Ardmore Shipping Corporation ASC R2K
Industrials · Marine Shipping · Bermuda
Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. The company's fleet consists of 26 vessels, including 25 owned Eco-design vessels and one chartered-in vessels. It serves oil majors, national oil companies, oil and chemical traders, chemical companies, and pooling service providers. The company was founded in 2010 and is headquartered in Hamilton, Bermuda.
READ MORE ›$16.08
+73.36% 1Y
Market & Price
Market Cap
$656.11M
Current Price
$16.08
High / Low (52W)
$19.22 / $9.26
Beta
0.02
Valuation
Stock P/E
12.18
Industry PE
28.38
Forward P/E
18.81
PEG Ratio
-
Book Value
$16.05
Price to Book
1.00
P/S
2.02
EV/EBITDA
7.06
Dividend Yield
4.04%
Profitability & Returns
ROCE
6.12%
ROE
9.02%
ROA
5.54%
Profit Margin
18.00%
Op Margin
29.10%
EPS (Latest Qtr)
$0.58
EPS (TTM)
$1.32
Balance Sheet & Liquidity
Debt/Equity
0.16
Quick Ratio
3.33
Current Ratio
4.87
Debt
$105.11M
Total Assets
$788.72M
Current Assets
$111.85M
Working Capital
$86.00M
Ownership
Promoter Holding
14.44%
Chg in Prom Hold
-
FII / Inst Holding
83.41%
Chg in FII Hold
-0.00%
Financial Snapshot
Enterprise Value
$713.99M
Total Revenue (TTM)
$324.12M
EBITDA
$101.18M
Free Cash Flow
$-66.37M
Operating Cash Flow
$84.80M
Shares Outstanding
40.80M
Gross Margin
39.02%
Payout Ratio
23.48%
Growth (CAGR)
Revenue 5Y
-11.38%
Profit 5Y
-33.34%
Revenue (YoY)
18.80%
Earnings (YoY)
316.40%
PROS
- Attractive dividend yield of 4.04%.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Revenue declined at -11.4% CAGR over 5 years.
- Earnings shrank at -33.3% CAGR over 5 years.
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | ASC Ardmore Shipping Corporation R2K | 16.08 | 12.18 | $656.11M | 4.04% | 6.12% | 9.02% | -11.38% | -33.34% |
| 2 | CAT Caterpillar Inc. SPX | 875.87 | 43.66 | $403.42B | 0.69% | 19.42% | 51.33% | 4.38% | 9.83% |
| 3 | GE GE Aerospace SPX | 323.76 | 40.17 | $338.27B | 0.58% | 11.89% | 45.43% | 16.32% | 195.89% |
| 4 | GEV GE Vernova Inc. SPXAI | 968.32 | 28.33 | $260.21B | 0.21% | 6.30% | 75.71% | 8.68% | 92.84% |
| 5 | RTX RTX Corporation SPX | 179.66 | 33.64 | $241.95B | 1.54% | 9.41% | 11.57% | 9.72% | 9.01% |
| 6 | UNP Union Pacific Corporation SPX | 262.64 | 21.60 | $155.93B | 2.10% | 16.19% | 40.69% | -0.49% | 0.66% |
| 7 | ETN Eaton Corporation plc SPXAI | 400.60 | 39.20 | $155.55B | 1.10% | 16.23% | 20.84% | 9.77% | 18.41% |
| 8 | HON Honeywell International Inc. NDXSPX | 237.86 | 38.00 | $150.72B | 2.00% | 13.57% | 24.26% | 1.82% | -1.62% |
| 9 | DE Deere & Company SPX | 542.18 | 30.67 | $146.45B | 1.20% | 12.82% | 18.35% | -4.50% | -11.00% |
Ad space
Quarterly Results
Figures in USD.
