Ashland (ASH) Gross Margin (2015 - 2026)
Ashland's (ASH) quarterly Gross Margin came in at 30.5% in Q1 2026, down 19.0% year-on-year from 37.65% in Q1 2025, and up 12.12% quarter-over-quarter from 27.2% in Q4 2025.
Ashland (ASH) Gross Margin (2015 - 2026) Analysis & Trends
Ashland has disclosed Gross Margin across 12 years of filings, most recently posting 30.5% for Q1 2026.
- Gross Margin for Q1 2026 came in at 30.5%, down 19.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 30.03% (down 166.0% YoY), and the FY2025 annual result 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.
- The 5-year median for Gross Margin is 31.43% (2022), against an average of 30.72%.
- Across the five-year window, Gross Margin sank 1071 bps in 2023 and jumped 858 bps in 2024, its largest moves.
- Ashland's Gross Margin stood at 31.43% in 2022, then slumped by 34 bps to 20.72% in 2023, then surged by 32 bps to 27.41% in 2024, then dropped by 1 bps to 27.2% in 2025, then advanced by 12 bps to 30.5% in 2026.
- The last three Gross Margin figures came in at 30.5% (Q1 2026), 27.2% (Q4 2025), and 33.33% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.64 Bn | 233.69 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 | 78.87 Bn | 78.66 Bn | 2.78 Bn | 49.07% |
| 4 | Ecolab | 76.59 Bn | 75.97 Bn | 1.85 Bn | 44.03% |
| 5 | Air Products & Chemicals | 62.39 Bn | 63.94 Bn | 987.40 Mn | 31.13% |
| 6 | Ppg Industries | 26.44 Bn | 24.97 Bn | 1.66 Bn | 42.11% |
| 7 | International Flavors & Fragrances | 19.67 Bn | 19.14 Bn | 1.02 Bn | 37.14% |
| 8 | DuPont de Nemours | 19.57 Bn | 19.68 Bn | 602.00 Mn | 35.81% |
| 9 | LyondellBasell Industries | 19.28 Bn | 19.39 Bn | 701.00 Mn | 9.74% |
| 10 | Ashland | 3,118.57 | -343.00 Mn | 147.00 Mn | 30.50% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |