What is Ashland's net debt / EBITDA?

Ashland (ASH) reported net debt / EBITDA of 3.9× in Q2 2026.

What is the long-term trend for Ashland's net debt / EBITDA?

Over 2 years (2021 to 2023), Ashland's net debt / EBITDA has grown at a -25.7% compound annual growth rate (CAGR), from 4.4× to 2.4×.

What does net debt / EBITDA mean?

Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.

Ashland (ASH) Net debt / EBITDA — Quarterly & Annual

Screener

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3.4×-11.0×

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5.5×+0.9×

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-1.4×+0.4×

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8.7×+2.1×

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2.9×-0.6×

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11.5×+9.2×

Other financials

Income statement

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Revenue$497.0M+7.3%

Gross profit$170.0M+28.8%

Operating income$43.0M+106%

Net income$16.0M+102%

EPS (diluted)$0.35+102%

Balance sheet

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Cash & equivalents$440.0M+113%

Total debt$1.5B-0.6%

Total equity$1.9B-1.0%

Total assets$4.6B-0.9%

Cash flow

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Operating cash flow$120.0M+4.3%

CapEx$20.0M0.0%

Free cash flow$100.0M+5.3%

Valuation

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Market cap$3.32B+40.6%

Enterprise value$4.35B+19.7%

P/E165.9×—

P/S1.8×+0.5×

Profitability

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Gross margin31.5%+1.4pp

Operating margin4.1%—

Net margin1.1%+0.5pp

FCF margin13.6%+9.7pp

Returns & leverage

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Return on equity1.1%+0.5pp

Debt / equity0.8×0.0×

Current ratio3×+0.4×

Where this comes from

Calculated from Ashland’s reported figures.

net debt/ebitda=3.9×

Based on the most recent quarter.

The source filing: Ashland’s 10-Q, filed July 29, 2026. Open the filing →

Filed: Jul 29, 2026, 5:17 PM EDT
Fiscal quarter: Q3 FY2026
Calendar quarter: Q2 2026
Accession: 0001193125-26-324226

FAQ

What is Ashland's net debt / EBITDA?: Ashland (ASH) reported net debt / EBITDA of 3.9× in Q2 2026.
What is the long-term trend for Ashland's net debt / EBITDA?: Over 2 years (2021 to 2023), Ashland's net debt / EBITDA has grown at a -25.7% compound annual growth rate (CAGR), from 4.4× to 2.4×.
What does net debt / EBITDA mean?: Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.

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Ashland ASH Net debt / EBITDA

Net debt / EBITDA at other companies

Other financials

Income statement

Balance sheet

Cash flow

Valuation

Profitability

Returns & leverage

Where this comes from

FAQ

Ask your AI about Ashland's net debt / ebitda.