INSW Q4 2023 Earnings — International Seaways, Inc. Revenue & Financial Results | Market Cap Arena

INSWInternational Seaways, Inc.

$4B

Q4 2023 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$251M-25.9% YoY

Gross Profit

$134M53.6% margin

Operating Income

$147M58.7% margin

Net Income

$132M52.7% margin

EPS (Diluted)

$2.68

QoQ Revenue Growth

+3.7%

Cash Flow

Operating Cash Flow

$125M

Free Cash Flow

$112M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$2.5B

Total Liabilities

$805M

Stockholders' Equity

$1.7B

Cash & Equivalents

$127M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$251M	$338M	-25.9%
Gross Profit	$134M	$236M	-43.0%
Operating Income	$147M	$233M	-36.7%
Net Income	$132M	$218M	-39.5%

Revenue Segments

Pool Revenue Leases

$399M81%

Time and Bareboat Charter Leases

$57M12%

Voyage Charter Leases

$37M7%