Ashland (ASH) Debt Ratio (2015 - 2026)
Ashland's (ASH) Debt Ratio came in at 0.30 for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 0.4% from 0.30 a year earlier but down 1.7% from the prior quarter.
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Analysis
Ashland (ASH) Debt Ratio (2015 - 2026) Analysis & Trends
Since fiscal Q4 2015, Ashland has reported Debt Ratio for 41 quarters.
- Annual Debt Ratio has increased for three consecutive fiscal years.
- In prior fiscal years, Ashland's Debt Ratio was 0.24 in FY2024 (+6.7%), 0.22 in FY2023 (+9.6%), 0.20 in FY2022 (-31.4%) and 0.30 in FY2021 (+10.6%).
- Quarterly Debt Ratio has run from a low of 0.20 in fiscal Q2 2022 to a high of 0.31 in fiscal Q1 2026 over five years.
- On a year-over-year basis, Debt Ratio has increased in each of the last 14 quarters, with growth averaging 16.0% over the last eight quarters.
- The strongest year-over-year quarter for Debt Ratio in the past five years was fiscal Q3 2025, with growth of 29.7%; the weakest was fiscal Q4 2022, with a decline of 31.4%.
- According to Business Quant data, Debt Ratio for the three prior fiscal quarters was 0.31 (Q2 2026), 0.31 (Q1 2026) and 0.30 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 218.80 Bn | 201.92 Bn | 4.43 Bn | 0.32 |
| 2 | Corning | 132.43 Bn | 125.56 Bn | 1.63 Bn | 0.26 |
| 3 | Sherwin Williams | 78.49 Bn | 77.53 Bn | 3.34 Bn | 0.45 |
| 4 | Air Products & Chemicals | 61.97 Bn | 59.87 Bn | 1.04 Bn | 0.43 |
| 5 | Corteva | 51.82 Bn | 40.62 Bn | 3.66 Bn | 0.12 |
| 6 | LyondellBasell Industries | 37.12 Bn | 26.74 Bn | 2.04 Bn | 0.37 |
| 7 | Nutrien | 33.86 Bn | 30.73 Bn | 3.25 Bn | 0.21 |
| 8 | Qnity Electronics | 26.31 Bn | 23.73 Bn | 666.00 Mn | 0.28 |
| 9 | Ati | 25.78 Bn | 23.93 Bn | 309.80 Mn | 0.38 |
| 10 | Ashland | 3.11 Bn | 1.81 Bn | 170.00 Mn | 0.30 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.30 |
| 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 | 0.30 |
API Access
Ashland Debt 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=debt-ratio&ticker=ASH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-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=debt-ratio&ticker=ASH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();