Ardmore Shipping (ASC) Asset Utilization Ratio (2013 - 2026)
Ardmore Shipping (ASC) posted Asset Utilization Ratio of 0.48 for Q2 2026, up 15.92% sequentially from 0.41 in Q1 2026, and up 2.37% YoY from 0.47 in Q2 2025.
Ardmore Shipping (ASC) Asset Utilization Ratio (2013 - 2026) Analysis & Trends
Ardmore Shipping has reported Asset Utilization Ratio for 14 years, with the latest figure at 0.48 in Q2 2026.
- Quarterly Asset Utilization Ratio rose 2.37% year-over-year to 0.48 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.48 (up 2.37% YoY) and the FY2025 annual result came in at 0.42, down 28.56% from the prior year.
- Asset Utilization Ratio advanced to 0.48 in Q2 2026 per ASC's latest filing, from 0.41 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 88.3 in Q4 2022 and troughed at 0.18 in Q1 2022.
- A 5-year average of 10.21 and a median of 0.56 in 2024 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio surged 35133.88% in 2022, then sank 99.35% in 2023.
- Over 5 years, Asset Utilization Ratio stood at 88.3 in 2022, then tumbled by 99.35% to 0.57 in 2023, then slipped by 1.13% to 0.57 in 2024, then tumbled by 31.3% to 0.39 in 2025, then climbed by 21.9% to 0.48 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.48, 0.41, and 0.39 for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 0.57 |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 0.74 |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | 0.27 |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | 0.58 |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 0.20 |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | 0.34 |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | 0.23 |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | 0.21 |
| 10 | Ardmore Shipping | 736.97 Mn | 686.54 Mn | 97.26 Mn | 0.48 |
Historic Data
Download 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 | 88.30 |
| Sep 30, 2022 | 87.63 |
| Jun 30, 2022 | 0.18 |
| Mar 31, 2022 | 0.18 |
| Dec 31, 2021 | 0.26 |
| Sep 30, 2021 | 0.25 |