International Seaways, Inc. · Water Transportation

INSW

Moderate riskNext report: Around Nov 5 (est.)

View price ↗

The short version

A high-quality, profitable business with growing sales. Institutions are adding.

Going well

Sales up 139% in the latest quarter vs a year ago
Profitable, keeps 37% of sales as profit
Brings in more cash than it spends

Watch out for

Revenue down 11.4% from the year before

Money moves

Insiders sold $107.5M in the last 30 days
Institutions added 5.3% to their holdings in the quarter ending June 2026 (224 bought, 131 sold)

Facts from SEC filings, not a recommendation.

What the price means

Price as of Oct 26

$113.76+2.7% that day

Company value: $5.6B; Share price times all shares
Price vs profit (P/E): 7.3x; You pay about $7 for each $1 of yearly profit
Price vs sales: 4.5x; Company value is 4.5 times a year of sales
Dividend yield: 2.6%; Yearly dividend as a share of today's price
Cash vs value: 3%; Cash as a share of company value
Debt vs value: 10%; Debt as a share of company value

From INSW's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.

The business over time

Last 12 quarters, from SEC filings

Sales, Jun '26

$467.3M+139% vs a year earlier

Sep '23Tap a barJun '26

Last 12 months: $1.3B, up 57% from the 12 months before. Over 5 years, sales grew about 15% a year.

What the price assumes

Your guesses, our math

Move the sliders to your own view of INSW. Starting points are the company's recent numbers.

Sales growth+30% a yearRecently: +57% a yearProfit margin50%Last 12 months: 62.0%P/E at the end8xToday: 7.3x. Many steady companies trade at 12x to 25xShare count change0% a yearBelow zero means buybacks; above zero means new shares (dilution)

Sales in 5 years$4.7B

Profit in 5 years$2.3B

Price these guesses point to$376.91+231% vs $113.76 todayAbout +27% a year, before dividends

What today's price needs: with a 50% margin and a 8x P/E, sales would have to grow about 2.3% a year for 5 years just to match today's price.

Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.

Price

Price chart by TradingView.

Business quality

The checklist Warren Buffett-style investors use. Annual numbers for 2025.

5/6Strong

PassReturn on equity 15%+Earns a lot on the money owners have in the business.16.0%
PassDebt under half of equityNot relying on borrowed money.0.28x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.36.7%
MissProfitable every yearSteady profits, not one good year.4 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$380.1M
PassShare count not growingNot diluting owners. Falling means buybacks.-0.5% in 3 years

Revenue: $843.3M; -11.4% vs prior year
5-year growth: +14.9%/yr; revenue, per year
Total debt: $567.1M; 0.28x equity
Current ratio: 3.71x; short-term assets / bills due

From annual reports filed with the SEC. Not in this company's SEC data, so not scored: gross margin 40%+. A checklist is a starting point for research, not a verdict.

Latest quarter

Quarter ended Jun 30, 2026

Reported Aug 10

Revenue: $467.3M; +138.8% YoY
EPS: $5.91; vs $1.25
Op. margin: 64.5%; +29.0 pts
Free cash flow: $267.7M
Share count: +0.8%; vs a year ago

Insider rating

Last 90 days

21Selling

1 insider sold $107.3M (not pre-planned)
Pre-planned sales of $228K (weaker signal)

50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.

Weekly insider trend

13 weeks agoBoughtSoldThis week

Filing buzz

Last 7 days vs normal

79/ 100

This week: 3
Normal week: 0.8
vs normal: 3.9x

SEC filings of any kind. 50 means a normal week.

Institutional ownership

Accumulating+5.3%

Institutions added 5.3% to their holdings. 224 bought, 131 sold. 2 quarters of net buying in a row.

Shares held by institutions40.5M

Sep '24Jun '26

Safety check

From SEC filings

Share count growthYearly rate, last 3 years

+0.4%

Cash runwayAt last year's cash burn

Cash flow positive

Debt to equityLatest balance sheet: debt compared with what owners have

0.3x · $645.6M debt

Shares outstandingLatest reported

50M

Why moderate risk

Revenue down 11.4% from the year before
3 offering filings in 6 months (may sell new shares)

Earnings reports

Last 12

Next reportAround Nov 5 (est.)Estimated from the same quarter last year

Results filedAug 10
Results filedMay 7
Results filedFeb 26
Results filedNov 6, 2025
Results filedAug 6, 2025

Flags and big holders

Offerings 6 months, flags 12 months, holders 90 days

Unregistered share saleOct 21 · View filing ↗Offering Major agreementOct 16 · View filing ↗Offering 5%+ holder update (active)Oct 8 · View filing ↗Activist Offering prospectusMay 11 · View filing ↗Offering

Insider trades

Open-market buys and sells, last 90 days

Bought$00 insiders

Sold$107.5M2 insiders, 1 pre-planned

Insider	Trade	Shares	Avg price	Value	Owns after	Date
Lois K ZabrockyPresident & CEO	Sell	2K	$114.23	$228K	170K	Oct 15Filing ↗
-1.2% of their holdings Pre-planned sale (10b5-1) Also Director Filed 4 days after
Famatown Finance Ltd10% owner	Sell	1M	$97.01	$107.3M	7M	Oct 8Filing ↗
-14.2% of their holdings $81.28 to $118.50 across 14 trades Traded Apr 30 to Oct 8 Held See footnotes Not a pre-planned sale Filed jointly with 2 others Filed 8 days after