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Side-by-side financial comparison of Ardmore Shipping Corp (ASC) and 1ST SOURCE CORP (SRCE). Click either name above to swap in a different company.

1ST SOURCE CORP is the larger business by last-quarter revenue ($113.1M vs $81.2M, roughly 1.4× Ardmore Shipping Corp). 1ST SOURCE CORP runs the higher net margin — 35.3% vs 15.7%, a 19.6% gap on every dollar of revenue. On growth, 1ST SOURCE CORP posted the faster year-over-year revenue change (8.7% vs -15.5%). Over the past eight quarters, 1ST SOURCE CORP's revenue compounded faster (7.8% 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.

1st Source Corporation is a financial services company headquartered in South Bend, Indiana. It operates 1st Source Bank, a bank with 81 branches in Indiana and Michigan. The bank's Specialty Finance Group provides financing for aircraft, trucks, and construction equipment. 1st Source Insurance provides insurance products and services.

ASC vs SRCE — Head-to-Head

Bigger by revenue
SRCE
SRCE
1.4× larger
SRCE
$113.1M
$81.2M
ASC
Growing faster (revenue YoY)
SRCE
SRCE
+24.2% gap
SRCE
8.7%
-15.5%
ASC
Higher net margin
SRCE
SRCE
19.6% more per $
SRCE
35.3%
15.7%
ASC
Faster 2-yr revenue CAGR
SRCE
SRCE
Annualised
SRCE
7.8%
-6.0%
ASC

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
ASC
ASC
SRCE
SRCE
Revenue
$81.2M
$113.1M
Net Profit
$12.8M
$40.0M
Gross Margin
Operating Margin
16.1%
45.4%
Net Margin
15.7%
35.3%
Revenue YoY
-15.5%
8.7%
Net Profit YoY
-47.0%
6.5%
EPS (diluted)
$0.30
$1.63

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
SRCE
SRCE
Q1 26
$113.1M
Q4 25
$110.8M
Q3 25
$81.2M
$110.7M
Q2 25
$72.0M
$108.2M
Q1 25
$74.0M
$104.0M
Q4 24
$97.8M
Q3 24
$96.1M
$97.9M
Q2 24
$121.3M
$97.3M
Net Profit
ASC
ASC
SRCE
SRCE
Q1 26
$40.0M
Q4 25
$41.1M
Q3 25
$12.8M
$42.3M
Q2 25
$9.6M
$37.3M
Q1 25
$6.3M
$37.5M
Q4 24
$31.4M
Q3 24
$24.1M
$34.9M
Q2 24
$62.7M
$36.8M
Operating Margin
ASC
ASC
SRCE
SRCE
Q1 26
45.4%
Q4 25
Q3 25
16.1%
49.7%
Q2 25
13.5%
44.5%
Q1 25
8.6%
45.8%
Q4 24
Q3 24
25.4%
46.3%
Q2 24
51.3%
49.1%
Net Margin
ASC
ASC
SRCE
SRCE
Q1 26
35.3%
Q4 25
37.1%
Q3 25
15.7%
38.2%
Q2 25
13.3%
34.5%
Q1 25
8.5%
36.1%
Q4 24
32.1%
Q3 24
25.1%
35.7%
Q2 24
51.7%
37.8%
EPS (diluted)
ASC
ASC
SRCE
SRCE
Q1 26
$1.63
Q4 25
$1.67
Q3 25
$0.30
$1.71
Q2 25
$0.22
$1.51
Q1 25
$0.14
$1.52
Q4 24
$1.27
Q3 24
$0.55
$1.41
Q2 24
$1.47
$1.49

Balance Sheet & Financial Strength

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

Metric
ASC
ASC
SRCE
SRCE
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$116.1M
Stockholders' EquityBook value
$628.2M
$1.3B
Total Assets
$799.8M
$9.1B
Debt / EquityLower = less leverage
0.18×

8-quarter trend — quarters aligned by calendar period.

Total Debt
ASC
ASC
SRCE
SRCE
Q1 26
Q4 25
Q3 25
$116.1M
Q2 25
$25.0M
Q1 25
$20.5M
Q4 24
Q3 24
$22.5M
Q2 24
$44.2M
Stockholders' Equity
ASC
ASC
SRCE
SRCE
Q1 26
$1.3B
Q4 25
$1.3B
Q3 25
$628.2M
$1.2B
Q2 25
$618.3M
$1.2B
Q1 25
$610.7M
$1.2B
Q4 24
$1.1B
Q3 24
$627.0M
$1.1B
Q2 24
$617.7M
$1.0B
Total Assets
ASC
ASC
SRCE
SRCE
Q1 26
$9.1B
Q4 25
$9.1B
Q3 25
$799.8M
$9.1B
Q2 25
$703.8M
$9.1B
Q1 25
$690.4M
$9.0B
Q4 24
$8.9B
Q3 24
$722.8M
$8.8B
Q2 24
$742.0M
$8.9B
Debt / Equity
ASC
ASC
SRCE
SRCE
Q1 26
Q4 25
Q3 25
0.18×
Q2 25
0.04×
Q1 25
0.03×
Q4 24
Q3 24
0.04×
Q2 24
0.07×

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
SRCE
SRCE
Operating Cash FlowLast quarter
$17.9M
$59.1M
Free Cash FlowOCF − Capex
$58.1M
FCF MarginFCF / Revenue
51.4%
Capex IntensityCapex / Revenue
0.9%
Cash ConversionOCF / Net Profit
1.40×
1.48×
TTM Free Cash FlowTrailing 4 quarters
$361.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASC
ASC
SRCE
SRCE
Q1 26
$59.1M
Q4 25
$223.1M
Q3 25
$17.9M
$51.0M
Q2 25
$11.2M
$44.9M
Q1 25
$26.3M
$71.8M
Q4 24
$193.9M
Q3 24
$39.9M
$68.4M
Q2 24
$48.4M
$50.0M
Free Cash Flow
ASC
ASC
SRCE
SRCE
Q1 26
$58.1M
Q4 25
$213.0M
Q3 25
$47.3M
Q2 25
$43.0M
Q1 25
$69.3M
Q4 24
$181.5M
Q3 24
$66.7M
Q2 24
$46.4M
FCF Margin
ASC
ASC
SRCE
SRCE
Q1 26
51.4%
Q4 25
192.2%
Q3 25
42.7%
Q2 25
39.8%
Q1 25
66.6%
Q4 24
185.5%
Q3 24
68.1%
Q2 24
47.7%
Capex Intensity
ASC
ASC
SRCE
SRCE
Q1 26
0.9%
Q4 25
9.1%
Q3 25
3.4%
Q2 25
1.7%
Q1 25
2.4%
Q4 24
12.6%
Q3 24
1.7%
Q2 24
3.7%
Cash Conversion
ASC
ASC
SRCE
SRCE
Q1 26
1.48×
Q4 25
5.42×
Q3 25
1.40×
1.21×
Q2 25
1.17×
1.20×
Q1 25
4.20×
1.91×
Q4 24
6.17×
Q3 24
1.65×
1.96×
Q2 24
0.77×
1.36×

Financial Flow Comparison

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

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