NYSE$STNG

Scorpio Tankers Inc · Q4 2025 earnings

Q4 2025 earnings · · Before market open · Investor relations

Briefing

Scorpio Tankers reported significantly higher fourth quarter 2025 net income driven by stronger TCE rates and vessel sales, and increased its quarterly dividend.

For Q4 2025, Scorpio Tankers generated vessel revenue of 252652000 and net income of 128118000, with diluted EPS of 2.59. TCE revenue rose to 241424000 supported by higher average daily TCE rates of 28066 per vessel, while adjusted EBITDA reached 151561000.

  • Net income was 128118000, or 2.59 diluted EPS, compared to 68557000 a year earlier.
  • TCE revenue increased to 241424000 from 192145000 year over year.
  • Average daily TCE revenue rose to 28066 per vessel from 21978.
  • Quarterly dividend was increased to 0.45 per share.

Headline financials

Total Revenue

$253M

No prior period
EPS (adj)

$1.62

No prior period
TCE Revenue

$241M

No prior period
Avg Daily TCE

$28.1K

No prior period
Avg Number of Vessels

96.5

No prior period
Vessel Operating Costs

$74.2M

No prior period
Avg Daily OpEx per Vessel

$8.36K

No prior period
Financial Expenses

$19.2M

No prior period
Adjusted EBITDA

$152M

No prior period
Quarterly Dividend per Share

$0.45

No prior period
Net Income

$128M

No prior period
Operating Income

$133M

No prior period

Revenue & EPS history

Scorpio Tankers · Revenue · Quarterly

$253M

Q4 2025
Beat estimate in 7 of 14 quarters(50%)
ActualEstimate

Forward guidance

The company highlighted strong spot and charter market conditions entering 2026, ongoing fleet renewal with newbuild deliveries through 2029, and a strengthened balance sheet following significant debt prepayments.

Tailwinds

  • Strong Q1 2026 contracted TCE rates across LR2, MR and Handymax segments.
  • Increased quarterly dividend to 0.45 per share.
  • Net debt position improved to negative net debt as of February 10, 2026.
  • Significant liquidity of 937100000 in unrestricted cash as of February 10, 2026.
  • Expanded fleet with committed LR2, MR and VLCC newbuildings.

Headwinds

  • Exposure to tanker rate volatility in spot markets.
  • Ongoing drydock and off-hire days impacting utilization.
  • Capital commitments of 709800000 for vessels under construction.
  • Sensitivity to geopolitical disruptions and sanctions regimes.
  • Potential variability from vessel sales and fair value adjustments.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

+2.6%

Avg return

Earnings day

+2.4%

Avg return

5 days after

+2.5%

Avg return

30 days after

59%

27 / 46 earnings

Positive

+24.9%

Q4 2016

Best reaction

-8.5%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.3%+1.5%-9.8%
Q4 2025-3.0%+0.2%-5.0%
Q3 2024-4.7%-4.2%-16.8%
Q4 2023+4.4%+3.1%+5.8%
Q3 2023+7.3%+7.0%-1.1%
Q2 2023+5.3%+5.3%+6.0%
Q1 2023-7.4%-8.6%-8.4%
Q4 2022+1.9%-0.1%-11.5%
Q3 2022+4.2%+7.1%+6.2%
Q2 2022-6.5%-3.1%-0.2%
Q1 2022+4.3%+11.9%+41.6%
Q4 2021+1.9%+0.6%+12.7%
Q3 2021+17.1%+5.6%-12.7%
Q2 2021-2.8%-3.3%+11.5%
Q1 2021+10.8%+5.9%+18.7%
Q4 2020+6.7%-1.1%+25.2%
Q3 2020+5.4%+25.4%+42.5%
Q2 2020-6.4%-9.2%-13.7%
Q1 2020-8.5%-16.9%-19.0%
Q4 2019-3.5%-20.0%-37.8%
Q3 2019-5.4%-2.8%+9.4%
Q2 2019-5.0%-10.8%-1.0%
Q1 2019+6.8%+5.1%+0.3%
Q4 2018+10.8%+11.8%+4.2%
Q3 2018+13.2%+21.0%+24.0%
Q2 2018-5.6%-2.8%-9.3%
Q1 2018+12.7%+12.2%+17.3%
Q4 2017+6.5%+0.4%-5.6%
Q3 2017+0.3%-0.3%-6.5%
Q2 2017-0.9%+2.6%+2.6%
Q1 2017+12.8%+6.4%-6.4%
Q4 2016+24.9%+20.1%+12.0%
Q3 2016-2.9%+2.9%-0.7%
Q2 2016+9.7%+8.5%+11.8%
Q1 2016-1.4%
Q4 2015+6.7%
Q3 2015-3.0%
Q2 2015-1.5%
Q1 2015+2.5%
Q4 2014+4.5%
Q3 2014+1.2%
Q2 2014-1.3%
Q1 2014+2.9%
Q4 2013-1.0%
Q2 2013-0.5%
Q1 2013+5.1%

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