What is ARDMORE SHIPPING CORPORATION's earnings per share (EPS)?

ARDMORE SHIPPING CORPORATION (ASC) reported diluted earnings per share of $0.88 for fiscal year 2025. This represents a -71.2% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

ARDMORE SHIPPING CORPORATION (ASC) Financials

ASC

Trailing 12 months to March 31, 2026

Revenue $324.1M -13.2% YoY

Net Income $58.3M -41.7% YoY

EPS (Diluted) $1.32 -42.4% YoY

Operating Cash Flow $84.8M -38.3% YoY

Market Cap $773.3M as of Oct 17, 2026

Price / Sales 2.4x on $324.1M revenue, trailing 12 months to March 31, 2026

Price / Earnings 13.3x on $58.3M net income, trailing 12 months to March 31, 2026

Price / Book 1.2x on $654.8M equity, Q1 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 17, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q1 FY2026, ended Mar 31, 2026 Reported May 7, 2026 Currency USD FYE December

Newest figures come from the 6-K for Q1 FY2026, filed May 7, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ASC SEC filings page.

ARDMORE SHIPPING CORPORATION (ASC) reported $324.1M in revenue over the twelve months to Mar 31, 2026, down 13.2% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI ASC FY2025 2026-10-03

FY2025 exposed a cyclical earnings reset: sales weakened, cash conversion narrowed, and the balance sheet funded a larger asset base.

Revenue fell 23.6% from FY2024 while net income fell 69.2%, making earnings sensitivity to operating conditions much greater than the sales change alone suggests. Operating cash flow was $82M against $121M of investing outflows; cash generation therefore did not fully fund reported investing activity.

The funding mix changed with the cycle: financing cash flow was $39M in FY2025 after a $127M outflow in FY2024, indicating that investment was not funded solely from operations. Total liabilities rose 2.2x and debt-to-equity moved from 0.1x to 0.2x, showing a measurable return of leverage from the unusually low FY2024 base.

Short-term liquidity remained a cushion: the current ratio reached 4.3x even as current assets fell 11.6%, because current liabilities also contracted. Return on assets fell from 18.9% to 5.2% even as the asset base expanded, indicating lower earnings productivity in FY2025.

Financial Health Signals

Financial health score not available

ARDMORE SHIPPING CORPORATION does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

4/8

ARDMORE SHIPPING CORPORATION passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

1.99x

For every $1 of reported earnings, ARDMORE SHIPPING CORPORATION generates $1.99 in operating cash flow ($81.6M OCF vs $41.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$87.9M

YoY+18.8%

QoQ+6.0%

ARDMORE SHIPPING CORPORATION generated $87.9M in revenue in Q1 2026. This represents an increase of 18.8% from the same quarter a year earlier. Against the prior quarter it is up 6.0%.

Net Income

$23.6M

YoY+277.1%

QoQ+90.6%

ARDMORE SHIPPING CORPORATION reported $23.6M in net income in Q1 2026. This represents an increase of 277.1% from the same quarter a year earlier. Against the prior quarter it is up 90.6%.

EPS (Diluted)

$0.58

YoY+314.3%

QoQ+163.6%

ARDMORE SHIPPING CORPORATION earned $0.58 per diluted share (EPS) in Q1 2026. This represents an increase of 314.3% from the same quarter a year earlier. Against the prior quarter it is up 163.6%.

EBITDA

Not reported for Q1 2026.

Cash & Balance Sheet

Cash & Debt

$47.2M

YoY-0.5%

QoQ+0.8%

ARDMORE SHIPPING CORPORATION held $47.2M in cash against $103.4M in long-term debt as of Q1 2026.

Dividends Per Share

$0.10

YoY+100.0%

ARDMORE SHIPPING CORPORATION paid $0.10 per share in dividends in Q1 2026. This represents an increase of 100.0% from the same quarter a year earlier.

Shares Outstanding

Diluted avg 41M

ARDMORE SHIPPING CORPORATION had a weighted average of 41M diluted shares in Q1 2026; the shares outstanding count is not reported for that period.

Free Cash Flow

Not reported for Q1 2026.

