INSW Q3 2022 Earnings — International Seaways, Inc. Revenue & Financial Results | Market Cap Arena

INSWInternational Seaways, Inc.

$4B

Q3 2022 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$237M+179.2% YoY

Gross Profit

$140M59.3% margin

Operating Income

$128M54.2% margin

Net Income

$113M47.9% margin

EPS (Diluted)

$2.28

QoQ Revenue Growth

+25.8%

Cash Flow

Operating Cash Flow

$91M

Free Cash Flow

$57M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.5B

Total Liabilities

$1.1B

Stockholders' Equity

$1.3B

Cash & Equivalents

$174M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$237M	$85M	+179.2%
Gross Profit	$140M	-$17M	+941.5%
Operating Income	$128M	-$57M	+324.9%
Net Income	$113M	-$67M	+268.4%

Revenue Segments

Pool Revenue Leases

$215M91%

Voyage Charter Leases

$13M6%

Time and Bareboat Charter Leases

$8M4%