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International Seaways, Inc. INSW International Product Carriers — Operating Lease Cost

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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

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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:OperatingLeaseCost.

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 product carriers — operating lease cost?
International Seaways, Inc. (INSW) reported international product carriers — operating lease cost of $3.2M in Q1 2026.
How has International Seaways, Inc.'s international product carriers — operating lease cost changed year-over-year?
International Seaways, Inc.'s international product carriers — operating lease cost decreased by 49.3% year-over-year, from $6.31M to $3.2M.
What is the long-term trend for International Seaways, Inc.'s international product carriers — operating lease cost?
Over 3 years (2022 to 2025), International Seaways, Inc.'s international product carriers — operating lease cost has grown at a 4.0% compound annual growth rate (CAGR), from $16.75M to $18.84M.
What does international product carriers — operating lease cost mean?
This represents the periodic rental expenses incurred for vessels or equipment chartered under operating leases within the product carrier segment. It reflects the company's reliance on leased assets versus owned capacity to meet market demand.