was growth of 31.6% in fiscal Q3 2022, against a decline of 7.5% in fiscal Q2 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 0.40 (Q2 2026), 0.40 (Q1 2026) and 0.40 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 239.54 Bn | 223.24 Bn | 4.44 Bn | 0.41 |
| 2 | Corning | 96.61 Bn | 88.91 Bn | 1.81 Bn | 0.53 |
| 3 | Sherwin Williams | 85.84 Bn | 84.86 Bn | 3.28 Bn | 0.92 |
| 4 | Air Products & Chemicals | 69.53 Bn | 72.40 Bn | - | 0.32 |
| 5 | LyondellBasell Industries | 39.13 Bn | 27.31 Bn | 1.50 Bn | 0.92 |
| 6 | Nutrien | 34.78 Bn | 31.35 Bn | 1.86 Bn | 0.53 |
| 7 | Ppg Industries | 27.48 Bn | 20.55 Bn | 1.76 Bn | 0.74 |
| 8 | Qnity Electronics | 25.83 Bn | 22.27 Bn | 743.00 Mn | 0.38 |
| 9 | Ati | 24.82 Bn | 22.90 Bn | 380.20 Mn | 0.89 |
| 10 | Ashland | 3.52 Bn | 3.52 Bn | 179.00 Mn | 0.41 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.41 |
| Jun 30, 2026 | 0.41 |
| Mar 31, 2026 | 0.40 |
| Dec 31, 2025 | 0.40 |
| Sep 30, 2025 | 0.40 |
| Jun 30, 2025 | 0.38 |
| Mar 31, 2025 | 0.37 |
| Dec 31, 2024 | 0.38 |
| Sep 30, 2024 | 0.37 |
| Jun 30, 2024 | 0.36 |
| Mar 31, 2024 | 0.36 |
| Dec 31, 2023 | 0.36 |
| Sep 30, 2023 | 0.37 |
| Jun 30, 2023 | 0.38 |
| Mar 31, 2023 | 0.39 |
| Dec 31, 2022 | 0.39 |
| Sep 30, 2022 | 0.38 |
| Jun 30, 2022 | 0.36 |
| Mar 31, 2022 | 0.34 |
| Dec 31, 2021 | 0.33 |
API Access
Ashland Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=ASH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "ASH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=ASH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();