Ardmore Shipping Corporation (ASC)
| Market Cap | 699.12M |
| Revenue (ttm) | 310.20M |
| Net Income (ttm) | 36.07M |
| Shares Out | 40.79M |
| EPS (ttm) | 0.88 |
| PE Ratio | 19.49 |
| Forward PE | 4.82 |
| Dividend | $0.31 (1.81%) |
| Ex-Dividend Date | Feb 27, 2026 |
| Volume | 229,016 |
| Open | 17.22 |
| Previous Close | 16.98 |
| Day's Range | 16.93 - 17.39 |
| 52-Week Range | 9.18 - 17.35 |
| Beta | -0.15 |
| Analysts | Strong Buy |
| Price Target | 17.00 (-0.82%) |
| Earnings Date | May 8, 2026 |
About ASC
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. [Read more]
Financial Performance
In 2025, Ardmore Shipping's revenue was $310.20 million, a decrease of -23.56% compared to the previous year's $405.78 million. Earnings were $36.07 million, a decrease of -71.95%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for ASC stock is "Strong Buy." The 12-month stock price target is $17.0, which is a decrease of -0.82% from the latest price.
News
Ardmore Shipping Files 2025 Annual Report on Form 20-F
HAMILTON, Bermuda, March 6, 2026 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") announced today that it has filed its Annual Report on Form 20-F for the year end...
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Ardmore Shipping Earnings Call Transcript: Q4 2025
Strong financial results in 2025 were driven by robust market conditions, high vessel utilization, and disciplined capital allocation. Ongoing innovation, efficiency upgrades, and a flexible fleet position the company to capitalize on favorable industry trends and navigate evolving risks.
Ardmore Shipping Corporation Announces Financial Results For The Three and Twelve Months Ended December 31, 2025
HAMILTON, Bermuda, Feb. 12, 2026 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the three and twelve months ended December 31, ...
Ardmore Shipping Announces 2026 Investor Day in New York
The Company will present an overview of its strategy and capital allocation framework, along with an in-depth update on key developments and the outlook for the product and chemical tanker market. The...
Ardmore Shipping Earnings Call Transcript: Q3 2025
Q3 2025 saw adjusted earnings of $12.6M and strong TCE rates, supported by record product volumes, tight supply, and favorable market conditions. Three MR tankers were acquired, preferred shares redeemed, and the 12th consecutive dividend declared.
Ardmore Shipping Corporation Announces Financial Results For The Three and Nine Months Ended September 30, 2025
HAMILTON, Bermuda , Nov. 5, 2025 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the three and nine months ended September 30, 2...
Ardmore Shipping Announces Third Quarter 2025 Conference Call and Webcast
HAMILTON, Bermuda , Oct. 22, 2025 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce its third quarter earnings be...
Ardmore Shipping Earnings Call Transcript: Q2 2025
Q2 2025 saw strong earnings and rising TCE rates, supported by favorable market dynamics and strategic fleet growth. Financial flexibility improved with a major refinancing, while ongoing capital discipline and industry trends position the company for continued outperformance.
Ardmore Shipping Corporation Announces Financial Results For The Three and Six Months Ended June 30, 2025
HAMILTON, Bermuda , July 30, 2025 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the three and six months ended June 30, 2025. ...
Ardmore Shipping Announces Second Quarter 2025 Conference Call and Webcast
HAMILTON, Bermuda , July 16, 2025 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce its second quarter earnings b...
Ardmore Shipping Earnings Call Transcript: Q1 2025
Adjusted Q1 earnings reached $5.6 million ($0.14/share) with strong TCE rates and a robust balance sheet. Dividend policy continues, fleet upgrades advance, and leadership transitions are underway. Market fundamentals remain constructive amid supply constraints.
Ardmore Shipping Corporation Announces Financial Results For The Three Months Ended March 31, 2025
HAMILTON, Bermuda , May 7, 2025 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the three months ended March 31, 2025. Highlight...
Ardmore Shipping Announces First Quarter 2025 Conference Call and Webcast
HAMILTON, Bermuda , April 23, 2025 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce its first quarter earnings b...
Ardmore Shipping Files 2024 Annual Report on Form 20-F
HAMILTON, Bermuda , March 7, 2025 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") announced today that it has filed its Annual Report on Form 20-F for the year en...
Ardmore Shipping Earnings Call Transcript: Q4 2024
Adjusted earnings reached $120 million for the year, with strong TCE performance and robust capital returns. Market fundamentals remain favorable, supported by tight supply, sanctions, and innovation-driven efficiency gains. Share repurchases and dividends continue as part of disciplined capital allocation.
Ardmore Shipping Corporation Announces Financial Results For The Three and Twelve Months Ended December 31, 2024
HAMILTON, Bermuda , Feb. 13, 2025 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the three and twelve months ended December 31,...
PensionPro Partners With ASC to Enhance Workflow Automation for TPAs
HARRISBURG, Pa.--(BUSINESS WIRE)--AmericanTCS's PensionPro, a provider of workflow automation software for third-party administrators (TPAs), announced it is partnering with Actuarial Systems Corporat...
Ardmore Shipping Announces 2025 Investor Day in New York
The Company will present an overview of its strategy and capital allocation framework, along with an in-depth update on key developments and the outlook for the product and chemical tanker market. The...
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Ardmore Shipping Earnings Call Transcript: Q3 2024
Q3 2024 saw strong earnings and TCE rates, with robust operational performance and a reduced break-even level. The outlook remains positive, supported by an aging fleet, low order book, and resilient demand, while capital allocation continues to balance dividends, reinvestment, and deleveraging.
Ardmore Shipping Corporation Announces Financial Results For The Three and Nine Months Ended September 30, 2024
HAMILTON, Bermuda , Nov. 6, 2024 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the three and nine months ended September 30, 2...
Ardmore Shipping Announces Third Quarter 2024 Conference Call and Webcast
HAMILTON, Bermuda , Oct. 23, 2024 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce its third quarter earnings be...
Ardmore Shipping Earnings Call Transcript: Q2 2024
Q2 2024 saw robust earnings, strong TCE rates, and a $0.38 dividend, with positive market fundamentals and limited fleet growth supporting the outlook. Leadership transition is underway, and capital allocation remains focused on dividends, fleet upgrades, and deleveraging.