Symbols / ASC Stock $18.78 +0.08% Ardmore Shipping Corporation

Industrials • Marine Shipping • Bermuda • NYQ
ASC (Stock) Chart
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Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Industrials
Industry Marine Shipping
CEO Mr. Gernot Ruppelt
Exch · Country NYQ · Bermuda
Market Cap 766.07M
Enterprise Value 823.34M
Income 54.03M
Sales 324.12M
FCF (ttm) -66.37M
Book/sh 16.05
Cash/sh 1.16
Employees 57
Insider 10d —
IPO Aug 01, 2013
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 23.48%
P/E 14.22
Forward P/E 21.96
PEG —
P/S 2.36
P/B 1.17
P/C —
EV/EBITDA 8.14
EV/Sales 2.54
Quick Ratio 3.33
Current Ratio 4.87
Debt/Eq 16.05
LT Debt/Eq —
EPS (ttm) 1.32
EPS next Y 0.85
EPS Growth 3.16%
Revenue Growth 18.80%
EPS Gr Q/Q 277.10%
Rev Gr Q/Q —
Earnings (next) 2026-07-29
Earnings (prior) 2026-05-07
ROA 5.54%
ROE 9.02%
ROIC —
Gross Margin 39.02%
Oper. Margin 29.10%
Profit Margin 18.00%
Shs Outstand 40.80M
Shs Float 34.48M
Insider Own 14.44%
Instit Own 83.11%
Short Float 4.81%
Short Ratio 3.52
Short Interest 1.95M
52W High 20.03
vs 52W High -6.27%
52W Low 9.18
vs 52W Low 104.52%
Beta 0.02
Impl. Vol. 41.27%
Rel Volume 0.34
Avg Volume 725.73K
Volume 244.91K
Target (mean) $20.15
Tgt Median $20.15
Tgt Low $19.30
Tgt High $21.00
# Analysts 2
Recom Strong_buy
Prev Close $18.76
Price $18.77
Change 0.08%
About

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.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$20.15
Mean price target
2. Current target
$18.78
Latest analyst target
3. DCF / Fair value
$-29.28
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$18.78
Low
$19.30
High
$21.00
Mean
$20.15

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-22 main Evercore ISI Group Outperform → Outperform $19
2025-11-05 main Jefferies Buy → Buy $15
2025-10-28 main Evercore ISI Group Outperform → Outperform $15
2025-07-30 main Jefferies Buy → Buy $14
2025-04-22 main Evercore ISI Group Outperform → Outperform $13
2025-02-14 main Stifel Hold → Hold $11
2025-02-13 main Jefferies Buy → Buy $17
2024-11-14 main Jefferies Buy → Buy $17
2024-10-23 down Stifel Buy → Hold $17
2024-07-31 main Jefferies Buy → Buy $24
2024-07-24 main Stifel Buy → Buy $24
2024-07-23 main Evercore ISI Group Outperform → Outperform $26
2024-05-08 main Jefferies Buy → Buy $21
2024-04-19 main Stifel Buy → Buy $22
2024-02-16 main Stifel Buy → Buy $21
2024-02-15 reit Jefferies Buy → Buy $20
2023-08-01 reit Jefferies Buy → Buy $18
2023-07-19 main Stifel Buy → Buy $19
2023-05-09 main Jefferies — → Buy $17
2023-04-25 main Stifel — → Buy $24
News
RSS: Latest ASC news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-05-13 MCWILLIAMS CURTIS B Director — 2,875 $19.02 $54,760
2026-05-12 DE JONG HELEN JOHANNA Director — 1,966 $19.02 $37,393
2026-05-12 O'DRISCOLL AIDEEN SIOBHAN Officer — 15,848 $18.96 $300,478
2026-05-12 TIKKA KIRSI Director — 12,000 $18.93 $227,160
2026-05-05 KELLEHER BART BRENDAN President — 8,000 $19.07 $152,560
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
310.20
-23.56%
405.78
+2.48%
395.98
-11.16%
