INSW
International Seaways Inc
NYSE: INSW · ENERGY · OIL & GAS MIDSTREAM
$81.22
-0.81% today
Updated 2026-04-29
Market cap
$4.01B
P/E ratio
13.04
P/S ratio
4.76x
EPS (TTM)
$6.23
Dividend yield
0.59%
52W range
$31 – $83
Volume
0.6M
International Seaways Inc (INSW) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $585.36M | $517.02M | $497.63M | $398.32M | $290.10M | $270.36M | $366.18M | $421.65M | $272.55M | $864.66M | $1.07B | $951.61M | $843.30M |
| Revenue growth (YoY) | — | -11.7% | -3.7% | -20.0% | -27.2% | -6.8% | +35.4% | +15.1% | -35.4% | +217.3% | +24.0% | -11.2% | -11.4% |
| Cost of revenue | $583.22M | $449.69M | $284.22M | $272.51M | $276.89M | $279.60M | $282.63M | $252.47M | $310.35M | $394.15M | $444.24M | $473.45M | $486.68M |
| Gross profit | $2.14M | $67.33M | $213.41M | $125.81M | $13.21M | $-9.24M | $83.55M | $169.18M | $-37.80M | $470.52M | $627.54M | $478.16M | $356.62M |
| Gross margin | 0.4% | 13.0% | 42.9% | 31.6% | 4.6% | -3.4% | 22.8% | 40.1% | -13.9% | 54.4% | 58.6% | 50.2% | 42.3% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $69.85M | $56.01M | $41.55M | $40.66M | $25.34M | $24.30M | $26.80M | $28.98M | $33.23M | $46.35M | $47.47M | $52.61M | $50.23M |
| Operating income | $-415.38M | $42.48M | $221.87M | $22.79M | $-59.26M | $-25.10M | $66.38M | $44.00M | $-90.30M | $443.37M | $615.43M | $455.23M | $306.39M |
| Operating margin | -71.0% | 8.2% | 44.6% | 5.7% | -20.4% | -9.3% | 18.1% | 10.4% | -33.1% | 51.3% | 57.4% | 47.8% | 36.3% |
| EBITDA | $-610.56M | $22.83M | $297.93M | $101.06M | $13.93M | $43.12M | $141.09M | $105.53M | $-9.57M | $556.09M | $755.12M | $614.78M | $511.95M |
| EBITDA margin | -104.3% | 4.4% | 59.9% | 25.4% | 4.8% | 15.9% | 38.5% | 25.0% | -3.5% | 64.3% | 70.5% | 64.6% | 60.7% |
| EBIT | $-719.24M | $-62.10M | $216.28M | $21.18M | $-64.93M | $-29.31M | $65.44M | $31.18M | $-96.25M | $445.70M | $626.08M | $465.34M | $348.37M |
| Interest expense | $350000.00 | $56.26M | $42.97M | $40.36M | $41.25M | $60.23M | $66.27M | $36.71M | $36.80M | $57.72M | $65.76M | $49.70M | $39.52M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-723.80M | $-119.10M | $173.17M | $-18.22M | $-106.09M | $-88.94M | $-830000.00 | $-5.53M | $-133.49M | $387.89M | $556.45M | $416.72M | $309.26M |
| Net income growth (YoY) | — | +83.5% | +245.4% | -110.5% | -482.2% | +16.2% | +99.1% | -566.4% | -2313.5% | +390.6% | +43.5% | -25.1% | -25.8% |
| Profit margin | -123.7% | -23.0% | 34.8% | -4.6% | -36.6% | -32.9% | -0.2% | -1.3% | -49.0% | 44.9% | 51.9% | 43.8% | 36.7% |