Ardmore Shipping Corp (ASC)
17.42
+0.15
(+0.87%)
USD |
NYSE |
May 03, 16:00
17.43
+0.01
(+0.06%)
Pre-Market: 20:00
Ardmore Shipping Gross Profit Margin (Quarterly): 56.48% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 56.48% |
| September 30, 2023 | 54.55% |
| June 30, 2023 | 56.03% |
| March 31, 2023 | 60.97% |
| December 31, 2022 | 62.62% |
| September 30, 2022 | 61.13% |
| June 30, 2022 | 53.98% |
| March 31, 2022 | 43.37% |
| December 31, 2021 | 35.95% |
| September 30, 2021 | 31.84% |
| June 30, 2021 | 38.55% |
| March 31, 2021 | 35.45% |
| December 31, 2020 | 31.32% |
| September 30, 2020 | 44.47% |
| June 30, 2020 | 57.58% |
| March 31, 2020 | 51.66% |
| December 31, 2019 | 49.51% |
| September 30, 2019 | 40.60% |
| June 30, 2019 | 43.06% |
| March 31, 2019 | 43.02% |
| December 31, 2018 | 37.88% |
| September 30, 2018 | 30.06% |
| June 30, 2018 | 37.10% |
| March 31, 2018 | 44.16% |
| Date | Value |
|---|---|
| December 31, 2017 | 45.18% |
| September 30, 2017 | 44.63% |
| June 30, 2017 | 46.52% |
| March 31, 2017 | 45.18% |
| December 31, 2016 | 49.35% |
| September 30, 2016 | 54.30% |
| June 30, 2016 | 65.94% |
| March 31, 2016 | 66.79% |
| December 31, 2015 | 65.49% |
| September 30, 2015 | 69.08% |
| June 30, 2015 | 63.73% |
| March 31, 2015 | 62.76% |
| December 31, 2014 | 65.22% |
| September 30, 2014 | 62.08% |
| June 30, 2014 | 73.24% |
| March 31, 2014 | 73.61% |
| December 31, 2013 | 65.22% |
| September 30, 2013 | 66.94% |
| June 30, 2013 | 73.96% |
| March 31, 2013 | 74.16% |
| December 31, 2012 | 68.76% |
| September 30, 2012 | 68.71% |
| June 30, 2012 | 64.33% |
| March 31, 2012 | 61.30% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
31.32%
Minimum
Dec 2020
62.62%
Maximum
Dec 2022
47.85%
Average
49.51%
Median
Dec 2019
Gross Profit Margin (Quarterly) Benchmarks
| Nordic American Tankers Ltd | 16.13% |
| SFL Corp Ltd | 36.65% |
| Stolt-Nielsen Ltd | 25.72% |
| United Maritime Corp | 23.80% |
| Toro Corp | 33.12% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 21.57% |
| Return on Assets | 16.66% |
| Return on Invested Capital | 18.76% |
| Profit Margin (Quarterly) | 27.32% |
| Operating Margin (Quarterly) | 30.14% |
| Return on Net Operating Assets | 18.74% |