Ardmore Shipping (ASC) Operating Margin (2012 - 2026)
Ardmore Shipping (ASC) posted Operating Margin of 69.17% for Q3 2026, down 7.69 percentage points from 76.86% a year earlier and down 14.07 percentage points from the prior quarter.
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Analysis
Ardmore Shipping (ASC) Operating Margin (2012 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Operating Margin at Ardmore Shipping was 67.45%, up 6.60 percentage points year-over-year; for FY2025, it was 27.67%, down 14.74 percentage points from FY2024.
- Annual Operating Margin shows a five-year change of +4.70 percentage points (FY2020 to FY2025).
- In prior years, Ardmore Shipping's Operating Margin was 42.40% in FY2024 (+2.45 pp), 39.95% in FY2023 (-1.77 pp), 41.72% in FY2022 (+33.08 pp) and 8.64% in FY2021 (-14.33 pp).
- Quarterly Operating Margin has run from a low of 10.40% in Q4 2021 to a high of 89.02% in Q3 2022 over five years.
- On a year-over-year basis, Operating Margin increased in three of the last eight quarters, with an average year-over-year change of -3.11 percentage points.
- The strongest year-over-year quarter for Operating Margin in the past five years was Q1 2022, with a gain of 29185.07 percentage points; the weakest was Q4 2024, with a drop of 17.75 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was 83.24% (Q2 2026), 79.18% (Q1 2026) and 31.06% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - | 40.89% |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - | 7.63% |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - | 39.08% |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - | 35.25% |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - | 6.20% |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - | 32.61% |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - | 7.20% |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - | 8.09% |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - | 28.46% |
| 10 | Ardmore Shipping | 706.67 Mn | 516.99 Mn | 69.21 Mn | 69.17% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 69.17% |
| Jun 30, 2026 | 83.24% |
| Mar 31, 2026 | 79.18% |
| Dec 31, 2025 | 31.06% |
| Sep 30, 2025 | 76.86% |
| Jun 30, 2025 | 74.45% |
| Mar 31, 2025 | 75.36% |
| Dec 31, 2024 | 19.98% |
| Sep 30, 2024 | 82.26% |
| Jun 30, 2024 | 84.24% |
| Mar 31, 2024 | 83.30% |
| Dec 31, 2023 | 37.73% |
| Sep 30, 2023 | 80.97% |
| Jun 30, 2023 | 80.96% |
| Mar 31, 2023 | 84.94% |
| Dec 31, 2022 | 50.03% |
| Sep 30, 2022 | 89.02% |
| Jun 30, 2022 | 83.96% |
| Mar 31, 2022 | 72.08% |
| Dec 31, 2021 | 10.40% |
API Access
Ardmore Shipping Operating Margin 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-margin&ticker=ASC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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-margin&ticker=ASC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();