Margins & Returns

Net Margin

26.8%

YoY+18.4pp

QoQ+11.9pp

ARDMORE SHIPPING CORPORATION's net profit margin was 26.8% in Q1 2026, showing the share of revenue converted to profit. This is up 18.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 11.9 percentage points.

Return on Equity

3.6%

YoY+2.6pp

QoQ+1.6pp

ARDMORE SHIPPING CORPORATION's ROE was 3.6% in Q1 2026, measuring profit generated per dollar of shareholder equity. This is up 2.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.6 percentage points.

Gross Margin

Not reported for Q1 2026.

Operating Margin

Not reported for Q1 2026.

Capital Allocation

None of these metrics is reported for Q1 2026.

ASC Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

ASC quarterly income statement

Metric	TTM	FY2520-F	FY2420-F	FY2320-F	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$324.1M	$310.2M-23.6%	$405.8M+2.5%	$396.0M-11.2%	$445.7M+131.6%	$192.5M-12.5%	$220.1M-4.3%	$230.0M+9.5%	$210.2M+7.3%	$195.9M+19.2%	$164.4M+4.1%	$157.9M+134.5%	$67.3M+87.7%	$35.9M+42.5%	$25.2M+12.5%	$22.4M
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$0	$0	$0-100.0%	$8.2M+44.2%	$5.7M+90.6%	$3.0M+14.5%	$2.6M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-$9.6M-213.0%	$8.5M-64.5%	$24.0M-45.8%	$44.3M+662.5%	$5.8M+1755.6%	-$351K+77.0%	-$1.5M-1427.2%	$115K
EBITDA	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$25.5M-40.3%	$42.8M-20.9%	$54.1M-21.0%	$68.5M+231.3%	$20.7M+157.1%	$8.0M+72.1%	$4.7M-14.5%	$5.5M
Interest Expense	$7.3M	$6.1M-9.8%	$6.8M-40.6%	$11.4M-26.6%	$15.5M-4.1%	$16.2M-10.8%	$18.2M-32.1%	$26.8M-2.4%	$27.4M+28.2%	$21.4M+20.4%	$17.8M+44.5%	$12.3M+198.2%	$4.1M+18.9%	$3.5M+16.8%	$3.0M-3.7%	$3.1M
Income Tax	$270K	$241K+12.1%	$215K-50.6%	$435K+110.1%	$207K+38.0%	$150K-24.6%	$199K+238.6%	$59K-63.9%	$163K+173.5%	$60K-1.4%	$60K-24.3%	$80K+70.8%	$47K+38.6%	$34K-34.2%	$51K+281.6%	$13K
Net Income	$58.3M	$41.0M-69.2%	$133.0M+13.9%	$116.8M-15.6%	$138.5M+475.9%	-$36.8M-509.2%	-$6.0M+73.6%	-$22.9M+46.8%	-$42.9M-243.8%	-$12.5M-433.3%	$3.7M-88.3%	$32.0M+1824.4%	$1.7M+143.2%	-$3.8M+15.3%	-$4.5M-52.6%	-$3.0M
EPS (Basic)	N/A	$0.89-71.2%	$3.09+12.0%	$2.76-24.0%	$3.63+424.1%	-$1.12-522.2%	-$0.18+73.9%	-$0.69	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	$1.32	$0.88-71.2%	$3.06+12.9%	$2.71-23.0%	$3.52+414.3%	-$1.12-522.2%	-$0.18+73.9%	-$0.69	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Diluted Shares (Avg)	N/A	41M-2.9%	42M+0.5%	42M+9.0%	38M+13.2%	34M+1.9%	33M+0.4%	33M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'266-K	Q4'256-K	Q3'256-K	Q2'256-K	Q1'256-K	Q4'2420-F	Q3'246-K	Q2'246-K
Revenue	$87.9M+18.8%	$82.9M+1.1%	$81.2M-15.5%	$72.0M-40.6%	$74.0M-30.4%	$82.0M-17.0%	$96.1M+10.6%	$121.3M+32.0%
Interest Expense	$2.1M+123.4%	$2.4M+116.3%	$1.7M+58.1%	$1.0M-49.0%	$935K-63.0%	$1.1M-59.4%	$1.1M-63.2%	$2.0M-27.6%
Income Tax	$55K+111.5%	$39K+200.0%	$137K+85.1%	$39K-20.4%	$26K-67.1%	$13K-85.2%	$74K+48.0%	$49K-79.6%
Net Income	$23.6M+277.1%	$12.4M+78.5%	$12.8M-47.0%	$9.6M-84.7%	$6.3M-84.1%	$6.9M-74.3%	$24.1M+13.9%	$62.7M+155.8%
EPS (Basic)	$0.58+314.3%	$0.23+76.9%	$0.30-45.5%	$0.22-85.1%	$0.14-84.9%	$0.13-79.7%	$0.55+12.2%	$1.48+159.6%
EPS (Diluted)	$0.58+314.3%	$0.22+69.2%	$0.30-45.5%	$0.22-85.0%	$0.14-84.8%	$0.13-79.0%	$0.55+12.2%	$1.47+157.9%
Diluted Shares (Avg)	41M+0.6%	N/A	41M-3.9%	41M-3.1%	41M-3.1%	N/A	42M+1.5%	42M+0.7%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA.

