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

Ardmore Shipping (ASC) Gross Margin (2012 - 2026)

Ardmore Shipping's (ASC) quarterly Gross Margin came in at 83.69% in Q2 2026, up 510.0% year-over-year from 13.72% in Q2 2025, and up 4.95% quarter-over-quarter from 79.74% in Q1 2026.

Analysis

Ardmore Shipping (ASC) Gross Margin (2012 - 2026) Analysis & Trends

Ardmore Shipping has disclosed Gross Margin across 15 years of filings, most recently posting 83.69% for Q2 2026.

  • In Q2 2026, Gross Margin rose 510.0% year-over-year to 83.69%; the TTM figure through Jun 2026 stood at 80.37% (down 121.0% YoY), while the FY2025 annual figure was 78.67%, down 648.0% from the prior year.
  • Gross Margin came in at 83.69% for Q2 2026 at Ardmore Shipping, up from 79.74% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 90.65% in Q3 2022 to a low of 73.82% in Q1 2022.
  • Average Gross Margin over 5 years is 83.09%, with a median of 83.55% recorded in 2023.
  • Year-over-year, Gross Margin soared 2339 bps in 2022 and plunged 804 bps in 2025.
  • Over 5 years, Gross Margin stood at 89.33% in 2022, then declined by 5 bps to 84.68% in 2023, then dropped by 4 bps to 81.54% in 2024, then retreated by 6 bps to 76.95% in 2025, then gained by 9 bps to 83.69% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 83.69% in Q2 2026, 79.74% in Q1 2026, and 76.95% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Frontline 10.35 Bn 10.03 Bn - -
2 Kirby 7.39 Bn 7.35 Bn 290.80 Mn 31.53%
3 Matson 6.76 Bn 6.64 Bn - -
4 International Seaways 5.13 Bn 5.13 Bn 467.16 Mn 99.97%
5 Hafnia 4.45 Bn 4.17 Bn 372.91 Mn 45.71%
6 Cmb.Tech 4.42 Bn 4.26 Bn 970.62 Mn 79.33%
7 Scorpio Tankers 3.80 Bn 1.97 Bn 343.91 Mn 84.14%
8 ZIM Integrated Shipping Services 3.60 Bn 2.57 Bn 255.00 Mn 14.32%
9 Star Bulk Carriers 3.56 Bn 3.00 Bn 299.80 Mn 83.88%
10 Ardmore Shipping 732.47 Mn 682.03 Mn 97.26 Mn 83.69%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 83.69%
Mar 31, 2026 79.74%
Dec 31, 2025 76.95%
Sep 30, 2025 79.78%
Jun 30, 2025 78.59%
Mar 31, 2025 79.46%
Dec 31, 2024 81.54%
Sep 30, 2024 85.47%
Jun 30, 2024 86.63%
Mar 31, 2024 85.96%
Dec 31, 2023 84.68%
Sep 30, 2023 83.41%
Jun 30, 2023 83.40%
Mar 31, 2023 87.37%
Dec 31, 2022 89.33%
Sep 30, 2022 90.65%
Jun 30, 2022 85.12%
Mar 31, 2022 73.82%
Dec 31, 2021 69.88%
Sep 30, 2021 67.26%