Ashland Past Earnings Performance
Past criteria checks 1/6
Ashland has been growing earnings at an average annual rate of 44.4%, while the Chemicals industry saw earnings growing at 11.8% annually. Revenues have been declining at an average rate of 1.6% per year. Ashland's return on equity is 5%, and it has net margins of 7.2%.
Key information
44.4%
Earnings growth rate
45.8%
EPS growth rate
| Chemicals Industry Growth | 12.4% |
| Revenue growth rate | -1.6% |
| Return on equity | 5.0% |
| Net Margin | 7.2% |
| Next Earnings Update | 30 Apr 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Ashland makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 2,139 | 154 | 346 | 50 |
| 30 Sep 23 | 2,191 | 168 | 358 | 51 |
| 30 Jun 23 | 2,306 | 236 | 330 | 52 |
| 31 Mar 23 | 2,404 | 245 | 373 | 54 |
| 31 Dec 22 | 2,404 | 191 | 383 | 55 |
| 30 Sep 22 | 2,391 | 181 | 371 | 55 |
| 30 Jun 22 | 2,350 | 155 | 388 | 53 |
| 31 Mar 22 | 2,249 | 175 | 356 | 52 |
| 31 Dec 21 | 2,155 | 162 | 344 | 50 |
| 30 Sep 21 | 2,111 | 173 | 343 | 50 |
| 30 Jun 21 | 1,819 | 75 | 319 | 45 |
| 31 Mar 21 | 1,850 | 54 | 321 | 46 |
| 31 Dec 20 | 1,951 | -546 | 333 | 53 |
| 30 Sep 20 | 2,016 | -555 | 345 | 56 |
| 30 Jun 20 | 2,326 | -464 | 425 | 63 |
| 31 Mar 20 | 2,393 | -491 | 424 | 66 |
| 31 Dec 19 | 2,450 | 129 | 393 | 65 |
| 30 Sep 19 | 2,148 | -39 | 380 | 58 |
| 30 Jun 19 | 2,551 | -5 | 397 | 69 |
| 31 Mar 19 | 2,579 | -17 | 492 | 70 |
| 31 Dec 18 | 2,584 | -20 | 544 | 71 |
| 30 Sep 18 | 2,589 | 19 | 487 | 73 |
| 30 Jun 18 | 2,802 | -31 | 615 | 77 |
| 31 Mar 18 | 3,003 | -61 | 578 | 79 |
| 31 Dec 17 | 3,137 | -88 | 600 | 82 |
| 30 Sep 17 | 2,309 | -207 | 527 | 73 |
| 30 Jun 17 | 3,134 | -425 | 640 | 82 |
| 31 Mar 17 | 3,054 | -382 | 616 | 84 |
| 31 Dec 16 | 2,560 | -451 | 563 | 82 |
| 30 Sep 16 | 3,019 | -284 | 674 | 87 |
| 30 Jun 16 | 3,545 | 2 | 814 | 91 |
| 31 Mar 16 | 4,121 | 92 | 898 | 93 |
| 31 Dec 15 | 5,159 | 242 | 1,020 | 99 |
| 30 Sep 15 | 3,420 | -12 | 692 | 88 |
| 30 Jun 15 | 5,645 | 224 | 1,092 | 97 |
| 31 Mar 15 | 5,885 | 181 | 1,151 | 97 |
| 31 Dec 14 | 6,080 | 24 | 1,251 | 99 |
| 30 Sep 14 | 6,121 | 72 | 1,260 | 101 |
| 30 Jun 14 | 6,053 | 433 | 750 | 100 |
| 31 Mar 14 | 6,070 | 451 | 725 | 106 |
| 31 Dec 13 | 6,075 | 560 | 644 | 105 |
| 30 Sep 13 | 6,091 | 553 | 641 | 101 |
| 30 Jun 13 | 6,678 | -54 | 1,400 | 112 |
Quality Earnings: AHT has a large one-off gain of $41.0M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: AHT's current net profit margins (7.2%) are lower than last year (7.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AHT has become profitable over the past 5 years, growing earnings by 44.4% per year.
Accelerating Growth: AHT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AHT had negative earnings growth (-19.4%) over the past year, making it difficult to compare to the Chemicals industry average (-19.4%).
Return on Equity
High ROE: AHT's Return on Equity (5%) is considered low.