Ashland (ASH) Cost of Revenue (2015 - 2026)
Ashland (ASH) posted Cost of Revenue of $327 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 1.2% from $331 million a year earlier and down 2.4% from the prior quarter.
Ashland (ASH) Cost of Revenue (2015 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Cost of Revenue at Ashland was $1.26 billion, down 3.4% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at $1.28 billion, down 14.7% from FY2024.
- Annual Cost of Revenue has declined for three consecutive fiscal years, with a five-year compound annual growth rate of -2.1% (FY2020 to FY2025).
- In prior fiscal years, Ashland's Cost of Revenue was $1.5 billion in FY2024 (-1.8%), $1.52 billion in FY2023 (-2.4%), $1.56 billion in FY2022 (+8.3%) and $1.44 billion in FY2021 (+1.7%).
- Quarterly Cost of Revenue has run from a low of $281 million in fiscal Q1 2026 to a high of $422 million in fiscal Q4 2022 over five years.
- On a year-over-year basis, Cost of Revenue increased in 1 of the last eight quarters, with an average decline of 9.1%.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was fiscal Q4 2021, with growth of 63.0%; the weakest was fiscal Q1 2025, with a decline of 21.6%.
- According to Business Quant data, Cost of Revenue for the three prior fiscal quarters was $335 million (Q2 2026), $281 million (Q1 2026) and $318 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 221.03 Bn | 204.14 Bn | 4.43 Bn | 4.86 Bn |
| 2 | Corning | 141.47 Bn | 134.60 Bn | 1.63 Bn | 2.88 Bn |
| 3 | Sherwin Williams | 77.59 Bn | 76.63 Bn | 3.34 Bn | 3.45 Bn |
| 4 | Air Products & Chemicals | 61.84 Bn | 59.74 Bn | 1.04 Bn | 2.13 Bn |
| 5 | LyondellBasell Industries | 37.84 Bn | 27.46 Bn | 2.04 Bn | 7.14 Bn |
| 6 | Nutrien | 33.77 Bn | 30.64 Bn | 3.25 Bn | 7.36 Bn |
| 7 | Qnity Electronics | 27.51 Bn | 24.93 Bn | 666.00 Mn | 763.00 Mn |
| 8 | Ati | 26.21 Bn | 24.36 Bn | 309.80 Mn | 951.30 Mn |
| 9 | Ppg Industries | 23.37 Bn | 16.17 Bn | 1.81 Bn | 2.69 Bn |
| 10 | Ashland | 3.18 Bn | 1.88 Bn | 170.00 Mn | 327.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 327.00 Mn |
| Mar 31, 2026 | 335.00 Mn |
| Dec 31, 2025 | 281.00 Mn |
| Sep 30, 2025 | 318.00 Mn |
| Jun 30, 2025 | 331.00 Mn |
| Mar 31, 2025 | 332.00 Mn |
| Dec 31, 2024 | 294.00 Mn |
| Sep 30, 2024 | 348.00 Mn |
| Jun 30, 2024 | 358.00 Mn |
| Mar 31, 2024 | 414.00 Mn |
| Dec 31, 2023 | 375.00 Mn |
| Sep 30, 2023 | 389.00 Mn |
| Jun 30, 2023 | 368.00 Mn |
| Mar 31, 2023 | 406.00 Mn |
| Dec 31, 2022 | 360.00 Mn |
| Sep 30, 2022 | 422.00 Mn |
| Jun 30, 2022 | 404.00 Mn |
| Mar 31, 2022 | 384.00 Mn |
| Dec 31, 2021 | 351.00 Mn |
| Sep 30, 2021 | 401.00 Mn |
Ashland Cost of Revenue 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=cost-of-revenue&ticker=ASH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "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=cost-of-revenue&ticker=ASH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();