Growth Metrics

Ashland (ASH) Operating Margin (2015 - 2026)

Ashland recorded quarterly Operating Margin of 8.09% in Q1 2026, up 620.54% quarter-over-quarter from 1.55% in Q4 2025, and down 256.0% year-over-year from 5.19% in Q1 2025.

Ashland's Operating Margin history runs 12 years deep, the most recent figure standing at 8.09% for Q1 2026.

  • In Q1 2026, Operating Margin fell 256.0% year-over-year to 8.09%; the TTM figure through Mar 2026 stood at 33.96% (down 2693.0% YoY), while the FY2025 annual figure was 42.49%, down 4225.0% from the prior year.
  • Operating Margin came in at 8.09% for Q1 2026 at Ashland, up from 1.55% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 17.39% in Q2 2022 to a low of 152.92% in Q2 2025.
  • A 5-year average of 6.97% and a median of 8.09% in 2026 frame the typical range for Operating Margin.
  • On a YoY basis, Operating Margin climbed as much as 4264 bps in 2025 and fell as far as 14170 bps in 2025.
  • Ashland's Operating Margin stood at 7.05% in 2022, then tumbled by 154 bps to 3.81% in 2023, then sank by 1061 bps to 44.2% in 2024, then jumped by 96 bps to 1.55% in 2025, then soared by 621 bps to 8.09% in 2026.
  • According to Business Quant data, Operating Margin over the past three periods registered 8.09%, 1.55%, and 12.79% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Linde 230.79 Bn 226.84 Bn 4.26 Bn 27.78%
2 Chemical & Mining Co Of Chile 127.66 Bn 124.93 Bn 778.60 Mn 47.01%
3 Sherwin Williams 72.51 Bn 72.30 Bn 2.78 Bn 14.31%
4 Ecolab 70.96 Bn 70.34 Bn 1.85 Bn 16.97%
5 Air Products & Chemicals 62.15 Bn 63.70 Bn 987.40 Mn 23.73%
6 Ppg Industries 25.04 Bn 23.57 Bn 1.66 Bn 14.05%
7 LyondellBasell Industries 21.62 Bn 21.73 Bn 701.00 Mn 3.32%
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 17.85%
10 Ashland 2,658.80 -343.00 Mn 147.00 Mn 8.09%

Historic Data

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DateValue
Mar 31, 2026 8.09%
Dec 31, 2025 -1.55%
Sep 30, 2025 12.79%
Jun 30, 2025 -152.92%
Mar 31, 2025 10.65%
Dec 31, 2024 -44.20%
Sep 30, 2024 9.96%
Jun 30, 2024 -11.21%
Mar 31, 2024 3.65%
Dec 31, 2023 -3.81%
Sep 30, 2023 -28.63%
Jun 30, 2023 11.36%
Mar 31, 2023 13.76%
Dec 31, 2022 7.05%
Sep 30, 2022 12.50%
Jun 30, 2022 17.39%
Mar 31, 2022 16.56%
Dec 31, 2021 8.20%
Sep 30, 2021 -14.04%
Jun 30, 2021 8.29%
Mar 31, 2021 9.43%
Dec 31, 2020 3.63%
Sep 30, 2020 94.31%
Jun 30, 2020 8.36%
Mar 31, 2020 -76.72%
Dec 31, 2019 3.19%
Sep 30, 2019 2.27%
Jun 30, 2019 6.71%
Mar 31, 2019 6.60%
Dec 31, 2018 -1.22%
Sep 30, 2018 -14.24%
Jun 30, 2018 4.49%
Mar 31, 2018 9.38%
Dec 31, 2017 0.86%
Sep 30, 2017 245.07%
Jun 30, 2017 4.25%
Mar 31, 2017 6.58%
Dec 31, 2016 2.13%
Sep 30, 2016 -33.42%
Jun 30, 2016 7.22%
Mar 31, 2016 11.79%
Dec 31, 2015 12.98%