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Side-by-side financial comparison of Ardmore Shipping Corp (ASC) and CENTERSPACE (CSR). Click either name above to swap in a different company.
Ardmore Shipping Corp is the larger business by last-quarter revenue ($81.2M vs $66.6M, roughly 1.2× CENTERSPACE). Ardmore Shipping Corp runs the higher net margin — 15.7% vs -27.7%, a 43.4% gap on every dollar of revenue. On growth, CENTERSPACE posted the faster year-over-year revenue change (0.3% vs -15.5%). Over the past eight quarters, CENTERSPACE's revenue compounded faster (1.6% 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.
Centerspace is a real estate investment company specializing in the ownership, operation, and development of high-quality multifamily residential properties. Its core operating markets cover the U.S. Midwest and Mountain West regions, serving diverse renter segments with both affordable and premium housing options, while focusing on tenant experience and long-term asset value growth.
ASC vs CSR — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $81.2M | $66.6M |
| Net Profit | $12.8M | $-18.4M |
| Gross Margin | — | 96.5% |
| Operating Margin | 16.1% | -15.9% |
| Net Margin | 15.7% | -27.7% |
| Revenue YoY | -15.5% | 0.3% |
| Net Profit YoY | -47.0% | -262.9% |
| EPS (diluted) | $0.30 | $-1.08 |
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.
| Q4 25 | — | $66.6M | ||
| Q3 25 | $81.2M | $71.4M | ||
| Q2 25 | $72.0M | $68.5M | ||
| Q1 25 | $74.0M | $67.1M | ||
| Q4 24 | — | $66.4M | ||
| Q3 24 | $96.1M | $65.0M | ||
| Q2 24 | $121.3M | $65.0M | ||
| Q1 24 | $106.3M | $64.5M |
| Q4 25 | — | $-18.4M | ||
| Q3 25 | $12.8M | $53.8M | ||
| Q2 25 | $9.6M | $-14.5M | ||
| Q1 25 | $6.3M | $-3.7M | ||
| Q4 24 | — | $-5.1M | ||
| Q3 24 | $24.1M | $-1.0M | ||
| Q2 24 | $62.7M | $-1.3M | ||
| Q1 24 | $39.2M | $-3.9M |
| Q4 25 | — | 96.5% | ||
| Q3 25 | — | 96.5% | ||
| Q2 25 | — | 96.5% | ||
| Q1 25 | — | 96.4% | ||
| Q4 24 | — | 96.5% | ||
| Q3 24 | — | 96.6% | ||
| Q2 24 | — | 96.6% | ||
| Q1 24 | — | 96.4% |
| Q4 25 | — | -15.9% | ||
| Q3 25 | 16.1% | — | ||
| Q2 25 | 13.5% | -9.9% | ||
| Q1 25 | 8.6% | 7.1% | ||
| Q4 24 | — | 4.3% | ||
| Q3 24 | 25.4% | 9.8% | ||
| Q2 24 | 51.3% | 11.1% | ||
| Q1 24 | 37.2% | 6.3% |
| Q4 25 | — | -27.7% | ||
| Q3 25 | 15.7% | 75.3% | ||
| Q2 25 | 13.3% | -21.2% | ||
| Q1 25 | 8.5% | -5.6% | ||
| Q4 24 | — | -7.6% | ||
| Q3 24 | 25.1% | -1.6% | ||
| Q2 24 | 51.7% | -2.0% | ||
| Q1 24 | 36.9% | -6.1% |
| Q4 25 | — | $-1.08 | ||
| Q3 25 | $0.30 | $3.19 | ||
| Q2 25 | $0.22 | $-0.87 | ||
| Q1 25 | $0.14 | $-0.22 | ||
| Q4 24 | — | $-0.31 | ||
| Q3 24 | $0.55 | $-0.40 | ||
| Q2 24 | $1.47 | $-0.19 | ||
| Q1 24 | $0.92 | $-0.37 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $12.8M |
| Total DebtLower is stronger | $116.1M | $1.0B |
| Stockholders' EquityBook value | $628.2M | $719.2M |
