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Ashland ASH Return on equity

Return on equity at other companies

International Flavors & Fragrances logo
International Flavors & FragrancesIFF
6%+4.0pp
Dow logo
DowDOW
-16.7%-18.8pp
H.B. Fuller logo
H.B. FullerFUL
7%-0.6pp
Eastman Chemical logo
Eastman ChemicalEMN
6.7%-9.4pp
AVT
AvantorAVTR
-10.3%-22.8pp
Westlake logo
WestlakeWLK
-17.3%-21.0pp

Other financials

Income statement

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Revenue$482.0M+0.6%
Gross profit$147.0M0.0%
Operating income$39.0M-23.5%
Net income$16.0M-48.4%
EPS (diluted)$0.34-47.7%

Balance sheet

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Cash & equivalents$343.0M+104%
Total debt$1.5B-0.6%
Total equity$1.9B-27.1%
Total assets$4.5B-14.0%

Cash flow

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Operating cash flow$50.0M+456%
CapEx$17.0M-19.0%
Free cash flow$33.0M+375%

Valuation

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Market cap$2.93B-9.0%
Enterprise value$4.06B-10.6%
P/S1.6×0.0×

Profitability

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Gross margin30%-1.7pp
Operating margin-37.3%
Net margin-40.8%-48.8pp
FCF margin13.6%+9.7pp

Returns & leverage

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Debt / equity0.8×+0.2×
Current ratio3.1×+0.7×

Where this comes from

Calculated from Ashland’s reported figures.

Based on trailing twelve months.

The official record: Ashland’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ashland's return on equity?
Ashland (ASH) reported return on equity of -33.4% in Q1 2026.
How has Ashland's return on equity changed year-over-year?
Ashland's return on equity decreased by 747.7% year-over-year, from -3.9% to -33.4%.
What is the long-term trend for Ashland's return on equity?
Over 5 years (2020 to 2025), Ashland's return on equity has grown at a 18.8% compound annual growth rate (CAGR), from -15.5% to -36.7%.
What does return on equity mean?
Trailing-twelve-month net income divided by average shareholders' equity (average of the start and end of the trailing-twelve-month window). Measures the profit generated on each dollar of shareholder capital.