TOTAL REV $7.01M
TOTAL EXP $7.01M
NET $0

Investment Profile · FY 2019

Ashland University

Ashland, Ohio · NCAA Division II with football · Private nonprofit, 4-year or above · Enrollment 2,598

ZIP 44805 · IPEDS unitid 201104

Revenue Percentile (Division)
77th

Key Financial Metrics · 2019

Total Revenue
$7.01M

Total Expenses
$7.01M

Net Result
$0

Unique Athletes
241

Revenue & Expense Trend (2015–2019)

20152016201720182019

Revenue
Expenses

Gender Investment Allocation

Men’s programs 65%Women’s programs 35%

$4.55M
$2.45M

Enrollment Trend (2015–2019)

20152016201720182019

Total
Men
Women

Total enrollment grew by 103 (4.1%) from 2015 to 2019.

Sport Program Investment

Revenue by sport

Football

$2.08M

Basketball

$1.13M

All Track Combined

$769.9K

Soccer

$591.7K

Baseball

$466.4K

Volleyball

$448K

Wrestling

$346.7K

Swimming and Diving

$321.4K

Lacrosse

$262.9K

Tennis

$217.8K

Expense by sport

Football

$2.08M

Basketball

$1.13M

All Track Combined

$769.9K

Soccer

$591.7K

Baseball

$466.4K

Volleyball

$448K

Wrestling

$346.7K

Swimming and Diving

$321.4K

Lacrosse

$262.9K

Tennis

$217.8K

Sport-by-sport profile table

Sport Men Women Coed (M/W) Revenue Expense Net
Football 7 123 0 $2.08M $2.08M $0
Basketball 2 25 13 $1.13M $1.13M $0
All Track Combined 3 136 105 $769.9K $769.9K $0
Soccer 15 36 33 $591.7K $591.7K $0
Baseball 1 51 0 $466.4K $466.4K $0
Volleyball 26 0 18 $448K $448K $0
Wrestling 28 34 0 $346.7K $346.7K $0
Swimming and Diving 18 19 22 $321.4K $321.4K $0
Lacrosse 11 0 25 $262.9K $262.9K $0
Tennis 22 8 10 $217.8K $217.8K $0
Softball 16 0 20 $207.8K $207.8K $0
Golf 8 11 5 $169.7K $169.7K $0
Other Sports 29 0 0 35 / 1 $0 $0 $0

Participation & Revenue-per-Athlete

Revenue / Unique Athlete
$29.1K

Athletes Tracked
241

Top Sport Share
Football · 29.7%

Program Count
13

Unique men
136

Unique women
105

Per-sport slots
694

Multi-sport coeff
2.88x

Coed men
35

Coed women
1

The program has 241 unique athletes filling 694 sport roster slots — a 2.88x multi-sport coefficient indicating extensive cross-sport participation.

Division & Classification Context

Classification
NCAA Division II with football
Sector
Private nonprofit, 4-year or above
Total Enrollment
2,598
Revenue Tier
Upper quartile (77th pct.)
Peers in Division
167 schools
Peers in Ohio
68 schools

Peer Benchmark

Peer School State Revenue Net Δ vs. subject
West Texas A & M University TX $6.94M $0 $-65.9K
Seton Hill University PA $7.08M $-1 $73.5K
Quincy University IL $6.92M $246 $-89.3K
Catawba College NC $7.15M $35.2K $140.9K
Saint Anselm College NH $6.79M $237.7K $-220.6K

Financial Ratios & Investment Lens

Metric Value Definition
Subsidy Rate 0.0% Expense shortfall as % of revenue
Revenue / Enrollment $2.7K Athletic revenue per enrolled student
Expense Ratio 100.0% Expenses as % of revenue
Top Sport Share 29.7% Revenue concentration in top program
Division Percentile 77th Revenue rank within NCAA Division II with football

Source: U.S. Department of Education — Equity in Athletics Data Analysis (EADA). Fiscal year 2019. Last updated April 18, 2026.