Growth Metrics

Ashland (ASH) Free Cash Flow (2015 - 2026)

Ashland recorded quarterly Free Cash Flow of $33.0 million in Q1 2026, down 70.27% quarter-over-quarter from $111.0 million in Q4 2025, and up 375.0% year-over-year from $6.9 million in Q1 2025.

Ashland's Free Cash Flow history runs 12 years deep, the most recent figure standing at $33.0 million for Q1 2026.

  • In Q1 2026, Free Cash Flow rose 375.0% year-over-year to $33.0 million; the TTM figure through Mar 2026 stood at $245.0 million (up 226.67% YoY), while the FY2025 annual figure was $36.0 million, down 88.92% from the prior year.
  • Free Cash Flow came in at $33.0 million for Q1 2026 at Ashland, down from $111.0 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $165.0 million in Q4 2023 to a low of -$53.0 million in Q4 2024.
  • A 5-year average of $41.8 million and a median of $33.0 million in 2026 frame the typical range for Free Cash Flow.
  • Across the five-year window, Free Cash Flow slumped 5100.0% in 2022 and surged 520.0% in 2023, its largest moves.
  • Ashland's Free Cash Flow stood at -$52.0 million in 2022, then soared by 417.31% to $165.0 million in 2023, then plunged by 132.12% to -$53.0 million in 2024, then jumped by 309.43% to $111.0 million in 2025, then sank by 70.27% to $33.0 million in 2026.
  • According to Business Quant data, Free Cash Flow over the past three periods registered $33.0 million, $111.0 million, and $6.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Linde 230.79 Bn 226.84 Bn 4.26 Bn 898.00 Mn
2 Chemical & Mining Co Of Chile 127.66 Bn 124.93 Bn 778.60 Mn -
3 Sherwin Williams 72.51 Bn 72.30 Bn 2.78 Bn 800,000.00
4 Ecolab 70.96 Bn 70.34 Bn 1.85 Bn 758.00 Mn
5 Air Products & Chemicals 62.15 Bn 63.70 Bn 987.40 Mn 1.10 Bn
6 Ppg Industries 25.04 Bn 23.57 Bn 1.66 Bn -19.00 Mn
7 LyondellBasell Industries 21.62 Bn 21.73 Bn 701.00 Mn -538.00 Mn
8 Albemarle 20.26 Bn 19.42 Bn 500.97 Mn 247.57 Mn
9 DuPont de Nemours 19.45 Bn 19.56 Bn 602.00 Mn 130.00 Mn
10 Ashland 2,658.80 -343.00 Mn 147.00 Mn 33.00 Mn

Historic Data

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DateValue
Mar 31, 2026 33.00 Mn
Mar 31, 2026 33.00 Mn
Dec 31, 2025 111.00 Mn
Dec 31, 2025 111.00 Mn
Sep 30, 2025 6.00 Mn
Sep 30, 2025 6.00 Mn
Jun 30, 2025 95.00 Mn
Jun 30, 2025 95.00 Mn
Mar 31, 2025 -12.00 Mn
Mar 31, 2025 -12.00 Mn
Dec 31, 2024 -53.00 Mn
Dec 31, 2024 -53.00 Mn
Sep 30, 2024 42.00 Mn
Sep 30, 2024 42.00 Mn
Jun 30, 2024 98.00 Mn
Jun 30, 2024 98.00 Mn
Mar 31, 2024 20.00 Mn
Mar 31, 2024 20.00 Mn
Dec 31, 2023 165.00 Mn
Dec 31, 2023 165.00 Mn
Sep 30, 2023 62.00 Mn
Sep 30, 2023 62.00 Mn
Jun 30, 2023 93.00 Mn
Jun 30, 2023 93.00 Mn
Mar 31, 2023 21.00 Mn
Mar 31, 2023 21.00 Mn
Dec 31, 2022 -52.00 Mn
Dec 31, 2022 -52.00 Mn
Sep 30, 2022 133.00 Mn
Sep 30, 2022 133.00 Mn
Jun 30, 2022 -47.00 Mn
Jun 30, 2022 -47.00 Mn
Mar 31, 2022 -5.00 Mn
Mar 31, 2022 -5.00 Mn
Dec 31, 2021 -1.00 Mn
Dec 31, 2021 -1.00 Mn
Sep 30, 2021 121.00 Mn
Sep 30, 2021 121.00 Mn
Jun 30, 2021 173.00 Mn
Jun 30, 2021 173.00 Mn
Mar 31, 2021 16.00 Mn
Mar 31, 2021 16.00 Mn
Dec 31, 2020 51.00 Mn
Dec 31, 2020 51.00 Mn
Sep 30, 2020 35.00 Mn
Sep 30, 2020 35.00 Mn
Jun 30, 2020 112.00 Mn
Jun 30, 2020 112.00 Mn
Mar 31, 2020 10.00 Mn
Mar 31, 2020 10.00 Mn
Dec 31, 2019 -63.00 Mn
Dec 31, 2019 -63.00 Mn
Sep 30, 2019 3.00 Mn
Sep 30, 2019 3.00 Mn
Jun 30, 2019 54.00 Mn
Jun 30, 2019 54.00 Mn
Mar 31, 2019 -22.00 Mn
Mar 31, 2019 -22.00 Mn
Dec 31, 2018 -42.00 Mn
Dec 31, 2018 -42.00 Mn
Sep 30, 2018 78.00 Mn
Sep 30, 2018 78.00 Mn
Jun 30, 2018 61.00 Mn
Jun 30, 2018 61.00 Mn
Mar 31, 2018 -3.00 Mn
Mar 31, 2018 -3.00 Mn
Dec 31, 2017 -52.00 Mn
Dec 31, 2017 -52.00 Mn
Sep 30, 2017 2.00 Mn
Sep 30, 2017 2.00 Mn
Jun 30, 2017 79.00 Mn
Jun 30, 2017 79.00 Mn
Mar 31, 2017 18.00 Mn
Mar 31, 2017 18.00 Mn
Dec 31, 2016 -93.00 Mn
Dec 31, 2016 -93.00 Mn
Sep 30, 2016 69.00 Mn
Sep 30, 2016 69.00 Mn
Jun 30, 2016 -62.00 Mn
Jun 30, 2016 -62.00 Mn
Mar 31, 2016 134.00 Mn
Mar 31, 2016 134.00 Mn
Dec 31, 2015 13.00 Mn
Dec 31, 2015 13.00 Mn