Ardmore Shipping (ASC) Operating Income (2012 - 2026)
Ardmore Shipping (ASC) recorded Operating Income of $86.92 million in Q2 2026, up 74.3% from $49.85 million a year earlier and up 39.1% from the prior quarter.
Powered by 
Analysis
Ardmore Shipping (ASC) Operating Income (2012 - 2026) Analysis & Trends
On a TTM basis, Ardmore Shipping's Operating Income came in at $258.76 million as of Jun 30, 2026, up 21.6% year-over-year; for FY2025, it came in at $205.22 million, down 28.0% from FY2024.
- Annual Operating Income has a five-year compound annual growth rate of 8.0% (FY2020 to FY2025).
- Across earlier years, Operating Income came in at $285 million in FY2024 (+3.9%), $274.27 million in FY2023 (-8.5%), $299.82 million in FY2022 (+178.9%) and $107.52 million in FY2021 (-22.9%).
- The Q2 2026 figure is the highest quarterly Operating Income since Q2 2024.
- On a year-over-year basis, Operating Income has increased for three consecutive quarters, with an average year-over-year change of 0.0% over the last eight quarters.
- Peak year-over-year performance for Operating Income in the last five years was growth of 290.6% in Q3 2022, against a decline of 44.3% in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $62.49 million (Q1 2026), $54.21 million (Q4 2025) and $55.15 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 2.76 Bn |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 1.51 Bn |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 1.06 Bn |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 930.00 Mn |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 1.12 Bn |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 1.55 Bn |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 1.86 Bn |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 465.30 Mn |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 668.82 Mn |
| 10 | Ardmore Shipping | 739.28 Mn | 550.02 Mn | 86.38 Mn | 86.92 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 86.92 Mn |
| Mar 31, 2026 | 62.49 Mn |
| Dec 31, 2025 | 54.21 Mn |
| Sep 30, 2025 | 55.15 Mn |
| Jun 30, 2025 | 49.85 Mn |
| Mar 31, 2025 | 46.00 Mn |
| Dec 31, 2024 | 52.29 Mn |
| Sep 30, 2024 | 64.63 Mn |
| Jun 30, 2024 | 89.50 Mn |
| Mar 31, 2024 | 78.59 Mn |
| Dec 31, 2023 | 68.67 Mn |
| Sep 30, 2023 | 58.42 Mn |
| Jun 30, 2023 | 62.64 Mn |
| Mar 31, 2023 | 84.54 Mn |
| Dec 31, 2022 | 96.47 Mn |
| Sep 30, 2022 | 98.77 Mn |
| Jun 30, 2022 | 67.19 Mn |
| Mar 31, 2022 | 37.40 Mn |
| Dec 31, 2021 | 28.95 Mn |
| Sep 30, 2021 | 25.29 Mn |
API Access
Ardmore Shipping Operating Income 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=operating-income&ticker=ASC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=ASC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();