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Ardmore Shpng (ASC) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

INDUSTRIALS · MARINE SHIPPING · DATA UPDATED 2026-09-19

Ardmore Shpng (ASC) operates in the MARINE SHIPPING industry and is headquartered in Hamilton, Bermuda with about 57 employees. Its market capitalization is roughly $754 million. In the fiscal year ended 2025-12-31, ASC reported $310M in revenue and $41M in net income.

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.

Interactive charts & full statements → Open the ASC valuation workbench →

ASC Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-31
Total Revenue$368M$310M$406M$396M$446M$192M$220M$230M$210M$196M$164M$158M$67M$36M$25M$22M
Gross Profit$139M$106M$156M$167M$196M$8M$43M$39M$77M$89M$97M$104M$45M$25M$16M$15M
Gross Margin %37.9%34.2%38.5%42.2%43.9%4.2%19.7%17.0%36.6%45.4%59.1%65.6%67.5%69.6%65.5%66.6%
Operating Income (EBIT)$114M$81M$128M$132M$164M($15M)$19M$21M($10M)$9M$24M$44M$6M$0M($2M)$0M
Operating Margin %31.1%26.1%31.6%33.2%36.7%-7.7%8.6%9.1%-4.6%4.3%14.6%28.1%8.6%-1.0%-6.1%0.5%
Net Income$109M$41M$133M$117M$138M($37M)($6M)($23M)($43M)($12M)$4M$32M$2M($4M)($5M)($3M)
Net Margin %29.7%13.2%32.8%29.5%31.1%-19.1%-2.8%-9.9%-20.4%-6.4%2.3%20.2%2.5%-10.7%-18.0%-13.3%
EBITDA$147M$81M$178M$158M$186M$10M$43M$34M$21M$46M$54M$68M$21M$8M$5M$5M
Earnings Per Share (EPS)$2.67$1.00$3.16$2.79$3.61$-1.09$-0.18$-0.69$-1.31$-0.37$0.12$1.23$0.07$-0.31$-0.56$-0.37
Shares Outstanding (M)41M41M42M42M38M34M33M33M33M33M30M26M25M12M8M8M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

ASC Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$116M$88M$83M$81M$72M$74M$82M$96M
Gross Profit$56M$32M$30M$21M$17M$21M$24M$37M
Gross Margin %47.8%36.4%36.7%26.4%23.0%28.4%28.7%38.4%
Operating Income (EBIT)$50M$26M$24M$15M$10M$15M$12M$26M
Operating Margin %42.8%29.1%29.0%18.6%14.5%20.0%15.1%27.4%
Net Income$61M$24M$12M$13M$10M$6M$7M$24M
Net Margin %52.1%26.8%14.9%15.7%13.3%8.5%8.5%25.1%
EBITDA$61M$37M$24M$25M$20M$15M$19M$33M
Earnings Per Share (EPS)$1.48$0.58$0.30$0.31$0.24$0.15$0.17$0.57
Shares Outstanding (M)41M41M41M41M41M41M42M42M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

ASC Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-31
Cash from Operations (CFO)$127M$82M$160M$160M$124M($3M)$46M$20M$9M$18M$43M$38M$12M$8M$4M$0M
Capital Expenditures (CapEx)$114M$121M$61M$25M$4M$3M$21M$3M$17M$2M$175M$232M$210M$145M$15M$57M
Free Cash Flow (FCF)$13M($39M)$99M$134M$120M($6M)$25M$18M($8M)$16M($132M)($195M)($197M)($136M)($11M)($56M)
FCF Margin %3.6%-12.6%24.5%33.9%27.0%-2.9%11.5%7.8%-3.8%8.4%-80.2%-123.4%-293.0%-380.4%-43.3%-252.1%
Dividends Paid$29M$15M$49M$51M$3M$1M$2M$2M$2M$2M$9M$13M$10M$1M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

ASC Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)$52M$29M$26M$19M$13M$26M$23M$40M
Capital Expenditures (CapEx)$1M$2M$2M$109M$12M$2M$3M$1M
Free Cash Flow (FCF)$51M$28M$24M($90M)$1M$24M$20M$39M
FCF Margin %44.3%31.6%29.3%-110.8%1.5%32.3%24.4%40.2%
Dividends Paid$16M$4M$5M$4M$3M$4M$9M$17M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

ASC Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-31
Total Assets$758M$789M$705M$691M$724M$725M$752M$772M$845M$846M$884M$778M$571M$358M$180M$161M
Cash & Cash Equivalents$48M$47M$47M$47M$51M$55M$58M$52M$57M$39M$56M$40M$60M$57M$15M$5M
Total Liabilities$58M$154M$69M$117M$217M$396M$432M$446M$498M$465M$479M$431M$244M$126M$72M$99M
Total Debt (Short + Long-Term)$34M$128M$44M$52M$137M$166M$229M$226M$255M$408M$453M$416M$232M$119M$67M$96M
Total Shareholders' Equity$700M$634M$635M$574M$506M$329M$320M$326M$347M$381M$404M$348M$327M$232M$108M$62M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive ASC viewer.

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