Ardmore Shipping Corporation

Ardmore Shipping Corporationverified

ASC

Price:

$11.85

Market Cap:

$495.82M

Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of February 15, 2022, the company operated a fleet of 25 double-hulled product and chemical tankers. It serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. The company was founded in 2010 and is based in Pembroke, Bermuda.[Read more]

Industry

Marine Shipping

IPO Date

2013-08-01

Stock Exchange

NYSE

Ticker

ASC

The ROE as of November 2024 (TTM) for Ardmore Shipping Corporation (ASC) is 24.51%

According to Ardmore Shipping Corporation’s latest financial reports and current stock price. The company's current ROE is 24.51%. This represents a change of 301.84% compared to the average of 6.10% of the last 4 quarters.

Ardmore Shipping Corporation (ASC) Historical ROE (quarterly & annually)

How has ASC ROE performed in the past?

The mean historical ROE of Ardmore Shipping Corporation over the last ten years is 2.26%. The current 24.51% ROE has changed 982.90% with respect to the historical average. Over the past ten years (40 quarters), ASC's ROE was at its highest in in the September 2022 quarter at 13.64%. The ROE was at its lowest in in the December 2020 quarter at -6.09%.

Quarterly (TTM)
Annual

Average

2.26%

Median

-0.69%

Minimum

-12.39%

Maximum

27.34%

Ardmore Shipping Corporation (ASC) ROE by Quarter and Year

Discovering the peaks and valleys of Ardmore Shipping Corporation ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 1.71%

Maximum Annual ROE = 27.34%

Minimum Annual Increase = -453.64%

Minimum Annual ROE = -12.39%

Quarterly (TTM)
Annual
YearROEChange
202320.33%-25.62%
202227.34%-346.31%
2021-11.10%488.05%
2020-1.89%-73.08%
2019-7.01%-43.41%
2018-12.39%277.89%
2017-3.28%-453.64%
20160.93%-89.91%
20159.19%1.71%
20140.51%-130.69%

Ardmore Shipping Corporation (ASC) Average ROE

How has ASC ROE performed in the past?

The current ROE of Ardmore Shipping Corporation (ASC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

12.19%

5-year avg

5.53%

10-year avg

2.26%

Ardmore Shipping Corporation (ASC) ROE vs. Peers

How is ASC’s ROE compared to its peers?

Ardmore Shipping Corporation’s ROE is less than International Seaways, Inc. (28.21%), less than Scorpio Tankers Inc. (26.04%), less than Dorian LPG Ltd. (22.77%), less than Euronav NV (55.26%), less than Teekay Tankers Ltd. (25.47%),

Build a custom stock screener for Ardmore Shipping Corporation (ASC) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Ardmore Shipping Corporation using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Ardmore Shipping Corporation (ASC) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Ardmore Shipping Corporation or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the ROE?

How can you use the ROE?

What is Ardmore Shipping Corporation's ROE?

How is the ROE calculated for Ardmore Shipping Corporation (ASC)?

What is the highest ROE for Ardmore Shipping Corporation (ASC)?

What is the 3-year average ROE for Ardmore Shipping Corporation (ASC)?

What is the 5-year average ROE for Ardmore Shipping Corporation (ASC)?

How does the current ROE for Ardmore Shipping Corporation (ASC) compare to its historical average?