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Side-by-side financial comparison of Ardmore Shipping Corp (ASC) and Kennedy-Wilson Holdings, Inc. (KW). Click either name above to swap in a different company.

Kennedy-Wilson Holdings, Inc. is the larger business by last-quarter revenue ($120.6M vs $81.2M, roughly 1.5× Ardmore Shipping Corp). Kennedy-Wilson Holdings, Inc. runs the higher net margin — 48.1% vs 15.7%, a 32.4% gap on every dollar of revenue. On growth, Kennedy-Wilson Holdings, Inc. posted the faster year-over-year revenue change (-11.0% vs -15.5%). Over the past eight quarters, Kennedy-Wilson Holdings, Inc.'s revenue compounded faster (-6.0% 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.

Kennedy Wilson is a real estate investment company headquartered in Beverly Hills, California, United States.

ASC vs KW — Head-to-Head

Bigger by revenue
KW
KW
1.5× larger
KW
$120.6M
$81.2M
ASC
Growing faster (revenue YoY)
KW
KW
+4.5% gap
KW
-11.0%
-15.5%
ASC
Higher net margin
KW
KW
32.4% more per $
KW
48.1%
15.7%
ASC
Faster 2-yr revenue CAGR
KW
KW
Annualised
KW
-6.0%
-6.0%
ASC

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ASC
ASC
KW
KW
Revenue
$81.2M
$120.6M
Net Profit
$12.8M
$58.0M
Gross Margin
Operating Margin
16.1%
57.3%
Net Margin
15.7%
48.1%
Revenue YoY
-15.5%
-11.0%
Net Profit YoY
-47.0%
32.7%
EPS (diluted)
$0.30
$0.22

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
KW
KW
Q4 25
$120.6M
Q3 25
$81.2M
$116.4M
Q2 25
$72.0M
$135.7M
Q1 25
$74.0M
$128.3M
Q4 24
$135.5M
Q3 24
$96.1M
$127.5M
Q2 24
$121.3M
$132.0M
Q1 24
$106.3M
$136.4M
Net Profit
ASC
ASC
KW
KW
Q4 25
$58.0M
Q3 25
$12.8M
$-10.2M
Q2 25
$9.6M
$5.6M
Q1 25
$6.3M
$-29.6M
Q4 24
$43.7M
Q3 24
$24.1M
$-66.8M
Q2 24
$62.7M
$-48.3M
Q1 24
$39.2M
$37.7M
Operating Margin
ASC
ASC
KW
KW
Q4 25
57.3%
Q3 25
16.1%
-6.2%
Q2 25
13.5%
7.4%
Q1 25
8.6%
-26.9%
Q4 24
36.7%
Q3 24
25.4%
-60.8%
Q2 24
51.3%
-45.5%
Q1 24
37.2%
47.2%
Net Margin
ASC
ASC
KW
KW
Q4 25
48.1%
Q3 25
15.7%
-8.8%
Q2 25
13.3%
4.1%
Q1 25
8.5%
-23.1%
Q4 24
32.3%
Q3 24
25.1%
-52.4%
Q2 24
51.7%
-36.6%
Q1 24
36.9%
27.6%
EPS (diluted)
ASC
ASC
KW
KW
Q4 25
$0.22
Q3 25
$0.30
$-0.15
Q2 25
$0.22
$-0.05
Q1 25
$0.14
$-0.30
Q4 24
$0.24
Q3 24
$0.55
$-0.56
Q2 24
$1.47
$-0.43
Q1 24
$0.92
$0.19

Balance Sheet & Financial Strength

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

Metric
ASC
ASC
KW
KW
Cash + ST InvestmentsLiquidity on hand
$184.5M
Total DebtLower is stronger
$116.1M
Stockholders' EquityBook value
$628.2M
$1.5B
Total Assets
$799.8M
$6.6B
Debt / EquityLower = less leverage
0.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASC
ASC
KW
KW
Q4 25
$184.5M
Q3 25
$382.6M
Q2 25
$309.1M
Q1 25
$356.6M
Q4 24
$217.5M
Q3 24
$367.1M
Q2 24
$366.5M
Q1 24
$541.9M
Total Debt
ASC
ASC
KW
KW
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
KW
KW
Q4 25
$1.5B
Q3 25
$628.2M
$1.5B
Q2 25
$618.3M
$1.6B
Q1 25
$610.7M
$1.6B
Q4 24
$1.6B
Q3 24
$627.0M
$1.6B
Q2 24
$617.7M
$1.7B
Q1 24
$567.9M
$1.7B
Total Assets
ASC
ASC
KW
KW
Q4 25
$6.6B
Q3 25
$799.8M
$6.7B
Q2 25
$703.8M
$6.8B
Q1 25
$690.4M
$7.2B
Q4 24
$7.0B
Q3 24
$722.8M
$7.4B
Q2 24
$742.0M
$7.5B
Q1 24
$704.1M
$7.7B
Debt / Equity
ASC
ASC
KW
KW
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
KW
KW
Operating Cash FlowLast quarter
$17.9M
$11.4M
Free Cash FlowOCF − Capex
$-55.2M
FCF MarginFCF / Revenue
-45.8%
Capex IntensityCapex / Revenue
55.2%
Cash ConversionOCF / Net Profit
1.40×
0.20×
TTM Free Cash FlowTrailing 4 quarters
$-103.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASC
ASC
KW
KW
Q4 25
$11.4M
Q3 25
$17.9M
$-7.6M
Q2 25
$11.2M
$42.0M
Q1 25
$26.3M
$-51.9M
Q4 24
$55.1M
Q3 24
$39.9M
$-5.6M
Q2 24
$48.4M
$36.7M
Q1 24
$49.2M
$-5.6M
Free Cash Flow
ASC
ASC
KW
KW
Q4 25
$-55.2M
Q3 25
$-18.0M
Q2 25
$29.4M
Q1 25
$-59.7M
Q4 24
$-76.5M
Q3 24
$-27.7M
Q2 24
$-500.0K
Q1 24
$-57.1M
FCF Margin
ASC
ASC
KW
KW
Q4 25
-45.8%
Q3 25
-15.5%
Q2 25
21.7%
Q1 25
-46.5%
Q4 24
-56.5%
Q3 24
-21.7%
Q2 24
-0.4%
Q1 24
-41.9%
Capex Intensity
ASC
ASC
KW
KW
Q4 25
55.2%
Q3 25
8.9%
Q2 25
9.3%
Q1 25
6.1%
Q4 24
97.1%
Q3 24
17.3%
Q2 24
28.2%
Q1 24
37.8%
Cash Conversion
ASC
ASC
KW
KW
Q4 25
0.20×
Q3 25
1.40×
Q2 25
1.17×
7.50×
Q1 25
4.20×
Q4 24
1.26×
Q3 24
1.65×
Q2 24
0.77×
Q1 24
1.25×
-0.15×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ASC
ASC

Segment breakdown not available.

KW
KW

Consolidated Portfolio Segment$84.9M70%
Investment Management Fees$30.4M25%
Real Estate$5.1M4%

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