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

UNITIL CORP is the larger business by last-quarter revenue ($161.5M vs $81.2M, roughly 2.0× Ardmore Shipping Corp). Ardmore Shipping Corp runs the higher net margin — 15.7% vs 11.8%, a 4.0% gap on every dollar of revenue. On growth, UNITIL CORP posted the faster year-over-year revenue change (26.7% vs -15.5%). Over the past eight quarters, UNITIL CORP's revenue compounded faster (-4.9% 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.

Unitil Corporation is an interstate electricity and natural gas utility company that provides services for New Hampshire, Massachusetts and Maine. Its earliest predecessor company, the Portland Gas Light Company, was founded in Maine in 1849. The current company was set up in 1984 and is based in New Hampshire. With a market cap of 686.51M, it provides electric services to about 102,400 customers and natural gas to over 75,900 customers. The service territory of Unitil includes business distr...

ASC vs UTL — Head-to-Head

Bigger by revenue
UTL
UTL
2.0× larger
UTL
$161.5M
$81.2M
ASC
Growing faster (revenue YoY)
UTL
UTL
+42.1% gap
UTL
26.7%
-15.5%
ASC
Higher net margin
ASC
ASC
4.0% more per $
ASC
15.7%
11.8%
UTL
Faster 2-yr revenue CAGR
UTL
UTL
Annualised
UTL
-4.9%
-6.0%
ASC

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ASC
ASC
UTL
UTL
Revenue
$81.2M
$161.5M
Net Profit
$12.8M
$19.0M
Gross Margin
Operating Margin
16.1%
21.5%
Net Margin
15.7%
11.8%
Revenue YoY
-15.5%
26.7%
Net Profit YoY
-47.0%
21.8%
EPS (diluted)
$0.30
$1.05

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
UTL
UTL
Q4 25
$161.5M
Q3 25
$81.2M
$101.1M
Q2 25
$72.0M
$102.6M
Q1 25
$74.0M
$170.8M
Q4 24
$127.5M
Q3 24
$96.1M
$92.9M
Q2 24
$121.3M
$95.7M
Q1 24
$106.3M
$178.7M
Net Profit
ASC
ASC
UTL
UTL
Q4 25
$19.0M
Q3 25
$12.8M
$-300.0K
Q2 25
$9.6M
$4.0M
Q1 25
$6.3M
$27.5M
Q4 24
$15.6M
Q3 24
$24.1M
$0
Q2 24
$62.7M
$4.3M
Q1 24
$39.2M
$27.2M
Operating Margin
ASC
ASC
UTL
UTL
Q4 25
21.5%
Q3 25
16.1%
6.9%
Q2 25
13.5%
13.0%
Q1 25
8.6%
27.0%
Q4 24
22.1%
Q3 24
25.4%
6.2%
Q2 24
51.3%
13.0%
Q1 24
37.2%
24.7%
Net Margin
ASC
ASC
UTL
UTL
Q4 25
11.8%
Q3 25
15.7%
-0.3%
Q2 25
13.3%
3.9%
Q1 25
8.5%
16.1%
Q4 24
12.2%
Q3 24
25.1%
Q2 24
51.7%
4.5%
Q1 24
36.9%
15.2%
EPS (diluted)
ASC
ASC
UTL
UTL
Q4 25
$1.05
Q3 25
$0.30
$-0.02
Q2 25
$0.22
$0.25
Q1 25
$0.14
$1.69
Q4 24
$0.97
Q3 24
$0.55
$0.00
Q2 24
$1.47
$0.27
Q1 24
$0.92
$1.69

