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Ardmore Shipping Corporation logo

Ardmore Shipping Corporation

ASC

NYSEIndustrialsMarine Shipping

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Previous close

$18.40

+$0.21 · +1.15%

Aug 21, 4:00 PM ET

ASC company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

75

Undervalued

Momentum

62

Gaining

Sentiment

63

Bullish

Risk resilience

58

Elevated Risk

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Company profile

Company website

Ardmore Shipping Corporation is a global enterprise dedicated to the maritime carriage of refined oil derivatives and various chemical substances. By February 15, 2022, the firm maintained an active fleet of 25 modern, twin-hulled vessels specifically designed for the transport of these product types. It caters to a diverse range of clientele, including prominent oil industry giants, independent petroleum companies, traders specializing in oil and chemical commodities, chemical manufacturing businesses, and organizations providing shipping pool services. Established in 2010, Ardmore Shipping's corporate headquarters are located in Pembroke, Bermuda.

Industry
Marine Shipping
Sector
Industrials
Headquarters
BM
CEO
Gernot Ruppelt
Listed since
Aug 1, 2013
Employees
56

Market position

Day range

Current $18.40

52-week range

Current $18.40

Open
$18.54
Previous close
$18.19
Volume
580.76K
0.9× average
Average volume
647.55K
Average daily volume
Market cap
750.77M USD
Beta
0.02
Market reference 1
50-day average
$16.4914
+11.57% above average
200-day average
$14.8945
+23.54% above average

Financials

Financial snapshot

Latest / TTM

Financial health

Altman Z-score
9.4
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends50%25%-0%-25%Gross margin, FY2021: 4.18%Gross margin, FY2022: 43.87%Gross margin, FY2023: 42.20%Gross margin, FY2024: 38.52%Gross margin, FY2025: 34.21%Operating margin, FY2021: -7.67%Operating margin, FY2022: 36.71%Operating margin, FY2023: 33.25%Operating margin, FY2024: 31.61%Operating margin, FY2025: 26.12%Net margin, FY2021: -19.14%Net margin, FY2022: 31.06%Net margin, FY2023: 29.50%Net margin, FY2024: 32.78%Net margin, FY2025: 13.22%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 4.18%. Gross margin FY2022 43.87%. Gross margin FY2023 42.20%. Gross margin FY2024 38.52%. Gross margin FY2025 34.21%. Operating margin FY2021 -7.67%. Operating margin FY2022 36.71%. Operating margin FY2023 33.25%. Operating margin FY2024 31.61%. Operating margin FY2025 26.12%. Net margin FY2021 -19.14%. Net margin FY2022 31.06%. Net margin FY2023 29.50%. Net margin FY2024 32.78%. Net margin FY2025 13.22%.

Income trends

Revenue

310.2M USD-23.56%

Operating income

81.03M USD-36.84%

Net income

41.01M USD-69.16%
Income trends across reported periods494M USD300.97M USD107.94M USD−85.09M USDRevenue, FY2021: 192.48M USDRevenue, FY2022: 445.74M USDRevenue, FY2023: 395.98M USDRevenue, FY2024: 405.78M USDRevenue, FY2025: 310.2M USDOperating income, FY2021: −14.76M USDOperating income, FY2022: 163.62M USDOperating income, FY2023: 131.67M USDOperating income, FY2024: 128.29M USDOperating income, FY2025: 81.03M USDNet income, FY2021: −36.83M USDNet income, FY2022: 138.45M USDNet income, FY2023: 116.81M USDNet income, FY2024: 133.01M USDNet income, FY2025: 41.01M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 192.48M USD. Revenue FY2022 445.74M USD. Revenue FY2023 395.98M USD. Revenue FY2024 405.78M USD. Revenue FY2025 310.2M USD. Operating income FY2021 −14.76M USD. Operating income FY2022 163.62M USD. Operating income FY2023 131.67M USD. Operating income FY2024 128.29M USD. Operating income FY2025 81.03M USD. Net income FY2021 −36.83M USD. Net income FY2022 138.45M USD. Net income FY2023 116.81M USD. Net income FY2024 133.01M USD. Net income FY2025 41.01M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue310.2M USD405.78M USD395.98M USD445.74M USD192.48M USD
Cost of goods sold204.09M USD249.46M USD228.87M USD250.21M USD184.44M USD
Gross profit106.11M USD156.33M USD167.11M USD195.53M USD8.05M USD
Selling, general, and administrative25.07M USD28.04M USD25.24M USD24.11M USD19.2M USD
Operating expenses25.07M USD28.04M USD35.44M USD31.92M USD22.81M USD
Interest income955K USD1.82M USD1.82M USD471K USD55.09K USD
Interest expense6.11M USD6.78M USD11.41M USD15.54M USD16.36M USD
Depreciation and amortization33.85M USD33.88M USD27.82M USD29.28M USD31.7M USD
Operating income81.03M USD128.29M USD131.67M USD163.62M USD−14.76M USD
Net income41.01M USD133.01M USD116.81M USD138.45M USD−36.83M USD

