Scorpio Tankers (STNG) Gross Margin (2009 - 2026)
Scorpio Tankers' Gross Margin came in at 77.35% for the quarter ended Sep 30, 2026, up 8.15 percentage points from 69.20% a year earlier but down 6.79 percentage points from the prior quarter.
Scorpio Tankers (STNG) Gross Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Scorpio Tankers reported Gross Margin of 78.39%, up 11.49 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 69.32%, down 5.03 percentage points from the prior year.
- Gross Margin has declined in each of the last three years, though with a five-year change of +5.76 percentage points (years ended Dec 2020 to Dec 2025).
- Going back by year, Gross Margin was 74.34% in the year ended Dec 31, 2024 (-2.13 pp), 76.47% in the year ended Dec 31, 2023 (-2.82 pp), 79.29% in the year ended Dec 31, 2022 (+41.20 pp) and 38.08% in the year ended Dec 31, 2021 (-25.48 pp).
- The five-year range for quarterly Gross Margin is 42.49% (the quarter ended Dec 31, 2021) to 84.53% (the quarter ended Sep 30, 2022).
- Year-over-year, Gross Margin has increased for four consecutive quarters, with an average year-over-year change of +0.76 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in the quarter ended Sep 30, 2022 (a gain of 56.54 percentage points), and the weakest in the quarter ended Dec 31, 2024 (a drop of 14.66 percentage points).
- Business Quant data shows STNG's Gross Margin at 84.14% (quarter ended Jun 30, 2026), 78.01% (quarter ended Mar 31, 2026) and 70.64% (quarter ended Dec 31, 2025) in the three quarters before the quarter ended Sep 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 179.89 Bn | 172.14 Bn | - | - |
| 2 | Csx | 96.12 Bn | 91.34 Bn | - | - |
| 3 | United Parcel Service | 92.16 Bn | 69.05 Bn | - | - |
| 4 | Canadian Pacific Kansas City | 79.39 Bn | 79.39 Bn | - | - |
| 5 | Norfolk Southern | 76.81 Bn | 71.27 Bn | - | - |
| 6 | Fedex | 74.29 Bn | 40.49 Bn | - | - |
| 7 | Delta Air Lines | 52.21 Bn | 34.40 Bn | - | - |
| 8 | Old Dominion Freight Line | 35.82 Bn | 35.82 Bn | - | - |
| 9 | United Airlines Holdings | 33.62 Bn | -24.08 Bn | - | - |
| 10 | Scorpio Tankers | 4.29 Bn | -1.33 Bn | 206.12 Mn | 77.35% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 77.35% |
| Jun 30, 2026 | 84.14% |
| Mar 31, 2026 | 78.01% |
| Dec 31, 2025 | 70.64% |
| Sep 30, 2025 | 69.20% |
| Jun 30, 2025 | 70.14% |
| Mar 31, 2025 | 67.01% |
| Dec 31, 2024 | 60.38% |
| Sep 30, 2024 | 69.80% |
| Jun 30, 2024 | 79.18% |
| Mar 31, 2024 | 80.04% |
| Dec 31, 2023 | 75.04% |
| Sep 30, 2023 | 72.83% |
| Jun 30, 2023 | 76.05% |
| Mar 31, 2023 | 80.84% |
| Dec 31, 2022 | 82.55% |
| Sep 30, 2022 | 84.53% |
| Jun 30, 2022 | 81.01% |
| Mar 31, 2022 | 51.26% |
| Dec 31, 2021 | 42.49% |
Scorpio Tankers Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=STNG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "STNG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=STNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();