Ardmore Shipping (ASC) Interest Expenses (2012 - 2026)

Ardmore Shipping's (ASC) quarterly Interest Expenses came in at -$2.1 million in Q1 2026, down 123.42% year-on-year from $8.9 million in Q1 2025, and up 12.63% quarter-over-quarter from -$2.4 million in Q4 2025.

Ardmore Shipping (ASC) Interest Expenses (2012 - 2026) Analysis & Trends

Ardmore Shipping has disclosed Interest Expenses across 15 years of filings, most recently posting -$2.1 million for Q1 2026.

  • Interest Expenses for Q1 2026 came in at -$2.1 million, down 123.42% year-over-year; the trailing twelve-month figure through Mar 2026 was -$7.3 million (down 40.13% YoY), and the FY2025 annual result was $6.1 million, up 47.63% from the prior year.
  • Interest Expenses came in at -$2.1 million for Q1 2026 at Ardmore Shipping, up from -$2.4 million in the prior quarter.
  • In the past five years, Interest Expenses ranged from a high of -$935000.0 in Q1 2025 to a low of -$4.8 million in Q2 2022.
  • The 5-year median for Interest Expenses is -$2.4 million (2025), against an average of -$2.5 million.
  • Across the five-year window, Interest Expenses sank 109486.86% in 2022 and surged 63.21% in 2024, its largest moves.
  • Ardmore Shipping's Interest Expenses stood at -$2.0 million in 2022, then sank by 33.76% to -$2.7 million in 2023, then surged by 59.44% to -$1.1 million in 2024, then sank by 116.58% to -$2.4 million in 2025, then increased by 12.63% to -$2.1 million in 2026.
  • The last three Interest Expenses figures came in at -$2.1 million (Q1 2026), -$2.4 million (Q4 2025), and -$1.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 C3is 744.65 Bn 744.65 Bn 9.11 Mn -1,852.00
2 Kirby 7.86 Bn 7.78 Bn 291.34 Mn 11.22 Mn
3 Matson 5.69 Bn 5.59 Bn - 1.60 Mn
4 Hafnia 3.63 Bn 3.52 Bn 152.41 Mn -12.94 Mn
5 Star Bulk Carriers 3.14 Bn 3.13 Bn 371.22 Mn 127.05 Mn
6 ZIM Integrated Shipping Services 3.12 Bn 1.01 Bn 57.20 Mn -112.20 Mn
7 Costamare 1.93 Bn 1.42 Bn - -18.95 Mn
8 Navios Maritime Partners 1.87 Bn 1.47 Bn 262.01 Mn -30.60 Mn
9 Global Ship Lease 1.37 Bn 1.37 Bn - -
10 Ardmore Shipping 9,535.20 -52.75 Mn 70.11 Mn -2.09 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -2.09 Mn
Mar 31, 2026 -2.09 Mn
Dec 31, 2025 -2.39 Mn
Dec 31, 2025 -2.39 Mn
Sep 30, 2025 -1.74 Mn
Sep 30, 2025 -1.74 Mn
Jun 30, 2025 -1.04 Mn
Jun 30, 2025 -1.04 Mn
Mar 31, 2025 -935,000.00
Mar 31, 2025 -935,000.00
Dec 31, 2024 -1.10 Mn
Dec 31, 2024 -1.10 Mn
Sep 30, 2024 -1.10 Mn
Sep 30, 2024 -1.10 Mn
Jun 30, 2024 -2.04 Mn
Jun 30, 2024 -2.04 Mn
Mar 31, 2024 -2.53 Mn
Mar 31, 2024 -2.53 Mn
Dec 31, 2023 -2.72 Mn
Dec 31, 2023 -2.72 Mn