Scorpio Tankers
Owns LR2, MR and Handymax tankers moving petroleum products across global routes.
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Profile
Owns product tankers that carry refined fuels and crude oil worldwide, earning freight through spot-oriented pools, direct voyages and longer charters. Its LR2, MR and Handymax fleet is concentrated in cyclical tanker markets and relies on related-party commercial and technical managers.
Transports refined petroleum products and crude oil worldwide with LR2, MR and Handymax tankers. LR2s and MRs serve long-haul and regional routes across Asia, the Middle East, Europe and the U.S. Gulf; Handymax vessels focus on the Baltic and North Sea.
Employs ships through spot-oriented Scorpio Pools, direct voyages, and time or bareboat charters. Pooling similar vessels improves scheduling and utilization, while longer charters add contracted cash flow. Recent fleet activity includes vessel sales and product-tanker and crude-carrier newbuilding commitments.
Most operating exposure remains tied to spot freight rates. Commercial and technical management is provided by related Scorpio entities; results depend on vessel availability, fuel and drydock costs, trade routes, customer demand, and maritime safety and emissions rules.
Company facts
Categories
Key statistics
Year to date +57.1% · Average volume (30d) 708.9K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Aug 18, 2026 | Morgan Stanley | Target | $82 | $86 | ||
| Jul 22, 2026 | Evercore ISI | Reiterate | Outperform | $98 | $94 | |
| Jul 9, 2026 | Morgan Stanley | Downgrade | Overweight | Equal Weight | ||
| Jul 8, 2026 | Morgan Stanley | Target | $82 | |||
| Jun 30, 2026 | B of A Securities | Downgrade | Buy | Underperform |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 30, 2026Q2 FY26 | $4.56 | $4.68 | +2.6% | $398.3M | $391.8M | −1.6% | −3.82% |
| May 5, 2026Q1 FY26 | $2.73 | $3.02 | +10.6% | $286.8M | $303.0M | +5.7% | −4.69% |
| Feb 12, 2026Q4 FY25 | $1.37 | $1.62 | +18.2% | $233.3M | $241.4M | +3.5% | +4.04% |
| Oct 30, 2025Q3 FY25 | $1.39 | $1.49 | +7.2% | $236.4M | $241.4M | +2.1% | +0.92% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $214.0M | $230.2M | $241.4M | $252.7M | $312.9M | $408.7M | |
| Gross profit | $88.9M | $108.7M | $112.2M | $123.3M | $192.7M | $290.7M | |
| Operating income | $60.4M | $79.1M | $82.6M | $87.6M | $153.6M | $244.2M | |
| Net income | $58.2M | $73.5M | $84.5M | $128.1M | $216.3M | $387.5M | |
| Diluted EPS | $1.22 | $1.53 | $1.73 | $2.59 | $4.32 | $7.24 | |
| Gross margin | 41.6% | 47.2% | 46.5% | 48.8% | 61.6% | 71.1% | |
| Operating margin | 28.2% | 34.3% | 34.2% | 34.7% | 49.1% | 59.7% |
Fiscal years (4-quarter sums)FY21 $540.8M · FY22 $1.56B · FY23 $1.34B · FY24 $1.24B · FY25 $938.2M
Balance sheet, Jun 30, 2026Cash & short-term investments $1.84B · Total debt $728.9M · Total assets $4.64B · Shareholders' equity $3.64B
Dividends
Raised for 8 straight years — most recently to $0.45 from $0.42 in Mar 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Aug 17, 2026 | Aug 17 | Aug 31 | $0.45 | |
| May 29, 2026 | May 29 | Jun 15 | $0.45 | |
| Mar 6, 2026 | Mar 6 | Mar 20 | $0.45 | raised from $0.42 |
| Nov 14, 2025 | Nov 14 | Dec 5 | $0.42 | raised from $0.40 |
| Aug 13, 2025 | Aug 13 | Aug 29 | $0.40 | |
| May 30, 2025 | May 30 | Jun 16 | $0.40 | |
| Mar 7, 2025 | Mar 7 | Mar 21 | $0.40 | |
| Nov 22, 2024 | Nov 22 | Dec 13 | $0.40 |
Ownership
Shares outstanding 50.08M · Float 38.62M · 77.1% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 4.13M | 8.26% | 13F | Aug 7, 2026 |
| Dimensional Fund Advisors LP | 3.16M | 6.31% | 13F | Aug 11, 2026 |
| Two Sigma Investments, LP | 1.62M | 3.23% | 13F | Aug 14, 2026 |
| LSV Asset Management | 1.60M | 3.19% | 13F | Aug 6, 2026 |
| FMR LLC | 1.55M | 3.10% | 13F | Aug 13, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jul 10, 2026 | Niccolo Camerana | director | −2,500 | $191,325.00 |
| Jun 22, 2026 | Marianne Okland | director | −15,000 | $1,230,435.00 |
| Jun 22, 2026 | Emanuele Lauro | director, officer: Chief Executive Officer | +234,637 | $77.50 |
Peers
- TORM
Large LR2/LR1/MR product-tanker rival
- Hafnia
Large product-tanker platform across LR, MR and Handy
- International Seaways
Diversified tanker owner with large product-carrier arm
- Ardmore Shipping
MR product and chemical tanker specialist
- Walt Disney
Listed MR/LR1 product-tanker specialist
- Frontline
Crude tanker major with LR2 clean-product overlap
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Scorpio Tankers | $77.91 | −0.18% | $3.91B | 4.9 | 11.5 | 3.2 | +70.2% |
| TORM | $32.46 | −0.46% | $3.34B | 5.4 | 6.0 | 1.9 | +62.4% |
| Hafnia | $8.48 | +0.30% | $4.23B | 6.6 | 8.7 | 1.6 | −32.7% |
| International Seaways | $100.00 | +1.19% | $4.89B | 6.3 | 10.8 | 3.9 | +121.9% |
| Ardmore Shipping | $17.36 | −0.03% | $708.3M | 6.7 | 8.4 | 1.9 | +61.3% |
| Walt Disney | $108.09 | −0.01% | $187.72B | 22.3 | 14.6 | 1.9 | +7.1% |
| Frontline | $44.22 | +0.12% | $9.84B | 6.6 | 9.1 | 3.6 | +56.9% |
| Median | 6.6 | 8.9 | 1.9 | +59.1% |