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Companies / Energy / International Seaways, Inc.
INSW

International Seaways, Inc.

EnergyTransportation & Utilities
Ticker INSWNEW YORK, NYFiscal year ends DecemberBook value per share $45.47Diluted shares 49.8M

International Seaways, Inc. (NYSE: INSW) owns and operates oceangoing tankers that transport crude oil and refined petroleum products for oil companies, traders, refinery operators and government entities. Its two reportable segments are Crude Tankers, which transports crude oil and includes ship-to-ship lightering… From the company’s description.

In fiscal 2025, International Seaways, Inc. reported revenue of $843.30M, down 11.4% from fiscal 2024, and net income of $309.26M. Its operating margin was 41.0%, and operations generated $380.05M in cash. Over the twelve months to Jun 30, 2026, revenue was $1.26B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$843.30MFY2025
−11.4% year over year
Last 12 mo $1.26B
40.96%FY2025
−6.9 percentage points
Last 12 mo 64.18%
$309.26MFY2025
−25.8% year over year
Last 12 mo $779.12M
15.31%FY2025
−7.1 percentage points
Last 12 mo 34.39%
Cash & financing
$380.05MFY2025
−30.5% year over year
Last 12 mo $633.07M
$377.96MFY2025
−30.5% year over year
Last 12 mo $631.39M
0.28FY2025
Was 0.37× a year earlier
Last 12 mo 0.29
49.6MFY2025
−0.2% year over year
Last 12 mo 49.8M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What International Seaways, Inc. does

In the company’s own words

International Seaways, Inc. (NYSE: INSW) owns and operates oceangoing tankers that transport crude oil and refined petroleum products for oil companies, traders, refinery operators and government entities. Its two reportable segments are Crude Tankers, which transports crude oil and includes ship-to-ship lightering services, and Product Carriers, which transports refined products such as gasoline, diesel and jet fuel, as well as vegetable oils and organic chemicals. Lightering services support the transfer of cargo between vessels in U.S. Gulf, U.S. Pacific, Grand Bahama and Panama regions. The company generally charters vessels for individual voyages, often through commercial pools, or for fixed periods under time or bareboat charters. At December 31, 2025, it owned or operated 70 vessels totaling 8.4 million deadweight tons and had four additional LR1 product carriers under construction. In fiscal 2025, shipping revenues were $843.3 million; Crude Tankers generated about 52% of time charter equivalent revenues and Product Carriers 48%. Its fleet includes VLCC, Suezmax and Aframax crude tankers, and LR2, LR1 and MR product carriers. Its website is www.intlseas.com.

Company details
Sector
Energy
Industry (SIC)
Transportation & Utilities
Headquarters
NEW YORK, NY
Fiscal year end
December
CIK
1679049
SIC
4400

Financial performance, year by year

Fiscal 2016–2025 · USD
$-273.83M$143.68M$561.18M$978.69M$1.40B2016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns International Seaways, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

109
funds hold it
0 of 35
superinvestors hold it
$696.36M
held by funds, at market
18.0%
of shares held by funds

Largest fund holders · International Seaways, Inc.’s weight in each

Avantis U.S. Small Cap Value ETF
AVUV · American Century ETF Trust
0.51%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.02%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.04%of fund net assets
Dimensional U.S. Targeted Value ETF
DFAT · Dimensional ETF Trust
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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