Ardmore Shipping/$ASC

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About Ardmore Shipping

Ardmore Shipping Corp provides seaborne transportation of petroleum products and chemicals world-wide to oil majors, national oil companies, oil and chemical traders, and chemical companies, with its modern, fuel-efficient fleet of mid-size product and chemical tankers. The Company operates its business in one operating segment, the transportation of refined petroleum products and chemicals.

Ticker

$ASC
Sector

Primary listing

NYSE

Employees

56

Headquarters

Hamilton, Bermuda

Ardmore Shipping Metrics

BasicAdvanced
$538M
12.76
$1.04
0.01
$0.38
2.11%

What the Analysts think about Ardmore Shipping

Analyst ratings (Buy, Hold, Sell) for Ardmore Shipping stock.

Bulls say / Bears say

Geopolitically fueled supply chain disruptions like the Red Sea and Black Sea crises have extended ton-miles, keeping product tanker time charter rates above historical averages and supporting Ardmore’s revenue potential (Bloomberg)
Ardmore halved its total debt to $89.7 million in 2023 from $174.3 million in 2022, significantly reducing leverage and lowering interest expenses to enhance financial flexibility (Reuters)
The company’s integrated trading strategy and investment in innovation are driving lower unit operating costs and improving fleet utilization, enhancing margin resilience amid volatile freight markets (Bloomberg)
Time charter rates have retreated from multi-year highs and could erode Ardmore’s earnings if the market cools further following recent geopolitical-driven peaks (Bloomberg)
Freight rates for Russian Urals oil shipments fell to $5.5-$5.7 million per trip in early June from $6 million in April-May, reflecting growing tanker availability that may pressure product tanker rates globally (Reuters)
A June ceasefire between Israel and Iran saw Gulf supertanker rates decline roughly 17% to about $50,000/day, underscoring the sensitivity of freight rates to transient geopolitical shifts that could undercut Ardmore’s rate assumptions (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 5 Sept 2025.

Ardmore Shipping Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Ardmore Shipping Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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