For the year ending 2025-12-31, INSW made $843,302K in revenue. $309,261K in net income. Net profit margin of 36.67%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Shipping revenues | 843,302 | 951,613 | ||
| Voyage expenses | 23,688 | 18,510 | ||
| Vessel expenses | 266,143 | 275,661 | ||
| Charter hire expenses | 33,261 | 29,839 | ||
| Third-party debt modification fees | - | 168 | ||
| Depreciation and amortization | 163,586 | 149,440 | ||
| General and administrative | 50,235 | 52,607 | ||
| Other operating expenses | 3,541 | 2,820 | ||
| (gain) loss on disposal of vessels and other assets, net of impairments | 42,537 | 32,657 | ||
| Total operating expenses | 497,917 | 496,388 | ||
| Income from vessel operations | 345,385 | 455,225 | ||
| Operating income | - | 455,225 | ||
| Other income | 6,169 | 10,118 | ||
| Income before interest expense and income taxes | 351,554 | 465,343 | ||
| Interest expense | 42,704 | 49,703 | ||
| Income before income taxes | 308,850 | 415,640 | ||
| Income tax benefit/(provision) | -411 | -1,084 | ||
| Net income | - | 416,724 | ||
| Net income | 309,261 | 416,724 | ||
| Basic EPS | 6.27 | 8.45 | ||
| Diluted EPS | 6.23 | 8.38 | ||
| Basic Average Shares | 49,335,230 | 49,270,496 | ||
| Diluted Average Shares | 49,595,945 | 49,680,127 | ||
International Seaways, Inc. (INSW)
International Seaways, Inc. (INSW)