Ashland (ASH) Return on Capital Employed (2016 - 2026)

Ashland's (ASH) quarterly Return on Capital Employed came in at 14.92% in Q1 2026, down 1205.0% year-on-year from 1.35% in Q1 2025, and down 4.1% quarter-over-quarter from 14.34% in Q4 2025.

Ashland (ASH) Return on Capital Employed (2016 - 2026) Analysis & Trends

Ashland has disclosed Return on Capital Employed across 11 years of filings, most recently posting 14.92% for Q1 2026.

  • Return on Capital Employed for Q1 2026 came in at 14.92%, down 1205.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 14.92% (down 1205.0% YoY), and the FY2025 annual result was 16.47%, down 1638.0% from the prior year.
  • Return on Capital Employed came in at 14.92% for Q1 2026 at Ashland, down from 14.34% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 5.78% in Q3 2022 to a low of 18.48% in Q3 2025.
  • The 5-year median for Return on Capital Employed is 0.38% (2023), against an average of 2.97%.
  • Across the five-year window, Return on Capital Employed soared 531 bps in 2022 and slumped 1837 bps in 2025, its largest moves.
  • Ashland's Return on Capital Employed stood at 5.68% in 2022, then tumbled by 107 bps to 0.38% in 2023, then plunged by 771 bps to 3.33% in 2024, then slumped by 330 bps to 14.34% in 2025, then retreated by 4 bps to 14.92% in 2026.
  • The last three Return on Capital Employed figures came in at 14.92% (Q1 2026), 14.34% (Q4 2025), and 18.48% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Linde 237.64 Bn 233.69 Bn 4.26 Bn 12.89%
2 Chemical & Mining Co Of Chile 127.66 Bn 124.93 Bn 778.60 Mn 16.08%
3 Sherwin Williams 78.87 Bn 78.66 Bn 2.78 Bn 20.78%
4 Ecolab 76.59 Bn 75.97 Bn 1.85 Bn 14.59%
5 Air Products & Chemicals 62.39 Bn 63.94 Bn 987.40 Mn 6.05%
6 Ppg Industries 26.44 Bn 24.97 Bn 1.66 Bn 13.59%
7 International Flavors & Fragrances 19.67 Bn 19.14 Bn 1.02 Bn 3.66%
8 DuPont de Nemours 19.57 Bn 19.68 Bn 602.00 Mn 7.03%
9 LyondellBasell Industries 19.28 Bn 19.39 Bn 701.00 Mn -1.10%
10 Ashland 3,118.57 -343.00 Mn 147.00 Mn -14.92%

Historic Data

Download Data
DateValue
Mar 31, 2026 -14.92%
Dec 31, 2025 -14.34%
Sep 30, 2025 -18.48%
Jun 30, 2025 -17.40%
Mar 31, 2025 -2.87%
Dec 31, 2024 -3.33%
Sep 30, 2024 -0.12%
Jun 30, 2024 -3.83%
Mar 31, 2024 -1.52%
Dec 31, 2023 -0.38%
Sep 30, 2023 0.62%
Jun 30, 2023 4.60%
Mar 31, 2023 5.41%
Dec 31, 2022 5.68%
Sep 30, 2022 5.78%
Jun 30, 2022 2.83%
Mar 31, 2022 1.78%
Dec 31, 2021 0.92%
Sep 30, 2021 0.47%
Jun 30, 2021 6.41%