Ashland (ASH) Stock Price

Ashland Price

NYSE·CLOSED
66.56USD-1.85 (-2.74 %)
Market closed

Revenue at Ashland has contracted by 7.0% per year over the past 19 years to 1.82 B USD. Earnings per share have declined at 3.0% per year over the last 18 years. Ashland's net margin stands at -46.3%, down from 10.4% several years earlier. Ashland currently offers a dividend yield of about 2.48%. Analysts set a median price target of 71.40 USD, implying 7.3% above the current price. Of 17 analysts, 12 rate the stock a buy — an overall Buy consensus. The stock trades about 40% above its 52-week low.

Ashland stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Ashland over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Ashland stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Ashland's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Ashland Stock Price History
DateAshland Price
7/23/202666.56 USD
7/22/202668.41 USD
7/21/202668.51 USD
7/20/202667.70 USD
7/17/202668.64 USD
7/16/202668.81 USD
7/15/202668.27 USD
7/14/202666.74 USD
7/13/202665.89 USD
7/10/202666.75 USD
7/9/202665.00 USD
7/8/202663.84 USD
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7/2/202667.01 USD
7/1/202666.69 USD
6/30/202665.89 USD
6/29/202662.76 USD
6/26/202663.94 USD
6/25/202664.43 USD
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6/22/202667.82 USD
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6/17/202665.21 USD
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6/15/202665.31 USD
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5/29/202658.45 USD
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3/24/202653.61 USD
3/23/202650.81 USD
3/22/202649.92 USD
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3/18/202650.19 USD
3/17/202650.09 USD
3/16/202651.49 USD
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3/13/202649.97 USD
3/12/202649.97 USD
3/11/202650.98 USD
3/10/202652.57 USD
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3/6/202655.45 USD
3/5/202657.37 USD
3/4/202660.03 USD
3/3/202659.62 USD
3/2/202661.15 USD
2/27/202662.36 USD
2/26/202662.27 USD
2/25/202662.22 USD
2/24/202664.09 USD
2/23/202663.04 USD
2/20/202664.80 USD
2/19/202663.22 USD
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2/17/202660.23 USD
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2/12/202661.03 USD
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2/6/202664.16 USD
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1/29/202661.73 USD
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1/26/202662.46 USD
1/23/202663.32 USD
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1/14/202664.56 USD
1/13/202664.11 USD
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1/9/202662.34 USD
1/8/202659.91 USD
1/7/202659.45 USD
1/6/202661.24 USD
1/5/202660.09 USD
1/2/202659.85 USD
12/31/202558.67 USD
12/30/202559.15 USD
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12/24/202559.39 USD
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12/22/202559.48 USD
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11/28/202552.90 USD
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11/20/202548.18 USD
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11/10/202549.89 USD
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11/3/202548.23 USD
10/31/202548.90 USD
10/30/202548.67 USD
10/29/202549.64 USD
10/28/202550.05 USD
10/27/202550.67 USD
10/24/202550.53 USD
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10/22/202549.55 USD
10/21/202550.65 USD
10/20/202549.93 USD
10/17/202548.79 USD
10/16/202548.94 USD
10/15/202549.02 USD
10/14/202549.01 USD
10/13/202548.35 USD
10/10/202547.56 USD
10/9/202548.50 USD
10/8/202548.60 USD
10/7/202547.49 USD
10/6/202549.00 USD
10/3/202548.59 USD
10/2/202548.54 USD
10/1/202548.19 USD
9/30/202547.91 USD
9/29/202547.62 USD
9/28/202547.62 USD
9/25/202548.79 USD
9/24/202547.89 USD
9/23/202549.37 USD
9/22/202549.85 USD
9/19/202549.75 USD
9/18/202551.80 USD
9/17/202551.10 USD
9/16/202551.26 USD
9/15/202551.69 USD
9/12/202552.78 USD
9/11/202554.69 USD
9/10/202553.04 USD
9/9/202553.32 USD
9/8/202554.58 USD
9/5/202554.92 USD
9/4/202554.24 USD
9/3/202554.16 USD
9/2/202554.87 USD
8/29/202556.16 USD
8/28/202556.60 USD
8/27/202556.52 USD
8/26/202556.09 USD
8/25/202556.25 USD
8/22/202556.57 USD
8/21/202553.89 USD
8/20/202554.07 USD
8/19/202554.11 USD
8/18/202553.53 USD
8/15/202553.84 USD
8/14/202554.07 USD
8/13/202554.88 USD
8/12/202553.09 USD
8/11/202551.59 USD
8/8/202552.09 USD
8/7/202552.75 USD
8/6/202551.63 USD
8/5/202552.10 USD
8/4/202550.76 USD
7/31/202550.50 USD
7/30/202551.56 USD
7/29/202552.98 USD
7/28/202550.18 USD
7/27/202550.95 USD
7/25/202551.19 USD
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Ashland Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2020
2.02 B USD
-458.00 M USD
-508.00 M USD
Jan 1, 2021
2.11 B USD
192.00 M USD
220.00 M USD
Jan 1, 2022
2.39 B USD
333.00 M USD
927.00 M USD
Jan 1, 2023
2.19 B USD
172.00 M USD
178.00 M USD
Jan 1, 2024
2.11 B USD
-26.00 M USD
169.00 M USD
Jan 1, 2025
1.82 B USD
-746.00 M USD
-845.00 M USD
Jan 1, 2026 (e)
1.85 B USD
221.09 M USD
164.04 M USD
Jan 1, 2027 (e)
1.93 B USD
259.94 M USD
195.89 M USD

Ashland Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 25, 2026, 10:20 AM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB USD
EBITB USD
EBIT MARGIN%
NET INCOMEB USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESM
201220132014201520162017201820192020202120222023202420252026e2027e
6.476.096.123.423.022.312.592.152.022.112.392.192.111.821.851.93
-0.46-5.890.49-44.13-11.73-23.5212.13-17.03-6.154.7113.26-8.36-3.56-13.681.434.27
25.6329.3424.7725.9629.3831.5733.3330.3129.7131.7434.7130.4929.2530.1030.1030.10
1.661.791.520.890.890.730.860.650.600.670.830.670.620.550.560.58
0.281.040.050.11-0.050.050.130.09-0.460.190.330.17-0.03-0.750.220.26
4.3417.060.753.27-1.662.124.914.00-22.729.1013.937.85-1.23-40.9011.9513.43
0.030.680.230.31-0.030.110.51-0.510.220.930.180.17-0.850.160.20
-93.722,526.92-65.8932.62-109.39-103.4511,300.00342.98-200.59-143.31321.36-80.80-5.06-600.00-119.4118.90
0.851.251.361.511.561.070.981.081.101.181.311.491.601.651.661.80
26.8747.068.8011.033.31-32.05-8.4911.341.857.2710.1714.627.383.120.618.43
80.0078.0070.0066.0062.0062.0063.0061.0061.0058.0055.0051.0047.0046.0046.0046.00
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Ashland generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Ashland retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Ashland's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Ashland has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Ashland's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Ashland stock margins

The Ashland margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Ashland. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Ashland.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2020
29.71 %
-22.72 %
-25.20 %
Jan 1, 2021
31.74 %
9.10 %
10.42 %
Jan 1, 2022
34.71 %
13.93 %
38.77 %
Jan 1, 2023
30.49 %
7.85 %
8.12 %
Jan 1, 2024
29.25 %
-1.23 %
8.00 %
Jan 1, 2025
30.10 %
-40.90 %
-46.33 %
Jan 1, 2026 (e)
30.10 %
11.95 %
8.86 %
Jan 1, 2027 (e)
30.10 %
13.47 %
10.15 %

Ashland Stock Revenue, EBIT, Earnings per Share

The Ashland earnings per share therefore indicates how much revenue Ashland has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2020
33.05 USD
-7.51 USD
-8.33 USD
Jan 1, 2021
36.40 USD
3.31 USD
3.79 USD
Jan 1, 2022
43.47 USD
6.05 USD
16.85 USD
Jan 1, 2023
42.96 USD
3.37 USD
3.49 USD
Jan 1, 2024
44.96 USD
-0.55 USD
3.60 USD
Jan 1, 2025
39.65 USD
-16.22 USD
-18.37 USD
Jan 1, 2026 (e)
40.23 USD
4.81 USD
3.57 USD
Jan 1, 2027 (e)
41.94 USD
5.65 USD
4.26 USD

