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/Sales

Alert me on EV/Sales

As of 5 November 2026, Ashland Inc. (ASH) trades at a EV/Sales of 2.4×. Over the past ten years it has ranged from 1.0× (January 2015) to 3.9× (November 2021); the current reading is higher than 49% of that period. That is above the Specialty Chemicals industry median of 1.9× and above the Basic Materials sector median of 1.8×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2026 2.2× 14.85%
FY2025 1.9× (25.56%)
FY2024 2.5× 7.49%
FY2023 2.3× (4.42%)
FY2022 2.5× (27.12%)
FY2021 3.4× 18.55%
FY2020 2.8× (1.80%)
FY2019 2.9× (0.70%)
FY2018 2.9× 48.53%
FY2017 2.0× 55.21%

Quarterly newest first

Period EV/Sales Change
Sep 2026 2.2× (1.12%)
Jun 2026 2.2× 8.29%
Mar 2026 2.0× (5.19%)
Dec 2025 2.1× 13.12%
43 more quarters

Against its own ten years

Low 1.0× High 3.9×
Ten-year median 2.4×
Current reading's percentile 44

EV/Sales against peers

Company EV/Sales
CBT Cabot Corporation compare 1.3×
FUL H. B. Fuller Company compare 1.3×
CLMT Calumet, Inc. compare 1.4×
AVNT Avient Corporation compare 1.6×
KWR Quaker Houghton compare 1.7×
ASH Ashland Inc. 2.4×
HWKN Hawkins, Inc. compare 3.0×
WDFC WD-40 Company compare 4.5×
PRM Perimeter Solutions, SA compare 7.0×
Specialty Chemicals industry median 1.9×
Basic Materials sector median 1.8×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((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)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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