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
0.88
FY2025 · -71.24% year over year
Latest fiscal-year revenue
310.2M USD
FY2025 · -23.56% year over year
Next fiscal-year EPS consensus
1.67
FY2027 · 2 analysts
Next fiscal-year revenue consensus
186.28M USD
FY2027 · 2 analysts

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend3.982.140.3-1.54FY21FY22FY23FY24FY25FY27

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend475.26M357.18M239.11M121.03MFY21FY22FY23FY24FY25FY27

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$19.00

3.26% upside
Past 12 months12-month forecastHigh $19.00Average $19.00Low $19.00

Rating distribution

17 ratings
Strong buy00%
Buy1271%
Hold529%
Sell00%
Strong sell00%

Recent analyst actions

3 institutions

ASC news

seekingalpha.com

Ardmore Shipping Corporation (ASC) Q2 2026 Earnings Call Transcript

Ardmore Shipping Corporation (ASC) Q2 2026 Earnings Call Transcript

Read source
marketbeat.com

Ardmore Shipping Q2 Earnings Call Highlights

Ardmore Shipping NYSE: ASC reported second-quarter adjusted earnings of $48.3 million, or $1.18 per share, as product tanker market conditions remained strong. The company declared a quarterly dividend of $0.79 per…

Read source
prnewswire.com

Ardmore Shipping Corporation Announces Financial Results For The Three and Six Months Ended June 30, 2026

HAMILTON, Bermuda, July 29, 2026 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the three and six months ended June 30, 2026. Highlights and Recent…

Read source
zacks.com

Smith+Nephew Expands ASC Platform to Support Value-Based Care

SNN expands ASC Solutions with an integrated platform, analytics and partners to boost efficiency, growth and patient outcomes in outpatient care.

Read source
prnewswire.com

Ardmore Shipping Announces Second Quarter 2026 Conference Call and Webcast

HAMILTON, Bermuda, July 22, 2026 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce its second quarter earnings before the market…

Read source
seekingalpha.com

Ardmore Shipping: The War Is The Wrong Reason To Own It - Buy

Ardmore Shipping offers a compelling payout story, with Q2 spot MRs fixed at $52,100/day—nearly 5x cash breakeven—and a doubled dividend policy. ASC's Q2 earnings are largely locked in, supporting an estimated…

Read source

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.30

2025 complete year-25.0% since 2014

2026 partial: $0.48

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Aug 28, 2026

$0.79

Quarterly

Record Aug 28, 2026 · Payment Sep 15, 2026

Dividend

Ex-dividend May 29, 2026

$0.39

Quarterly

Record May 29, 2026 · Payment Jun 12, 2026

Dividend

Ex-dividend Feb 27, 2026

$0.09

Quarterly

Record Feb 27, 2026 · Payment Mar 13, 2026

Dividend

Ex-dividend Nov 28, 2025

$0.10

Quarterly

Record Nov 28, 2025 · Payment Dec 12, 2025

Dividend

Ex-dividend Aug 29, 2025

$0.07

Quarterly

Record Aug 29, 2025 · Payment Sep 12, 2025

Dividend

Ex-dividend May 30, 2025

$0.05

Quarterly

Record May 30, 2025 · Payment Jun 13, 2025

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ETFs holding ASC

Funds reporting this stock among their holdings, ordered by reported position size.

Avantis U.S. Small Cap Value ETF logoAvantis U.S. Small Cap Value ETFAVUV
Market value
27.91M
Weight
0.09%
AUM
31.27B USD
Expense ratio
0.25%
Price / 1D
$126.45+0.66%
iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
16.55M
Weight
0.02%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$299.96+0.77%
iShares Russell 2000 Value ETF logoiShares Russell 2000 Value ETFIWN
Market value
5.91M
Weight
0.04%
AUM
14.66B USD
Expense ratio
0.24%
Price / 1D
$224.81+0.45%
Dimensional - US Targeted Value ETF logoDimensional - US Targeted Value ETFDFAT
Market value
5.03M
Weight
0.03%
AUM
14.66B USD
Expense ratio
0.28%
Price / 1D
$71.67+0.67%
Dimensional - US Small Cap Value ETF logoDimensional - US Small Cap Value ETFDFSV
Market value
4.42M
Weight
0.05%
AUM
8.42B USD
Expense ratio
0.30%
Price / 1D
$40.29+0.72%
Fidelity Enhanced Small Cap ETF logoFidelity Enhanced Small Cap ETFFESM
Market value
4.13M
Weight
0.06%
AUM
6.03B USD
Expense ratio
0.28%
Price / 1D
$47.94+0.80%
EA Bridgeway Omni Small-Cap Value ETF logoEA Bridgeway Omni Small-Cap Value ETFBSVO
Market value
4.03M
Weight
0.16%
AUM
1.71B USD
Expense ratio
0.47%
Price / 1D
$29.62+0.85%
Vanguard Russell 2000 ETF logoVanguard Russell 2000 ETFVTWO
Market value
3.5M
Weight
0.02%
AUM
17.4B USD
Expense ratio
0.06%
Price / 1D
$121.25+0.74%

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