International Seaways, Inc. (INSW)

International Seaways Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	1,072	864.67	272.55	421.65	366.18
Revenue Growth (YoY)	23.95%	217.25%	-35.36%	15.15%	35.44%
Cost of Revenue	315.2	283.76	223.68	178.13	206.98
Gross Profit	756.58	580.9	48.87	243.52	159.2
Selling, General & Admin	47.47	46.35	33.24	28.98	26.8
Other Operating Expenses	93.1	90.74	127.66	174.43	78.15
Operating Expenses	140.58	137.09	160.9	203.41	104.95
Operating Income	616	443.81	-112.03	40.11	54.26
Interest Expense / Income	65.76	57.72	36.8	36.71	66.27
Other Expense / Income	-10.08	-1.89	-16.95	8.93	-11.18
Pretax Income	560.32	387.98	-131.87	-5.53	-0.83
Income Tax	3.88	0.09	1.62	0	0
Net Income	556.45	387.89	-133.49	-5.53	-0.83
Net Income Growth	43.45%	-	-	-	-
Shares Outstanding (Basic)	49	49	38	28	29
Shares Outstanding (Diluted)	49	50	38	28	29
Shares Change	-0.83%	29.78%	35.37%	-2.92%	0.30%
EPS (Basic)	11.35	7.85	-3.48	-0.20	-0.03
EPS (Diluted)	11.25	7.77	-3.48	-0.20	-0.03
EPS Growth	44.79%	-	-	-	-
Free Cash Flow	547.77	270.27	10.6	238.71	66.07
Free Cash Flow Per Share	11.18	5.47	0.28	8.41	2.26
Dividend Per Share	6.290	1.420	1.360	0.240	-
Dividend Growth	342.96%	4.41%	466.67%	-	-
Gross Margin	70.59%	67.18%	17.93%	57.75%	43.48%
Operating Margin	57.47%	51.33%	-41.10%	9.51%	14.82%
Profit Margin	51.92%	44.86%	-48.98%	-1.31%	-0.23%
Free Cash Flow Margin	51.11%	31.26%	3.89%	56.61%	18.04%
Effective Tax Rate	0.69%	0.02%	-	-	-
EBITDA	755.12	556.09	-8.4	105.53	141.09
EBITDA Margin	70.46%	64.31%	-3.08%	25.03%	38.53%
Depreciation & Amortization	129.04	110.39	86.67	74.34	75.65
EBIT	626.08	445.7	-95.08	31.18	65.44
EBIT Margin	58.42%	51.55%	-34.89%	7.40%	17.87%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).