Ardmore Shipping ASC
NYSE ASC
$18.03 -0.14 (-0.77%)
As of: Sep 8, 2026 · 3:59 PM EDT

Ardmore Shipping (ASC) Operating Margin (2012 - 2026)

Ardmore Shipping's (ASC) quarterly Operating Margin came in at 84.15% in Q2 2026, up 142.0% year-over-year from 34.77% in Q2 2025, and up 4.79% quarter-over-quarter from 80.31% in Q1 2026.

Analysis

Ardmore Shipping (ASC) Operating Margin (2012 - 2026) Analysis & Trends

Ardmore Shipping has disclosed Operating Margin across 15 years of filings, most recently posting 84.15% for Q2 2026.

  • In Q2 2026, Operating Margin rose 142.0% year-over-year to 84.15%; the TTM figure through Jun 2026 stood at 81.56% (down 375.0% YoY), while the FY2025 annual figure was 81.7%, down 637.0% from the prior year.
  • Operating Margin came in at 84.15% for Q2 2026 at Ardmore Shipping, up from 80.31% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 92.28% in Q3 2022 to a low of 75.57% in Q1 2022.
  • Average Operating Margin over 5 years is 85.45%, with a median of 85.84% recorded in 2023.
  • The largest YoY upside for Operating Margin was 2250 bps in 2022 against a maximum downside of 2155 bps in 2022.
  • Over 5 years, Operating Margin stood at 91.7% in 2022, then fell by 4 bps to 87.68% in 2023, then decreased by 3 bps to 85.22% in 2024, then fell by 8 bps to 78.14% in 2025, then increased by 8 bps to 84.15% in 2026.
  • Per Business Quant data, the three most recent Operating Margin figures were 84.15% in Q2 2026, 80.31% in Q1 2026, and 78.14% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Frontline 10.35 Bn 10.03 Bn - 71.19%
2 Kirby 7.39 Bn 7.35 Bn 290.80 Mn 13.27%
3 Matson 6.76 Bn 6.64 Bn - 16.39%
4 International Seaways 5.13 Bn 5.13 Bn 467.16 Mn 64.49%
5 Hafnia 4.45 Bn 4.17 Bn 372.91 Mn 34.33%
6 Cmb.Tech 4.42 Bn 4.26 Bn 970.62 Mn 71.23%
7 Scorpio Tankers 3.80 Bn 1.97 Bn 343.91 Mn 97.45%
8 ZIM Integrated Shipping Services 3.60 Bn 2.57 Bn 255.00 Mn 8.10%
9 Star Bulk Carriers 3.56 Bn 3.00 Bn 299.80 Mn 43.38%
10 Ardmore Shipping 732.47 Mn 682.03 Mn 97.26 Mn 84.15%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 84.15%
Mar 31, 2026 80.31%
Dec 31, 2025 78.14%
Sep 30, 2025 82.70%
Jun 30, 2025 82.73%
Mar 31, 2025 83.57%
Dec 31, 2024 85.22%
Sep 30, 2024 88.67%
Jun 30, 2024 89.01%
Mar 31, 2024 88.63%
Dec 31, 2023 87.68%
Sep 30, 2023 85.84%
Jun 30, 2023 85.85%
Mar 31, 2023 89.79%
Dec 31, 2022 91.70%
Sep 30, 2022 92.28%
Jun 30, 2022 86.27%
Mar 31, 2022 75.57%
Dec 31, 2021 71.95%
Sep 30, 2021 69.78%