445.74
Operating Revenue
310.20
-23.56%
405.78
+2.48%
395.98
-11.16%
445.74
Cost Of Revenue
223.00
-4.70%
233.99
+2.24%
228.87
-8.53%
250.21
Reconciled Cost Of Revenue
223.00
-4.70%
233.99
+2.24%
228.87
-8.53%
250.21
Gross Profit
87.20
-49.24%
171.79
+2.80%
167.11
-14.54%
195.53
Operating Expense
34.45
-13.58%
39.87
+12.51%
35.44
+11.03%
31.92
Selling General And Administration
25.07
-10.58%
28.04
+11.09%
25.24
+4.70%
24.11
General And Administrative Expense
25.07
-10.58%
28.04
+11.09%
25.24
+4.70%
24.11
Other Gand A
25.07
-10.58%
28.04
+11.09%
25.24
+4.70%
24.11
Other Operating Expenses
9.38
-20.68%
11.83
+16.03%
10.19
+30.54%
7.81
Total Expenses
257.46
-5.99%
273.86
+3.62%
264.31
-6.32%
282.13
Operating Income
52.74
-60.02%
131.92
+0.19%
131.67
-19.52%
163.62
EBITDA
80.52
-53.62%
173.62
+9.99%
157.85
-14.96%
185.62
Normalized EBITDA
80.98
-49.14%
159.21
+0.70%
158.11
-17.29%
191.15
Reconciled Depreciation
33.85
+11.92%
30.24
+8.72%
27.82
-4.98%
29.28
EBIT
46.67
-67.45%
143.38
+10.26%
130.03
-16.83%
156.34
Total Unusual Items
-0.46
-103.21%
14.41
+5599.62%
-0.26
+95.26%
-5.53
Total Unusual Items Excluding Goodwill
-0.46
-103.21%
14.41
+5599.62%
-0.26
+95.26%
-5.53
Special Income Charges
-0.47
-103.41%
13.75
0.00
+100.00%
-8.49
Other Special Charges
0.47
+132.75%
-1.43
—
1.58
Net Income
41.01
-69.16%
133.01
+13.87%
116.81
-15.63%
138.45
Pretax Income
41.56
-69.82%
137.74
+16.45%
118.28
-14.82%
138.86
Net Non Operating Interest Income Expense
-5.16
-3.95%
-4.96
+48.27%
-9.59
+36.35%
-15.07
Interest Expense Non Operating
5.11
-9.49%
5.64
-52.00%
11.75
-32.79%
17.48
Net Interest Income
-5.16
-3.95%
-4.96
+48.27%
-9.59
+36.35%
-15.07
Interest Expense
5.11
-9.49%
5.64
-52.00%
11.75
-32.79%
17.48
Interest Income Non Operating
0.95
-47.44%
1.82
-46.53%
3.40
-12.40%
3.88
Interest Income
0.95
-47.44%
1.82
-46.53%
3.40
-12.40%
3.88
Other Income Expense
-6.02
-155.89%
10.77
+383.20%
-3.80
+60.76%
-9.69
Other Non Operating Income Expenses
-5.56
-52.86%
-3.64
-2.65%
-3.54
+14.88%
-4.16
Gain On Sale Of Security
0.01
-99.08%
0.66
+350.00%
-0.26
-108.85%
2.96
Tax Provision
0.24
+12.09%
0.21
-50.57%
0.43
+110.14%
0.21
Tax Rate For Calcs
0.00
+262.50%
0.00
-56.76%
0.00
+146.67%
0.00
Tax Effect Of Unusual Items
-0.00
-111.65%
0.02
+2478.21%
-0.00
+88.32%
-0.01
Net Income Including Noncontrolling Interests
41.01
-69.16%
133.01
+13.87%
116.81
-15.63%
138.45
Net Income From Continuing Operation Net Minority Interest
41.01
-69.16%
133.01
+13.87%
116.81
-15.63%
138.45
Net Income From Continuing And Discontinued Operation
41.01
-69.16%
133.01
+13.87%
116.81
-15.63%
138.45
Net Income Continuous Operations
41.01
-69.16%
133.01
+13.87%
116.81
-15.63%
138.45
Normalized Income
41.47
-65.04%
118.62
+1.32%
117.07
-18.69%
143.98
Net Income Common Stockholders
36.07
-71.95%
128.61
+13.40%
113.41
-16.03%
135.05
Otherunder Preferred Stock Dividend
2.22
+200.14%
0.74
0.00
0.00
Diluted EPS
0.88
-71.24%
3.06
+12.92%
2.71
-23.01%
3.52
Basic EPS
0.89
-71.20%
3.09
+11.96%
2.76
-23.97%
3.63
Basic Average Shares
40.62
-2.48%
41.66
+1.28%
41.13
+10.46%
37.24
