Ardmore Shpng

ASC · NYSE · Industrials / Marine Shipping

19.52USD+0.50 (+2.63%)

Price History

Full chart

Market Stats

Previous Close19.02

Open19.20

Day Range18.92 – 19.64

52-Week Range9.56 – 19.37

Volume674.24K

Market Cap729.21M

P/E (TTM)6.95

Forward P/E3.39

EPS2.57

Dividend Yield7.68%

Beta0.02

50-Day Avg17.48

200-Day Avg15.53

About

Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. The company's fleet consists of 26 vessels, including 25 owned Eco-design vessels and one chartered-in vessels. It serves oil majors, national oil companies, oil and chemical traders, chemical companies, and pooling service providers. The company was founded in 2010 and is headquartered in Hamilton, Bermuda.

Company Details

SectorIndustrials
IndustryMarine Shipping
CEOMr. Gernot Ruppelt
Employees57
HeadquartersDorchester House, Hamilton, Bermuda, HM11, USA
Websitehttps://ardmoreshipping.com

Leadership

Mr. Gernot RuppeltCEO & Director · b. 1981
Mr. Bart B. KelleherPresident, Secretary & Director · b. 1975
Mr. John RussellChief Financial Officer · b. 1982
Mr. Robert GainaChief Operating Officer · b. 1980
Mr. Barry O'NeillDirector of Accounting
Ms. Nadia MatherGeneral Counsel
Ms. Aideen O'DriscollSenior VP & Senior Director of Corporate Services · b. 1988
Gerald TanHead of Commercial (East) & GM of Singapore Office
Susanne DeaneManager of Marine Finance & Sustainability
Satvir ChaharManaging Director

Financials

Income Statement

Currency: USD	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	22.38M	25.17M	35.87M	67.33M	157.88M	164.40M	195.94M	210.18M	230.04M	220.06M	192.48M	445.74M	395.98M	405.78M	310.20M
Growth (%)	-	+12.50%	+42.49%	+87.71%	+134.50%	+4.13%	+19.18%	+7.27%	+9.45%	-4.34%	-12.53%	+131.57%	-11.16%	+2.48%	-23.56%
Cost of Revenue	7.47M	8.68M	10.91M	21.86M	54.29M	67.21M	107.01M	133.28M	190.93M	176.64M	184.44M	250.21M	228.87M	249.46M	204.09M
Gross Profit	14.90M	16.49M	24.96M	45.47M	103.59M	97.19M	88.93M	76.90M	39.12M	43.42M	8.05M	195.53M	167.11M	156.33M	106.11M
Gross Margin	66.59%	65.50%	69.58%	67.53%	65.61%	59.12%	45.39%	36.59%	17.00%	19.73%	4.18%	43.87%	42.20%	38.52%	34.21%
Operating Expense	14.79M	18.01M	25.31M	39.66M	59.29M	73.19M	80.41M	86.52M	18.15M	24.53M	22.80M	31.92M	35.44M	28.04M	25.07M
Operating Income	115.02K	-1.53M	-350.93K	5.81M	44.30M	24.00M	8.51M	-9.62M	20.97M	18.88M	-14.76M	163.62M	131.67M	128.29M	81.03M
Operating Margin	0.51%	-6.06%	-0.98%	8.63%	28.06%	14.60%	4.34%	-4.58%	9.12%	8.58%	-7.67%	36.71%	33.25%	31.61%	26.12%
EBITDA	5.46M	4.67M	8.04M	20.66M	68.46M	54.37M	46.14M	21.14M	33.72M	42.74M	9.92M	185.62M	157.85M	178.39M	81.03M
EBITDA Margin	24.41%	18.55%	22.43%	30.69%	43.36%	33.07%	23.55%	10.06%	14.66%	19.42%	5.15%	41.64%	39.86%	43.96%	26.12%
Net Income	-2.98M	-4.54M	-3.84M	1.66M	31.95M	3.75M	-12.49M	-42.94M	-22.86M	-6.05M	-36.83M	138.45M	116.81M	133.01M	41.01M
Net Income Margin	-13.30%	-18.03%	-10.71%	2.47%	20.24%	2.28%	-6.37%	-20.43%	-9.94%	-2.75%	-19.14%	31.06%	29.50%	32.78%	13.22%
Interest Expense	2.79M	2.97M	3.46M	4.12M	12.28M	17.75M	21.38M	25.14M	26.76M	18.09M	16.36M	15.54M	11.41M	6.78M	6.11M
Interest Expense % of Total Revenue	12.47%	11.78%	9.66%	6.12%	7.78%	10.80%	10.91%	11.96%	11.63%	8.22%	8.50%	3.49%	2.88%	1.67%	1.97%

