International Seaways (INSW) Financials

$32.37 -0.87 (-2.62%)

As of 04/14/2025 03:58 PM Eastern

Annual Income Statements for International Seaways

This table shows International Seaways' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	-	-	-18	-106	-89	-366	-5.53	-133	388	556	417
Consolidated Net Income / (Loss)	0.00	-	-18	-106	-89	-1.66	-5.53	-135	388	556	417
Net Income / (Loss) Continuing Operations	-	-	-18	-106	-89	-366	-5.53	-135	388	556	417
Total Pre-Tax Income	-	-	-18	-106	-89	-0.83	-5.53	-133	388	560	416
Total Operating Income	-	-	7.21	-108	-55	55	40	-112	443	615	455
Total Gross Profit	-	-	385	290	270	0.00	422	273	865	1,072	952
Total Revenue	-	-	398	290	270	0.00	422	273	865	1,072	952
Operating Revenue	-	-	398	290	270	-	422	273	865	1,072	952
Total Cost of Revenue	-	-	13	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Operating Expenses	-	-	378	398	325	310	382	385	422	456	496
Selling, General & Admin Expense	-	-	30	24	24	27	29	33	46	47	55
Depreciation Expense	-	-	80	79	72	76	74	87	110	129	149
Other Operating Expenses / (Income)	-	-	188	208	208	207	178	275	285	316	324
Other Special Charges / (Income)	-	-	-	-	-	-	-	-9.75	-20	-36	-33
Total Other Income / (Expense), net	-	-	-25	1.90	-35	-56	-45	-21	-55	-55	-40
Interest Expense	-	-	40	41	60	66	37	37	58	66	50
Interest & Investment Income	-	-	17	49	29	11	4.12	22	0.71	0.00	0.00
Other Income / (Expense), net	-	-	-1.35	-5.82	-3.72	-0.94	-13	-5.95	2.33	11	10
Income Tax Expense	-	-	0.44	0.04	-0.11	0.00	0.00	1.62	0.09	3.88	-1.08
Basic Earnings per Share	-	-	($0.62)	($3.64)	($3.05)	($0.03)	($0.20)	($3.48)	$7.85	$11.35	$8.45
Weighted Average Basic Shares Outstanding	-	-	29.16M	29.16M	29.14M	29.23M	28.37M	38.41M	49.38M	48.98M	49.27M
Diluted Earnings per Share	-	-	($0.62)	($3.64)	($3.05)	($0.03)	($0.20)	($3.48)	$7.77	$11.25	$8.38
Weighted Average Diluted Shares Outstanding	-	-	29.16M	29.16M	29.14M	29.23M	28.37M	38.41M	49.84M	49.43M	49.68M
Weighted Average Basic & Diluted Shares Outstanding	-	-	29.20M	29.16M	29.14M	29.23M	28.37M	49.60M	49.12M	48.93M	49.19M
Cash Dividends to Common per Share	-	$6.86	$6.93	$6.93	-	-	-	-	$1.42	$6.29	$5.77

This table shows International Seaways' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	113	218	173	154	98	132	144	145	92	36
Consolidated Net Income / (Loss)	113	218	173	154	98	132	144	145	92	36
Net Income / (Loss) Continuing Operations	113	218	173	154	98	132	144	145	92	36
Total Pre-Tax Income	113	218	173	154	98	136	144	145	92	35
Total Operating Income	128	232	185	169	114	147	154	155	101	45
Total Gross Profit	237	338	287	292	242	251	274	257	225	195
Total Revenue	237	338	287	292	242	251	274	257	225	195
Operating Revenue	237	338	287	292	242	251	274	257	225	195
Total Operating Expenses	108	106	102	124	128	103	120	103	124	150
Selling, General & Admin Expense	12	13	11	12	12	12	12	13	14	15
Depreciation Expense	28	28	30	32	33	34	34	37	39	39
Other Operating Expenses / (Income)	69	74	72	80	82	83	74	81	84	86
Other Special Charges / (Income)	-	-	-11	0.03	0.07	-25	-0.05	-28	-13	8.75
Total Other Income / (Expense), net	-15	-14	-13	-15	-16	-12	-9.93	-10	-9.29	-10
Interest Expense	15	17	17	18	17	14	13	12	12	12
Other Income / (Expense), net	0.36	2.77	4.28	3.38	0.65	2.34	2.95	2.36	3.21	1.59
Income Tax Expense	0.01	0.03	-0.00	0.38	0.05	3.45	0.00	0.00	-0.00	-1.08
Basic Earnings per Share	$2.30	$4.42	$3.51	$3.13	$2.00	$2.71	$2.95	$2.93	$1.85	$0.72
Weighted Average Basic Shares Outstanding	49.31M	49.38M	49.14M	49.03M	48.86M	48.98M	48.97M	49.39M	49.54M	49.27M
Diluted Earnings per Share	$2.28	$4.37	$3.47	$3.11	$1.99	$2.68	$2.92	$2.91	$1.84	$0.71
Weighted Average Diluted Shares Outstanding	49.74M	49.84M	49.65M	49.40M	49.28M	49.43M	49.38M	49.72M	49.88M	49.68M
Weighted Average Basic & Diluted Shares Outstanding	49.08M	49.12M	49.23M	48.89M	48.91M	48.93M	49.37M	49.69M	49.19M	49.19M