Diluted Average Shares
40.81
-2.93%
42.04
+0.60%
41.79
+8.94%
38.36
Diluted NI Availto Com Stockholders
36.07
-71.95%
128.61
+13.40%
113.41
-16.03%
135.05
Earnings From Equity Interest Net Of Tax
-0.31
+93.18%
-4.51
-336.14%
-1.03
-430.77%
-0.20
Gain On Sale Of PPE
0.00
-100.00%
12.32
0.00
+100.00%
-6.92
Preferred Stock Dividends
2.72
-25.57%
3.66
+7.65%
3.40
+0.00%
3.40
Rent Expense Supplemental
8.63
-20.68%
10.88
+16.02%
9.38
+30.55%
7.18
Total Other Finance Cost
1.01
-11.51%
1.14
-8.00%
1.24
-15.33%
1.46
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
788.72
+11.91%
704.80
+2.00%
690.95
-4.55%
723.86
Current Assets
111.85
-11.62%
126.55
-0.18%
126.78
-19.63%
157.74
Cash Cash Equivalents And Short Term Investments
46.84
-0.30%
46.99
+0.39%
46.80
-7.44%
50.57
Cash And Cash Equivalents
46.84
-0.30%
46.99
+0.39%
46.80
-7.44%
50.57
Receivables
47.54
-21.91%
60.87
+8.25%
56.23
-29.57%
79.84
Accounts Receivable
47.54
-21.91%
60.87
+8.25%
56.23
-29.57%
79.84
Gross Accounts Receivable
49.44
-21.24%
62.77
+8.54%
57.83
-29.51%
82.04
Allowance For Doubtful Accounts Receivable
-1.90
+0.00%
-1.90
-18.75%
-1.60
+27.27%
-2.20
Inventory
8.91
-21.19%
11.31
-9.95%
12.56
-20.10%
15.72
Prepaid Assets
4.87
+57.88%
3.08
-54.87%
6.83
+216.34%
2.16
Assets Held For Sale Current
—
—
—
—
Hedging Assets Current
—
—
0.00
-100.00%
4.93
Other Current Assets
3.69
-14.22%
4.30
-1.15%
4.35
-3.83%
4.52
Total Non Current Assets
676.87
+17.06%
578.25
+2.50%
564.17
-0.34%
566.12
Net PPE
639.90
+15.09%
556.02
+3.32%
538.13
-1.71%
547.47
Gross PPE
938.00
+14.33%
820.42
+5.77%
775.63
+2.40%
757.47
Accumulated Depreciation
-298.10
-12.75%
-264.40
-11.33%
-237.50
-13.10%
-210.00
Buildings And Improvements
1.78
+53.58%
1.16
+15.09%
1.01
+1.41%
0.99
Machinery Furniture Equipment
—
—
—
—
Construction In Progress
0.00
-100.00%
4.84
-49.46%
9.59
+73.36%
5.53
Other Properties
—
—
—
10.56
Investments And Advances
4.98
-4.83%
5.24
-53.19%
11.19
-0.29%
11.22
Long Term Equity Investment
4.98
-4.83%
5.24
-53.19%
11.19
-0.29%
11.22
Non Current Accounts Receivable
—
—
—
—
Non Current Deferred Assets
31.99
+88.19%
17.00
+14.41%
14.86
+99.88%
7.43
Non Current Prepaid Assets
—
—
—
—
Total Liabilities Net Minority Interest
154.39
+122.54%
69.38
-40.45%
116.51
-46.41%
217.42
Current Liabilities
25.85
-13.35%
29.83
-11.85%
33.84
-36.07%
52.93
Payables And Accrued Expenses
23.65
-3.00%
24.38
+14.91%
21.22
-30.58%
30.57
Payables
5.07
-16.54%
6.07
+201.09%
2.02
-77.13%
8.81
Accounts Payable
5.07
-16.54%
6.07
+201.09%
2.02
-77.13%
8.81
Current Accrued Expenses
18.59
+1.49%
18.31
-4.64%
19.20
-11.72%
21.75
Current Debt And Capital Lease Obligation
0.60
-87.96%
4.96
-59.54%
12.27
-41.95%
21.14
Current Debt
—
—
6.44
-50.21%
12.93
Other Current Borrowings
—
—
6.44
-50.21%
12.93
Current Capital Lease Obligation
0.60
-87.96%
4.96
-14.92%
5.84
-28.96%
8.21
Current Deferred Liabilities
1.60
+231.54%
0.48
+38.90%
0.35
-71.56%
1.22
Current Deferred Revenue
1.60
+231.54%
0.48
+38.90%
0.35
-71.56%
1.22
Total Non Current Liabilities Net Minority Interest
128.54
+225.05%
39.55
-52.16%
82.67
-49.74%
