Ardmore Shipping (ASC) Asset Utilization Ratio (2013 - 2026)
Ardmore Shipping's (ASC) quarterly Asset Utilization Ratio came in at 0.48 in Q2 2026, up 2.37% year-over-year from 0.47 in Q2 2025, and up 15.92% quarter-over-quarter from 0.41 in Q1 2026.
Analysis
Ardmore Shipping (ASC) Asset Utilization Ratio (2013 - 2026) Analysis & Trends
Ardmore Shipping has disclosed Asset Utilization Ratio across 14 years of filings, most recently posting 0.48 for Q2 2026.
- In Q2 2026, Asset Utilization Ratio rose 2.37% year-over-year to 0.48; the TTM figure through Jun 2026 stood at 0.48 (up 2.37% YoY), while the FY2025 annual figure was 0.42, down 28.56% from the prior year.
- Asset Utilization Ratio came in at 0.48 for Q2 2026 at Ardmore Shipping, up from 0.41 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.74 in Q2 2022 to a low of 0.39 in Q4 2025.
- Average Asset Utilization Ratio over 5 years is 0.55, with a median of 0.57 recorded in 2024.
- Year-over-year, Asset Utilization Ratio soared 199.05% in 2022 and slumped 31.3% in 2025.
- Over 5 years, Asset Utilization Ratio stood at 0.62 in 2022, then retreated by 6.87% to 0.57 in 2023, then retreated by 1.13% to 0.57 in 2024, then sank by 31.3% to 0.39 in 2025, then gained by 21.9% to 0.48 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.48 in Q2 2026, 0.41 in Q1 2026, and 0.39 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 0.47 |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 0.57 |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 0.74 |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 0.43 |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 0.38 |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 0.28 |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | 0.61 |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 0.32 |
| 10 | Ardmore Shipping | 732.47 Mn | 682.03 Mn | 97.26 Mn | 0.48 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.48 |
| Mar 31, 2026 | 0.41 |
| Dec 31, 2025 | 0.39 |
| Sep 30, 2025 | 0.41 |
| Jun 30, 2025 | 0.47 |
| Mar 31, 2025 | 0.54 |
| Dec 31, 2024 | 0.57 |
| Sep 30, 2024 | 0.58 |
| Jun 30, 2024 | 0.57 |
| Mar 31, 2024 | 0.55 |
| Dec 31, 2023 | 0.57 |
| Sep 30, 2023 | 0.62 |
| Jun 30, 2023 | 0.69 |
| Mar 31, 2023 | 0.70 |
| Dec 31, 2022 | 0.62 |
| Sep 30, 2022 | 0.50 |
| Jun 30, 2022 | 0.74 |
| Mar 31, 2022 | 0.58 |
| Dec 31, 2021 | 0.26 |
| Sep 30, 2021 | 0.25 |