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NYSE · Industrials

Ardmore Shipping Corp (ASC)

As-reported financials and SEC filings for Ardmore Shipping Corp. The latest annual period is FY2025. The latest reported quarter is Q1 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Ardmore Shipping Corp

Ardmore Shipping Corp operates as a shipping company that owns and manages vessels. It provides marine transportation services primarily through time charters and spot charters. The company serves customers who require shipping solutions for transporting goods by sea.

Snapshot

Revenue
$310.2M
Revenue growth (YoY)
-23.6%
Net income
$41.0M
Diluted EPS
$0.88
Gross margin
Operating margin
Net margin
13.2%
FCF margin
ROE
6.5%
net income / fiscal-year-end equity
P/E
6.8×
trailing when available, otherwise FY EPS
Market cap
$709.2M
Long-term debt / equity
0.20×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Ardmore Shipping

  • Revenue fell 23.6% to $310M in FY2025, slower than the 2.5% the year before.
  • Most recent quarter Q1 FY2026: revenue $88M, up 18.8% from Q1 FY2025.
  • Net income fell 69.2% to $41M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Ardmore Shipping’s fundamentals sit among the 684 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Net margin13.2%
83rd percentile of 645
Revenue growth (YoY)-23.6%
5th percentile of 668
ROE6.5%
48th percentile of 600
P/E6.8×
9th percentile of 434
Long-term debt / equity0.20×
25th percentile of 409
Short interest4.20d
65th percentile of 676

Ardmore Shipping’s revenue growth of -23.6% ranks in the 5th percentile of the 668 Industrials companies reporting it. Ardmore Shipping’s P/E of 6.8 ranks in the 9th percentile of the 434 peers with a meaningful P/E.

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
0
Reported activity
Quiet
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-05-18
filed 2026-05-19
McWilliams Curtis BDirectorSell16.3K$19.38$315K
2026-05-15
filed 2026-05-19
de Jong Helen JohannaDirectorSell1.5K$18.93$29K
2026-05-15
filed 2026-05-19
McWilliams Curtis BDirectorSell848$19.01$16K
2026-05-13
filed 2026-05-14
McWilliams Curtis BDirectorSell303$19.02$6K
2026-05-12
filed 2026-05-13
O'Driscoll Aideen SiobhanSVP & Sr. Dir. of Corp. SvcsSell15.8K$18.96$300K
2026-05-12
filed 2026-05-13
Tikka KirsiDirectorSell12.0K$18.93$227K
2026-05-12
filed 2026-05-14
McWilliams Curtis BDirectorSell2.6K$19.05$49K
2026-05-12
filed 2026-05-14
de Jong Helen JohannaDirectorSell2.0K$19.02$37K
2026-05-05
filed 2026-05-06
Kelleher Bart BPresidentSell8.0K$19.07$153K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
2.3M
settled 2026-08-14
Change vs prior
-4.6%
vs previous settlement
Days to cover
4.20
at avg daily volume
Avg daily volume
547.7K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-142.3M-4.6%4.20
2026-07-312.4M-3.2%4.45
2026-07-152.5M+0.9%3.88
2026-06-302.5M+17.0%3.08
2026-06-152.1M-2.4%3.95
2026-05-292.2M+19.7%2.62
2026-05-151.8M-7.3%2.37
2026-04-301.9M-11.7%3.17

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$310.2M$405.8M$396.0M$445.7M$192.5M
Gross profit
Operating income
Net income$41.0M$133.0M$116.8M$138.5M$-36.8M
Diluted EPS$0.88$3.06$2.71$3.52$-1.12

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$81.6M$160.4M$159.6M$124.2M$-2.9M
Capital expenditure
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2026$87.9M18.8%$23.6M$0.58
Q4 FY2025$82.9M1.1%$12.4M$0.30
Q3 FY2025$81.2M-15.5%$12.8M$0.30
Q2 FY2025$72.0M-40.6%$9.6M$0.22
Q1 FY2025$74.0M-30.4%$6.3M$0.14
Q4 FY2024$82.0M-17.0%$6.9M$0.17
Q3 FY2024$96.1M10.6%$24.1M$0.55
Q2 FY2024$121.3M32.0%$62.7M$1.47

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorIndustrials
SIC industryDeep Sea Foreign Transportation of Freight
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ1 FY2026 (ended March 31, 2026)
Oldest indexed filing2013
SEC CIK1577437

Selected SEC filings

20-F2026-03-06
View on EDGAR →
6-K2026-07-29
View on EDGAR →
6-K2026-07-29
View on EDGAR →
6-K2026-06-16
View on EDGAR →
6-K2026-05-07
View on EDGAR →

Largest Industrials peers

All Industrials companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.