Market cap
$742 Mln
Revenue (TTM)
$368 Mln
P/E Ratio
7.1
P/B Ratio
1.1
Div. Yield
7.6 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 32.19 | 61.31 | 13.60 | -8.79 | 15.43 |
| EBIT | 93.50 | 361.63 | 90.46 | -19.33 | 41.61 |
| Net Profit | 156.60 | 530.43 | 132.81 | -16.00 | 35.42 |
| EPS | 155.93 | 526.20 | 137.27 | -15.87 | 32.48 |
| Book Value | -- | -- | 2.01 | 8.34 | 10.00 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 27.89 | 21.48 | 28.41 | 15.21 | 35.61 |
| Net Margin
| -- | -- | 29.67 | -- | -- |
| Return on equity
| 16.69 | 14.37 | 16.38 | 6.46 | 21.99 |
| Return on Capital
| 14.20 | 11.47 | -- | 5.69 | 19.73 |
| Return on Assets
| 13.69 | 11.04 | 14.42 | 5.49 | 19.06 |
| Debt to Equity (x)
| -- | -- | 0.05 | 0.20 | 0.07 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ardmore Shipping - ADR
|
--
|
5.69
|
19.73
|
17.18
|
19.88
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
16.38
Lower than Peers by 0.82
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ardmore Shipping - ADR
|
16.38
|
6.46
|
21.99
|
21.61
|
33.15
|
|
Peer Median
|
17.19
|
--
|
--
|
--
|
--
|
ROA
14.42
Higher than Peers by 2.72
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ardmore Shipping - ADR
|
14.42
|
5.49
|
19.06
|
16.51
|
19.12
|
|
Peer Median
|
11.70
|
--
|
--
|
--
|
--
|
EBIT Margin
28.41
Lower than Peers by 6.77
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ardmore Shipping - ADR
|
28.41
|
15.21
|
35.61
|
32.84
|
35.07
|
|
Peer Median
|
35.18
|
--
|
--
|
--
|
--
|
Net Margin
29.67
Lower than Peers by 2.34
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ardmore Shipping - ADR
|
29.67
|
13.22
|
32.78
|
29.50
|
31.06
|
|
Peer Median
|
32.01
|
--
|
--
|
--
|
--
|
Cash Profit Margin
0.00
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ardmore Shipping - ADR
|
0.00
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
13.60
Higher than Peers by 19.14
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ardmore Shipping - ADR
|
13.60
|
-0.24
|
0.02
|
-0.11
|
1.32
|
|
Peer Median
|
-5.54
|
--
|
--
|
--
|
--
|
EBIT Growth
90.46
Higher than Peers by 114.09
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ardmore Shipping - ADR
|
90.46
|
-67.35
|
11.14
|
-16.83
|
817.62
|
|
Peer Median
|
-23.63
|
--
|
--
|
--
|
--
|
Net Profit Growth
132.81
Higher than Peers by 137.81
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ardmore Shipping - ADR
|
132.81
|
-69.16
|
13.87
|
-15.63
|
475.91
|
|
Peer Median
|
-5.00
|
--
|
--
|
--
|
--
|
EPS Growth
137.27
Higher than Peers by 139.19
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ardmore Shipping - ADR
|
137.27
|
-0.68
|
0.14
|
-0.16
|
4.11
|
|
Peer Median
|
-1.92
|
--
|
--
|
--
|
--
|
Book Value Growth
7.63
Lower than Peers by 1.63
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ardmore Shipping - ADR
|
7.63
|
--
|
--
|
--
|
--
|
|
Peer Median
|
9.26
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.05
Lower than Peers by 0.21
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ardmore Shipping - ADR
|
0.05
|
0.20
|
0.07
|
0.16
|
0.36
|
|
Peer Median
|
0.26
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.00
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ardmore Shipping - ADR
|
0.00
|
0.00
|
0.01
|
0.02
|
0.04
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
5.45
Higher than Peers by 1.81
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ardmore Shipping - ADR
|
5.45
|
4.33
|
4.24
|
3.75
|
2.98
|
|
Peer Median
|
3.64
|
--
|
--
|
--
|
--
|
Quick Ratio
4.84
Higher than Peers by 1.31
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ardmore Shipping - ADR
|
4.84
|
3.98
|
3.86
|
3.38
|
2.68
|
|
Peer Median
|
3.52
|
--
|
--
|
--
|
--
|
Interest Coverage
14.75
Higher than Peers by 6.46
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ardmore Shipping - ADR
|
14.75
|
7.72
|
21.32
|
11.40
|
10.06
|
|
Peer Median
|
8.29
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
14.94
Higher than Peers by 1.28
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ardmore Shipping - ADR
|
14.94
|
15.32
|
15.00
|
14.20
|
17.91
|
|
Peer Median
|
13.66
|
--
|
--
|
--
|
--
|
Asset Turnover
0.49
Higher than Peers by 0.15
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ardmore Shipping - ADR
|
0.49
|
0.42
|
0.58
|
0.56
|
0.62
|
|
Peer Median
|
0.34
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ardmore Shipping - ADR
|
--
|
63.82
|
52.70
|
62.76
|
41.03
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ardmore Shipping - ADR
|
--
|
18.09
|
17.47
|
22.56
|
19.57
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ardmore Shipping - ADR
|
--
|
9.96
|
5.92
|
8.64
|
12.69
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ardmore Shipping - ADR
|
--
|
71.95
|
64.26
|
76.68
|
47.91
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
7.07
Higher than Peers by 0.20
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ardmore Shipping - ADR
|
7.07
|
10.55
|
3.81
|
5.04
|
4.32
|
|
Peer Median
|
6.87
|
--
|
--
|
--
|
--
|
Price / Book Value
1.05
Lower than Peers by 0.27
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ardmore Shipping - ADR
|
1.05
|
0.68
|
0.80
|
1.03
|
1.18
|
|
Peer Median
|
1.32
|
--
|
--
|
--
|
--
|
Dividend Yield
7.60
Higher than Peers by 5.49
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ardmore Shipping - ADR
|
7.60
|
--
|
--
|
--
|
--
|
|
Peer Median
|
2.11
|
--
|
--
|
--
|
--
|
EV/EBITDA
4.72
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ardmore Shipping - ADR
|
4.72
|
6.35
|
2.83
|
4.03
|
3.92
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
742
Higher than Peers by 418
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ardmore Shipping - ADR
|
742
|
--
|
--
|
--
|
--
|
|
Peer Median
|
324
|
--
|
--
|
--
|
--
|