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International Seaways Inc (INSW) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

ENERGY · OIL & GAS MIDSTREAM · DATA UPDATED 2026-08-22

International Seaways Inc (INSW) operates in the OIL & GAS MIDSTREAM industry and is headquartered in New York, United States with about 2,837 employees. Its market capitalization is roughly $6 billion. In the fiscal year ended 2025-12-31, INSW reported $843M in revenue and $309M in net income.

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. The company operates in two segments: Crude Tankers and Product Carriers.

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INSW Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-31
Total Revenue$1.3B$843M$952M$1.1B$865M$273M$422M$366M$270M$290M$398M$498M$517M$585M
Gross Profit$831M$357M$478M$628M$471M($38M)$169M$84M($9M)$13M$126M$213M$67M$2M
Gross Margin %66.0%42.3%50.2%58.6%54.4%-13.9%40.1%22.8%-3.4%4.5%31.6%42.9%13.0%0.4%
Operating Income (EBIT)$740M$306M$455M$615M$443M($90M)$44M$66M($25M)($59M)$23M$222M$42M($415M)
Operating Margin %58.8%36.3%47.8%57.4%51.3%-33.1%10.4%18.1%-9.3%-20.4%5.7%44.6%8.2%-71.0%
Net Income$779M$309M$417M$556M$388M($133M)($6M)($1M)($89M)($106M)($18M)$173M($119M)($724M)
Net Margin %61.9%36.7%43.8%51.9%44.9%-49.0%-1.3%-0.2%-32.9%-36.6%-4.6%34.8%-23.0%-123.6%
EBITDA$1.3B$515M$615M$755M$556M($10M)$106M$141M$43M$14M$101M$298M$23M($611M)
Earnings Per Share (EPS)$15.66$6.24$8.39$11.26$7.78$-3.48$-0.19$-0.03$-3.05$-3.64$-0.62$5.94$-4.08$-24.82
Shares Outstanding (M)50M50M50M49M50M38M28M29M29M29M29M29M29M29M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

INSW Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$470M$325M$268M$196M$196M$183M$195M$225M
Gross Profit$358M$208M$145M$120M$70M$62M$69M$140M
Gross Margin %76.2%63.9%54.3%60.9%36.0%34.1%35.5%62.3%
Operating Income (EBIT)$301M$198M$132M$108M$58M$59M$45M$101M
Operating Margin %64.1%61.0%49.4%54.9%29.8%32.3%23.1%44.8%
Net Income$295M$286M$128M$71M$62M$50M$36M$92M
Net Margin %62.8%87.9%47.6%35.9%31.5%27.0%18.4%40.7%
EBITDA$345M$622M$178M$192M$112M$101M$80M$145M
Earnings Per Share (EPS)$5.92$5.76$2.57$1.42$1.25$1.00$0.72$1.84
Shares Outstanding (M)50M50M50M50M49M50M50M50M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

INSW Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-31
Cash from Operations (CFO)$633M$380M$547M$688M$288M($76M)$216M$87M($12M)($4M)$117M$223M($253M)$102M
Capital Expenditures (CapEx)$364M$342M$285M$207M$117M$79M$51M$37M$150M$174M$3M$1M$21M$35M
Free Cash Flow (FCF)$269M$38M$262M$482M$171M($155M)$166M$50M($163M)($178M)$114M$222M($275M)$66M
FCF Margin %21.4%4.5%27.5%45.0%19.8%-57.0%39.3%13.7%-60.1%-61.3%28.6%44.6%-53.1%11.3%
Dividends Paid$412M$145M$284M$308M$70M$41M$7M$7M$7M$7M$202M$200M$200M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

INSW Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)$268M$141M$146M$78M$86M$70M$94M$129M
Capital Expenditures (CapEx)$52M$71M$153M$88M$18M$83M$68M$14M
Free Cash Flow (FCF)$215M$70M($7M)($9M)$68M($13M)$26M$115M
FCF Margin %45.9%21.5%-2.5%-4.8%34.6%-7.3%13.3%51.2%
Dividends Paid$225M$106M$42M$38M$30M$34M$59M$74M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

INSW Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-31
Total Assets$3.0B$2.7B$2.6B$2.5B$2.6B$2.3B$1.6B$1.8B$1.8B$1.7B$1.7B$2.0B$2.0B
Cash & Cash Equivalents$159M$117M$158M$127M$244M$98M$199M$90M$58M$60M$92M$309M$178M
Total Liabilities$754M$648M$780M$805M$1.1B$1.2B$614M$731M$839M$579M$483M$646M$644M
Total Debt (Short + Long-Term)$41M$570M$703M$733M$1.1B$1.1B$545M$674M$811M$562M$440M$595M$601M
Total Shareholders' Equity$2.3B$2.0B$1.9B$1.7B$1.5B$1.2B$972M$1.0B$1.0B$1.1B$1.2B$1.4B$1.4B

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive INSW viewer.

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