International Seaways Inc. EBIT Margin

EBIT Margin of INSW for past 10 years: annual, quarterly and twelve month trailing (TTM) including EBIT Margin growth rates and interactive chart. Earnings before interest and taxes margin is an indicator of a company's profitability. Calculated as earnings before interest and taxes (EBIT) divided by revenue. It is useful for comparison of companies with different debt levels and tax rates. And EBIT margin gives a clear picture about the underlying profitability of a company's core operations. EBIT is also referred to as operating earnings, operating profit, and profit before interest and taxes.

Highlights and Quick Summary

  • EBIT Margin for the quarter ending March 30, 2021 was -13.64% (a -92.95% decrease compared to previous quarter)
  • Year-over-year quarterly EBIT Margin decreased by -126.08%
  • Annual EBIT Margin for 2020 was 66.5% (a 119.33% increase from previous year)
  • Annual EBIT Margin for 2019 was 30.32% (a -222.21% decrease from previous year)
  • Annual EBIT Margin for 2018 was -24.81% (a 22.04% increase from previous year)
  • Twelve month EBIT Margin ending March 30, 2021 was -6.07% (a -158.14% decrease compared to previous quarter)
  • Twelve month trailing EBIT Margin decreased by -116.39% year-over-year
Trailing EBIT Margin for the last four month:
30 Mar '21 30 Dec '20 29 Sep '20 29 Jun '20
-6.07% 10.44% 38.25% 37.03%
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Historical EBIT Margin of International Seaways Inc.

Most recent EBIT Marginof INSW including historical data for past 10 years.

Interactive Chart of EBIT Margin of International Seaways Inc.

International Seaways Inc. EBIT Margin for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 -13.64%
2020 -193.55% 22.21% 52.31% 46.64% 66.5%
2019 26.83% 7.9% 0.12% 26.89% 30.32%
2018 24.66% -50.36% -1.49% -35.33% -24.81%
2017 -114.44% -18.12% 5.99% 30.46% -20.33%
2016 -54.17% -43.67% 39.84% 50.32% 6.04%
2015 48.78% 44.59%
2014 8.22%
2013 -70.96%

Business Profile of International Seaways Inc.

Sector: Industrials
Industry: Marine Shipping
International Seaways, Inc. owns and operates a fleet of oceangoing vessels for the transportation of crude oil and petroleum products in the International Flag trade. It operates through two segments, Crude Tankers and Product Carriers. As of March 12, 2021, the company owned and operated a fleet of 36 vessels, including 11 very large crude carriers, 2 Suezmaxes, 4 Aframaxes/LR2s, 13 Panamaxes/LR1s, and 4 medium range tankers, as well as had ownership interests in two floating storage and offloading service vessels. It serves independent and state-owned oil companies, oil traders, refinery operators, and international government entities. The company was formerly known as OSG International, Inc. and changed its name to International Seaways, Inc. in October 2016. The company was incorporated in 1999 and is headquartered in New York, New York.