Ardmore Shipping Corporation (NYSE:ASC) is one of the best marine shipping stocks to buy right now.
On February 12, Ardmore Shipping Corporation (NYSE:ASC) delivered impressive financial results for the three and 12 months ended December 31, 2025.
The company benefited from increased revenue days and the expansion of its owned fleet. During the year, the company also completed its scheduled drydocking program, including multiple vessel upgrades.
Net income attributable to common stockholders for the three months ended December 31 stood at $9.3 million or $0.28 a share. It was a significant improvement from $5.1 million or $0.12 a share delivered in the same period the prior year. Revenue in the period was up $0.9 million to $82.9 million as the number of operating vessels increased slightly to 26.1 from 26 in the prior year’s same period.
Full-year net income shrank to $36.1 million or $0.89 a share compared to net income of $128.6 million or $3.09 million delivered in 2024. It ended the year in a strong financial position with $272.2 million in liquidity available and cash and cash equivalents of 446.8 million
Gernot Ruppelt, the Company’s Chief Executive Officer, commented: “Freight markets have continued to rally due to long-term structural trends and near-term geopolitical dynamics. We are capturing these conditions through strong spot market exposure and Ardmore’s global operating platform, while locking in selective high-quality term charters to reinforce a robust earnings profile. As ever, we remain nimble in positioning Ardmore optimally within a complex, fast-moving environment, while staying focused on our strategic priorities and delivering long-term value.”
Ardmore Shipping Corporation (NYSE:ASC) owns and operates a fleet of mid-sized product and chemical tankers, providing worldwide seaborne transportation of petroleum products and chemicals for oil majors, traders, and chemical companies. Founded in 2010, the company focuses on modern, eco-design vessels, operating through voyage charters, time charters, and commercial pools.
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