Ardmore Shipping (ASC) Asset Utilization Ratio (2013 - 2026)
Ardmore Shipping's (ASC) Asset Utilization Ratio stood at 0.48 in Q2 2026, up 2.4% from 0.47 a year earlier and up 15.9% from the prior quarter.
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Analysis
Ardmore Shipping (ASC) Asset Utilization Ratio (2013 - 2026) Analysis & Trends
For FY2025, Ardmore Shipping's Asset Utilization Ratio came in at 0.42, down 28.6% from FY2024.
- Across earlier years, Asset Utilization Ratio came in at 0.58 in FY2024 (+3.9%), 0.56 in FY2023 (-9.1%), 0.62 in FY2022 (+136.1%) and 0.26 in FY2021 (-9.7%).
- The Q2 2026 figure is the highest quarterly Asset Utilization Ratio since Q1 2025.
- On a year-over-year basis, Asset Utilization Ratio rose in 1 of the last eight quarters, with an average decline of 13.8%.
- Peak year-over-year performance for Asset Utilization Ratio in the last five years was growth of 199.1% in Q2 2022, against a decline of 31.3% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.41 (Q1 2026), 0.39 (Q4 2025) and 0.41 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 0.36 |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 0.33 |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 0.17 |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 1.26 |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 0.28 |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 0.98 |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 0.80 |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 0.98 |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 0.82 |
| 10 | Ardmore Shipping | 739.28 Mn | 550.02 Mn | 86.38 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 |
API Access
Ardmore Shipping Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=ASC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "ASC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=ASC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();