Ardmore Shipping Corporation Gross Margin

Gross Margin of ASC for past 10 years: annual, quarterly and twelve month trailing (TTM) including Gross Margin growth rates and interactive chart. Gross profit margin shows the percentage of revenue that exceeds a company's costs of goods sold. It illustrates how well a company is generating revenue from the costs involved in producing their products and services. The higher the margin, the more effective the company's management is in generating revenue for each dollar of cost. Gross profit margin is calculated by subtracting the cost of goods sold from total revenue for the period and dividing that number by revenue. If a company has $200 million in revenue and $80 million in cost of goods sold, the gross margin is 60%.


Highlights and Quick Summary

  • Gross Margin for the quarter ending March 30, 2021 was 0.35% (a -102.53% decrease compared to previous quarter)
  • Year-over-year quarterly Gross Margin decreased by -98.98%
  • Annual Gross Margin for 2020 was 16.59% (a 11.19% increase from previous year)
  • Annual Gross Margin for 2019 was 14.92% (a 402.36% increase from previous year)
  • Annual Gross Margin for 2018 was 2.97% (a -74.83% decrease from previous year)
  • Twelve month Gross Margin ending March 30, 2021 was 9.96% (a -39.96% decrease compared to previous quarter)
  • Twelve month trailing Gross Margin decreased by -67.96% year-over-year
Trailing Gross Margin for the last four month:
30 Mar '21 30 Dec '20 29 Sep '20 29 Jun '20
9.96% 16.59% 26.94% 31.09%
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Historical Gross Margin of Ardmore Shipping Corporation

Most recent Gross Marginof ASC including historical data for past 10 years.

Interactive Chart of Gross Margin of Ardmore Shipping Corporation

Ardmore Shipping Corporation Gross Margin for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 0.35%
2020 -13.85% 5.02% 34.31% 25.62% 16.59%
2019 36.43% 27.49% 30.61% 29.19% 14.92%
2018 18.79% 16.98% 23.02% 27.11% 2.97%
2017 30.95% 28.82% 33.56% 29.73% 11.8%
2016 32.71% 37.45% 50.62% 51.52% 23.16%
2015 48.49% 57.84% 49.62% 48.2% 51.51%
2014 44.25% 41.71% 50.06% 50.38% 45.86%
2013 35.53% 43.7% 46.06% 44.29% 42.18%
2012 27.93% 38.52% 32.12%
2011 36.01%

Business Profile of Ardmore Shipping Corporation

Sector: Industrials
Industry: Marine Shipping
Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of February 15, 2021, the company operated a fleet of 25 double-hulled product and chemical tankers. It serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. The company was founded in 2010 and is based in Pembroke, Bermuda.