Scorpio Gross Profit from 2010 to 2024

STNG Stock  USD 51.76  0.98  1.86%   
Scorpio Tankers' Gross Profit is increasing over the last several years with slightly volatile swings. Gross Profit is estimated to finish at about 850.4 M this year. Gross Profit is the profit Scorpio Tankers makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2007-12-31
Previous Quarter
247.5 M
Current Value
131.7 M
Quarterly Volatility
88 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Scorpio Tankers financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Scorpio Tankers' main balance sheet or income statement drivers, such as Depreciation And Amortization of 115.9 M, Interest Expense of 88.3 M or Selling General Administrative of 100.9 M, as well as many indicators such as Price To Sales Ratio of 2.73, Dividend Yield of 0.0172 or PTB Ratio of 1.16. Scorpio financial statements analysis is a perfect complement when working with Scorpio Tankers Valuation or Volatility modules.
  
Check out the analysis of Scorpio Tankers Correlation against competitors.
For more detail on how to invest in Scorpio Stock please use our How to Invest in Scorpio Tankers guide.

Latest Scorpio Tankers' Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Scorpio Tankers over the last few years. Gross profit is a required income statement account that reflects total revenue of Scorpio Tankers minus its cost of goods sold. It is profit before Scorpio Tankers operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Scorpio Tankers' Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Scorpio Tankers' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.15 B10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Scorpio Gross Profit Regression Statistics

Arithmetic Mean257,022,407
Coefficient Of Variation131.04
Mean Deviation268,753,956
Median74,666,000
Standard Deviation336,813,433
Sample Variance113443.3T
Range977.4M
R-Value0.72
Mean Square Error57976.5T
R-Squared0.53
Significance0
Slope54,593,010
Total Sum of Squares1588206T

