Ardmore Shipping (ASC) Asset Utilization Ratio (2013 - 2026)

Ardmore Shipping's (ASC) quarterly Asset Utilization Ratio came in at 0.41 in Q1 2026, down 23.28% year-on-year from 0.54 in Q1 2025, and up 5.16% quarter-over-quarter from 0.39 in Q4 2025.

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 0.41 for Q1 2026.

  • Asset Utilization Ratio for Q1 2026 came in at 0.41, down 23.28% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.41 (down 23.28% YoY), and the FY2025 annual result was 0.42, down 28.56% from the prior year.
  • Asset Utilization Ratio came in at 0.41 for Q1 2026 at Ardmore Shipping, up from 0.39 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.7 in Q1 2023 to a low of 0.29 in Q1 2022.
  • The 5-year median for Asset Utilization Ratio is 0.55 (2024), against an average of 0.52.
  • Across the five-year window, Asset Utilization Ratio sank 99.53% in 2022 and soared 140.38% in 2023, its largest moves.
  • Ardmore Shipping's 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 tumbled by 31.3% to 0.39 in 2025, then climbed by 5.16% to 0.41 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.41 (Q1 2026), 0.39 (Q4 2025), and 0.41 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 C3is 744.65 Bn 744.65 Bn 9.11 Mn 0.51
2 Kirby 7.86 Bn 7.78 Bn 291.34 Mn 0.56
3 Matson 5.69 Bn 5.59 Bn - 0.72
4 Hafnia 3.63 Bn 3.52 Bn 152.41 Mn 0.23
5 Star Bulk Carriers 3.14 Bn 3.13 Bn 371.22 Mn 0.27
6 ZIM Integrated Shipping Services 3.12 Bn 1.01 Bn 57.20 Mn 0.58
7 Costamare 1.93 Bn 1.42 Bn - 0.21
8 Navios Maritime Partners 1.87 Bn 1.47 Bn 262.01 Mn 0.23
9 Global Ship Lease 1.37 Bn 1.37 Bn - -
10 Ardmore Shipping 9,535.20 -52.75 Mn 70.11 Mn 0.41

Historic Data

Download Data
DateValue
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 0.37
Mar 31, 2022 0.29
Dec 31, 2021 62.90
Sep 30, 2021 62.52
Jun 30, 2021 62.58