Ardmore Shipping (ASC) Return on Invested Capital [ROIC] (2013 - 2026)
Ardmore Shipping's Return on Invested Capital [ROIC] was 34.16% in Q3 2026, up 7.17 percentage points from 26.99% a year earlier and up 0.10 percentage points from the prior quarter.
Ardmore Shipping (ASC) Return on Invested Capital [ROIC] (2013 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Ardmore Shipping came in at 12.12%, down 15.82 percentage points from FY2024.
- Return on Invested Capital [ROIC] has now declined for three consecutive years, though with a five-year change of +2.62 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was 27.94% in FY2024 (-7.63 pp), 35.57% in FY2023 (-14.63 pp), 50.20% in FY2022 (+46.76 pp) and 3.44% in FY2021 (-6.06 pp).
- The Q3 2026 figure marks the highest quarterly Return on Invested Capital [ROIC] since Q1 2025.
- Compared with a year earlier, Return on Invested Capital [ROIC] was higher in two of the last eight quarters, with an average year-over-year change of -8.38 percentage points.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q4 2022 (a gain of 67.67 percentage points); the worst was Q1 2024 (a drop of 39.52 percentage points).
- Per Business Quant data, ASC's Return on Invested Capital [ROIC] in the three quarters before Q3 2026 was 34.06% (Q2 2026), 27.70% (Q1 2026) and 26.10% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 175.32 Bn | 167.57 Bn | - | 15.71% |
| 2 | United Parcel Service | 94.41 Bn | 71.23 Bn | - | 12.25% |
| 3 | Csx | 92.11 Bn | 87.33 Bn | - | 12.59% |
| 4 | Canadian Pacific Kansas City | 82.90 Bn | 81.93 Bn | - | 5.96% |
| 5 | Fedex | 75.65 Bn | 41.84 Bn | - | 7.49% |
| 6 | Norfolk Southern | 73.02 Bn | 67.48 Bn | - | 9.67% |
| 7 | Delta Air Lines | 59.68 Bn | 41.87 Bn | - | 10.82% |
| 8 | United Airlines Holdings | 38.90 Bn | -18.80 Bn | - | 8.90% |
| 9 | Old Dominion Freight Line | 35.16 Bn | 34.00 Bn | - | 25.01% |
| 10 | Ardmore Shipping | 709.11 Mn | 519.43 Mn | 69.21 Mn | 34.16% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 34.16% |
| Jun 30, 2026 | 34.09% |
| Mar 31, 2026 | 27.76% |
| Dec 31, 2025 | 26.10% |
| Sep 30, 2025 | 26.99% |
| Jun 30, 2025 | 32.06% |
| Mar 31, 2025 | 39.61% |
| Dec 31, 2024 | 44.10% |
| Sep 30, 2024 | 46.75% |
| Jun 30, 2024 | 47.56% |
| Mar 31, 2024 | 45.91% |
| Dec 31, 2023 | 48.83% |
| Sep 30, 2023 | 53.93% |
| Jun 30, 2023 | 62.40% |
| Mar 31, 2023 | 85.42% |
| Dec 31, 2022 | 79.90% |
| Sep 30, 2022 | 54.12% |
| Jun 30, 2022 | 43.63% |
| Mar 31, 2022 | 31.23% |
| Dec 31, 2021 | 12.23% |
Ardmore Shipping Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=ASC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=ASC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();