164.49
Long Term Debt And Capital Lease Obligation
128.27
+226.62%
39.27
-51.94%
81.71
-50.02%
163.48
Long Term Debt
127.00
+227.35%
38.80
-2.01%
39.59
-65.83%
115.87
Long Term Capital Lease Obligation
1.27
+167.23%
0.48
-98.87%
42.12
-11.53%
47.61
Other Non Current Liabilities
0.27
-1.83%
0.27
-71.38%
0.95
-5.26%
1.01
Stockholders Equity
634.34
-0.17%
635.42
+10.62%
574.44
+13.43%
506.44
Common Stock Equity
634.34
+4.39%
607.64
+13.07%
537.40
+14.49%
469.40
Capital Stock
0.44
-98.43%
28.22
-24.69%
37.48
+0.02%
37.47
Common Stock
0.44
+0.68%
0.44
+1.62%
0.43
+1.64%
0.43
Preferred Stock
0.00
-100.00%
27.78
-25.00%
37.04
+0.00%
37.04
Share Issued
44.31
+0.63%
44.03
+1.63%
43.32
+1.59%
42.65
Ordinary Shares Number
40.73
+0.68%
40.46
-2.06%
41.30
+1.67%
40.63
Treasury Shares Number
3.58
+0.00%
3.58
+77.04%
2.02
+0.00%
2.02
Additional Paid In Capital
478.62
+0.59%
475.81
+0.98%
471.22
+0.69%
468.01
Retained Earnings
188.80
+14.48%
164.91
+102.63%
81.39
+437.75%
15.13
Gains Losses Not Affecting Retained Earnings
—
—
0.00
-100.00%
1.47
Treasury Stock
33.52
+0.00%
33.52
+114.40%
15.64
+0.00%
15.64
Other Equity Adjustments
—
—
—
1.47
Total Equity Gross Minority Interest
634.34
-0.17%
635.42
+10.62%
574.44
+13.43%
506.44
Total Capitalization
761.34
+12.92%
674.22
+9.80%
614.03
-1.33%
622.31
Working Capital
86.00
-11.08%
96.72
+4.07%
92.94
-11.33%
104.81
Invested Capital
761.34
+17.77%
646.44
+10.80%
583.43
-2.47%
598.20
Total Debt
128.87
+191.32%
44.24
-52.93%
93.99
-49.09%
184.62
Net Debt
80.16
—
—
78.23
Capital Lease Obligations
1.87
-65.63%
5.44
-88.66%
47.96
-14.09%
55.83
Net Tangible Assets
634.34
-0.17%
635.42
+10.62%
574.44
+13.43%
506.44
Tangible Book Value
634.34
+4.39%
607.64
+13.07%
537.40
+14.49%
469.40
Derivative Product Liabilities
—
—
—
—
Financial Assets
—
—
—
0.00
Interest Payable
—
0.00
-100.00%
0.94
+8.81%
0.86
Preferred Stock Equity
—
27.78
-25.00%
37.04
+0.00%
37.04
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
81.65
-49.11%
160.44
+0.52%
159.61
+28.50%
124.21
Cash Flow From Continuing Operating Activities
81.65
-49.11%
160.44
+0.52%
159.61
+28.50%
124.21
Net Income From Continuing Operations
41.01
-69.16%
133.01
+13.87%
116.81
-15.63%
138.45
Depreciation Amortization Depletion
33.85
+11.92%
30.24
+8.72%
27.82
-4.98%
29.28
Depreciation
33.85
+11.92%
30.24
+8.72%
27.82
-4.98%
29.28
Depreciation And Amortization
33.85
+11.92%
30.24
+8.72%
27.82
-4.98%
29.28
Other Non Cash Items
-9.08
-193.56%
-3.09
+58.49%
-7.45
-240.89%
5.29
Stock Based Compensation
2.81
-39.57%
4.65
+44.54%
3.22
+5.23%
3.06
Operating Gains Losses
0.77
+109.11%
-8.46
-752.51%
1.30
-68.75%
4.15
Gain Loss On Investment Securities
-0.01
+99.08%
-0.66
-350.00%
0.26
+108.85%
-2.96
Net Foreign Currency Exchange Gain Loss
—
—
—
0.00
Gain Loss On Sale Of PPE
0.00
+100.00%
-12.32
0.00
-100.00%
6.92
Change In Working Capital
12.28
+199.56%
4.10
-77.12%
17.92
+131.99%
-56.02
Change In Receivables
13.33
+387.37%
-4.64
-119.65%
23.61
+139.64%
-59.56
Change In Inventory
2.40
+91.76%
1.25
-60.44%
3.16
+168.35%
-4.62
Change In Prepaid Assets
-1.17
-130.29%
