Scorpio Tankers Inc
NYSE:STNG

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Scorpio Tankers Inc
NYSE:STNG
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Price: 49.77 USD 1.24% Market Closed
Market Cap: 2.6B USD
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Gross Margin
Scorpio Tankers Inc

76.6%
Current
68%
Average
34.2%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
76.6%
=
Gross Profit
1.1B
/
Revenue
1.4B

Gross Margin Across Competitors

Country MC
Market Cap 2.5B USD
Gross Margin
77%
Country MY
Market Cap 384.6m MYR
Gross Margin
41%
Country CA
Market Cap 130.9B CAD
Gross Margin
49%
Country US
Market Cap 68.3B USD
Gross Margin
20%
Country US
Market Cap 67.1B USD
Gross Margin
24%
Country US
Market Cap 66.6B USD
Gross Margin
82%
Country US
Market Cap 60.7B USD
Gross Margin
51%
Country US
Market Cap 59.7B USD
Gross Margin
39%
Country US
Market Cap 49.4B USD
Gross Margin
60%
Country CA
Market Cap 69.1B CAD
Gross Margin
68%
Country US
Market Cap 47.4B USD
Gross Margin
56%
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Scorpio Tankers Inc
Glance View

Market Cap
2.5B USD
Industry
Energy

In the world of maritime transport, Scorpio Tankers Inc. sails as a significant player, primarily navigating the vast liquid cargo market. With its headquarters in Monaco, the company operates a dynamic fleet of tankers that transport refined petroleum products and other liquid substances across global seas. At the heart of Scorpio's operations lies a focus on medium-range and long-range vessels, which cater effectively to the diverse demands of this segment. The economic rationale behind their operations is straightforward: moving vital products like gasoline, diesel, and other liquid chemicals from areas of supply to regions of demand, which ensures a steady stream of income anchored in competitive shipping rates. Scorpio Tankers thrives in the cyclical nature of the maritime industry, where supply and demand fluctuation can significantly impact freight rates. The company has strategically positioned itself to capitalize on periods of improved rates, often driven by geopolitical factors, economic activity cycles, and changes in regulations that affect global shipping. By optimizing the efficiency and age profile of its fleet, the company seeks to maximize its returns on investment while minimizing environmental impact, recognizing the increasing global emphasis on sustainability. This blend of strategic fleet management and market positioning forms the core of Scorpio Tankers’ business model and its continued quest for profitability amid the waves of the ever-changing shipping landscape.

STNG Intrinsic Value
81.44 USD
Undervaluation 39%
Intrinsic Value
Price

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
76.6%
=
Gross Profit
1.1B
/
Revenue
1.4B
What is the Gross Margin of Scorpio Tankers Inc?

Based on Scorpio Tankers Inc's most recent financial statements, the company has Gross Margin of 76.6%.