vs

Side-by-side financial comparison of Ardmore Shipping Corp (ASC) and Genie Energy Ltd. (GNE). Click either name above to swap in a different company.

Genie Energy Ltd. is the larger business by last-quarter revenue ($138.3M vs $81.2M, roughly 1.7× Ardmore Shipping Corp). Ardmore Shipping Corp runs the higher net margin — 15.7% vs 4.9%, a 10.9% gap on every dollar of revenue. On growth, Genie Energy Ltd. posted the faster year-over-year revenue change (23.6% vs -15.5%). Over the past eight quarters, Genie Energy Ltd.'s revenue compounded faster (14.8% 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.

Genie Energy Ltd. is an American energy company headquartered in Newark, New Jersey. It is a holding company comprising Genie Retail Energy, Genie Retail Energy International, Genie Energy Services, and Genie Energy Oil and Gas. Michael Stein is the Chief Executive Officer, Genie Energy Ltd.

ASC vs GNE — Head-to-Head

Bigger by revenue
GNE
GNE
1.7× larger
GNE
$138.3M
$81.2M
ASC
Growing faster (revenue YoY)
GNE
GNE
+39.1% gap
GNE
23.6%
-15.5%
ASC
Higher net margin
ASC
ASC
10.9% more per $
ASC
15.7%
4.9%
GNE
Faster 2-yr revenue CAGR
GNE
GNE
Annualised
GNE
14.8%
-6.0%
ASC

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
ASC
ASC
GNE
GNE
Revenue
$81.2M
$138.3M
Net Profit
$12.8M
$6.7M
Gross Margin
21.7%
Operating Margin
16.1%
5.0%
Net Margin
15.7%
4.9%
Revenue YoY
-15.5%
23.6%
Net Profit YoY
-47.0%
-33.9%
EPS (diluted)
$0.30
$0.26

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
GNE
GNE
Q3 25
$81.2M
$138.3M
Q2 25
$72.0M
$105.3M
Q1 25
$74.0M
$136.8M
Q4 24
$102.9M
Q3 24
$96.1M
$111.9M
Q2 24
$121.3M
$90.7M
Q1 24
$106.3M
$119.7M
Q4 23
$104.9M
Net Profit
ASC
ASC
GNE
GNE
Q3 25
$12.8M
$6.7M
Q2 25
$9.6M
$2.8M
Q1 25
$6.3M
$10.3M
Q4 24
$-15.3M
Q3 24
$24.1M
$10.2M
Q2 24
$62.7M
$9.6M
Q1 24
$39.2M
$8.1M
Q4 23
$-24.5M
Gross Margin
ASC
ASC
GNE
GNE
Q3 25
21.7%
Q2 25
22.3%
Q1 25
27.3%
Q4 24
32.5%
Q3 24
33.9%
Q2 24
36.8%
Q1 24
28.2%
Q4 23
32.0%
Operating Margin
ASC
ASC
GNE
GNE
Q3 25
16.1%
5.0%
Q2 25
13.5%
1.9%
Q1 25
8.6%
9.4%
Q4 24
-20.2%
Q3 24
25.4%
10.4%
Q2 24
51.3%
11.6%
Q1 24
37.2%
8.2%
Q4 23
-32.6%
Net Margin
ASC
ASC
GNE
GNE
Q3 25
15.7%
4.9%
Q2 25
13.3%
2.7%
Q1 25
8.5%
7.5%
Q4 24
-14.9%
Q3 24
25.1%
9.1%
Q2 24
51.7%
10.6%
Q1 24
36.9%
6.8%
Q4 23
-23.4%
EPS (diluted)
ASC
ASC
GNE
GNE
Q3 25
$0.30
$0.26
Q2 25
$0.22
$0.11
Q1 25
$0.14
$0.40
Q4 24
$-0.58
Q3 24
$0.55
$0.38
Q2 24
$1.47
$0.36
Q1 24
$0.92
$0.30
Q4 23
$-0.90

Balance Sheet & Financial Strength

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

Metric
ASC
ASC
GNE
GNE
Cash + ST InvestmentsLiquidity on hand
$109.8M
Total DebtLower is stronger
$116.1M
Stockholders' EquityBook value
$628.2M
$198.8M
Total Assets
$799.8M
$394.1M
Debt / EquityLower = less leverage
0.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASC
ASC
GNE
GNE
Q3 25
$109.8M
Q2 25
$106.0M
Q1 25
$118.3M
Q4 24
$110.1M
Q3 24
$141.8M
Q2 24
$126.8M
Q1 24
$106.9M
Q4 23
$111.4M
Total Debt
ASC
ASC
GNE
GNE
Q3 25
$116.1M
Q2 25
$25.0M
Q1 25
$20.5M
Q4 24
Q3 24
$22.5M
Q2 24
$44.2M
Q1 24
$23.1M
Q4 23
Stockholders' Equity
ASC
ASC
GNE
GNE
Q3 25
$628.2M
$198.8M
Q2 25
$618.3M
$197.0M
Q1 25
$610.7M
$198.0M
Q4 24
$190.5M
Q3 24
$627.0M
$211.1M
Q2 24
$617.7M
$202.1M
Q1 24
$567.9M
$192.9M
Q4 23
$197.2M
Total Assets
ASC
ASC
GNE
GNE
Q3 25
$799.8M
$394.1M
Q2 25
$703.8M
$383.1M
Q1 25
$690.4M
$384.4M
Q4 24
$371.3M
Q3 24
$722.8M
$341.7M
Q2 24
$742.0M
$322.8M
Q1 24
$704.1M
$328.3M
Q4 23
$330.6M
Debt / Equity
ASC
ASC
GNE
GNE
Q3 25
0.18×
Q2 25
0.04×
Q1 25
0.03×
Q4 24
Q3 24
0.04×
Q2 24
0.07×
Q1 24
0.04×
Q4 23

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
GNE
GNE
Operating Cash FlowLast quarter
$17.9M
$13.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.40×
2.07×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASC
ASC
GNE
GNE
Q3 25
$17.9M
$13.9M
Q2 25
$11.2M
$1.1M
Q1 25
$26.3M
$15.3M
Q4 24
$13.0M
Q3 24
$39.9M
$24.4M
Q2 24
$48.4M
$20.4M
Q1 24
$49.2M
$12.9M
Q4 23
$10.5M
Free Cash Flow
ASC
ASC
GNE
GNE
Q3 25
Q2 25
Q1 25
$13.6M
Q4 24
Q3 24
$21.9M
Q2 24
$20.1M
Q1 24
$11.7M
Q4 23
FCF Margin
ASC
ASC
GNE
GNE
Q3 25
Q2 25
Q1 25
9.9%
Q4 24
Q3 24
19.6%
Q2 24
22.1%
Q1 24
9.8%
Q4 23
Capex Intensity
ASC
ASC
GNE
GNE
Q3 25
Q2 25
Q1 25
1.3%
Q4 24
Q3 24
2.2%
Q2 24
0.4%
Q1 24
1.0%
Q4 23
Cash Conversion
ASC
ASC
GNE
GNE
Q3 25
1.40×
2.07×
Q2 25
1.17×
0.40×
Q1 25
4.20×
1.49×
Q4 24
Q3 24
1.65×
2.39×
Q2 24
0.77×
2.12×
Q1 24
1.25×
1.59×
Q4 23

Financial Flow Comparison

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

Revenue Breakdown by Segment

ASC
ASC

Segment breakdown not available.

GNE
GNE

Sales Channel Directly To Consumer$108.8M79%
Sales Channel Through Intermediary$23.5M17%
Genie Renewables GREW$6.0M4%

Related Comparisons