Ashland (ASH) Gross Margin (2015 - 2026)

Ashland (ASH) reported Gross Margin of 30.5% for Q1 2026, down 19.0% on a YoY basis from 37.65% in Q1 2025, and up 12.12% sequentially from 27.2% in Q4 2025.

Ashland (ASH) Gross Margin (2015 - 2026) Analysis & Trends

Ashland (ASH) has 12 years of Gross Margin data on file, last reported at 30.5% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin fell 19.0% year-over-year to 30.5%; the trailing twelve-month figure through Mar 2026 stood at 30.03% (down 166.0% YoY), and the FY2025 full-year result was 30.1%, up 85.0% from the prior year.
  • Gross Margin grew to 30.5% in Q1 2026, from 27.2% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 37.27% in Q2 2022 to a low of 20.72% in Q4 2023.
  • A 5-year average of 30.72% and a median of 31.43% in 2022 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin tumbled 1071 bps in 2023 and jumped 858 bps in 2024, its largest moves.
  • Tracing ASH's Gross Margin over 5 years: stood at 31.43% in 2022, then tumbled by 34 bps to 20.72% in 2023, then jumped by 32 bps to 27.41% in 2024, then slipped by 1 bps to 27.2% in 2025, then gained by 12 bps to 30.5% in 2026.
  • Business Quant data shows ASH's Gross Margin at 30.5% in Q1 2026, 27.2% in Q4 2025, and 33.33% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Linde 234.96 Bn 231.01 Bn 4.26 Bn 48.49%
2 Sherwin Williams 76.59 Bn 76.37 Bn 2.78 Bn 49.07%
3 Ecolab 74.26 Bn 73.64 Bn 1.85 Bn 44.03%
4 Air Products & Chemicals 73.40 Bn 74.95 Bn 987.40 Mn 31.13%
5 Ppg Industries 25.35 Bn 23.87 Bn 1.66 Bn 42.11%
6 LyondellBasell Industries 22.96 Bn 20.44 Bn 701.00 Mn 9.74%
7 Chemical & Mining Co Of Chile 19.81 Bn 18.30 Bn 778.60 Mn 44.24%
8 International Flavors & Fragrances 18.89 Bn 18.36 Bn 1.02 Bn 37.14%
9 DuPont de Nemours 18.77 Bn 18.88 Bn 602.00 Mn 35.81%
10 Ashland 3,060.84 -343.00 Mn 147.00 Mn 30.50%

Historic Data

Download Data
DateValue
Mar 31, 2026 30.50%
Dec 31, 2025 27.20%
Sep 30, 2025 33.33%
Jun 30, 2025 28.51%
Mar 31, 2025 30.69%
Dec 31, 2024 27.41%
Sep 30, 2024 33.33%
Jun 30, 2024 34.19%
Mar 31, 2024 28.00%
Dec 31, 2023 20.72%
Sep 30, 2023 24.76%
Jun 30, 2023 32.60%
Mar 31, 2023 32.67%
Dec 31, 2022 31.43%
Sep 30, 2022 33.23%
Jun 30, 2022 37.27%
Mar 31, 2022 36.42%
Dec 31, 2021 31.45%
Sep 30, 2021 32.15%
Jun 30, 2021 31.86%