INSWInternational Seaways, Inc.
Water Transportation
- Revenue
- $843M
- 11% YoY
- Operating margin
- 41.0%
- 14% YoY
- EBITDA
- $509M
- 16% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 1.0×
- $486M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear123% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear45% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear0% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $273M | $865M | $1.1B | $952M | $843M | 11% |
| Operating income | −$112M | $443M | $615M | $455M | $345M | 24% |
| Net income | −$135M | $388M | $556M | $417M | $309M | 26% |
| Operating cash flow | −$76M | $288M | $688M | $547M | $380M | 31% |
| Stock-based comp | $11M | $7M | $9M | $9M | $9M | 3.3% |
| Buybacks | $17M | $20M | $14M | $25M | — | |
| Dividends | $41M | $70M | $308M | $284M | $145M | 49% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $133M · 22
- Net
- −$133M
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $5M | $7M | 471 | 196 |
| FY2024 | $4M | $3M | 325 | 200 |
| FY2023 | $4M | $6M | 364 | 197 |
| FY2022 | $5M | $11M | 255 | 147 |
| FY2021 | $3M | $2M | 97 | 128 |