Ardmore Shipping (ASC) Operating Margin (2012 - 2026)
Ardmore Shipping's (ASC) quarterly Operating Margin came in at 74.97% in Q1 2026, down 2153.0% year-on-year from 3.65% in Q1 2025, and down 20.98% quarter-over-quarter from 94.87% in Q4 2025.
Ardmore Shipping (ASC) Operating Margin (2012 - 2026) Analysis & Trends
Ardmore Shipping has disclosed Operating Margin across 15 years of filings, most recently posting 74.97% for Q1 2026.
- Operating Margin for Q1 2026 came in at 74.97%, down 2153.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 90.32% (down 799.0% YoY), and the FY2025 annual result was 61.2%, down 1073.0% from the prior year.
- Operating Margin came in at 74.97% for Q1 2026 at Ardmore Shipping, down from 94.87% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 100.14% in Q3 2024 to a low of 74.97% in Q1 2026.
- The 5-year median for Operating Margin is 97.04% (2025), against an average of 95.08%.
- Across the five-year window, Operating Margin jumped 2503 bps in 2022 and sank 2153 bps in 2026, its largest moves.
- Ardmore Shipping's Operating Margin stood at 98.81% in 2022, then decreased by 1 bps to 97.62% in 2023, then rose by 2 bps to 99.37% in 2024, then declined by 5 bps to 94.87% in 2025, then declined by 21 bps to 74.97% in 2026.
- The last three Operating Margin figures came in at 74.97% (Q1 2026), 94.87% (Q4 2025), and 97.04% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | 45.48% |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | -31.42% |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 8.10% |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | 48.93% |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 25.53% |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | -1.31% |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | 48.28% |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | 80.06% |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | - |
| 10 | Ardmore Shipping | 9,535.20 | -52.75 Mn | 70.11 Mn | 74.97% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 74.97% |
| Dec 31, 2025 | 94.87% |
| Sep 30, 2025 | 97.04% |
| Jun 30, 2025 | 96.26% |
| Mar 31, 2025 | 96.50% |
| Dec 31, 2024 | 99.37% |
| Sep 30, 2024 | 100.14% |
| Jun 30, 2024 | 97.27% |
| Mar 31, 2024 | 84.17% |
| Dec 31, 2023 | 97.62% |
| Sep 30, 2023 | 97.22% |
| Jun 30, 2023 | 95.99% |
| Mar 31, 2023 | 97.52% |
| Dec 31, 2022 | 98.81% |
| Sep 30, 2022 | 99.84% |
| Jun 30, 2022 | 95.64% |
| Mar 31, 2022 | 93.17% |
| Dec 31, 2021 | 95.49% |
| Sep 30, 2021 | 98.09% |
| Jun 30, 2021 | 96.72% |