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Ashland Global Holdings provides specialty chemical solutions worldwide. Its Specialty Ingredients segment provides products, technologies, and resources for solving formulation and product-performance challenges. It offers solutions using natural, synthetic, and semisynthetic polymers derived from plant and seed extract, cellulose ethers, vinyl pyrrolidones, and acrylic polymers, as well as polyester and polyurethane-based adhesives. The сompany's Composites segment manufactures and sells a range of unsaturated polyester and vinyl ester resins, gel coats, and low-profile additives for the reinforced plastics industry, and molten maleic anhydride for the manufacture of various products. Its Intermediates and Solvents segment produces 1,4 butanediol and related derivatives used as chemical intermediates in the production of engineering polymers and polyurethanes, as well as specialty process solvents.
TypePublic
Founded1924
HQCovington, US
Websiteashland.com
Employee Ratings3.1

Latest Updates

Employees (est.) (Jun 2019)6,000
Job Openings60
Revenue (FY, 2018)$3.7 B(+15%)
Share Price (Jun 2019)$78.7 (+2%)

Key People/Management at Ashland Global Holdings

William A. Wulfsohn

William A. Wulfsohn

Chairman and Chief Executive Officer, Ashland
Peter Ganz

Peter Ganz

Senior Vice President, General Counsel and Secretary; Chief Legal and Compliance Officer
Osama Musa

Osama Musa

Senior Vice President and Chief Technology Officer
J. Kevin Willis

J. Kevin Willis

Senior Vice President and Chief Financial Officer
Anne T. Schumann

Anne T. Schumann

Senior Vice President, Chief Human Resources and Information Technology Officer
Vito Consiglio

Vito Consiglio

Senior Vice President and Chief Commercial Officer
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Ashland Global Holdings Office Locations

Ashland Global Holdings has offices in Covington, Ogden, Texas City, Piedmont and in 16 other locations
Covington, US (HQ)
50 E Rivercenter Blvd #391Covington
Dublin, US
5200 Blazer Pkwy
Freetown, US
Assonet
Totowa, US
80 Commerce Way
Wilmington, US
8145 Blazer Dr
Mumbai, IN
Ghatkopar, Sindhu Wadi, Ghatkopar East
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Ashland Global Holdings Financials and Metrics

Ashland Global Holdings Revenue

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Ashland Global Holdings's revenue was reported to be $3.74 b in FY, 2018 which is a 14.8% increase from the previous period.
USD

Revenue (Q3, 2019)

641.0m

Gross profit (Q3, 2019)

207.0m

Gross profit margin (Q3, 2019), %

32.3%

Net income (Q3, 2019)

66.0m

EBIT (Q3, 2019)

43.0m

Market capitalization (10-Jun-2019)

4.9b

Closing stock price (10-Jun-2019)

78.7

Cash (30-Jun-2019)

132.0m

EV

7.4b
Ashland Global Holdings's current market capitalization is $4.9 b.
Annual
USDFY, 2016FY, 2017FY, 2018

Revenue

4.9b3.3b3.7b

Revenue growth, %

(34%)15%

Cost of goods sold

3.3b2.4b2.7b

Gross profit

1.6b888.0m1.1b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

1.2b1.3b870.0m842.0m974.0m971.0m576.0m667.0m641.0m

Cost of goods sold

807.0m887.0m635.0m613.0m699.0m681.0m424.0m469.0m434.0m

Gross profit

386.0m433.0m235.0m229.0m275.0m290.0m152.0m198.0m207.0m

Gross profit Margin, %

32%33%27%27%28%30%26%30%32%
Annual
USDFY, 2016FY, 2017FY, 2018

Cash

1.2b566.0m294.0m

Accounts Receivable

894.0m612.0m681.0m

Inventories

671.0m634.0m663.0m

Current Assets

2.9b1.9b1.7b
Quarterly
Annual
USDFY, 2016FY, 2017FY, 2018

Net Income

(28.0m)28.0m114.0m

Depreciation and Amortization

337.0m301.0m312.0m

Inventories

44.0m(23.0m)(29.0m)

