Ashland (ASH) vs Calumet (CLMT)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Calumet (CLMT) has outperformed Ashland (ASH) over the past year, gaining 208.1% versus a gain of 48.8%. Over five years, CLMT leads with a +435.6% price change compared with -26.2% for ASH. Calumet is the larger company by market cap ($4.95 billion vs $3.24 billion), about 1.5 times the size.
On valuation, Ashland trades at a lower forward P/E (16.4x vs 89.3x for Calumet). Ashland pays a dividend yielding 2.36%, while Calumet does not currently pay one. Calumet converts more of its revenue into profit, with a net margin of -0.8% versus -46.3%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ASH | CLMT |
|---|---|---|
| Share price | $70.67 | $56.29 |
| Market cap | $3.24B | $4.95B |
| 1-day change | -0.42% | +0.14% |
| YTD return | +20.45% | +183.29% |
| 1-year return | +48.81% | +208.10% |
| 5-year return | -26.19% | +435.59% |
| P/E ratio (TTM) | 45.30 | — |
| Forward P/E | 16.43 | 89.35 |
| EPS (TTM) | $1.56 | $-1.55 |
| Dividend yield | 2.36% | 0.00% |
| Annual dividend | $1.67 | $0.00 |
| Revenue (latest FY) | $1.82B | $4.14B |
| Revenue growth (YoY) | -13.68% | -1.25% |
| Net income (latest FY) | $-845.00M | $-33.80M |
| Gross margin | 30.10% | 5.94% |
| Operating margin | -42.49% | 2.63% |
| Net margin | -46.33% | -0.82% |
| 52-week high | $78.25 | $59.87 |
| 52-week low | $47.12 | $17.42 |
| Distance from 52-week high | -9.69% | -5.98% |
| Analyst consensus | buy | none |
| Avg. price target upside | +13.07% | -5.13% |
| Average volume | 681.71K | 1.34M |
| Shares outstanding | 45.79M | 87.90M |
| Employees | 2,900 | 1,540 |
| Sector | Consumer Discretionary | Energy |
| Industry | Specialty Chemicals | Integrated oil Companies |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- CLMT has outperformed ASH by 159.3 percentage points over the past year.
- Ashland offers a meaningfully higher dividend yield (2.36% vs 0.00%).
- Calumet is more profitable, keeping -0.8 cents of every revenue dollar as net income versus -46.3 cents for Ashland.
- Calumet grew revenue faster in its latest fiscal year (-1.25% vs -13.68%).
- The two companies sit in different sectors: Ashland in Consumer Discretionary and Calumet in Energy.
About Ashland
ASH stock →Ashland Inc. provides additives and specialty ingredients in the North and Latin America, Europe, Asia Pacific, and internationally.
Consumer Discretionary · Specialty Chemicals · 2,900 employees
About Calumet
CLMT stock →Calumet, Inc. manufactures, formulates, and markets a slate of specialty branded products and renewable fuels in North America and internationally.
Energy · Integrated oil Companies · 1,540 employees
ASH vs CLMT FAQ
Which is bigger, Ashland or Calumet?
Calumet (CLMT) is larger, with a market capitalization of $4.95B compared with $3.24B for Ashland (ASH).
Which stock has performed better over the past year, ASH or CLMT?
CLMT returned +208.10% over the past 12 months, compared with +48.81% for ASH (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Ashland or Calumet?
Ashland pays a dividend yielding 2.36%, while Calumet does not currently pay a regular dividend.
Are Ashland and Calumet in the same industry?
No. Ashland is in the Consumer Discretionary sector, while Calumet is in Energy.