3.87
+186.09%
-4.50
-1280.84%
0.38
Change In Payables And Accrued Expense
-3.39
-197.42%
3.48
+200.09%
-3.48
-140.30%
8.63
Change In Accrued Expense
-2.39
-317.66%
-0.57
-161.44%
0.93
-90.91%
10.24
Change In Payable
-1.00
-124.74%
4.05
+191.93%
-4.41
-173.57%
-1.61
Change In Account Payable
-1.00
-124.74%
4.05
+191.93%
-4.41
-173.57%
-1.61
Change In Other Working Capital
1.12
+726.67%
0.14
+115.46%
-0.87
-2.71%
-0.85
Investing Cash Flow
-121.00
-266.98%
-32.97
-22.87%
-26.84
-175.79%
35.41
Cash Flow From Continuing Investing Activities
-121.00
-266.98%
-32.97
-22.87%
-26.84
-175.79%
35.41
Net PPE Purchase And Sale
-120.72
-253.07%
-34.19
-34.70%
-25.38
-165.80%
38.58
Purchase Of PPE
-120.72
-97.84%
-61.02
-140.39%
-25.38
-1801.42%
-1.33
Sale Of PPE
0.00
-100.00%
26.83
0.00
-100.00%
39.91
Capital Expenditure
-120.72
-97.84%
-61.02
-140.39%
-25.38
-1801.42%
-1.33
Net Business Purchase And Sale
0.00
-100.00%
1.65
+232.64%
-1.24
-111.56%
-0.59
Purchase Of Business
—
—
-1.24
-111.56%
-0.59
Net Other Investing Changes
-0.28
+34.26%
-0.43
-107.69%
-0.21
+91.93%
-2.58
Financing Cash Flow
39.21
+130.80%
-127.29
+6.77%
-136.54
+17.00%
-164.50
Cash Flow From Continuing Financing Activities
39.21
+130.80%
-127.29
+6.77%
-136.54
+17.00%
-164.50
Net Issuance Payments Of Debt
84.55
+267.53%
-50.47
+41.30%
-85.98
+56.27%
-196.62
Issuance Of Debt
179.49
+71.49%
104.66
0.00
-100.00%
131.88
Repayment Of Debt
-94.94
+38.80%
-155.13
-80.42%
-85.98
+73.83%
-328.50
Long Term Debt Issuance
179.49
+71.49%
104.66
0.00
-100.00%
131.88
Long Term Debt Payments
-94.94
+38.80%
-155.13
-80.42%
-85.98
+73.83%
-328.50
Net Long Term Debt Issuance
84.55
+267.53%
-50.47
+41.30%
-85.98
+56.27%
-196.62
Net Common Stock Issuance
0.00
+100.00%
-17.93
0.00
-100.00%
38.91
Common Stock Payments
0.00
+100.00%
-17.93
0.00
0.00
Common Stock Dividend Paid
-12.19
+72.97%
-45.08
+4.40%
-47.15
0.00
Cash Dividends Paid
-15.34
+68.61%
-48.88
+3.30%
-50.55
-1438.93%
-3.29
Repurchase Of Capital Stock
-30.00
-7.39%
-27.93
0.00
0.00
Net Other Financing Charges
—
-0.20
—
-3.50
Changes In Cash
-0.14
-178.14%
0.18
+104.86%
-3.76
+22.87%
-4.88
Beginning Cash Position
46.99
+0.39%
46.80
-7.44%
50.57
-8.80%
55.45
End Cash Position
46.84
-0.30%
46.99
+0.39%
46.80
-7.44%
50.57
Free Cash Flow
-39.07
-139.30%
99.42
-25.93%
134.22
+9.24%
122.87
Interest Paid Supplemental Data
5.08
+11.74%
4.55
-42.86%
7.96
-54.00%
17.30
Income Tax Paid Supplemental Data
—
—
0.54
+952.94%
0.05
Change In Interest Payable
—
-0.41
-635.53%
0.08
-64.15%
0.21
Common Stock Issuance
—
0.00
0.00
-100.00%
38.91
Earnings Losses From Equity Investments
0.31
-93.18%
4.51
+336.14%
1.03
+430.77%
0.20
Issuance Of Capital Stock
—
0.00
0.00
-100.00%
38.91
Net Preferred Stock Issuance
-30.00
-200.00%
-10.00
0.00
0.00
Preferred Stock Dividend Paid
-3.16
+17.03%
-3.81
-11.91%
-3.40
-3.50%
-3.29
Preferred Stock Issuance
—
—
0.00
0.00
Preferred Stock Payments
-30.00
-200.00%
-10.00
0.00
0.00
Sale Of Business
—
1.65
—
—
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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