INSW

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International Seaways, Inc.

Cyclical demand Sells to businessesTags from an AI model reading the company description.

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Key Metrics

Previous Close: $114.60
52-Week Range: $42.26 – $116.13
Market Cap: $5.74B
P/E (TTM): 7.40
EPS (TTM): 15.64
Dividend Yield: 7.06%

Advanced Metrics

Price/Book: 2.53
PEG Ratio: —
Return on Equity: 37.41%
Return on Assets: 15.76%
Gross Margin: 72.50%
Operating Margin: 64.22%
Profit Margin: 61.77%
Current Ratio: 5.94
Debt/Equity: 0.29
Total Debt: $652.77M
Free Cash Flow: $69.65M
Revenue Growth: 140.10%
Earnings Growth: 373.10%
Enterprise Value: $5.98B

INSW Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$864.66M	$1.07B	$951.61M	$843.30M
Cost of Revenue	$394.15M	$444.24M	$473.45M	$486.68M
Gross Profit	$470.52M	$627.54M	$478.16M	$356.62M
Selling, General & Admin	$46.35M	$47.47M	$52.61M	$50.23M
Operating Expenses	$46.35M	$47.47M	$52.61M	$50.23M
Operating Income	$424.17M	$580.07M	$425.56M	$306.39M
EBITDA	$556.09M	$755.12M	$614.78M	$515.14M
Pretax Income	$387.98M	$560.32M	$415.64M	$308.85M
Income Tax	$88.00K	$3.88M	-$1.08M	-$411.00K
Net Income	$387.89M	$556.45M	$416.72M	$309.26M
Diluted EPS	7.77	11.25	8.38	6.23
Diluted Shares	49.84M	49.43M	49.68M	49.60M

INSW Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$243.74M	$126.76M	$157.51M	$116.92M
Receivables	$302.36M	$261.47M	$199.29M	$191.72M
Inventory	$531.00K	$1.33M	$1.88M	$611.00K
Current Assets	$642.62M	$464.98M	$376.32M	$367.05M
Total Assets	$2.62B	$2.52B	$2.64B	$2.67B
Current Liabilities	$257.39M	$195.57M	$130.94M	$98.89M
Long-Term Debt	$860.58M	$595.23M	$638.35M	$541.29M
Total Debt	$1.07B	$744.53M	$711.74M	$576.22M
Total Liabilities	$1.13B	$805.06M	$780.35M	$648.37M
Retained Earnings	-$21.45M	$226.83M	$359.14M	$523.79M
Shareholders' Equity	$1.49B	$1.72B	$1.86B	$2.02B
Working Capital	$385.23M	$269.41M	$245.39M	$268.15M
Net Debt	$779.69M	$595.92M	$530.90M	$450.16M

INSW Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	$287.80M	$688.40M	$547.14M	$380.05M
Capital Expenditure	-$116.69M	-$206.63M	-$285.18M	-$341.92M
Free Cash Flow	$171.12M	$481.77M	$261.96M	$38.13M
Depreciation & Amortisation	$110.39M	$129.04M	$149.44M	$163.59M
Stock-Based Compensation	$6.75M	$8.52M	$9.00M	$8.70M
Investing Cash Flow	$42.80M	-$124.27M	-$155.02M	-$141.31M
Financing Cash Flow	-$185.79M	-$681.12M	-$361.38M	-$279.32M
Dividends Paid	-$69.84M	-$308.15M	-$284.42M	-$144.61M
Share Repurchases	-$20.02M	-$13.95M	-$25.00M	$0.00
Net Change in Cash	$144.81M	-$116.98M	$30.75M	-$40.58M

