International Seaways financials
$110.24+1.78%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $843.3M | $951.6M | $1.07B | $864.7M | $272.5M | $421.6M | $366.2M | $270.4M | $290.1M | $398.3M |
| Gross profit | $553.5M | $657.4M | $796.0M | $613.0M | $72.8M | $273.6M | $216.7M | $108.1M | $133.8M | $243.1M |
| Gross margin | 65.6% | 69.1% | 74.3% | 70.9% | 26.7% | 64.9% | 59.2% | 40.0% | 46.1% | 61.0% |
| Operating income | $302.8M | $422.6M | $579.5M | $423.0M | -$121.9M | $140.0M | $55.5M | -$34.9M | -$21.1M | $86.4M |
| Net income | $309.3M | $416.7M | $556.4M | $387.9M | -$133.5M | -$5.5M | -$830.0K | -$88.9M | -$106.1M | -$18.2M |
| Net margin | 36.7% | 43.8% | 51.9% | 44.9% | −49.0% | −1.3% | −0.2% | −32.9% | −36.6% | −4.6% |
| Diluted EPS | $6.23 | $8.38 | $11.25 | $7.77 | $-3.48 | $-0.20 | $-0.03 | $-3.05 | $-3.64 | $-0.62 |
| EBITDA | $466.4M | $572.2M | $709.1M | $535.4M | $18.1M | $214.5M | $131.2M | $38.9M | $67.6M | $175.3M |
| Operating cash flow | $380.1M | $547.1M | $688.4M | $287.8M | -$76.2M | $216.1M | $87.5M | -$12.5M | $17.4M | $116.8M |
| Free cash flow | $38.1M | $267.0M | $481.8M | $171.1M | -$155.2M | $165.6M | $50.3M | -$162.5M | -$156.5M | $113.9M |
| Diluted shares | 49.6M | 49.7M | 49.4M | 49.8M | 38.4M | 28.4M | 29.2M | 29.1M | 29.2M | 29.2M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $116.9M | $157.5M | $126.8M | $243.7M | $97.9M | $199.4M |
| Short-term investments | $50.0M | $0.00 | $60.0M | $80.0M | — | — |
| Total debt | $567.1M | $688.4M | $722.7M | $1.07B | $1.10B | $535.8M |
| Total assets | $2.67B | $2.64B | $2.52B | $2.62B | $2.35B | $1.59B |
| Total liabilities | $648.4M | $780.3M | $805.1M | $1.13B | $1.18B | $614.5M |
| Shareholders' equity | $2.02B | $1.86B | $1.72B | $1.49B | $1.17B | $972.0M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology