Sign in

ASC on NYSE

Ardmore Shipping Corp

Deep Sea Foreign Transportation of Freight company, listed on NYSE (ASC)1

In its 2026 annual report (Form 20-F) the company says: “Ardmore Shipping provides seaborne transportation of petroleum products and chemicals worldwide to oil majors, national oil companies, oil and chemical traders, and chemical companies, with our modern, fuel-efficient fleet of mid-size product and chemical tankers. We have 77 wholly owned subsidiaries, a significant number of which represent single ship-owning companies for our fleet, one 50%-owned joint venture entity, Anglo Ardmore Ship Management Limited Pte.”4

Price unavailable

Last updated Oct 21, 2026.

Overview

$310.2MRevenue, fiscal 20252
$41.0MNet income, fiscal 20252

Compare with Capital Clean Energy Carriers Corp., GENCO SHIPPING & TRADING LTD or Navios Maritime Holdings Inc., or pick any stock.

  • TickerASC on NYSE1
  • IndustryDeep Sea Foreign Transportation of Freight1
  • Headquarters1T1
  • Incorporated inMarshall Islands3
  • Business addressDorchester House, 7 Church Street, Hamilton, Hm113
  • Filer categoryAccelerated filer3

See how the biggest companies compare on our leaderboards

Ardmore Shipping provides seaborne transportation of petroleum products and chemicals worldwide to oil majors, national oil companies, oil and chemical traders, and chemical companies, with our modern, fuel-efficient fleet of mid-size product and chemical tankers. As of March 6, 2026, our fleet consists of 25 owned vessels and one chartered-in vessel, all of which are in operation.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

13.2%Net margin2
-23.6%Revenue growth, 20252
6.5%Return on equity2
0.20×Debt to equity2

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Other costs85¢$262.8M
  • Interest2¢$6.1M
  • Income tax0¢$241.0K
  • Profit13¢$41.0M

Out of $310.2M in revenue.2

Where each dollar of operating cash went, fiscal 2025

  • Dividends paid15¢$12.2M
  • Kept or used elsewhere85¢$69.5M

Out of $81.6M of cash from operations.2

Financial statements

Revenue567892$310.2M in 2025+48% since 2018
0$200.0M$400.0M$600.0M2018: $210.2M$210.2M20182019: $230.0M$230.0M2019+9%2020: $220.1M$220.1M2020−4%2021: $192.5M$192.5M2021−13%2022: $445.7M$445.7M2022+132%2023: $396.0M$396.0M2023−11%2024: $405.8M$405.8M2024+2%2025: $310.2M$310.2M2025−24%
Net income567892$41.0M in 2025
-$50.0M0$50.0M$100.0M$150.0M2018: -$42.9M-$42.9M20182019: -$22.9M-$22.9M2019−47%2020: -$6.0M-$6.0M2020−74%2021: -$36.8M-$36.8M2021+509%2022: $138.5M$138.5M20222023: $116.8M$116.8M2023−16%2024: $133.0M$133.0M2024+14%2025: $41.0M$41.0M2025−69%
Fiscal year20182019202020212022202320242025
Revenue$210.2M5$230.0M6$220.1M7$192.5M8$445.7M9$396.0M2$405.8M2$310.2M2
Operating income-$9.6M10
Interest$27.4M5$26.8M6$18.2M7$16.2M8$15.5M9$11.4M2$6.8M2$6.1M2
Income before tax-$36.4M8$138.9M9$118.3M2$137.7M2$41.6M2
Income tax$162.9K5$58.8K6$199.0K7$150.0K8$207.0K9$435.0K2$215.0K2$241.0K2
Net income-$42.9M5-$22.9M6-$6.0M7-$36.8M8$138.5M9$116.8M2$133.0M2$41.0M2
Earnings per share-$0.696-$0.187-$1.128$3.639$2.762$3.092$0.892
Earnings per share (diluted)-$0.696-$0.187-$1.128$3.529$2.712$3.062$0.882
Shares (weighted, basic)33.9M shares837.2M shares941.1M shares241.7M shares240.6M shares2
Shares (weighted, diluted)33.9M shares838.4M shares941.8M shares242.0M shares240.8M shares2

Compare Ardmore Shipping Corp with another company

Corporate structure

Ardmore Shipping Corp sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Ardmore Shipping Corp

  • Annalisa Lolli-Ghetti Filed SCHEDULE 13G/A on Ardmore Shipping Corp, latest Aug 7, 2026 (2 filings since Jul 31, 2023)
  • BlackRock Filed SCHEDULE 13G on Ardmore Shipping Corp, latest Jul 27, 2026 (4 filings since Feb 3, 2023)
  • TEEKAY TANKERS LTD. Filed SCHEDULE 13G/A on Ardmore Shipping Corp, latest Oct 31, 2025 (2 filings since Feb 19, 2025)
  • Aristotle Capital Boston, LLC Filed SC 13G/A on Ardmore Shipping Corp, latest Feb 14, 2024 (3 filings since Feb 14, 2022)
  • DIMENSIONAL FUND ADVISORS LP Filed SC 13G/A on Ardmore Shipping Corp, latest Feb 9, 2024 (3 filings since Feb 8, 2022)
  • PRIVATE MANAGEMENT GROUP INC Filed SC 13G/A on Ardmore Shipping Corp, latest Feb 7, 2023 (2 filings since Feb 11, 2022)
  • EPS Ventures Ltd Filed SC 13G/A on Ardmore Shipping Corp, latest Jan 30, 2023 (3 filings since Apr 7, 2022)
  • ROYCE & ASSOCIATES LP Filed SC 13G/A on Ardmore Shipping Corp, latest Jan 27, 2023 (2 filings since Jan 25, 2022)
  • Alder Tree Investments II BV Filed SC 13G on Ardmore Shipping Corp, latest Dec 23, 2022
  • Russell Investments Group, Ltd. Filed SC 13G/A on Ardmore Shipping Corp, latest Feb 11, 2022
  • Ardmore Shipping Corp 1T

