What is the 13F Pro Quality Score for ASC?

13F Pro ranks Ardmore Shipping Corp (ASC) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View ASC's current score at https://13fpro.ai/company/ASC (free sign-up required for the full ranking).

Where does 13F Pro source ASC data?

All Ardmore Shipping Corp fundamentals and ownership data come directly from SEC EDGAR. Ardmore Shipping Corp files with the SEC under CIK 1577437. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is ASC in?

Ardmore Shipping Corp (ASC) is classified in the Industrials sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/industrials.

What drives ASC's revenue?

Per Ardmore Shipping Corp's latest 20-F filed with the SEC on 2026-03-06, the biggest revenue drivers are: Spot charter revenue ($310.2M, -24% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/ASC.

What are ASC's largest expenses?

Ardmore Shipping Corp's latest 20-F reports these as the largest expense items: Voyage expenses ($114.4M, -14% YoY); Vessel operating expenses ($66.2M, +10% YoY); Depreciation ($33.8M, +12% YoY). Sourced directly from SEC EDGAR filing text for FY2025 (year ended December 31, 2025).

How often is ASC research updated on 13F Pro?

ASC's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

Ardmore Shipping Corp(ASC)Stock Analysis

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SEC EDGAR: CIK 1577437 ASC stock profile & AI dashboard →

13F Pro Quality Score

46.9/100

Rank #1,810 of 2,961 stocks

View Industrials peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

7.0/100

Profitability

58.6/100

Balance Sheet

71.6/100

Earnings Quality

68.4/100

Free Cash Flow

80.1/100

Institutional Flow

54.9/100

Revenue Scale

30.0/100

Dilution Risk

59.9/100

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Why ASC Scores 47/100

exact factor attribution · 2026-09-11

ASC's composite is driven by free cash flow and capital efficiency, held back by revenue growth and scale. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Free cash flow

+4.5 pts

80th pct

Capital efficiency

+2.2 pts

72th pct

Earnings quality

+1.8 pts

68th pct

Profitability

+1.3 pts

59th pct

Shareholder dilution

+0.5 pts

60th pct

Institutional flow

+0.2 pts

55th pct

Earnings growth

-2.0 pts

10th pct

Scale

-3.0 pts

30th pct

Revenue growth

-8.6 pts

7th pct

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

ASC Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for Ardmore Shipping Corp (ASC), a Industrials sector company. 13F Pro's AI-powered ranking engine scores ASC at 46.9/100 on a 32-signal composite quality model, placing it at rank #1,810 of 2,961 stocks — the bottom half of the AI-ranked universe. ASC scores in the top quartile across free cash flow (80.1). Areas of concern include revenue growth (7.0) and revenue scale (30.0), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q4 2025), Ardmore Shipping Corp reports quarterly revenue of $82.9M, net income of $12.4M, an operating margin of 15.0%. Top institutional holders of ASC by reported 13-F value include BlackRock, DIMENSIONAL FUND ADVISORS, WELLINGTON MANAGEMENT GROUP LLP, based on the most recent SEC filings. ASC trades on the NYSE exchange and files with the SEC under CIK 1577437. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate ASC daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Ardmore Shipping Corp directly from SEC EDGAR. Ardmore Shipping Corp's 13F Pro composite quality score has ranged between 20 and 79 since 2021, currently 46.9 — a declining long-term trajectory across 67 quarterly and live scoring snapshots.

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Fun facts about Ardmore Shipping Corp

Quirks, history, and lore behind ASC — the kind of stuff that makes a stock memorable.

1
The Basics
A small-cap company in the marine transportation sector · listed on the NYSE · incorporated in Ireland but operationally based in the United States.
2
The Numbers
Operates a fleet of roughly 25–30 vessels with annual revenues in the range of $100–200 million — a niche player where every tanker rate swing hits the income statement hard.
3
The History
Founded in the early 2010s, it grew quickly by acquiring product and chemical tankers at a time when other shippers were retreating from the market.
4
The Secret
Its fleet is deliberately focused on medium-range (MR) product tankers — the workhorses that haul refined fuels like gasoline and jet fuel, not crude oil.
5
The Lore
The company has positioned itself as an eco-tanker operator, investing in fuel-efficient vessels to appeal to charterers worried about environmental regulations and emissions costs.
6
The Giveaway
Its name evokes a county on Ireland's south coast famed for its harbor — fitting for a tanker company whose ticker is just three letters and screams shipping from the Atlantic.

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What's Driving ASC's Business? Latest 20-F Breakdown

AI-extracted from Ardmore Shipping Corp's 20-F filed 2026-03-06 — FY2025 (year ended December 31, 2025). Every figure is machine-verified against the filing text on SEC EDGAR.

Net income fell 69% to $41.0M on 24% lower revenue of $310.2M, driven by weak spot tanker rates offsetting modest fleet growth from three vessel acquisitions.

Biggest Revenue Drivers

Spot charter revenue$310.2M-24% YoY

Decline driven by softer product tanker spot rates in 2025 versus strong rates in 2024, partially offset by increased time charter coverage with five MR tankers and one chemical tanker.

Biggest Revenue Drivers

Total revenue: $310.2M-24% YoY

Spot charter revenue$310.2M-24% YoY

Decline driven by softer product tanker spot rates in 2025 versus strong rates in 2024, partially offset by increased time charter coverage with five MR tankers and one chemical tanker.

Largest Expense Items

Voyage expenses$114.4M-14% YoY

Decreased proportionally with lower voyage activity; includes bunkers, port costs, and commissions.

Vessel operating expenses$66.2M+10% YoY

Increased due to inflationary pressures on crew and maintenance costs as fleet expanded.

