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. It serves oil majors, national oil companies, oil and chemical traders, chemical companies, and pooling service providers. The company was founded in 2010 and is headquartered in Hamilton, Bermuda.
Ticker
ASC
Exchange
NYSE
Sector
Industrials
Industry
Marine Shipping
Market cap
$711.64M
52-week range
$10.31 - $21.35
Valuation
Share price
$17.42 (close of Nov 6, 2026)
P/E (TTM)
6.48x
Price to book
1.04x
Price to free cash flow
5.47x
Enterprise value
$726.82M
Book value per share
$16.76
Price performance
Period
Change
1 day
+1.93%
5 days
-16.93%
1 month
-7.44%
3 months
+2.35%
6 months
-7.29%
Year to date
+64.49%
1 year
+35.14%
3 years
+27.90%
5 years
+322.82%
10 years
+216.73%
All time
+29.04%
Short interest
As of
Oct 15, 2026
Short % of float
6.77%
Shares short
2.74M
Days to cover
3.75
Change since prior report
+8.14%
Source
FINRA consolidated short interest
Profitability and growth
Return on equity
6.47%
Return on invested capital
6.22%*
Return on assets
5.20%
Return on capital employed
6.25%*
Net margin
13.22%
EBITDA margin
26.18%
Revenue growth
-23.56%
Net income growth
-69.16%
Free cash flow growth
-49.11%
* Estimated EBIT: pre-tax income + net interest. This company reports no operating income line.
Cash flow and balance sheet
Free cash flow yield (TTM)
18.29%
Current ratio
5.26x
Net debt to EBITDA
0.10x
Latest reported year
Period end
Dec 31, 2025
Fiscal year
2025
Revenue
$310.20M
EBITDA
$81.22M
Net income
$41.01M
Earnings per share
$0.89
Interest expense
$6.11M
Shares outstanding
40.62M
Income statement by year
Period end
Revenue
Net income
EPS
2025-12-31
$310.20M
$41.01M
$0.89
2024-12-31
$405.78M
$133.01M
$3.09
2023-12-31
$395.98M
$116.81M
$2.76
2022-12-31
$445.74M
$138.45M
$3.63
2021-12-31
$192.48M
-$36.83M
-$1.12
2020-12-31
$220.06M
-$6.05M
-$0.18
2019-12-31
$230.04M
-$22.86M
-$0.69
2018-12-31
$210.18M
-$42.94M
-$1.31
2017-12-31
$195.94M
-$12.49M
-$0.37
2016-12-31
$164.40M
$3.75M
$0.12
Margins and returns by year
Period end
Net margin
Return on equity
Return on capital
2025-12-31
13.22%
6.47%
6.22%*
2024-12-31
32.78%
21.89%
22.14%*
2023-12-31
29.50%
21.74%
20.47%*
2022-12-31
31.06%
29.50%
23.58%*
2021-12-31
-19.14%
-12.62%
-3.03%*
2020-12-31
-2.75%
-1.89%
1.66%*
2019-12-31
-9.94%
-7.01%
0.52%*
2018-12-31
-20.43%
-12.39%
-1.18%
2017-12-31
-6.37%
-3.28%
1.08%
2016-12-31
2.28%
0.93%
2.79%
* Estimated EBIT: pre-tax income + net interest. This company reports no operating income line.