Business Description

Ashland Global Holdings Inc. is a global specialty chemical firm. It distributes and produces architectural coatings adhesives and other specialty chemicals. It also offers pharmaceutical, food, drink, and personal care products. The Industrial Specialties segment contains specialty additives and performance adhesives. It was founded in Wilmington, Delaware, in 1924. DE.

Key Financials

Revenue (US$ Mn)

• Ashland Global Holdings Inc.’s annual revenue for 2021 was US$ 2,111 Mn, a -9.24% decrease from 2020
• The annual revenue generated by Ashland Global Holdings Inc. in 2020 was US$ 2,326 Mn
• At a -3.71% decrease, Ashland Global Holdings Inc.’s annual revenue of US$ 2,493 Mn was indexed in 2019
• Ashland Global Holdings Inc. generated total revenue of US$ 2,589 Mn in 2018

Operating Income (US$ Mn)

• Ashland Global Holdings Inc.’s operating income for 2021 was US$ 181 Mn, a -146.65% decrease from 2020
• The operating income generated by Ashland Global Holdings Inc. in 2020 was US$ -388 Mn
• At a 62.75% increase, Ashland Global Holdings Inc.’s operating income of US$ 166 Mn was indexed in 2019
• Ashland Global Holdings Inc. generated an operating income of US$ 102 Mn in 2018

Net Income (US$ Mn)

• Ashland Global Holdings Inc.’s net income for 2021 was US$ 220 Mn, a -143.31% decrease from 2020
• The net income generated by Ashland Global Holdings Inc. in 2020 was US$ -508 Mn
• At a 342.98% increase, Ashland Global Holdings Inc.’s net income of US$ 505 Mn was indexed in 2019
• Ashland Global Holdings Inc. generated a net income of US$ 114 Mn in 2018

Operating Margin %

• Ashland Global Holdings Inc.’s operating margin for 2021 was 10%, a -159.38% decrease from 2020
• The operating margin generated by Ashland Global Holdings Inc. in 2020 was -16%
• At a 67.5% increase, Ashland Global Holdings Inc.’s operating margin of 7% was indexed in 2019
• Ashland Global Holdings Inc. generated an operating margin of 4% in 2018

Gross Margin %

• 32% was the gross margin generated by Ashland Global Holdings Inc. in 2021
• Ashland Global Holdings Inc.’s gross margin for 2020 was 35%, a -7.89% decrease from 2019
• From 2018’s gross margins, Ashland Global Holdings Inc. registered a -11.63% decrease in 2019, amounting to 38%
• A gross margin of 43% was generated in 2018 by Ashland Global Holdings Inc.

SWOT Analysis

Strengths

Broad Product and Service Portfolio

Ashland offers a wide range of products and services. The specialty ingredients segment offers products, technologies, and resources to solve formulation and product-performance problems. This segment provides comprehensive solutions for industrial and consumer applications. It uses natural, synthetic, and semisynthetic, polymers derived from plant extract, cellulose, acrylic polymers, and polyester.

It has a number of key customers, including pharmaceutical companies, manufacturers of personal and household care products, food and beverages, as well as paint, coatings, and construction material manufacturers, packaging and converting market companies, and oilfield service providers.

The Composites segment of Ashland offers unsaturated polyester resins and vinyl ester resins as well as gel coats. It produces and sells a variety of general-purpose and high-performance unsaturated polyester resins, vinyl ester resins, gel coatings, and other low-profile additives to the reinforced plastics sector. Intermediates and Solvents produce 1,4 Butanediol, (BDO), and related derivatives such as n-methyl pyrrolidone and tetrahydrofuran.

These products can be used as chemical intermediates for the production of polymers or polyurethanes. These products can also be used in electronics, pharmaceuticals, water filtration, and other industries. The company’s broad product and service offerings allow it to target large customers and diversify its revenue streams which, in turn, stabilizes its financial growth.

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