Employees: 997
Size Ardmore Shipping (ASC) is a United States Energy company (Marine Shipping) with a market value of $712M, the 2471st largest of 3,117 United States companies the cockpit tracks. Shares closed at $17.42 on 6 Nov 2026.
Performance Over six months the shares fell 10.8%, against -8.7% for the median peer and -1.1% for the United States market (cap-weighted) — 3rd lowest of 8 in its peer set.
Growth Revenue grew 21.1% over the last twelve months (peer median +16.0%); the operating margin is 28.6% (peer median 38.3%).
Valuation It trades at 4.1× forward earnings against a peer median of 9.4× (2nd cheapest of 7).
Price implies For today's price to make sense, revenue must grow about -15% a year for seven years (Req g). Recent delivered growth is +7%, so the hurdle is -22 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 5.8 points above its cost of capital (6.3% WACC).
Short interest Short interest is 6.7% of the free float (15 Oct 2026).
Next results Next results expected around 18 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $375M | $310M | $406M | $396M | $446M |
| Revenue growth | — | -24% | +2% | -11% | — |
| Gross profit | $132M | $72.3M | $156M | $153M | $184M |
| EBITDA | $151M | $86.6M | $162M | $159M | $193M |
| Net income | $113M | $38.8M | $132M | $117M | $138M |
| Free cash flow | $108M | -$39.1M | $99.4M | $134M | $117M |
| Capital expenditure | $21.8M | $121M | $61.5M | $25.6M | $3.91M |
| Total debt | $62.7M | $129M | $44.2M | $94.0M | $185M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | ASC | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -10.5% | -19.0% | highest of 8 |
| 6-month return | -10.8% | -8.7% | 3rd lowest of 8 |
| Distance from 52-week high | -18.4% | -22.0% | highest of 8 |
| Revenue growth (TTM) | +21.1% | +16.0% | 4th highest of 8 |
| Operating margin | 28.6% | 38.3% | 3rd lowest of 8 |
| Forward P/E | 4.1× | 9.4× | 2nd cheapest of 7 |
| Growth the price implies (Req g, 7 yrs) | -14.9% | -2.2% | least demanding of 6 |
| Growth delivered (Del g) | +7.1% | +9.2% | 2nd lowest of 6 |
| Hurdle (Req g minus delivered) | -22.0 pp | -14.2 pp | least demanding of 6 |
| ROIC minus cost of capital | +5.8 pp | +2.1 pp | 3rd highest of 8 |
| EV / EBITDA | 4.8× | 7.5× | cheapest of 7 |
| Net debt / EBITDA | 0.1× | 2.4× | least indebted of 7 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Ardmore Shipping ASC | United States | $712M | -11% | +21% | 29% | 4.1× | -14.9% | +7.1% |
| Teekay TK | United States | $1.11B | -10% | +16% | 48% | n/a | n/a | n/a |
| Navigator NVGS | United States | $1.21B | -14% | +7% | 25% | 11.0× | -2.2% | +12.0% |
| Tsakos Energy Navigation TEN | United States | $1.32B | +2% | +23% | 38% | 3.5× | n/a | n/a |
| FLEX LNG FLNG | United States | $1.38B | -20% | +1% | 49% | 11.5× | -0.5% | +16.1% |
| Nordic American Tankers NAT | United States | $1.41B | +13% | +29% | 29% | 7.7× | -3.4% | -3.8% |
| SFL SFL | United States | $1.65B | -9% | -4% | 28% | 11.2× | 5.2% | +9.2% |
| Dorian LPG LPG | United States | $1.99B | +16% | +81% | 52% | 5.4× | -6.7% | +8.8% |