ASC
Ardmore Shpng
NYSE: ASC · INDUSTRIALS · MARINE SHIPPING
$17.72
-0.67% today
Updated 2026-04-30
Market cap
$683.85M
P/E ratio
19.05
P/S ratio
2.21x
EPS (TTM)
$0.88
Dividend yield
1.85%
52W range
$9 – $17
Volume
0.7M
Ardmore Shpng (ASC) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $22.38M | $25.17M | $35.87M | $67.33M | $157.88M | $164.40M | $195.94M | $210.18M | $230.04M | $220.06M | $192.48M | $445.74M | $395.98M | $405.78M | $310.20M |
| Revenue growth (YoY) | — | +12.5% | +42.5% | +87.7% | +134.5% | +4.1% | +19.2% | +7.3% | +9.5% | -4.3% | -12.5% | +131.6% | -11.2% | +2.5% | -23.6% |
| Cost of revenue | $7.47M | $8.68M | $10.91M | $21.86M | $54.29M | $67.21M | $107.01M | $133.28M | $190.93M | $176.64M | $184.44M | $250.21M | $228.87M | $249.46M | $204.09M |
| Gross profit | $14.90M | $16.49M | $24.96M | $45.47M | $103.59M | $97.19M | $88.93M | $76.90M | $39.12M | $43.42M | $8.05M | $195.53M | $167.11M | $156.33M | $106.11M |
| Gross margin | 66.6% | 65.5% | 69.6% | 67.5% | 65.6% | 59.1% | 45.4% | 36.6% | 17.0% | 19.7% | 4.2% | 43.9% | 42.2% | 38.5% | 34.2% |
| R&D | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | $2.60M | $2.98M | $5.67M | $8.18M | $10.42M | $12.06M | $11.98M | $12.63M | $18.15M | $17.90M | $19.20M | $24.11M | $25.24M | $23.44M | $20.36M |
| Operating income | $115020.00 | $-1.53M | $-350930.00 | $5.81M | $44.30M | $24.00M | $8.51M | $-9.62M | $20.97M | $18.88M | $-14.76M | $163.62M | $131.67M | $128.29M | $81.03M |
| Operating margin | 0.5% | -6.1% | -1.0% | 8.6% | 28.1% | 14.6% | 4.3% | -4.6% | 9.1% | 8.6% | -7.7% | 36.7% | 33.3% | 31.6% | 26.1% |
| EBITDA | $5.46M | $4.67M | $8.04M | $20.66M | $68.46M | $54.37M | $46.14M | $21.14M | $33.72M | $42.74M | $9.92M | $185.62M | $157.85M | $178.39M | $81.03M |
| EBITDA margin | 24.4% | 18.5% | 22.4% | 30.7% | 43.4% | 33.1% | 23.6% | 10.1% | 14.7% | 19.4% | 5.2% | 41.6% | 39.9% | 44.0% | 26.1% |
| EBIT | $118628.00 | $-1.53M | $-344871.00 | $5.81M | $44.30M | $21.56M | $8.95M | $-17.64M | $1.40M | $10.56M | $-21.79M | $156.34M | $130.03M | $144.51M | $47.18M |
| Interest expense | $2.79M | $2.97M | $3.46M | $4.12M | $12.28M | $17.75M | $21.38M | $25.14M | $26.76M | $18.09M | $16.36M | $15.54M | $11.41M | $6.78M | $6.11M |
| Income tax | $13426.00 | $51237.00 | $33726.00 | $46749.00 | $79860.00 | $60434.00 | $59567.00 | $162923.00 | $58766.00 | $199000.00 | $150000.00 | $207000.00 | $435000.00 | $215000.00 | $241000.00 |
| Effective tax rate | -0.5% | -1.1% | -0.9% | 2.7% | 0.2% | 1.6% | -0.5% | -0.4% | -0.3% | -3.4% | -0.4% | 0.1% | 0.4% | 0.2% | 0.6% |
| Net income | $-2.98M | $-4.54M | $-3.84M | $1.66M | $31.95M | $3.75M | $-12.49M | $-42.94M | $-22.86M | $-6.05M | $-36.83M | $138.45M | $116.81M | $133.01M | $41.01M |
| Net income growth (YoY) | — | -52.6% | +15.3% | +143.2% | +1824.4% | -88.3% | -433.3% | -243.8% | +46.8% | +73.6% | -509.2% | +475.9% | -15.6% | +13.9% | -69.2% |
| Profit margin | -13.3% | -18.0% | -10.7% | 2.5% | 20.2% | 2.3% | -6.4% | -20.4% | -9.9% | -2.7% | -19.1% | 31.1% | 29.5% | 32.8% | 13.2% |