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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›INSW›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

International Seaways, Inc. (INSW) financials

Income statement

International Seaways, Inc. (INSW) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$398M$290M$270M$366M$422M$273M$865M$1.07B$952M$843M
Revenue growth—-27.2%-6.8%35.4%15.1%-35.4%217.3%24.0%-11.2%-11.4%
Operating income$7.21M-$108M-$54.5M$55.2M$39.9M-$112M$443M$615M$455M$345M
Operating margin1.8%-37.2%-20.2%15.1%9.5%-41.1%51.2%57.4%47.8%41.0%
Net income-$18.2M-$106M-$88.9M-$830K-$5.53M-$133M$388M$556M$417M$309M
Net margin-4.6%-36.6%-32.9%-0.2%-1.3%-49.0%44.9%51.9%43.8%36.7%
EPS (diluted)-$0.62-$3.64-$3.05-$0.03-$0.20-$3.48$7.77$11.25$8.38$6.23

Cash flow

International Seaways, Inc. (INSW) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$129M$17.4M-$12.5M$87.5M$216M-$76.2M$288M$688M$547M$380M
Capital expenditures$1.99M$174M$149M—————$120M—
Free cash flow$127M-$156M-$161M—————$428M—
Share buybacks————$30.0M$16.7M$20.0M$13.9M$25.0M—
Dividends paid————$1.70M$1.68M$69.8M$308M$284M$145M

Balance sheet

International Seaways, Inc. (INSW) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$92.0M$60.0M$58.3M$89.7M$199M$97.9M$244M$127M$158M$117M
Total assets$1.66B$1.66B$1.85B$1.75B$1.59B$2.35B$2.62B$2.52B$2.64B$2.67B
Total liabilities$483M$579M$839M$731M$614M$1.18B$1.13B$805M$780M$648M
Long-term debt$433M$529M$759M$591M$474M$926M$861M$595M$638M$541M
Shareholders' equity$1.18B$1.09B$1.01B$1.02B$972M$1.17B$1.49B$1.72B$1.86B$2.02B
Retained earnings-$74.5M-$181M-$269M-$270M-$276M-$409M-$21.4M$227M$359M$524M
Shares (wtd avg diluted)29.2M29.2M29.1M29.2M28.4M38.4M49.8M49.4M49.7M49.6M

Every figure is extracted from International Seaways, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is International Seaways, Inc.'s annual revenue?
International Seaways, Inc. (INSW) reported $843M of revenue for fiscal year 2025 — down 11.4% from $952M in FY2024, per its annual report filed with the SEC.
Is International Seaways, Inc. profitable?
Yes — INSW earned $309M of net income in FY2025, a 36.7% net margin, per SEC filings.
Does INSW pay a dividend?
Yes — International Seaways, Inc. paid $145M in cash dividends during FY2025, per its SEC cash-flow statement.
Full INSW analysis — verdict, score & filings →Is INSW a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.