Ardmore Shipping Corp revenue

Ardmore Shipping Corp's revenue was $310m in fiscal 2025, down 23.6% on the year before. Since fiscal 2011 ($22.4m) it has grown at a compound 20.7% a year.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Ardmore Shipping Corp: revenue history, annual
Fiscal year	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	22	25	36	67	158	164	196	210	230	220	192	446	396	406	310
Growth on the year before	—	+12.5%	+42.5%	+87.7%	+134.5%	+4.1%	+19.2%	+7.3%	+9.5%	−4.3%	−12.5%	+131.6%	−11.2%	+2.5%	−23.6%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Revenue against peers

Marine Transportation: the closest covered companies by revenue. Last twelve months.

Company	Revenue	Growth	3-year growth a year
Ardmore Shipping Corp	$310m	-23.6%	105.3%
Nordic American Tankers Ltd	$292m	-16.6%	—
Flex LNG Ltd.	$348m	-2.4%	—
Knot Offshore Partners LP	$364m	14.4%	70.6%
Golar LNG LTD	$394m	51.1%	58.0%
Euroseas LTD.	$228m	7.0%	102.3%

Compare with peers

Head to head: ASC vs NAT ASC vs FLNG ASC vs KNOP

More: Marine Transportation stocks compared, Industrials sector, rankings of US companies

Figures from Ardmore Shipping Corp's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Ardmore Shipping Corp.