| Total Assets | $799.8M | $1.9B |
| Debt / EquityLower = less leverage | 0.18× | 1.42× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $12.8M | ||
| Q3 25 | — | $12.9M | ||
| Q2 25 | — | $12.4M | ||
| Q1 25 | — | $11.9M | ||
| Q4 24 | — | $12.0M | ||
| Q3 24 | — | $14.5M | ||
| Q2 24 | — | $14.3M | ||
| Q1 24 | — | $12.7M |
| Q4 25 | — | $1.0B | ||
| Q3 25 | $116.1M | $1.1B | ||
| Q2 25 | $25.0M | $1.1B | ||
| Q1 25 | $20.5M | $955.5M | ||
| Q4 24 | — | $955.4M | ||
| Q3 24 | $22.5M | $921.3M | ||
| Q2 24 | $44.2M | $931.7M | ||
| Q1 24 | $23.1M | $929.1M |
| Q4 25 | — | $719.2M | ||
| Q3 25 | $628.2M | $748.6M | ||
| Q2 25 | $618.3M | $710.1M | ||
| Q1 25 | $610.7M | $636.8M | ||
| Q4 24 | — | $752.0M | ||
| Q3 24 | $627.0M | $672.5M | ||
| Q2 24 | $617.7M | $680.7M | ||
| Q1 24 | $567.9M | $688.1M |
| Q4 25 | — | $1.9B | ||
| Q3 25 | $799.8M | $2.1B | ||
| Q2 25 | $703.8M | $2.0B | ||
| Q1 25 | $690.4M | $1.9B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | $722.8M | $1.9B | ||
| Q2 24 | $742.0M | $1.9B | ||
| Q1 24 | $704.1M | $1.9B |
| Q4 25 | — | 1.42× | ||
| Q3 25 | 0.18× | 1.53× | ||
| Q2 25 | 0.04× | 1.57× | ||
| Q1 25 | 0.03× | 1.50× | ||
| Q4 24 | — | 1.27× | ||
| Q3 24 | 0.04× | 1.37× | ||
| Q2 24 | 0.07× | 1.37× | ||
| Q1 24 | 0.04× | 1.35× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $17.9M | $98.5M |
| Free Cash FlowOCF − Capex | — | $64.3M |
| FCF MarginFCF / Revenue | — | 96.5% |
| Capex IntensityCapex / Revenue | — | 51.3% |
| Cash ConversionOCF / Net Profit | 1.40× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $125.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $98.5M | ||
| Q3 25 | $17.9M | $35.1M | ||
| Q2 25 | $11.2M | $25.3M | ||
| Q1 25 | $26.3M | $25.4M | ||
| Q4 24 | — | $98.2M | ||
| Q3 24 | $39.9M | $32.3M | ||
| Q2 24 | $48.4M | $22.9M | ||
| Q1 24 | $49.2M | $24.4M |
| Q4 25 | — | $64.3M | ||
| Q3 25 | — | $25.7M | ||
| Q2 25 | — | $15.5M | ||
| Q1 25 | — | $20.4M | ||
| Q4 24 | — | $41.6M | ||
| Q3 24 | — | $20.5M | ||
| Q2 24 | — | $9.1M | ||
| Q1 24 | — | $2.6M |
| Q4 25 | — | 96.5% | ||
| Q3 25 | — | 36.0% | ||
| Q2 25 | — | 22.7% | ||
| Q1 25 | — | 30.4% | ||
| Q4 24 | — | 62.6% | ||
| Q3 24 | — | 31.5% | ||
| Q2 24 | — | 14.0% | ||
| Q1 24 | — | 4.0% |
| Q4 25 | — | 51.3% | ||
| Q3 25 | — | 13.1% | ||
| Q2 25 | — | 14.2% | ||
| Q1 25 | — | 7.5% | ||
| Q4 24 | — | 85.3% | ||
| Q3 24 | — | 18.2% | ||
| Q2 24 | — | 21.2% | ||
| Q1 24 | — | 33.8% |
| Q4 25 | — | — | ||
| Q3 25 | 1.40× | 0.65× | ||
| Q2 25 | 1.17× | — | ||
| Q1 25 | 4.20× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.65× | — | ||
| Q2 24 | 0.77× | — | ||
| Q1 24 | 1.25× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ASC
Segment breakdown not available.
CSR
| Multi Family Residential | $57.3M | 86% |
| Other | $8.1M | 12% |
| Other Property Revenue | $1.2M | 2% |