Ashland Global Holdings Inc (ASH)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 117,000 | 172,000 | 261,000 | 311,000 | 328,000 | 333,000 | 335,000 | 268,000 | 216,000 | 191,000 | 52,000 | 55,000 | -461,000 | -461,000 | -397,000 | -402,000 | 110,000 | 86,000 | 84,000 | 71,000 |
| 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 |
| Operating profit margin | 5.47% | 7.85% | 11.32% | 12.94% | 13.64% | 13.92% | 14.25% | 11.91% | 10.02% | 9.05% | 2.86% | 2.97% | -23.63% | -22.87% | -20.04% | -19.63% | 5.23% | 4.00% | 3.29% | 2.75% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $117,000K ÷ $2,139,000K
= 5.47%
The operating profit margin of Ashland Inc has fluctuated over the past eight quarters. It showed a declining trend from 12.05% in September 2022 to 4.91% in December 2023, with a slight increase in the most recent quarter. This indicates a potential decrease in the company's ability to generate profits from its core business operations. It would be important to further investigate the factors contributing to this decline, such as changes in revenue, cost structure, or operational inefficiencies. Additionally, comparing the company's operating profit margin to industry benchmarks and its historical performance can provide valuable insights into its competitive position and operational efficiency.
Peer comparison
Dec 31, 2023