Ashland Global Holdings Inc (ASH)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 29.28% | 27.17% | 26.76% | 28.10% | 30.49% | 32.52% | 33.78% | 34.72% | 34.74% | 34.50% | 33.07% | 31.74% | 31.74% | 29.30% | 30.05% | 30.39% | 29.71% | 32.31% | 31.79% | 30.97% |
| Operating profit margin | -1.28% | -3.22% | 2.61% | 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% |
| Pretax margin | -2.60% | -5.22% | 2.37% | 5.80% | 7.76% | 11.27% | 9.65% | 39.42% | 39.84% | 39.86% | 42.40% | 8.54% | 8.62% | 7.97% | 7.57% | -25.01% | -26.34% | -5.96% | -4.98% | 26.94% |
| 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% |
Based on the provided data, we can see a fluctuation in Ashland Global Holdings Inc's profitability ratios over the quarters.
1. Gross Profit Margin:
The gross profit margin shows a general decline from around 32% to around 26% in recent quarters, indicating a decrease in profitability of the company's core operations.
2. Operating Profit Margin:
The operating profit margin fluctuated significantly between positive and negative values, with a notable decrease from around 13% to below 0% in the most recent quarter, suggesting challenges in managing operating expenses effectively.
3. Pretax Margin:
The pretax margin also experienced fluctuations, showing both positive and negative values. There was a notable increase to around 40% in the most recent quarter, indicating a significant impact of taxes on the company's profitability.
4. Net Profit Margin:
Similarly, the net profit margin displayed variability with fluctuations in profitability. The net profit margin increased to approximately 38% in the most recent quarter, pointing to the company's ability to generate profits after accounting for all expenses.
Overall, the profitability ratios of Ashland Global Holdings Inc demonstrate volatility and a need for further analysis to understand the underlying factors driving the fluctuations in profitability performance.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -0.48% | -1.18% | 0.92% | 1.99% | 2.90% | 4.33% | 5.03% | 5.24% | 5.36% | 5.22% | 3.95% | 3.30% | 2.89% | 0.77% | 0.83% | -6.84% | -6.70% | -5.68% | -5.77% | 1.50% |
| Return on assets (ROA) | 2.98% | 2.58% | 3.23% | 2.78% | 2.98% | 3.95% | 3.62% | 14.68% | 14.92% | 14.25% | 14.13% | 3.25% | 3.34% | 2.69% | 2.09% | -7.18% | -7.39% | -1.46% | -1.05% | 7.99% |
| Return on total capital | -0.64% | -1.58% | 1.23% | 2.66% | 3.90% | 5.83% | 6.77% | 7.08% | 7.42% | 7.33% | 5.68% | 4.97% | 4.39% | 1.09% | 1.17% | -9.76% | -10.00% | -8.71% | -8.90% | 2.15% |
| Return on equity (ROE) | 5.86% | 4.99% | 6.13% | 5.34% | 5.72% | 7.56% | 6.86% | 27.70% | 28.79% | 27.99% | 28.33% | 7.71% | 8.03% | 5.68% | 4.46% | -15.50% | -16.73% | -3.39% | -2.45% | 16.14% |
Profitability ratios for Ashland Global Holdings Inc show fluctuating performance over the past few quarters.
1. Operating return on assets (Operating ROA) has been volatile, ranging from a low of -1.18% to a high of 5.36% over the analyzed period, with a recent decrease to -0.48% as of September 30, 2024.
2. Return on assets (ROA) has also varied, with a peak of 14.92% in September 30, 2022, and a low of -7.39% in September 30, 2020. As of September 30, 2024, ROA stands at 2.98%.
3. Return on total capital has shown a similar pattern, fluctuating between -10.00% and 7.42% over the periods examined. This ratio stood at -0.64% as of September 30, 2024.
4. Return on equity (ROE) has displayed significant movements, with a broad range from -16.73% to 28.79% over the timeframe. The latest ROE figure as of September 30, 2024, is 5.86%.
Overall, the profitability of Ashland Global Holdings Inc has experienced ups and downs in recent periods, with a mix of positive and negative trends across various profitability ratios. Additional analysis and context would be necessary to understand the reasons behind these fluctuations.