Depreciation$33.8M+12% YoY

Higher due to vessel acquisitions in 2025 and depreciation on three newly acquired vessels.

Margins: Gross margin compressed significantly in 2025; after voyage and operating expenses, the company generated lower earnings despite operational expense control. Operating leverage was offset by lower TCE rates reflecting softer spot market conditions in 2025 versus exceptional 2024 market.

Watch Items from the Filing

Fleet composition shift: Five MR tankers on time charters plus one chemical tanker reduces spot market exposure but locks in fixed lower rates during peak market; 21 vessels in volatile spot market create earnings volatility.
Geopolitical exposure: Red Sea attacks, Strait of Hormuz disruptions, Russia-Ukraine conflict, and U.S. Venezuela operations impact shipping routes, rates, and voyage costs; filing states these conflicts 'significantly affected trading patterns, freight rates, and voyage expenses.'
Leverage: $127.0M outstanding debt with $46.8M cash (7 December 2025); $350M new revolving facility closed July 2025 at SOFR+1.80% maturing 2031 provides liquidity for vessel acquisitions but increases debt burden.
Fleet age management: Average fleet age 11.0 years (March 2026); 14 of 25 vessels equipped with scrubbers; high orderbook (13.4% of MR fleet) poses supply risk if rates remain depressed and demolition activity accelerates.
Regulatory headwinds: IMO Net-Zero Framework adoption delayed to 2026; EU ETS and FuelEU Maritime compliance costs rising; EEXI/CII regulations in effect; alternative fuel uncertainty constrains newbuild ordering and may depress older vessel values.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 20-F on SEC EDGAR →Share on X

Revenue

Q4 2025

$82.9M

Net Income

Q4 2025

$12.4M

Operating Margin

Q4 2025

15.0%

ROIC

Q4 2025

6.5%

D/E Ratio

Q4 2025

0.20

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

-23.6% YoY

$310.2MFY 2025

FY22 $445.7MFY23 $396.0MFY24 $405.8MFY25 $310.2M

Net Income

-69.2% YoY

$41.0MFY 2025

FY22 $138.5MFY23 $116.8MFY24 $133.0MFY25 $41.0M

EPS (Diluted)

-71.2% YoY

$0.88FY 2025

FY22 $3.52FY23 $2.71FY24 $3.06FY25 $0.88

Total Assets

+11.9% YoY

$788.7MFY 2025

FY22 $723.9MFY23 $691.0MFY24 $704.8MFY25 $788.7M

Total Debt

+227.4% YoY

$127.0MFY 2025

FY22 $141.7MFY23 $52.5MFY24 $38.8MFY25 $127.0M

Op. Cash Flow

-49.1% YoY

$81.6MFY 2025

FY22 $124.2MFY23 $159.6MFY24 $160.4MFY25 $81.6M

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$310.2M -23.6%	$405.8M +2.5%	$396.0M -11.2%	$445.7M +131.6%	$192.5M -12.5%	$220.1M
Net Income	$41.0M -69.2%	$133.0M +13.9%	$116.8M -15.6%	$138.5M +475.9%	$-36.8M -509.2%	$-6.0M
EPS (Diluted)	$0.88 -71.2%	$3.06 +12.9%	$2.71 -23.0%	$3.52 +414.3%	$-1.12 -522.2%	$-0.18
Total Assets	$788.7M +11.9%	$704.8M +2.0%	$691.0M -4.5%	$723.9M -0.1%	$724.5M -3.7%	$752.0M
Total Debt	$127.0M +227.4%	$38.8M -26.0%	$52.5M -63.0%	$141.7M -11.5%	$160.2M -31.2%	$233.0M
Operating Cash Flow	$81.6M -49.1%	$160.4M +0.5%	$159.6M +28.5%	$124.2M +4405.3%	$-2.9M -106.3%	$46.1M

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Available Research

13F Pro tracks comprehensive data for Ardmore Shipping Corp including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of ASC

BlackRock, Inc.
$53.9M3,845,646 sh
DIMENSIONAL FUND ADVISORS LP
$35.0M2,497,845 sh
WELLINGTON MANAGEMENT GROUP LLP
$27.8M1,982,894 sh
AMERICAN CENTURY COMPANIES INC
$24.3M1,735,498 sh
RENAISSANCE TECHNOLOGIES LLC
$22.1M1,580,425 sh
ACADIAN ASSET MANAGEMENT LLC
$21.0M1,502,160 sh
PRIVATE MANAGEMENT GROUP INC
$15.0M1,068,350 sh
Nuveen, LLC
$14.9M1,061,634 sh
Flat Footed LLC
$13.3M948,865 sh
RBF Capital, LLC
$12.6M901,880 sh

Fund	Value	Shares
BlackRock, Inc.	$53.9M	3,845,646
DIMENSIONAL FUND ADVISORS LP	$35.0M	2,497,845
WELLINGTON MANAGEMENT GROUP LLP	$27.8M	1,982,894
AMERICAN CENTURY COMPANIES INC	$24.3M	1,735,498
RENAISSANCE TECHNOLOGIES LLC	$22.1M	1,580,425
ACADIAN ASSET MANAGEMENT LLC	$21.0M	1,502,160
PRIVATE MANAGEMENT GROUP INC	$15.0M	1,068,350
Nuveen, LLC	$14.9M	1,061,634
Flat Footed LLC	$13.3M	948,865
RBF Capital, LLC	$12.6M	901,880

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Is ASC a good stock to buy?

13F Pro's AI-powered analysis of Ardmore Shipping Corp (ASC) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Industrials sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for ASC are available on the ASC stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. ASC is classified as a small company.

Which hedge funds own ASC?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling ASC. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Ardmore Shipping Corp's investment landscape.