Ashland Global Holdings Inc (ASH)
Net profit margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 168,000 | 148,000 | 192,000 | 163,000 | 177,000 | 238,000 | 224,000 | 919,000 | 927,000 | 914,000 | 958,000 | 213,000 | 221,000 | 182,000 | 139,000 | -484,000 | -508,000 | -102,000 | -73,000 | 585,000 |
| Revenue (ttm) | US$ in thousands | 2,114,000 | 2,109,000 | 2,111,000 | 2,139,000 | 2,191,000 | 2,306,000 | 2,404,000 | 2,405,000 | 2,392,000 | 2,351,000 | 2,250,000 | 2,155,000 | 2,111,000 | 1,819,000 | 1,850,000 | 1,951,000 | 2,016,000 | 1,981,000 | 2,048,000 | 2,105,000 |
| Net profit margin | 7.95% | 7.02% | 9.10% | 7.62% | 8.08% | 10.32% | 9.32% | 38.21% | 38.75% | 38.88% | 42.58% | 9.88% | 10.47% | 10.01% | 7.51% | -24.81% | -25.20% | -5.15% | -3.56% | 27.79% |
September 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $168,000K ÷ $2,114,000K
= 7.95%
The net profit margin of Ashland Global Holdings Inc has shown some variability over the periods under consideration. It ranged from a low of -25.20% in June 2020 to a high of 42.58% in March 2022, indicating fluctuations in the company's ability to convert revenue into profit. The profitability performance seems to have significantly improved, as seen in the sharp increase from negative margins in late 2020 to higher, positive margins in recent quarters. However, the profitability levels appear to have declined slightly in the more recent quarters, albeit still maintaining positive margins. Further analysis of the company's financial performance and strategic initiatives may be needed to understand the factors driving these changes in net profit margins over time.
Peer comparison
Sep 30, 2024