This table details how cash moves in and out of International Seaways' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	4.30	131	-226	-21	47	33	65	-117	145	-117	31
Net Cash From Operating Activities	-253	223	129	17	-12	87	216	-76	288	688	547
Net Cash From Continuing Operating Activities	-253	223	129	17	-12	87	216	-76	288	688	547
Net Income / (Loss) Continuing Operations	-119	173	-18	-106	-89	-0.83	-5.53	-135	388	556	417
Consolidated Net Income / (Loss)	-119	173	-18	-106	-89	-0.83	-5.53	-135	388	556	417
Depreciation Expense	85	82	80	79	72	76	74	87	110	129	149
Amortization Expense	2.01	5.84	6.64	6.42	6.21	6.92	2.90	4.74	6.07	5.62	4.11
Non-Cash Adjustments To Reconcile Net Income	-249	-54	64	50	42	-5.41	103	-11	-50	-57	-85
Changes in Operating Assets and Liabilities, net	28	16	-3.29	-12	-45	11	41	-22	-167	55	62
Net Cash From Investing Activities	16	114	2.45	-137	124	108	32	133	43	-124	-155
Net Cash From Continuing Investing Activities	16	114	2.45	-137	124	108	32	133	43	-124	-155
Purchase of Property, Plant & Equipment	-21	-0.96	-2.90	-0.41	-1.10	-0.57	-0.51	-0.98	-0.71	-1.47	-1.39
Divestitures	-	-	-	-	0.00	123	0.00	54	139	0.00	0.00
Sale and/or Maturity of Investments	-	-	-	-	3.68	2.34	0.00	0.00	25	255	185
Other Investing Activities, net	-41	98	5.35	-136	121	-17	31	80	-120	-378	-339
Net Cash From Financing Activities	241	-206	-357	98	-64	-163	-183	-174	-186	-681	-361
Net Cash From Continuing Financing Activities	241	-206	-357	98	-64	-163	-183	-174	-186	-681	-361
Repayment of Debt	-317	-6.28	-155	-513	-134	-162	-505	-619	-800	-437	-116
Repurchase of Common Equity	-	0.00	0.00	-3.18	0.00	0.00	-30	-17	-20	-14	-25
Payment of Dividends	-	-200	-	-	0.00	0.00	-6.77	-46	-70	-308	-284
Issuance of Debt	606	0.00	0.00	-	70	-0.10	363	84	641	50	120
Other Financing Activities, net	-53	0.00	-202	615	-0.41	-0.37	-4.22	425	63	28	-56

This table details how cash moves in and out of International Seaways' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-56	68	-69	-59	23	-12	13	37	-73	54
Net Cash From Operating Activities	91	182	221	194	148	125	156	168	129	94
Net Cash From Continuing Operating Activities	91	182	221	194	148	125	156	168	129	94
Net Income / (Loss) Continuing Operations	113	218	173	154	98	132	144	145	92	36
Consolidated Net Income / (Loss)	113	218	173	154	98	132	144	145	92	36
Depreciation Expense	28	28	30	32	33	34	34	37	39	39
Amortization Expense	1.83	1.59	1.56	1.57	1.36	1.13	1.04	1.02	1.03	1.02
Non-Cash Adjustments To Reconcile Net Income	-6.22	-15	-22	-2.45	-4.38	-29	-8.38	-40	-34	-2.70
Changes in Operating Assets and Liabilities, net	-45	-52	39	8.30	20	-12	-15	26	32	20
Net Cash From Investing Activities	-113	-9.23	-72	-136	39	45	-43	-54	-41	-18
Net Cash From Continuing Investing Activities	-113	-9.23	-72	-136	39	45	-43	-54	-41	-18
Purchase of Property, Plant & Equipment	-0.17	-0.04	-0.52	-0.06	-0.45	-0.44	-0.70	-0.10	-0.08	-0.51
Sale and/or Maturity of Investments	-	25	65	70	80	40	60	75	-	50
Other Investing Activities, net	-111	-34	-137	-206	-41	5.72	-102	-128	-41	-67
Net Cash From Financing Activities	-35	-104	-218	-116	-165	-183	-101	-78	-161	-21
Net Cash From Continuing Financing Activities	-35	-104	-218	-116	-165	-183	-101	-78	-161	-21
Repayment of Debt	615	-696	-138	-56	-134	-109	-20	-26	-50	-20
Payment of Dividends	-5.89	-55	-98	-79	-69	-61	-65	-87	-74	-59
Issuance of Debt	-641	641	-	-	50	-	-	-	-	70
Other Financing Activities, net	17	5.69	18	33	-11	-13	-16	-15	-13	-12

This table presents International Seaways' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	2,030	1,663	2,751	1,849	1,754	1,587	2,347	2,615	2,522	2,636
Total Current Assets	397	171	134	168	187	257	224	643	465	376
Cash & Equivalents	309	92	62	58	90	199	98	244	127	158
Short-Term Investments	-	-	-	-	-	-	0.00	80	60	0.00
Note & Lease Receivable	4.46	5.30	4.42	5.25	3.94	4.48	5.65	13	14	14
Accounts Receivable	75	67	58	95	84	43	107	290	247	186
Inventories, net	3.40	1.34	3.27	3.07	3.90	3.60	2.11	0.53	1.33	1.88
Prepaid Expenses	5.07	5.35	6.46	5.91	5.99	6.00	12	9.00	10	16
Other Current Assets	-	-	11	0.46	-	-	0.00	6.99	5.08	2.08
Plant, Property, & Equipment, net	1,240	1,100	1,105	1,331	1,293	1,108	1,803	1,680	1,914	2,050
Total Noncurrent Assets	393	392	1,502	350	274	221	319	293	142	210
Long-Term Investments	345	359	1,460	268	153	142	180	36	32	35
Other Noncurrent Operating Assets	39	33	38	23	60	63	137	213	111	174
Total Liabilities & Shareholders' Equity	2,030	1,663	2,751	1,849	1,754	1,587	2,347	2,615	2,522	2,636
Total Liabilities	646	483	580	839	731	614	1,176	1,128	805	780
Total Current Liabilities	48	45	48	75	114	109	235	257	196	131
Short-Term Debt	6.28	6.18	24	52	70	61	179	163	127	50
Accounts Payable	31	38	23	23	28	34	45	51	58	66
Other Current Liabilities	11	0.68	0.41	0.71	17	13	11	43	10	15
Total Noncurrent Liabilities	598	438	532	763	617	506	942	870	609	649
Long-Term Debt	589	433	529	759	591	474	926	861	595	638
Capital Lease Obligations	-	-	-	-	-	-	-	-	12	8.72
Other Noncurrent Operating Liabilities	8.81	4.44	2.72	4.36	26	31	16	9.62	2.63	2.35
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,384	1,180	2,171	1,010	1,022	972	1,170	1,488	1,717	1,856
Total Preferred & Common Equity	1,384	1,180	2,171	1,010	1,022	972	1,170	0.00	1,717	1,856
Total Common Equity	1,384	1,180	2,171	1,010	1,022	972	1,170	1,488	1,717	1,856
Common Stock	1,355	1,306	2,613	1,309	1,313	1,281	1,591	1,502	1,491	1,505
Retained Earnings	93	-74	-361	-269	-270	-276	-409	-21	227	359
Accumulated Other Comprehensive Income / (Loss)	-64	-52	-81	-30	-21	-33	-12	6.96	-1.06	-7.86

