CSIMarket
 


Ashland Inc   (ASH)
Other Ticker:  
 

Ashland Inc 's ROE per quarter

Return on Equity, Quarterly Results, Trends, Rankings, Statistics


What is ROE for Ashland Inc in the forth quarter 2023?
Ashland Inc achieved a return on average equity (ROE) of 5.55 % in its forth quarter 2023, which is below Ashland Inc 's average return on equity, which stands at 8.63%.

ROE decreased relative to the period ending , due to the decline in net income.

Within the Chemical Manufacturing industry 35 other companies had a higher return on equity. While return on equity, the total ranking has deteriorated compared to the third quarter 2023 from 1724 to 1816.

What is ROE?



Return On Equity (Sep 30 2023)
IV. Quarter
(Jun 30 2023)
III. Quarter
(Mar 31 2023)
II. Quarter
(Dec 31 2022)
I. Quarter
(Sep 30 2022)
IV. Quarter
Y / Y Equity Change -3.82 % -3.58 % -3.37 % 20.09 % -
Y / Y Net Income Change - 38.89 % -88.42 % -16.67 % 32.56 %
Net Income (TTM) in Millions 178 238 224 919 927
Return On Equity (TTM) 5.55 % 7.35 % 6.85 % 27.88 % 29.36 %
ASH's Total Ranking # 1816 # 1724 # 1736 # 547 # 488
Equity (TTM) in Millions 3,097 3,149 3,267 3,318 3,220
Seq. Equity Change -1.65 % -3.61 % -1.54 % 3.04 % -1.41 %
Seq. Net Income Change - -45.05 % 127.5 % -29.82 % 58.33 %

Return On Equity Company Ranking
Within: No.
Industry # 36
Sector # 144
Overall # 1816

Return On Equity Statistics
High Average Low
60.71 %
8.63 %
-16.05 %
(Sep. 30, 2005)   (Sep 30 2020)





ASH Annual Return On Equity (Sep 30 2023)
2023
(Sep 30 2022)
2022
(Sep 30 2021)
2021
(Sep 30 2020)
2020
(Sep 30 2019)
2019
Total Equity in Millions 3,097 3,220 2,752 3,036 3,571
Y / Y Equity Change -3.82 % 17.01 % -9.35 % -14.98 % 4.84 %
Net Income in Millions 178 927 220 -508 505
Y / Y Net Income Change -80.8 % 321.36 % - - 342.98 %
Return On Equity 5.75 % 28.79 % 7.99 % -16.73 % 14.14 %





Annual Roe Comment
In 2023 ROE decreased compared to the previous year to 5.75 %, due to deterioration of net income.


More Return On Equity Ratios
Chemical Manufacturing Industry Roe Trends and Statistics
Basic Materials Sector Return On Equity Statistics
ASH's' Return on Equity at Yahoo Finance
ASH's Roe Ratio versus Chemical Manufacturing Industry, Basic Materials Sector and overall Market
Highest Ranking Return On Equity
Lowest Ranking Return On Equity
Roe for ASH's Competitors
Return On Equity for Ashland Inc 's Suppliers
Roe for ASH's Customers




Companies with similar Return On Equity at Sep 30 2023, within Basic Materials Sector ROE
Summit Materials Inc   15.12 %
Generac Holdings Inc   14.99 %
Linde Plc  14.93 %
Fmc Corporation  14.87 %
Axalta Coating Systems Ltd   14.80 %
Martin Marietta Materials Inc   14.48 %
Freeport mcmoran Inc   14.42 %
Reynolds Consumer Products Inc   14.35 %
Novelis Inc   13.70 %
Aptargroup inc  13.37 %
Arcosa Inc   13.13 %
American Woodmark Corporation  12.90 %
Solaris Oilfield Infrastructure inc   12.75 %
Origin Materials Inc   12.68 %
Sensient Technologies Corp  12.40 %
Advansix Inc   12.34 %
Mueller Water Products Inc   12.15 %
Flexible Solutions International Inc   12.00 %
Platinum Group Metals Ltd   11.95 %
Vulcan Materials Company  11.78 %
Innospec Inc   11.68 %
Rex American Resources Corporation  11.62 %
Trx Gold Corporation  11.54 %
Westlake Corporation  11.52 %
Mdu Resources Group Inc  11.44 %
Baker Hughes Company  11.37 %
Gibraltar Industries Inc   11.12 %
Eastman Chemical Co  11.04 %
Ryerson Holding Corporation  10.94 %
United States Steel Corp  10.88 %


Date modified: 2023-11-21T23:35:29+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com