Balance Sheet

Currency: USD	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	-	160.63M	179.96M	357.97M	570.84M	778.20M	883.64M	845.54M	844.76M	772.44M	752.01M	724.53M	723.86M	690.95M	704.80M	788.72M
Total Liabilities	-	99.03M	71.57M	125.61M	243.64M	430.59M	479.37M	464.57M	498.18M	446.38M	431.67M	395.54M	217.42M	116.51M	69.38M	154.39M
Total Equity	-	61.60M	108.39M	232.36M	327.20M	347.61M	404.27M	380.97M	346.58M	326.06M	320.33M	329.00M	506.44M	574.44M	635.42M	634.34M
Cash	-	5.46M	15.33M	56.86M	59.88M	40.11M	55.95M	39.46M	56.90M	51.72M	58.37M	55.45M	50.57M	46.80M	46.99M	46.84M
Total Debt	-	95.86M	67.10M	119.24M	231.93M	415.51M	462.34M	446.92M	471.80M	424.43M	409.71M	372.55M	184.62M	93.99M	44.24M	128.87M
Net Debt	-	90.40M	51.77M	62.38M	172.05M	374.90M	406.39M	407.46M	414.90M	372.71M	351.35M	317.10M	134.05M	47.18M	-2.75M	82.03M

Cash Flow

Currency: USD	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	397.27K	3.99M	8.12M	12.42M	37.66M	42.63M	18.42M	9.43M	20.47M	46.09M	-2.89M	124.21M	159.61M	160.44M	81.65M
Investing Cash Flow	-56.92M	-14.94M	-144.64M	-209.74M	-232.85M	-122.31M	-2.28M	-17.56M	23.89M	-20.99M	1.63M	35.41M	-26.84M	-32.97M	-121.00M
Financing Cash Flow	56.78M	20.83M	178.04M	200.34M	175.42M	95.52M	-32.63M	25.58M	-49.55M	-18.46M	-1.66M	-164.50M	-136.54M	-127.29M	39.21M
Capital Expenditure	56.80M	14.89M	144.57M	209.69M	232.50M	174.54M	2.02M	17.41M	2.60M	20.90M	2.63M	3.81M	25.38M	61.02M	120.72M
Free Cash Flow	-56.40M	-10.91M	-136.45M	-197.27M	-194.84M	-131.91M	16.40M	-7.98M	17.87M	25.19M	-5.52M	120.40M	134.22M	99.42M	-39.07M
Dividends Paid	-	-	1.19M	9.63M	12.98M	9.33M	1.66M	1.66M	1.66M	1.66M	791.78K	3.29M	50.55M	48.88M	15.34M
FCF to OCF	-14197.42%	-273.64%	-1680.37%	-1588.14%	-517.36%	-309.39%	89.03%	-84.64%	87.30%	54.65%	191.26%	96.93%	84.10%	61.97%	-47.85%
Dividend Paid to FCF	-	-	-0.87%	-4.88%	-6.66%	-7.07%	10.12%	-20.80%	9.28%	6.59%	-14.35%	2.73%	37.66%	49.17%	-39.27%

