Ashland (ASH) Gross Margin (2015 - 2026)

Ashland (ASH) posted Gross Margin of 34.21% for Q2 2026, up 12.16% sequentially from 30.5% in Q1 2026, and up 570.0% YoY from 5.11% in Q2 2025.

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

Ashland has reported Gross Margin for 12 years, with the latest figure at 34.21% in Q2 2026.

Quarterly Gross Margin rose 570.0% year-over-year to 34.21% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 31.54% (up 137.0% YoY) and the FY2025 annual result came in at 30.1%, up 85.0% from the prior year.
Gross Margin advanced to 34.21% in Q2 2026 per ASH's latest filing, from 30.5% in the prior quarter.
Over five years, Gross Margin peaked at 37.27% in Q2 2022 and troughed at 20.72% in Q4 2023.
A 5-year average of 30.91% and a median of 32.01% in 2023 frame the typical range for Gross Margin.
The sharpest annual moves came in 2023 and 2024: Gross Margin sank 1071 bps in 2023, then soared 858 bps in 2024.
Over 5 years, Gross Margin stood at 31.43% in 2022, then slumped by 34 bps to 20.72% in 2023, then jumped by 32 bps to 27.41% in 2024, then fell by 1 bps to 27.2% in 2025, then climbed by 26 bps to 34.21% in 2026.
According to Business Quant data, Gross Margin over the past three periods registered 34.21%, 30.5%, and 27.2% for Q2 2026, Q1 2026, and Q4 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Gross Margin (Qtr)
1	Linde	222.77 Bn	217.87 Bn	4.43 Bn	47.67%
2	Sherwin Williams	84.55 Bn	84.26 Bn	3.34 Bn	49.17%
3	Ecolab	78.89 Bn	73.75 Bn	1.95 Bn	44.07%
4	Air Products & Chemicals	66.91 Bn	65.93 Bn	1.04 Bn	32.77%
5	Ppg Industries	25.15 Bn	23.56 Bn	1.81 Bn	40.22%
6	Chemical & Mining Co Of Chile	22.35 Bn	18.48 Bn	778.60 Mn	44.24%
7	LyondellBasell Industries	22.02 Bn	19.39 Bn	2.04 Bn	22.21%
8	International Flavors & Fragrances	21.27 Bn	20.70 Bn	853.00 Mn	43.65%
9	DuPont de Nemours	18.86 Bn	17.12 Bn	639.00 Mn	35.13%
10	Ashland	3.35 Bn	2.91 Bn	170.00 Mn	34.21%

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