Ashland business model & stock analysis

Ashland Inc is an American multinational company operating in the chemical and specialty chemical industry. With its headquarters in Covington, Kentucky, Ashland operates in over 100 countries and employs over 4,000 people worldwide. The company was founded in 1924 as Ashland Refining Company and has since expanded and diversified its business operations. The history of Ashland begins in 1924 when J. Fred Miles and Paul G. Blazer founded the Ashland Refining Company as partners. The company specialized in producing lubricating oil and gasoline. During World War II, Ashland also produced kerosene for the US Air Force. In the 1950s, the company expanded its business to include petrochemical products, and in the 1960s, Ashland began producing specialty chemicals, which eventually became the company's new core business. In the 1990s, Ashland sold its gas station business and focused on its specialty chemical products. Ashland was initially established as a company specializing in the production of lubricating oil and gasoline. However, over the years, the company has expanded its portfolio through the production of specialty chemicals. Ashland is now a diversified company operating in the areas of construction, energy, transportation, healthcare, and personal care. Ashland offers a wide range of products and services, including coatings, adhesives, additives, emulsions, binders, solvents, and more. The company focuses on developing innovative products that reduce environmental impact and improve efficiency. Ashland is divided into three main business segments: Specialty Ingredients, Composites, and Intermediates. The Specialty Ingredients segment develops and produces a wide range of ingredients for the cosmetics and personal care industry, pharmaceutical industry, food industry, and agriculture. This segment also develops and produces pharmaceutical excipients and adhesives. The Composites segment manufactures composite materials and polymers used in transportation, construction, and leisure. Intermediates produces solvents and plasticizers, as well as ethoxylated and propoxylated specialty chemicals. Ashland's products are used in a variety of applications. In the cosmetics industry, the products are used to manufacture skincare products, hair care products, and cosmetics. The specialty ingredients help improve the durability, stability, and texture of cosmetics. In the food industry, Ashland's products are used as emulsifiers and stabilizers to improve the consistency and taste of food. In the pharmaceutical industry, Ashland's products are used to manufacture pharmaceutical excipients that help stabilize the active ingredients of medications. Ashland's products are also used in transportation to produce lightweight materials that help reduce fuel consumption in vehicles. In conclusion, Ashland is a diversified company operating in the chemical and specialty chemical industry. The company has a long history and has expanded and diversified its business operations over the years. Ashland operates in the areas of construction, energy, transportation, healthcare, and personal care, offering a wide range of products and services. Ashland's products are used in various applications and contribute to reducing environmental impact and improving efficiency.

Ashland SWOT Analysis

Strengths

Ashland Inc possesses several strengths that contribute to its success:

  • Strong brand reputation and name recognition in the industry
  • Diverse product portfolio catering to multiple market segments
  • Robust research and development capabilities driving innovation
  • Established distribution channels and global presence
  • Strong financial performance and stability

Weaknesses

Despite its strengths, Ashland Inc faces certain weaknesses that need to be addressed:

  • Dependency on key customers for significant portions of revenue
  • Relatively high debt levels compared to industry peers
  • Limited geographical diversification in some product segments
  • Higher production costs impacting profitability in certain regions

Opportunities

Ashland Inc can leverage the following opportunities to drive growth and expansion:

  • Emerging markets offer untapped growth potential
  • Increasing demand for sustainable and eco-friendly products
  • Expansion through strategic acquisitions and partnerships
  • Growing emphasis on research and development in the industry

Threats

Ashland Inc must be mindful of the following threats that could impact its business:

  • Intense competition from existing and new players in the market
  • Economic downturns affecting customer spending power and demand
  • Stringent regulations and compliance requirements
  • Fluctuating raw material prices impacting overall costs

Ashland Segments

Ashland Revenue by Segment (1/5)

