Scorpio Tankers Inc.

NYSE STNG

Scorpio Tankers Inc. Gross Profit Margin for the year ending December 31, 2023: 60.38%

Scorpio Tankers Inc. Gross Profit Margin is 60.38% for the year ending December 31, 2023, a 0.44% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.

Scorpio Tankers Inc. Gross Profit Margin for the year ending December 31, 2022 was 60.12%, a 960.99% change year over year.
Scorpio Tankers Inc. Gross Profit Margin for the year ending December 31, 2021 was -6.98%, a -119.48% change year over year.
Scorpio Tankers Inc. Gross Profit Margin for the year ending December 31, 2020 was 35.85%, a 31.34% change year over year.
Scorpio Tankers Inc. Gross Profit Margin for the year ending December 31, 2019 was 27.30%, a 153.16% change year over year.

Key data

Date	Gross Profit Margin	Operating Income Margin	EBT Margin	Net Income Margin

NYSE: STNG

Scorpio Tankers Inc.

CEO	Mr. Emanuele A. Lauro
IPO Date	March 31, 2010
Location	Monaco
Headquarters	Le Millenium
Employees	24
Sector	Industrials
Industries Maritime Shipping Cruise Lines

Description

Scorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of refined petroleum products in the shipping markets worldwide. As of March 18, 2022, the company's fleet consisted of 124 owned, finance leased, or bareboat chartered-in tankers, including 42 LR2, 6 LR1, 62 MR, and 14 Handymax with a weighted average age of approximately 6.2 years. Scorpio Tankers Inc. was incorporated in 2009 and is based in Monaco.

Key trends

Past 5 years