Latest Ratios: P/E Ratio 9.9x · EV/EBITDA 7.1x · ROE 11.4%. (2007–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $3.6B | $2.5B | $2.5B | $3.3B | $3.4B | $701M | $631M | $2.0B | $613M | $657M | $730M |
| Enterprise Value | $3.5B | $2.4B | $3.1B | $4.5B | $5.0B | $3.6B | $3.5B | $4.9B | $2.9B | $3.2B | $2.5B |
| P/E Ratio → | 9.89 | 7.23 | 3.78 | 6.06 | 5.20 | — | 6.70 | — | — | — | — |
| P/S Ratio | 3.84 | 2.65 | 2.03 | 2.47 | 2.19 | 1.30 | 0.69 | 2.78 | 1.05 | 1.28 | 1.40 |
| P/B Ratio | 1.06 | 0.78 | 0.88 | 1.30 | 1.36 | 0.38 | 0.31 | 0.99 | 0.33 | 0.39 | 0.55 |
| P/FCF | 7.33 | 5.07 | 3.45 | 3.94 | 4.65 | 26.76 | 2.58 | 772.51 | 121.30 | — | 14.13 |
| P/OCF | 7.33 | 5.07 | 3.06 | 3.83 | 4.44 | 9.56 | 1.50 | 9.36 | 10.61 | 15.71 | 4.09 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.51 | 2.46 | 3.39 | 3.18 | 6.63 | 3.81 | 6.93 | 5.01 | 6.31 | 4.81 |
| EV / EBITDA | 7.07 | 4.81 | 3.22 | 5.01 | 4.95 | 23.96 | 7.11 | 14.49 | 15.64 | 33.56 | 12.68 |
| EV / EBIT | 11.19 | 5.72 | 4.02 | 6.44 | 5.84 | — | 13.32 | 37.77 | 270.91 | — | 49.74 |
| EV / FCF | — | 4.79 | 4.18 | 5.40 | 6.76 | 136.94 | 14.26 | 1922.63 | 579.77 | — | 48.63 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 46.2% | 46.2% | 57.0% | 60.4% | 60.1% | -7.0% | 35.9% | 27.3% | 10.8% | 11.0% | 25.6% |
| Operating Margin | 33.0% | 33.0% | 61.5% | 52.6% | 51.0% | -16.7% | 26.8% | 18.5% | 1.8% | -8.8% | 14.7% |
| Net Profit Margin | 36.7% | 36.7% | 53.8% | 40.8% | 40.8% | -43.4% | 10.3% | -6.9% | -32.5% | -30.9% | -4.8% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 11.4% | 11.4% | 24.7% | 21.6% | 29.3% | -12.0% | 4.7% | -2.5% | -10.8% | -10.5% | -1.8% |
| ROA | 8.9% | 8.9% | 16.6% | 12.4% | 13.3% | -4.6% | 1.8% | -1.0% | -4.1% | -4.1% | -0.7% |
| ROIC | 7.2% | 7.2% | 16.0% | 13.5% | 13.6% | -1.4% | 3.7% | 2.2% | 0.2% | -0.9% | 1.8% |
| ROCE | 8.4% | 8.4% | 20.9% | 18.1% | 18.6% | -2.0% | 5.2% | 2.9% | 0.2% | -1.3% | 2.5% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.19 | 0.19 | 0.30 | 0.62 | 0.77 | 1.70 | 1.48 | 1.58 | 1.58 | 1.64 | 1.43 |
| Debt / EBITDA | 1.26 | 1.26 | 0.91 | 1.75 | 1.92 | 20.82 | 6.21 | 9.27 | 15.54 | 28.68 | 9.50 |
| Net Debt / Equity | — | -0.04 | 0.18 | 0.48 | 0.62 | 1.57 | 1.38 | 1.48 | 1.26 | 1.53 | 1.36 |
| Net Debt / EBITDA | -0.27 | -0.27 | 0.56 | 1.36 | 1.55 | 19.28 | 5.82 | 8.67 | 12.37 | 26.75 | 8.99 |
| Debt / FCF | — | -0.27 | 0.72 | 1.46 | 2.12 | 110.19 | 11.68 | 1150.12 | 458.47 | — | 34.50 |
| Interest Coverage | 5.14 | 5.14 | 7.53 | 4.24 | 5.38 | -0.67 | 1.69 | 0.69 | 0.06 | -0.50 | 0.49 |
Net cash position: cash ($752M) exceeds total debt ($619M)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 9.33 | 9.33 | 2.43 | 1.13 | 1.45 | 0.55 | 0.60 | 0.62 | 1.54 | 1.34 | 0.41 |
| Quick Ratio | 9.23 | 9.23 | 2.39 | 1.12 | 1.42 | 0.53 | 0.57 | 0.61 | 1.52 | 1.29 | 0.39 |
| Cash Ratio | 6.33 | 6.33 | 1.71 | 0.70 | 0.80 | 0.44 | 0.46 | 0.42 | 1.33 | 0.89 | 0.26 |
| Asset Turnover | — | 0.24 | 0.32 | 0.32 | 0.34 | 0.11 | 0.18 | 0.14 | 0.12 | 0.11 | 0.16 |
| Inventory Turnover | 42.38 | 42.38 | 52.57 | 67.98 | 39.90 | 65.89 | 63.44 | 59.22 | 62.89 | 46.96 | 63.54 |
| Days Sales Outstanding | — | 70.34 | 44.07 | 55.38 | 64.62 | 25.69 | 13.16 | 40.51 | 43.50 | 46.60 | 29.56 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.4% | 3.3% | 3.3% | 1.7% | 0.7% | 3.3% | 3.7% | 1.1% | 2.5% | 1.5% | 11.9% |
| Payout Ratio | 24.0% | 24.0% | 12.5% | 10.5% | 3.7% | — | 24.8% | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 10.1% | 13.8% | 26.5% | 16.5% | 19.2% | — | 14.9% | — | — | — | — |
| FCF Yield | 13.6% | 19.7% | 28.9% | 25.4% | 21.5% | 3.7% | 38.8% | 0.1% | 0.8% | — | 7.1% |
| Buyback Yield | 0.0% | 0.0% | 13.3% | 14.8% | 4.7% | 0.0% | 2.1% | 0.0% | 3.8% | 6.0% | 2.3% |
| Total Shareholder Yield | 2.4% | 3.3% | 16.6% | 16.5% | 5.4% | 3.3% | 5.8% | 1.1% | 6.3% | 7.5% | 14.2% |
| Shares Outstanding | — | $49M | $51M | $55M | $64M | $55M | $56M | $50M | $35M | $22M | $16M |
Cyclical freight rate volatility
