Ashland Global Holdings Inc (ASH)
Net profit margin
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 505,000 | 104,000 | 74,000 |
| Revenue (ttm) | US$ in thousands | 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 | 2,148,000 | 2,551,000 | 2,578,000 |
| Net profit margin | 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% | 23.51% | 4.08% | 2.87% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $163,000K ÷ $2,139,000K
= 7.62%
The net profit margin of Ashland Inc has shown some fluctuations over the past eight quarters. It started at a high of 46.08% in March 2022, before decreasing to 43.81% in June 2022 and further to 38.77% in September 2022. There was a substantial decline to 38.23% in December 2022. Subsequently, the net profit margin improved to 9.32% in March 2023 and then to 10.33% in June 2023, indicating a positive trend. However, the net profit margin declined to 8.12% in September 2023 and further to 7.67% in December 2023.
Overall, the fluctuation in the net profit margin suggests some variability in the company's profitability over the past two years, warranting further analysis to determine the underlying factors contributing to these fluctuations.
Peer comparison
Dec 31, 2023