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STNG (Scorpio Tankers) Pre-Tax Income : $721 Mil (TTM As of Sep. 2024)


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What is Scorpio Tankers Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Scorpio Tankers's pretax income for the three months ended in Sep. 2024 was $159 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2024 was $721 Mil. Scorpio Tankers's pretax margin was 59.22%.

During the past 13 years, Scorpio Tankers's highest Pretax Margin was 52.40%. The lowest was -43.35%. And the median was 2.76%.


Scorpio Tankers Pre-Tax Income Historical Data

The historical data trend for Scorpio Tankers's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Scorpio Tankers Pre-Tax Income Chart

Scorpio Tankers Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -48.49 94.12 -234.44 637.25 546.90

Scorpio Tankers Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 100.37 120.89 214.19 227.32 158.71

Competitive Comparison of Scorpio Tankers's Pre-Tax Income

For the Oil & Gas Midstream subindustry, Scorpio Tankers's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Scorpio Tankers's Pre-Tax Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Scorpio Tankers's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Scorpio Tankers's Pre-Tax Income falls into.



Scorpio Tankers Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Scorpio Tankers's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=703.639+-9.147+-159.414+19.112+-7.2919999999999
=547

Scorpio Tankers's Pretax Income for the quarter that ended in Sep. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=101.755+74.974+-20.883+2.859+0
=159

Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $721 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Scorpio Tankers  (NYSE:STNG) Pre-Tax Income Explanation

Scorpio Tankers's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=158.705/267.986
=59.22%

During the past 13 years, Scorpio Tankers's highest Pretax Margin was 52.40%. The lowest was -43.35%. And the median was 2.76%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Scorpio Tankers Pre-Tax Income Related Terms

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Scorpio Tankers Business Description

Traded in Other Exchanges
Address
99 Boulevard du Jardin Exotique, Monaco, MCO, 98000
Scorpio Tankers Inc is a provider of marine transportation of petroleum products. It owns, lease finances or bareboat charters in hundred ten product tankers namely thirty nine LR2 tankers, fifty seven MR tankers and forteeen Handymax tankers. The company's fleet of tankers is the largest, most eco-friendly and newest fleet on the water hauling clean petroleum products. They provide seaborne transportation of crude oil and refined petroleum products worldwide. The company generates majority of its revenue from MR vessel.