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

Ardmore Shipping (ASC) reported Operating Margin of 80.31% for Q1 2026, down 326.0% on a YoY basis from 35.53% in Q1 2025, and up 2.78% sequentially from 78.14% in Q4 2025.

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

Ardmore Shipping (ASC) has 15 years of Operating Margin data on file, last reported at 80.31% in Q1 2026.

  • For the quarter ending Q1 2026, Operating Margin fell 326.0% year-over-year to 80.31%; the trailing twelve-month figure through Mar 2026 stood at 80.89% (down 612.0% YoY), and the FY2025 full-year result was 81.7%, down 637.0% from the prior year.
  • Operating Margin improved to 80.31% in Q1 2026, from 78.14% 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.
  • A 5-year average of 85.53% and a median of 85.85% in 2023 frame the typical range for Operating Margin.
  • Peak annual rise in Operating Margin reached 2250 bps in 2022, while the deepest fall reached 1238 bps in 2022.
  • Tracing ASC's Operating Margin over 5 years: stood at 91.7% in 2022, then declined by 4 bps to 87.68% in 2023, then retreated by 3 bps to 85.22% in 2024, then declined by 8 bps to 78.14% in 2025, then increased by 3 bps to 80.31% in 2026.
  • Business Quant data shows ASC's Operating Margin at 80.31% in Q1 2026, 78.14% in Q4 2025, and 82.7% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 ZIM Integrated Shipping Services 2,964,341.97 Bn 2,964,341.05 Bn 57.20 Mn -1.31%
2 Danaos 2,542.12 Bn 2,541.24 Bn 203.71 Mn 86.60%
3 Sfl 1,584.69 Bn 1,584.53 Bn 66.27 Mn -47.34%
4 Capital Clean Energy Carriers 1,419.00 Bn 1,418.46 Bn 95.52 Mn 93.93%
5 Globus Maritime 59.97 Bn 59.95 Bn 8,083.00 92.57%
6 Kirby 8.07 Bn 7.99 Bn 291.34 Mn 15.22%
7 Matson 6.26 Bn 6.16 Bn - 8.10%
8 Hafnia 3.73 Bn 3.62 Bn 152.41 Mn 48.93%
9 Intercont (Cayman) 3.56 Bn 3.56 Bn - -
10 Ardmore Shipping 671.20 Mn 618.44 Mn 70.11 Mn 80.31%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 69.60%