Ardmore Shipping Corporation ASC

17.85 0.02 0.11% as of 25 Sep
Market cap
$728.4M
P/E
6.9×

Insider Decisions

Total sells 1.13
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — 7 — — — —
Insider Ownership 15.41%

Capital & Financial Ratios

Market Cap 728.39
Revenue 368.29
Net Income 109.26
Free Cash Flow 59.27
Net Debt (14.76)
Current Ratio 5.45
Debt/Equity 0.05
P/E ratio 6.89
P/S ratio 1.98
P/B ratio 1.04
Past 5Y EPS Growth —
This Y EPS Growth 204.91%
Next Y EPS Growth (42.52%)
Next 5Y EPS Growth 5.95%
in millions of $

Dividends

Payout Ratio 0.18
Annual Dividend Rate 0.80
Annual Dividend Yield 6.26%
total individual payouts
2027 Powerpack
2026 2.16
0.09
0.39
0.79
2025 0.26
0.08
0.05
0.07
0.10
2024 1.08
0.21
0.31
0.38
0.18
2023 1.15
0.45
0.35
0.19
0.16
2022 Powerpack
2021 Powerpack
2020 0.05
0.05
2019 Powerpack
2017 Powerpack
2016 0.40
0.13
0.16
0.11
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 47 47 47 48
Receivables 56 61 48 55
Inventory 13 11 9 14
Other 7 3 5 2
127 127 112 124
2023 2024 2025 Q'26
Payables 2 6 5 6
ST’ Debt 6 — — —
Other — — — —
34 30 26 23
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 6.99% 7.11% (11.38%)
Cash Flow 8.05% 12.11% (13.05%)
Earnings 1.22% 0.00% (35.60%)
Book Value 6.20% 14.64% 10.56%

Revenue

Mar Jun Sep Dec Year
’26 88 116 — — —
’25 74 72 81 83 310
’24 106 121 96 82 406
’23 118 92 87 99 396
’22 63 107 142 133 446
’21 46 47 47 52 192
’20 65 68 45 42 220
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 29 53 — — —
’25 26 11 18 26 82
’24 49 48 40 23 160
’23 57 42 42 19 160
’22 (6) 15 55 61 124
’21 (1) 1 (3) (1) (3)
’20 12 19 16 (1) 46
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 28 87 — — —
’25 24 (1) (81) 25 (33)
’24 36 32 39 20 126
’23 51 44 33 10 139
’22 (6) 28 79 59 160
’21 8 1 (3) (1) 4
’20 11 19 (3) (2) 25
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 0.58 1.48 — — —
’25 0.14 0.22 0.30 0.23 0.88
’24 0.92 1.47 0.55 0.12 3.06
’23 1.04 0.57 0.49 0.63 2.71
’22 (0.23) 0.81 1.52 1.28 3.52
’21 (0.26) (0.24) (0.37) (0.25) (1.12)
’20 0.20 0.41 (0.20) (0.59) (0.18)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
5.00 6.60 4.22 4.51 2.61 3.07 3.09 11.59 10.86 8.32

