Ardmore Shipping Corp
ASC · Deep Sea Foreign Transportation of Freight · EDGAR filings ↗
Reference price $19.38 — last insider sale, 2026-05-18 (estimated from the dated SEC Form 4 price — not a live quote)
Grade
C64Modern product/chemical tanker operator with a clean balance sheet, in a cyclical down-year, leaving it solidly mid-pack.
Strengths
- Low leverage (D/E 17th pct) and strong liquidity (current ratio 80th pct)
- Positive ROA (62nd pct) and disciplined fleet renewal with rising fixed coverage
Risks
- Revenue down 24% (10th pct) and net income down 69% on softening charter rates
- Highly cyclical/volatile tanker market; geopolitical and rate exposure
Notable findings
- Insider sellingInsider selling — 9 open-market sale(s) by 5 insider(s) (cluster of 5 insiders, ~$1M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Net margin
13.2%
Return on equity
6.5%
Return on assets
5.2%
Revenue growth (QoQ)
6.0%
Net-income growth
-69.2%
Debt / equity
0.2×
Current ratio
4.3×
Tangible book value
$634M
Stock comp / revenue
0.9%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-18 | McWilliams Curtis B | Sell | 16K | $19.38 |
| 2026-05-15 | de Jong Helen Johanna | Sell | 1.5K | $18.93 |
| 2026-05-15 | McWilliams Curtis B | Sell | 848 | $19.01 |
| 2026-05-13 | McWilliams Curtis B | Sell | 303 | $19.02 |
| 2026-05-12 | McWilliams Curtis B | Sell | 2.6K | $19.05 |
| 2026-05-12 | de Jong Helen Johanna | Sell | 2.0K | $19.02 |
| 2026-05-12 | Tikka Kirsi | Sell | 12K | $18.93 |
| 2026-05-12 | O'Driscoll Aideen Siobhan | Sell | 16K | $18.96 |
| 2026-05-05 | Kelleher Bart B | Sell | 8.0K | $19.07 |
All non-derivative Form 4 activity (SEC), newest first.
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2026-03-06 | 2025-12-31 | 0001104659-26-024690 ↗ |
| 20-F | 2025-03-07 | 2024-12-31 | 0001558370-25-002500 ↗ |
| 20-F | 2024-03-15 | 2023-12-31 | 0001558370-24-003409 ↗ |
| 20-F | 2023-03-24 | 2022-12-31 | 0001558370-23-004566 ↗ |
| 20-F | 2022-03-11 | 2021-12-31 | 0001558370-22-003434 ↗ |
| 20-F | 2021-03-05 | 2020-12-31 | 0001558370-21-002470 ↗ |
| 20-F | 2020-04-03 | 2019-12-31 | 0001104659-20-043130 ↗ |
| 20-F | 2019-02-15 | 2018-12-31 | 0001144204-19-008690 ↗ |
| 20-F | 2018-03-29 | 2017-12-31 | 0001144204-18-017953 ↗ |
| 20-F | 2017-03-13 | 2016-12-31 | 0001144204-17-014251 ↗ |
| 20-F | 2016-04-06 | 2015-12-31 | 0001144204-16-092895 ↗ |
| 20-F | 2015-03-27 | 2014-12-31 | 0001193125-15-109384 ↗ |