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Ashland (ASH) operating margin by quarter

Ashland's operating margin was 8.7% in Q3 FY26 (third quarter fiscal 2026), +0.6 pts from Q2 FY26. Over the last 4 quarters it ranged from 8.1% (Q2 FY26) to 12.8% (Q4 FY25).

Ashland operating margin by quarterAshland operating margin by quarter10.6%Q2 FY2512.8%Q4 FY258.1%Q2 FY268.7%Q3 FY26
QuarterOperating marginQ/QY/Y
Q3 FY268.7%+0.6 pts—
Q2 FY268.1%-4.7 pts-2.6 pts
Q4 FY2512.8%+2.1 pts—
Q2 FY2510.6%——

Q3 FY26 at a glance

Ashland, Q3 FY26: revenue $497M (+7% year over year), operating margin 8.7%, net earnings $16.0M, operating cash flow $120M. The chart follows the revenue to costs, profit and cash.

Questions

What is Ashland's operating margin?

Ashland's operating margin was 8.7% in Q3 FY26 (third quarter fiscal 2026), +0.6 pts from Q2 FY26.

How has Ashland's operating margin changed?

Over the last 4 quarters it ranged from 8.1% (Q2 FY26) to 12.8% (Q4 FY25).

Q3 FY26 results → · How Ashland makes money →