Ardmore Shipping (ASC) Cash from Operations (2012 - 2026)
Ardmore Shipping (ASC) recorded Cash from Operations of $21.8 million in Q3 2026, up 21.5% from $17.94 million a year earlier but down 58.7% from the prior quarter.
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Analysis
Ardmore Shipping (ASC) Cash from Operations (2012 - 2026) Analysis & Trends
On a TTM basis, Ardmore Shipping's Cash from Operations came in at $130.18 million as of Sep 30, 2026, up 66.0% year-over-year; for FY2025, it was $81.65 million, down 49.1% from FY2024.
- Annual Cash from Operations has a five-year compound annual growth rate of 12.1% (FY2020 to FY2025).
- Across earlier years, Cash from Operations came in at $160.45 million in FY2024 (+0.5%), $159.61 million in FY2023 (+28.5%), $124.21 million in FY2022 and -$2.89 million in FY2021.
- Quarterly Cash from Operations has ranged from -$5.67 million in Q1 2022 to $60.74 million in Q4 2022 over the past five years.
- On a year-over-year basis, Cash from Operations has increased for four consecutive quarters, with growth averaging 32.7% over the last eight quarters.
- Peak year-over-year performance for Cash from Operations in the last five years was growth of 369.7% in Q2 2026, against a decline of 76.8% in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $52.76 million (Q2 2026), $29.41 million (Q1 2026) and $26.22 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - | 2.79 Bn |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - | 2.90 Bn |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - | 1.62 Bn |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - | 1.11 Bn |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - | 3.27 Bn |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - | 1.32 Bn |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - | 1.71 Bn |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - | 465.00 Mn |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - | 469.47 Mn |
| 10 | Ardmore Shipping | 706.67 Mn | 516.99 Mn | 69.21 Mn | 21.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 21.80 Mn |
| Jun 30, 2026 | 52.76 Mn |
| Mar 31, 2026 | 29.41 Mn |
| Dec 31, 2025 | 26.22 Mn |
| Sep 30, 2025 | 17.94 Mn |
| Jun 30, 2025 | 11.23 Mn |
| Mar 31, 2025 | 26.26 Mn |
| Dec 31, 2024 | 22.98 Mn |
| Sep 30, 2024 | 39.88 Mn |
| Jun 30, 2024 | 48.41 Mn |
| Mar 31, 2024 | 49.18 Mn |
| Dec 31, 2023 | 18.74 Mn |
| Sep 30, 2023 | 41.97 Mn |
| Jun 30, 2023 | 42.08 Mn |
| Mar 31, 2023 | 56.82 Mn |
| Dec 31, 2022 | 60.74 Mn |
| Sep 30, 2022 | 54.59 Mn |
| Jun 30, 2022 | 14.55 Mn |
| Mar 31, 2022 | -5.67 Mn |
| Dec 31, 2021 | -638,000.00 |
API Access
Ardmore Shipping Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=ASC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "ASC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=ASC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();