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Ardmore Shipping (Ardmore Shipping) EBIT per Share : $3.11 (TTM As of Dec. 2023)


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What is Ardmore Shipping EBIT per Share?

Ardmore Shipping's EBIT per Share for the three months ended in Dec. 2023 was $0.72. Its EBIT per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $3.11.

During the past 12 months, the average EBIT per Share Growth Rate of Ardmore Shipping was -26.30% per year. During the past 3 years, the average EBIT per Share Growth Rate was 76.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBIT per Share growth rate using EBIT per Share data.

The historical rank and industry rank for Ardmore Shipping's EBIT per Share or its related term are showing as below:

ASC' s 3-Year EBIT Growth Rate Range Over the Past 10 Years
Min: -26.1   Med: 29   Max: 158.2
Current: 76.2

During the past 13 years, the highest 3-Year average EBIT per Share Growth Rate of Ardmore Shipping was 158.20% per year. The lowest was -26.10% per year. And the median was 29.00% per year.

ASC's 3-Year EBIT Growth Rate is ranked better than
91.99% of 712 companies
in the Transportation industry
Industry Median: 11.55 vs ASC: 76.20

Ardmore Shipping's EBIT for the three months ended in Dec. 2023 was $30.5 Mil.


Ardmore Shipping EBIT per Share Historical Data

The historical data trend for Ardmore Shipping's EBIT per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ardmore Shipping EBIT per Share Chart

Ardmore Shipping Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.32 -0.64 4.08 3.11

Ardmore Shipping Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.37 1.13 0.67 0.58 0.72

Ardmore Shipping EBIT per Share Calculation

EBIT per Share is the amount of Earnings Before Interest and Taxes (EBIT) per outstanding share of the company's stock.

Earnings Before Interest and Taxes (EBIT) is what the company earns before it expenses interest and taxes.

Ardmore Shipping's EBIT per Share for the fiscal year that ended in Dec. 2023 is calculated as

EBIT per Share(A: Dec. 2023 )
=EBIT/Shares Outstanding (Diluted Average)
=130.029/41.822
=3.11

Ardmore Shipping's EBIT per Share for the quarter that ended in Dec. 2023 is calculated as

EBIT per Share(Q: Dec. 2023 )
=EBIT/Shares Outstanding (Diluted Average)
=30.466/42.059
=0.72

EBIT per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.11

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ardmore Shipping  (NYSE:ASC) EBIT per Share Explanation

EBIT is a company's earnings before interest and tax expenses are deducted. It measures a company's profit generates from operating, ignoring tax burden and capital structure. As the tax expense are not deducted, EBIT is helpful when comparing companies in the same industry but with different tax situations. Also, the interest expense are included in EBIT, making it useful to compare companies that have high interest expenses due to large amount of debt.


Ardmore Shipping EBIT per Share Related Terms

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Ardmore Shipping (Ardmore Shipping) Business Description

Traded in Other Exchanges
Address
69 Pitts Bay Road, Belvedere Building, Ground Floor, Pembroke, Hamilton, BMU, HM08
Ardmore Shipping Corp owns and operates a fleet of mid-size product and chemical tankers, which provide seaborne transportation of petroleum products and chemicals across the globe. The company is focused on fuel efficiency and cost leadership, and it provides its shipping services to customers through voyage charters, commercial pools, and time charters. Its main customers are oil majors, national oil companies, oil and chemical traders, and chemical companies.