Ardmore Shipping (ASC) Operating Margin (2012 - 2026)
Ardmore Shipping (ASC) posted Operating Margin of 74.79% for Q2 2026, up 5.59 percentage points from 69.20% a year earlier and up 3.72 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 Jun 30, 2026, Operating Margin at Ardmore Shipping was 70.26%, up 4.63 percentage points year-over-year; for FY2025, it was 66.16%, down 4.08 percentage points from FY2024.
- Annual Operating Margin shows a five-year change of +2.76 percentage points (FY2020 to FY2025).
- In prior years, Ardmore Shipping's Operating Margin was 70.23% in FY2024 (+0.97 pp), 69.26% in FY2023 (+2.00 pp), 67.26% in FY2022 (+11.41 pp) and 55.86% in FY2021 (-7.54 pp).
- The Q2 2026 figure stands as the highest quarterly Operating Margin since Q1 2021.
- On a year-over-year basis, Operating Margin has increased in each of the last four quarters, with an average year-over-year change of -0.65 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Operating Margin in the past five years was Q4 2022, with a gain of 17.43 percentage points; the weakest was Q3 2021, with a drop of 44.86 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was 71.07% (Q1 2026), 65.38% (Q4 2025) and 67.88% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.50 Bn | 165.03 Bn | - | 40.25% |
| 2 | Csx | 88.86 Bn | 85.07 Bn | - | 38.27% |
| 3 | United Parcel Service | 82.91 Bn | 59.81 Bn | - | 4.07% |
| 4 | Canadian Pacific Kansas City | 76.79 Bn | 75.81 Bn | - | 35.35% |
| 5 | Norfolk Southern | 72.78 Bn | 67.42 Bn | - | 32.44% |
| 6 | Fedex | 69.54 Bn | 35.48 Bn | - | 6.20% |
| 7 | Delta Air Lines | 48.82 Bn | 31.01 Bn | - | 7.20% |
| 8 | Old Dominion Freight Line | 38.83 Bn | 38.10 Bn | - | 29.94% |
| 9 | United Airlines Holdings | 31.02 Bn | -25.36 Bn | - | 6.20% |
| 10 | Ardmore Shipping | 751.11 Mn | 561.85 Mn | 97.26 Mn | 84.15% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 84.15% |
| Mar 31, 2026 | 80.31% |
| Dec 31, 2025 | 31.06% |
| Sep 30, 2025 | 82.70% |
| Jun 30, 2025 | 82.73% |
| Mar 31, 2025 | 83.57% |
| Dec 31, 2024 | 19.98% |
| Sep 30, 2024 | 88.67% |
| Jun 30, 2024 | 89.01% |
| Mar 31, 2024 | 88.63% |
| Dec 31, 2023 | 37.73% |
| Sep 30, 2023 | 85.84% |
| Jun 30, 2023 | 85.85% |
| Mar 31, 2023 | 89.79% |
| Dec 31, 2022 | 50.03% |
| Sep 30, 2022 | 92.28% |
| Jun 30, 2022 | 86.27% |
| Mar 31, 2022 | 75.57% |
| Dec 31, 2021 | 10.40% |
| Sep 30, 2021 | 69.78% |
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();