Ashland Global Holdings Inc (ASH)
Net profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 169,000 | 178,000 | 927,000 | 220,000 | -508,000 |
| Revenue | US$ in thousands | 2,113,000 | 2,191,000 | 2,391,000 | 2,111,000 | 2,016,000 |
| Net profit margin | 8.00% | 8.12% | 38.77% | 10.42% | -25.20% |
September 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $169,000K ÷ $2,113,000K
= 8.00%
The net profit margin of Ashland Global Holdings Inc has displayed fluctuations over the past five years. In 2024, the net profit margin stood at 8.00%, slightly lower compared to 2023 when it was 8.12%. A significant decline was observed in 2022 when the net profit margin was notably high at 38.77%, indicating strong profitability during that period. In 2021, the net profit margin decreased to 10.42% from the previous year. The most notable change occurred in 2020 when the company reported a negative net profit margin of -25.20%, indicating a loss-making year. Overall, the trend in net profit margin reflects varying levels of profitability and operational performance over the analyzed period.
Peer comparison
Sep 30, 2024