Scorpio Tankers Inc. (STNG) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$4.55	$4.68	+2.9%	—	$408.7M	—
Q1 26	$2.71	$3.02	+11.4%	—	$312.9M	—
Q4 25	$1.53	$1.62	+5.9%	—	$252.7M	—
Q3 25	$1.44	$1.49	+3.5%	—	$241.4M	—
Q2 25	$1.06	$1.47	+38.7%	—	$230.2M	—
Q1 25	$0.74	$1.03	+39.2%	—	$214M	—
Q4 24	$0.57	$0.63	+10.5%	—	$204M	—
Q3 24	$1.88	$1.75	-6.9%	—	$268M	—
Q2 24	$3.54	$3.6	+1.7%	—	$380.7M	—
Q1 24	$3.65	$3.97	+8.8%	—	$391.3M	—
Q4 23	$2.61	$2.75	+5.4%	—	$336.3M	—
Q3 23	$1.52	$1.91	+25.7%	—	$291.2M	—
Q2 23	$2.46	$2.41	-2.0%	—	$329.3M	—
Q1 23	$3.15	$3.31	+5.1%	—	$384.4M	—
Q4 22	$4.23	$4.24	+0.2%	—	$493.8M	—
Q3 22	$4.07	$4.29	+5.4%	—	$490M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$7.4	—	—	$938.2M	—
FY24	—	$13.8	—	—	$1.2B	—
FY23	—	$10.4	—	—	$1.3B	—
FY22	—	$11.5	—	—	$1.6B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$522.7M	$512.7M	$585M	$704.3M	$915.9M	$540.8M	$1.6B	$1.3B	$1.2B	$938.2M
YoY change	-30.8%	-1.92%	+14.1%	+20.4%	+30%	-41%	+189%	-14.2%	-7.25%	-24.6%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	522.7M	512.7M	585M	704.3M	915.9M	540.8M	1.6B	1.3B	1.2B	938.2M
Cost of revenue	389M	456.1M	522M	512.1M	587.5M	578.5M	623.3M	531.3M	534.8M	505.1M
Gross profit	133.7M	56.6M	63.1M	192.3M	328.4M	-37.8M	939.6M	809.9M	709.1M	433.1M
Gross margin	25.6%	11%	10.8%	27.3%	35.9%	-6.98%	60.1%	60.4%	57%	46.2%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	54.9M	47.5M	52.3M	62.3M	66.2M	52.7M	88.1M	106.3M	121M	123.4M
Operating expenses	54.9M	47.5M	52.3M	62.3M	66.2M	52.7M	88.1M	106.3M	121M	123.4M
Operating income	78.8M	9.1M	10.8M	130M	262.2M	-90.5M	851.5M	703.6M	588.1M	309.7M
Operating margin	15.1%	1.77%	1.85%	18.5%	28.6%	-16.7%	54.5%	52.5%	47.3%	33%
Non-operating income, net	-895K	-52.6M	-18.7M	-409K	-14.3M	-7M	-62.8M	-9.1M	165.8M	86.9M
Pretax income	-24.9M	-158.2M	-190.1M	-48.5M	94.1M	-234.4M	637.3M	546.9M	668.8M	344.3M
Income tax	—	—	—	—	—	—	—	—	—	—
Net income	-24.9M	-158.2M	-190.1M	-48.5M	94.1M	-234.4M	637.3M	546.9M	668.8M	344.3M
Net margin	-4.76%	-30.9%	-32.5%	-6.88%	10.3%	-43.4%	40.8%	40.8%	53.8%	36.7%
EBITDA	172.7M	137.7M	149.8M	336.2M	501M	142.4M	1.1B	923.8M	789M	511.2M
EPS	-1.5	-7.3	-5.46	-0.97	1.72	-4.28	11.5	10.4	13.8	7.4
Diluted EPS	-1.5	-7.3	-5.46	-0.97	1.67	-4.28	10.3	10	13.2	7.03