This table presents International Seaways' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	2,460	2,572	2,656	2,561	2,551	2,675	2,588
Total Current Assets	510	563	560	474	490	435	372
Cash & Equivalents	174	156	116	139	140	176	103
Short-Term Investments	80	105	120	75	75	0.00	50
Note & Lease Receivable	7.89	12	13	11	12	17	16
Accounts Receivable	230	248	241	220	243	223	191
Inventories, net	0.87	0.70	0.63	1.14	0.59	1.85	0.38
Prepaid Expenses	11	16	15	12	15	12	9.72
Other Current Assets	4.80	6.27	54	16	5.05	4.53	2.09
Plant, Property, & Equipment, net	1,708	1,776	1,978	1,948	1,891	2,082	2,045
Total Noncurrent Assets	243	233	118	139	171	159	170
Long-Term Investments	38	34	33	34	34	33	34
Noncurrent Note & Lease Receivables	-	22	0.00	0.00	17	15	12
Other Noncurrent Operating Assets	203	177	86	106	119	111	124
Total Liabilities & Shareholders' Equity	2,460	2,572	2,656	2,561	2,551	2,675	2,588
Total Liabilities	1,131	1,014	1,035	911	757	787	713
Total Current Liabilities	221	227	247	187	180	112	103
Short-Term Debt	167	156	200	135	128	50	50
Accounts Payable	46	53	47	43	42	52	46
Other Current Liabilities	8.32	19	0.45	9.78	10	10	7.67
Total Noncurrent Liabilities	910	787	788	724	577	676	610
Long-Term Debt	901	777	778	707	564	663	601
Capital Lease Obligations	-	-	-	-	9.27	6.96	6.77
Other Noncurrent Operating Liabilities	9.68	9.62	9.84	17	3.31	5.49	2.46
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,329	1,557	1,620	1,650	1,795	1,887	1,875
Total Preferred & Common Equity	1,329	0.00	0.00	0.00	1,795	1,887	1,875
Total Common Equity	1,329	1,557	1,620	1,650	1,795	1,887	1,875
Common Stock	1,558	1,502	1,487	1,489	1,489	1,524	1,502
Retained Earnings	-240	53	127	156	307	364	382
Accumulated Other Comprehensive Income / (Loss)	11	2.90	5.76	5.16	-0.30	-1.42	-9.22

