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International Seaways, Inc. INSW Payments For Drydocking

Payments For Drydocking at other companies

Matsons logo
MatsonsMATX
$11.9M+14.4%
Matsons logo
MatsonsMATX
$7.7M+16.7%
Matsons logo
MatsonsMATX
$7.7M+16.7%
MDU Resources Group logo
MDU Resources GroupMDU
$738K+185%
Kirby Corporation logo
Kirby CorporationKEX
$68.24M+7.1%
Norwegian Cruise Line Holdings Ltd. logo
Norwegian Cruise Line Holdings Ltd.NCLH
$281.39M+12.3%

Segments

By segment

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International Product Carriers$7.02M-54.2%
International Crude Tankers$6.83M+334%

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 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 payments for drydocking?
International Seaways, Inc. (INSW) reported payments for drydocking of $13.85M in Q1 2026.
How has International Seaways, Inc.'s payments for drydocking changed year-over-year?
International Seaways, Inc.'s payments for drydocking decreased by 18.0% year-over-year, from $16.9M to $13.85M.
What is the long-term trend for International Seaways, Inc.'s payments for drydocking?
Over 4 years (2021 to 2025), International Seaways, Inc.'s payments for drydocking has grown at a 18.7% compound annual growth rate (CAGR), from $42.42M to $84.21M.
What does payments for drydocking mean?
Reflects the cash outflows required for mandatory periodic vessel maintenance, inspections, and repairs necessary to maintain regulatory compliance and operational safety. These expenditures are critical for the long-term viability of the fleet and represent a recurring capital-like maintenance cost.