International Seaways Past Earnings Performance
Past criteria checks 3/6
International Seaways has been growing earnings at an average annual rate of 61%, while the Oil and Gas industry saw earnings growing at 24.3% annually. Revenues have been growing at an average rate of 29.8% per year. International Seaways's return on equity is 29.4%, and it has net margins of 49.9%.
Key information
61.0%
Earnings growth rate
54.5%
EPS growth rate
| Oil and Gas Industry Growth | 27.8% |
| Revenue growth rate | 29.8% |
| Return on equity | 29.4% |
| Net Margin | 49.9% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How International Seaways makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 1,059 | 528 | 49 | 0 |
| 31 Dec 23 | 1,072 | 556 | 48 | 0 |
| 30 Sep 23 | 1,159 | 642 | 48 | 0 |
| 30 Jun 23 | 1,154 | 658 | 48 | 0 |
| 31 Mar 23 | 1,050 | 573 | 47 | 0 |
| 31 Dec 22 | 865 | 387 | 46 | 0 |
| 30 Sep 22 | 621 | 135 | 42 | 0 |
| 30 Jun 22 | 469 | -46 | 39 | 0 |
| 31 Mar 22 | 327 | -133 | 35 | 0 |
| 31 Dec 21 | 273 | -134 | 33 | 0 |
| 30 Sep 21 | 235 | -216 | 31 | 0 |
| 30 Jun 21 | 250 | -135 | 30 | 0 |
| 31 Mar 21 | 343 | -52 | 30 | 0 |
| 31 Dec 20 | 422 | -6 | 28 | 0 |
| 30 Sep 20 | 489 | 127 | 29 | 0 |
| 30 Jun 20 | 460 | 102 | 28 | 0 |
| 31 Mar 20 | 390 | 21 | 28 | 0 |
| 31 Dec 19 | 366 | -1 | 27 | 0 |
| 30 Sep 19 | 343 | -10 | 27 | 0 |
| 30 Jun 19 | 332 | -46 | 26 | 0 |
| 31 Mar 19 | 320 | -49 | 28 | 0 |
| 31 Dec 18 | 270 | -89 | 25 | 0 |
| 30 Sep 18 | 239 | -187 | 25 | 0 |
| 30 Jun 18 | 238 | -161 | 26 | 0 |
| 31 Mar 18 | 253 | -153 | 24 | 0 |
| 31 Dec 17 | 290 | -106 | 24 | 0 |
| 30 Sep 17 | 306 | -73 | 26 | 0 |
| 30 Jun 17 | 327 | -102 | 27 | 0 |
| 31 Mar 17 | 358 | -60 | 30 | 0 |
| 31 Dec 16 | 398 | -18 | 31 | 0 |
| 30 Sep 16 | 437 | 77 | 33 | 0 |
| 30 Jun 16 | 488 | 180 | 37 | 0 |
| 31 Mar 16 | 509 | 197 | 39 | 0 |
| 31 Dec 15 | 498 | 173 | 42 | 0 |
| 31 Dec 14 | 517 | -119 | 53 | 0 |
| 31 Dec 13 | 585 | -724 | 70 | 0 |
Quality Earnings: INSW N has high quality earnings.
Growing Profit Margin: INSW N's current net profit margins (49.9%) are lower than last year (54.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: INSW N has become profitable over the past 5 years, growing earnings by 61% per year.
Accelerating Growth: INSW N's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: INSW N had negative earnings growth (-7.8%) over the past year, making it difficult to compare to the Oil and Gas industry average (-38.5%).
Return on Equity
High ROE: INSW N's Return on Equity (29.4%) is considered high.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/06/02 15:26 |
| End of Day Share Price | 2024/03/05 00:00 |
| Earnings | 2024/03/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
International Seaways, Inc. is covered by 11 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Clinton Webb | Axia Capital Markets, LLC |
| Liam Burke | B. Riley Securities, Inc. |
| Gregory Lewis | BTIG |