This table displays calculated financial ratios and metrics derived from International Seaways' official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	0.00%	0.00%	-27.17%	-6.80%	-100.00%	0.00%	-35.36%	217.25%	23.95%	-11.21%
EBITDA Growth	0.00%	0.63%	5.60%	-130.83%	171.59%	570.78%	-23.75%	-125.57%	2,205.22%	35.50%	-18.65%
EBIT Growth	0.00%	0.00%	0.00%	-2,041.02%	48.80%	193.10%	-50.09%	-536.33%	476.84%	40.70%	-25.67%
NOPAT Growth	0.00%	0.00%	0.00%	-1,597.78%	49.48%	201.17%	-27.71%	-381.19%	663.79%	38.10%	-25.32%
Net Income Growth	0.00%	0.00%	0.00%	-482.17%	16.16%	98.13%	-233.19%	-2,334.64%	388.05%	43.45%	-25.11%
EPS Growth	0.00%	0.00%	0.00%	-487.10%	16.21%	99.02%	-566.67%	-1,640.00%	323.28%	44.79%	-25.51%
Operating Cash Flow Growth	0.00%	187.94%	-42.10%	-86.51%	-171.74%	801.01%	147.06%	-135.25%	477.73%	139.19%	-20.52%
Free Cash Flow Firm Growth	0.00%	0.00%	111.61%	-171.84%	-145.94%	134.56%	175.94%	-458.93%	131.02%	84.99%	-38.04%
Invested Capital Growth	0.00%	0.00%	-11.23%	2.93%	19.28%	-3.81%	-16.64%	73.53%	7.81%	3.75%	5.72%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	-5.35%	13.01%	-100.00%	460.92%	-42.52%	39.20%	-7.54%	-5.57%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	-191.36%	137.19%	66.72%	-57.79%	75.17%	88.30%	-9.60%	-13.59%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	-112.18%	56.82%	11,211.68%	-83.90%	37.57%	142.80%	-12.03%	-18.12%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	-129.49%	66.03%	108.87%	-84.89%	41.07%	135.63%	-12.71%	-17.58%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	-45.08%	52.34%	83.00%	-104.38%	37.92%	187.69%	-13.43%	-18.77%
EPS Q/Q Growth	0.00%	0.00%	0.00%	-45.02%	52.42%	90.91%	-104.54%	47.67%	209.56%	-13.06%	-19.03%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	-28.08%	95.98%	-253.09%	201.37%	-11.02%	-140.47%	264.11%	-7.54%	-5.50%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	12.46%	-7.83%	21.62%	-8.81%	123.40%	-5.02%	-27.48%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	-3.06%	-0.15%	1.91%	-13.32%	-2.31%	2.34%	-0.52%	0.66%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	0.00%	0.00%	96.67%	100.00%	100.00%	0.00%	100.00%	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	0.00%	0.00%	23.19%	-9.82%	7.54%	0.00%	24.74%	-9.79%	64.93%	70.98%	65.04%
Operating Margin	0.00%	0.00%	1.81%	-37.21%	-20.17%	0.00%	9.46%	-41.14%	51.19%	57.42%	47.84%
EBIT Margin	0.00%	0.00%	1.47%	-39.22%	-21.54%	0.00%	6.42%	-43.33%	51.46%	58.42%	48.90%
Profit (Net Income) Margin	0.00%	0.00%	-4.58%	-36.57%	-32.90%	0.00%	-1.31%	-49.41%	44.86%	51.92%	43.79%
Tax Burden Percent	0.00%	0.00%	103.23%	100.04%	99.88%	200.24%	100.02%	101.22%	99.98%	99.31%	100.26%
Interest Burden Percent	0.00%	0.00%	-301.18%	93.21%	152.88%	-1.53%	-20.43%	112.67%	87.19%	89.50%	89.32%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.02%	0.69%	-0.26%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.41%	-6.37%	-2.89%	0.00%	2.21%	-4.99%	21.34%	27.88%	19.87%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	59.65%	-0.14%	15.77%	0.00%	-10.28%	-16.18%	14.00%	18.60%	12.09%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	-1.83%	0.04%	-2.70%	0.00%	-2.76%	-7.58%	7.85%	6.85%	3.45%
Return on Equity (ROE)	0.00%	0.00%	-1.42%	-6.33%	-5.59%	-0.16%	-0.55%	-12.57%	29.19%	34.73%	23.33%
Cash Return on Invested Capital (CROIC)	0.00%	-200.00%	12.30%	-9.26%	-20.48%	6.63%	20.36%	-58.75%	13.83%	24.20%	14.31%
Operating Return on Assets (OROA)	0.00%	0.00%	0.32%	-5.16%	-2.53%	0.00%	1.62%	-6.00%	17.94%	24.37%	18.04%
Return on Assets (ROA)	0.00%	0.00%	-0.99%	-4.81%	-3.87%	0.00%	-0.33%	-6.85%	15.63%	21.66%	16.16%
Return on Common Equity (ROCE)	0.00%	0.00%	-1.42%	-6.33%	-5.59%	-0.16%	-0.55%	-12.57%	29.18%	34.73%	23.33%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.00%	-1.55%	-4.89%	-8.81%	-0.16%	-0.57%	-11.51%	0.00%	32.41%	22.45%
Net Operating Profit after Tax (NOPAT)	0.00	0.00	5.04	-76	-38	39	28	-78	443	611	456
NOPAT Margin	0.00%	0.00%	1.27%	-26.05%	-14.12%	0.00%	6.62%	-28.80%	51.18%	57.02%	47.96%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	-59.25%	-6.23%	-18.67%	10.30%	12.49%	11.19%	7.34%	9.28%	7.78%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	17.62%	24.94%	17.88%
Cost of Revenue to Revenue	0.00%	0.00%	3.33%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	0.00%	0.00%	7.62%	8.43%	8.99%	0.00%	6.87%	12.19%	5.36%	4.43%	5.82%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	0.00%	0.00%	94.86%	137.21%	120.17%	0.00%	90.54%	141.14%	48.81%	42.58%	52.16%
Earnings before Interest and Taxes (EBIT)	0.00	0.00	5.86	-114	-58	54	27	-118	445	626	465
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	87	87	92	-28	20	137	104	-27	561	761	619
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.25	0.18	0.35	0.61	0.34	0.50	0.93	1.15	0.95
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.25	0.18	0.35	0.61	0.34	0.50	0.93	1.15	0.95
Price to Revenue (P/Rev)	0.00	0.00	0.73	1.32	1.30	0.00	0.78	2.13	1.60	1.84	1.86
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	3.57	3.54	4.24
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.03%	11.85%	1.49%	1.19%	15.72%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	28.00%	28.21%	23.57%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.24	0.00	0.58	0.75	0.46	0.71	0.95	1.11	0.96
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.71	0.00	3.09	0.00	1.25	5.17	2.37	2.32	2.39
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	3.05	0.00	40.97	7.61	5.04	0.00	3.65	3.27	3.67
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	48.06	0.00	0.00	19.20	19.41	0.00	4.61	3.97	4.88
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	55.84	0.00	0.00	26.96	18.82	0.00	4.63	4.07	4.98
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	2.18	0.00	0.00	11.90	2.43	0.00	7.12	3.61	4.15
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	1.84	0.00	0.00	11.16	2.04	0.00	7.15	4.69	6.91
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.43	0.37	0.25	0.80	0.65	0.55	0.94	0.69	0.43	0.38
Long-Term Debt to Equity	0.00	0.43	0.37	0.24	0.75	0.58	0.49	0.79	0.58	0.35	0.35
