Ashland (ASH) Debt Ratio (2015 - 2026)

Ashland's (ASH) quarterly Debt Ratio came in at 0.31 in Q1 2026, up 15.31% year-on-year from 0.26 in Q1 2025, and little changed quarter-over-quarter from 0.31 in Q4 2025.

Ashland (ASH) Debt Ratio (2015 - 2026) Analysis & Trends

Ashland has disclosed Debt Ratio across 12 years of filings, most recently posting 0.31 for Q1 2026.

  • Debt Ratio for Q1 2026 came in at 0.31, up 15.31% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.31 (up 15.31% YoY), and the FY2025 annual result was 0.3, up 25.6% from the prior year.
  • Debt Ratio came in at 0.31 for Q1 2026 at Ashland, roughly flat from 0.31 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.31 in Q4 2025 to a low of 0.2 in Q1 2022.
  • The 5-year median for Debt Ratio is 0.23 (2023), against an average of 0.24.
  • Across the five-year window, Debt Ratio declined 29.6% in 2022 and rose 29.72% in 2025, its largest moves.
  • Ashland's Debt Ratio stood at 0.21 in 2022, then grew by 8.73% to 0.23 in 2023, then advanced by 9.8% to 0.25 in 2024, then increased by 22.28% to 0.31 in 2025, then dropped by 0.5% to 0.31 in 2026.
  • The last three Debt Ratio figures came in at 0.31 (Q1 2026), 0.31 (Q4 2025), and 0.3 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Linde 237.64 Bn 233.69 Bn 4.26 Bn 0.29
2 Chemical & Mining Co Of Chile 127.66 Bn 124.93 Bn 778.60 Mn 0.30
3 Sherwin Williams 78.87 Bn 78.66 Bn 2.78 Bn 0.35
4 Ecolab 76.59 Bn 75.97 Bn 1.85 Bn 0.33
5 Air Products & Chemicals 62.39 Bn 63.94 Bn 987.40 Mn 0.42
6 Ppg Industries 26.44 Bn 24.97 Bn 1.66 Bn 0.32
7 International Flavors & Fragrances 19.67 Bn 19.14 Bn 1.02 Bn 0.23
8 DuPont de Nemours 19.57 Bn 19.68 Bn 602.00 Mn 0.15
9 LyondellBasell Industries 19.28 Bn 19.39 Bn 701.00 Mn 0.37
10 Ashland 3,118.57 -343.00 Mn 147.00 Mn 0.31

Historic Data

Download Data
DateValue
Mar 31, 2026 0.31
Dec 31, 2025 0.31
Sep 30, 2025 0.30
Jun 30, 2025 0.30
Mar 31, 2025 0.26
Dec 31, 2024 0.25
Sep 30, 2024 0.24
Jun 30, 2024 0.23
Mar 31, 2024 0.22
Dec 31, 2023 0.23
Sep 30, 2023 0.22
Jun 30, 2023 0.22
Mar 31, 2023 0.21
Dec 31, 2022 0.21
Sep 30, 2022 0.20
Jun 30, 2022 0.20
Mar 31, 2022 0.20
Dec 31, 2021 0.30
Sep 30, 2021 0.24
Jun 30, 2021 0.23