Ashland (ASH) Operating Margin (2015 - 2026)
Ashland's (ASH) quarterly Operating Margin came in at 8.09% in Q1 2026, down 256.0% year-on-year from 5.19% in Q1 2025, and up 620.54% quarter-over-quarter from 1.55% in Q4 2025.
Ashland (ASH) Operating Margin (2015 - 2026) Analysis & Trends
Ashland has disclosed Operating Margin across 12 years of filings, most recently posting 8.09% for Q1 2026.
- Operating Margin for Q1 2026 came in at 8.09%, down 256.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 33.96% (down 2693.0% YoY), and the FY2025 annual result 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.
- The 5-year median for Operating Margin is 8.09% (2026), against an average of 6.97%.
- Peak annual rise in Operating Margin reached 4264 bps in 2025, while the deepest fall reached 14170 bps in 2025.
- Ashland's Operating Margin stood at 7.05% in 2022, then plunged by 154 bps to 3.81% in 2023, then slumped by 1061 bps to 44.2% in 2024, then soared by 96 bps to 1.55% in 2025, then surged by 621 bps to 8.09% in 2026.
- The last three Operating Margin figures came in at 8.09% (Q1 2026), 1.55% (Q4 2025), and 12.79% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.64 Bn | 233.69 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 | 78.87 Bn | 78.66 Bn | 2.78 Bn | 14.31% |
| 4 | Ecolab | 76.59 Bn | 75.97 Bn | 1.85 Bn | 16.97% |
| 5 | Air Products & Chemicals | 62.39 Bn | 63.94 Bn | 987.40 Mn | 23.73% |
| 6 | Ppg Industries | 26.44 Bn | 24.97 Bn | 1.66 Bn | 14.05% |
| 7 | International Flavors & Fragrances | 19.67 Bn | 19.14 Bn | 1.02 Bn | 9.96% |
| 8 | DuPont de Nemours | 19.57 Bn | 19.68 Bn | 602.00 Mn | 17.85% |
| 9 | LyondellBasell Industries | 19.28 Bn | 19.39 Bn | 701.00 Mn | 3.32% |
| 10 | Ashland | 3,118.57 | -343.00 Mn | 147.00 Mn | 8.09% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |