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Side-by-side financial comparison of Ardmore Shipping Corp (ASC) and CAMDEN NATIONAL CORP (CAC). Click either name above to swap in a different company.

Ardmore Shipping Corp is the larger business by last-quarter revenue ($81.2M vs $64.3M, roughly 1.3× CAMDEN NATIONAL CORP). CAMDEN NATIONAL CORP runs the higher net margin — 34.0% vs 15.7%, a 18.3% gap on every dollar of revenue. Over the past eight quarters, CAMDEN NATIONAL CORP's revenue compounded faster (22.6% CAGR vs -6.0%).

Ardmore Shipping Corp is a global maritime transport company that owns and operates a fleet of mid-sized product and chemical tankers. It provides seaborne transport for petroleum products, specialty chemicals and bulk liquid commodities, serving energy, chemical and trading clients across key international trade routes.

Camden National Bank is a commercial bank headquartered in Camden, Maine, operating as the principal subsidiary of Camden National Corporation, a publicly traded bank holding company. Founded in 1875, the bank became a direct, wholly owned subsidiary of the holding company following a corporate reorganization in 1984. Following the 2025 merger with Northway Financial, the combined institution has approximately $7.0 billion in assets.

ASC vs CAC — Head-to-Head

Bigger by revenue
ASC
ASC
1.3× larger
ASC
$81.2M
$64.3M
CAC
Higher net margin
CAC
CAC
18.3% more per $
CAC
34.0%
15.7%
ASC
Faster 2-yr revenue CAGR
CAC
CAC
Annualised
CAC
22.6%
-6.0%
ASC

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
ASC
ASC
CAC
CAC
Revenue
$81.2M
$64.3M
Net Profit
$12.8M
$21.9M
Gross Margin
Operating Margin
16.1%
Net Margin
15.7%
34.0%
Revenue YoY
-15.5%
Net Profit YoY
-47.0%
EPS (diluted)
$0.30
$1.29

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ASC
ASC
CAC
CAC
Q1 26
$64.3M
Q4 25
$68.1M
Q3 25
$81.2M
$65.4M
Q2 25
$72.0M
$62.3M
Q1 25
$74.0M
$60.1M
Q4 24
$47.6M
Q3 24
$96.1M
$45.0M
Q2 24
$121.3M
$42.8M
Net Profit
ASC
ASC
CAC
CAC
Q1 26
$21.9M
Q4 25
$22.6M
Q3 25
$12.8M
$21.2M
Q2 25
$9.6M
$14.1M
Q1 25
$6.3M
$7.3M
Q4 24
$14.7M
Q3 24
$24.1M
$13.1M
Q2 24
$62.7M
$12.0M
Operating Margin
ASC
ASC
CAC
CAC
Q1 26
Q4 25
41.5%
Q3 25
16.1%
40.5%
Q2 25
13.5%
28.5%
Q1 25
8.6%
10.3%
Q4 24
38.7%
Q3 24
25.4%
35.2%
Q2 24
51.3%
34.7%
Net Margin
ASC
ASC
CAC
CAC
Q1 26
34.0%
Q4 25
33.1%
Q3 25
15.7%
32.4%
Q2 25
13.3%
22.6%
Q1 25
8.5%
12.2%
Q4 24
30.8%
Q3 24
25.1%
29.1%
Q2 24
51.7%
28.0%
EPS (diluted)
ASC
ASC
CAC
CAC
Q1 26
$1.29
Q4 25
$1.33
Q3 25
$0.30
$1.25
Q2 25
$0.22
$0.83
Q1 25
$0.14
$0.43
Q4 24
$1.00
Q3 24
$0.55
$0.90
Q2 24
$1.47
$0.81

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ASC
ASC
CAC
CAC
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$116.1M
$514.4M
Stockholders' EquityBook value
$628.2M
$710.0M
Total Assets
$799.8M
$7.0B
Debt / EquityLower = less leverage
0.18×
0.72×

8-quarter trend — quarters aligned by calendar period.

Total Debt
ASC
ASC
CAC
CAC
Q1 26
$514.4M
Q4 25
Q3 25
$116.1M
Q2 25
$25.0M
Q1 25
$20.5M
Q4 24
Q3 24
$22.5M
Q2 24
$44.2M
Stockholders' Equity
ASC
ASC
CAC
CAC
Q1 26
$710.0M
Q4 25
$696.6M
Q3 25
$628.2M
$676.4M
Q2 25
$618.3M
$652.1M
Q1 25
$610.7M
$640.1M
Q4 24
$531.2M
Q3 24
$627.0M
$529.9M
Q2 24
$617.7M
$508.3M
Total Assets
ASC
ASC
CAC
CAC
Q1 26
$7.0B
Q4 25
$7.0B
Q3 25
$799.8M
$7.0B
Q2 25
$703.8M
$6.9B
Q1 25
$690.4M
$7.0B
Q4 24
$5.8B
Q3 24
$722.8M
$5.7B
Q2 24
$742.0M
$5.7B
Debt / Equity
ASC
ASC
CAC
CAC
Q1 26
0.72×
Q4 25
Q3 25
0.18×
Q2 25
0.04×
Q1 25
0.03×
Q4 24
Q3 24
0.04×
Q2 24
0.07×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ASC
ASC
CAC
CAC
Operating Cash FlowLast quarter
$17.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.40×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASC
ASC
CAC
CAC
Q1 26
Q4 25
$63.9M
Q3 25
$17.9M
$36.1M
Q2 25
$11.2M
$6.0M
Q1 25
$26.3M
$1.0M
Q4 24
$60.9M
Q3 24
$39.9M
$-14.5M
Q2 24
$48.4M
$14.5M
Free Cash Flow
ASC
ASC
CAC
CAC
Q1 26
Q4 25
$58.2M
Q3 25
$35.4M
Q2 25
$4.5M
Q1 25
$-727.0K
Q4 24
$55.4M
Q3 24
$-16.2M
Q2 24
$13.2M
FCF Margin
ASC
ASC
CAC
CAC
Q1 26
Q4 25
85.5%
Q3 25
54.1%
Q2 25
7.3%
Q1 25
-1.2%
Q4 24
116.4%
Q3 24
-36.0%
Q2 24
30.8%
Capex Intensity
ASC
ASC
CAC
CAC
Q1 26
Q4 25
8.4%
Q3 25
1.1%
Q2 25
2.4%
Q1 25
2.9%
Q4 24
11.7%
Q3 24
3.8%
Q2 24
3.0%
Cash Conversion
ASC
ASC
CAC
CAC
Q1 26
Q4 25
2.83×
Q3 25
1.40×
1.70×
Q2 25
1.17×
0.43×
Q1 25
4.20×
0.14×
Q4 24
4.15×
Q3 24
1.65×
-1.11×
Q2 24
0.77×
1.21×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ASC
ASC

Segment breakdown not available.

CAC
CAC

Net Interest Income$52.4M81%
Noninterest Income$12.0M19%

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