Earnings

Report Date	Aug 26, 2013	Nov 11, 2013	Feb 13, 2014	May 13, 2014	Jul 29, 2014	Nov 4, 2014	Feb 3, 2015	May 5, 2015	Aug 4, 2015	Oct 27, 2015	Feb 3, 2016	May 4, 2016	Aug 2, 2016	Nov 2, 2016	Feb 7, 2017	May 3, 2017	Aug 2, 2017	Nov 1, 2017	Feb 7, 2018	May 2, 2018	Jul 31, 2018	Nov 7, 2018	Feb 6, 2019	May 1, 2019	Jul 31, 2019	Nov 5, 2019	Feb 11, 2020	May 5, 2020	Jul 28, 2020	Nov 4, 2020	Feb 10, 2021	May 5, 2021	Jul 27, 2021	Nov 10, 2021	Feb 15, 2022	May 4, 2022	Jul 27, 2022	Nov 2, 2022	Feb 14, 2023	May 9, 2023	Aug 1, 2023	Nov 7, 2023	Feb 15, 2024	May 8, 2024	Jul 31, 2024	Nov 6, 2024	Feb 13, 2025	May 7, 2025	Jul 30, 2025	Nov 5, 2025	Feb 12, 2026	May 7, 2026	Jul 29, 2026	Nov 4, 2026
EPS Estimate	-	-0.08	-0.05	-0.04	-0.01	-0.02	0.05	0.13	0.26	0.43	0.27	0.27	0.14	-0.03	-0.11	-0.10	-0.09	-0.15	-0.15	-0.16	-0.25	-0.35	-0.24	-0.12	-0.17	-0.20	0.10	0.17	0.40	-0.19	-0.39	-0.29	-0.26	-0.36	-0.25	-0.10	0.72	1.43	1.29	1.00	0.56	0.44	0.61	0.86	1.06	0.55	0.21	0.13	0.18	0.27	0.27	0.54	1.11	0.62
EPS Actual	-0.07	-0.03	-0.07	-0.02	0.02	0.02	0.08	0.21	0.32	0.54	0.22	0.26	0.18	-0.05	-0.11	-0.06	-0.06	-0.14	-0.12	-0.16	-0.25	-0.37	-0.26	-0.08	-0.10	-0.17	0.08	0.20	0.41	-0.20	-0.39	-0.26	-0.23	-0.37	-0.25	-0.03	0.81	1.54	1.28	1.04	0.57	0.49	0.63	0.92	1.13	0.55	0.25	0.14	0.22	0.31	0.28	0.58	1.18	-
Surprise	-	62.50%	-40.00%	50.00%	300.00%	200.00%	60.00%	61.54%	23.08%	25.58%	-18.52%	-3.70%	28.57%	-66.67%	0.00%	40.00%	33.33%	6.67%	20.00%	0.00%	0.00%	-5.71%	-8.33%	33.33%	41.18%	15.00%	-20.00%	17.65%	2.50%	-5.26%	0.00%	10.34%	11.54%	-2.78%	0.00%	70.00%	12.50%	7.69%	-0.78%	4.00%	1.79%	11.36%	3.28%	6.98%	6.60%	0.00%	19.05%	7.69%	22.22%	14.81%	3.70%	7.41%	6.31%	-
Timing	-	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market

Key Statistics & Ratios

Market Cap729.21M

Enterprise Value706.24M

Trailing P/E6.95

Forward P/E3.39

PEG Ratio-6.04

Price / Sales1.98

Price / Book1.03

EPS2.57

Book Value17.14

Revenue (TTM)368.28M

Gross Profit (TTM)166.70M

EBITDA141.72M

Profit Margin29.67%

Operating Margin42.84%

Return on Equity16.23%

Return on Assets8.97%

Shares Outstanding40.85M

Shares Float34.52M

Beta0.02

Dividend Yield7.68%

Dividend Rate1.37

Payout Ratio58.30%

Analyst Ratings

Strong Buy

Based on 3 analystsTarget 20.50

Strong Buy
3

Ownership Breakdown

Institutions: 85.76%
Insiders: 9.59%
Retail / Other: 4.65%

Top Institutional Holders

BlackRock Inc
3.18M7.78%
Dimensional Fund Advisors, Inc.
2.50M6.11%
Wellington Management Company LLP
1.98M4.85%
Renaissance Technologies Corp
1.74M4.25%
American Century Companies Inc
1.74M4.25%
Nuveen, LLC
1.49M3.65%
Acadian Asset Management LLC
1.38M3.37%
Private Management Group Inc
1.21M2.97%
Flat Footed LLC
1.00M2.46%
Qube Research & Technologies
908.78K2.22%
RBF LLC
901.88K2.21%
Aristotle Capital Boston, LLC
887.48K2.17%
Morgan Stanley - Brokerage Accounts
752.98K1.84%
TICINO WEALTH
714.74K1.75%
Citadel Advisors Llc
635.91K1.56%
State Street Corp
624.02K1.53%
Hartree Partners, LP
515.00K1.26%

Top Fund Holders

Avantis US Small Cap Value ETF
1.54M3.76%
iShares Russell 2000 ETF
910.18K2.23%
DFA US Small Cap Value I
548.92K1.34%

Dividends

20263×

0.79Aug 28, 20260.39May 29, 20260.09Feb 27, 2026

20254×

0.10Nov 28, 20250.07Aug 29, 20250.05May 30, 20250.08Feb 28, 2025

20244×

0.18Nov 29, 20240.38Aug 30, 20240.31May 31, 20240.21Feb 28, 2024

20234×

0.16Nov 29, 20230.19Aug 30, 20230.35May 30, 20230.45Feb 27, 2023

20201×

0.05Feb 20, 2020

20163×

0.11Aug 12, 20160.16May 12, 20160.13Feb 11, 2016

20154×

0.31Nov 4, 20150.10Jul 29, 20150.10Apr 28, 20150.10Jan 28, 2015

20141×

0.10Oct 29, 2014