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Segments

By segment

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International Product Carriers$20.59M-2.0%
International Crude Tankers$19.98M+6.8%

Other financials

Income statement

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Revenue$325.5M+77.5%
Operating income$288.6M+388%
Net income$286.1M+477%
EPS (diluted)$5.75+475%

Balance sheet

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Cash & equivalents$141.8M+6.8%
Total debt$610.1M-0.6%
Total equity$2.2B+17.4%
Total assets$2.9B+12.9%

Cash flow

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Operating cash flow$141.1M+102%
CapEx$319.0K-15.2%
Free cash flow$140.7M+102%

Valuation

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Market cap$4.61B+114%
Enterprise value$5.08B+97.8%
P/E8.5×-0.6×
P/S4.7×+2.0×

Profitability

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Operating margin58.3%+16.5pp
Net margin55.4%+18.0pp
FCF margin45.6%-7.8pp

Returns & leverage

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Return on equity26.9%+9.3pp
Debt / equity0.3×-0.1×
Current ratio7.3×+4.6×

Where this comes from

Reported directly by International Seaways, Inc. in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The source filing: International Seaways, Inc.’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 8:16 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001104659-26-056721
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Voyage expenses8,2315,052
Vessel expenses61,03967,028
Charter hire expenses7,6969,145
Depreciation and amortization40,56739,705
General and administrative9,31113,217
Other operating expenses13895
Gain on disposal of vessels and other assets, net(88,171)(10,021)
Total operating expenses38,811124,221

Cover / Front Matter

FAQ

What is International Seaways, Inc.'s D&A?
International Seaways, Inc. (INSW) reported D&A of $40.57M in Q1 2026.
How has International Seaways, Inc.'s D&A changed year-over-year?
International Seaways, Inc.'s D&A increased by 2.2% year-over-year, from $39.71M to $40.57M.
What is the long-term trend for International Seaways, Inc.'s D&A?
Over 4 years (2021 to 2025), International Seaways, Inc.'s D&A has grown at a 17.2% compound annual growth rate (CAGR), from $86.67M to $163.59M.
What does D&A mean?
Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.

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