Financial Leverage	0.00	-0.05	-0.03	-0.29	-0.17	0.38	0.27	0.47	0.56	0.37	0.29
Leverage Ratio	0.00	1.47	1.44	1.32	1.45	1.77	1.67	1.84	1.87	1.60	1.44
Compound Leverage Factor	0.00	0.00	-4.34	1.23	2.21	-0.03	-0.34	2.07	1.63	1.43	1.29
Debt to Total Capital	0.00%	30.08%	27.15%	20.30%	44.53%	39.27%	35.53%	48.56%	40.76%	29.96%	27.30%
Short-Term Debt to Total Capital	0.00%	0.32%	0.38%	0.88%	2.83%	4.18%	4.08%	7.85%	6.49%	5.20%	1.96%
Long-Term Debt to Total Capital	0.00%	29.76%	26.77%	19.41%	41.70%	35.09%	31.46%	40.71%	34.27%	24.76%	25.34%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.03%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	69.92%	72.85%	79.70%	55.47%	60.73%	64.47%	51.41%	59.25%	70.04%	72.70%
Debt to EBITDA	0.00	6.80	4.76	-19.41	39.75	4.83	5.14	-41.43	1.82	0.97	1.13
Net Debt to EBITDA	0.00	-0.67	-0.12	33.64	23.73	3.06	1.86	-31.00	1.18	0.68	0.81
Long-Term Debt to EBITDA	0.00	6.73	4.69	-18.57	37.22	4.32	4.55	-34.73	1.53	0.80	1.05
Debt to NOPAT	0.00	0.00	87.15	-7.32	-21.24	17.12	19.19	-14.08	2.31	1.20	1.53
Net Debt to NOPAT	0.00	0.00	-2.19	12.68	-12.68	10.83	6.97	-10.53	1.50	0.84	1.10
Long-Term Debt to NOPAT	0.00	0.00	85.92	-7.00	-19.89	15.30	16.99	-11.80	1.94	0.99	1.42
Altman Z-Score	0.00	0.00	0.64	0.22	0.15	0.45	0.51	0.00	1.79	2.97	2.61
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.03%	0.02%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.00	8.19	3.79	2.80	2.23	1.64	2.36	0.96	2.50	2.38	2.87
Quick Ratio	0.00	8.02	3.64	2.59	2.10	1.55	2.27	0.90	2.43	2.29	2.73
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-1,316	153	-110	-270	93	258	-924	287	530	329
Operating Cash Flow to CapEx	0.00%	0.00%	4,454.58%	4,284.48%	-1,138.69%	15,241.46%	42,631.16%	-7,782.64%	40,535.35%	46,798.23%	39,476.05%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	3.79	-2.66	-4.48	1.41	7.01	-25.12	4.97	8.07	6.61
Operating Cash Flow to Interest Expense	0.00	0.00	3.20	0.42	-0.21	1.32	5.89	-2.07	4.99	10.47	11.01
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	3.12	0.41	-0.23	1.31	5.87	-2.10	4.97	10.45	10.98
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.00	0.22	0.13	0.12	0.00	0.25	0.14	0.35	0.42	0.37
Accounts Receivable Turnover	0.00	0.00	5.62	4.64	3.54	0.00	6.63	3.62	4.36	3.99	4.40
Inventory Turnover	0.00	0.00	5.61	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.34	0.26	0.22	0.00	0.35	0.19	0.50	0.60	0.48
Accounts Payable Turnover	0.00	0.00	0.38	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	0.00	0.00	65.00	78.70	103.15	0.00	55.06	100.75	83.77	91.43	82.98
Days Inventory Outstanding (DIO)	0.00	0.00	65.09	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	948.93	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	0.00	0.00	-818.85	78.70	103.15	0.00	55.06	100.75	83.77	91.43	82.98
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	1,316	1,168	1,203	1,435	1,380	1,150	1,996	2,152	2,233	2,360
Invested Capital Turnover	0.00	0.00	0.32	0.24	0.21	0.00	0.33	0.17	0.42	0.49	0.41
Increase / (Decrease) in Invested Capital	0.00	1,316	-148	34	232	-55	-230	846	156	81	128
Enterprise Value (EV)	0.00	0.00	282	-574	835	1,041	525	1,409	2,049	2,488	2,272
Market Capitalization	0.00	0.00	293	384	351	623	331	582	1,385	1,972	1,768
Book Value per Share	$0.00	$0.00	$40.45	$74.64	$34.60	$34.92	$34.73	$23.08	$30.31	$35.10	$37.73
Tangible Book Value per Share	$0.00	$0.00	$40.45	$74.64	$34.60	$34.92	$34.73	$23.06	$30.31	$35.10	$37.73
Total Capital	0.00	1,979	1,619	2,724	1,821	1,683	1,508	2,275	2,511	2,451	2,553
Total Debt	0.00	595	440	553	811	661	536	1,105	1,023	734	697
Total Long-Term Debt	0.00	589	433	529	759	591	474	926	861	607	647
Net Debt	0.00	-59	-11	-958	484	418	195	827	664	516	504
Capital Expenditures (CapEx)	-57	-16	2.90	0.41	1.10	0.57	0.51	0.98	0.71	1.47	1.39
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	46	40	59	86	54	10	71	224	210	138
Debt-free Net Working Capital (DFNWC)	0.00	355	132	110	144	143	209	169	548	397	295
Net Working Capital (NWC)	0.00	348	126	86	92	73	148	-10	385	269	245
Net Nonoperating Expense (NNE)	0.00	0.00	23	31	51	40	33	56	55	55	40
Net Nonoperating Obligations (NNO)	0.00	-68	-11	-969	425	358	178	826	664	516	504
Total Depreciation and Amortization (D&A)	87	87	87	85	79	83	77	91	116	135	154
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	0.00%	10.04%	20.37%	31.66%	0.00%	2.38%	25.95%	25.94%	19.60%	14.50%
Debt-free Net Working Capital to Revenue	0.00%	0.00%	33.14%	37.97%	53.23%	0.00%	49.67%	61.86%	63.39%	37.03%	31.05%
Net Working Capital to Revenue	0.00%	0.00%	31.58%	29.68%	34.16%	0.00%	35.09%	-3.71%	44.55%	25.14%	25.79%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.00	$0.00	($3.05)	($0.03)	($0.20)	($3.48)	$7.85	$11.35	$8.45
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	29.20M	29.11M	29.14M	29.28M	28.01M	38.41M	49.38M	48.98M	49.27M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	($3.05)	($0.03)	($0.20)	($3.48)	$7.77	$11.25	$8.38
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	29.20M	29.11M	29.14M	29.28M	28.01M	38.41M	49.84M	49.43M	49.68M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	($3.05)	($0.03)	($0.20)	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	29.20M	29.11M	29.20M	29.23M	28.37M	49.60M	49.12M	48.93M	49.19M
Normalized Net Operating Profit after Tax (NOPAT)	0.00	0.00	60	-15	-24	39	98	-85	423	575	296
Normalized NOPAT Margin	0.00%	0.00%	15.19%	-5.09%	-9.02%	0.00%	23.24%	-31.31%	48.91%	53.69%	31.08%
Pre Tax Income Margin	0.00%	0.00%	-4.43%	-36.55%	-32.94%	0.00%	-1.31%	-48.81%	44.87%	52.28%	43.68%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.15	-2.76	-0.97	0.82	0.74	-3.21	7.71	9.52	9.36
NOPAT to Interest Expense	0.00	0.00	0.13	-1.83	-0.63	0.58	0.76	-2.13	7.67	9.29	9.18
EBIT Less CapEx to Interest Expense	0.00	0.00	0.07	-2.77	-0.99	0.81	0.72	-3.24	7.70	9.50	9.33
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.05	-1.84	-0.65	0.57	0.75	-2.16	7.65	9.27	9.15
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-122.40%	-34.31%	18.01%	55.38%	68.25%
Augmented Payout Ratio	0.00%	0.00%	0.00%	-2.99%	0.00%	0.00%	-664.74%	-46.68%	23.17%	57.89%	74.25%

