Growth Metrics

Ashland (ASH) Gross Margin (2015 - 2026)

Ashland recorded quarterly Gross Margin of 30.5% in Q1 2026, up 12.12% quarter-over-quarter from 27.2% in Q4 2025, and down 19.0% year-over-year from 37.65% in Q1 2025.

Ashland's Gross Margin history runs 12 years deep, the most recent figure standing at 30.5% for Q1 2026.

  • In Q1 2026, Gross Margin fell 19.0% year-over-year to 30.5%; the TTM figure through Mar 2026 stood at 30.03% (down 166.0% YoY), while the FY2025 annual figure was 30.1%, up 85.0% from the prior year.
  • Gross Margin came in at 30.5% for Q1 2026 at Ashland, up 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 plunged 1071 bps in 2023 and surged 858 bps in 2024, its largest moves.
  • Ashland's Gross Margin stood at 31.43% in 2022, then sank by 34 bps to 20.72% in 2023, then soared by 32 bps to 27.41% in 2024, then declined by 1 bps to 27.2% in 2025, then climbed by 12 bps to 30.5% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 30.5%, 27.2%, and 33.33% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Linde 230.79 Bn 226.84 Bn 4.26 Bn 48.49%
2 Chemical & Mining Co Of Chile 127.66 Bn 124.93 Bn 778.60 Mn 44.24%
3 Sherwin Williams 72.51 Bn 72.30 Bn 2.78 Bn 49.07%
4 Ecolab 70.96 Bn 70.34 Bn 1.85 Bn 44.03%
5 Air Products & Chemicals 62.15 Bn 63.70 Bn 987.40 Mn 31.13%
6 Ppg Industries 25.04 Bn 23.57 Bn 1.66 Bn 42.11%
7 LyondellBasell Industries 21.62 Bn 21.73 Bn 701.00 Mn 9.74%
8 Albemarle 20.26 Bn 19.42 Bn 500.97 Mn 35.06%
9 DuPont de Nemours 19.45 Bn 19.56 Bn 602.00 Mn 35.81%
10 Ashland 2,658.80 -343.00 Mn 147.00 Mn 30.50%

Historic Data

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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%
Mar 31, 2021 31.43%
Dec 31, 2020 31.41%
Sep 30, 2020 17.73%
Jun 30, 2020 34.15%
Mar 31, 2020 32.30%
Dec 31, 2019 28.71%
Sep 30, 2019 35.61%
Jun 30, 2019 32.29%
Mar 31, 2019 29.69%
Dec 31, 2018 26.39%
Sep 30, 2018 34.63%
Jun 30, 2018 34.28%
Mar 31, 2018 33.18%
Dec 31, 2017 30.81%
Sep 30, 2017 -109.86%
Jun 30, 2017 27.01%
Mar 31, 2017 28.29%
Dec 31, 2016 26.85%
Sep 30, 2016 26.92%
Jun 30, 2016 29.87%
Mar 31, 2016 34.00%
Dec 31, 2015 33.71%