Ashland Inc.
ASH Basic Materials Specialty Chemicals
Ashland Inc.’s revenue for fiscal 2026 (year ended September 2026) was $1.9 billion, up 2.14% from fiscal 2025.
- Revenue
- +4.40%
- EPS
- +102.2%
- Free cash flow
- +400.0%
- Total debt
- −0.94%
Quarter to September 2026, against a year earlier
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Ashland Inc. (ASH) Operating margin
Ashland Inc.'s operating margin over the twelve months to 30 September 2026 was 5.64%. Over the past ten years it has ranged from −42.5% (fiscal 2025) to 13.9% (fiscal 2022); the current reading is higher than 75% of that period. That is in line with the Specialty Chemicals industry median of 5.64% and above the Basic Materials sector median of 2.88%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2026 | 5.64% | 48.13 |
| FY2025 | −42.5% | (41.26) |
| FY2024 | −1.23% | (9.08) |
| FY2023 | 7.85% | (6.08) |
| FY2022 | 13.9% | 4.83 |
| FY2021 | 9.10% | 31.97 |
| FY2020 | −22.9% | (26.87) |
| FY2019 | 4.00% | 0.06 |
| FY2018 | 3.94% | 1.82 |
| FY2017 | 2.12% | 3.78 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 5.82% | (2.83) |
| Jun 2026 | 8.65% | 0.56 |
| Mar 2026 | 8.09% | 9.64 |
| Dec 2025 | −1.55% | (14.34) |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| WDFC WD-40 Company compare | 15.8% |
| PRM Perimeter Solutions, SA compare | 14.5% |
| CBT Cabot Corporation compare | 12.7% |
| HWKN Hawkins, Inc. compare | 11.1% |
| FUL H. B. Fuller Company compare | 10.7% |
| AVNT Avient Corporation compare | 9.67% |
| KWR Quaker Houghton compare | 7.61% |
| ASH Ashland Inc. | 5.64% |
| CLMT Calumet, Inc. compare | 1.03% |
| Specialty Chemicals industry median | 5.64% |
| Basic Materials sector median | 2.88% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on ASH
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Beneish M-score
- The full statement