Ardmore Shipping (ASC) Net Margin (2012 - 2026)
Ardmore Shipping (ASC) reported Net Margin of 18.64% for Q3 2026, up 3.69 percentage points from 14.95% a year earlier but down 33.43 percentage points from the prior quarter.
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Analysis
Ardmore Shipping (ASC) Net Margin (2012 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Ardmore Shipping's Net Margin came in at 29.30%, up 19.01 percentage points year-over-year; for FY2025, it came in at 11.63%, down 20.06 percentage points from FY2024.
- Net Margin has a five-year change of +14.38 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 31.69% in FY2024 (+3.05 pp), 28.64% in FY2023 (-1.66 pp), 30.30% in FY2022 (+50.09 pp) and -19.79% in FY2021 (-17.04 pp).
- Five-year quarterly Net Margin spans a low of -16.30% in Q4 2021 and a high of 52.07% in Q2 2026.
- Year over year, Net Margin has now increased in each of the last four quarters, with an average year-over-year change of -3.62 percentage points over the last eight quarters.
- The high point for year-over-year Net Margin in five years was Q3 2022 (a gain of 70.00 percentage points); the low point was Q2 2025 (a drop of 38.53 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 52.07% (Q2 2026), 26.82% (Q1 2026) and 11.26% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - | 28.85% |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - | 5.09% |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - | 26.19% |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - | 21.74% |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - | 6.39% |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - | 21.53% |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - | 3.75% |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - | 5.76% |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - | 21.61% |
| 10 | Ardmore Shipping | 706.67 Mn | 516.99 Mn | 69.21 Mn | 18.64% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 18.64% |
| Jun 30, 2026 | 52.07% |
| Mar 31, 2026 | 26.82% |
| Dec 31, 2025 | 11.26% |
| 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% |
API Access
Ardmore Shipping Net Margin 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=net-margin&ticker=ASC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=ASC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();