Ashland (ASH) Inventory (2015 - 2026)
Ashland (ASH) recorded Inventory of $490 million in fiscal Q3 2026 (quarter ended Jun 30, 2026), down 13.6% from $567 million a year earlier and down 3.2% from the prior quarter.
Ashland (ASH) Inventory (2015 - 2026) Analysis & Trends
At the end of FY2025 (ended Sep 30, 2025), Ashland reported Inventory of $568 million, up 4.2% from FY2024.
- Annual Inventory has a five-year compound annual growth rate of 2.3% (FY2020 to FY2025).
- Across earlier fiscal years, Inventory came in at $545 million in FY2024 (-12.9%), $626 million in FY2023 (-0.5%), $629 million in FY2022 (+33.0%) and $473 million in FY2021 (-6.5%).
- The fiscal Q3 2026 figure is the lowest quarterly Inventory since fiscal Q4 2021.
- On a year-over-year basis, Inventory rose in three of the last eight quarters, with an average decline of 3.4%.
- Peak year-over-year performance for Inventory in the last five years was growth of 36.6% in fiscal Q1 2023, against a decline of 25.3% in fiscal Q3 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $506 million (Q2 2026), $565 million (Q1 2026) and $568 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 218.80 Bn | 201.92 Bn | 4.43 Bn | 2.12 Bn |
| 2 | Corning | 132.43 Bn | 125.56 Bn | 1.63 Bn | 3.43 Bn |
| 3 | Sherwin Williams | 78.49 Bn | 77.53 Bn | 3.34 Bn | 2.53 Bn |
| 4 | Air Products & Chemicals | 61.97 Bn | 59.87 Bn | 1.04 Bn | 751.60 Mn |
| 5 | Corteva | 51.82 Bn | 40.62 Bn | 3.66 Bn | 4.44 Bn |
| 6 | LyondellBasell Industries | 37.12 Bn | 26.74 Bn | 2.04 Bn | 4.08 Bn |
| 7 | Nutrien | 33.86 Bn | 30.73 Bn | 3.25 Bn | 6.16 Bn |
| 8 | Qnity Electronics | 26.31 Bn | 23.73 Bn | 666.00 Mn | 730.00 Mn |
| 9 | Ati | 25.78 Bn | 23.93 Bn | 309.80 Mn | 1.67 Bn |
| 10 | Ashland | 3.11 Bn | 1.81 Bn | 170.00 Mn | 490.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 490.00 Mn |
| Mar 31, 2026 | 506.00 Mn |
| Dec 31, 2025 | 565.00 Mn |
| Sep 30, 2025 | 568.00 Mn |
| Jun 30, 2025 | 567.00 Mn |
| Mar 31, 2025 | 542.00 Mn |
| Dec 31, 2024 | 528.00 Mn |
| Sep 30, 2024 | 545.00 Mn |
| Jun 30, 2024 | 532.00 Mn |
| Mar 31, 2024 | 550.00 Mn |
| Dec 31, 2023 | 588.00 Mn |
| Sep 30, 2023 | 626.00 Mn |
| Jun 30, 2023 | 712.00 Mn |
| Mar 31, 2023 | 730.00 Mn |
| Dec 31, 2022 | 724.00 Mn |
| Sep 30, 2022 | 629.00 Mn |
| Jun 30, 2022 | 609.00 Mn |
| Mar 31, 2022 | 573.00 Mn |
| Dec 31, 2021 | 530.00 Mn |
| Sep 30, 2021 | 473.00 Mn |
Ashland Inventory 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=inventory&ticker=ASH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "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=inventory&ticker=ASH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();