15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $310M | $41M | 0.0% | 0.0% | 6.5% | 5.2% | — | $127M | $47M |
| 2024 | $406M | $133M | 0.0% | 0.0% | 21.9% | 18.9% | — | $39M | $47M |
| 2023 | $396M | $117M | 0.0% | 0.0% | 21.7% | 16.9% | — | $46M | $47M |
| 2022 | $446M | $138M | 0.0% | 0.0% | 29.5% | 19.1% | — | $129M | $51M |
| 2021 | $192M | -$37M | 0.0% | 0.0% | -12.6% | -5.1% | — | $145M | $55M |
| 2020 | $220M | -$6M | 0.0% | 0.0% | -1.9% | -0.8% | — | $211M | $58M |
| 2019 | $230M | -$23M | 0.0% | 0.0% | -7.0% | -3.0% | — | $207M | $52M |
| 2018 | $210M | -$43M | 0.0% | -4.6% | -12.4% | -5.1% | — | $228M | $57M |
| 2017 | $196M | -$12M | 0.0% | 4.3% | -3.3% | -1.5% | — | $404M | — |
| 2016 | $164M | $4M | 0.0% | 14.6% | 0.9% | 0.4% | — | $453M | — |
| 2015 | $158M | $32M | 0.0% | 28.1% | 9.2% | 4.1% | — | $388M | — |
| 2014 | $67M | $2M | 0.0% | 8.6% | 0.5% | 0.3% | — | $205M | — |
| 2013 | $36M | -$4M | 0.0% | -1.0% | -1.7% | -1.1% | — | $89M | — |
| 2012 | $25M | -$5M | 0.0% | -6.1% | -4.2% | -2.5% | — | $67M | — |
| 2011 | $22M | -$3M | 0.0% | 0.5% | -4.8% | — | — | — | — |
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Mar '26 | $88M | $24M | 0.0% | 0.0% | 3.6% | 3.0% | — | $103M | $47M |
| Dec '25 | $83M | $12M | 0.0% | 0.0% | 2.0% | 1.6% | — | $127M | $47M |
| Sep '25 | $81M | $13M | 0.0% | 0.0% | 2.0% | 1.6% | — | $116M | $47M |
| Jun '25 | $72M | $10M | 0.0% | 0.0% | 1.6% | 1.4% | — | $25M | $49M |
| Mar '25 | $74M | $6M | 0.0% | 0.0% | 1.0% | 0.9% | — | $20M | $47M |
| Dec '24 | $82M | $7M | 0.0% | 0.0% | 1.1% | 1.0% | — | $39M | $47M |
| Sep '24 | $96M | $24M | 0.0% | 0.0% | 3.9% | 3.3% | — | $23M | $48M |
| Jun '24 | $121M | $63M | 0.0% | 0.0% | 10.1% | 8.4% | — | $44M | $47M |
| Mar '24 | $106M | $39M | 0.0% | 0.0% | 6.9% | 5.6% | — | $23M | $49M |
| Dec '23 | $99M | $27M | 0.0% | 0.0% | 5.0% | 3.9% | — | $46M | $47M |
| Sep '23 | $87M | $21M | 0.0% | 0.0% | 4.1% | 3.1% | — | $52M | $51M |
| Jun '23 | $92M | $25M | 0.0% | 0.0% | 4.9% | 3.5% | — | $79M | $51M |
| Mar '23 | $118M | $44M | 0.0% | 0.0% | 8.9% | 6.2% | — | $100M | $53M |
| Dec '22 | $133M | $54M | 0.0% | 0.0% | 11.5% | 7.5% | — | $129M | $51M |
| Sep '22 | $142M | $62M | 0.0% | 0.0% | 14.9% | 8.6% | — | $103M | $51M |
| Jun '22 | $107M | $30M | 0.0% | 0.0% | 8.8% | 4.0% | — | $133M | $45M |
| Mar '22 | $63M | -$7M | 0.0% | 0.0% | -2.4% | -970.1% | — | $155096 | $53M |
| Dec '21 | $52M | -$8M | 0.0% | 0.0% | -2.7% | -1.1% | — | $145M | $55M |
| Sep '21 | $47M | -$12M | 0.0% | 0.0% | -4.1% | -1.7% | — | $152M | $54M |
| Jun '21 | $47M | -$8M | 0.0% | 0.0% | -2.6% | -1.1% | — | $143M | $55M |
How the market has priced ASC against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Ardmore Shipping Corp's revenue has grown 7.1% per year. These are computed facts, not advice.
As of FY2025, Ardmore Shipping Corp reported $127M of total debt against $47M of cash.
In FY2025, gross margin was —, operating margin —, and net margin 13.2%.
As of Sep '26, Ardmore Shipping Corp traded at a price-to-earnings ratio of about 17.9× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.