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| Date | Value |
|---|---|
| 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 |