Ardmore Shipping (ASC) Retained Earnings (2012 - 2026)
Ardmore Shipping's Retained Earnings came in at $237.39 million for Q3 2026, up 29.3% from $183.53 million a year earlier but down 6.3% from the prior quarter.
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Analysis
Ardmore Shipping (ASC) Retained Earnings (2012 - 2026) Analysis & Trends
At the end of FY2025, Ardmore Shipping's Retained Earnings was $188.8 million, up 14.5% from FY2024.
- Retained Earnings has increased in each of the last three years.
- Going back by year, Retained Earnings was $164.91 million in FY2024 (+102.6%), $81.39 million in FY2023 (+437.7%), $15.14 million in FY2022 and -$119.92 million in FY2021.
- The five-year range for quarterly Retained Earnings is -$119.92 million (Q4 2021) to $253.32 million (Q2 2026).
- Year-over-year, Retained Earnings has increased for 12 consecutive quarters, with growth averaging 35.7% over the last eight quarters.
- Across the past five years, year-over-year growth in Retained Earnings ran from 8.9% in Q2 2025 to 437.7% in Q4 2023.
- Business Quant data shows ASC's Retained Earnings at $253.32 million (Q2 2026), $208.72 million (Q1 2026) and $188.8 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - | 72.82 Bn |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - | 18.60 Bn |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - | 11.61 Bn |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - | 13.56 Bn |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - | 44.46 Bn |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - | 14.36 Bn |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - | 14.88 Bn |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - | 12.56 Bn |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - | 4.41 Bn |
| 10 | Ardmore Shipping | 706.67 Mn | 516.99 Mn | 69.21 Mn | 237.39 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 237.39 Mn |
| Jun 30, 2026 | 253.32 Mn |
| Mar 31, 2026 | 208.72 Mn |
| Dec 31, 2025 | 188.80 Mn |
| Sep 30, 2025 | 183.53 Mn |
| Jun 30, 2025 | 174.23 Mn |
| Mar 31, 2025 | 167.30 Mn |
| Dec 31, 2024 | 164.91 Mn |
| Sep 30, 2024 | 167.39 Mn |
| Jun 30, 2024 | 160.00 Mn |
| Mar 31, 2024 | 111.10 Mn |
| Dec 31, 2023 | 81.39 Mn |
| Sep 30, 2023 | 61.85 Mn |
| Jun 30, 2023 | 49.35 Mn |
| Mar 31, 2023 | 40.10 Mn |
| Dec 31, 2022 | 15.14 Mn |
| Sep 30, 2022 | -37.95 Mn |
| Jun 30, 2022 | -98.92 Mn |
| Mar 31, 2022 | -127,770.00 |
| Dec 31, 2021 | -119.92 Mn |
API Access
Ardmore Shipping Retained Earnings 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=retained-earnings&ticker=ASC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "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=retained-earnings&ticker=ASC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();