TNK vs. ASC
Compare and contrast key facts about Teekay Tankers Ltd. (TNK) and Ardmore Shipping Corporation (ASC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TNK or ASC.
Correlation
The correlation between TNK and ASC is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
TNK vs. ASC - Performance Comparison
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Key characteristics
TNK:
-0.82
ASC:
-1.36
TNK:
-0.99
ASC:
-2.05
TNK:
0.89
ASC:
0.77
TNK:
-0.38
ASC:
-0.82
TNK:
-0.87
ASC:
-1.28
TNK:
34.58%
ASC:
39.23%
TNK:
40.15%
ASC:
38.88%
TNK:
-95.79%
ASC:
-80.11%
TNK:
-71.12%
ASC:
-55.02%
Fundamentals
TNK:
$1.57B
ASC:
$403.40M
TNK:
$9.52
ASC:
$3.14
TNK:
4.79
ASC:
3.16
TNK:
31.59
ASC:
-6.04
TNK:
1.44
ASC:
1.08
TNK:
0.86
ASC:
0.65
TNK:
$1.12B
ASC:
$299.48M
TNK:
$298.77M
ASC:
$116.71M
TNK:
$328.41M
ASC:
$111.15M
Returns By Period
In the year-to-date period, TNK achieves a 16.10% return, which is significantly higher than ASC's -17.64% return. Over the past 10 years, TNK has underperformed ASC with an annualized return of -0.48%, while ASC has yielded a comparatively higher 0.23% annualized return.
TNK
16.10%
22.73%
3.07%
-32.84%
25.23%
-0.48%
ASC
-17.64%
14.02%
-14.92%
-52.82%
19.09%
0.23%
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Risk-Adjusted Performance
TNK vs. ASC — Risk-Adjusted Performance Rank
TNK
ASC
TNK vs. ASC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Teekay Tankers Ltd. (TNK) and Ardmore Shipping Corporation (ASC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
TNK vs. ASC - Dividend Comparison
TNK's dividend yield for the trailing twelve months is around 5.99%, less than ASC's 9.58% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TNK Teekay Tankers Ltd. | 5.99% | 6.91% | 3.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.40% | 1.07% | 1.66% | 0.22% | 0.30% |
ASC Ardmore Shipping Corporation | 9.58% | 8.89% | 8.16% | 0.00% | 0.00% | 1.53% | 0.00% | 0.00% | 0.00% | 5.41% | 4.80% | 3.34% |
Drawdowns
TNK vs. ASC - Drawdown Comparison
The maximum TNK drawdown since its inception was -95.79%, which is greater than ASC's maximum drawdown of -80.11%. Use the drawdown chart below to compare losses from any high point for TNK and ASC. For additional features, visit the drawdowns tool.
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Volatility
TNK vs. ASC - Volatility Comparison
Teekay Tankers Ltd. (TNK) has a higher volatility of 11.02% compared to Ardmore Shipping Corporation (ASC) at 7.30%. This indicates that TNK's price experiences larger fluctuations and is considered to be riskier than ASC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
TNK vs. ASC - Financials Comparison
This section allows you to compare key financial metrics between Teekay Tankers Ltd. and Ardmore Shipping Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
TNK vs. ASC - Profitability Comparison
TNK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Teekay Tankers Ltd. reported a gross profit of 45.96M and revenue of 231.64M. Therefore, the gross margin over that period was 19.8%.
ASC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Ardmore Shipping Corporation reported a gross profit of 23.53M and revenue of 82.04M. Therefore, the gross margin over that period was 28.7%.
TNK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Teekay Tankers Ltd. reported an operating income of 36.24M and revenue of 231.64M, resulting in an operating margin of 15.7%.
ASC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Ardmore Shipping Corporation reported an operating income of 11.47M and revenue of 82.04M, resulting in an operating margin of 14.0%.
TNK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Teekay Tankers Ltd. reported a net income of 76.03M and revenue of 231.64M, resulting in a net margin of 32.8%.
ASC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Ardmore Shipping Corporation reported a net income of 6.94M and revenue of 82.04M, resulting in a net margin of 8.5%.