Ashland Global Holdings Inc (ASH)
Operating profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -26,000 | 172,000 | 333,000 | 192,000 | -461,000 |
| Revenue | US$ in thousands | 2,113,000 | 2,191,000 | 2,391,000 | 2,111,000 | 2,016,000 |
| Operating profit margin | -1.23% | 7.85% | 13.93% | 9.10% | -22.87% |
September 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $-26,000K ÷ $2,113,000K
= -1.23%
The operating profit margin of Ashland Global Holdings Inc has shown variability over the past five years. In Sep 30, 2024, the operating profit margin was -1.23%, indicating that the company incurred operating losses which is a concerning sign. This contrasts with the positive operating profit margins in the previous years, with peaks of 13.93% in Sep 30, 2022 and 9.10% in Sep 30, 2021. However, in Sep 30, 2020, the company experienced a significant decline with a negative operating profit margin of -22.87%.
The fluctuation in the operating profit margin suggests volatility in the company's ability to generate profits from its core operations. It is essential for Ashland Global Holdings to closely monitor its operating expenses and revenue generation strategies to improve profitability and sustainability in the long term.
Peer comparison
Sep 30, 2024