This table displays calculated financial ratios and metrics derived from International Seaways' official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	179.23%	257.20%	182.94%	55.26%	2.06%	-25.85%	-4.43%	-11.91%	-6.83%	-22.38%
EBITDA Growth	554.27%	13,310.67%	887.79%	78.41%	-5.56%	-30.46%	-12.74%	-5.53%	-3.35%	-52.77%
EBIT Growth	304.61%	989.61%	3,338.45%	98.20%	-10.84%	-36.39%	-16.99%	-8.67%	-9.25%	-68.84%
NOPAT Growth	391.98%	1,756.09%	4,803.50%	92.70%	-11.14%	-38.25%	-16.66%	-8.01%	-11.50%	-67.65%
Net Income Growth	267.10%	730.68%	1,427.84%	122.73%	-13.66%	-39.52%	-16.30%	-5.88%	-6.38%	-72.88%
EPS Growth	258.33%	591.01%	1,434.62%	125.36%	-12.72%	-38.67%	-15.85%	-6.43%	-7.54%	-73.51%
Operating Cash Flow Growth	444.54%	768.66%	1,216.33%	459.22%	62.51%	-30.90%	-29.15%	-13.27%	-13.02%	-25.39%
Free Cash Flow Firm Growth	109.07%	108.92%	104.29%	83.47%	-139.93%	-18.04%	126.09%	167.77%	101.68%	-229.35%
Invested Capital Growth	2.91%	7.81%	7.32%	14.58%	6.74%	3.75%	3.27%	2.91%	4.48%	5.72%
Revenue Q/Q Growth	25.84%	42.79%	-15.09%	1.77%	-17.28%	3.73%	9.44%	-6.19%	-12.52%	-13.58%
EBITDA Q/Q Growth	37.07%	67.54%	-16.81%	-6.62%	-27.44%	23.35%	4.40%	1.10%	-25.77%	-39.72%
EBIT Q/Q Growth	48.34%	82.71%	-19.42%	-9.24%	-33.27%	30.34%	5.17%	-0.15%	-33.70%	-55.24%
NOPAT Q/Q Growth	47.05%	81.05%	-20.29%	-9.20%	-32.19%	25.81%	7.57%	0.24%	-34.77%	-54.00%
Net Income Q/Q Growth	64.30%	92.57%	-20.97%	-10.93%	-36.31%	34.90%	9.37%	0.16%	-36.65%	-60.93%
EPS Q/Q Growth	65.22%	91.67%	-20.60%	-10.37%	-36.01%	34.67%	8.96%	-0.34%	-36.77%	-61.41%
Operating Cash Flow Q/Q Growth	163.84%	98.78%	21.60%	-12.31%	-23.33%	-15.48%	24.67%	7.35%	-23.11%	-27.50%
Free Cash Flow Firm Q/Q Growth	108.89%	11.21%	-51.91%	-447.80%	78.53%	328.27%	32.65%	4.25%	-99.47%	-17,653.36%
Invested Capital Q/Q Growth	3.41%	2.34%	1.14%	7.05%	-3.67%	-0.52%	0.66%	6.69%	-2.20%	0.66%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	100.01%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	66.85%	78.44%	76.86%	70.52%	61.86%	73.57%	70.18%	75.63%	64.18%	44.76%
Operating Margin	54.22%	68.75%	64.53%	57.73%	47.23%	58.75%	56.28%	60.13%	44.84%	23.14%
EBIT Margin	54.37%	69.57%	66.03%	58.88%	47.50%	59.68%	57.35%	61.05%	46.26%	23.96%
Profit (Net Income) Margin	47.89%	64.59%	60.12%	52.62%	40.52%	52.69%	52.66%	56.22%	40.72%	18.41%
Tax Burden Percent	99.99%	99.99%	100.00%	99.75%	99.95%	97.46%	100.00%	100.00%	100.00%	103.12%
Interest Burden Percent	88.09%	92.85%	91.06%	89.59%	85.35%	90.59%	91.81%	92.09%	88.01%	74.49%
Effective Tax Rate	0.01%	0.01%	0.00%	0.25%	0.05%	2.54%	0.00%	0.00%	0.00%	-3.12%
Return on Invested Capital (ROIC)	16.25%	28.66%	32.24%	30.47%	25.18%	27.99%	26.95%	26.06%	19.69%	9.89%
ROIC Less NNEP Spread (ROIC-NNEP)	14.34%	26.78%	30.53%	28.55%	22.81%	26.05%	25.09%	24.41%	17.95%	7.81%
Return on Net Nonoperating Assets (RNNOA)	8.76%	15.01%	16.61%	15.14%	10.48%	9.59%	8.02%	8.49%	5.42%	2.23%
Return on Equity (ROE)	25.01%	43.67%	48.86%	45.60%	35.65%	37.58%	34.97%	34.54%	25.11%	12.12%
Cash Return on Invested Capital (CROIC)	6.19%	13.83%	23.07%	19.16%	25.70%	24.20%	23.02%	21.11%	19.75%	14.31%
Operating Return on Assets (OROA)	13.78%	24.25%	28.09%	27.08%	21.93%	24.90%	23.71%	23.46%	18.11%	8.84%
Return on Assets (ROA)	12.14%	22.51%	25.58%	24.20%	18.71%	21.99%	21.77%	21.61%	15.94%	6.79%
Return on Common Equity (ROCE)	24.72%	43.66%	48.85%	45.60%	35.65%	37.58%	34.97%	34.54%	25.11%	12.12%
Return on Equity Simple (ROE_SIMPLE)	10.15%	0.00%	0.00%	0.00%	0.00%	0.00%	29.43%	27.51%	27.37%	0.00%
Net Operating Profit after Tax (NOPAT)	128	232	185	168	114	144	154	155	101	46
NOPAT Margin	54.22%	68.75%	64.53%	57.58%	47.21%	57.25%	56.28%	60.13%	44.84%	23.87%
Net Nonoperating Expense Percent (NNEP)	1.90%	1.88%	1.71%	1.92%	2.36%	1.94%	1.85%	1.65%	1.74%	2.08%
Return On Investment Capital (ROIC_SIMPLE)	-	9.26%	-	-	-	5.86%	-	-	-	1.82%
Cost of Revenue to Revenue	0.00%	-0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	5.00%	3.99%	3.92%	3.94%	5.09%	4.94%	4.51%	5.22%	6.39%	7.82%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	45.78%	31.25%	35.47%	42.27%	52.77%	41.25%	43.72%	39.87%	55.16%	76.86%
Earnings before Interest and Taxes (EBIT)	129	235	190	172	115	150	157	157	104	47
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	158	265	221	206	150	184	193	195	145	87
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.04	0.93	1.12	1.03	1.19	1.15	1.41	1.55	1.37	0.95
Price to Tangible Book Value (P/TBV)	1.04	0.93	1.12	1.03	1.19	1.15	1.41	1.55	1.37	0.95
Price to Revenue (P/Rev)	2.22	1.60	1.66	1.45	1.69	1.84	2.39	2.85	2.54	1.86
Price to Earnings (P/E)	10.20	3.57	3.03	2.54	3.05	3.54	4.79	5.62	4.99	4.24
Dividend Yield	1.29%	1.49%	1.36%	1.41%	1.20%	1.19%	3.02%	5.39%	8.86%	15.72%
Earnings Yield	9.80%	28.00%	32.97%	39.32%	32.77%	28.21%	20.90%	17.79%	20.02%	23.57%
Enterprise Value to Invested Capital (EV/IC)	1.03	0.95	1.08	1.02	1.14	1.11	1.33	1.43	1.29	0.96
Enterprise Value to Revenue (EV/Rev)	3.47	2.37	2.25	2.06	2.20	2.32	2.81	3.35	3.01	2.39
Enterprise Value to EBITDA (EV/EBITDA)	7.23	3.65	3.10	2.80	3.04	3.27	4.07	4.76	4.23	3.67
Enterprise Value to EBIT (EV/EBIT)	11.77	4.61	3.68	3.28	3.59	3.97	5.02	5.92	5.34	4.88
Enterprise Value to NOPAT (EV/NOPAT)	11.48	4.63	3.72	3.34	3.65	4.07	5.14	6.05	5.48	4.98
Enterprise Value to Operating Cash Flow (EV/OCF)	27.29	7.12	4.46	3.47	3.43	3.61	4.78	5.73	5.24	4.15
Enterprise Value to Free Cash Flow (EV/FCFF)	16.80	7.15	4.86	5.70	4.58	4.69	5.85	6.87	6.69	6.91
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.80	0.69	0.60	0.60	0.51	0.43	0.39	0.38	0.35	0.38
Long-Term Debt to Equity	0.68	0.58	0.50	0.48	0.43	0.35	0.32	0.36	0.32	0.35
Financial Leverage	0.61	0.56	0.54	0.53	0.46	0.37	0.32	0.35	0.30	0.29
