Growth Metrics

Ashland (ASH) Debt Ratio (2015 - 2026)

Ashland recorded quarterly Debt Ratio of 0.31 in Q1 2026, little changed quarter-over-quarter from 0.31 in Q4 2025, and up 15.31% year-over-year from 0.26 in Q1 2025.

Ashland's Debt Ratio history runs 12 years deep, the most recent figure standing at 0.31 for Q1 2026.

  • In Q1 2026, Debt Ratio rose 15.31% year-over-year to 0.31; the TTM figure through Mar 2026 stood at 0.31 (up 15.31% YoY), while the FY2025 annual figure 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.
  • A 5-year average of 0.24 and a median of 0.23 in 2023 frame the typical range for Debt Ratio.
  • Across the five-year window, Debt Ratio fell 29.6% in 2022 and gained 29.72% in 2025, its largest moves.
  • Ashland's Debt Ratio stood at 0.21 in 2022, then increased by 8.73% to 0.23 in 2023, then climbed by 9.8% to 0.25 in 2024, then rose by 22.28% to 0.31 in 2025, then declined by 0.5% to 0.31 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.31, 0.31, and 0.3 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Linde 230.79 Bn 226.84 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 72.51 Bn 72.30 Bn 2.78 Bn 0.35
4 Ecolab 70.96 Bn 70.34 Bn 1.85 Bn 0.33
5 Air Products & Chemicals 62.15 Bn 63.70 Bn 987.40 Mn 0.42
6 Ppg Industries 25.04 Bn 23.57 Bn 1.66 Bn 0.32
7 LyondellBasell Industries 21.62 Bn 21.73 Bn 701.00 Mn 0.37
8 Albemarle 20.26 Bn 19.42 Bn 500.97 Mn 0.12
9 DuPont de Nemours 19.45 Bn 19.56 Bn 602.00 Mn 0.15
10 Ashland 2,658.80 -343.00 Mn 147.00 Mn 0.31

Historic Data

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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
Mar 31, 2021 0.25
Dec 31, 2020 0.25
Sep 30, 2020 0.23
Jun 30, 2020 0.29
Mar 31, 2020 0.29
Dec 31, 2019 0.23
Sep 30, 2019 0.23
Jun 30, 2019 0.33
Mar 31, 2019 0.32
Dec 31, 2018 0.32
Sep 30, 2018 0.31
Jun 30, 2018 0.31
Mar 31, 2018 0.31
Dec 31, 2017 0.34
Sep 30, 2017 0.33
Jun 30, 2017 0.33
Mar 31, 2017 0.32
Dec 31, 2016 0.31
Sep 30, 2016 0.25
Sep 30, 2015 0.34