Ashland (ASH) EV to FCF (2016 - 2026)
Ashland's EV to FCF came in at 10.31 for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 64.5% from 29.04 a year earlier but up 14.6% from the prior quarter.
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Analysis
Ashland (ASH) EV to FCF (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Ashland reported EV to FCF of 6.86, down 64.8% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at 54.87, up 369.6% from FY2024.
- Going back by fiscal year, EV to FCF was 11.68 in FY2024 (-61.6%), 30.40 in FY2023 (-45.9%), 56.20 in FY2022 (+317.9%) and 13.45 in FY2021 (-67.3%).
- The five-year range for quarterly EV to FCF is 8.99 (fiscal Q2 2026) to 182.89 (fiscal Q1 2023).
- Year-over-year, EV to FCF has declined for three consecutive quarters, with growth averaging 71.6% over the last eight quarters.
- The fastest year-over-year change in EV to FCF over five years came in fiscal Q1 2023 (growth of 852.3%), and the weakest in fiscal Q1 2024 (a decline of 93.9%).
- Business Quant data shows ASH's EV to FCF at 8.99 (Q2 2026), 11.90 (Q1 2026) and 54.87 (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Linde | 218.80 Bn | 201.92 Bn | 4.43 Bn |
| 2 | Corning | 132.43 Bn | 125.56 Bn | 1.63 Bn |
| 3 | Sherwin Williams | 78.49 Bn | 77.53 Bn | 3.34 Bn |
| 4 | Air Products & Chemicals | 61.97 Bn | 59.87 Bn | 1.04 Bn |
| 5 | Corteva | 51.82 Bn | 40.62 Bn | 3.66 Bn |
| 6 | LyondellBasell Industries | 37.12 Bn | 26.74 Bn | 2.04 Bn |
| 7 | Nutrien | 33.86 Bn | 30.73 Bn | 3.25 Bn |
| 8 | Qnity Electronics | 26.31 Bn | 23.73 Bn | 666.00 Mn |
| 9 | Ati | 25.78 Bn | 23.93 Bn | 309.80 Mn |
| 10 | Ashland | 3.11 Bn | 1.81 Bn | 170.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.31 |
| Mar 31, 2026 | 8.99 |
| Dec 31, 2025 | 11.90 |
| Sep 30, 2025 | 54.87 |
| Jun 30, 2025 | 29.04 |
| Mar 31, 2025 | 33.88 |
| Dec 31, 2024 | 29.46 |
| Sep 30, 2024 | 11.68 |
| Jun 30, 2024 | 12.22 |
| Mar 31, 2024 | 13.06 |
| Dec 31, 2023 | 11.10 |
| Sep 30, 2023 | 30.40 |
| Jun 30, 2023 | 21.05 |
| Mar 31, 2023 | 91.35 |
| Dec 31, 2022 | 182.89 |
| Sep 30, 2022 | 56.20 |
| Jun 30, 2022 | 72.80 |
| Mar 31, 2022 | 15.29 |
| Dec 31, 2021 | 19.21 |
| Sep 30, 2021 | 13.45 |
API Access
Ashland EV to FCF 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=ev-to-fcf&ticker=ASH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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=ev-to-fcf&ticker=ASH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();