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International Seaways, Inc. INSW International Crude Tankers — Payments For Drydocking

Other segment segments

International Product Carriers
$7.02M-54.2%

Similar metrics at other companies

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TDWIncrease Decrease In Cash Paid For Deferred Drydocking And Survey Costs
$36.38M+47.6%
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MATXIncrease Decrease In Deferred Dry Docking Payments
$11.9M+14.4%
Tidewater logo
TDWAmortization Of Dry Docking And Survey Costs
$28.12M+1.1%
Matsons logo
MATXOcean Transportation — Amortization For Dry Docking
$7.7M+16.7%
Matsons logo
MATXIncrease Decrease In Deferred Dry Docking Amortization
$7.7M+16.7%
Energy Transfer logo
ETCrude Oil Transportation and Services — Total operating expenses, excluding non-cash compensation, amortization, accretion and other non-cash expenses
$223M+4.7%

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$4.45B+121%

Profitability

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

Returns & leverage

See full
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 insw:PaymentsForDrydocking.

The official record: International Seaways, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is International Seaways, Inc.'s international crude tankers — payments for drydocking?
International Seaways, Inc. (INSW) reported international crude tankers — payments for drydocking of $6.83M in Q1 2026.
How has International Seaways, Inc.'s international crude tankers — payments for drydocking changed year-over-year?
International Seaways, Inc.'s international crude tankers — payments for drydocking increased by 333.8% year-over-year, from $1.57M to $6.83M.
What is the long-term trend for International Seaways, Inc.'s international crude tankers — payments for drydocking?
Over 4 years (2021 to 2025), International Seaways, Inc.'s international crude tankers — payments for drydocking has grown at a -0.7% compound annual growth rate (CAGR), from $23.39M to $22.78M.
What does international crude tankers — payments for drydocking mean?
This metric represents the cash expenditures required for mandatory periodic drydocking and special surveys of vessels to maintain regulatory compliance and operational safety. These costs are essential for the continued seaworthiness of the fleet and are a recurring operational necessity. High or fluctuating drydocking costs can impact short-term cash flow and segment profitability.