| Metric | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | - | - | 74.00M | 72.05M | 81.25M | 82.91M | 87.92M |
| Cost of Revenue | - | - | 56.68M | 51.25M | 55.83M | 59.25M | 53.58M |
| Gross Profit | - | - | 17.32M | 20.80M | 25.42M | 23.66M | 34.34M |
| Operating Expenses | - | - | 9.23M | 9.07M | 8.73M | 7.44M | 6.91M |
| Operating Income | - | - | 8.09M | 11.73M | 16.69M | 16.23M | 27.43M |
| EBITDA | - | - | 14.93M | 18.68M | 23.54M | 23.36M | 35.16M |
| Interest Expense | - | - | 935.00K | 1.04M | 1.74M | 1.38M | 2.09M |
| Pretax Income | - | - | 6.34M | 9.74M | 13.04M | 12.43M | 23.69M |
| Tax Provision | - | - | 26.00K | 39.00K | 137.00K | 39.00K | 55.00K |
| Net Income | - | - | 6.25M | 9.60M | 12.79M | 12.37M | 23.58M |
| Diluted EPS | - | - | 0.14 | 0.22 | 0.30 | 0.23 | 0.58 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | - | 445.74M | 395.98M | 405.78M | 310.20M |
| Cost of Revenue | - | 250.21M | 228.87M | 233.99M | 223.00M |
| Gross Profit | - | 195.53M | 167.11M | 171.79M | 87.20M |
| Operating Expenses | - | 31.92M | 35.44M | 39.87M | 34.45M |
| Operating Income | - | 163.62M | 131.67M | 131.92M | 52.74M |
| EBITDA | - | 185.62M | 157.85M | 173.62M | 80.52M |
| Interest Expense | - | 17.48M | 11.75M | 5.64M | 5.11M |
| Pretax Income | - | 138.86M | 118.28M | 137.74M | 41.56M |
| Tax Provision | - | 207.00K | 435.00K | 215.00K | 241.00K |
| Net Income | - | 138.45M | 116.81M | 133.01M | 41.01M |
| Diluted EPS | - | 3.52 | 2.71 | 3.06 | 0.88 |
Compounded Sales Growth
| 5 Years: | -11.38% |
| 1 Year: | 18.80% |
Compounded Profit Growth
| 5 Years: | -33.34% |
| 1 Year: | 316.40% |
Stock Price Performance
| 1 Year: | +73.36% |
| 6 Months: | +32.37% |
| 3 Months: | +0.53% |
| 1 Month: | -7.70% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Total Assets | - | 723.86M | 690.95M | 704.80M | 788.72M |
| Current Assets | - | 157.74M | 126.78M | 126.55M | 111.85M |
| Cash & Equivalents | - | 50.57M | 46.80M | 46.99M | 46.84M |
| Inventory | - | 15.72M | 12.56M | 11.31M | 8.91M |
| Receivables | - | 79.84M | 56.23M | 60.87M | 47.54M |
| Total Liabilities | - | 217.42M | 116.51M | 69.38M | 154.39M |
| Current Liabilities | - | 52.93M | 33.84M | 29.83M | 25.85M |
| Long Term Debt | - | 115.87M | 39.59M | 38.80M | 127.00M |
| Total Debt | - | 184.62M | 93.99M | 44.24M | 128.87M |
| Total Equity | - | 506.44M | 574.44M | 635.42M | 634.34M |
| Shares Outstanding | - | 42.65M | 43.32M | 44.03M | 44.31M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 124.21M | 159.61M | 160.44M | 81.65M |
| Investing Cash Flow | - | 35.41M | -26.84M | -32.97M | -121.00M |
| Financing Cash Flow | - | -164.50M | -136.54M | -127.29M | 39.21M |
| Capital Expenditure | - | -1.33M | -25.38M | -61.02M | -120.72M |
| Free Cash Flow | - | 122.87M | 134.22M | 99.42M | -39.07M |
| Net Change in Cash | - | -4.88M | -3.76M | 183.00K | -143.00K |
Ratios (Annual)
Figures in %.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Gross Margin % | - | 43.9% | 42.2% | 42.3% | 28.1% |
| Operating Margin % | - | 36.7% | 33.3% | 32.5% | 17.0% |
| Net Margin % | - | 31.1% | 29.5% | 32.8% | 13.2% |
| ROE % | - | 27.3% | 20.3% | 20.9% | 6.5% |
| ROCE % | - | 24.4% | 20.0% | 19.5% | 6.9% |
Shareholding Pattern
Insiders
14.44%
Institutions
83.41%
Public Float
97.48%
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 7.81% | 3.18M | $51.14M |
| 2 | Dimensional Fund Advisors LP | 6.02% | 2.45M | $39.44M |
| 3 | Wellington Management Group, LLP | 4.58% | 1.87M | $30.02M |
| 4 | Renaissance Technologies, LLC | 4.26% | 1.74M | $27.93M |
| 5 | American Century Companies Inc | 4.19% | 1.71M | $27.44M |
| 6 | Nuveen, LLC | 3.66% | 1.49M | $23.96M |
| 7 | Acadian Asset Management. LLC | 3.38% | 1.38M | $22.14M |
| 8 | Private Management Group, Inc. | 2.98% | 1.21M | $19.52M |
| 9 | Flat Footed LLC | 2.47% | 1.00M | $16.16M |
| 10 | Aristotle Capital Boston, LLC | 2.30% | 938.66K | $15.09M |
Analyst View
Loading analyst coverage…
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for ASC
No recent headlines available.