ASC
Ardmore Shipping Corp.
NYSE · Industrials · Marine Shipping · BM
$18.60
−3.28%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 374.8M | 310.2M | 405.8M | 396.0M | 445.7M |
| Cost of Revenue | 222.8M | 204.1M | 249.5M | 228.9M | 250.2M |
| Gross Profit | 152.0M | 106.1M | 156.3M | 167.1M | 195.5M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 24.4M | 25.1M | 28.0M | 25.2M | 24.1M |
| General & Admin Expense | 17.5M | 20.4M | 23.4M | 25.2M | 24.1M |
| Selling & Marketing Expense | 1.1M | 4.7M | 4.6M | — | — |
| Other Expenses | 10.9M | — | — | 10.2M | 7.8M |
| Total Operating Expenses | 35.3M | 25.1M | 28.0M | 35.4M | 31.9M |
| Cost and Expenses | 258.1M | 229.2M | 277.5M | 264.3M | 282.1M |
| Operating Income (EBIT) | 116.6M | 81.0M | 128.3M | 131.7M | 163.6M |
| Non-Operating | |||||
| Interest Income | 1.0M | 955.0K | 1.8M | 1.8M | 471.0K |
| Interest Expense | 7.3M | 6.1M | 6.8M | 11.4M | 15.5M |
| Net Interest Income | (6.2M) | (5.2M) | (5.0M) | (9.6M) | (15.1M) |
| Other Non-Op Income/Expense | (3.7M) | (39.8M) | 4.9M | (14.4M) | (25.0M) |
| Non-Operating Income (excl Interest) | 9.2M | 33.8M | (16.2M) | 1.6M | 7.3M |
| EBT (Pre-Tax Income) | 113.0M | 41.3M | 133.2M | 117.2M | 138.7M |
| Income Tax Expense | 148.0K | 241.0K | 215.0K | 435.0K | 207.0K |
| Bottom Line | |||||
| Net Income | 112.8M | 41.0M | 133.0M | 116.8M | 138.5M |
| Earnings from Cont. Ops | 112.8M | 41.0M | 133.0M | 116.8M | 138.5M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 109.8M | 36.1M | 128.6M | 113.4M | 135.1M |
| Per Share | |||||
| Basic EPS | $2.69 | $0.88 | $3.09 | $2.76 | $3.63 |
| Diluted EPS | $2.69 | $0.88 | $3.06 | $2.71 | $3.52 |
| Revenue Per Share | $9.17 | $7.60 | $9.74 | $9.63 | $11.97 |
| Shares | |||||
| Basic Shares Outstanding | 40.9M | 40.8M | 41.7M | 41.1M | 37.2M |
| Diluted Shares Outstanding | 41.0M | 40.8M | 42.0M | 41.8M | 38.4M |
| Profitability Metrics | |||||
| EBITDA | 149.9M | 81.0M | 178.4M | 161.4M | 185.6M |
| D&A | 42.5M | 33.8M | 33.9M | 31.4M | 29.3M |
| EBIT | 107.4M | 47.2M | 144.5M | 130.0M | 156.3M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026