INSW Q3 2023 Earnings — International Seaways, Inc. Revenue & Financial Results | Market Cap Arena

INSWInternational Seaways, Inc.

$4B

Q3 2023 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$242M+2.1% YoY

Gross Profit

$127M52.4% margin

Operating Income

$114M47.2% margin

Net Income

$98M40.5% margin

EPS (Diluted)

$1.99

QoQ Revenue Growth

-17.3%

Cash Flow

Operating Cash Flow

$148M

Free Cash Flow

$144M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$911M

Stockholders' Equity

$1.7B

Cash & Equivalents

$139M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$242M	$237M	+2.1%
Gross Profit	$127M	$140M	-9.8%
Operating Income	$114M	$128M	-11.1%
Net Income	$98M	$113M	-13.7%

Revenue Segments

Pool Revenue Leases

$194M80%

Time and Bareboat Charter Leases

$28M11%

Voyage Charter Leases

$20M8%