Ardmore Shipping (ASC) Gross Profit (2012 - 2026)
Ardmore Shipping (ASC) recorded Gross Profit of $69.21 million in Q3 2026, up 6.8% from $64.82 million a year earlier but down 28.8% from the prior quarter.
Ardmore Shipping (ASC) Gross Profit (2012 - 2026) Analysis & Trends
On a TTM basis, Ardmore Shipping's Gross Profit came in at $300.38 million as of Sep 30, 2026, up 21.5% year-over-year; for FY2025, it was $244.04 million, down 29.4% from FY2024.
- Annual Gross Profit has a five-year compound annual growth rate of 9.2% (FY2020 to FY2025).
- Across earlier years, Gross Profit came in at $345.53 million in FY2024 (+2.8%), $336.21 million in FY2023 (-12.8%), $385.72 million in FY2022 (+193.0%) and $131.65 million in FY2021 (-16.4%).
- Quarterly Gross Profit has ranged from $36.66 million in Q4 2021 to $129.1 million in Q3 2022 over the past five years.
- On a year-over-year basis, Gross Profit has increased for three consecutive quarters, with an average decline of 3.7% over the last eight quarters.
- Peak year-over-year performance for Gross Profit in the last five years was growth of 306.7% in Q3 2022, against a decline of 46.1% in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $97.26 million (Q2 2026), $70.11 million (Q1 2026) and $63.8 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - |
| 10 | Ardmore Shipping | 706.67 Mn | 516.99 Mn | 69.21 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 69.21 Mn |
| Jun 30, 2026 | 97.26 Mn |
| Mar 31, 2026 | 70.11 Mn |
| Dec 31, 2025 | 63.80 Mn |
| Sep 30, 2025 | 64.82 Mn |
| Jun 30, 2025 | 56.62 Mn |
| Mar 31, 2025 | 58.80 Mn |
| Dec 31, 2024 | 66.90 Mn |
| Sep 30, 2024 | 82.15 Mn |
| Jun 30, 2024 | 105.10 Mn |
| Mar 31, 2024 | 91.38 Mn |
| Dec 31, 2023 | 83.73 Mn |
| Sep 30, 2023 | 72.51 Mn |
| Jun 30, 2023 | 76.67 Mn |
| Mar 31, 2023 | 103.30 Mn |
| Dec 31, 2022 | 118.66 Mn |
| Sep 30, 2022 | 129.10 Mn |
| Jun 30, 2022 | 91.18 Mn |
| Mar 31, 2022 | 46.78 Mn |
| Dec 31, 2021 | 36.66 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();