International Seaways Inc.

INSW Energy Oil & Gas Midstream

International Seaways Inc.’s revenue for fiscal 2025 (year ended December 2025) was $843.3 million, down 11.4% from fiscal 2024. In the quarter to June 2026, revenue grew 138.9%, EPS grew 376.8%, free cash flow grew 125.4% and total debt rose 18.0%, each against the same quarter a year earlier.

109.99 3.12 −2.76%
Market cap
$5.6B
P/E
7.0×
Fwd P/E
5.0×
Dividend yield
4.70%
F-score
5/9
Altman Z
3.36
Beneish M
−2.53
Dividend safety
54/100
Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Dec '21 Dec '22 Dec '23 Dec '24 Dec '25
P/E ratio
0.00 0.00 0.00 0.00 0.00 0.00 4.43 4.11 4.25 7.76
Piotroski F-Score
3 2 3 6 7 1 7 8 4 5
P/S ratio
1.05 1.92 1.81 2.38 1.10 2.07 1.99 2.13 1.86 2.84
Altman Z-Score
0.82 0.52 0.31 0.88 0.68 0.03 2.03 3.14 2.59 3.36
Altman Z″-Score (non-manufacturers)
3.01 1.71 1.03 1.49 1.89 0.19 3.46 4.87 4.71 5.44
P/FCF ratio
3.33 0.00 72.48 13.16 1.94 53.18 6.34 4.19 5.25 8.44
Beneish M-Score
(2.80) (2.61) (1.99) (2.95) (3.68) 0.66 (0.85) (2.90) (2.77) (2.53)
P/Operating CF
(189.51) 88.43 (34.25) 19.71 26.71 (20.76) 9.49 18.18 18.91 16.41
Dividend Safety Score
— — — — — — — — — 54
P/B ratio
0.36 0.51 0.49 0.85 0.48 0.48 1.16 1.33 0.95 1.19
Price to Tangible BV
0.36 0.51 0.49 0.85 0.48 0.48 1.19 1.36 0.97 1.21
EV/Sales
1.93 3.62 4.60 3.94 1.90 5.76 2.80 2.63 2.42 3.31
EV/EBITDA
4.04 9.16 17.13 9.68 3.57 1,407.63 4.33 3.76 3.78 5.45
EV/Operating CF
5.95 60.39 (99.60) 16.47 3.70 (20.62) 8.42 4.09 4.21 7.36
EV/FCF
6.09 (7.60) 183.61 21.81 3.35 148.16 8.92 5.18 6.83 9.85
Quick Ratio
3.64 2.60 2.10 1.55 2.27 0.90 2.43 2.29 2.73 3.63
Current Ratio
3.79 2.79 2.23 1.64 2.36 0.96 2.50 2.38 2.87 3.71
Net Debt/EBITDA
1.83 4.30 10.37 3.84 1.50 902.42 1.25 0.71 0.87 0.78
Debt/Assets
26.44% 33.22% 43.85% 37.70% 33.77% 47.09% 39.13% 28.66% 26.11% 21.25%
Debt/Equity
0.37 0.51 0.80 0.65 0.55 0.94 0.69 0.42 0.37 0.28
Asset Turnover
0.22 0.17 0.15 0.20 0.25 0.14 0.35 0.42 0.37 0.32
Operating CF/Net income
(7.08) (0.16) 0.14 (105.40) (39.08) 0.57 0.74 1.24 1.31 1.23
Capex/Depreciation
(0.02) (0.90) 0.20 (0.26) 0.13 0.95 (0.14) (1.07) (1.37) (0.57)
Interest Coverage
0.60 (1.43) (0.42) 1.00 1.20 (2.45) 7.68 9.36 9.16 8.09
ROE
(1.42%) (9.37%) (8.49%) (0.08%) (0.55%) (12.46%) 29.19% 34.73% 23.33% 15.96%
ROA
(0.99%) (6.38%) (5.06%) (0.05%) (0.33%) (6.79%) 15.63% 21.66% 16.16% 11.66%
ROIC
0.98% (2.34%) (0.89%) 2.60% 2.10% (2.59%) 12.67% 17.08% 11.92% 8.92%
Return on Tangible Assets
(1.49%) (8.92%) (6.25%) (0.06%) (0.44%) (7.45%) 18.78% 25.48% 18.15% 13.18%
Average Days of Receivables
66.18 78.76 134.83 87.50 41.41 150.99 127.63 89.04 76.44 82.98
Research and Development Expense of Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Selling, General and Administrative Expense of Revenue
7.62% 8.43% 8.99% 7.32% 6.87% 12.19% 5.36% 4.43% 5.53% 5.96%
