Ashland (ASH) Free Cash Flow (2015 - 2026)
Ashland's Free Cash Flow came in at $100 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 5.3% from $95 million a year earlier and up 203.0% from the prior quarter.
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Analysis
Ashland (ASH) Free Cash Flow (2015 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Ashland reported Free Cash Flow of $250 million, up 247.2% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at $36 million, down 88.9% from FY2024.
- Free Cash Flow carries a five-year compound annual growth rate of -17.5% (FY2020 to FY2025).
- Going back by fiscal year, Free Cash Flow was $325 million in FY2024 (+162.1%), $124 million in FY2023 (+55.0%), $80 million in FY2022 (-77.8%) and $361 million in FY2021 (+284.0%).
- The five-year range for quarterly Free Cash Flow is -$53 million (fiscal Q1 2025) to $165 million (fiscal Q1 2024).
- Year-over-year, Free Cash Flow increased in 1 of the last four quarters, with an average decline of 28.9%.
- The fastest year-over-year change in Free Cash Flow over five years came in fiscal Q4 2021 (growth of 245.7%), and the weakest in fiscal Q4 2025 (a decline of 85.7%).
- Business Quant data shows ASH's Free Cash Flow at $33 million (Q2 2026), $111 million (Q1 2026) and $6 million (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 218.80 Bn | 201.92 Bn | 4.43 Bn | 833.00 Mn |
| 2 | Corning | 132.43 Bn | 125.56 Bn | 1.63 Bn | 1.30 Bn |
| 3 | Sherwin Williams | 78.49 Bn | 77.53 Bn | 3.34 Bn | 1.24 Bn |
| 4 | Air Products & Chemicals | 61.97 Bn | 59.87 Bn | 1.04 Bn | 309.50 Mn |
| 5 | Corteva | 51.82 Bn | 40.62 Bn | 3.66 Bn | -588.00 Mn |
| 6 | LyondellBasell Industries | 37.12 Bn | 26.74 Bn | 2.04 Bn | 482.00 Mn |
| 7 | Nutrien | 33.86 Bn | 30.73 Bn | 3.25 Bn | 2.98 Bn |
| 8 | Qnity Electronics | 26.31 Bn | 23.73 Bn | 666.00 Mn | 151.00 Mn |
| 9 | Ati | 25.78 Bn | 23.93 Bn | 309.80 Mn | 63.20 Mn |
| 10 | Ashland | 3.11 Bn | 1.81 Bn | 170.00 Mn | 100.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 100.00 Mn |
| Mar 31, 2026 | 33.00 Mn |
| Dec 31, 2025 | 111.00 Mn |
| Sep 30, 2025 | 6.00 Mn |
| Jun 30, 2025 | 95.00 Mn |
| Mar 31, 2025 | -12.00 Mn |
| Dec 31, 2024 | -53.00 Mn |
| Sep 30, 2024 | 42.00 Mn |
| Jun 30, 2024 | 98.00 Mn |
| Mar 31, 2024 | 20.00 Mn |
| Dec 31, 2023 | 165.00 Mn |
| Sep 30, 2023 | 62.00 Mn |
| Jun 30, 2023 | 93.00 Mn |
| Mar 31, 2023 | 21.00 Mn |
| Dec 31, 2022 | -52.00 Mn |
| Sep 30, 2022 | 133.00 Mn |
| Jun 30, 2022 | -47.00 Mn |
| Mar 31, 2022 | -5.00 Mn |
| Dec 31, 2021 | -1.00 Mn |
| Sep 30, 2021 | 121.00 Mn |
API Access
Ashland Free Cash Flow 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=free-cash-flow&ticker=ASH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=ASH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();