Scorpio Tankers
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Scorpio Tankers's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 14% to $1,341,222,000. Profit margin reached 41%. Total operating expenses were $106,255,000.
Profit Margin
| 2014 | 342.80M | 52.09M | 15.2% |
|---|---|---|---|
| 2015 | 755.71M | 217.74M | 28.81% |
| 2016 | 522.74M | -24.90M | -4.76% |
| 2017 | 512.73M | -158.24M | -30.86% |
| 2018 | 585.04M | -190.07M | -32.49% |
| 2019 | 704.32M | -234.31M | -33.27% |
| 2020 | 915.89M | -62.34M | -6.81% |
| 2021 | 540.78M | -380.59M | -70.38% |
| 2022 | 1.56B | 637.25M | 40.77% |
| 2023 | 1.34B | 546.89M | 40.78% |
STNG Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 1.34B | 1.56B | 540.78M | 915.89M | 704.32M | 585.04M | 512.73M | 522.74M | 755.71M | 342.80M |
Cost of revenue | 531.32M | 623.25M | 578.54M | 587.52M | 512.05M | 521.96M | 456.12M | 389.02M | 383.20M | 268.14M |
Gross profit | 809.89M | 939.61M | -37.76M | 328.36M | 192.26M | 63.08M | 56.60M | 133.72M | 372.50M | 74.66M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 106.25M | 88.13M | 52.74M | 66.18M | 62.29M | 52.27M | 47.51M | 54.89M | 65.83M | 48.12M |
Operating income | 705.15M | 797.70M | -84.82M | 245.33M | 129.97M | 10.54M | -44.94M | 76.74M | 307.08M | 71.00M |
Other income (expenses), net | -158.25M | -160.45M | -149.60M | -151.21M | -178.46M | -18.71M | -113.29M | -895K | -89.33M | -18.91M |
Income before tax | 546.89M | 637.25M | -234.43M | 94.12M | -48.49M | -190.07M | -158.24M | -24.90M | 217.74M | 52.09M |
Income tax expense | 0 | 53.77M | 146.16M | 156.47M | 185.82M | -37.73M | 117.76M | 103.86M | 90.91M | 22.14M |
Net income | 546.89M | 637.25M | -380.59M | -62.34M | -234.31M | -190.07M | -158.24M | -24.90M | 217.74M | 52.09M |
Earnings per share | ||||||||||
Basic EPS | 10.44 | 11.49 | -6.96 | -1.14 | -4.7 | -5.46 | -7.35 | -1.55 | 13.5 | 3 |
Diluted EPS | 10.03 | 10.03 | -6.96 | -1.11 | -4.7 | -5.46 | -7.35 | -1.55 | 12 | 3 |
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