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	291.2M	336.3M	391.3M	380.7M	268M	204M	214M	230.2M	241.4M	252.7M	312.9M	408.7M
Cost of revenue	132.3M	136.8M	127.6M	133.1M	136.2M	137.9M	125.1M	121.5M	129.1M	129.4M	120.1M	118M
Gross profit	158.9M	199.5M	263.7M	247.5M	131.7M	66.1M	88.9M	108.7M	112.2M	123.3M	192.7M	290.7M
Gross margin	54.6%	59.3%	67.4%	65%	49.2%	32.4%	41.6%	47.2%	46.5%	48.8%	61.6%	71.1%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	24.6M	32.1M	30.1M	37.1M	30M	23.9M	28.5M	29.6M	29.6M	35.7M	39.1M	46.5M
Operating expenses	24.6M	32.1M	30.1M	37.1M	30M	23.9M	28.5M	29.6M	29.6M	35.7M	39.1M	46.5M
Operating income	134.3M	167.3M	233.6M	210.4M	101.8M	42.3M	60.4M	79.1M	82.6M	87.6M	153.6M	244.2M
Operating margin	46.1%	49.8%	59.7%	55.3%	38%	20.7%	28.2%	34.3%	34.2%	34.7%	49.1%	59.7%
Non-operating income, net	9.7M	-21.2M	13M	44.7M	75M	33.1M	12.9M	11M	16.1M	46.9M	66.8M	164.6M
Pretax income	100.4M	120.9M	214.2M	227.3M	158.7M	68.6M	58.2M	73.5M	84.5M	128.1M	216.3M	387.5M
Income tax	—	—	—	—	—	—	—	—	—	—	—	—
Net income	100.4M	120.9M	214.2M	227.3M	158.7M	68.6M	58.2M	73.5M	84.5M	128.1M	216.3M	387.5M
Net margin	34.5%	35.9%	54.7%	59.7%	59.2%	33.6%	27.2%	31.9%	35%	50.7%	69.1%	94.8%
EBITDA	194.1M	216.2M	287.8M	264M	154.8M	82.4M	111.2M	127.3M	136M	133.2M	204.1M	305.7M
EPS	2.01	2.43	4.29	4.54	3.31	1.48	1.26	1.59	1.81	2.72	4.58	8.47
Diluted EPS	1.93	2.34	4.11	4.34	3.16	1.43	1.22	1.53	1.73	2.59	4.32	7.37

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	729.9M	—	—	—	611.7M	700.9M	3B	3.2B	2.4B	2.4B	4.2B
Enterprise value	2.5B	—	—	—	3.5B	3.6B	4.5B	4.4B	2.9B	2.2B	2.6B
Shares outstanding	16.1M	21.5M	34.8M	49.9M	54.7M	54.7M	55.5M	52.4M	48.5M	46.6M	46.6M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	—	—	—	6.5	—	4.68	5.82	3.61	6.87	5.08
P/S	1.4	—	—	—	0.67	1.3	1.91	2.37	1.94	2.52	3.36
P/B	0.55	—	—	—	0.3	0.38	1.19	1.25	0.84	0.74	1.02
EV/EBITDA	14.6	—	—	—	6.93	25.2	4.28	4.78	3.63	4.37	3.72
EV/Sales	4.81	—	—	—	3.79	6.63	2.9	3.29	2.31	2.38	2.14
Earnings yield	—	—	—	—	15.4%	—	21.4%	17.2%	27.7%	14.5%	19.7%
FCF yield	7.08%	—	—	—	40%	3.74%	24.6%	26.5%	30.3%	17.6%	6.53%
PEG	—	—	—	—	—	—	—	—	—	—	0.01

