(INSW) International Seaways - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: MHY410531021

Crude Tankers, Product Carriers, VLCCs, MRs, Lightering

Stock: Oil & Gas Storage & Transportation
Age 9.1y
MCap 2,784m
Avg Vol 469K (25.1M USD)
Beta 0.629
Volatility 31.00%

EPS (Earnings per Share)

EPS (Earnings per Share) of INSW over the last years for every Quarter: "2020-12": -0.52, "2021-03": -0.48, "2021-06": -0.51, "2021-09": -0.59, "2021-12": -0.68, "2022-03": -0.28, "2022-06": 1.43, "2022-09": 2.29, "2022-12": 4.21, "2023-03": 3.27, "2023-06": 3.12, "2023-09": 2.04, "2023-12": 2.18, "2024-03": 2.92, "2024-06": 2.37, "2024-09": 1.57, "2024-12": 0.9, "2025-03": 0.8, "2025-06": 1.25, "2025-09": 1.15, "2025-12": 0,
EPS CAGR: 28.37%
EPS Trend: -27.9%
Last SUE: -4.00
Qual. Beats: 0

Revenue

Revenue of INSW over the last years for every Quarter: 2020-12: 56.703, 2021-03: 46.756, 2021-06: 46.304, 2021-09: 84.816, 2021-12: 94.67, 2022-03: 101.482, 2022-06: 188.197, 2022-09: 236.829, 2022-12: 338.157, 2023-03: 287.13, 2023-06: 292.203, 2023-09: 241.708, 2023-12: 250.734, 2024-03: 274.401, 2024-06: 257.409, 2024-09: 225.19, 2024-12: 194.613, 2025-03: 183.394, 2025-06: 195.641, 2025-09: 196.388, 2025-12: null,
Rev. CAGR: 21.48%
Rev. Trend: 30.3%
Last SUE: 1.05
Qual. Beats: 1

Dividends

Dividend Yield 7.07%
Yield on Cost 5y 27.05%
Yield CAGR 5y 21.15%
Payout Consistency 83.6%
Payout Ratio 71.5%
Risk via 5d forecast
Volatility 31.0%
Value at Risk 5%th 48.5%
Relative Tail Risk -4.97%
Reward TTM
Sharpe Ratio 1.36
Alpha 52.28
CAGR/Max DD 0.58
Character TTM
Hurst Exponent 0.550
Beta 0.629
Beta Downside 1.088
Drawdowns 3y
Max DD 50.40%
Mean DD 17.50%
Median DD 15.86%

Description: INSW International Seaways January 14, 2026

International Seaways, Inc. (NYSE: INSW) operates a diversified fleet of 78 ocean-going vessels-including VLCCs, Suezmaxes, Aframaxes, and various product carriers (MR, LR1, LR2)-to transport crude oil and refined petroleum products worldwide. The business is split between two segments: Crude Tankers, which move unrefined crude, and Product Carriers, which handle refined products and specialty cargoes such as edible oils.

Key operational metrics (as of the latest 10-K) show an average fleet utilization of roughly 85 % and a weighted average daily charter rate of $12,800 for VLCCs, reflecting the current tightness in the crude tanker market. The company also generates ancillary revenue through ship-to-ship (STS) lightering services, a niche that gained traction after the 2020 IMO sulfur cap forced many vessels to seek lightering to comply with emission limits.

Sector drivers that materially affect INSW’s earnings include global oil demand growth (projected to rise 1.5 %-2 % YoY in 2024-2025), the supply-demand balance of tanker tonnage (the fleet is currently undersupplied by ~3 % of global deadweight), and regulatory trends such as IMO 2023 fuel-efficiency standards that favor newer, more fuel-efficient vessels like those in INSW’s fleet.

Investors seeking a data-rich, model-based assessment of INSW’s valuation may find the ValueRay analysis a useful next step.

Piotroski VR‑10 (Strict, 0-10) 5.5

Net Income: 217.6m TTM > 0 and > 6% of Revenue
FCF/TA: 0.03 > 0.02 and ΔFCF/TA -10.92 > 1.0
NWC/Revenue: 33.02% < 20% (prev 26.69%; Δ 6.33% < -1%)
CFO/TA 0.12 > 3% & CFO 327.7m > Net Income 217.6m
Net Debt (391.3m) to EBITDA (484.6m): 0.81 < 3
Current Ratio: 1.75 > 1.5 & < 3
Outstanding Shares: last quarter (49.6m) vs 12m ago -0.55% < -2%
Gross Margin: 41.74% > 18% (prev 0.58%; Δ 4116 % > 0.5%)
Asset Turnover: 28.64% > 50% (prev 38.94%; Δ -10.30% > 0%)
Interest Coverage Ratio: 2.98 > 6 (EBITDA TTM 484.6m / Interest Expense TTM 108.4m)

Altman Z'' 4.29

A: 0.09 (Total Current Assets 592.0m - Total Current Liabilities 337.7m) / Total Assets 2.79b
B: 0.16 (Retained Earnings 438.8m / Total Assets 2.79b)
C: 0.12 (EBIT TTM 322.9m / Avg Total Assets 2.69b)
D: 2.26 (Book Value of Equity 1.93b / Total Liabilities 855.8m)
Altman-Z'' Score: 4.29 = AA