Intangible Assets out of Total Assets
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Share Based Compensation of Revenue
0.71% 1.31% 1.17% 1.17% 1.34% 3.86% 0.78% 0.79% 0.95% 1.03%
Graham Net Nets
(0.74) (0.80) (1.37) (0.63) (0.77) (1.69) (0.28) (0.15) (0.23) (0.12)
Graham Number
0.00 0.00 0.00 0.00 0.00 0.00 73.09 94.57 84.68 75.95
Earnings Yield
(4.31%) (19.09%) (18.17%) (0.13%) (1.78%) (22.28%) 22.58% 24.34% 23.54% 12.89%
Free Cash Flow Yield
30.05% (24.79%) 1.38% 7.60% 51.52% 1.88% 15.76% 23.85% 19.04% 11.85%
Revenue per Share
13.66 9.95 9.28 12.53 14.86 7.10 17.51 21.88 19.31 17.09
Operating CF per Share
4.42 0.60 (0.43) 2.99 7.62 (1.98) 5.83 14.06 11.10 7.70
Capex per Share
(0.10) (5.34) 0.66 (0.73) 0.80 2.26 (0.33) (2.95) (4.26) (1.95)
Free Cash Flow per Share
4.32 (4.74) 0.23 2.26 8.41 0.28 5.50 11.11 6.84 5.75
Cash per Share
3.16 2.06 2.00 3.07 7.03 2.55 6.56 3.81 3.20 3.38
Shareholders Equity per Share
40.45 37.23 34.66 34.98 34.26 30.47 30.13 35.05 37.67 40.95
Interest Debt per Share
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Book value per Share
40.45 37.23 34.66 34.98 34.26 30.47 30.13 35.05 37.67 40.95
Free Cash Flow
126.07 (138.20) 6.77 66.07 238.71 10.60 271.63 544.14 337.12 283.74
Working Capital
125.81 84.56 92.35 72.87 147.94 (10.11) 385.23 269.41 245.39 268.16
Capital Expenditures
(2.89) (155.60) 19.25 (21.41) 22.57 86.80 (16.17) (144.27) (210.02) (96.31)
Net Current Asset Value
(312.10) (447.04) (671.13) (543.86) (357.66) (951.95) (484.97) (340.08) (404.03) (281.32)
EV/EBIT
31.89 0.00 0.00 21.71 18.18 0.00 5.47 4.58 5.06 8.09
Capex to Sales
0.01 0.54 (0.07) 0.06 (0.05) (0.32) 0.02 0.13 0.22 0.11
Price to Operating Income
17.44 0.00 0.00 13.10 10.53 0.00 3.89 3.71 3.89 6.93
Other line items
Depreciation/Fixed assets
0.15 0.16 0.07 0.06 0.16 0.05 0.07 0.07 0.07 0.08
Cash ROIC
7.37% (8.14%) 0.36% 3.73% 13.98% 0.45% 9.58% 20.72% 12.48% 10.30%
Accounts Receivable Turnover
5.25 4.30 3.33 3.90 6.22 3.39 4.17 3.80 4.13 4.31
Accounts Payable Turnover
5.58 6.49 9.04 8.19 5.75 5.64 5.91 5.78 5.22 4.74
Inventory Turnover
81.38 85.96 65.40 59.46 47.52 78.33 214.89 338.92 202.25 259.93
Average Days of Payables
72.45 42.03 40.54 48.59 70.54 73.37 65.69 67.05 74.65 78.99
Days of Inventory on Hand
2.54 6.03 5.40 6.87 7.38 3.44 0.68 1.54 2.11 0.69
Average Receivables
75.82 67.41 81.23 93.83 67.81 80.29 207.55 281.91 230.38 195.51
Average Payables
34.51 30.52 22.91 25.28 30.99 39.69 48.02 54.49 62.08 68.09
Average Inventory
2.37 2.30 3.17 3.48 3.75 2.86 1.32 0.93 1.60 1.24
Average Assets
1,846.24 1,663.50 1,756.54 1,801.05 1,670.02 1,966.66 2,481.06 2,568.58 2,579.11 2,652.52
Average Common Equity
1,281.65 1,132.58 1,047.75 1,016.07 997.17 1,071.19 1,329.04 1,602.25 1,786.40 1,938.16

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