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| 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 | 0.00 |
| Mar 31, 2022 | 0.00 |
| Dec 31, 2021 | 0.26 |
| Sep 30, 2021 | 0.25 |
| Jun 30, 2021 | 0.25 |