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
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%