Ardmore Shipping (ASC) Gross Profit (2018 - 2026)
Ardmore Shipping (ASC) recorded Gross Profit of $86.38 million in Q2 2026, up 84.3% from $46.87 million a year earlier and up 39.4% from the prior quarter.
Ardmore Shipping (ASC) Gross Profit (2018 - 2026) Analysis & Trends
On a TTM basis, Ardmore Shipping's Gross Profit came in at $254.38 million as of Jun 30, 2026, up 26.8% year-over-year; for FY2025, it was $195.84 million, down 28.3% from FY2024.
- Annual Gross Profit has a five-year compound annual growth rate of 7.1% (FY2020 to FY2025).
- Across earlier years, Gross Profit came in at $273.17 million in FY2024 (+3.4%), $264.07 million in FY2023 (-9.6%), $292.01 million in FY2022 (+181.0%) and $103.91 million in FY2021 (-25.1%).
- The Q2 2026 figure is the highest quarterly Gross Profit since Q2 2024.
- On a year-over-year basis, Gross Profit has increased for three consecutive quarters, with growth averaging 2.2% over the last eight quarters.
- Peak year-over-year performance for Gross Profit in the last five years was growth of 300.2% in Q3 2022, against a decline of 45.9% in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $61.99 million (Q1 2026), $53.22 million (Q4 2025) and $52.78 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn |
| 10 | Ardmore Shipping | 759.64 Mn | 570.39 Mn | 86.38 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 86.38 Mn |
| Mar 31, 2026 | 61.99 Mn |
| Dec 31, 2025 | 53.22 Mn |
| Sep 30, 2025 | 52.78 Mn |
| Jun 30, 2025 | 46.87 Mn |
| Mar 31, 2025 | 42.96 Mn |
| Dec 31, 2024 | 49.27 Mn |
| Sep 30, 2024 | 61.54 Mn |
| Jun 30, 2024 | 86.61 Mn |
| Mar 31, 2024 | 75.75 Mn |
| Dec 31, 2023 | 65.71 Mn |
| Sep 30, 2023 | 56.30 Mn |
| Jun 30, 2023 | 60.40 Mn |
| Mar 31, 2023 | 81.67 Mn |
| Dec 31, 2022 | 93.33 Mn |
| Sep 30, 2022 | 96.45 Mn |
| Jun 30, 2022 | 65.95 Mn |
| Mar 31, 2022 | 36.29 Mn |
| Dec 31, 2021 | 27.87 Mn |
| Sep 30, 2021 | 24.10 Mn |
Ardmore Shipping Gross Profit 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=gross-profit&ticker=ASC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "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=gross-profit&ticker=ASC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();