Leverage Ratio	1.90	1.87	1.81	1.76	1.69	1.60	1.53	1.52	1.46	1.44
Compound Leverage Factor	1.68	1.73	1.65	1.58	1.44	1.45	1.40	1.40	1.29	1.08
Debt to Total Capital	44.55%	40.76%	37.46%	37.64%	33.78%	29.96%	28.09%	27.60%	25.96%	27.30%
Short-Term Debt to Total Capital	6.97%	6.49%	6.25%	7.69%	5.41%	5.20%	5.11%	1.90%	1.97%	1.96%
Long-Term Debt to Total Capital	37.58%	34.27%	31.21%	29.95%	28.37%	24.76%	22.98%	25.70%	23.99%	25.34%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	55.45%	59.25%	62.54%	62.36%	66.22%	70.04%	71.91%	72.40%	74.04%	72.70%
Debt to EBITDA	3.58	1.82	1.23	1.15	1.00	0.97	0.96	1.00	0.92	1.13
Net Debt to EBITDA	2.60	1.18	0.81	0.83	0.71	0.68	0.62	0.71	0.66	0.81
Long-Term Debt to EBITDA	3.02	1.53	1.02	0.92	0.84	0.80	0.78	0.93	0.85	1.05
Debt to NOPAT	5.68	2.31	1.47	1.37	1.20	1.20	1.21	1.27	1.19	1.53
Net Debt to NOPAT	4.13	1.50	0.98	0.99	0.85	0.84	0.78	0.90	0.85	1.10
Long-Term Debt to NOPAT	4.79	1.94	1.23	1.09	1.01	0.99	0.99	1.18	1.10	1.42
Altman Z-Score	1.16	1.53	1.87	1.83	2.11	2.34	2.94	3.14	3.01	2.08
Noncontrolling Interest Sharing Ratio	1.16%	0.02%	0.02%	0.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.31	2.50	2.47	2.26	2.53	2.38	2.73	3.89	3.60	2.87
Quick Ratio	2.23	2.43	2.29	1.98	2.38	2.29	2.61	3.72	3.49	2.73
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	69	77	37	-128	-28	63	83	87	0.46	-81
Operating Cash Flow to CapEx	55,367.27%	504,444.44%	42,141.60%	312,312.90%	33,065.26%	28,780.50%	22,316.98%	167,939.00%	163,462.03%	18,502.37%
Free Cash Flow to Firm to Interest Expense	4.50	4.49	2.18	-7.16	-1.64	4.46	6.47	6.99	0.04	-6.83
Operating Cash Flow to Interest Expense	5.96	10.63	13.03	10.81	8.83	8.91	12.14	13.52	10.33	7.87
Operating Cash Flow Less CapEx to Interest Expense	5.95	10.62	13.00	10.81	8.80	8.88	12.09	13.51	10.33	7.83
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.25	0.35	0.43	0.46	0.46	0.42	0.41	0.38	0.39	0.37
Accounts Receivable Turnover	3.80	4.36	5.70	5.46	5.15	3.99	4.31	4.41	4.90	4.40
Inventory Turnover	0.02	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.34	0.50	0.59	0.62	0.63	0.60	0.58	0.50	0.50	0.48
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	96.07	83.77	64.03	66.88	70.84	91.43	84.61	82.70	74.42	82.98
Days Inventory Outstanding (DIO)	20,316.37	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	557,390.32	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	-536,977.88	83.77	64.03	66.88	70.84	91.43	84.61	82.70	74.42	82.98
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,103	2,152	2,176	2,330	2,244	2,233	2,247	2,398	2,345	2,360
Invested Capital Turnover	0.30	0.42	0.50	0.53	0.53	0.49	0.48	0.43	0.44	0.41
Increase / (Decrease) in Invested Capital	59	156	148	296	142	81	71	68	101	128
Enterprise Value (EV)	2,157	2,049	2,359	2,384	2,556	2,488	2,981	3,430	3,032	2,272
Market Capitalization	1,382	1,385	1,740	1,674	1,962	1,972	2,528	2,919	2,562	1,768
Book Value per Share	$26.74	$30.31	$31.70	$32.91	$33.75	$35.10	$36.68	$38.23	$37.72	$37.73
Tangible Book Value per Share	$26.74	$30.31	$31.70	$32.91	$33.75	$35.10	$36.68	$38.23	$37.72	$37.73
Total Capital	2,396	2,511	2,490	2,598	2,492	2,451	2,496	2,607	2,532	2,553
Total Debt	1,067	1,023	933	978	842	734	701	720	657	697
Total Long-Term Debt	901	861	777	778	707	607	573	670	607	647
Net Debt	775	664	619	710	594	516	453	510	470	504
Capital Expenditures (CapEx)	0.17	0.04	0.52	0.06	0.45	0.44	0.70	0.10	0.08	0.51
Debt-free, Cash-free Net Working Capital (DFCFNWC)	201	224	211	276	207	210	223	196	165	138
Debt-free Net Working Capital (DFNWC)	456	548	491	512	421	397	438	372	319	295
Net Working Capital (NWC)	289	385	335	312	287	269	310	323	269	245
Net Nonoperating Expense (NNE)	15	14	13	14	16	11	9.93	10	9.29	11
Net Nonoperating Obligations (NNO)	774	664	619	710	594	516	453	510	470	504
Total Depreciation and Amortization (D&A)	30	30	31	34	35	35	35	38	40	40
Debt-free, Cash-free Net Working Capital to Revenue	32.39%	25.94%	20.10%	23.92%	17.88%	19.60%	21.09%	19.17%	16.42%	14.50%
Debt-free Net Working Capital to Revenue	73.35%	63.39%	46.71%	44.37%	36.34%	37.03%	41.34%	36.37%	31.64%	31.05%
Net Working Capital to Revenue	46.47%	44.55%	31.91%	27.06%	24.72%	25.14%	29.30%	31.52%	26.69%	25.79%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.30	$4.42	$3.51	$3.13	$2.00	$2.71	$2.95	$2.93	$1.85	$0.72
Adjusted Weighted Average Basic Shares Outstanding	49.31M	49.38M	49.14M	49.03M	48.86M	48.98M	48.97M	49.39M	49.54M	49.27M
Adjusted Diluted Earnings per Share	$2.28	$4.37	$3.47	$3.11	$1.99	$2.68	$2.92	$2.91	$1.84	$0.71
Adjusted Weighted Average Diluted Shares Outstanding	49.74M	49.84M	49.65M	49.40M	49.28M	49.43M	49.38M	49.72M	49.88M	49.68M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	49.08M	49.12M	49.23M	48.89M	48.91M	48.93M	49.37M	49.69M	49.19M	49.19M
Normalized Net Operating Profit after Tax (NOPAT)	129	232	122	168	114	119	108	89	61	38
Normalized NOPAT Margin	54.27%	68.75%	42.55%	57.59%	47.24%	47.42%	39.38%	34.52%	27.19%	19.35%
Pre Tax Income Margin	47.90%	64.60%	60.12%	52.75%	40.54%	54.07%	52.66%	56.22%	40.72%	17.85%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	8.40	13.77	11.19	9.60	6.83	10.63	12.21	12.65	8.34	3.92
NOPAT to Interest Expense	8.37	13.60	10.93	9.39	6.78	10.19	11.98	12.46	8.08	3.90
EBIT Less CapEx to Interest Expense	8.39	13.76	11.16	9.60	6.80	10.60	12.16	12.64	8.33	3.88
NOPAT Less CapEx to Interest Expense	8.36	13.60	10.90	9.39	6.76	10.16	11.93	12.45	8.07	3.86
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	17.14%	18.01%	28.80%	36.23%	46.99%	55.38%	51.96%	54.34%	55.85%	68.25%
Augmented Payout Ratio	44.35%	23.17%	28.80%	41.39%	49.16%	57.89%	51.96%	54.34%	60.73%	74.25%

