Ashland Inc. (ASH) stock
ASHNYSEWholesale-Chemicals & Allied ProductsFiscal year ends September 30
Financials through Q3 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 29, 2026Score 6/3025% above fair value
$75.27−1.45 (-1.89%)
Close on Nov 12, 2026Market cap $3.45BP/E –Yield 2.18%
Ashland operating margin
Operating margin is operating income as a percentage of revenue.
Ashland's operating margin for the twelve months ending Jun 30, 2026 was 7.4%. For fiscal 2025 it was -42.5%, against -1.2% the year before. The highest annual figure on record is 13.9% in fiscal 2022.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Sep 30, 2025 | -42.5% | −41.3 |
| FY2024 | Sep 30, 2024 | -1.2% | −9.1 |
| FY2023 | Sep 30, 2023 | 7.9% | −6.1 |
| FY2022 | Sep 30, 2022 | 13.9% | +4.8 |
| FY2021 | Sep 30, 2021 | 9.1% | +32.0 |
| FY2020 | Sep 30, 2020 | -22.9% | −26.9 |
| FY2019 | Sep 30, 2019 | 4.0% | +0.1 |
| FY2018 | Sep 30, 2018 | 3.9% | +1.8 |
| FY2017 | Sep 30, 2017 | 2.1% | +3.8 |
| FY2016 | Sep 30, 2016 | -1.7% | −4.9 |
| FY2015 | Sep 30, 2015 | 3.3% | +2.5 |
| FY2014 | Sep 30, 2014 | 0.8% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
Periods
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026CQ2 2026 | Jun 30, 2026 | 8.7% | +161.6 |
| Q2 FY2026CQ1 2026 | Mar 31, 2026 | 8.1% | −2.6 |
| Q1 FY2026CQ4 2025 | Dec 31, 2025 | -1.6% | +42.6 |
| Q4 FY2025CQ3 2025 | Sep 30, 2025 | 12.8% | +6.8 |
| Q3 FY2025CQ2 2025 | Jun 30, 2025 | -152.9% | −141.7 |
| Q2 FY2025CQ1 2025 | Mar 31, 2025 | 10.6% | +7.0 |
| Q1 FY2025CQ4 2024 | Dec 31, 2024 | -44.2% | −40.4 |
| Q4 FY2024CQ3 2024 | Sep 30, 2024 | 5.9% | +7.9 |
| Q3 FY2024CQ2 2024 | Jun 30, 2024 | -11.2% | −22.6 |
| Q2 FY2024CQ1 2024 | Mar 31, 2024 | 3.7% | −10.1 |
| Q1 FY2024CQ4 2023 | Dec 31, 2023 | -3.8% | −10.9 |
| Q4 FY2023CQ3 2023 | Sep 30, 2023 | -1.9% | −14.4 |
| Q3 FY2023CQ2 2023 | Jun 30, 2023 | 11.4% | −6.0 |
| Q2 FY2023CQ1 2023 | Mar 31, 2023 | 13.8% | −2.8 |
| Q1 FY2023CQ4 2022 | Dec 31, 2022 | 7.0% | −1.2 |
| Q4 FY2022CQ3 2022 | Sep 30, 2022 | 12.5% | −1.2 |
| Q3 FY2022CQ2 2022 | Jun 30, 2022 | 17.4% | +9.1 |
| Q2 FY2022CQ1 2022 | Mar 31, 2022 | 16.6% | +7.1 |
| Q1 FY2022CQ4 2021 | Dec 31, 2021 | 8.2% | +4.6 |
| Q4 FY2021CQ3 2021 | Sep 30, 2021 | 13.7% | +33.1 |
| Q3 FY2021CQ2 2021 | Jun 30, 2021 | 8.3% | −0.1 |
| Q2 FY2021CQ1 2021 | Mar 31, 2021 | 9.4% | +86.2 |
| Q1 FY2021CQ4 2020 | Dec 31, 2020 | 3.6% | +0.4 |
| Q4 FY2020CQ3 2020 | Sep 30, 2020 | -19.4% | −21.7 |
| Q3 FY2020CQ2 2020 | Jun 30, 2020 | 8.4% | +1.7 |
| Q2 FY2020CQ1 2020 | Mar 31, 2020 | -76.7% | −83.3 |
| Q1 FY2020CQ4 2019 | Dec 31, 2019 | 3.2% | +4.4 |
| Q4 FY2019CQ3 2019 | Sep 30, 2019 | 2.3% | +1.7 |
| Q3 FY2019CQ2 2019 | Jun 30, 2019 | 6.7% | +2.2 |
| Q2 FY2019CQ1 2019 | Mar 31, 2019 | 6.6% | −2.8 |
| Q1 FY2019CQ4 2018 | Dec 31, 2018 | -1.2% | −2.1 |
| Q4 FY2018CQ3 2018 | Sep 30, 2018 | 0.6% | +7.0 |
| Q3 FY2018CQ2 2018 | Jun 30, 2018 | 4.5% | +0.2 |
| Q2 FY2018CQ1 2018 | Mar 31, 2018 | 9.4% | +2.8 |
| Q1 FY2018CQ4 2017 | Dec 31, 2017 | 0.9% | −1.3 |
| Q4 FY2017CQ3 2017 | Sep 30, 2017 | -6.4% | +19.4 |
| Q3 FY2017CQ2 2017 | Jun 30, 2017 | 4.3% | – |
| Q2 FY2017CQ1 2017 | Mar 31, 2017 | 6.6% | – |
| Q1 FY2017CQ4 2016 | Dec 31, 2016 | 2.1% | – |
| Q4 FY2016CQ3 2016 | Sep 30, 2016 | -25.7% | – |
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