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	25.6%	11%	10.8%	27.3%	35.9%	-6.98%	60.1%	60.4%	57%	46.2%	71.1%
Operating margin	15.1%	1.77%	1.85%	18.5%	28.6%	-16.7%	54.5%	52.5%	47.3%	33%	59.7%
Net margin	-4.76%	-30.9%	-32.5%	-6.88%	10.3%	-43.4%	40.8%	40.8%	53.8%	36.7%	67.2%
ROE	-1.89%	-9.39%	-10.3%	-2.45%	4.56%	-12.8%	25.4%	21.4%	23.3%	10.8%	24.6%
ROA	-0.77%	-3.52%	-3.97%	-0.94%	1.82%	-4.68%	14%	12.9%	17.4%	8.79%	8.24%
Return on tangible assets	-0.77%	-3.54%	-3.99%	-0.94%	1.83%	-4.69%	14%	13%	17.5%	8.82%	17.7%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	0.41	1.34	1.54	0.62	0.6	0.55	1.45	1.13	2.43	9.33	6.93
Quick ratio	0.39	1.29	1.52	0.61	0.57	0.53	1.42	1.12	2.39	9.23	6.89
Debt / equity	1.43	1.64	1.58	1.58	1.48	1.7	0.77	0.62	0.3	0.19	0.2
Debt / assets	0.58	0.62	0.61	0.6	0.59	0.62	0.42	0.38	0.22	0.16	0.16
Net debt / EBITDA	10.3	18.7	15.5	8.69	5.71	20.3	1.47	1.33	0.58	-0.26	-1.42
Interest coverage	0.67	-0.58	-0.17	0.73	1.65	-0.76	5.19	4.43	8.29	6.12	11.9

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	32.4	23.8	16.8	14.1	16.8	9.88	28.2	25.6	25.6	20.2	26
EPS (basic)	-1.5	-7.3	-5.46	-0.97	1.72	-4.28	11.5	10.4	13.8	7.4	7.4
EPS (diluted)	-1.5	-7.3	-5.46	-0.97	1.67	-4.28	10.3	10	13.2	7.03	16.1
Book value per share	81.6	78.3	52.8	39.7	37.8	33.6	45.2	48.8	59	68.7	80
FCF per share	3.21	-10.3	0.15	0.05	4.48	0.48	13.3	16.1	15.1	8.95	12.2
Cash per share	6.2	8.66	17	4.06	3.43	4.21	6.8	6.79	8.38	16.2	40.4
Capex per share	1.94	6.36	1.51	4.15	3.19	0.86	10.3	0.8	7.96	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	5.99%	26.7%	9.01%	29.4%	19%	8.71%	36.7%	3.12%	31.1%	—	—
Capex / operating cash flow	16%	-1.6K%	82.1%	95.1%	43.4%	63.4%	87.6%	4.79%	38.7%	—	—
Payout ratio	-349%	-6.04%	-7.96%	-43.9%	24.8%	-9.95%	3.66%	10.5%	12.5%	24%	10.7%
Dividend yield	11.9%	—	—	—	3.81%	3.33%	0.78%	1.81%	3.46%	3.49%	2.17%

Yield

2.17%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.45

ex-dividend Aug 17, 2026

Payout ratio

11%

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 17, 2026	$0.45
May 29, 2026	$0.45
Mar 6, 2026	$0.45
Aug 13, 2025	$0.40
May 30, 2025	$0.40

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$291.2M	$336.3M	$391.3M	$380.7M	$268M	$204M	$214M	$230.2M	$241.4M	$252.7M	$312.9M	$408.7M
YoY change	-40.6%	-31.9%	+1.8%	+15.6%	-7.97%	-39.4%	-45.3%	-39.5%	-9.94%	+23.9%	+46.2%	+77.5%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	99.9M	186.5M	593.7M	202.3M	187.5M	230.4M	376.9M	355.6M	406.7M	752M
Receivables	0	2.4M	22K	962K	0	820K	34.5M	557K	10M	5.3M
Inventory	6.1M	9.7M	8.3M	8.6M	9.3M	8.8M	15.6M	7.8M	10.2M	11.9M
Total current assets	157.5M	279.4M	687.3M	303M	242.2M	289.2M	687.3M	577.1M	576.3M	1.1B
Property, plant & equipment	-135.7M	-327.1M	-557.7M	-739.2M	-973.2M	-1.2B	-1.2B	-1.2B	-1.2B	-1.3B
Goodwill & intangibles	—	23M	23.1M	23.1M	17.8M	17.8M	16.4M	16.4M	16.4M	16.4M
Total assets	3.2B	4.5B	4.8B	5.2B	5.2B	5B	4.6B	4.2B	3.8B	3.9B
Accounts payable	15M	29.6M	21M	45.3M	28.8M	50.3M	46.7M	24.3M	34.4M	24.6M
Short-term debt	353M	163.2M	412.4M	421.7M	361.1M	467.9M	353M	427.7M	131.4M	19.1M
Total current liabilities	385.3M	209.1M	447.2M	486.2M	406.2M	527.8M	473.3M	510.4M	237.2M	118.8M
Long-term debt	1.5B	2.6B	2.5B	2.7B	2.7B	2.6B	1.6B	1.2B	730.6M	600.1M
Total liabilities	1.9B	2.8B	2.9B	3.2B	3.1B	3.2B	2.1B	1.7B	967.8M	718.8M
Shareholders' equity	1.3B	1.7B	1.8B	2B	2.1B	1.8B	2.5B	2.6B	2.9B	3.2B
Total debt	1.9B	2.8B	2.9B	3.1B	3B	3.1B	1.9B	1.6B	862M	619.2M
Net debt	1.8B	2.6B	2.3B	2.9B	2.9B	2.9B	1.6B	1.2B	529.4M	-132.8M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	364.9M	355.6M	369.5M	224.6M	289M	406.7M	537.6M	566.5M	651.7M	752M	984.3M	1.8B
Receivables	192.5M	557K	234.1M	227.7M	169.9M	10M	168.7M	4.7M	172.3M	5.3M	225.2M	244.6M
Inventory	8.5M	7.8M	8.2M	7.9M	8.6M	10.2M	13M	19.2M	11.6M	11.9M	10.9M	14.6M
Total current assets	585.3M	577.1M	653.4M	617M	535.6M	576.3M	729M	763.3M	967.9M	1.1B	1.4B	2.3B
Property, plant & equipment	—	-1.2B	—	—	—	-1.2B	—	-1.3B	—	-1.3B	69.1M	90.2M
Goodwill & intangibles	16.4M	16.4M	16.4M	16.4M	16.4M	16.4M	16.4M	16.4M	16.4M	16.4M	16.4M	16.4M
Total assets	4.3B	4.2B	4.2B	4B	3.8B	3.8B	4B	4B	4B	3.9B	4.1B	4.6B
Accounts payable	21.5M	24.3M	14M	13.8M	32.6M	34.4M	33.2M	27.6M	28.9M	24.6M	37.5M	38.9M
Short-term debt	611.7M	427.7M	329.9M	147.3M	135M	131.4M	93.3M	84.2M	130.7M	19.1M	21.3M	212.8M
Total current liabilities	706.4M	510.4M	408.5M	231.5M	242M	237.2M	173.7M	154.2M	201.4M	118.8M	103.3M	329.6M
Long-term debt	1.2B	1.2B	1B	835M	766.5M	730.6M	878M	825.7M	753.7M	600.1M	559.9M	516.1M
Total liabilities	1.9B	1.7B	1.5B	1.1B	1B	967.8M	1.1B	986.7M	955.1M	718.8M	666M	995.5M
