Ardmore Shipping (ASC) Shares Outstanding (Diluted) (2016 - 2026)
Ardmore Shipping (ASC) reported Weighted Average Shares Outstanding (Diluted) of 40.81 million for Q3 2026, down 2.9% from 42.04 million a year earlier and unchanged from the prior quarter.
Ardmore Shipping (ASC) Shares Outstanding (Diluted) (2016 - 2026) Analysis & Trends
Dating back to Q4 2016, Ardmore Shipping's Weighted Average Shares Outstanding (Diluted) record includes 40 quarters.
- Weighted Average Shares Outstanding (Diluted) has a five-year compound annual growth rate of 4.2% (FY2020 to FY2025).
- By year, Weighted Average Shares Outstanding (Diluted) came in at 42.04 million in FY2024 (+0.5%), 41.82 million in FY2023 (+9.0%), 38.36 million in FY2022 (+13.2%) and 33.88 million in FY2021 (+1.9%).
- Five-year quarterly Weighted Average Shares Outstanding (Diluted) spans a low of 33.88 million in Q4 2021 and a high of 42.04 million in Q3 2025.
- Year over year, Weighted Average Shares Outstanding (Diluted) has now declined in each of the last four quarters, with an average decline of 1.2% over the last eight quarters.
- The high point for year-over-year Weighted Average Shares Outstanding (Diluted) in five years was Q3 2023 (growth of 13.2%); the low point was Q4 2025 (a decline of 2.9%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 40.81 million (Q2 2026), 40.81 million (Q1 2026) and 40.81 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - | 594.50 Mn |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - | 852.00 Mn |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - | 1.85 Bn |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - | 887.10 Mn |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - | 239.00 Mn |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - | 225.20 Mn |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - | 659.00 Mn |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - | 327.40 Mn |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - | 208.12 Mn |
| 10 | Ardmore Shipping | 706.67 Mn | 516.99 Mn | 69.21 Mn | 40.81 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 40.81 Mn |
| Jun 30, 2026 | 40.81 Mn |
| Mar 31, 2026 | 40.81 Mn |
| Dec 31, 2025 | 40.81 Mn |
| Sep 30, 2025 | 42.04 Mn |
| Jun 30, 2025 | 42.04 Mn |
| Mar 31, 2025 | 42.04 Mn |
| Dec 31, 2024 | 42.04 Mn |
| Sep 30, 2024 | 41.82 Mn |
| Jun 30, 2024 | 41.82 Mn |
| Mar 31, 2024 | 41.82 Mn |
| Dec 31, 2023 | 41.82 Mn |
| Sep 30, 2023 | 38.36 Mn |
| Jun 30, 2023 | 38.36 Mn |
| Mar 31, 2023 | 38.36 Mn |
| Dec 31, 2022 | 38.36 Mn |
| Sep 30, 2022 | 33.88 Mn |
| Jun 30, 2022 | 33.88 Mn |
| Mar 31, 2022 | 33.88 Mn |
| Dec 31, 2021 | 33.88 Mn |
Ardmore Shipping Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=ASC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=ASC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();