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Side-by-side financial comparison of Ardmore Shipping Corp (ASC) and California Resources Corp (CRC). Click either name above to swap in a different company.

California Resources Corp is the larger business by last-quarter revenue ($119.0M vs $81.2M, roughly 1.5× Ardmore Shipping Corp). Over the past eight quarters, Ardmore Shipping Corp's revenue compounded faster (-6.0% CAGR vs -46.3%).

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.

California Resources Corporation is an American energy corporation engaged in hydrocarbon exploration in California. It is organized in Delaware and headquartered in Long Beach, California. Its mineral acreage holdings in California constitute the largest privately held position in the state.

ASC vs CRC — Head-to-Head

Bigger by revenue
CRC
CRC
1.5× larger
CRC
$119.0M
$81.2M
ASC
Faster 2-yr revenue CAGR
ASC
ASC
Annualised
ASC
-6.0%
-46.3%
CRC

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
ASC
ASC
CRC
CRC
Revenue
$81.2M
$119.0M
Net Profit
$12.8M
Gross Margin
Operating Margin
16.1%
-597.5%
Net Margin
15.7%
Revenue YoY
-15.5%
Net Profit YoY
-47.0%
EPS (diluted)
$0.30
$-8.02

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
CRC
CRC
Q1 26
$119.0M
Q4 25
$679.0M
Q3 25
$81.2M
$715.0M
Q2 25
$72.0M
$702.0M
Q1 25
$74.0M
$814.0M
Q4 24
$826.0M
Q3 24
$96.1M
$870.0M
Q2 24
$121.3M
$412.0M
Net Profit
ASC
ASC
CRC
CRC
Q1 26
Q4 25
$12.0M
Q3 25
$12.8M
$64.0M
Q2 25
$9.6M
$172.0M
Q1 25
$6.3M
$115.0M
Q4 24
$33.0M
Q3 24
$24.1M
$345.0M
Q2 24
$62.7M
$8.0M
Operating Margin
ASC
ASC
CRC
CRC
Q1 26
-597.5%
Q4 25
6.9%
Q3 25
16.1%
13.7%
Q2 25
13.5%
38.0%
Q1 25
8.6%
22.9%
Q4 24
8.2%
Q3 24
25.4%
59.5%
Q2 24
51.3%
9.2%
Net Margin
ASC
ASC
CRC
CRC
Q1 26
Q4 25
1.8%
Q3 25
15.7%
9.0%
Q2 25
13.3%
24.5%
Q1 25
8.5%
14.1%
Q4 24
4.0%
Q3 24
25.1%
39.7%
Q2 24
51.7%
1.9%
EPS (diluted)
ASC
ASC
CRC
CRC
Q1 26
$-8.02
Q4 25
$0.21
Q3 25
$0.30
$0.76
Q2 25
$0.22
$1.92
Q1 25
$0.14
$1.26
Q4 24
$0.87
Q3 24
$0.55
$3.78
Q2 24
$1.47
$0.11

Balance Sheet & Financial Strength

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

Metric
ASC
ASC
CRC
CRC
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$116.1M
Stockholders' EquityBook value
$628.2M
$2.9B
Total Assets
$799.8M
Debt / EquityLower = less leverage
0.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASC
ASC
CRC
CRC
Q1 26
Q4 25
$132.0M
Q3 25
$196.0M
Q2 25
$72.0M
Q1 25
$214.0M
Q4 24
$372.0M
Q3 24
$241.0M
Q2 24
$1.0B
Total Debt
ASC
ASC
CRC
CRC
Q1 26
Q4 25
Q3 25
$116.1M
$1.0B
Q2 25
$25.0M
$1.0B
Q1 25
$20.5M
$1.0B
Q4 24
$1.1B
Q3 24
$22.5M
$1.1B
Q2 24
$44.2M
$1.2B
Stockholders' Equity
ASC
ASC
CRC
CRC
Q1 26
$2.9B
Q4 25
$3.7B
Q3 25
$628.2M
$3.4B
Q2 25
$618.3M
$3.4B
Q1 25
$610.7M
$3.5B
Q4 24
$3.5B
Q3 24
$627.0M
$3.5B
Q2 24
$617.7M
$2.1B
Total Assets
ASC
ASC
CRC
CRC
Q1 26
Q4 25
$7.4B
Q3 25
$799.8M
$6.8B
Q2 25
$703.8M
$6.7B
Q1 25
$690.4M
$6.8B
Q4 24
$7.1B
Q3 24
$722.8M
$7.1B
Q2 24
$742.0M
$4.5B
Debt / Equity
ASC
ASC
CRC
CRC
Q1 26
Q4 25
Q3 25
0.18×
0.29×
Q2 25
0.04×
0.30×
Q1 25
0.03×
0.29×
Q4 24
0.32×
Q3 24
0.04×
0.32×
Q2 24
0.07×
0.57×

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
CRC
CRC
Operating Cash FlowLast quarter
$17.9M
$99.0M
Free Cash FlowOCF − Capex
$-32.0M
FCF MarginFCF / Revenue
-26.9%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.40×
TTM Free Cash FlowTrailing 4 quarters
$380.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASC
ASC
CRC
CRC
Q1 26
$99.0M
Q4 25
$235.0M
Q3 25
$17.9M
$279.0M
Q2 25
$11.2M
$165.0M
Q1 25
$26.3M
$186.0M
Q4 24
$206.0M
Q3 24
$39.9M
$220.0M
Q2 24
$48.4M
$97.0M
Free Cash Flow
ASC
ASC
CRC
CRC
Q1 26
$-32.0M
Q4 25
$115.0M
Q3 25
$188.0M
Q2 25
$109.0M
Q1 25
$131.0M
Q4 24
$118.0M
Q3 24
$141.0M
Q2 24
$63.0M
FCF Margin
ASC
ASC
CRC
CRC
Q1 26
-26.9%
Q4 25
16.9%
Q3 25
26.3%
Q2 25
15.5%
Q1 25
16.1%
Q4 24
14.3%
Q3 24
16.2%
Q2 24
15.3%
Capex Intensity
ASC
ASC
CRC
CRC
Q1 26
Q4 25
17.7%
Q3 25
12.7%
Q2 25
8.0%
Q1 25
6.8%
Q4 24
10.7%
Q3 24
9.1%
Q2 24
8.3%
Cash Conversion
ASC
ASC
CRC
CRC
Q1 26
Q4 25
19.58×
Q3 25
1.40×
4.36×
Q2 25
1.17×
0.96×
Q1 25
4.20×
1.62×
Q4 24
6.24×
Q3 24
1.65×
0.64×
Q2 24
0.77×
12.13×

Financial Flow Comparison

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

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