ASC
Price:
$12.12
Market Cap:
$507.12M
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
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.
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%.
Average
2.26%
Median
-0.69%
Minimum
-12.39%
Maximum
27.34%
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%
Year | ROE | Change |
---|---|---|
2023 | 20.33% | -25.62% |
2022 | 27.34% | -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% |
2016 | 0.93% | -89.91% |
2015 | 9.19% | 1.71% |
2014 | 0.51% | -130.69% |
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’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%),
Company | ROE | Market cap |
---|---|---|
28.21% | $1.82B | |
26.04% | $2.65B | |
22.77% | $1.04B | |
55.26% | $3.25B | |
25.47% | $1.36B |
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