Ashland Inc.

ASH Basic Materials Specialty Chemicals

Ashland Inc.’s revenue for fiscal 2026 (year ended September 2026) was $1.9 billion, up 2.14% from fiscal 2025.

Revenue
+4.40%
EPS
+102.2%
Free cash flow
+400.0%
Total debt
−0.94%

Quarter to September 2026, against a year earlier

76.54 0.10 +0.13%
Market cap
$3.5B
P/E
67.1×
Fwd P/E
39.4×
Dividend yield
2.18%
F-score
n/a
Altman Z
n/a
Beneish M
−2.61
Dividend safety
47/100

Ashland Inc. (ASH) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Ashland Inc. (ASH) trades at a EV/EBITDA of 13.1×. Over the past ten years it has ranged from 0.0× (March 2021) to 66.9× (January 2025); the current reading is higher than 49% of that period. That is in line with the Specialty Chemicals industry median of 12.9× and above the Basic Materials sector median of 9.2×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2026 12.0× (38.90%)
FY2025 19.6× (6.73%)
FY2024 21.0× 71.82%
FY2023 12.2× 20.87%
FY2022 10.1× (37.06%)
FY2021 16.0× —
FY2020 0.0× —
FY2019 16.5× (15.20%)
FY2018 19.5× 56.37%
FY2017 12.5× 0.52%

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 12.0× 0.01%
Jun 2026 11.9× 4.75%
Mar 2026 11.4× 2.71%
Dec 2025 11.1× (43.21%)
43 more quarters

Against its own ten years

Low 0.0× High 66.9×
Ten-year median 13.3×
Current reading's percentile 49

EV/EBITDA against peers

Company EV/EBITDA
CBT Cabot Corporation compare 7.1×
FUL H. B. Fuller Company compare 8.4×
AVNT Avient Corporation compare 11.0×
KWR Quaker Houghton compare 13.1×
ASH Ashland Inc. 13.1×
HWKN Hawkins, Inc. compare 18.5×
PRM Perimeter Solutions, SA compare 25.2×
WDFC WD-40 Company compare 25.7×
CLMT Calumet, Inc. compare 47.9×
Specialty Chemicals industry median 12.9×
Basic Materials sector median 9.2×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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