International Seaways, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $843.3M | $951.6M | $1.1B | $864.7M | $272.5M |
| Operating income | $345.4M | $455.2M | $615.4M | $442.7M | -$112.1M |
| Interest expense | $42.7M | $49.7M | $65.8M | $57.7M | $36.8M |
| Pretax income | $308.9M | $415.6M | $560.3M | $388.0M | -$133.0M |
| Income tax expense | -$411,000 | -$1.1M | $3.9M | $88,000 | $1.6M |
| Net income | $309.3M | $416.7M | $556.4M | $387.9M | -$133.5M |
| Balance Sheet | |||||
| Cash and equivalents | $116.9M | $157.5M | $126.8M | $243.7M | $97.9M |
| Current assets | $367.0M | $376.3M | $465.0M | $642.6M | $224.5M |
| Total assets | $2.7B | $2.6B | $2.5B | $2.6B | $2.3B |
| Current liabilities | $98.9M | $130.9M | $195.6M | $257.4M | $234.6M |
| Total liabilities | $648.4M | $780.3M | $805.1M | $1.1B | $1.2B |
| Stockholders' equity | $2.0B | $1.9B | $1.7B | $1.5B | $1.2B |
| Cash Flow Statement | |||||
| Cash from operations | $380.1M | $547.1M | $688.4M | $287.8M | -$76.2M |
| Depreciation and amortization | $163.6M | $149.4M | $129.0M | $110.4M | $86.7M |
| Stock-based compensation | $8.7M | $9.0M | $8.5M | $6.7M | $10.5M |
| Capital expenditure | $1.4M | $1.4M | $1.5M | $710,000 | $979,000 |
| Free cash flow | $378.6M | $545.8M | $686.9M | $287.1M | -$77.2M |
| Dividends paid | $144.6M | $284.4M | $308.2M | $69.8M | $40.9M |
| Share repurchases | — | $25.0M | $13.9M | $20.0M | $16.7M |
| Impairments | — | $8.7M | — | $1.7M | $3.5M |
Shares outstanding 49.5M · Free float 72.4%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.