Ashland (ASH) Operating Expenses (2015 - 2026)
Ashland's Operating Expenses came in at $114 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 4.2% from $119 million a year earlier but up 22.6% from the prior quarter.
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Analysis
Ashland (ASH) Operating Expenses (2015 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Ashland reported Operating Expenses of $395 million, down 6.6% year-over-year; for FY2025 (ended Sep 30, 2025), it was $398 million, down 13.3% from FY2024.
- Operating Expenses carries a five-year compound annual growth rate of -2.7% (FY2020 to FY2025).
- Going back by fiscal year, Operating Expenses was $459 million in FY2024 (+10.3%), $416 million in FY2023 (-7.1%), $448 million in FY2022 (+9.8%) and $408 million in FY2021 (-10.5%).
- The five-year range for quarterly Operating Expenses is $89 million (fiscal Q4 2025) to $141 million (fiscal Q3 2022).
- Year-over-year, Operating Expenses increased in 1 of the last eight quarters, with an average decline of 7.5%.
- The fastest year-over-year change in Operating Expenses over five years came in fiscal Q3 2024 (growth of 34.4%), and the weakest in fiscal Q3 2023 (a decline of 31.9%).
- Business Quant data shows ASH's Operating Expenses at $93 million (Q2 2026), $99 million (Q1 2026) and $89 million (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 218.80 Bn | 201.92 Bn | 4.43 Bn | 928.00 Mn |
| 2 | Corning | 132.43 Bn | 125.56 Bn | 1.63 Bn | 907.00 Mn |
| 3 | Sherwin Williams | 78.49 Bn | 77.53 Bn | 3.34 Bn | 2.10 Bn |
| 4 | Air Products & Chemicals | 61.97 Bn | 59.87 Bn | 1.04 Bn | 3.15 Bn |
| 5 | Corteva | 51.82 Bn | 40.62 Bn | 3.66 Bn | 1.60 Bn |
| 6 | LyondellBasell Industries | 37.12 Bn | 26.74 Bn | 2.04 Bn | 7.63 Bn |
| 7 | Nutrien | 33.86 Bn | 30.73 Bn | 3.25 Bn | 169.00 Mn |
| 8 | Qnity Electronics | 26.31 Bn | 23.73 Bn | 666.00 Mn | 298.00 Mn |
| 9 | Ati | 25.78 Bn | 23.93 Bn | 309.80 Mn | 99.60 Mn |
| 10 | Ashland | 3.11 Bn | 1.81 Bn | 170.00 Mn | 114.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 114.00 Mn |
| Mar 31, 2026 | 93.00 Mn |
| Dec 31, 2025 | 99.00 Mn |
| Sep 30, 2025 | 89.00 Mn |
| Jun 30, 2025 | 119.00 Mn |
| Mar 31, 2025 | 99.00 Mn |
| Dec 31, 2024 | 91.00 Mn |
| Sep 30, 2024 | 114.00 Mn |
| Jun 30, 2024 | 129.00 Mn |
| Mar 31, 2024 | 120.00 Mn |
| Dec 31, 2023 | 95.00 Mn |
| Sep 30, 2023 | 123.00 Mn |
| Jun 30, 2023 | 96.00 Mn |
| Mar 31, 2023 | 91.00 Mn |
| Dec 31, 2022 | 106.00 Mn |
| Sep 30, 2022 | 109.00 Mn |
| Jun 30, 2022 | 141.00 Mn |
| Mar 31, 2022 | 103.00 Mn |
| Dec 31, 2021 | 95.00 Mn |
| Sep 30, 2021 | 97.00 Mn |
API Access
Ashland Operating Expenses 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=operating-expenses&ticker=ASH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=ASH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();