Background: Cardiovascular disease is the leading cause of mortality in postmenopausal women. Follicle‐stimulating hormone ( FSH ) shows negative associations with obesity and diabetes mellitus in postmenopausal women. We aimed to study the associations between FSH and 10‐year risk of atherosclerotic cardiovascular disease ( ASCVD ) in postmenopausal women. Methods and Results: SPECT ‐China (the Survey on Prevalence in East China for Metabolic Diseases and Risk Factors) is a 22‐site, population‐based study conducted during 2014–2015. This study included 2658 postmenopausal women. A newly developed effective tool for 10‐year ASCVD risk prediction among Chinese was adopted. Regression analyses were performed to assess the relationship among FSH , 10‐year ASCVD risk, and multiple cardiometabolic risk factors. With the increase in FSH quartiles, the mean 10‐year ASCVD risk in postmenopausal women decreased from 4.9% to 3.3%, and most metabolic parameters were significantly ameliorated (all P for trend <0.05). In regression analyses, a 1‐ SD increment in ln‐ FSH was negatively associated with continuous (B −0.12, 95% confidence interval, −0.16, −0.09, P <0.05) and categorical (odds ratio 0.65, 95% confidence interval, 0.49, 0.85, P <0.05) 10‐year ASCVD risk. These significant associations existed in subgroups with or without medication use, obesity, diabetes mellitus, hypertension, and dyslipidemia. Body mass index and waist circumference (both B −0.35, 95% confidence interval, −0.40, −0.30, P <0.05) had the largest associations of all metabolic measures, and blood pressure had the smallest association. Conclusions: Serum FSH levels were negatively associated with 10‐year ASCVD risk in postmenopausal women. Among cardiometabolic factors, obesity indices had the largest associations with FSH . These results indicated that a low FSH might be a risk factor or a biomarker for cardiovascular disease risk in postmenopausal women.