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

Ardmore Shipping (ASC) reported Asset Utilization Ratio of 0.41 for Q1 2026, down 23.28% on a YoY basis from 0.54 in Q1 2025, and up 5.16% sequentially from 0.39 in Q4 2025.

Ardmore Shipping (ASC) Asset Utilization Ratio (2013 - 2026) Analysis & Trends

Ardmore Shipping (ASC) has 14 years of Asset Utilization Ratio data on file, last reported at 0.41 in Q1 2026.

  • For the quarter ending Q1 2026, Asset Utilization Ratio fell 23.28% year-over-year to 0.41; the trailing twelve-month figure through Mar 2026 stood at 0.41 (down 23.28% YoY), and the FY2025 full-year result was 0.42, down 28.56% from the prior year.
  • Asset Utilization Ratio improved to 0.41 in Q1 2026, 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 0.0 in Q1 2022.
  • A 5-year average of 0.48 and a median of 0.55 in 2024 frame the typical range for Asset Utilization Ratio.
  • Across the five-year window, Asset Utilization Ratio slumped 99.79% in 2022 and jumped 119978.53% in 2023, its largest moves.
  • Tracing ASC's Asset Utilization Ratio over 5 years: stood at 0.62 in 2022, then fell by 6.87% to 0.57 in 2023, then fell by 1.13% to 0.57 in 2024, then plunged by 31.3% to 0.39 in 2025, then advanced by 5.16% to 0.41 in 2026.
  • Business Quant data shows ASC's Asset Utilization Ratio at 0.41 in Q1 2026, 0.39 in Q4 2025, and 0.41 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 ZIM Integrated Shipping Services 2,964,341.97 Bn 2,964,341.05 Bn 57.20 Mn 0.58
2 Danaos 2,542.12 Bn 2,541.24 Bn 203.71 Mn 0.20
3 Sfl 1,584.69 Bn 1,584.53 Bn 66.27 Mn 0.19
4 Capital Clean Energy Carriers 1,419.00 Bn 1,418.46 Bn 95.52 Mn 0.10
5 Globus Maritime 59.97 Bn 59.95 Bn 8,083.00 -105.91
6 Kirby 8.07 Bn 7.99 Bn 291.34 Mn 0.56
7 Matson 6.26 Bn 6.16 Bn - 0.72
8 Hafnia 3.73 Bn 3.62 Bn 152.41 Mn 0.27
9 Intercont (Cayman) 3.56 Bn 3.56 Bn - -
10 Ardmore Shipping 671.20 Mn 618.44 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 0.00
Mar 31, 2022 0.00
Dec 31, 2021 0.26
Sep 30, 2021 0.25
Jun 30, 2021 0.25