Analyst estimates 2026–2028

Powerpack
Low Price
12.69 9.05 8.75 9.79 9.20 5.43 16.32 19.41 23.44 13.85
High Price
1,027 1,151 1,128 1,105 1,101 1,047 991 834 880 940
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
164 196 210 230 220 192 446 396 406 310
Revenue
43.11% 30.78% 21.42% 31.05% 34.03% 18.78% 48.68% 45.47% 46.87% 36.00%
Gross Margin
4 (12) (43) (23) (6) (36) 139 118 138 42
EBT
2.32% (6.34%) (20.35%) (9.91%) (2.66%) (18.89%) 31.15% 29.87% 33.94% 13.40%
EBT Margin
4 (12) (43) (23) (6) (37) 138 117 133 41
Net Income
36 40 43 40 40 38 35 33 35 40
Depreciation
5.45 5.86 6.40 6.95 6.62 5.68 11.97 9.63 9.74 7.64
Revenue/Sh
0.12 (0.37) (1.31) (0.69) (0.18) (1.12) 3.63 2.76 3.09 0.89
Earnings/Sh
1.41 0.55 0.29 0.62 1.39 (0.09) 3.34 3.88 3.85 2.01
Cash Flow/Sh
(4.04) (0.01) (0.53) 0.73 (0.63) 0.21 0.97 (0.50) (0.82) (2.82)
Capex/Sh
(2.63) 0.54 (0.24) 1.35 0.76 0.13 4.31 3.38 3.03 (0.81)
Free CF/Sh
13.41 11.39 10.55 9.85 9.64 8.62 12.61 13.07 14.59 15.61
Book Value/Sh
30 33 33 33 33 34 37 41 42 41
Shares
35.71 0.00 0.00 0.00 0.00 0.00 4.03 5.20 3.94 11.90
PE Ratio
1.38 1.38 0.73 1.30 0.49 0.60 1.17 1.49 1.25 1.39
PS Ratio
0.56 0.71 0.44 0.92 0.34 0.39 1.11 1.09 0.83 0.68
PB Ratio
3.85 3.44 2.57 2.84 2.00 2.13 1.43 1.59 1.23 1.65
EV/Sales
(7.98) 37.42 (68.18) 14.66 17.47 93.50 3.97 4.52 3.96 (15.59)
EV/FCF
43 18 9 20 46 (3) 124 160 160 82
Op' Cash Flow
(122) 0 (17) 24 (21) 7 36 (21) (34) (115)
Capex
(79) 18 (8) 45 25 4 160 139 126 (33)
FCF
35 26 34 38 40 36 105 93 97 86
Working Cap'
462 443 444 405 390 350 172 88 39 127
Total Debt
406 404 387 353 331 295 117 41 (8) 80
Net Debt
404 381 347 326 320 292 469 537 608 634
Sh' Equity
0.45% (1.44%) (5.08%) (2.83%) (0.79%) (5.16%) 18.65% 16.03% 18.43% 4.83%
ROA
1.85% 0.68% (0.82%) 1.49% 1.78% (2.12%) 17.00% 13.85% 13.38% 4.13%
ROIC
1.00% (3.18%) (11.80%) (6.80%) (1.87%) (12.44%) 35.48% 22.53% 22.46% 5.81%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Ardmore Shipping Corporation (ASC) key facts

  • Ardmore Shipping Corporation (ASC) is a Marine Shipping company in the Industrials sector, listed on the New York Stock Exchange.
  • Ardmore Shipping Corporation’s revenue for fiscal 2025 (year ended December 2025) was $310.2 million, down 23.6% from fiscal 2024.
  • As of September 25, 2026, ASC traded at $17.85, a market capitalization of $728.4 million.
  • Ardmore Shipping Corporation pays an annual dividend of $0.80 per share, a yield of 6.26%, with a payout ratio of 17.7%.
  • Return on equity was 5.81% and debt-to-equity 0.05.

Source: company filings (standardised) and stockrow calculations.

Ardmore Shipping Corporation (ASC) Latest News

News by impact score

Fine-tune

27 Aug

3

Ardmore Shipping Corporation exercised newbuilding options to order additional vessels. Fleet expansion via newbuilding options moderately boosts future capacity and operational scale.

7 Aug

3 transcript

Ardmore Shipping (ASC) held its Q2 2026 earnings call discussing quarterly financial results, operational performance, and forward outlook. Earnings call provides quarterly results and guidance that can shift near-term investor sentiment and trading activity.

30 Jul

3

Ardmore Shipping Corporation held its Q2 2026 earnings call, outlining quarterly financial results, operational performance, and forward-looking guidance for the tanker segment. Quarterly earnings details and guidance typically influence near-term stock sentiment and valuation without fundamentally reshaping long-term strategy.

29 Jul

4

Ardmore Shipping Corp (ASC) posted strong Q2 2026 earnings and highlighted strategic initiatives in its earnings call. Strong earnings and strategic initiatives signal major positive shifts in financial performance and market trajectory.

3 transcript

Ardmore Shipping Corporation reported Q2 financial results and operational updates during its earnings call. Earnings call details provide quarterly performance data that may shift near-term sentiment without major strategic shifts.

