Scorpio Tankers (STNG) Gross Margin (2009 - 2026)
Scorpio Tankers (STNG) posted quarterly Gross Margin of 78.01% for Q1 2026, up 1100.0% year-on-year from 6.5% in Q1 2025, and up 10.44% on a QoQ basis from 70.64% in Q4 2025.
Scorpio Tankers (STNG) Gross Margin (2009 - 2026) Analysis & Trends
Scorpio Tankers (STNG) has reported Gross Margin for 18 consecutive years, with 78.01% the latest figure, recorded in Q1 2026.
- Quarterly Gross Margin rose 1100.0% year-over-year to 78.01% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 72.42% (up 163.0% YoY) and the FY2025 annual result came in at 69.32%, down 503.0% from the prior year.
- Gross Margin advanced to 78.01% in Q1 2026 per STNG's latest filing, from 70.64% in the prior quarter.
- Over the last five years, Gross Margin for STNG reached as high as 84.53% in Q3 2022 and fell as low as 51.26% in Q1 2022.
- A 5-year average of 73.44% and a median of 75.04% in 2023 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin soared 5654 bps — and 2024, when it slumped 1466 bps.
- Year by year, Gross Margin stood at 82.55% in 2022, then slipped by 9 bps to 75.04% in 2023, then decreased by 20 bps to 60.38% in 2024, then rose by 17 bps to 70.64% in 2025, then grew by 10 bps to 78.01% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 78.01%, 70.64%, and 69.2% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 89.73% |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 76.80% |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 68.62% |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 41.12% |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | - |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 97.17% |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 23.85% |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 41.52% |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 93.41% |
| 10 | Scorpio Tankers | 3.75 Bn | 3.75 Bn | 244.06 Mn | 78.01% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 42.20% |