Ardmore Shipping Corporation (ASC) AI Stock Analysis

Founded in 2010 and headquartered in Pembroke, Bermuda, Ardmore Shipping Corporation specializes in global maritime logistics, primarily focused on the transportation of petroleum products and chemicals across international waters. The company operated a fleet comprising 25 double-hulled tankers as of February 15, 2022, designed to handle specialized liquids while adhering to safety and environmental standards. Ardmore caters to an international customer base that includes oil majors, oil companies, chemical traders, and pooling service providers. Its operations ensure the delivery of critical liquid cargoes vital for energy and chemical sectors worldwide.

Ardmore's revenue grew at a 5-year CAGR of 7.1% from FY2020 to FY2025. Annual revenue expanded from $192.5M in FY2021 to $445.7M in FY2022, before reaching $405.8M in FY2024 and declining 23.6% to $310.2M in FY2025. Net income was -$36.8M in FY2021, rising to $138.5M in FY2022, $116.8M in FY2023, and $133.0M in FY2024, but falling to $41.0M in FY2025 with a net margin of 13.2%. For the trailing twelve months, revenue reached $368.3M and EPS stood at $2.57. In the latest quarter ended June 30, 2026, quarterly revenue grew 61.3% year-over-year while quarterly earnings surged 572.7%.

As of June 30, 2026, Ardmore Shipping held $48.1M in cash and short-term investments against $35.0M in total debt, resulting in a net cash position of $13.2M. The company maintains a current ratio of 5.45 and a debt-to-equity ratio of 0.05, supported by $700.0M in shareholders' equity and $757.6M in total assets. During FY2025, operating cash flow stood at $81.6M, while capital expenditures of $120.7M led to free cash flow of -$39.1M. Cash deployment in FY2025 included $30.0M for share buybacks and $15.3M in dividends paid.

Ardmore trades at a trailing P/E of 7.4x and a forward P/E of 3.4x, both well below the median of its US-listed Industrials peers of 24.8x and 17.2x, respectively. Its enterprise value to EBITDA ratio is 4.6x compared to the peer median of 13.9x, while its price-to-sales ratio of 2.1x sits above the peer median of 1.5x. The company's price-to-book ratio is 1.0x. Over the past year, the stock returned 83.5%, outperforming the S&P 500 return of 16.8%. Over five years, the stock gained 524.9% versus 83.0% for the S&P 500.

Ardmore pays a quarterly dividend with an annualized forward rate of $1.37, yielding 7.24% with a payout ratio of 58.3%. The company has paid dividends for 4 consecutive years, delivering a 5-year annualized dividend growth rate of 43.1%. The last ex-dividend date was August 28, 2026.

Wall Street coverage includes 2 Strong Buy ratings and zero Buy, Hold, or Sell ratings. The mean price target is $22.50, representing an 18.9% premium over the last close of $18.93. For the fiscal year ending December 31, 2026, analysts estimate EPS of $3.63, a 282.1% increase, and revenue of $296.1M. For the next fiscal year, 2 analysts project EPS to decline 21.8% to $2.84 on revenue of $255.7M. Ardmore has beat EPS estimates in each of the last 4 quarters, with next earnings scheduled for November 4, 2026.

This page is an AI-written research summary of Ardmore Shipping Corporation (ASC). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: ASC income statement, ASC balance sheet, ASC key metrics, ASC analyst forecast, ASC chart. See the ASC stock overview for the latest quote and news.