TTM
4.3%
YoY change
−41.26pp
Trough year (2025)
-42.5%
Peak year (2013)
17.1%
Latest annual
-42.5%
Operating Margin history chart for Ashland (ASH) from 1985 to 2025
Latest: -42.5%
Operating Margin change chart for Ashland (ASH) from 1985 to 2025
Latest: −41.26pp
Operating Margin history table for Ashland (ASH) from 1985 to 2025
| 2025 | -42.5% | -41.26pp | ||
| 2024 | -1.2% | -9.08pp | ||
| 2023 | 7.9% | -6.08pp | ||
| 2022 | 13.9% | +4.83pp | ||
| 2021 | 9.1% | +31.96pp | ||
| 2020 | -22.9% | -26.87pp | ||
| 2019 | 4.0% | +0.06pp | ||
| 2018 | 3.9% | +1.82pp | ||
| 2017 | 2.1% | +3.78pp | ||
| 2016 | -1.7% | -4.93pp | ||
| 2015 | 3.3% | +2.52pp | ||
| 2014 | 0.8% | -16.31pp | ||
| 2013 | 17.1% | +12.72pp | ||
| 2012 | 4.3% | +2.34pp | ||
| 2011 | 2.0% | -1.50pp | ||
| 2010 | 3.5% | +4.46pp | ||
| 2009 | -1.0% | -3.27pp | ||
| 2008 | 2.3% | -0.51pp | ||
| 2007 | 2.8% | +0.39pp | ||
| 2006 | 2.4% | +0.95pp | ||
| 2005 | 1.5% | -1.46pp | ||
| 2004 | 2.9% | -0.43pp | ||
| 2003 | 3.4% | -0.85pp | ||
| 2002 | 4.2% | -5.74pp | ||
| 2001 | 10.0% | +7.49pp | ||
| 2000 | 2.5% | -0.08pp | ||
| 1999 | 2.5% | +1.81pp | ||
| 1998 | 0.7% | -1.86pp | ||
| 1997 | 2.6% | +0.30pp | ||
| 1996 | 2.3% | +1.17pp | ||
| 1995 | 1.1% | -2.25pp | ||
| 1994 | 3.4% | +0.87pp | ||
| 1993 | 2.5% | +3.58pp | ||
| 1992 | -1.1% | -3.64pp | ||
| 1991 | 2.6% | -0.69pp | ||
| 1990 | 3.3% | +1.02pp | ||
| 1989 | 2.2% | -1.45pp | ||
| 1988 | 3.7% | +1.56pp | ||
| 1987 | 2.1% | -3.33pp | ||
| 1986 | 5.5% | +1.69pp | ||
| 1985 | 3.8% | — |
- 2025-42.5%-41.26pp
- 2024-1.2%-9.08pp
- 20237.9%-6.08pp
- 202213.9%+4.83pp
- 20219.1%+31.96pp
- 2020-22.9%-26.87pp
- 20194.0%+0.06pp
- 20183.9%+1.82pp
- 20172.1%+3.78pp
- 2016-1.7%-4.93pp
- 20153.3%+2.52pp
- 20140.8%-16.31pp
- 201317.1%+12.72pp
- 20124.3%+2.34pp
- 20112.0%-1.50pp
- 20103.5%+4.46pp
- 2009-1.0%-3.27pp
- 20082.3%-0.51pp
- 20072.8%+0.39pp
- 20062.4%+0.95pp
- 20051.5%-1.46pp
- 20042.9%-0.43pp
- 20033.4%-0.85pp
- 20024.2%-5.74pp
- 200110.0%+7.49pp
- 20002.5%-0.08pp
- 19992.5%+1.81pp
- 19980.7%-1.86pp
- 19972.6%+0.30pp
- 19962.3%+1.17pp
- 19951.1%-2.25pp
- 19943.4%+0.87pp
- 19932.5%+3.58pp
- 1992-1.1%-3.64pp
- 19912.6%-0.69pp
- 19903.3%+1.02pp
- 19892.2%-1.45pp
- 19883.7%+1.56pp
- 19872.1%-3.33pp
- 19865.5%+1.69pp
- 19853.8%—
Operating Margin values are taken from Ashland's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at Ashland (ASH)
According to Ashland's latest reported financial statements, the company's latest reported operating margin is 4.3%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Ashland (ASH) most recent annual operating margin stands at -42.49% (2025) – contracted 41.3 percentage points year-over-year.
The highest annual operating margin of 17.06% was reported in 2013. The lowest in the available history was -42.49% in 2025.
Ashland Operating Margin by Year
Ashland Operating Margin 2025: -42.5%
Ashland operating margin in 2025 was -42.49%, contracted 41.3 percentage points from 2024. This figure represents the lowest annual value in the available history.
Ashland Operating Margin 2024: -1.2%
2024's operating margin for Ashland came in at -1.23%, contracted 9.1 percentage points from 2023.
Ashland Operating Margin 2023: 7.9%
Ashland posted operating margin of 7.85% in 2023, contracted 6.1 percentage points from 2022.
Ashland Operating Margin 2022: 13.9%
In 2022, Ashland reported operating margin of 13.93%, expanded 4.8 percentage points from 2021.
Ashland Operating Margin 2021: 9.1%
Ashland operating margin in 2021 was 9.10%.
See more financial history for Ashland (ASH).
Sector peers by Operating Margin
Basic Materials peers of Ashland (ASH), ranked by their latest operating margin
| 56.9% | |
| 54.6% | |
| 52.6% | |
| 28.8% | |
| 27.8% | |
| 17.5% | |
| 16.1% | |
| 13.2% |
- 52.6%
- 28.8%
- 17.5%
- 13.2%
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