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Side-by-side financial comparison of Ardmore Shipping Corp (ASC) and KURA SUSHI USA, INC. (KRUS). Click either name above to swap in a different company.

Ardmore Shipping Corp is the larger business by last-quarter revenue ($81.2M vs $73.5M, roughly 1.1× KURA SUSHI USA, INC.). Ardmore Shipping Corp runs the higher net margin — 15.7% vs -4.2%, a 19.9% gap on every dollar of revenue. On growth, KURA SUSHI USA, INC. posted the faster year-over-year revenue change (14.0% vs -15.5%). Over the past eight quarters, KURA SUSHI USA, INC.'s revenue compounded faster (13.2% 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.

Kura Sushi, Inc. is a Japanese conveyor belt sushi restaurant chain. It is the second largest sushi restaurant chain in Japan, behind Sushiro and ahead of Hama Sushi. Its headquarters are in Sakai, Osaka Prefecture. It has 543 locations in Japan, 56 in Taiwan, and 69 in the United States.

ASC vs KRUS — Head-to-Head

Bigger by revenue
ASC
ASC
1.1× larger
ASC
$81.2M
$73.5M
KRUS
Growing faster (revenue YoY)
KRUS
KRUS
+29.4% gap
KRUS
14.0%
-15.5%
ASC
Higher net margin
ASC
ASC
19.9% more per $
ASC
15.7%
-4.2%
KRUS
Faster 2-yr revenue CAGR
KRUS
KRUS
Annualised
KRUS
13.2%
-6.0%
ASC

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
ASC
ASC
KRUS
KRUS
Revenue
$81.2M
$73.5M
Net Profit
$12.8M
$-3.1M
Gross Margin
Operating Margin
16.1%
-5.0%
Net Margin
15.7%
-4.2%
Revenue YoY
-15.5%
14.0%
Net Profit YoY
-47.0%
-218.4%
EPS (diluted)
$0.30
$-0.25

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
KRUS
KRUS
Q4 25
$73.5M
Q3 25
$81.2M
$79.4M
Q2 25
$72.0M
$74.0M
Q1 25
$74.0M
$64.9M
Q4 24
$64.5M
Q3 24
$96.1M
$66.0M
Q2 24
$121.3M
$63.1M
Q1 24
$106.3M
$57.3M
Net Profit
ASC
ASC
KRUS
KRUS
Q4 25
$-3.1M
Q3 25
$12.8M
$2.3M
Q2 25
$9.6M
$565.0K
Q1 25
$6.3M
$-3.8M
Q4 24
$-961.0K
Q3 24
$24.1M
$-5.2M
Q2 24
$62.7M
$-558.0K
Q1 24
$39.2M
$-998.0K
Operating Margin
ASC
ASC
KRUS
KRUS
Q4 25
-5.0%
Q3 25
16.1%
1.8%
Q2 25
13.5%
-0.2%
Q1 25
8.6%
-7.1%
Q4 24
-2.3%
Q3 24
25.4%
-8.8%
Q2 24
51.3%
-1.9%
Q1 24
37.2%
-2.9%
Net Margin
ASC
ASC
KRUS
KRUS
Q4 25
-4.2%
Q3 25
15.7%
2.9%
Q2 25
13.3%
0.8%
Q1 25
8.5%
-5.8%
Q4 24
-1.5%
Q3 24
25.1%
-7.9%
Q2 24
51.7%
-0.9%
Q1 24
36.9%
-1.7%
EPS (diluted)
ASC
ASC
KRUS
KRUS
Q4 25
$-0.25
Q3 25
$0.30
$0.18
Q2 25
$0.22
$0.05
Q1 25
$0.14
$-0.31
Q4 24
$-0.08
Q3 24
$0.55
$-0.47
Q2 24
$1.47
$-0.05
Q1 24
$0.92
$-0.09

Balance Sheet & Financial Strength

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

Metric
ASC
ASC
KRUS
KRUS
Cash + ST InvestmentsLiquidity on hand
$50.7M
Total DebtLower is stronger
$116.1M
Stockholders' EquityBook value
$628.2M
$229.2M
Total Assets
$799.8M
$443.5M
Debt / EquityLower = less leverage
0.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASC
ASC
KRUS
KRUS
Q4 25
$50.7M
Q3 25
$62.5M
Q2 25
$60.5M
Q1 25
$85.2M
Q4 24
$107.7M
Q3 24
$51.0M
Q2 24
$60.7M
Q1 24
$62.8M
Total Debt
ASC
ASC
KRUS
KRUS
Q4 25
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
Stockholders' Equity
ASC
ASC
KRUS
KRUS
Q4 25
$229.2M
Q3 25
$628.2M
$231.1M
Q2 25
$618.3M
$227.0M
Q1 25
$610.7M
$225.0M
Q4 24
$227.6M
Q3 24
$627.0M
$162.5M
Q2 24
$617.7M
$166.4M
Q1 24
$567.9M
$165.3M
Total Assets
ASC
ASC
KRUS
KRUS
Q4 25
$443.5M
Q3 25
$799.8M
$430.9M
Q2 25
$703.8M
$419.4M
Q1 25
$690.4M
$410.4M
Q4 24
$403.8M
Q3 24
$722.8M
$328.5M
Q2 24
$742.0M
$324.7M
Q1 24
$704.1M
$315.5M
Debt / Equity
ASC
ASC
KRUS
KRUS
Q4 25
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×

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
KRUS
KRUS
Operating Cash FlowLast quarter
$17.9M
$529.0K
Free Cash FlowOCF − Capex
$-13.3M
FCF MarginFCF / Revenue
-18.1%
Capex IntensityCapex / Revenue
18.8%
Cash ConversionOCF / Net Profit
1.40×
TTM Free Cash FlowTrailing 4 quarters
$-27.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASC
ASC
KRUS
KRUS
Q4 25
$529.0K
Q3 25
$17.9M
$9.4M
Q2 25
$11.2M
$6.7M
Q1 25
$26.3M
$4.3M
Q4 24
$4.4M
Q3 24
$39.9M
$669.0K
Q2 24
$48.4M
$8.7M
Q1 24
$49.2M
$3.8M
Free Cash Flow
ASC
ASC
KRUS
KRUS
Q4 25
$-13.3M
Q3 25
$-79.0K
Q2 25
$-6.9M
Q1 25
$-7.3M
Q4 24
$-7.2M
Q3 24
$-9.6M
Q2 24
$-2.4M
Q1 24
$-9.7M
FCF Margin
ASC
ASC
KRUS
KRUS
Q4 25
-18.1%
Q3 25
-0.1%
Q2 25
-9.3%
Q1 25
-11.2%
Q4 24
-11.2%
Q3 24
-14.6%
Q2 24
-3.8%
Q1 24
-16.9%
Capex Intensity
ASC
ASC
KRUS
KRUS
Q4 25
18.8%
Q3 25
11.9%
Q2 25
18.4%
Q1 25
17.8%
Q4 24
17.9%
Q3 24
15.6%
Q2 24
17.6%
Q1 24
23.5%
Cash Conversion
ASC
ASC
KRUS
KRUS
Q4 25
Q3 25
1.40×
4.12×
Q2 25
1.17×
11.88×
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.

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