Scorpio Tankers STNG
NYSE STNG
$83.58 +0.39 (+0.47%)
As of: Sep 29, 2026 · 3:59 PM EDT

Scorpio Tankers (STNG) Operating Leases (2017 - 2023)

Updated

Scorpio Tankers (STNG) posted Operating Leases of $95.17 million for the quarter ended Sep 30, 2023, up 81.5% from $52.43 million a year earlier and up 9.4% from the prior quarter.

Analysis

Scorpio Tankers (STNG) Operating Leases (2017 - 2023) Analysis & Trends

As of Dec 31, 2022, Scorpio Tankers' Operating Leases came in at $443.53 million, down 14.8% from the prior year.

  • Annual Operating Leases shows a five-year compound annual growth rate of -7.8% (years ended Dec 2017 to Dec 2022).
  • In prior years, Scorpio Tankers' Operating Leases was $520.86 million in the year ended Dec 31, 2021 (-9.5%), $575.8 million in the year ended Dec 31, 2020 (+13.8%), $506.03 million in the year ended Dec 31, 2019 (-61.3%) and $1.31 billion in the year ended Dec 31, 2018 (+95.8%).
  • Quarterly Operating Leases has run from a low of $47.36 million in the quarter ended Jun 30, 2019 to a high of $1.31 billion in the quarter ended Dec 31, 2018 over five years.
  • On a year-over-year basis, Operating Leases increased in three of the last eight quarters, with growth averaging 11.2%.
  • The strongest year-over-year quarter for Operating Leases in the past five years was the quarter ended Dec 31, 2018, with growth of 95.8%; the weakest was the quarter ended Sep 30, 2020, with a decline of 95.0%.
  • According to Business Quant data, Operating Leases for the three prior quarters was $86.98 million (quarter ended Jun 30, 2023), $147.17 million (quarter ended Mar 31, 2023) and $443.53 million (quarter ended Dec 31, 2022).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Union Pacific 162.85 Bn 157.37 Bn -
2 Csx 86.62 Bn 82.84 Bn -
3 Canadian Pacific Kansas City 76.11 Bn 75.83 Bn -
4 United Parcel Service 70.66 Bn 47.58 Bn -
5 Norfolk Southern 70.32 Bn 64.96 Bn -
6 Fedex 68.53 Bn 34.48 Bn -
7 Delta Air Lines 55.25 Bn 37.43 Bn -
8 Old Dominion Freight Line 36.69 Bn 35.95 Bn -
9 Ryanair Holdings 28.78 Bn 12.78 Bn 3.13 Bn
10 Scorpio Tankers 4.31 Bn 127.37 Mn -
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2023 95.17 Mn
Jun 30, 2023 86.98 Mn
Mar 31, 2023 147.17 Mn
Dec 31, 2022 443.53 Mn
Sep 30, 2022 52.43 Mn
Jun 30, 2022 470.30 Mn
Mar 31, 2022 78.07 Mn
Dec 31, 2021 520.86 Mn
Sep 30, 2021 54.39 Mn
Jun 30, 2021 548.41 Mn
Mar 31, 2021 54.44 Mn
Dec 31, 2020 575.80 Mn
Sep 30, 2020 60.51 Mn
Jun 30, 2020 571.30 Mn
Mar 31, 2020 69.71 Mn
Dec 31, 2019 506.03 Mn
Sep 30, 2019 1.22 Bn
Jun 30, 2019 47.36 Mn
Mar 31, 2019 1.28 Bn
Dec 31, 2018 1.31 Bn
API Access

Scorpio Tankers Operating Leases 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.

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