Ardmore Shipping (FRA:A61) Gross Margin %: 49.74% (As of Jun. 2026) — 123% Above Median

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.

FRA:A61 Ardmore Shipping Corp FRA:A61
75 GF Score
Price €14.12
GF Value €11.06
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Ardmore Shipping Gross Margin %?

Ardmore Shipping FRA:A61 -3.88% 75 Gross Margin % is 49.74% as of Jun. 2026, which is 123% above its 10-year median of 22.27. GuruFocus rates FRA:A61 with a GF Score™ of 75/100 and a GF Value™ of €11.06 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 981 Transportation companies, Ardmore Shipping ranks better than 80.12% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Ardmore Shipping's Gross Profit for the three months ended in Jun. 2026 was €50.2 Mil. Ardmore Shipping's Revenue for the three months ended in Jun. 2026 was €100.9 Mil. Therefore, Ardmore Shipping's Gross Margin % for the quarter that ended in Jun. 2026 was 49.74%.


The historical rank and industry rank for Ardmore Shipping's Gross Margin % or its related term are showing as below:

FRA:A61' s Gross Margin % Range Over the Past 10 Years
Min: 4.18   Med: 22.27   Max: 43.87
Current: 38.35


During the past 13 years, the highest Gross Margin % of Ardmore Shipping was 43.87%. The lowest was 4.18%. And the median was 22.27%.

FRA:A61's Gross Margin % is ranked better than
80.12% of 981 companies
in the Transportation industry
Industry Median: 20.51 vs FRA:A61: 38.35

Ardmore Shipping had a gross margin of 49.74% for the quarter that ended in Jun. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Ardmore Shipping was 28.10% per year.


Ardmore Shipping  (FRA:A61) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Ardmore Shipping had a gross margin of 49.74% for the quarter that ended in Jun. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Ardmore Shipping Gross Margin % Related Terms


Ardmore Shipping Gross Margin % Historical Data

* Premium members only.

The historical data trend for Ardmore Shipping's Gross Margin % 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 Gross Margin % Chart

Ardmore Shipping Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.18 43.87 42.20 42.34 28.11

Ardmore Shipping Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Gross Margin % 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 28.87 31.28 28.54 39.06 49.74

FRA:A61 vs SB, ESEA, PANL: Gross Margin % Comparison

For the Marine Shipping subindustry, Ardmore Shipping's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Ardmore Shipping's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Ardmore Shipping's Gross Margin % falls into.


FRA:A61
75GF Score
Ardmore Shipping Corp FRA:A61
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ardmore Shipping Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Ardmore Shipping's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=74.5 / 264.908
=(Revenue - Cost of Goods Sold) / Revenue
=(264.908 - 190.443) / 264.908
=28.11 %

Ardmore Shipping's Gross Margin for the quarter that ended in Jun. 2026 is calculated as


Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=50.2 / 100.874
=(Revenue - Cost of Goods Sold) / Revenue
=(100.874 - 50.698) / 100.874
=49.74 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 49.74% mean?
Ardmore Shipping (FRA:A61) has a Gross Margin % of 49.74% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Ardmore Shipping and its competitors. This is 123% above median its historical median of 22.27. Over the past decade, Ardmore Shipping's Gross Margin % has ranged from 4.18 to 43.87. According to the industry distribution chart, Ardmore Shipping ranks #195 out of 981 companies in the Transportation industry, placing it in the top 19.9%.
Is Ardmore Shipping's Gross Margin % too high?
Ardmore Shipping's current Gross Margin % of 49.74% is 123% above median its 10-year median of 22.27. Over the past 10 years, this metric has ranged from a low of 4.18 to a high of 43.87. The Transportation industry median Gross Margin % is 20.51. Ardmore Shipping's value of 49.74% is 142.5% above this industry median. Based on the distribution chart, Ardmore Shipping ranks #195 out of 981 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Ardmore Shipping has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ardmore Shipping's Gross Margin % compare to SB and ESEA?
According to the Transportation industry distribution chart, Ardmore Shipping ranks #195 out of 981 companies for Gross Margin %. This places Ardmore Shipping in the top 20% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 20.51. Ardmore Shipping's value of 49.74% is 142.5% above this benchmark. Historically, Ardmore Shipping's own Gross Margin % has ranged from 4.18 to 43.87 over the past decade. While the company's 10-year median is 22.27 vs. the industry median of 20.51, Ardmore Shipping has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Transportation company?
The median Gross Margin % among Transportation companies is 20.51, based on 981 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ardmore Shipping's current Gross Margin % of 49.74% is 142.5% above 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Ardmore Shipping and its competitors. For the Transportation industry, the median Gross Margin % is 20.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ardmore Shipping's current Gross Margin % is 49.74%, which is 123% above median its own 10-year median of 22.27. 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 (FRA:A61) is currently considered Modestly Overvalued. The stock's GF Value™ is €11.06, compared to a current price of €14.12 — trading 27.7% above its estimated fair value. The current Gross Margin % is 49.74%, which is 123% above median its 10-year median of 22.27 and 142.5% above the Transportation industry median of 20.51. 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 Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Ardmore Shipping (FRA:A61), the current Gross Margin % is 49.74% 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 (FRA:A61) Overvalued in 2026?

Based on GuruFocus' analysis, Ardmore Shipping stock appears to be overvalued. The current stock price of €14.12 is trading 27.7% above its estimated GF Value™ of €11.06. GuruFocus considers Ardmore Shipping to be Modestly Overvalued.

Key valuation signals for FRA:A61:

  • Gross Margin %: 49.74% (123% above median its 10-year median of 22.27)
  • GF Value™: €11.06 vs. price of €14.12 (27.7% above fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 142.5% above the Transportation median (#195 of 981)

No single metric tells the full story. See the FRA:A61 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ardmore Shipping Business Description

Other Exchanges ASC:USAA61: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 FRA:A61

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€14.12
Price
€11.06
GF Value