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Ardmore Shipping Valuation Multiples
Discover revenue and EBITDA valuation multiples for Ardmore Shipping and similar public comparables like Safe Bulkers, FTAI Infrastructure, Himalaya Shipping, Log-In and more.
Ardmore Shipping Overview
About Ardmore Shipping
Ardmore Shipping Corp provides seaborne transportation of petroleum products and chemicals world-wide to oil majors, national oil companies, oil and chemical traders, and chemical companies, with its modern, fuel-efficient fleet of mid-size product and chemical tankers. The Company operates its business in one operating segment, the transportation of refined petroleum products and chemicals.
Founded
2013
HQ
Employees
936
Website
Sectors
Financials (LTM)
EV
$763M
Ardmore Shipping Financials
Ardmore Shipping reported last 12-month revenue of $286M and EBITDA of $91M.
In the same LTM period, Ardmore Shipping generated $91M in EBITDA and $39M in net income.
Revenue (LTM)
Ardmore Shipping P&L
In the most recent fiscal year, Ardmore Shipping reported revenue of $310M and EBITDA of $88M.
Ardmore Shipping expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $286M | XXX | $310M | XXX | XXX | XXX |
| Gross Profit | — | XXX | $87M | XXX | XXX | XXX |
| Gross Margin | — | XXX | 28% | XXX | XXX | XXX |
| EBITDA | $91M | XXX | $88M | XXX | XXX | XXX |
| EBITDA Margin | 32% | XXX | 28% | XXX | XXX | XXX |
| EBIT Margin | 18% | XXX | 17% | XXX | XXX | XXX |
| Net Profit | $39M | XXX | $41M | XXX | XXX | XXX |
| Net Margin | 14% | XXX | 13% | XXX | XXX | XXX |
| Net Debt | — | — | $80M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Ardmore Shipping Stock Performance
Ardmore Shipping has current market cap of $681M, and enterprise value of $763M.
Market Cap Evolution
Ardmore Shipping's stock price is $16.71.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $763M | $681M | 0.0% | XXX | XXX | XXX | $1.01 |
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Start Free TrialArdmore Shipping Valuation Multiples
Ardmore Shipping trades at 2.7x EV/Revenue multiple, and 8.4x EV/EBITDA.
EV / Revenue (LTM)
Ardmore Shipping Financial Valuation Multiples
As of April 2, 2026, Ardmore Shipping has market cap of $681M and EV of $763M.
Equity research analysts estimate Ardmore Shipping's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Ardmore Shipping has a P/E ratio of 17.7x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $681M | XXX | $681M | XXX | XXX | XXX |
| EV (current) | $763M | XXX | $763M | XXX | XXX | XXX |
| EV/Revenue | 2.7x | XXX | 2.5x | XXX | XXX | XXX |
| EV/EBITDA | 8.4x | XXX | 8.6x | XXX | XXX | XXX |
| EV/EBIT | 14.6x | XXX | 14.5x | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 8.7x | XXX | XXX | XXX |
| P/E | 17.7x | XXX | 16.6x | XXX | XXX | XXX |
| EV/FCF | (475.8x) | XXX | (19.6x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Ardmore Shipping Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
Ardmore Shipping Margins & Growth Rates
Ardmore Shipping's revenue in the last 12 month declined by (27%).
Ardmore Shipping's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.0M for the same period.
Ardmore Shipping's rule of 40 is 15% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Ardmore Shipping's rule of X is (33%) (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Ardmore Shipping Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | (27%) | XXX | (32%) | XXX | XXX | XXX |
| EBITDA Margin | 32% | XXX | 28% | XXX | XXX | XXX |
| EBITDA Growth | 6% | XXX | 12% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 15% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | (33%) | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.0M | XXX | XXX | XXX |
| G&A Expenses to Revenue | 9% | XXX | 8% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 11% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Ardmore Shipping Public Comps
See public comps and valuation multiples for other Marine Transportation comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Safe Bulkers | XXX | XXX | XXX | XXX | XXX | XXX |
| FTAI Infrastructure | XXX | XXX | XXX | XXX | XXX | XXX |
| Himalaya Shipping | XXX | XXX | XXX | XXX | XXX | XXX |
| Log-In | XXX | XXX | XXX | XXX | XXX | XXX |
| Gotlandsbolaget | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Ardmore Shipping M&A Activity
Ardmore Shipping acquired XXX companies to date.
Last acquisition by Ardmore Shipping was on XXXXXXXX, XXXXX. Ardmore Shipping acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Ardmore Shipping
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialArdmore Shipping Investment Activity
Ardmore Shipping invested in XXX companies to date.
Ardmore Shipping made its latest investment on XXXXXXXX, XXXXX. Ardmore Shipping invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Ardmore Shipping
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Ardmore Shipping
| When was Ardmore Shipping founded? | Ardmore Shipping was founded in 2013. |
| Where is Ardmore Shipping headquartered? | Ardmore Shipping is headquartered in United States. |
| How many employees does Ardmore Shipping have? | As of today, Ardmore Shipping has over 936 employees. |
| Who is the CEO of Ardmore Shipping? | Ardmore Shipping's CEO is Gernot Ruppelt. |
| Is Ardmore Shipping publicly listed? | Yes, Ardmore Shipping is a public company listed on NYSE. |
| What is the stock symbol of Ardmore Shipping? | Ardmore Shipping trades under ASC ticker. |
| When did Ardmore Shipping go public? | Ardmore Shipping went public in 2013. |
| Who are competitors of Ardmore Shipping? | Ardmore Shipping main competitors are Safe Bulkers, FTAI Infrastructure, Himalaya Shipping, Log-In. |
| What is the current market cap of Ardmore Shipping? | Ardmore Shipping's current market cap is $681M. |
| What is the current revenue of Ardmore Shipping? | Ardmore Shipping's last 12 months revenue is $286M. |
| What is the current revenue growth of Ardmore Shipping? | Ardmore Shipping revenue growth (NTM/LTM) is (27%). |
| What is the current EV/Revenue multiple of Ardmore Shipping? | Current revenue multiple of Ardmore Shipping is 2.7x. |
| Is Ardmore Shipping profitable? | Yes, Ardmore Shipping is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Ardmore Shipping? | Ardmore Shipping's last 12 months EBITDA is $91M. |
| What is Ardmore Shipping's EBITDA margin? | Ardmore Shipping's last 12 months EBITDA margin is 32%. |
| What is the current EV/EBITDA multiple of Ardmore Shipping? | Current EBITDA multiple of Ardmore Shipping is 8.4x. |
| What is the current FCF of Ardmore Shipping? | Ardmore Shipping's last 12 months FCF is ($2M). |
| What is Ardmore Shipping's FCF margin? | Ardmore Shipping's last 12 months FCF margin is (1%). |
| What is the current EV/FCF multiple of Ardmore Shipping? | Current FCF multiple of Ardmore Shipping is (475.8x). |
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