Ardmore Shipping ASC
NYSE ASC
$18.03 -0.14 (-0.77%)
As of: Sep 8, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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