  • 3 Years

  • 5 Years

  • Max

One of the world's largest producers of cellulose ethers. It provides specialty additives and functional ingredients that primarily manage the physical properties of water-based systems. Many of its products are derived from renewable and natural raw materials and perform in a wide variety of applications
Specialty Ingredients
Valvoline
Composites
Performance Materials
Life sciences
Personal care
Specialty additives
Intermediates and Solvents
Details
Date
One of the world's largest producers of cellulose ethers. It provides specialty additives and functional ingredients that primarily manage the physical properties of water-based systems. Many of its products are derived from renewable and natural raw materials and perform in a wide variety of applications
Specialty Ingredients
Valvoline
Composites
Performance Materials
Life sciences
Personal care
Specialty additives
Intermediates and Solvents
Jan 1, 2017
0.00 USD
2.22 B USD
0.00 USD
779.00 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
265.00 M USD
Jan 1, 2018
2.47 B USD
0.00 USD
0.00 USD
942.00 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
331.00 M USD
Jan 1, 2020
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
589.00 M USD
0.00 USD
Jan 1, 2021
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
655.00 M USD
0.00 USD
Jan 1, 2022
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
719.00 M USD
0.00 USD
Jan 1, 2023
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
600.00 M USD
0.00 USD
Jan 1, 2024
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
572.00 M USD
0.00 USD
Jan 1, 2025
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
641.00 M USD
577.00 M USD
511.00 M USD
0.00 USD

Ashland Revenue by Segment (2/5)

  • 3 Years

  • 5 Years

  • Max

Life sciences
Personal care
Personal care and household
Intermediates and Solvents
Performance adhesives
Intermediates
Details
Date
Life sciences
Personal care
Personal care and household
Intermediates and Solvents
Performance adhesives
Intermediates
Jan 1, 2017
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2018
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2020
708.00 M USD
0.00 USD
615.00 M USD
129.00 M USD
310.00 M USD
0.00 USD
Jan 1, 2021
737.00 M USD
0.00 USD
592.00 M USD
178.00 M USD
0.00 USD
0.00 USD
Jan 1, 2022
815.00 M USD
678.00 M USD
0.00 USD
0.00 USD
0.00 USD
256.00 M USD
Jan 1, 2023
869.00 M USD
598.00 M USD
0.00 USD
0.00 USD
0.00 USD
185.00 M USD
Jan 1, 2024
810.00 M USD
634.00 M USD
0.00 USD
0.00 USD
0.00 USD
144.00 M USD
Jan 1, 2025
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
137.00 M USD

Ashland Revenue by Segment (3/5)

  • 3 Years

  • Max

Intermediates
Details
Date
Intermediates
Jan 1, 2017
0.00 USD
Jan 1, 2018
0.00 USD
Jan 1, 2020
0.00 USD
Jan 1, 2021
0.00 USD
Jan 1, 2022
256.00 M USD
Jan 1, 2023
0.00 USD
Jan 1, 2024
0.00 USD
Jan 1, 2025
0.00 USD

Ashland Revenue by Segment (4/5)

  • 3 Years

  • Max

Personal Care
Details
Date
Personal Care
Jan 1, 2017
0.00 USD
Jan 1, 2018
0.00 USD
Jan 1, 2020
0.00 USD
Jan 1, 2021
0.00 USD
Jan 1, 2022
678.00 M USD
Jan 1, 2023
0.00 USD
Jan 1, 2024
0.00 USD
Jan 1, 2025
0.00 USD

Ashland Revenue by Segment (5/5)

  • 3 Years

  • 5 Years

  • Max

Consumer specialties
Industrial Specialties
Details
Date
Consumer specialties
Industrial Specialties
Jan 1, 2017
0.00 USD
0.00 USD
Jan 1, 2018
0.00 USD
0.00 USD
Jan 1, 2020
1.32 B USD
899.00 M USD
Jan 1, 2021
0.00 USD
0.00 USD
Jan 1, 2022
0.00 USD
0.00 USD
Jan 1, 2023
0.00 USD
0.00 USD
Jan 1, 2024
0.00 USD
0.00 USD
Jan 1, 2025
0.00 USD
0.00 USD

