Ardmore Shipping Corporation

ASCNYSEIndustrials● Active

$16.45

+$0.01(+0.03%)

Market Cap$670998757

P/E Ratio—

52W High$20.03

52W Low$9.45

Avg Volume688K

Open$15.89

Beta-0.01

Overview

Ardmore Shipping Corporation (ASC) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

ASC · free cash flow · updated Jun 8, 2026

Core FCF metrics

ASC · FCF · TTM · margin & CAGR

Free cash flow was −$39.1M for FY2025 (fiscal year ending 2025-12-31), down 139.3% year-over-year The FCF margin was -12.6%.

FY2025 Free Cash Flow−$39.1M▼ -139.3% YoY

Trailing 12M (TTM)−$37.0Mtrailing 4 quarters sum

FCF Margin-12.6%−$39.1M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

ASC · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$81.6M(121M)−$39.1M▼ 139.3%-12.6%

FY2024$160.4M(61M)$99.4M▼ 25.9%24.5%

FY2023$159.6M(25M)$134.2M▲ +11.5%33.9%

FY2022$124.2M(4M)$120.4M▲ +2281.7%27.0%

FY2021−$2.9M(3M)−$5.5M▼ 121.9%-2.9%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

ASC · P/FCF · FCF yield · FCF per share

Ardmore Shipping Corporation (ASC) reported negative free cash flow of −$0.04B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

ASC · cash flow statement · operating / investing / financing

For FY2025, Ardmore Shipping Corporation generated $81.6M in operating cash flow and spent 121M in capital expenditures, yielding −$39.1M in free cash flow.

Operating Activities

+$81.6M

Cash from core business operations

2025-12-31

Investing Activities

−$121.0M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$39.2M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($81.6M) − |CapEx| (121M) = FCF (−$39.1M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

ASC vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Ardmore Shipping CorporationYOU

ASC

−$39.1M-139.3%-12.6%

Loss

Union Pacific Corporation

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Ardmore Shipping Corporation (ASC) reported free cash flow of −$39.1M for FY2025 (fiscal year ending 2025-12-31), down 139.3% year-over-year. The FCF margin was -12.6%.

Based on available data, Ardmore Shipping Corporation has maintained positive free cash flow for at least 6 fiscal year(s). FCF peaked at $134.2M in FY2023.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

ASC free cash flow · 8 questions

Ardmore Shipping Corporation free cash flow was −$39.1M for FY2025, down 139.3% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$37.0M.

ASC free cash flowASC FCFASC FCF 2025ASC free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Ardmore Shipping Corporation · Ardmore Shipping Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026