Ashland (ASH) Debt to Equity (2015 - 2026)
Ashland recorded quarterly Debt to Equity of $0.74 in Q1 2026, down 99.52% quarter-over-quarter from $154.11 in Q4 2025, and up 35.95% year-over-year from $0.54 in Q1 2025.
Ashland's Debt to Equity history runs 12 years deep, the most recent figure standing at $0.74 for Q1 2026.
- In Q1 2026, Debt to Equity rose 35.95% year-over-year to $0.74; the TTM figure through Mar 2026 stood at $0.74 (up 35.95% YoY), while the FY2025 annual figure 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.
- A 5-year average of $101.64 and a median of $0.43 in 2023 frame the typical range for Debt to Equity.
- Across the five-year window, Debt to Equity tumbled 851.34% in 2023 and soared 314024.29% in 2024, its largest moves.
- Ashland's Debt to Equity stood at $0.4 in 2022, then slumped by 851.34% to -$2.98 in 2023, then soared by 114.07% to $0.42 in 2024, then surged by 36649.57% to $154.11 in 2025, then slumped by 99.52% to $0.74 in 2026.
- According to Business Quant data, Debt to Equity over the past three periods registered $0.74, $154.11, and $0.73 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 230.79 Bn | 226.84 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 | 72.51 Bn | 72.30 Bn | 2.78 Bn | 2.10 |
| 4 | Ecolab | 70.96 Bn | 70.34 Bn | 1.85 Bn | 0.84 |
| 5 | Air Products & Chemicals | 62.15 Bn | 63.70 Bn | 987.40 Mn | 1.11 |
| 6 | Ppg Industries | 25.04 Bn | 23.57 Bn | 1.66 Bn | 0.87 |
| 7 | LyondellBasell Industries | 21.62 Bn | 21.73 Bn | 701.00 Mn | 1.26 |
| 8 | Albemarle | 20.26 Bn | 19.42 Bn | 500.97 Mn | 0.19 |
| 9 | DuPont de Nemours | 19.45 Bn | 19.56 Bn | 602.00 Mn | 0.22 |
| 10 | Ashland | 2,658.80 | -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 |
| Mar 31, 2021 | 0.53 |
| Dec 31, 2020 | 0.54 |
| Sep 30, 2020 | 0.52 |
| Jun 30, 2020 | 0.66 |
| Mar 31, 2020 | 0.67 |
| Dec 31, 2019 | 0.46 |
| Sep 30, 2019 | 0.47 |
| Jun 30, 2019 | 0.81 |
| Mar 31, 2019 | 0.75 |
| Dec 31, 2018 | 0.76 |
| Sep 30, 2018 | 0.74 |
| Jun 30, 2018 | 0.74 |
| Mar 31, 2018 | 0.75 |
| Dec 31, 2017 | 0.86 |
| Sep 30, 2017 | 0.83 |
| Jun 30, 2017 | 0.83 |
| Mar 31, 2017 | 0.92 |
| Dec 31, 2016 | 0.95 |
| Sep 30, 2016 | 0.79 |
| Sep 30, 2015 | 1.12 |