12 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 14.9% per year over the past 5 years.
Operating margin has expanded, at 41.0% in the latest year.
Financial health
Total debt ($567M) exceeds cash ($117M); net debt is $450M.
Total debt has grown slower than revenue (1.1% vs 14.9% per year).
Operating income covered interest expense 8.1× in the latest year.
Total debt is 1.1× EBITDA.
Shareholder returns
Dividends have been paid for 6 consecutive years, consuming 46.8% of earnings.
The dividend has grown 84.5% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$843M
$309M
0.0%
41.0%
—
$567M
$117M
2024
$952M
$417M
0.0%
47.8%
—
$688M
$158M
2023
$1.1B
$556M
0.0%
57.4%
—
$723M
$127M
2022
$865M
$388M
0.0%
51.2%
—
$1.0B
$244M
2021
$273M
-$135M
0.0%
-41.1%
—
$1.1B
$98M
2020
$422M
-$6M
0.0%
9.5%
—
$536M
$199M
2019
$366M
-$830000
0.0%
15.1%
—
$661M
$90M
2018
$270M
-$89M
0.0%
-20.2%
-$161M
$811M
$58M
2017
$290M
-$106M
0.0%
-37.2%
-$156M
$553M
$60M
2016
—
-$18M
—
—
$127M
$440M
$92M
2015
—
$173M
—
—
—
$595M
$309M
2014
—
-$119M
—
—
—
—
$178M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$325M
$286M
0.0%
88.7%
—
$602M
$142M
Dec '25
$268M
$128M
0.0%
51.6%
—
$567M
$117M
Sep '25
$196M
$71M
0.0%
40.1%
—
$792M
$413M
Jun '25
$196M
$62M
0.0%
35.5%
—
$547M
$149M
Mar '25
$183M
$50M
0.0%
32.3%
—
$595M
$133M
Dec '24
$195M
$36M
0.0%
23.1%
—
$688M
$158M
Sep '24
$225M
$92M
0.0%
44.8%
—
$651M
$103M
Jun '24
$257M
$145M
0.0%
60.1%
—
$713M
$176M
Mar '24
$274M
$144M
0.0%
56.3%
—
$692M
$140M
Dec '23
$251M
$132M
0.0%
58.7%
—
$723M
$127M
Sep '23
$242M
$98M
0.0%
47.2%
—
$842M
$139M
Jun '23
$292M
$154M
0.0%
57.7%
—
$978M
$116M
Mar '23
$287M
$173M
0.0%
64.5%
—
$933M
$156M
Dec '22
$338M
$218M
0.0%
68.8%
—
$1.0B
$244M
Sep '22
$237M
$113M
0.0%
54.2%
—
$1.1B
$174M
Jun '22
$188M
$69M
0.0%
46.4%
—
$1.1B
$231M
Mar '22
$101M
-$13M
0.0%
-5.5%
-$23M
$1.1B
$75M
Dec '21
$95M
-$34M
0.0%
-21.2%
—
$1.1B
$98M
Sep '21
$85M
-$67M
0.0%
-74.1%
—
$1.1B
$109M
Jun '21
$46M
-$19M
0.0%
-37.6%
—
$506M
$117M
Valuation over time
How the market has priced INSW against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 5.3× (Mar '23) to 13.0× (Jun '26).
The price-to-sales ratio has risen from 2.4× (Mar '23) to 4.8× (Jun '26).
The dividend yield has risen from 3.4% (Mar '23) to 3.6% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is INSW growing its revenue and profit?
Over the past 5 years, International Seaways, Inc.'s revenue has grown 14.9% per year. These are computed facts, not advice.
How much debt does INSW have?
As of FY2025, International Seaways, Inc. reported $567M of total debt against $117M of cash; operating income covered interest expense 8.1×.
What is INSW's profit margin?
In FY2025, gross margin was —, operating margin 41.0%, and net margin 36.7%.
What is INSW's P/E ratio?
As of Jun '26, International Seaways, Inc. traded at a price-to-earnings ratio of about 13.0× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.