Scorpio Tankers (STNG) Operating Margin (2009 - 2026)
Scorpio Tankers' Operating Margin came in at 100.99% for the quarter ended Sep 30, 2026, up 66.75 percentage points from 34.24% a year earlier and up 3.53 percentage points from the prior quarter.
Scorpio Tankers (STNG) Operating Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Scorpio Tankers reported Operating Margin of 82.21%, up 46.58 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 37.86%, down 23.61 percentage points from the prior year.
- Operating Margin carries a five-year change of +11.07 percentage points (years ended Dec 2020 to Dec 2025).
- Going back by year, Operating Margin was 61.47% in the year ended Dec 31, 2024 (+8.89 pp), 52.58% in the year ended Dec 31, 2023 (+1.53 pp), 51.04% in the year ended Dec 31, 2022 (+67.78 pp) and -16.74% in the year ended Dec 31, 2021 (-43.52 pp).
- The figure for the quarter ended Sep 30, 2026 represents the highest quarterly Operating Margin since the quarter ended Jun 30, 2010.
- Year-over-year, Operating Margin has increased for four consecutive quarters, with an average year-over-year change of +10.01 percentage points over the last eight quarters.
- The fastest year-over-year change in Operating Margin over five years came in the quarter ended Sep 30, 2022 (a gain of 96.30 percentage points), and the weakest in the quarter ended Mar 31, 2025 (a drop of 34.37 percentage points).
- Business Quant data shows STNG's Operating Margin at 97.45% (quarter ended Jun 30, 2026), 70.16% (quarter ended Mar 31, 2026) and 52.66% (quarter ended Dec 31, 2025) in the three quarters before the quarter ended Sep 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 179.89 Bn | 172.14 Bn | - | 40.89% |
| 2 | Csx | 96.12 Bn | 91.34 Bn | - | 39.08% |
| 3 | United Parcel Service | 92.16 Bn | 69.05 Bn | - | 4.07% |
| 4 | Canadian Pacific Kansas City | 79.39 Bn | 79.39 Bn | - | - |
| 5 | Norfolk Southern | 76.81 Bn | 71.27 Bn | - | 32.61% |
| 6 | Fedex | 74.29 Bn | 40.49 Bn | - | 6.20% |
| 7 | Delta Air Lines | 52.21 Bn | 34.40 Bn | - | 7.20% |
| 8 | Old Dominion Freight Line | 35.82 Bn | 35.82 Bn | - | - |
| 9 | United Airlines Holdings | 33.62 Bn | -24.08 Bn | - | 8.09% |
| 10 | Scorpio Tankers | 4.29 Bn | -1.33 Bn | 206.12 Mn | 100.99% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 100.99% |
| Jun 30, 2026 | 97.45% |
| Mar 31, 2026 | 70.16% |
| Dec 31, 2025 | 52.66% |
| Sep 30, 2025 | 34.24% |
| Jun 30, 2025 | 34.35% |
| Mar 31, 2025 | 28.23% |
| Dec 31, 2024 | 46.49% |
| Sep 30, 2024 | 63.83% |
| Jun 30, 2024 | 66.66% |
| Mar 31, 2024 | 62.60% |
| Dec 31, 2023 | 48.09% |
| Sep 30, 2023 | 48.56% |
| Jun 30, 2023 | 51.86% |
| Mar 31, 2023 | 60.15% |
| Dec 31, 2022 | 62.64% |
| Sep 30, 2022 | 62.39% |
| Jun 30, 2022 | 56.67% |
| Mar 31, 2022 | -26.91% |
| Dec 31, 2021 | -6.80% |
Scorpio Tankers Operating Margin 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.
https://data.businessquant.com/historic?slug=operating-margin&ticker=STNG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "STNG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=STNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();