Accounts Payable

(59.0m)60.0m85.0m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

10.0m115.0m85.0m(4.0m)69.0m104.0m(48.0m)28.0m94.0m

Depreciation and Amortization

77.0m153.0m218.0m79.0m161.0m236.0m81.0m163.0m225.0m

Cash From Operating Activities

41.0m237.0m(40.0m)(24.0m)95.0m(67.0m)(35.0m)93.0m

Purchases of PP&E

(43.0m)(104.0m)(126.0m)(24.0m)(60.0m)(102.0m)(33.0m)(70.0m)(103.0m)
USDY, 2019

EV/EBIT

166.9 x

EV/CFO

77.2 x

Revenue/Employee

106.8k

Debt/Equity

0.8 x

Debt/Assets

0.3 x

Financial Leverage

2.5 x
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Ashland Global Holdings Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Pharmachem LaboratoriesMay 17, 2017$680 m
Oil Can Henry’sFebruary 01, 2016
International Specialty ProductsMay 31, 2011
HerculesNovember 13, 2008$2.60 b
Northwest CoatingsOctober 30, 2006$72 m
Nanjing Clear Environment ProtectionMarch 09, 2006
FospurApril 11, 1999
565 Corporation
Adams Drive Totowa, L.L.C.
Alera Property Holdings, LLC
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Ashland Global Holdings Revenue Breakdown

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Ashland Global Holdings revenue breakdown by business segment: 8.8% from Intermediates and Solvents, 25.2% from Composites and 66.0% from Specialty Ingredients

Ashland Global Holdings revenue breakdown by geographic segment: 62.1% from International and 37.9% from United States

Ashland Global Holdings Online and Social Media Presence

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Ashland Global Holdings News and Updates

Ashland Global Holdings Blogs

Ashland launches knock-out ingredients for sports nutrition at SSW

Wilmington, Delaware, August 15, 2019, Ashland is introducing new, “knock-out” ingredients for the self-directed

Ashland announces receipt of remaining regulatory approvals related to the sale of its Composites business and butanediol facility in Marl, Germany to INEOS Enterprises

COVINGTON, Ky. , Aug. 14, 2019 (GLOBE NEWSWIRE) -- Ashland Global Holdings Inc. (NYSE: ASH) today announced it has received the remaining regulatory approvals needed to close the previously announced sale of certain assets of Ashland’s Composites business and butanediol facility in Marl, Germany to

Ashland’s skin and hair care innovations intensify urban beauty and embrace the individuality of consumers at the CITE Japan trade show in Yokohama

Yokohama, Japan, May 17, 2019 – In Asia, consumers have hectic lifestyles. They desire personal care products that speak to their individual values,

Ashland solvers are incosmetics ready with new launches that support the My Beauty, My Ritual consumer trend

Paris, 2 April 2019 - Ashland embraces the individuality of beauty consumers and their daily rituals with new innovations that allow today’s brands to create purposeful formulations with proven benefits.

Dr. Osama M. Musa

Dr. Osama M. Musa jennifer.segal… Tue, 02/26/2019 - 16:19 Dr. Osama M. Musa Senior Vice President and Chief Technology Officer Dr. Osama M. Musa is currently Senior Vice President and Chief Technology Officer for Ashland Global Holdings. (…

Ashland announces agreement with Cruiser Capital

Ashland announces agreement with Cruiser Capital jennifer.segal… Tue, 01/22/2019 - 16:06 Ashland announces agreement with Cruiser Capital 01/22/2019 This release is a backfill from a News Wire Corporate and Financial News …
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Ashland Global Holdings Frequently Asked Questions

  • When was Ashland Global Holdings founded?

    Ashland Global Holdings was founded in 1924.

  • Who are Ashland Global Holdings key executives?

    Ashland Global Holdings's key executives are William A. Wulfsohn, Peter Ganz and Osama Musa.

  • How many employees does Ashland Global Holdings have?

    Ashland Global Holdings has 6,000 employees.

  • What is Ashland Global Holdings revenue?

    Latest Ashland Global Holdings annual revenue is $3.7 b.

  • What is Ashland Global Holdings revenue per employee?

    Latest Ashland Global Holdings revenue per employee is $623.8 k.

  • Who are Ashland Global Holdings competitors?

    Competitors of Ashland Global Holdings include FMC, Air Products and Chemicals and Dow.

  • Where is Ashland Global Holdings headquarters?

    Ashland Global Holdings headquarters is located at 50 E Rivercenter Blvd #391Covington, Covington.

  • Where are Ashland Global Holdings offices?

    Ashland Global Holdings has offices in Covington, Ogden, Texas City, Piedmont and in 16 other locations.

  • How many offices does Ashland Global Holdings have?

    Ashland Global Holdings has 20 offices.