ASC Balance Sheet

ASC quarterly balance sheet

Metric	FY2520-F	FY2420-F	FY2320-F	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$788.7M+11.9%	$704.8M+2.0%	$691.0M-4.5%	$723.9M-0.1%	$724.5M-3.7%	$752.0M-2.6%	$772.4M-8.6%	$844.8M-0.1%	$845.5M-4.3%	$883.6M+13.5%	$778.2M+38.4%	$562.2M+57.1%	$358.0M+98.9%	$180.0M	N/A
Current Assets	$111.8M-11.6%	$126.5M-0.2%	$126.8M-19.6%	$157.7M+67.4%	$94.2M-8.1%	$102.5M+4.6%	$98.0M-10.5%	$109.5M+30.5%	$83.9M-10.5%	$93.8M-18.8%	$115.4M+59.8%	$72.2M+16.6%	$62.0M+216.4%	$19.6M	N/A
Cash & Equivalents	$46.8M-0.3%	$47.0M+0.4%	$46.8M-7.4%	$50.6M-8.8%	$55.4M-5.0%	$58.4M+12.8%	$51.7M-9.1%	$56.9M+44.2%	$39.5M-29.5%	$56.0M+41.8%	$39.5M-34.1%	$59.9M+5.3%	$56.9M+270.8%	$15.3M+180.8%	$5.5M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$8.9M-21.2%	$11.3M-10.0%	$12.6M-20.1%	$15.7M+41.7%	$11.1M+8.0%	$10.3M+1.1%	$10.2M-20.7%	$12.8M+33.0%	$9.6M+31.2%	$7.3M+84.9%	$4.0M+59.7%	$2.5M+119.7%	$1.1M+69.8%	$666K	N/A
Accounts Receivable	$47.5M-21.9%	$60.9M+8.2%	$56.2M-29.6%	$79.8M+293.2%	$20.3M+14.0%	$17.8M-40.8%	$30.1M+9.6%	$27.5M+0.7%	$27.3M+17.8%	$23.1M-11.6%	$26.2M+425.3%	$5.0M+570.7%	$743K-14.0%	$864K	N/A
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$154.4M+122.5%	$69.4M-40.5%	$116.5M-46.4%	$217.4M-45.0%	$395.5M-8.4%	$431.7M-3.3%	$446.4M-10.4%	$498.2M+7.2%	$464.6M-3.1%	$479.4M+11.3%	$430.6M+83.2%	$235.0M+87.1%	$125.6M+75.5%	$71.6M	N/A
Current Liabilities	$25.8M-13.4%	$29.8M-11.8%	$33.8M-36.1%	$52.9M-9.5%	$58.5M-7.0%	$62.9M+4.1%	$60.4M-20.0%	$75.5M+29.7%	$58.3M-1.3%	$59.0M-14.9%	$69.4M+134.2%	$29.6M+73.7%	$17.0M+51.0%	$11.3M	N/A
Non-Current Liabilities	$128.5M+225.0%	$39.5M-52.2%	$82.7M-49.7%	$164.5M-51.2%	$337.0M-8.6%	$368.8M-4.5%	$386.0M-8.7%	$422.6M+4.0%	$406.3M-3.3%	$420.4M+16.4%	$361.2M+75.9%	$205.4M+89.2%	$108.6M+80.1%	$60.3M	N/A
Long-Term Debt	$127.0M+227.4%	$38.8M-2.0%	$39.6M-65.8%	$115.9M-10.9%	$130.0M-30.9%	$188.1M+0.5%	$187.1M-9.0%	$205.5M-44.1%	$367.4M-10.7%	$411.4M+13.9%	$361.2M+102.3%	$178.6M+123.9%	$79.8M+32.3%	$60.3M	N/A
Total Equity	$634.3M+4.4%	$607.6M+13.1%	$537.4M+14.5%	$469.4M+60.8%	$292.0M-8.9%	$320.3M-1.8%	$326.1M-5.9%	$346.6M-9.0%	$381.0M-5.8%	$404.3M+16.3%	$347.6M+6.2%	$327.2M+40.8%	$232.4M+114.4%	$108.4M+75.9%	$61.6M
Retained Earnings	$188.8M+14.5%	$164.9M+102.6%	$81.4M+437.7%	$15.1M+112.6%	-$119.9M-46.5%	-$81.8M-8.0%	-$75.8M-43.2%	-$52.9M-453.2%	-$9.6M-427.4%	$2.9M-71.9%	$10.4M+195.7%	-$10.9M+13.3%	-$12.5M-44.3%	-$8.7M	N/A

