Ardmore Shipping (ASC) EV to EBITDA (2013 - 2026)
Ardmore Shipping's (ASC) quarterly EV to EBITDA came in at 5.87 in Q2 2026, down 16.56% year-over-year from 7.03 in Q2 2025, and down 36.8% quarter-over-quarter from 9.28 in Q1 2026.
Analysis
Ardmore Shipping (ASC) EV to EBITDA (2013 - 2026) Analysis & Trends
Ardmore Shipping has disclosed EV to EBITDA across 14 years of filings, most recently posting 5.87 for Q2 2026.
- In Q2 2026, EV to EBITDA fell 16.56% year-over-year to 5.87; the TTM figure through Jun 2026 stood at 2.21 (up 25.61% YoY), while the FY2025 annual figure was 3.99, up 47.03% from the prior year.
- EV to EBITDA came in at 5.87 for Q2 2026 at Ardmore Shipping, down from 9.28 in the prior quarter.
- In the past five years, EV to EBITDA ranged from a high of 20.39 in Q4 2024 to a low of 2.36 in Q3 2022.
- Average EV to EBITDA over 5 years is 8.25, with a median of 7.61 recorded in 2023.
- Year-over-year, EV to EBITDA tumbled 54.24% in 2022 and jumped 221.63% in 2023.
- Over 5 years, EV to EBITDA stood at 8.18 in 2022, then surged by 70.48% to 13.94 in 2023, then surged by 46.27% to 20.39 in 2024, then tumbled by 30.19% to 14.23 in 2025, then slumped by 58.77% to 5.87 in 2026.
- Per Business Quant data, the three most recent EV to EBITDA figures were 5.87 in Q2 2026, 9.28 in Q1 2026, and 14.23 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn |
| 10 | Ardmore Shipping | 732.47 Mn | 682.03 Mn | 97.26 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.87 |
| Mar 31, 2026 | 9.28 |
| Dec 31, 2025 | 14.23 |
| Sep 30, 2025 | 7.85 |
| Jun 30, 2025 | 7.03 |
| Mar 31, 2025 | 6.88 |
| Dec 31, 2024 | 20.39 |
| Sep 30, 2024 | 9.46 |
| Jun 30, 2024 | 9.15 |
| Mar 31, 2024 | 7.61 |
| Dec 31, 2023 | 13.94 |
| Sep 30, 2023 | 7.60 |
| Jun 30, 2023 | 6.76 |
| Mar 31, 2023 | 5.91 |
| Dec 31, 2022 | 8.18 |
| Sep 30, 2022 | 2.36 |
| Jun 30, 2022 | 2.64 |
| Mar 31, 2022 | 3.38 |
| Dec 31, 2021 | 17.87 |
| Sep 30, 2021 | 4.11 |