Scorpio Tankers (STNG) Operating Leases (2019 - 2023)

Scorpio Tankers' (STNG) quarterly Operating Leases came in at $161.9 million in Q2 2023, down 65.58% year-on-year from $470.3 million in Q2 2022, and down 63.5% sequentially from $443.5 million in Q4 2022.

Scorpio Tankers (STNG) Operating Leases (2019 - 2023) Analysis & Trends

Scorpio Tankers' Operating Leases history runs 5 years deep, the most recent figure standing at $161.9 million for Q2 2023.

  • In Q2 2023, Operating Leases fell 65.58% year-over-year to $161.9 million; the TTM figure through Jun 2023 stood at $161.9 million (down 65.58% YoY), while the FY2022 annual figure was $443.5 million, down 14.85% from the prior year.
  • Operating Leases came in at $161.9 million for Q2 2023 at Scorpio Tankers, down from $443.5 million in the prior quarter.
  • Over five years, Operating Leases peaked at $602.8 million in Q2 2021 and troughed at $1.6 million in Q1 2020.
  • The 5-year median for Operating Leases is $161.9 million (2023), against an average of $261.3 million.
  • The widest annual swing landed in 2020, when Operating Leases sank 96.62%; it then surged 37574.56% in 2021.
  • A 5-year view of Operating Leases shows it stood at $24.2 million in 2019, then soared by 2279.32% to $575.8 million in 2020, then decreased by 9.54% to $520.9 million in 2021, then dropped by 14.85% to $443.5 million in 2022, then sank by 63.5% to $161.9 million in 2023.
  • Per Business Quant data, the three most recent Operating Leases figures were $161.9 million in Q2 2023, $443.5 million in Q4 2022, and $470.3 million in Q2 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn -
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn
10 Scorpio Tankers - - -

Historic Data

Download Data
DateValue
Sep 30, 2023 95.17 Mn
Jun 30, 2023 161.89 Mn
Mar 31, 2023 336.52 Mn
Dec 31, 2022 443.53 Mn
Sep 30, 2022 456.92 Mn
Jun 30, 2022 470.30 Mn
Mar 31, 2022 483.64 Mn
Dec 31, 2021 520.86 Mn
Sep 30, 2021 534.64 Mn
Jun 30, 2021 548.41 Mn
Mar 31, 2021 562.15 Mn
Dec 31, 2020 575.80 Mn
Sep 30, 2020 589.45 Mn
Jun 30, 2020 571.30 Mn
Mar 31, 2020 1.60 Mn
Dec 31, 2019 24.20 Mn
Sep 30, 2019 519.18 Mn
Jun 30, 2019 -7.13 Mn
Mar 31, 2019 24.20 Mn