Shareholders' equity	2.4B	2.6B	2.8B	2.9B	2.8B	2.9B	2.9B	3B	3.1B	3.2B	3.4B	3.6B
Total debt	1.8B	1.6B	1.4B	982.3M	901.4M	862M	971.3M	909.9M	884.4M	619.2M	581.2M	728.9M
Net debt	1.4B	1.2B	1B	757.6M	700.4M	529.4M	551.3M	438.8M	281.2M	-132.8M	-403.1M	-1.1B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	-24.9M	-158.2M	-190.1M	-48.5M	94.1M	-234.4M	637.3M	546.9M	668.8M	344.3M
Depreciation & amortization	121.5M	141.4M	176.7M	207M	245.8M	240.3M	206.8M	202.5M	185.3M	180.3M
Stock-based compensation	65K	0	0	27.4M	—	22.9M	20.4M	47.3M	62.5M	71.7M
Change in working capital	28.9M	-44.4M	-6.6M	-19.1M	16M	15.5M	-231.1M	67.1M	72.3M	-21.2M
Operating cash flow	195.9M	-8.7M	64.2M	217.7M	401.9M	74.3M	654.1M	872.3M	998.3M	491.2M
Capital expenditure	31.3M	-136.9M	-52.7M	-207M	-174.5M	-47.1M	573.2M	41.8M	386.4M	—
Investing cash flow	31.3M	-165.8M	-79.4M	-410.9M	-349M	-100.9M	571.5M	41.8M	295.3M	109.3M
Dividends paid	-86.9M	-9.6M	-15.1M	-21.3M	-23.3M	-23.3M	-23.3M	-57.7M	-83.5M	-82.5M
Share repurchases	-16.5M	-39.5M	-23.2M	-1K	-13.1M	0	-161.4M	-489.7M	-335.6M	-309K
Financing cash flow	-310.9M	204.7M	402.1M	-393.9M	-259.7M	21.9M	-1.2B	-930.4M	-1.2B	-344.1M
Net change in cash	-83.7M	30.1M	386.9M	-587.2M	-206.8M	-4.7M	30.7M	-16.3M	137.4M	256.5M
Free cash flow	51.7M	-222.4M	5.1M	2.5M	244.9M	26.2M	734.9M	842.4M	731.8M	416.8M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	100.4M	120.9M	214.2M	227.3M	158.7M	68.6M	58.2M	73.5M	84.5M	128.1M	216.3M	387.5M
Depreciation & amortization	51.2M	50.7M	47.9M	46.7M	45.5M	45.2M	44.7M	45.3M	46.4M	44M	41.5M	36.2M
Stock-based compensation	12.3M	—	9.6M	19.5M	16.9M	16.4M	17.1M	18.3M	17.8M	18.4M	18.2M	19.5M
Change in working capital	21M	-20.5M	-26.1M	7.8M	72.3M	18.4M	-17.8M	-2.1M	-998K	-290K	-29M	-10.5M
Operating cash flow	187M	119M	248.6M	304.1M	295.4M	150.1M	103.9M	136.9M	134.6M	164.8M	163.2M	320.3M
Capital expenditure	28.6M	26.7M	28M	56.8M	185.7M	115.9M	-24.7M	-23.7M	—	—	—	—
Investing cash flow	28.6M	26.7M	27.6M	55.3M	96.5M	115.9M	-58.8M	6M	59.7M	54M	-10M	0
Dividends paid	-13.4M	-18.6M	-21.2M	-21.6M	-20.6M	-20M	-20M	-20.4M	-20.4M	-21.7M	-23.3M	-22.5M
Share repurchases	-78.7M	-12M	0	-53.7M	-243M	-38.9M	-309K	0	0	0	0	-155M
Financing cash flow	-156M	-222.2M	-236.3M	-473M	-346.5M	-100.3M	79.1M	-85.2M	-48.2M	-289.7M	-62.6M	100.5M
Net change in cash	59.7M	-76.5M	39.9M	-113.6M	45.5M	165.7M	124.3M	57.7M	146.1M	-71M	90.6M	420.9M
Free cash flow	174.8M	179.8M	211.6M	258.8M	187.3M	74.2M	39.2M	104.2M	117.8M	155.6M	86.3M	295.6M

Scorpio Tankers Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history