Ashland Global vs Olin
Olin reported revenue of $6.8 billion in fiscal 2025, 3.7 times Ashland Global's $1.8 billion in fiscal 2025. Ashland Global's revenue fell 13.7% in its latest year, and Olin's grew 3.7%. Ashland Global had an operating margin of -42.5%, against 0.1% at Olin. Free cash flow was $36 million at Ashland Global and $248 million at Olin. Their fiscal years end in different months (September 30 and December 31), so the periods don't line up exactly.
Side by side
| Ashland Global | Olin | |
|---|---|---|
| Latest fiscal year | FY2025, Sep 30, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $1.8B | $6.8B |
| Revenue growth | −13.7% | 3.7% |
| Revenue growth a year, last 5 years | −2.0% | 3.3% |
| Gross margin | 30.1% | 7.4% |
| Operating margin | −42.5% | 0.1% |
| Net margin | −46.3% | −1.5% |
| Free cash flow | $36M | $248M |
| Free cash flow margin | 2.0% | 3.7% |
| Return on capital | −17.5% | 0.1% |
| Net debt to EBITDA | — | 5.1x |
| Dividends and buybacks | $176M | $142M |
| Change in diluted share count | −8.0% | −4.1% |
| Last close | $72.32 | $15.94 |
| P/E at the last close | 68.9× | — |
| Insider trades, last 12 months | — | sold $2.5 million |
| Piotroski F-score | 5 of 9 | 4 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Ashland GlobalOlin
Operating margin
Percent of revenue
Ashland GlobalOlin
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Ashland GlobalOlin
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Ashland Global and Olin pages.