Ashland price to free cash flow ASH

Market value divided by free cash flow over the last twelve months, since 2017.

Today, Oct 23, 2026: 13.4×
9-year median: 29.6×
Against its 9-year history: 17th; percentile: 0 is its lowest day, 100 its highest
9-year range: 9.7× to 197×
Peer median: 14.5×

Ashland's price to free cash flow is 13.4× as of Oct 23, 2026.

That is below its 9-year median of 29.6×, lower than on 83% of days in the last 9 years.

Over that time it ranged from 9.7× in May 2026 to 197× in Feb 2023.

The median for 10 food Distribution stocks of a similar size is 14.5×.

Price to free cash flow over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	13.4×	9.7×	80.4×
2025	75.8×	10.0×	75.8×
2024	10.4×	10.4×	33.6×
2023	34.9×	19.0×	197×
2022	72.8×	15.0×	76.9×
2021	17.0×	11.5×	30.0×
2020	27.4×	25.9×	92.3×
2019	62.2×	28.5×	62.2×
2018	27.6×	26.4×	136×
2017	79.3×	12.4×	81.9×

Against its peers

Companies in Food Distribution nearest Ashland's size, closest first, today.

Company	Price to free cash flow
ASHAshland	13.4×
SEBSeaboard	n/m
CENTCentral Garden & Pet	8.2×
UNFIUnited Natural Foods	8.8×
HWKNHawkins	30.1×
CHEFChefs' Warehouse	34.3×
ANDEAndersons	38.8×
DPZDominos Pizza	16.2×
UVVUniversal	6.0×
CAPLCrossAmerica Partners	9.3×
PFGCPerformance Food	14.5×
Peer median	14.5×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Ashland

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.