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INSW

International Seaways·NYSE
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INSW fundamentals

International Seaways (INSW) released its earnings on Nov 6, 2025: revenue was 196.39M (YoY -12.75%), beat estimates; EPS was 1.15 (YoY -26.75%), beat estimates.
Revenue / YoY
196.39M
-12.75%
EPS / YoY
1.15
-26.75%
Report date
Nov 6, 2025
INSW Earnings Call Summary for Q3,2025
  • Record Financial Performance: Q3 net income $71 million, adjusted EBITDA $108 million, with 10% annualized free cash flow yield.
  • Shareholder Returns: $0.86 dividend (75%+ payout ratio) and $50M buyback extension, supported by $1B+ liquidity.
  • Fleet Renewal: Delivered 2 LR1s, sold 8 vessels for $100M, and acquiring a modern VLCC for $107M, reducing LTV to 13%.
  • Market Outlook: Strong mid-sized tanker rates ($40k/day fleet-wide in Q4) driven by VLCC normalization and geopolitical tensions.
  • Financial Resilience: $250M NOK bond issuance at lowest coupon, 2026 breakeven rate $14.5k/day, and $31 unencumbered vessels for flexibility.
EPS
Revenue

Revenue & Expenses

INSW has released its 2025 Q3 earnings report, with revenue of 196.39M, reflecting a YoY change of -12.79%, and net profit of 70.55M, showing a YoY change of -23.06%. The Sankey diagram below clearly presents INSW's revenue sources and cost distribution.

Key Indicators

International Seaways (INSW) key financial stats and ratios, covering profitability, financial health, and leverage.
International Seaways (INSW)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.
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International Seaways (INSW)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.
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International Seaways (INSW)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.
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Where does International Seaways (INSW) generate its revenue? Explore its key revenue streams and top earning regions.
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Track International Seaways (INSW) Dividend Yield, Payout Ratio & Sustainability Through Its Dividend History
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