Ashland (ASH) Debt to Equity (2015 - 2026)
Ashland's (ASH) quarterly Debt to Equity came in at $0.74 in Q1 2026, up 35.95% year-on-year from $0.54 in Q1 2025, and down 99.52% quarter-over-quarter from $154.11 in Q4 2025.
Ashland (ASH) Debt to Equity (2015 - 2026) Analysis & Trends
Ashland has disclosed Debt to Equity across 12 years of filings, most recently posting $0.74 for Q1 2026.
- Debt to Equity for Q1 2026 came in at $0.74, up 35.95% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.74 (up 35.95% YoY), and the FY2025 annual result was $0.73, down 99.95% from the prior year.
- Debt to Equity came in at $0.74 for Q1 2026 at Ashland, down from $154.11 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $1349.0 in Q3 2024 to a low of -$2.98 in Q4 2023.
- The 5-year median for Debt to Equity is $0.43 (2023), against an average of $101.64.
- Across the five-year window, Debt to Equity plunged 851.34% in 2023 and surged 314024.29% in 2024, its largest moves.
- Ashland's Debt to Equity stood at $0.4 in 2022, then tumbled by 851.34% to -$2.98 in 2023, then surged by 114.07% to $0.42 in 2024, then jumped by 36649.57% to $154.11 in 2025, then tumbled by 99.52% to $0.74 in 2026.
- The last three Debt to Equity figures came in at $0.74 (Q1 2026), $154.11 (Q4 2025), and $0.73 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.64 Bn | 233.69 Bn | 4.26 Bn | 0.62 |
| 2 | Chemical & Mining Co Of Chile | 127.66 Bn | 124.93 Bn | 778.60 Mn | 0.58 |
| 3 | Sherwin Williams | 78.87 Bn | 78.66 Bn | 2.78 Bn | 2.10 |
| 4 | Ecolab | 76.59 Bn | 75.97 Bn | 1.85 Bn | 0.84 |
| 5 | Air Products & Chemicals | 62.39 Bn | 63.94 Bn | 987.40 Mn | 1.11 |
| 6 | Ppg Industries | 26.44 Bn | 24.97 Bn | 1.66 Bn | 0.87 |
| 7 | International Flavors & Fragrances | 19.67 Bn | 19.14 Bn | 1.02 Bn | 0.41 |
| 8 | DuPont de Nemours | 19.57 Bn | 19.68 Bn | 602.00 Mn | 0.22 |
| 9 | LyondellBasell Industries | 19.28 Bn | 19.39 Bn | 701.00 Mn | 1.26 |
| 10 | Ashland | 3,118.57 | -343.00 Mn | 147.00 Mn | 0.74 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.74 |
| Dec 31, 2025 | 154.11 |
| Sep 30, 2025 | 0.73 |
| Jun 30, 2025 | 0.73 |
| Mar 31, 2025 | 0.54 |
| Dec 31, 2024 | 0.42 |
| Sep 30, 2024 | 1,349.00 |
| Jun 30, 2024 | 0.45 |
| Mar 31, 2024 | 221.33 |
| Dec 31, 2023 | -2.98 |
| Sep 30, 2023 | 0.43 |
| Jun 30, 2023 | 0.42 |
| Mar 31, 2023 | 0.41 |
| Dec 31, 2022 | 0.40 |
| Sep 30, 2022 | 0.39 |
| Jun 30, 2022 | 0.40 |
| Mar 31, 2022 | 0.40 |
| Dec 31, 2021 | 0.71 |
| Sep 30, 2021 | 0.58 |
| Jun 30, 2021 | 0.49 |