Ardmore Shipping (ASC) Dividend Coverage Ratio (2020 - 2026)
Ardmore Shipping's Dividend Coverage Ratio came in at 3.80 for Q2 2026, down 13.8% from 4.41 a year earlier and down 40.9% from the prior quarter.
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Analysis
Ardmore Shipping (ASC) Dividend Coverage Ratio (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Ardmore Shipping reported Dividend Coverage Ratio of 3.98, up 166.5% year-over-year; for FY2025, it was 2.96, up 3.8% from FY2024.
- Going back by year, Dividend Coverage Ratio was 2.85 in FY2024 (+18.6%) and 2.41 in FY2023.
- The five-year range for quarterly Dividend Coverage Ratio is 0.46 (Q2 2023) to 6.43 (Q1 2026).
- Year-over-year, Dividend Coverage Ratio increased in three of the last eight quarters, with growth averaging 61.7%.
- The fastest year-over-year change in Dividend Coverage Ratio over five years came in Q2 2024 (growth of 929.6%), and the weakest in Q4 2024 (a decline of 83.0%).
- Business Quant data shows ASC's Dividend Coverage Ratio at 6.43 (Q1 2026), 2.29 (Q4 2025) and 4.26 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | - |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 3.85 |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 5.02 |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | - |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 2.42 |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | - |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | - |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | - |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | - |
| 10 | Ardmore Shipping | 739.28 Mn | 550.02 Mn | 86.38 Mn | 3.80 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.80 |
| Mar 31, 2026 | 6.43 |
| Dec 31, 2025 | 2.29 |
| Sep 30, 2025 | 4.26 |
| Jun 30, 2025 | 4.41 |
| Mar 31, 2025 | 1.74 |
| Dec 31, 2024 | 0.67 |
| Sep 30, 2024 | 1.46 |
| Jun 30, 2024 | 4.78 |
| Mar 31, 2024 | 4.43 |
| Dec 31, 2023 | 3.96 |
| Sep 30, 2023 | 2.59 |
| Jun 30, 2023 | 0.46 |
| Mar 31, 2023 | 2.37 |
| Dec 31, 2020 | -63,361.69 |
API Access
Ardmore Shipping Dividend Coverage Ratio 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=dividend-coverage-ratio&ticker=ASC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "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=dividend-coverage-ratio&ticker=ASC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();