Metric	Q1'266-K	Q4'256-K	Q3'256-K	Q2'256-K	Q1'256-K	Q4'2420-F	Q3'246-K	Q2'246-K
Total Assets	$789.6M+14.4%	$788.7M+11.9%	$799.8M+10.7%	$703.8M-5.1%	$690.4M-1.9%	$704.8M+2.0%	$722.8M+5.3%	$742.0M+6.6%
Current Assets	$146.2M+27.1%	$111.8M-11.6%	$116.2M-12.5%	$120.1M-15.6%	$115.0M-20.1%	$126.5M-0.2%	$132.8M+7.7%	$142.4M+5.4%
Cash & Equivalents	$47.2M-0.5%	$46.8M-0.3%	$47.1M-1.1%	$49.5M+4.4%	$47.4M-2.4%	$47.0M+0.4%	$47.6M-6.3%	$47.4M-7.0%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$13.0M+16.5%	$8.9M-21.2%	$10.0M-13.6%	$10.0M-24.3%	$11.2M-6.2%	$11.3M-10.0%	$11.6M-22.3%	$13.2M-7.1%
Accounts Receivable	$52.8M+10.6%	$47.5M-21.9%	$53.6M-17.7%	$52.8M-29.8%	$47.7M-20.9%	$60.9M+8.2%	$65.1M+28.1%	$75.2M+19.2%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$134.8M+159.5%	$154.4M+122.5%	$143.9M+144.8%	$57.8M-33.8%	$52.0M-47.6%	$69.4M-40.5%	$58.8M-55.6%	$87.3M-43.8%
Current Liabilities	$30.0M-2.7%	$25.8M-13.4%	$26.0M-30.0%	$30.9M-24.0%	$30.9M-58.2%	$29.8M-11.8%	$37.2M-12.7%	$40.7M+5.4%
Non-Current Liabilities	$104.8M+396.6%	$128.5M+225.0%	$117.8M+445.8%	$26.9M-42.4%	$21.1M-16.9%	$39.5M-52.2%	$21.6M-75.9%	$46.6M-60.1%
Long-Term Debt	$103.4M+405.2%	$127.0M+227.4%	$116.1M+480.7%	$25.0M-43.4%	$20.5M-11.5%	$38.8M-2.0%	$20.0M-56.6%	$44.2M-38.9%
Total Equity	$654.8M+7.2%	$634.3M+4.4%	$628.2M+0.2%	$618.3M+0.1%	$610.7M+7.5%	$607.6M+13.1%	$627.0M+21.3%	$617.7M+22.6%
Retained Earnings	$208.7M+24.8%	$188.8M+14.5%	$183.5M+9.6%	$174.2M+8.9%	$167.3M+50.6%	$164.9M+102.6%	$167.4M+170.7%	$160.0M+224.2%

Not reported in any period shown, so not listed: Goodwill.