3

Ardmore Shipping Corporation reported financial results for the three and six months ended June 30, 2026. Quarterly earnings directly shape near-term investor views on company performance.

16 Jul

3

Ascencio successfully completed a new bond issue. Bond issue completion directly alters capital structure and liquidity.

16 Jun

3

Ardmore Shipping exercises options to construct new vessels, expanding its fleet. New vessel orders increase fleet capacity with moderate effects on future operations and earnings.

1 Jun

3 transcript

Ardmore Shipping Corporation (ASC) released its Q1 2026 earnings call transcript covering financial results, operations and forward outlook. Q1 earnings transcript supplies performance data and guidance that can shift near-term sentiment and valuation for ASC.

27 May

3

Louis Navellier states that the oil price drop conceals a larger investment opportunity tied to Ardmore Shipping Corporation operations and tanker market dynamics. Oil price shifts alter fuel costs and crude transport demand for ASC tankers, producing moderate effects on near-term financials.

9 May

3

Ardmore Shipping Corporation (ASC) released highlights from its Q1 earnings call, covering financial performance, operational updates, and forward guidance. Q1 earnings call highlights provide insights into financial results and operations with moderate influence on ASC's performance and investor sentiment.

7 May

3

Ardmore Shipping Corporation released Q1 2026 earnings call summary detailing quarterly financial results, operational updates, and forward guidance. Quarterly earnings summary affects financial performance and market sentiment but represents routine reporting limited to one period.

3

Ardmore Shipping Corporation announced financial results for the three months ended March 31, 2026. Quarterly earnings announcements typically exert moderately noticeable influence on financial performance and investor sentiment.

29 Apr

4

Ardmore Shipping Corporation announces fleet investment updates, reaffirms dividend policy, and discloses vessel sale. Fleet investments, dividend policy reaffirmation, and vessel sale constitute major strategic and financial shifts impacting growth and shareholder value.

9 Mar

4

Ardmore Shipping Corporation (ASC) benefits from strong freight market conditions. Strong freight markets drive higher rates and profitability for ASC's tanker operations.

28 Feb

5

Iran may close the Strait of Hormuz, forcing oil tankers to reroute around Africa, massively increasing ton-miles and freight rates to benefit shipping stocks like Ardmore Shipping Corporation (ASC). Strait of Hormuz closure would fundamentally transform tanker market dynamics by spiking demand and rates for ASC's product and chemical carriers.

12 Feb

4 transcript

Ardmore Shipping Corporation reported its Q4 2025 earnings, highlighting a significant increase in revenue driven by higher freight rates and improved operational efficiency. The company also announced strategic initiatives aimed at expanding its fleet and enhancing sustainability practices. Management expressed optimism about market conditions and future growth prospects, despite ongoing challenges in the shipping industry. Key financial metrics showed positive trends, indicating a solid performance for the quarter. The earnings report indicates significant revenue growth and strategic initiatives that could alter the company's future trajectory.

4 transcript

Ardmore Shipping Corporation reported its Q4 earnings, highlighting a strong performance driven by increased demand for its shipping services. The company noted improvements in operational efficiency and fleet utilization, which contributed to higher revenue and profitability. Management provided insights into market trends and future strategies, emphasizing a focus on sustainability and expansion in key markets. The outlook for the upcoming quarters appears positive, with expectations of continued growth amid favorable market conditions. The earnings call indicates significant strategic moves and positive market trends that could alter the company's trajectory.

4

Ardmore Shipping Corporation reported its Q4 earnings, highlighting a significant increase in revenue driven by higher freight rates and improved operational efficiency. The company noted a strong demand for its fleet, which contributed to a positive outlook for the upcoming quarters. Additionally, Ardmore Shipping announced plans for strategic investments to enhance its capabilities and expand its market presence. Overall, the earnings report reflects a solid performance and a commitment to growth amidst a competitive shipping landscape. The earnings report indicates significant revenue growth and strategic investments that could alter the company's trajectory.

3

Ardmore Shipping Corporation reported its financial results for the three and twelve months ending December 31, 2025. The company highlighted key metrics, including revenue, net income, and operational performance, reflecting its strategic initiatives and market conditions. The results indicate a focus on enhancing fleet efficiency and responding to market demands, positioning Ardmore for future growth. Financial results indicate moderate changes in performance that may influence investor sentiment and operational strategies.