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Ardmore Shipping Corp reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Accumulated depreciation$298.1M2 Dec 31, 2025$264.4M2 Dec 31, 2024+12.7%
Property and equipment, net$638.1M2 Dec 31, 2025$545.6M2 Dec 31, 2024+17.0%
Operating-lease assets (leased space)$1.8M2 Dec 31, 2025$5.6M2 Dec 31, 2024−68.1%

Inventory

ItemLatestA year beforeChange
Inventory, total$8.9M2 Dec 31, 2025$11.3M2 Dec 31, 2024−21.2%

Leadership

Who has led Ardmore Shipping Corp, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Gernot Ruppelt2026–now

President

  1. Bart B. Kelleher2026–now

Chief operating officer

  1. Robert Cristian Gaina2026–now
Board members and other officers (7)

Timeline

  1. Mar 18, 2026New chief executive Gernot Ruppelt becomes CEO13

Calendar

Coming up

  1. Nov 4, 2026Reports results for the quarter ending Sep/202622

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

187 filings to the SEC since October 2021: 5 annual reports, 22 insider forms, 23 large holders, 137 other. The latest 20:

  1. Aug 7, 2026SCHEDULE 13G/A EDGAR
  2. Jul 29, 20266-K EDGAR
  3. Jul 29, 20266-K EDGAR
  4. Jul 27, 2026SCHEDULE 13G EDGAR
  5. Jul 14, 20264 EDGAR
  6. Jul 9, 20264 EDGAR
  7. Jul 7, 20264 EDGAR
  8. Jul 7, 20264 EDGAR
  9. Jul 7, 20264 EDGAR
  10. Jun 16, 20266-K EDGAR
  11. May 19, 20264 EDGAR
  12. May 19, 20264 EDGAR
  13. May 15, 2026144 EDGAR
  14. May 14, 20264 EDGAR
  15. May 14, 20264 EDGAR
  16. May 13, 20264 EDGAR
  17. May 13, 20264 EDGAR
  18. May 12, 2026144 EDGAR
  19. May 12, 2026144 EDGAR
  20. May 12, 2026144 EDGAR

The 187 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

9 open-market trades by officers, directors and large owners since October 2021: 0 buys and 9 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
May 18, 2026McWilliams Curtis BDirectorSale16,277$19.38$315.4KForm 4
May 15, 2026de Jong Helen JohannaDirectorSale1,534$18.93$29.0KForm 4
May 15, 2026McWilliams Curtis BDirectorSale848$19.01$16.1KForm 4
May 13, 2026McWilliams Curtis BDirectorSale303$19.02$5.8KForm 4
May 12, 2026de Jong Helen JohannaDirectorSale1,966$19.02$37.4KForm 4
May 12, 2026McWilliams Curtis BDirectorSale2,572$19.05$49.0KForm 4
May 12, 2026Tikka KirsiDirectorSale12,000$18.93$227.2KForm 4
May 12, 2026O'Driscoll Aideen SiobhanSVP & Sr. Dir. of Corp. SvcsSale15,848$18.96$300.5KForm 4
May 5, 2026Kelleher Bart BPresidentSale8,000$19.07$152.6KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Members of Congress who traded it

11 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Dec 6, 2024Virginia FoxxRepublican, HousePartial sale$15,001 - $50,000−40.1%Report
Jul 11, 2024Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−43.8%Report
Jul 9, 2024Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−44.2%Report
Jul 8, 2024Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−46.2%Report
Apr 9, 2024Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−28.3%Report
Mar 6, 2024Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−32.0%Report
Mar 4, 2024Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−29.1%Report
Feb 27, 2024Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−35.0%Report
Feb 23, 2024Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−32.9%Report
Feb 15, 2024Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−37.2%Report
Feb 5, 2024Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−40.5%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Ardmore Shipping Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARArdmore Shipping Corp1
  • CIK0001577437
  • Filer statusAccelerated filer not an emerging growth company; not a shell company4
  • Incorporated inRepublic of the Marshall Islands4
  • Fiscal year endsDecember 311
  • Industry code (SIC)4412 Deep Sea Foreign Transportation of Freight1
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
  • Business addressDorchester House, 7 Church Street, Hamilton, HM11, Bermuda1
  • Phone44129293321
  • Shares outstanding40,731,441 shares as of Dec 31, 20254
  • AuditorDeloitte & Touche LLP, New York, New York PCAOB ID 34; it also attests to the company’s internal control over financial reporting4
  • On EDGAR sinceMay 24, 20131
  • Filings488 in all: 6-K (235), 144 (54), SC 13G/A (43), SC 13G (31), CORRESP (17), 20-F (13), UPLOAD (13), 4 (12)1
    All 31 form types

    424B5 (11), 3 (10), EFFECT (10), F-3 (8), 424B4 (4), 20-F/A (3), F-1/A (3), SCHEDULE 13G/A (3), F-1 (2), S-8 (2), SCHEDULE 13G (2), 425 (1), 6-K/A (1), 8-A12B (1), CERTNYS (1), D (1), DRS (1), F-1MEF (1), F-3/A (1), F-3D (1), F-3DPOS (1), SC 13D (1), SC 13D/A (1)

  • Latest filingsAnnual report (20-F) Mar 6, 2026

Securities registered for trading

ClassSymbolExchange
Common stockASCNew York Stock Exchange

From the cover page of the 20-F filed Mar 6, 2026 (Section 12(b) of the Exchange Act).4

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32