ASC Cash Flow Statement

ASC quarterly cash flow statement

Metric	TTM	FY2520-F	FY2420-F	FY2320-F	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$84.8M	$81.6M-49.1%	$160.4M+0.5%	$159.6M+28.5%	$124.2M+4405.3%	-$2.9M-106.3%	$46.1M+125.2%	$20.5M+117.2%	$9.4M-48.8%	$18.4M-56.8%	$42.6M+13.2%	$37.7M+203.2%	$12.4M+53.0%	$8.1M+103.8%	$4.0M+903.2%	$397K
Depreciation & Amortization	N/A	$33.8M+11.9%	$30.2M+8.7%	$27.8M-5.0%	$29.3M-7.7%	$31.7M-1.5%	$32.2M-0.4%	$32.3M-8.0%	$35.1M+2.5%	$34.3M+13.9%	$30.1M+24.6%	$24.2M+62.6%	$14.9M+77.1%	$8.4M+35.4%	$6.2M+16.0%	$5.3M
Stock-Based Compensation	N/A	$2.8M-39.6%	$4.7M+44.5%	$3.2M+5.2%	$3.1M+17.0%	$2.6M-12.9%	$3.0M+28.6%	$2.3M+42.6%	$1.6M+258.1%	$457K-65.0%	$1.3M-9.2%	$1.4M+3.9%	$1.4M+142.1%	$571K+4978.4%	$11K-32.5%	$17K
Investing Cash Flow	-$119.2M	-$121.0M-267.0%	-$33.0M-22.9%	-$26.8M-175.8%	$35.4M+2076.4%	$1.6M+107.8%	-$21.0M-187.9%	$23.9M+236.1%	-$17.6M-669.3%	-$2.3M+98.1%	-$122.3M+47.5%	-$232.8M	N/A	-$144.6M-868.0%	-$14.9M+73.8%	-$56.9M
Financing Cash Flow	$34.1M	$39.2M+130.8%	-$127.3M+6.8%	-$136.5M+17.0%	-$164.5M-9821.4%	-$1.7M+91.0%	-$18.5M+62.7%	-$49.5M-293.7%	$25.6M+178.4%	-$32.6M-134.2%	$95.5M-45.5%	$175.4M	N/A	$178.0M+754.7%	$20.8M-63.3%	$56.8M
Dividends Paid	$12.6M	$12.2M-73.0%	$45.1M-4.4%	$47.2M	N/A	N/A	$1.7M	$0	$0	$0-100.0%	$9.3M-28.1%	$13.0M+34.7%	$9.6M+708.8%	$1.2M	$0	$0
Share Buybacks	N/A	N/A	$17.9M	N/A	N/A	N/A	$287K	$0	$0-100.0%	$11.3M+276.2%	$3.0M	$0-100.0%	$1.3M	$0	$0	N/A

Metric	Q1'266-K	Q4'256-K	Q3'256-K	Q2'256-K	Q1'256-K	Q4'2420-F	Q3'246-K	Q2'246-K
Operating Cash Flow	$29.4M+12.0%	$26.2M+14.1%	$17.9M-55.0%	$11.2M-76.8%	$26.3M-46.6%	$23.0M+22.6%	$39.9M-5.0%	$48.4M+15.1%
Depreciation & Amortization	$9.4M+22.6%	$9.5M+21.9%	$8.8M+11.8%	$7.9M+3.9%	$7.7M+9.7%	$7.8M+9.8%	$7.8M+13.1%	$7.6M+11.6%
Stock-Based Compensation	$531K-17.9%	N/A	N/A	N/A	$647K-21.7%	N/A	N/A	N/A
Investing Cash Flow	-$1.7M+51.7%	-$2.0M+36.5%	-$104.4M-7947.5%	-$11.1M+26.8%	-$3.6M+73.4%	-$3.1M+62.3%	-$1.3M+80.0%	-$15.1M-152.6%
Financing Cash Flow	-$27.3M-22.9%	-$24.5M-19.5%	$84.0M+318.7%	$1.9M+105.4%	-$22.2M+34.5%	-$20.5M-41.1%	-$38.4M-7.5%	-$34.5M+8.4%
Dividends Paid	$3.7M+13.3%	$4.1M-46.2%	$2.8M-82.1%	$2.0M-84.3%	$3.2M-62.7%	$7.6M+14.4%	$15.9M+102.7%	$12.9M-10.2%

Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Share Buybacks.

