Ardmore Shipping Corp
NYSE:ASC

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Ardmore Shipping Corp
NYSE:ASC
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Price: 14.95 USD 3.46% Market Closed
Market Cap: $608.5m

Gross Margin

41.8%
Current
Declining
by 8.7%
vs 3-y average of 50.5%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
41.8%
=
Gross Profit
$129.7m
/
Revenue
$310.2m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
41.8%
=
Gross Profit
$129.7m
/
Revenue
$310.2m

Peer Comparison

Country Company Market Cap Gross
Margin
BM
Ardmore Shipping Corp
NYSE:ASC
608.9m USD
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CA
Enbridge Inc
TSX:ENB
161.9B CAD
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US
Williams Companies Inc
NYSE:WMB
90.5B USD
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US
Enterprise Products Partners LP
NYSE:EPD
81B USD
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US
Kinder Morgan Inc
NYSE:KMI
74.4B USD
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CA
TC Energy Corp
TSX:TRP
91.8B CAD
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US
Energy Transfer LP
NYSE:ET
65.2B USD
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US
Cheniere Energy Inc
NYSE:LNG
59.2B USD
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US
MPLX LP
NYSE:MPLX
59.4B USD
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US
ONEOK Inc
NYSE:OKE
55.7B USD
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US
Targa Resources Corp
NYSE:TRGP
51.4B USD
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Market Distribution

In line with most companies in Bermuda
Percentile
60th
Based on 115 companies
60th percentile
41.8%
Low
-58.4% — 8.5%
Typical Range
8.5% — 46.6%
High
46.6% — 104.1%
Distribution Statistics
Bermuda
Min -58.4%
30th Percentile 8.5%
Median 35.8%
70th Percentile 46.6%
Max 104.1%

Ardmore Shipping Corp
Glance View

Ardmore Shipping Corp. operates as a holding company. The firm's segment relates to the operations of its vessels. The firm's fleet consists of over 20 double-hulled product and chemical tankers, all of which are in operation. The firm's vessels include Ardmore Seavaliant, Ardmore Seaventure, Ardmore Seavantage, Ardmore Seavanguard, Ardmore Sealion, Ardmore Seafox, Ardmore Seahawk, Ardmore Endeavour, Ardmore Seafarer, Ardmore Seatrader, Ardmore Seamaster and Ardmore Sealeader. The firm has over 30 subsidiaries, the majority of which represent single ship-owning companies for its fleet. Its subsidiaries include Ardmore Shipping (Bermuda) Limited (ASBL), Ardmore Shipping Services (Ireland) Limited (ASSIL), Ardmore Shipping (Asia) Pte. Limited and Ardmore Shipping (Americas) LLC.

ASC Intrinsic Value
HIDDEN
Show
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
41.8%
=
Gross Profit
$129.7m
/
Revenue
$310.2m
What is Ardmore Shipping Corp's current Gross Margin?

The current Gross Margin for Ardmore Shipping Corp is 41.8%, which is below its 3-year median of 50.5%.

How has Gross Margin changed over time?

Over the last 3 years, Ardmore Shipping Corp’s Gross Margin has decreased from 52.1% to 41.8%. During this period, it reached a low of 41.8% on Jan 1, 2026 and a high of 56.5% on Jun 30, 2023.

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