Ashland Revenue by Region

  • 3 Years

  • 5 Years

  • Max

International
Other Countries
United States Pension Plans of US Entity, Defined Benefit
United States
North America
Europe
Asia Pacific
Latin america and other
Latin America & Other
Details
Date
International
Other Countries
United States Pension Plans of US Entity, Defined Benefit
United States
North America
Europe
Asia Pacific
Latin america and other
Latin America & Other
Jan 1, 2018
0.00 USD
2.32 B USD
1.42 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2020
1.45 B USD
0.00 USD
878.00 M USD
0.00 USD
73.00 M USD
24.00 M USD
26.00 M USD
6.00 M USD
0.00 USD
Jan 1, 2021
1.47 B USD
0.00 USD
0.00 USD
637.00 M USD
114.00 M USD
28.00 M USD
29.00 M USD
7.00 M USD
0.00 USD
Jan 1, 2022
1.66 B USD
0.00 USD
0.00 USD
731.00 M USD
163.00 M USD
39.00 M USD
43.00 M USD
0.00 USD
11.00 M USD
Jan 1, 2023
0.00 USD
1.56 B USD
0.00 USD
634.00 M USD
128.00 M USD
27.00 M USD
22.00 M USD
8.00 M USD
0.00 USD
Jan 1, 2024
1.49 B USD
0.00 USD
0.00 USD
624.00 M USD
103.00 M USD
21.00 M USD
16.00 M USD
0.00 USD
4.00 M USD
Jan 1, 2025
0.00 USD
1.36 B USD
0.00 USD
464.00 M USD
90.00 M USD
26.00 M USD
14.00 M USD
7.00 M USD
0.00 USD

Ashland Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Ashland historical P/E ratio, EBIT multiple, and P/S ratio

Ashland annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Ashland shares outstanding

The number of shares of Ashland was 46 M in 2025. This indicates how many shares Ashland is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2020
61.00 M Stocks
Jan 1, 2021
58.00 M Stocks
Jan 1, 2022
55.00 M Stocks
Jan 1, 2023
51.00 M Stocks
Jan 1, 2024
47.00 M Stocks
Jan 1, 2025
46.00 M Stocks
Jan 1, 2026 (e)
46.00 M Stocks
Jan 1, 2027 (e)
46.00 M Stocks

Ashland Dividend History

37 years of dividend payments · 7 consecutive increases

YearAnnual DividendYoY ChangePayments
20260.42USDYTD
Feb 27, 20260.42USD 0.0%1/1
20251.65USD 3.1%
Feb 28, 20250.41USD 0.0%1/4
May 30, 20250.42USD 2.5%2/4
Aug 29, 20250.42USD 0.0%3/4
Dec 1, 20250.42USD 0.0%4/4
20241.60USD 7.4%
20231.49USD 14.2%
20221.31USD 11.1%
20211.18USD 6.8%
20201.10USD 2.3%
20191.08USD 10.3%
20180.98USD 8.5%
20171.07USD 31.7%

Ashland dividend history and estimates

In 2025, Ashland paid a dividend amounting to 1.65 USD. Dividend means that Ashland distributes a portion of its profits to its owners.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Special dividend
Jan 1, 2020
1.10 USD
0.00 USD
0.00 USD
Jan 1, 2021
1.18 USD
0.00 USD
0.00 USD
Jan 1, 2022
1.31 USD
0.00 USD
0.00 USD
Jan 1, 2023
1.49 USD
0.00 USD
0.00 USD
Jan 1, 2024
1.60 USD
0.00 USD
0.00 USD
Jan 1, 2025
1.65 USD
0.00 USD
0.00 USD
Jan 1, 2026 (e)
0.83 USD
0.83 USD
0.00 USD
Jan 1, 2027 (e)
0.00 USD
1.80 USD
0.00 USD

