|
Monaco - Feb. 12, 2026
Results for the three months ended December 31, 2025 and 2024 For the three months ended December 31, 2025, the Company had net income of $128.1 million, or $2.72 basic and $2.59 diluted earnings per share. For the three months ended December 31, 2025, the Company had adjusted net income (see Non-IFRS Measures section below) of $80.0 million, or $1.70 basic and $1.62 diluted earnings per share, which excludes from net income (i) a $45.5 million, or $0.96 per basic and $0.92 per diluted share, gain on sales of vessels, (ii) a $5.5 million, or $0.12 per basic and $0.11 per diluted share, fair value gain on financial assets measured at fair value, and (iii) a $2.9 million, or $0.06 per basic and diluted share, loss on extinguishment of debt and write-off of deferred financing fees. For the three months ended December 31, 2024, the Company had net income of $68.6 million, or $1.48 basic and $1.43 diluted earnings per share. For the three months ended December 31, 2024, the Company had adjusted net income (see Non-IFRS Measures section below) of $30.3 million, or $0.65 basic and $0.63 diluted earnings per share, which excludes from net income (i) a $52.6 million, or $1.13 per basic and $1.09 per diluted share, gain on sales of vessels, (ii) a $13.9 million, or $0.30 per basic and $0.29 per diluted share, fair value loss on financial assets measured at fair value, and (iii) a $0.5 million, or $0.01 per basic and diluted share, loss on extinguishment of debt and write-off of deferred financing fees. Results for the year ended December 31, 2025 and 2024 For the year ended December 31, 2025, the Company had net income of $344.3 million, or $7.40 basic and $7.03 diluted earnings per share. For the year ended December 31, 2025, the Company had adjusted net income (see Non-IFRS Measures section below) of $269.5 million, or $5.79 basic and $5.51 diluted earnings per share, which excludes from net income (i) a $45.5 million, or $0.98 per basic and $0.93 per diluted share, gain on sales of vessels, (ii) a $35.2 million, or $0.76 per basic and $0.72 per diluted share, fair value gain on financial assets measured at fair value, and (iii) a $5.9 million, or $0.13 per basic and $0.12 per diluted share, loss on extinguishment of debt and write-off of deferred financing fees. For the year ended December 31, 2024, the Company had net income of $668.8 million, or $13.78 basic and $13.15 diluted earnings per share. For the year ended December 31, 2024, the Company had adjusted net income (see Non-IFRS Measures section below) of $512.9 million, or $10.57 basic and $10.08 diluted earnings per share, which excludes from net income (i) a $176.5 million, or $3.64 per basic and $3.47 per diluted share, gain on sales of vessels, (ii) a $2.8 million, or $0.06 per basic and diluted share, gain on sale of a vessel within a joint venture, (iii) a $15.0 million, or $0.31 per basic and $0.29 per diluted share, fair value loss on financial assets measured at fair value, and (iv) a $8.5 million, or $0.18 per basic and $0.17 per diluted share, loss on extinguishment of debt and write-off of deferred financing fees. Declaration of Dividend On February 11, 2026, the Company's Board of Directors declared a quarterly cash dividend of $0.45 per common share, with a payment date of March 20, 2026 to all shareholders of record as of March 6, 2026 (the record date). As of February 12, 2026, there were 51,762,790 common shares of the Company issued and outstanding. Full report About Scorpio Tankers Inc. Scorpio Tankers Inc. is a provider of marine transportation of petroleum products worldwide. Scorpio Tankers Inc. currently owns or lease finances 93 product tankers (37 LR2 tankers, 42 MR tankers and 14 Handymax tankers) with an average age of 9.8 years. The Company has entered into agreements to sell four LR2 product tankers which are expected to close in the first quarter or second quarter of 2026. The Company has also reached agreements for four MR newbuildings that are currently under construction with deliveries expected in 2026 and 2027, two LR2 newbuildings with deliveries expected in the third quarter of 2027 and two VLCC newbuildings with deliveries expected in the second half of 2028. Additional information about the Company is available at the Company's website www.scorpiotankers.com, which is not a part of this press release. Scorpio Tankers Inc. press release
|