Scorpio Tankers (STNG) Gross Margin (2009 - 2026)
Scorpio Tankers' (STNG) quarterly Gross Margin came in at 84.14% in Q2 2026, up 1400.0% year-over-year from 5.61% in Q2 2025, and up 7.86% quarter-over-quarter from 78.01% in Q1 2026.
Analysis
Scorpio Tankers (STNG) Gross Margin (2009 - 2026) Analysis & Trends
Scorpio Tankers (STNG) has reported Gross Margin for 18 consecutive years, with 84.14% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin rose 1400.0% year-over-year to 84.14% in Q2 2026; TTM through Jun 2026 was 76.79%, a 965.0% increase from a year earlier, with the FY2025 full-year figure at 69.32%, down 503.0% from the prior year.
- Gross Margin was 84.14% for Q2 2026 at Scorpio Tankers, up from 78.01% in the prior quarter.
- Over five years, Gross Margin peaked at 84.53% in Q3 2022 and troughed at 51.26% in Q1 2022.
- A 5-year average of 74.03% and a median of 75.55% in 2023 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin soared 5654 bps in 2022 and tumbled 1466 bps in 2024, its largest moves.
- Over 5 years, Gross Margin stood at 82.55% in 2022, then dropped by 9 bps to 75.04% in 2023, then slipped by 20 bps to 60.38% in 2024, then gained by 17 bps to 70.64% in 2025, then increased by 19 bps to 84.14% in 2026.
- The last three Gross Margin figures came in at 84.14% (Q2 2026), 78.01% (Q1 2026), and 70.64% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | - |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 31.53% |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | - |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 99.97% |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 45.71% |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | 79.33% |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | 84.14% |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 83.88% |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 98.37% |
| 10 | ZIM Integrated Shipping Services | 3.44 Bn | 2.41 Bn | 255.00 Mn | 14.32% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 28.00% |