Ashland dividend payout ratio

In 2025, Ashland had a payout ratio of -8.98%. The payout ratio indicates the percentage of the company's profits that Ashland distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2020
-13.21 %
Jan 1, 2021
30.98 %
Jan 1, 2022
7.74 %
Jan 1, 2023
42.69 %
Jan 1, 2024
44.50 %
Jan 1, 2025
-8.98 %
Jan 1, 2026 (e)
46.55 %
Jan 1, 2027 (e)
42.22 %

Current Ashland forecasts and price targets in July 2026

Analyst Price Targets 2026
Δ MOM Price Target
3.47 %
Buy70.59 % (12)
Hold29.41 % (5)
Sell0.00 % (0)
12M Price Target
71.40
Last Price
66.56
Currency
USD
12M Return Potential
7.27 %
LTM Return
0 %

Ashland Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
7/28/20261.03USD491.05 MUSD2026 Q3
5/5/20260.96USD490.87 MUSD2026 Q2
4/28/20260.97USD491.21 MUSD2026 Q2
2/3/20260.26USD406.03 MUSD2026 Q1
2/2/20260.26USD406.03 MUSD2026 Q1
1/26/20260.26USD406.03 MUSD2026 Q1
11/6/20241.44USD572.87 MUSD2024 Q4
4/30/20241.02USD565.50 MUSD2024 Q2
1/29/20240.19USD482.35 MUSD2024 Q1
11/7/20221.43USD637.15 MUSD2022 Q4

EESG©

Eulerpool ESG Scorecard© for the Ashland stock

80/100
76
Environment
99
Social
66
Governance
E

Environment

20
Scope 1 - Direct Emissions331,192
Scope 2 - Indirect emissions from purchased energy243,753
Scope 3 - Indirect emissions within the value chain705,365
Total CO₂ emissions574,945
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees31
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Ashland shareholder structure

% Name
9.84762%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
8.06453%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
5.83942%
MFS Investment Management
MFS Investment Management
5.70652%
Standard Investments LLC
Standard Investments LLC
4.92788%
AQR Capital Management, LLC
AQR Capital Management, LLC
4.84409%
Dimensional Fund Advisors, L.P.
Dimensional Fund Advisors, L.P.
...

Ashland Executives and Management Board

GN

Mr. Guillermo Novo

(63)

Chairman of the Board, Chief Executive Officer · since 2019

Compensation7.91 M USD
WW

Mr. William Whitaker

(37)

Chief Financial Officer, Senior Vice President

Compensation2.35 M USD
AA

Ms. Alessandra Assis

(47)

Senior Vice President, General Manager - Life Sciences and Intermediates

Compensation2.09 M USD
OM

Dr. Osama Musa

(57)

Senior Vice President, Chief Technology Officer · since 2018

Compensation1.74 M USD
JM

Mr. James Minicucci

(43)

Senior Vice President, General Manager - Personal Care

Compensation1.42 M USD

Ashland Supply Chain

Ashland Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
9 companies
#Name1M3M6M1Y2YTrend
1
0.42
-0.70
-0.45
0.55
0.85
2
Time Technoplast
Supplier
0.10
0.61
0.28
0.04
0.78
3
Universal
Supplier
-0.30
0.61
0.12
0.24
0.68
4
0.57
-0.40
-0.32
-0.62
0.55
5
0.43
0.45
-0.08
0.32
0.49
#Name1M3M6M1Y2YTrend
1
Hexion Holdings Corp.
Supplier
-0.17
0.65
-0.23
0.53
2
-0.38
-0.68
0
-0.61
-0.63
3
0.82
0.56
0.16
0.39
-0.11

Frequently asked questions about Ashland

The business model of Ashland Inc, a global specialty chemicals company, focuses on providing innovative technologies and solutions to customers across various industries. Ashland operates through two primary segments: Specialty Ingredients and Intermediates and Solvents. The company offers a diverse portfolio of products, including adhesives, coatings, personal care ingredients, pharmaceutical excipients, and more. Ashland leverages its technical expertise and deep industry knowledge to deliver high-quality products that meet the unique needs of its customers. Through its commitment to sustainability and collaboration, Ashland aims to drive growth and create value for all stakeholders.

All fundamentals and in-depth analysis of Ashland

Our stock analysis for Ashland stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Ashland. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.