INSW Q2 2024 Earnings — International Seaways, Inc. Revenue & Financial Results | Market Cap Arena

INSWInternational Seaways, Inc.

$4B

Q2 2024 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$257M-11.9% YoY

Gross Profit

$141M54.6% margin

Operating Income

$155M60.1% margin

Net Income

$145M56.2% margin

EPS (Diluted)

$2.91

QoQ Revenue Growth

-6.2%

Cash Flow

Operating Cash Flow

$168M

Free Cash Flow

-$9M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.7B

Total Liabilities

$787M

Stockholders' Equity

$1.9B

Cash & Equivalents

$176M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$257M	$292M	-11.9%
Gross Profit	$141M	$180M	-22.0%
Operating Income	$155M	$169M	-8.2%
Net Income	$145M	$154M	-5.9%

Revenue Segments

Pool Revenue Leases

$208M81%

Time and Bareboat Charter Leases

$31M12%

Voyage Charter Leases

$19M7%