30 Jan

3

Ardmore Shipping Corporation held its Ordinary General Meeting on January 30, 2026, where key decisions and updates regarding the company's operations and future strategies were discussed. Shareholders participated in voting on various resolutions, which are expected to influence the company's direction moving forward. The outcomes of the meeting may moderately influence Ardmore Shipping's operational strategies and market positioning.

29 Jan

3

Ardmore Shipping Corporation (ASC) has announced an Investor Day scheduled for 2026 in New York. This event aims to provide investors with insights into the company's strategic direction and operational performance. Details regarding the agenda and speakers will be shared closer to the date, highlighting ASC's commitment to transparency and engagement with its stakeholders. The Investor Day is expected to enhance investor relations and provide insights that may influence market sentiment and operational strategies.

3

Ardmore Shipping Corporation (ASC) is highlighted as one of three reliable dividend stocks, offering a yield of up to 7.7%. The company is noted for its strong financial performance and commitment to returning value to shareholders through dividends. Investors are encouraged to consider ASC for its attractive yield amidst a competitive market landscape. The focus on dividend yield indicates a stable financial position, but broader market conditions may limit significant impact.

16 Jan

4

Ardmore Shipping Corporation (ASC) has garnered significant attention from institutional investors, with 69% of its shares owned by such entities. This high level of institutional ownership indicates strong confidence in the company's prospects among major investors, potentially influencing its market performance and stability. The article highlights the implications of this ownership structure for ASC's future growth and investor sentiment. High institutional ownership typically signals strong investor confidence, which can significantly impact market performance and company trajectory.

26 Dec

3

Ardmore Shipping Corporation (ASC) is highlighted as one of three prominent dividend stocks worth considering for investment. The company is noted for its strong dividend yield and stable financial performance, making it an attractive option for income-focused investors. The article emphasizes the importance of dividend stocks in a diversified portfolio, particularly in the current market environment, where stability and income generation are prioritized. The mention of Ardmore Shipping as a dividend stock indicates a moderately noticeable influence on investor sentiment and potential financial performance.

3 Dec

3

Ardmore Shipping Corporation's intrinsic value is analyzed, focusing on its financial metrics and market position. The assessment includes a review of the company's earnings, asset valuation, and market trends affecting its operations. Key indicators suggest potential growth opportunities and risks that could influence future performance. Investors are encouraged to consider these factors when evaluating Ardmore's stock. The analysis highlights key financial metrics and market trends that may moderately influence Ardmore's performance.

26 Nov

4

Ardmore Shipping Corporation (ASC) reported solid property and financial performance, marking the 11th consecutive year of dividend increases. The company continues to demonstrate resilience and growth in its operations, contributing positively to investor confidence and market positioning. The consistent dividend increase and strong financial performance indicate significant positive momentum for the company's future.

13 Nov

3

Ardmore Shipping Corporation (ASC) is highlighted as one of three reliable dividend stocks with a yield of at least 3.4%, making it an attractive option for investors looking to enhance their portfolios. The company is noted for its strong dividend performance, which is supported by its operational stability and market position in the shipping industry. Investors are encouraged to consider ASC for its potential to provide consistent income amidst market fluctuations. The focus on dividend yield indicates a moderately noticeable influence on investor sentiment and financial performance.

8 Nov

4

Ardmore Shipping Corporation reported strong earnings for Q3 2025, demonstrating resilience amid market volatility. The company highlighted robust operational performance and strategic initiatives that contributed to its financial success. Despite challenges in the shipping industry, Ardmore's effective management and focus on efficiency have positioned it well for future growth. Strong earnings amid market volatility indicate significant operational resilience and strategic positioning.

6 Nov

3

Ardmore Shipping Corporation (ASC) has reported a decline in its net profit margin, raising concerns among investors despite the company's strong long-term earnings growth. The decrease in profitability could signal potential challenges ahead, even as ASC continues to show resilience in its overall financial performance. The decline in net profit margin may affect investor sentiment and financial performance, but long-term growth prospects remain intact.

stockrow.com/ASC · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com