Ardmore Shipping (ASC) Return on Invested Capital [ROIC] (2013 - 2026)
Ardmore Shipping's Return on Invested Capital [ROIC] was 34.70% in Q2 2026, up 1.31 percentage points from 33.39% a year earlier and up 5.52 percentage points from the prior quarter.
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Analysis
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 29.15%, down 17.19 percentage points from FY2024.
- Return on Invested Capital [ROIC] has now declined for three consecutive years, though with a five-year change of +29.15 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was 46.35% in FY2024 (-0.08 pp), 46.42% in FY2023 (-11.50 pp), 57.92% in FY2022 (+57.92 pp) and 0.00% in FY2021 (unchanged).
- The Q2 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 1 of the last eight quarters, with an average year-over-year change of -9.05 percentage points.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q4 2022 (a gain of 53.67 percentage points); the worst was Q4 2025 (a drop of 16.72 percentage points).
- Per Business Quant data, ASC's Return on Invested Capital [ROIC] in the three quarters before Q2 2026 was 29.18% (Q1 2026), 27.26% (Q4 2025) and 29.30% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 165.28 Bn | 159.81 Bn | - | 15.51% |
| 2 | Csx | 87.86 Bn | 84.08 Bn | - | 11.65% |
| 3 | Canadian Pacific Kansas City | 75.56 Bn | 75.27 Bn | - | 5.85% |
| 4 | Norfolk Southern | 71.27 Bn | 65.91 Bn | - | 9.62% |
| 5 | United Parcel Service | 69.70 Bn | 46.62 Bn | - | 12.85% |
| 6 | Fedex | 68.71 Bn | 34.65 Bn | - | 7.44% |
| 7 | Delta Air Lines | 55.32 Bn | 37.50 Bn | - | 11.82% |
| 8 | Old Dominion Freight Line | 37.44 Bn | 36.71 Bn | - | 24.14% |
| 9 | United Airlines Holdings | 36.52 Bn | -19.85 Bn | - | 9.15% |
| 10 | Ardmore Shipping | 786.12 Mn | 596.86 Mn | 86.38 Mn | 34.70% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.70% |
| Mar 31, 2026 | 29.18% |
| Dec 31, 2025 | 27.26% |
| Sep 30, 2025 | 29.30% |
| Jun 30, 2025 | 33.39% |
| Mar 31, 2025 | 39.51% |
| Dec 31, 2024 | 43.98% |
| Sep 30, 2024 | 45.96% |
| Jun 30, 2024 | 47.12% |
| Mar 31, 2024 | 45.69% |
| Dec 31, 2023 | 47.58% |
| Sep 30, 2023 | 52.43% |
| Jun 30, 2023 | 58.19% |
| Mar 31, 2023 | 58.19% |
| Dec 31, 2022 | 53.67% |
| Sep 30, 2022 | 46.99% |
| Jun 30, 2022 | 34.82% |
| Mar 31, 2022 | 26.98% |
| Dec 31, 2021 | 0.00% |
| Sep 30, 2021 | 0.00% |
API Access
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_KEYimport 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();