INSW Income statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Revenue	$183.39M	$195.64M	$196.39M	$267.88M	$325.48M	$467.29M
Cost of Revenue	$120.93M	$125.22M	$118.04M	$122.49M	$117.53M	$151.61M
Gross Profit	$62.46M	$70.42M	$78.35M	$145.39M	$207.94M	$315.68M
Selling, General & Admin	$13.31M	$12.16M	$11.80M	$13.05M	$9.45M	$16.60M
Operating Expenses	$13.31M	$12.29M	$11.80M	$13.05M	$7.55M	$14.29M
Operating Income	$49.15M	$58.14M	$66.55M	$132.34M	$200.39M	$301.39M
EBITDA	$101.32M	$113.76M	$122.25M	$177.81M	$336.14M	$345.57M
Pretax Income	$49.56M	$61.65M	$70.55M	$127.09M	$286.14M	$294.92M
Income Tax	—	$0.00	$0.00	-$411.00K	—	-$1.00K
Net Income	$49.56M	$61.65M	$70.55M	$127.50M	$286.14M	$294.93M
Diluted EPS	1.00	1.25	1.42	2.56	5.75	5.91
Diluted Shares	49.53M	49.48M	49.61M	49.68M	49.71M	49.86M

INSW Balance Sheet statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Cash & Equivalents	$132.77M	$148.81M	$412.57M	$116.92M	$141.85M	$159.40M
Receivables	$176.06M	$169.94M	$168.67M	$191.72M	$268.19M	$334.88M
Inventory	$573.00K	$522.00K	$577.00K	$611.00K	$5.41M	$24.91M
Current Assets	$326.61M	$332.39M	$591.97M	$367.05M	$666.49M	$783.27M
Total Assets	$2.54B	$2.52B	$2.79B	$2.67B	$2.87B	$3.02B
Current Liabilities	$118.44M	$350.33M	$337.71M	$98.89M	$90.79M	$131.77M
Long-Term Debt	$544.73M	$259.80M	$509.53M	$541.29M	$573.93M	$606.42M
Total Debt	$613.88M	$561.73M	$803.84M	$576.22M	$610.12M	$652.77M
Total Liabilities	$673.55M	$623.44M	$855.79M	$648.37M	$677.07M	$753.61M
Retained Earnings	$374.21M	$406.24M	$438.77M	$523.79M	$703.50M	$773.11M
Shareholders' Equity	$1.87B	$1.90B	$1.93B	$2.02B	$2.19B	$2.27B
Working Capital	$208.17M	-$17.94M	$254.25M	$268.15M	$575.70M	$651.50M
Net Debt	$462.14M	$130.35M	$379.45M	$450.16M	$460.24M	$486.23M

INSW Cash Flow statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Operating Cash Flow	$69.95M	$85.78M	$78.33M	$146.00M	$141.06M	$267.68M
Capital Expenditure	-$83.35M	-$18.08M	-$87.74M	-$152.75M	-$70.97M	-$52.28M
Free Cash Flow	-$13.40M	$67.70M	-$9.42M	-$6.75M	$70.09M	$215.39M
Depreciation & Amortisation	$39.70M	$41.35M	$41.17M	$41.36M	$40.57M	$39.69M
Stock-Based Compensation	$1.95M	$1.84M	$2.02M	$2.89M	$1.46M	$1.57M
Investing Cash Flow	$36.91M	$9.57M	-$21.01M	-$166.79M	-$37.63M	-$67.74M
Financing Cash Flow	-$131.60M	-$79.31M	$206.44M	-$274.86M	-$78.50M	-$182.39M
Dividends Paid	-$34.49M	-$29.62M	-$38.01M	-$42.48M	-$106.44M	-$225.32M
Share Repurchases	—	—	—	$0.00	—	—
Net Change in Cash	-$24.74M	$16.04M	$263.76M	-$295.65M	$24.93M	$17.55M

Market Snapshot

About

International Seaways, Inc. is one of the largest tanker companies worldwide, providing energy transportation services for crude oil and petroleum products. The company operates a diverse fleet of modern vessels across spot and time charter markets, serving major oil companies, refineries, and trading houses. International Seaways maintains a strategic presence in key shipping routes globally, with a focus on operational excellence and safety standards. The company was spun off from Overseas Shipholding Group in 2016 and has established itself as a leading independent tanker operator.