Beneish M -3.24

DSRI: 0.98 (Receivables 155.0m/206.8m, Revenue 770.0m/1.01b)
GMI: 1.38 (GM 41.74% / 57.74%)
AQI: 0.44 (AQ_t 0.02 / AQ_t-1 0.05)
SGI: 0.76 (Revenue 770.0m / 1.01b)
TATA: -0.04 (NI 217.6m - CFO 327.7m) / TA 2.79b)
Beneish M-Score: -3.24 = AA

ValueRay F-Score (Strict, 0-100) 65.69

1. Piotroski: 5.50pt
2. FCF Yield: 2.23%
3. FCF Margin: 9.19%
4. Debt/Equity: 0.42
5. Debt/Ebitda: 0.81
6. ROIC - WACC: 4.41%
7. RoE: 11.51%
8. Revenue Trend: 30.32%
9. EPS Trend: -27.87%

What is the price of INSW shares?

As of January 23, 2026, the stock is trading at USD 56.30 with a total of 434,037 shares traded.
Over the past week, the price has changed by +0.93%, over one month by +15.46%, over three months by +23.05% and over the past year by +66.31%.

Is INSW a buy, sell or hold?

International Seaways has received a consensus analysts rating of 4.83. Therefore, it is recommended to buy INSW.
  • Strong Buy: 5
  • Buy: 1
  • Hold: 0
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the INSW price?

Issuer Target Up/Down from current
Wallstreet Target Price 58.8 4.4%
Analysts Target Price 58.8 4.4%
ValueRay Target Price 78.1 38.7%

INSW Fundamental Data Overview January 18, 2026

P/E Trailing = 12.8405
P/E Forward = 12.9702
P/S = 3.6159
P/B = 1.4248
Revenue TTM = 770.0m USD
EBIT TTM = 322.9m USD
EBITDA TTM = 484.6m USD
Long Term Debt = 509.5m USD (from longTermDebt, last quarter)
Short Term Debt = 288.1m USD (from shortTermDebt, last quarter)
Debt = 803.8m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 391.3m USD (from netDebt column, last quarter)
Enterprise Value = 3.17b USD (2.78b + Debt 803.8m - CCE 413.6m)
Interest Coverage Ratio = 2.98 (Ebit TTM 322.9m / Interest Expense TTM 108.4m)
EV/FCF = 44.85x (Enterprise Value 3.17b / FCF TTM 70.8m)
FCF Yield = 2.23% (FCF TTM 70.8m / Enterprise Value 3.17b)
FCF Margin = 9.19% (FCF TTM 70.8m / Revenue TTM 770.0m)
Net Margin = 28.26% (Net Income TTM 217.6m / Revenue TTM 770.0m)
Gross Margin = 41.74% ((Revenue TTM 770.0m - Cost of Revenue TTM 448.6m) / Revenue TTM)
Gross Margin QoQ = 60.86% (prev 36.00%)
Tobins Q-Ratio = 1.14 (Enterprise Value 3.17b / Total Assets 2.79b)
Interest Expense / Debt = 9.97% (Interest Expense 80.2m / Debt 803.8m)
Taxrate = 0.0% (0.0 / 70.5m)
NOPAT = 322.9m (EBIT 322.9m * (1 - 0.00%))
Current Ratio = 1.75 (Total Current Assets 592.0m / Total Current Liabilities 337.7m)
Debt / Equity = 0.42 (Debt 803.8m / totalStockholderEquity, last quarter 1.93b)
Debt / EBITDA = 0.81 (Net Debt 391.3m / EBITDA 484.6m)
Debt / FCF = 5.53 (Net Debt 391.3m / FCF TTM 70.8m)
Total Stockholder Equity = 1.89b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.09% (Net Income 217.6m / Total Assets 2.79b)
RoE = 11.51% (Net Income TTM 217.6m / Total Stockholder Equity 1.89b)
RoCE = 13.46% (EBIT 322.9m / Capital Employed (Equity 1.89b + L.T.Debt 509.5m))
RoIC = 13.03% (NOPAT 322.9m / Invested Capital 2.48b)
WACC = 8.62% (E(2.78b)/V(3.59b) * Re(8.23%) + D(803.8m)/V(3.59b) * Rd(9.97%) * (1-Tc(0.0)))
Discount Rate = 8.23% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 0.0 | Cagr: 0.0%
[DCF Debug] Terminal Value 67.45% ; FCFF base≈181.7m ; Y1≈119.3m ; Y5≈54.4m
Fair Price DCF = 11.52 (EV 960.1m - Net Debt 391.3m = Equity 568.8m / Shares 49.4m; r=8.62% [WACC]; 5y FCF grow -40.0% → 2.90% )
[DCF Warning] FCF declining rapidly (-40.0%), DCF may be unreliable
EPS Correlation: -27.87 | EPS CAGR: 28.37% | SUE: -4.0 | # QB: 0
Revenue Correlation: 30.32 | Revenue CAGR: 21.48% | SUE: 1.05 | # QB: 1
EPS next Quarter (2026-03-31): EPS=1.77 | Chg30d=+0.233 | Revisions Net=-1 | Analysts=2
EPS next Year (2026-12-31): EPS=4.76 | Chg30d=-0.589 | Revisions Net=+0 | Growth EPS=-0.5% | Growth Revenue=+1.6%

Additional Sources for INSW Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle