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| Date | Value |
|---|---|
| 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% |