Saturday 17 October 2026 Export INSW’s income statement to Excel — free account

International Seaways Inc.

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%

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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

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 45.06

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	4	2	2	2	10	2	5	2	2	1	1	—

Insider Ownership 15.03%

Capital & Financial Ratios $m

Market Cap 5,600.00

Revenue 1,257.03

Net Income 779.12

Free Cash Flow 594.39

Net Debt 236.23

Current Ratio 5.94

Debt/Equity 0.29

P/E ratio 6.98

Fwd P/E 4.99

P/S ratio 4.33

P/B ratio 2.40

Past 5Y EPS Growth —

This Y EPS Growth 218.30%

Next Y EPS Growth (39.66%)

Next Y revenue growth 70.52%

Next 5Y EPS Growth 7.78%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 69.60%

10-year low 10-year high

P/S against its own 10 years 98.84%

10-year low 10-year high

P/B against its own 10 years 99.40%

10-year low 10-year high

EV/Sales against its own 10 years 79.94%

10-year low 10-year high

EV/FCF against its own 10 years 57.31%

10-year low 10-year high

Dividends

Payout Ratio 0.33

Annual Dividend Rate 5.17

Annual Dividend Yield 4.70%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	16.50	2.03 4.43 5.05
2025	3.92	0.12 0.48 0.12 0.12
2024	0.24	0.12 1.63 1.38 0.12
2023	0.24	0.12 0.12 1.30 1.13
2022	0.30	0.06 0.12 0.12 1.00
2021	1.36	0.06 0.06 1.12 1.12 0.06 0.06
2020	0.24	0.06 0.06 0.06 0.06
2019	Powerpack
2017	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	187	158	167	409
Receivables	261	199	192	335
Inventory	1	2	1	25
Other	5	2	0	—
	465	376	367	783

	2023	2024	2025	Q'26
Payables	58	66	70	91
ST’ Debt	127	50	26	39
Other	—	—	—	—
	196	131	99	132

Compound Annual Growth %

	10y	5y	3y
Sales	5.42%	14.87%	(0.83%)
Cash Flow	5.49%	11.95%	9.71%
Earnings	5.97%	0.00%	(7.27%)
Book Value	3.86%	15.76%	10.74%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	325	467	—	—	—
’25	183	196	196	268	843
’24	274	257	225	195	952
’23	287	292	242	251	1,072
’22	101	188	237	338	865
’21	47	46	85	95	273
’20	125	140	100	57	422

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	141	268	—	—	—
’25	70	86	78	146	380
’24	156	168	129	94	547
’23	221	194	148	125	688
’22	(20)	35	91	182	288
’21	(21)	(2)	(27)	(27)	(76)
’20	38	89	71	17	216

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	293	215	—	—	—
’25	102	95	57	29	284
’24	129	39	138	31	337
’23	174	72	142	156	544
’22	(34)	74	57	174	272
’21	(24)	(19)	63	(9)	11
’20	23	77	65	73	239

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	5.75	5.91	—	—	—
’25	1.00	1.25	1.42	2.56	6.23
’24	2.92	2.91	1.84	0.72	8.38
’23	3.47	3.11	1.99	2.68	11.25
’22	(0.26)	1.38	2.28	4.40	7.77
’21	(0.48)	(0.67)	(1.44)	(0.68)	(3.48)
’20	1.12	2.24	0.50	(4.18)	(0.20)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	9.00	14.14	15.23	15.15	12.44	13.77	13.05	33.04	32.11	27.20	Analyst estimates 2026–2028 Powerpack
	High	16.69	23.43	24.78	30.18	31.39	22.39	48.12	53.25	65.94	55.18
People
People	Employees	1,526	1,577	1,642	1,666	764	2,061	1,800	2,698	2,824	2,763
	Revenue/emp, $m	0.26	0.18	0.16	0.22	0.55	0.13	0.48	0.40	0.34	0.31
Income, $m
Income, $m	Revenue	398	290	270	366	422	273	865	1,072	952	843
	Gross margin, %	51.64	31.73	23.37	43.48	57.75	17.93	67.18	70.59	65.95	61.69
	EBT	(18)	(106)	(89)	(1)	(6)	(133)	388	560	416	309
	EBT margin, %	(4.46)	(36.55)	(32.94)	(0.23)	(1.31)	(48.81)	44.87	52.28	43.68	36.62
	Net income	(18)	(106)	(89)	(1)	(6)	(135)	388	556	417	309
	Depreciation	166	174	98	83	180	91	116	135	154	168
Per share, $
Per share, $	Revenue	13.66	9.95	9.28	12.53	14.86	7.10	17.51	21.88	19.31	17.09
	Earnings	(0.62)	(3.64)	(3.05)	(0.03)	(0.20)	(3.48)	7.85	11.35	8.45	6.27
	Cash flow	4.42	0.60	(0.43)	2.99	7.62	(1.98)	5.83	14.06	11.10	7.70
	Capex	(0.10)	(5.34)	0.66	(0.73)	0.80	2.26	(0.33)	(2.95)	(4.26)	(1.95)
	Free cash flow	4.32	(4.74)	0.23	2.26	8.41	0.28	5.50	11.11	6.84	5.75
	Book value	40.45	37.23	34.66	34.98	34.26	30.47	30.13	35.05	37.67	40.95
	Shares, m	29	29	29	29	28	38	49	49	49	49
Valuation, ×
Valuation, ×	P/E	0.00	0.00	0.00	0.00	0.00	0.00	4.43	4.11	4.25	7.76
	P/S	1.05	1.92	1.81	2.38	1.10	2.07	1.99	2.13	1.86	2.84
	P/B	0.36	0.51	0.49	0.85	0.48	0.48	1.16	1.33	0.95	1.19
	EV/Sales	1.93	3.62	4.60	3.94	1.90	5.76	2.80	2.63	2.42	3.31
	EV/FCF	6.09	(7.60)	183.61	21.81	3.35	148.16	8.92	5.18	6.83	9.85
Cash, $m
Cash, $m	Operating cash flow	129	17	(12)	87	216	(76)	288	688	547	380
	Capex	(3)	(156)	19	(21)	23	87	(16)	(144)	(210)	(96)
	Free cash flow	126	(138)	7	66	239	11	272	544	337	284
Balance, $m
Balance, $m	Working capital	126	85	92	73	148	(10)	385	269	245	268
	Total debt	440	553	811	661	536	1,105	1,023	723	688	567
	Net debt	348	493	752	571	336	1,007	700	536	531	400
	Shareholders’ equity	1,180	1,086	1,010	1,022	972	1,170	1,488	1,717	1,856	2,020
Returns, %
Returns, %	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
	ROE	(1.42)	(9.37)	(8.49)	(0.08)	(0.55)	(12.46)	29.19	34.73	23.33	15.96