ASC Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

ASC quarterly financial ratios

Metric	FY2520-F	FY2420-F	FY2320-F	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-4.6%-8.9pp	4.3%-10.3pp	14.6%-13.5pp	28.1%+19.4pp	8.6%+9.6pp	-1.0%+5.1pp	-6.1%-6.6pp	0.5%
Net Margin	13.2%-19.6pp	32.8%+3.3pp	29.5%-1.6pp	31.1%+50.2pp	-19.1%-16.4pp	-2.8%+7.2pp	-9.9%+10.5pp	-20.4%-14.1pp	-6.4%-8.7pp	2.3%-18.0pp	20.2%+17.8pp	2.5%+13.2pp	-10.7%+7.3pp	-18.0%-4.7pp	-13.3%
Return on Equity	6.5%-15.4pp	21.9%+0.2pp	21.7%-7.8pp	29.5%+42.1pp	-12.6%-10.7pp	-1.9%+5.1pp	-7.0%+5.4pp	-12.4%-9.1pp	-3.3%-4.2pp	0.9%-8.3pp	9.2%+8.7pp	0.5%+2.2pp	-1.7%+2.5pp	-4.2%+0.6pp	-4.8%
Return on Assets	5.2%-13.7pp	18.9%+2.0pp	16.9%-2.2pp	19.1%+24.2pp	-5.1%-4.3pp	-0.8%+2.2pp	-3.0%+2.1pp	-5.1%-3.6pp	-1.5%-1.9pp	0.4%-3.7pp	4.1%+3.8pp	0.3%+1.4pp	-1.1%+1.5pp	-2.5%	N/A
Current Ratio	4.33+0.1x	4.24+0.5x	3.75+0.8x	2.98+1.4x	1.610.0x	1.630.0x	1.62+0.2x	1.450.0x	1.44-0.1x	1.59-0.1x	1.66-0.8x	2.44-1.2x	3.63+1.9x	1.73	N/A
Debt-to-Equity	0.20+0.1x	0.060.0x	0.07-0.2x	0.25-0.2x	0.45-0.1x	0.590.0x	0.570.0x	0.59-0.4x	0.96-0.1x	1.020.0x	1.04+0.5x	0.55+0.2x	0.34-0.2x	0.56	N/A
Asset Turnover	0.39-0.2x	0.580.0x	0.570.0x	0.62+0.4x	0.270.0x	0.290.0x	0.300.0x	0.250.0x	0.230.0x	0.190.0x	0.20+0.1x	0.120.0x	0.100.0x	0.14	N/A

Metric	Q1'266-K	Q4'256-K	Q3'256-K	Q2'256-K	Q1'256-K	Q4'2420-F	Q3'246-K	Q2'246-K
Net Margin	26.8%+18.4pp	14.9%+6.5pp	15.7%-9.4pp	13.3%-38.4pp	8.5%-28.5pp	8.5%-18.9pp	25.1%+0.7pp	51.7%+25.0pp
Return on Equity	3.6%+2.6pp	1.9%+0.8pp	2.0%-1.8pp	1.6%-8.6pp	1.0%-5.9pp	1.1%-3.9pp	3.9%-0.3pp	10.2%+5.3pp
Return on Assets	3.0%+2.1pp	1.6%+0.6pp	1.6%-1.7pp	1.4%-7.1pp	0.9%-4.7pp	1.0%-2.9pp	3.3%+0.2pp	8.5%+4.9pp
Current Ratio	4.87+1.1x	4.33+0.1x	4.46+0.9x	3.88+0.4x	3.73+1.8x	4.24+0.5x	3.57+0.7x	3.500.0x
Debt-to-Equity	0.16+0.1x	0.20+0.1x	0.18+0.2x	0.040.0x	0.030.0x	0.060.0x	0.03-0.1x	0.07-0.1x
Asset Turnover	0.110.0x	0.110.0x	0.100.0x	0.10-0.1x	0.110.0x	0.120.0x	0.130.0x	0.160.0x

