Ardmore Shipping (ASC) Return on Equity [ROE] (2013 - 2026)
Ardmore Shipping (ASC) reported Return on Equity [ROE] of 22.89% for Q3 2026, up 16.41 percentage points from 6.48% a year earlier and up 6.74 percentage points from the prior quarter.
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Analysis
Ardmore Shipping (ASC) Return on Equity [ROE] (2013 - 2026) Analysis & Trends
For FY2025, Ardmore Shipping posted Return on Equity [ROE] of 6.65%, down 17.37 percentage points from FY2024.
- Return on Equity [ROE] has a five-year change of +8.52 percentage points (FY2020 to FY2025).
- By year, Return on Equity [ROE] came in at 24.02% in FY2024 (+0.61 pp), 23.41% in FY2023 (-13.01 pp), 36.42% in FY2022 (+48.35 pp) and -11.93% in FY2021 (-10.06 pp).
- The Q3 2026 figure ranks as the highest quarterly Return on Equity [ROE] since Q3 2024.
- Year over year, Return on Equity [ROE] gained in two of the last eight quarters, with an average year-over-year change of -4.76 percentage points.
- The high point for year-over-year Return on Equity [ROE] in five years was Q1 2023 (a gain of 51.64 percentage points); the low point was Q1 2024 (a drop of 19.03 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 16.16% (Q2 2026), 9.10% (Q1 2026) and 6.55% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - | 35.69% |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - | 29.36% |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - | 25.37% |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - | 8.38% |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - | 14.43% |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - | 16.28% |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - | 14.84% |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - | 20.76% |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - | 25.21% |
| 10 | Ardmore Shipping | 706.67 Mn | 516.99 Mn | 69.21 Mn | 22.89% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 22.89% |
| Jun 30, 2026 | 16.17% |
| Mar 31, 2026 | 9.11% |
| Dec 31, 2025 | 6.55% |
| Sep 30, 2025 | 6.48% |
| Jun 30, 2025 | 8.44% |
| Mar 31, 2025 | 17.13% |
| Dec 31, 2024 | 22.28% |
| Sep 30, 2024 | 24.64% |
| Jun 30, 2024 | 25.36% |
| Mar 31, 2024 | 20.44% |
| Dec 31, 2023 | 22.35% |
| Sep 30, 2023 | 28.34% |
| Jun 30, 2023 | 37.13% |
| Mar 31, 2023 | 39.48% |
| Dec 31, 2022 | 31.31% |
| Sep 30, 2022 | 20.44% |
| Jun 30, 2022 | 0.84% |
| Mar 31, 2022 | -12.16% |
| Dec 31, 2021 | -9.49% |
API Access
Ardmore Shipping Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=ASC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=ASC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();