International Seaways Financial Statements
NYSE: INSWConsumer DiscretionaryMarine TransportationUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
International Seaways revenue and earnings
In fiscal 2025, International Seaways generated $843.3 million in revenue, down 11.4% from fiscal 2024, its first annual decline since 2024. Net income was $309.3 million (-25.8% year over year), for a net margin of 36.7% versus a median of 43.8% in the prior 5 years. Operating margin was 41.0%.
Diluted earnings per share came in at $6.23, down from $8.38. Over the last 5 fiscal years, INSW's revenue has grown at a 14.9% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
International Seaways income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 843.30M | 951.61M | 1.07B | 864.66M | 272.55M | 421.65M | 366.18M | 270.36M | 290.10M | 398.32M |
| Revenue growth (YoY) | -11.38% | -11.21% | +23.95% | +217.25% | -35.36% | +15.15% | +35.44% | -6.80% | -27.17% | -19.96% |
| Operating Income | 345.38M | 455.23M | 615.43M | 442.65M | -112.14M | 39.88M | 55.17M | -54.53M | -107.94M | 7.21M |
| Interest Expense | 42.70M | 49.70M | 65.76M | 57.72M | 36.80M | 36.71M | 66.27M | 60.23M | 41.25M | 40.36M |
| Other Income (Expense) | 6.17M | 10.12M | 10.65M | 2.33M | -5.95M | -12.82M | -943.00K | -3.71M | -5.82M | -1.35M |
| Pretax Income | 308.85M | 415.64M | 560.32M | 387.98M | -133.04M | -5.53M | -829.00K | -89.05M | -106.04M | -17.65M |
| Income Tax | -411.00K | -1.08M | 3.88M | 88.00K | 1.62M | 1.00K | 1.00K | -105.00K | 44.00K | 440.00K |
| Net Income | 309.26M | 416.72M | 556.45M | 387.89M | -133.49M | -5.53M | -830.00K | -88.94M | -106.09M | -18.22M |
| Net Income growth (YoY) | -25.79% | -25.11% | +43.45% | — | — | — | — | — | — | -110.52% |
| EPS (Basic) | 6.27 | 8.45 | 11.35 | 7.85 | -3.48 | -0.20 | -0.03 | -3.05 | -3.64 | -0.62 |
| EPS (Diluted) | 6.23 | 8.38 | 11.25 | 7.77 | -3.48 | -0.20 | -0.03 | -3.05 | -3.64 | -0.62 |
| Shares Outstanding (Basic) | 49.34M | 49.27M | 48.98M | 49.38M | 38.41M | 28.37M | 29.23M | 29.14M | 29.16M | 29.16M |
| Shares Outstanding (Diluted) | 49.60M | 49.68M | 49.43M | 49.84M | 38.41M | 28.37M | 29.23M | 29.14M | 29.16M | 29.16M |
| EBITDA | 508.97M | 604.66M | 744.47M | 553.04M | -25.46M | 114.22M | 130.82M | 17.90M | -29.09M | 87.09M |
| Operating Margin | 40.96% | 47.84% | 57.42% | 51.19% | -41.14% | 9.46% | 15.07% | -20.17% | -37.21% | 1.81% |
| Net Margin | 36.67% | 43.79% | 51.92% | 44.86% | -48.98% | -131.00% | -23.00% | -32.90% | -36.57% | -4.57% |
This table shows 10 annual periods of International Seaways's income statement, from FY 2025 back to FY 2016, across 14 line items including revenue, operating income, interest expense. Values in USD; B = billions, M = millions. Fiscal periods follow INSW's reporting calendar. What is a income statement?