Frequently Asked Questions About International Seaways' Financials

When does International Seaways's financial year end?

According to the most recent income statement we have on file, International Seaways' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has International Seaways' net income changed over the last 10 years?

International Seaways' net income appears to be on an upward trend, with a most recent value of $416.72 million in 2024, rising from $0.00 in 2014. The previous period was $556.45 million in 2023.

What is International Seaways's operating income?

International Seaways's total operating income in 2024 was $455.23 million, based on the following breakdown:

Total Gross Profit: $951.61 million
Total Operating Expenses: $496.39 million

How has International Seaways revenue changed over the last 10 years?

Over the last 10 years, International Seaways' total revenue changed from $0.00 in 2014 to $951.61 million in 2024, a change of 95,161,300,000.0%.

How much debt does International Seaways have?

International Seaways' total liabilities were at $780.35 million at the end of 2024, a 3.1% decrease from 2023, and a 20.8% increase since 2015.

How much cash does International Seaways have?

In the past 9 years, International Seaways' cash and equivalents has ranged from $58.31 million in 2018 to $308.86 million in 2015, and is currently $157.51 million as of their latest financial filing in 2024.

How has International Seaways' book value per share changed over the last 10 years?

Over the last 10 years, International Seaways' book value per share changed from 0.00 in 2014 to 37.73 in 2024, a change of 3,773.0%.

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This page (NYSE:INSW) was last updated on 4/15/2025 by MarketBeat.com Staff

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International Seaways (INSW) Financials

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International Seaways (INSW) Financials

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