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
ARDMORE SHIPPING CORPORATION ASC	FY2025	$310.2M	$41.0M	13.2%	$773.3M	—
Euroseas Ltd.(Marshall Islands) ESEA	FY2025	$227.9M	$137.0M	60.1%	$466.9M	70/100
Safe Bulkers, Inc. SB	FY2025	N/A	$38.6M	N/A	$891.3M	—
Pangaea Logistics Solutions Ltd. PANL	FY2025	$632.0M	$19.4M	3.1%	$498.3M	54/100
GENCO SHIPPING & TRADING LTD GNK	FY2025	$342.1M	-$4.4M	-1.3%	$1.1B	49/100
SFL Corporation Ltd. SFL	FY2025	$733.0M	-$26.4M	-3.6%	$1.7B	31/100

Where ARDMORE SHIPPING CORPORATION Ranks

Frequently Asked Questions

What is ARDMORE SHIPPING CORPORATION's annual revenue?

ARDMORE SHIPPING CORPORATION (ASC) reported $310.2M in total revenue for fiscal year 2025. This represents a -23.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is ARDMORE SHIPPING CORPORATION's revenue growing?

ARDMORE SHIPPING CORPORATION (ASC) revenue declined by 23.6% year-over-year, from $405.8M to $310.2M in fiscal year 2025.

Is ARDMORE SHIPPING CORPORATION profitable?

Yes, ARDMORE SHIPPING CORPORATION (ASC) reported a net income of $41.0M in fiscal year 2025, with a net profit margin of 13.2%.

How much debt does ARDMORE SHIPPING CORPORATION have?

As of fiscal year 2025, ARDMORE SHIPPING CORPORATION (ASC) had $46.8M in cash and equivalents against $127.0M in long-term debt.

What is ARDMORE SHIPPING CORPORATION's net profit margin?

ARDMORE SHIPPING CORPORATION (ASC) had a net profit margin of 13.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is ARDMORE SHIPPING CORPORATION's return on equity (ROE)?

ARDMORE SHIPPING CORPORATION (ASC) has a return on equity of 6.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is ARDMORE SHIPPING CORPORATION's operating cash flow?

ARDMORE SHIPPING CORPORATION (ASC) generated $81.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are ARDMORE SHIPPING CORPORATION's total assets?

ARDMORE SHIPPING CORPORATION (ASC) had $788.7M in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does ARDMORE SHIPPING CORPORATION have outstanding?

ARDMORE SHIPPING CORPORATION (ASC) had 41M shares outstanding as of fiscal year 2025.

What is ARDMORE SHIPPING CORPORATION's current ratio?

ARDMORE SHIPPING CORPORATION (ASC) had a current ratio of 4.33 as of fiscal year 2025, which is generally considered healthy.

What is ARDMORE SHIPPING CORPORATION's debt-to-equity ratio?

ARDMORE SHIPPING CORPORATION (ASC) had a debt-to-equity ratio of 0.20 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is ARDMORE SHIPPING CORPORATION's return on assets (ROA)?

ARDMORE SHIPPING CORPORATION (ASC) had a return on assets of 5.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is ARDMORE SHIPPING CORPORATION's P/E ratio?

ARDMORE SHIPPING CORPORATION (ASC) trades at 13.3x earnings, its market capitalization divided by net income of $58.3M net income, trailing 12 months to March 31, 2026. The market capitalization is $773.3M as of Oct 17, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is ARDMORE SHIPPING CORPORATION's price-to-sales ratio?

ARDMORE SHIPPING CORPORATION (ASC) trades at 2.4x sales, its market capitalization divided by revenue of $324.1M revenue, trailing 12 months to March 31, 2026. The market capitalization is $773.3M as of Oct 17, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is ARDMORE SHIPPING CORPORATION's Piotroski F-Score?

ARDMORE SHIPPING CORPORATION (ASC) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are ARDMORE SHIPPING CORPORATION's earnings high quality?

ARDMORE SHIPPING CORPORATION (ASC) has an earnings quality ratio of 1.99x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.