Ardmore Shipping (ASC) Net Margin (2012 - 2026)
Ardmore Shipping's (ASC) quarterly Net Margin came in at 52.07% in Q2 2026, up 3963.0% year-over-year from 1.28% in Q2 2025, and up 94.12% quarter-over-quarter from 26.82% in Q1 2026.
Analysis
Ardmore Shipping (ASC) Net Margin (2012 - 2026) Analysis & Trends
Ardmore Shipping has disclosed Net Margin across 15 years of filings, most recently posting 52.07% for Q2 2026.
- In Q2 2026, Net Margin rose 3963.0% year-over-year to 52.07%; the TTM figure through Jun 2026 stood at 28.67% (up 1542.0% YoY), while the FY2025 annual figure was 11.63%, down 2006.0% from the prior year.
- Net Margin came in at 52.07% for Q2 2026 at Ardmore Shipping, up from 26.82% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 52.07% in Q2 2026 to a low of 12.39% in Q1 2022.
- Average Net Margin over 5 years is 25.12%, with a median of 26.09% recorded in 2023.
- Year-over-year, Net Margin surged 5626 bps in 2022 and plunged 3853 bps in 2025.
- Over 5 years, Net Margin stood at 39.96% in 2022, then sank by 34 bps to 26.45% in 2023, then tumbled by 77 bps to 6.2% in 2024, then soared by 82 bps to 11.27% in 2025, then jumped by 362 bps to 52.07% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 52.07% in Q2 2026, 26.82% in Q1 2026, and 11.27% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 70.00% |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 9.74% |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 13.35% |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 63.09% |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 34.40% |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | 59.92% |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 109.93% |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | 3.57% |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 37.70% |
| 10 | Ardmore Shipping | 732.47 Mn | 682.03 Mn | 97.26 Mn | 52.07% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 52.07% |
| Mar 31, 2026 | 26.82% |
| Dec 31, 2025 | 11.27% |
| Sep 30, 2025 | 14.95% |
| Jun 30, 2025 | 12.44% |
| Mar 31, 2025 | 7.60% |
| Dec 31, 2024 | 6.20% |
| Sep 30, 2024 | 24.23% |
| Jun 30, 2024 | 50.97% |
| Mar 31, 2024 | 36.11% |
| Dec 31, 2023 | 26.45% |
| Sep 30, 2023 | 23.40% |
| Jun 30, 2023 | 25.74% |
| Mar 31, 2023 | 36.58% |
| Dec 31, 2022 | 39.96% |
| Sep 30, 2022 | 42.81% |
| Jun 30, 2022 | 26.93% |
| Mar 31, 2022 | -12.39% |
| Dec 31, 2021 | -16.30% |
| Sep 30, 2021 | 27.18% |