Scorpio Gross Profit History

2024850.4 M
2023809.9 M
2022939.6 M
2021-37.8 M
2020328.4 M
2019192.3 M
201863.1 M

Other Fundumenentals of Scorpio Tankers

Scorpio Tankers Gross Profit component correlations

0.9-0.210.93-0.240.50.560.340.960.610.840.320.99-0.19-0.94-0.83-0.910.130.10.70.730.78-0.42-0.51-0.31-0.61
0.9-0.310.680.020.50.350.60.730.750.810.20.89-0.25-0.8-0.74-0.790.01-0.030.850.770.82-0.57-0.45-0.13-0.67
-0.21-0.31-0.110.16-0.210.17-0.14-0.12-0.23-0.3-0.07-0.20.730.080.230.13-0.350.14-0.24-0.22-0.30.180.210.070.24
0.930.68-0.11-0.420.440.650.050.990.370.730.310.93-0.13-0.9-0.76-0.870.210.220.470.570.62-0.23-0.46-0.47-0.49
-0.240.020.16-0.42-0.3-0.020.64-0.380.32-0.21-0.16-0.21-0.030.06-0.060.0-0.150.040.280.020.0-0.430.030.46-0.09
0.50.5-0.210.44-0.30.060.280.450.30.55-0.080.45-0.32-0.4-0.34-0.38-0.24-0.040.260.30.32-0.3-0.55-0.35-0.45
0.560.350.170.65-0.020.06-0.040.630.170.140.590.58-0.14-0.7-0.5-0.670.130.710.090.070.060.170.16-0.020.13
0.340.6-0.140.050.640.28-0.040.130.810.42-0.060.31-0.19-0.39-0.41-0.4-0.3-0.20.730.520.53-0.71-0.50.36-0.55
0.960.73-0.120.99-0.380.450.630.130.460.770.360.95-0.14-0.92-0.79-0.90.20.170.540.620.67-0.27-0.49-0.39-0.51
0.610.75-0.230.370.320.30.170.810.460.590.380.57-0.22-0.62-0.59-0.62-0.02-0.230.760.660.69-0.6-0.580.35-0.5
0.840.81-0.30.73-0.210.550.140.420.770.59-0.030.83-0.12-0.78-0.76-0.770.18-0.150.760.70.83-0.66-0.71-0.33-0.79
0.320.2-0.070.31-0.16-0.080.59-0.060.360.38-0.030.26-0.11-0.34-0.25-0.330.240.38-0.07-0.02-0.040.350.140.470.44
0.990.89-0.20.93-0.210.450.580.310.950.570.830.26-0.19-0.93-0.84-0.920.170.130.730.750.8-0.43-0.46-0.36-0.63
-0.19-0.250.73-0.13-0.03-0.32-0.14-0.19-0.14-0.22-0.12-0.11-0.190.170.150.16-0.03-0.01-0.15-0.13-0.140.130.090.010.12
-0.94-0.80.08-0.90.06-0.4-0.7-0.39-0.92-0.62-0.78-0.34-0.930.170.850.97-0.16-0.25-0.64-0.59-0.660.420.490.190.53
-0.83-0.740.23-0.76-0.06-0.34-0.5-0.41-0.79-0.59-0.76-0.25-0.840.150.850.94-0.27-0.32-0.72-0.65-0.710.530.530.160.58
-0.91-0.790.13-0.870.0-0.38-0.67-0.4-0.9-0.62-0.77-0.33-0.920.160.970.94-0.24-0.32-0.68-0.61-0.680.450.50.180.55
0.130.01-0.350.21-0.15-0.240.13-0.30.2-0.020.180.240.17-0.03-0.16-0.27-0.240.08-0.01-0.050.130.12-0.01-0.20.0
0.1-0.030.140.220.04-0.040.71-0.20.17-0.23-0.150.380.13-0.01-0.25-0.32-0.320.08-0.24-0.34-0.360.370.40.140.44
0.70.85-0.240.470.280.260.090.730.540.760.76-0.070.73-0.15-0.64-0.72-0.68-0.01-0.240.90.94-0.78-0.52-0.07-0.82
0.730.77-0.220.570.020.30.070.520.620.660.7-0.020.75-0.13-0.59-0.65-0.61-0.05-0.340.90.96-0.68-0.56-0.27-0.8
0.780.82-0.30.620.00.320.060.530.670.690.83-0.040.8-0.14-0.66-0.71-0.680.13-0.360.940.96-0.72-0.62-0.29-0.86
-0.42-0.570.18-0.23-0.43-0.30.17-0.71-0.27-0.6-0.660.35-0.430.130.420.530.450.120.37-0.78-0.68-0.720.720.160.83
-0.51-0.450.21-0.460.03-0.550.16-0.5-0.49-0.58-0.710.14-0.460.090.490.530.5-0.010.4-0.52-0.56-0.620.720.270.76
-0.31-0.130.07-0.470.46-0.35-0.020.36-0.390.35-0.330.47-0.360.010.190.160.18-0.20.14-0.07-0.27-0.290.160.270.51
-0.61-0.670.24-0.49-0.09-0.450.13-0.55-0.51-0.5-0.790.44-0.630.120.530.580.550.00.44-0.82-0.8-0.860.830.760.51
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About Scorpio Tankers Financial Statements

Scorpio Tankers stakeholders use historical fundamental indicators, such as Scorpio Tankers' Gross Profit, to determine how well the company is positioned to perform in the future. Although Scorpio Tankers investors may analyze each financial statement separately, they are all interrelated. For example, changes in Scorpio Tankers' assets and liabilities are reflected in the revenues and expenses on Scorpio Tankers' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Scorpio Tankers. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit809.9 M850.4 M
Gross Profit Margin 0.60  0.37 

Currently Active Assets on Macroaxis

When determining whether Scorpio Tankers is a strong investment it is important to analyze Scorpio Tankers' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Scorpio Tankers' future performance. For an informed investment choice regarding Scorpio Stock, refer to the following important reports:
Check out the analysis of Scorpio Tankers Correlation against competitors.
For more detail on how to invest in Scorpio Stock please use our How to Invest in Scorpio Tankers guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Scorpio Tankers. If investors know Scorpio will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Scorpio Tankers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.637
Dividend Share
1.55
Earnings Share
13.97
Revenue Per Share
27.856
Quarterly Revenue Growth
(0.08)
The market value of Scorpio Tankers is measured differently than its book value, which is the value of Scorpio that is recorded on the company's balance sheet. Investors also form their own opinion of Scorpio Tankers' value that differs from its market value or its book value, called intrinsic value, which is Scorpio Tankers' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Scorpio Tankers' market value can be influenced by many factors that don't directly affect Scorpio Tankers' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Scorpio Tankers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Scorpio Tankers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scorpio Tankers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.