According to current market data, Scorpio Tankers trades at a forward P/E of 5.79, which, when compared to the broader energy sector and historical averages, suggests that investors remain deeply skeptical regarding the sustainability of current elevated freight rates and the longevity of the current cycle.
The low PEG ratio of 0.31 indicates that the market is pricing in significant earnings contraction, effectively ignoring the potential for structural ton-mile demand growth. This valuation gap warrants further investigation into whether the market is misjudging the durability of the current refined product trade environment.
As reported in financial statements, Scorpio Tankers has seen its ROIC trend upward to 3.8% in 2026Q1, a notable improvement from the 1.3% levels observed in early 2025, reflecting the dual benefit of disciplined capital allocation and the successful reduction of interest-bearing debt obligations.
While these returns remain modest relative to historical peaks, the trend suggests that the company is becoming more efficient at generating returns on its asset base. Investors should monitor whether this trajectory can be sustained as the company shifts its focus from aggressive fleet expansion to shareholder-friendly capital returns.
Based on recent quarterly filings, Scorpio Tankers maintains a consistent DSO profile, with figures hovering between 51 and 72 days, which suggests that the company retains effective control over its receivables despite the inherent complexities of managing a global fleet of 124 vessels across diverse spot markets.
The lack of significant volatility in collection cycles indicates that the company's counterparty risk management remains robust. This stability is critical for maintaining liquidity in a business model where voyage expenses are often front-loaded and require significant upfront cash outlays.
As indicated by the most recent balance sheet, Scorpio Tankers has achieved a current ratio of 13.98, a substantial improvement from the 1.13 ratio reported in 2023Q4, which provides a significant buffer against the inherent volatility of the global product tanker spot market and potential geopolitical disruptions.
This liquidity position appears to be a direct result of the company's aggressive deleveraging strategy, which has effectively insulated the balance sheet from interest rate shocks. Such a strong position may allow the company to navigate future cyclical downturns without the need for dilutive equity financing.
Based on an analysis of the shipping industry, the P/E ratio is frequently misapplied to Scorpio Tankers, as it fails to account for the non-cash nature of depreciation on a massive, capital-intensive fleet and the extreme volatility inherent in spot-market-driven earnings cycles.
Investors should instead prioritize EV/EBITDA or P/NAV, as these metrics better capture the underlying value of the vessel assets and the company's ability to generate cash flow regardless of accounting-based earnings fluctuations. Relying solely on P/E may lead to an inaccurate assessment of the company's true earning power.
Includes 30+ ratios · 19 years · Updated daily
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Quick answers to the most common questions about buying STNG stock.
Scorpio Tankers Inc.'s current P/E ratio is 9.9x. The historical average is 21.5x. This places it at the 75th percentile of its historical range.
Scorpio Tankers Inc.'s current EV/EBITDA is 7.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 15.9x.
Scorpio Tankers Inc.'s return on equity (ROE) is 11.4%. The historical average is 7.5%.
Based on historical data, Scorpio Tankers Inc. is trading at a P/E of 9.9x. This is at the 75th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Scorpio Tankers Inc.'s current dividend yield is 2.42% with a payout ratio of 24.0%.
Scorpio Tankers Inc. has 46.2% gross margin and 33.0% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Scorpio Tankers Inc.'s Debt/EBITDA ratio is 1.3x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.