ASC (Ardmore Shipping) Earnings per Share (Diluted): $2.59 (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASC Ardmore Shipping Corp ASC
75 GF Score
Price $18.25
GF Value $13.00
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Ardmore Shipping Earnings per Share (Diluted)?

Ardmore Shipping ASC -0.82% 75 Earnings per Share (Diluted) is $2.59 as of Jun. 2026. GuruFocus rates ASC with a GF Score™ of 75/100 and a GF Value™ of $13.00 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 797 Transportation companies, Ardmore Shipping ranks worse than 88.08% on this metric.

Ardmore Shipping's Earnings per Share (Diluted) for the three months ended in Jun. 2026 was $1.48. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $2.59.

Ardmore Shipping's EPS (Basic) for the three months ended in Jun. 2026 was $1.48. Its EPS (Basic) for the trailing twelve months (TTM) ended in Jun. 2026 was $2.59.

Ardmore Shipping's EPS without NRI for the three months ended in Jun. 2026 was $1.18. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2026 was $2.35.

During the past 12 months, Ardmore Shipping's average EPS without NRIGrowth Rate was 102.50% per year. During the past 3 years, the average EPS without NRIGrowth Rate was -36.70% per year.

During the past 13 years, Ardmore Shipping's highest 3-Year average EPS without NRI Growth Rate was 413.60% per year. The lowest was -36.70% per year. And the median was 0.20% per year.


Ardmore Shipping  (NYSE:ASC) Earnings per Share (Diluted) Explanation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Ardmore Shipping Earnings per Share (Diluted) Related Terms


Ardmore Shipping Earnings per Share (Diluted) Historical Data

* Premium members only.

The historical data trend for Ardmore Shipping's Earnings per Share (Diluted) 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.

Ardmore Shipping Earnings per Share (Diluted) Chart

Ardmore Shipping Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings per Share (Diluted)
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.12 3.52 2.71 3.06 0.88

Ardmore Shipping Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Earnings per Share (Diluted) 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 0.22 0.30 0.23 0.58 1.48

ASC vs SB, ESEA, PANL: Earnings per Share (Diluted) Comparison

For the Marine Shipping subindustry, Ardmore Shipping's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ardmore Shipping PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Ardmore Shipping's PE Ratio distribution charts can be found below:

* The bar in red indicates where Ardmore Shipping's PE Ratio falls into.


ASC
75GF Score
Ardmore Shipping Corp ASC
Earnings per Share (Diluted) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ardmore Shipping Earnings per Share (Diluted) Calculation

Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.

Ardmore Shipping's Earnings Per Share (Diluted) for the fiscal year that ended in Dec. 2025 is calculated as

Diluted Earnings Per Share (A: Dec. 2025 ) = (Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(41.014-2.724)/40.812
=0.94

Ardmore Shipping's Earnings Per Share (Diluted) for the quarter that ended in Jun. 2026 is calculated as

Diluted Earnings Per Share (Q: Jun. 2026 )=(Net Income - Preferred Dividends / Shares Outstanding (Diluted Average)
=(60.515-0)/40.965
=1.48

Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.59

* 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.

Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.

What does a Earnings per Share (Diluted) of $2.59 mean?
Ardmore Shipping (ASC) has a Earnings per Share (Diluted) of $2.59 as of Jun. 2026. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Ardmore Shipping and its competitors. According to the industry distribution chart, Ardmore Shipping ranks #702 out of 797 companies in the Transportation industry, placing it in the top 88.1%.
Is Ardmore Shipping's Earnings per Share (Diluted) too high?
Ardmore Shipping's current Earnings per Share (Diluted) is $2.59. The Transportation industry median Earnings per Share (Diluted) is 3.70. Ardmore Shipping's value of $2.59 is 30% below this industry median. Based on the distribution chart, Ardmore Shipping ranks #702 out of 797 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Ardmore Shipping has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ardmore Shipping's Earnings per Share (Diluted) compare to SB and ESEA?
According to the Transportation industry distribution chart, Ardmore Shipping ranks #702 out of 797 companies for Earnings per Share (Diluted). This places Ardmore Shipping in the lower half of its industry. The industry median Earnings per Share (Diluted) is 3.70. Ardmore Shipping's value of $2.59 is 30% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings per Share (Diluted) for a Transportation company?
The median Earnings per Share (Diluted) among Transportation companies is 3.70, based on 797 companies in the industry. Companies in the top quartile (top 25%) have a Earnings per Share (Diluted) significantly above this median, while those in the bottom quartile fall well below. However, Earnings per Share (Diluted) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ardmore Shipping's current Earnings per Share (Diluted) of $2.59 is 30% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings per Share (Diluted) mean?
A high Earnings per Share (Diluted) can signal that a stock is expensive relative to its fundamentals. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Ardmore Shipping and its competitors. For the Transportation industry, the median Earnings per Share (Diluted) is 3.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ardmore Shipping's current Earnings per Share (Diluted) is $2.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ardmore Shipping stock overvalued right now?
Based on GuruFocus' analysis, Ardmore Shipping (ASC) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.00, compared to a current price of $18.25 — trading 40.4% above its estimated fair value. The current Earnings per Share (Diluted) is $2.59 and 30% below the Transportation industry median of 3.70. Ardmore Shipping's overall GF Score™ is 75/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings per Share (Diluted) calculated?
Earnings per Share (Diluted) is calculated from a company's financial statements. For Ardmore Shipping (ASC), the current Earnings per Share (Diluted) is $2.59 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ardmore Shipping (ASC) Overvalued in 2026?

Based on GuruFocus' analysis, Ardmore Shipping stock appears to be overvalued. The current stock price of $18.25 is trading 40.4% above its estimated GF Value™ of $13.00. GuruFocus considers Ardmore Shipping to be Significantly Overvalued.

Key valuation signals for ASC:

  • Earnings per Share (Diluted): $2.59
  • GF Value™: $13.00 vs. price of $18.25 (40.4% above fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 30% below the Transportation median (#702 of 797)

No single metric tells the full story. See the ASC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ardmore Shipping Business Description

Other Exchanges A61:Germany
Address 7 Church Street, Dorchester House, Hamilton, BMU, HM11
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 markets its services directly to its customers and commercial pool operators and charters its vessels to them through a combination of spot, commercial pooling, and time-charter arrangements. The majority of its revenue is generated from spot voyages, which typically last less than three months.
75GF Score

Get the complete analysis for ASC

Earnings per Share (Diluted) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$18.25
Price
$13.00
GF Value