Balance Sheet & Financial Strength

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

Metric
ASC
ASC
UTL
UTL
Cash + ST InvestmentsLiquidity on hand
$15.6M
Total DebtLower is stronger
$116.1M
$670.5M
Stockholders' EquityBook value
$628.2M
$609.6M
Total Assets
$799.8M
$2.1B
Debt / EquityLower = less leverage
0.18×
1.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASC
ASC
UTL
UTL
Q4 25
$15.6M
Q3 25
$14.6M
Q2 25
$8.5M
Q1 25
$10.2M
Q4 24
$6.3M
Q3 24
$6.3M
Q2 24
$2.8M
Q1 24
$6.3M
Total Debt
ASC
ASC
UTL
UTL
Q4 25
$670.5M
Q3 25
$116.1M
$670.5M
Q2 25
$25.0M
$640.7M
Q1 25
$20.5M
$642.1M
Q4 24
$643.3M
Q3 24
$22.5M
$643.3M
Q2 24
$44.2M
$511.3M
Q1 24
$23.1M
$512.8M
Stockholders' Equity
ASC
ASC
UTL
UTL
Q4 25
$609.6M
Q3 25
$628.2M
$597.2M
Q2 25
$618.3M
$532.8M
Q1 25
$610.7M
$534.1M
Q4 24
$512.5M
Q3 24
$627.0M
$502.4M
Q2 24
$617.7M
$508.8M
Q1 24
$567.9M
$510.8M
Total Assets
ASC
ASC
UTL
UTL
Q4 25
$2.1B
Q3 25
$799.8M
$1.9B
Q2 25
$703.8M
$1.9B
Q1 25
$690.4M
$1.9B
Q4 24
$1.8B
Q3 24
$722.8M
$1.7B
Q2 24
$742.0M
$1.7B
Q1 24
$704.1M
$1.7B
Debt / Equity
ASC
ASC
UTL
UTL
Q4 25
1.10×
Q3 25
0.18×
1.12×
Q2 25
0.04×
1.20×
Q1 25
0.03×
1.20×
Q4 24
1.26×
Q3 24
0.04×
1.28×
Q2 24
0.07×
1.00×
Q1 24
0.04×
1.00×

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
UTL
UTL
Operating Cash FlowLast quarter
$17.9M
$21.4M
Free Cash FlowOCF − Capex
$-36.3M
FCF MarginFCF / Revenue
-22.5%
Capex IntensityCapex / Revenue
35.7%
Cash ConversionOCF / Net Profit
1.40×
1.13×
TTM Free Cash FlowTrailing 4 quarters
$-53.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASC
ASC
UTL
UTL
Q4 25
$21.4M
Q3 25
$17.9M
$15.6M
Q2 25
$11.2M
$42.2M
Q1 25
$26.3M
$52.1M
Q4 24
$23.3M
Q3 24
$39.9M
$26.1M
Q2 24
$48.4M
$49.9M
Q1 24
$49.2M
$26.6M
Free Cash Flow
ASC
ASC
UTL
UTL
Q4 25
$-36.3M
Q3 25
$-39.0M
Q2 25
$2.0M
Q1 25
$19.5M
Q4 24
$-32.3M
Q3 24
$-31.3M
Q2 24
$13.2M
Q1 24
$6.4M
FCF Margin
ASC
ASC
UTL
UTL
Q4 25
-22.5%
Q3 25
-38.6%
Q2 25
1.9%
Q1 25
11.4%
Q4 24
-25.3%
Q3 24
-33.7%
Q2 24
13.8%
Q1 24
3.6%
Capex Intensity
ASC
ASC
UTL
UTL
Q4 25
35.7%
Q3 25
54.0%
Q2 25
39.2%
Q1 25
19.1%
Q4 24
43.6%
Q3 24
61.8%
Q2 24
38.3%
Q1 24
11.3%
Cash Conversion
ASC
ASC
UTL
UTL
Q4 25
1.13×
Q3 25
1.40×
Q2 25
1.17×
10.55×
Q1 25
4.20×
1.89×
Q4 24
1.49×
Q3 24
1.65×
Q2 24
0.77×
11.60×
Q1 24
1.25×
0.98×

Financial Flow Comparison

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

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