INSW Q3 2024 Earnings — International Seaways, Inc. Revenue & Financial Results | Market Cap Arena

INSWInternational Seaways, Inc.

$4B

Q3 2024 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$225M-6.8% YoY

Gross Profit

$140M62.3% margin

Operating Income

$101M44.8% margin

Net Income

$92M40.7% margin

EPS (Diluted)

$1.84

QoQ Revenue Growth

-12.5%

Cash Flow

Operating Cash Flow

$129M

Free Cash Flow

$115M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$713M

Stockholders' Equity

$1.9B

Cash & Equivalents

$103M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$225M	$242M	-6.8%
Gross Profit	$140M	$127M	+10.6%
Operating Income	$101M	$114M	-11.6%
Net Income	$92M	$98M	-6.4%

Revenue Segments

Pool Revenue Leases

$170M75%

Time and Bareboat Charter Leases

$37M16%

Voyage Charter Leases

$18M8%