Ardmore Shipping (ASC) Return on Capital Employed [ROCE] (2013 - 2026)
Ardmore Shipping's Return on Capital Employed [ROCE] came in at 34.27% for Q3 2026, up 8.33 percentage points from 25.94% a year earlier and up 0.36 percentage points from the prior quarter.
Ardmore Shipping (ASC) Return on Capital Employed [ROCE] (2013 - 2026) Analysis & Trends
For FY2025, Ardmore Shipping's Return on Capital Employed [ROCE] was 11.90%, down 13.85 percentage points from FY2024.
- Return on Capital Employed [ROCE] carries a five-year change of +4.68 percentage points (FY2020 to FY2025).
- Going back by year, Return on Capital Employed [ROCE] was 25.76% in FY2024 (+2.27 pp), 23.49% in FY2023 (-4.22 pp), 27.70% in FY2022 (+25.26 pp) and 2.45% in FY2021 (-4.78 pp).
- The Q3 2026 figure represents the highest quarterly Return on Capital Employed [ROCE] since Q1 2025.
- Year-over-year, Return on Capital Employed [ROCE] increased in two of the last eight quarters, with an average year-over-year change of -6.59 percentage points.
- The fastest year-over-year change in Return on Capital Employed [ROCE] over five years came in Q2 2022 (a gain of 51.80 percentage points), and the weakest in Q3 2025 (a drop of 18.24 percentage points).
- Business Quant data shows ASC's Return on Capital Employed [ROCE] at 33.90% (Q2 2026), 27.85% (Q1 2026) and 25.72% (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - | 15.93% |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - | 11.55% |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - | 13.38% |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - | 7.22% |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - | 7.01% |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - | 9.77% |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - | 10.05% |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - | 8.46% |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - | 29.43% |
| 10 | Ardmore Shipping | 706.67 Mn | 516.99 Mn | 69.21 Mn | 34.27% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 34.27% |
| Jun 30, 2026 | 33.90% |
| Mar 31, 2026 | 27.85% |
| Dec 31, 2025 | 25.72% |
| Sep 30, 2025 | 25.94% |
| Jun 30, 2025 | 30.75% |
| Mar 31, 2025 | 38.01% |
| Dec 31, 2024 | 41.84% |
| Sep 30, 2024 | 44.17% |
| Jun 30, 2024 | 43.74% |
| Mar 31, 2024 | 43.39% |
| Dec 31, 2023 | 43.15% |
| Sep 30, 2023 | 48.05% |
| Jun 30, 2023 | 55.46% |
| Mar 31, 2023 | 57.06% |
| Dec 31, 2022 | 49.15% |
| Sep 30, 2022 | 44.59% |
| Jun 30, 2022 | 56.83% |
| Mar 31, 2022 | 31.22% |
| Dec 31, 2021 | 8.12% |
Ardmore Shipping Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=ASC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=ASC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();