Ardmore Shipping (ASC) Operating Income (2012 - 2026)
Ardmore Shipping (ASC) recorded Operating Income of $60.67 million in Q3 2026, down 2.8% from $62.45 million a year earlier and down 37.3% from the prior quarter.
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Analysis
Ardmore Shipping (ASC) Operating Income (2012 - 2026) Analysis & Trends
On a TTM basis, Ardmore Shipping's Operating Income came in at $252.77 million as of Sep 30, 2026, up 34.3% year-over-year; for FY2025, it came in at $85.82 million, down 50.1% from FY2024.
- Annual Operating Income has a five-year compound annual growth rate of 11.2% (FY2020 to FY2025).
- Across earlier years, Operating Income came in at $172.06 million in FY2024 (+8.8%), $158.19 million in FY2023 (-14.9%), $185.97 million in FY2022 and $16.63 million in FY2021 (-67.1%).
- Quarterly Operating Income has ranged from $5.45 million in Q4 2021 to $126.78 million in Q3 2022 over the past five years.
- On a year-over-year basis, Operating Income rose in three of the last eight quarters, with an average decline of 0.3%.
- Peak year-over-year performance for Operating Income in the last five years was growth of 314.9% in Q3 2022, against a decline of 56.1% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $96.73 million (Q2 2026), $69.61 million (Q1 2026) and $25.75 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - | 2.94 Bn |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - | 1.74 Bn |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - | 1.57 Bn |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - | 1.06 Bn |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - | 1.55 Bn |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - | 1.15 Bn |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - | 1.45 Bn |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - | 1.45 Bn |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - | 452.65 Mn |
| 10 | Ardmore Shipping | 706.67 Mn | 516.99 Mn | 69.21 Mn | 60.67 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 60.67 Mn |
| Jun 30, 2026 | 96.73 Mn |
| Mar 31, 2026 | 69.61 Mn |
| Dec 31, 2025 | 25.75 Mn |
| Sep 30, 2025 | 62.45 Mn |
| Jun 30, 2025 | 53.64 Mn |
| Mar 31, 2025 | 55.76 Mn |
| Dec 31, 2024 | 16.39 Mn |
| Sep 30, 2024 | 79.07 Mn |
| Jun 30, 2024 | 102.21 Mn |
| Mar 31, 2024 | 88.55 Mn |
| Dec 31, 2023 | 37.30 Mn |
| Sep 30, 2023 | 70.40 Mn |
| Jun 30, 2023 | 74.42 Mn |
| Mar 31, 2023 | 100.43 Mn |
| Dec 31, 2022 | 66.46 Mn |
| Sep 30, 2022 | 126.78 Mn |
| Jun 30, 2022 | 89.94 Mn |
| Mar 31, 2022 | 45.68 Mn |
| Dec 31, 2021 | 5.45 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();