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

Scorpio Tankers (STNG) has reported Operating Leases for 7 consecutive years, with $95.2 million the latest figure, recorded in Q3 2023.

• On a quarterly basis, Operating Leases rose 81.52% year-over-year to $95.2 million in Q3 2023; TTM through Sep 2023 was $95.2 million, a 81.52% increase from a year earlier, with the FY2022 full-year figure at $52.3 million, down 3.98% from the prior year.
• Operating Leases was $95.2 million for Q3 2023 at Scorpio Tankers, down from $161.9 million in the prior quarter.
• Over five years, Operating Leases peaked at $571.3 million in Q2 2020 and troughed at $1.6 million in Q1 2020.
• A 5-year average of $92.2 million and a median of $54.5 million in 2021 frame the typical range for Operating Leases.
• Across the five-year window, Operating Leases slumped 96.3% in 2019 and jumped 3302.62% in 2021, its largest moves.
• Over 5 years, Operating Leases stood at $63.9 million in 2019, then fell by 11.37% to $56.7 million in 2020, then dropped by 3.82% to $54.5 million in 2021, then decreased by 3.98% to $52.3 million in 2022, then jumped by 81.81% to $95.2 million in 2023.
• The last three Operating Leases figures came in at $95.2 million (Q3 2023), $161.9 million (Q2 2023), and $147.2 million (Q1 2023), per Business Quant data.