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
SOBO South Bow Corporation	$7.0B	15.7×	21.2×	+4.20% (above 0%: growing)	+39.13% (above 0%: growing)	+48.75% (above 0%: growing)	55.68%	48.90%	Compare
HESM Hess Midstream Partners LP	$6.3B	10.6×	14.7×	−3.67% (below 0%: shrinking)	+1.35% (above 0%: growing)	+19.67% (above 0%: growing)	100.00%	63.46%	Compare
INSW International Seaways Inc.	$5.6B	7.0×	5.0×	+138.85% (above 0%: growing)	+376.80% (above 0%: growing)	+125.42% (above 0%: growing)	76.05%	64.49%
CMBT CMB.TECH nv	$5.2B	3.6×	5.4×	+519.15% (above 0%: growing)	n/m	+451.20% (above 0%: growing)	71.02%	54.45%	Compare
GLNG Golar LNG Limited	$4.6B	28.6×	46.3×	+100.86% (above 0%: growing)	−30.19% (below 0%: shrinking)	+33.24% (above 0%: growing)	67.68%	49.39%	Compare
STNG Scorpio Tankers Inc.	$4.2B	4.6×	5.7×	+77.54% (above 0%: growing)	+432.70% (above 0%: growing)	+490.32% (above 0%: growing)	80.00%	97.45%	Compare
TRMD TORM PLC	$4.0B	6.2×	—	+110.28% (above 0%: growing)	+451.67% (above 0%: growing)	+48.55% (above 0%: growing)	89.05%	53.58%	Compare
DHT DHT Holdings, Inc.	$3.8B	8.0×	4.7×	+122.12% (above 0%: growing)	+251.43% (above 0%: growing)	+122.28% (above 0%: growing)	83.01%	71.31%	Compare
SUNC SunocoCorp LLC	$3.7B	—	—	—	—	+1,501.72% (above 0%: growing)	10.27%	4.09%	Compare
Median of peers	$4.4B	8.0×	10.2×	+100.86%	+145.28%	+85.52%	75.51%	54.02%

All 58 Oil & Gas Midstream stocks →

International Seaways Inc. (INSW) key facts

Concern: International Seaways Inc.’s revenue for fiscal 2025 (year ended December 2025) was $843.3 million, down 11.4% from fiscal 2024.
Concern: Net income was $309.3 million, or $6.27 per share (basic), a net margin of 36.7%.
International Seaways Inc. (INSW) is an Oil & Gas Midstream company in the Energy sector, listed on the New York Stock Exchange.
As of October 16, 2026, INSW traded at $109.99, a market capitalization of $5.6 billion.
At that price the stock trades at 7.0× trailing-twelve-month earnings and 4.3× sales; its P/E is higher than 70% of its own readings over the past ten years.
International Seaways Inc. pays an annual dividend of $5.17 per share, a yield of 4.70%, with a payout ratio of 33.1%.
Return on equity was 16.0% and debt-to-equity 0.28.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 3.36 (safe zone) for fiscal 2025.