International Seaways
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. International Seaways's past years’ income statements indicate that its last revenue has increased compared to the previous period by 24% to $1,071,775,000. The net income raised on $556,446,000 and profit margin reached 52%. Total operating expenses were $12,107,000.
Profit Margin
| 2014 | 517.01M | -119.09M | -23.04% |
|---|---|---|---|
| 2015 | 497.63M | 173.17M | 34.8% |
| 2016 | 398.31M | -18.22M | -4.57% |
| 2017 | 290.10M | -106.08M | -36.57% |
| 2018 | 270.36M | -88.94M | -32.9% |
| 2019 | 366.18M | -830K | -0.23% |
| 2020 | 421.64M | -5.53M | -1.31% |
| 2021 | 272.54M | -134.66M | -49.41% |
| 2022 | 864.66M | 387.89M | 44.86% |
| 2023 | 1.07B | 556.44M | 51.92% |
INSW Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 1.07B | 864.66M | 272.54M | 421.64M | 366.18M | 270.36M | 290.10M | 398.31M | 497.63M | 517.01M |
Cost of revenue | 444.23M | 394.14M | 310.35M | 252.47M | 282.63M | 279.60M | 276.89M | 272.51M | 284.22M | 449.68M |
Gross profit | 627.53M | 470.51M | -37.80M | 169.17M | 83.54M | -9.24M | 13.20M | 125.80M | 213.41M | 67.32M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 12.10M | 46.35M | 33.23M | 28.97M | 28.04M | 24.30M | 25.34M | 40.66M | 41.55M | 56.01M |
Operating income | 615.43M | 443.36M | -55.14M | 131.50M | 66.38M | -25.09M | -59.26M | 22.79M | 221.87M | 42.47M |
Other income (expenses), net | -55.10M | -55.38M | -77.89M | -49.52M | -67.21M | 4.73M | -47.06M | -63.45M | -48.56M | -160.83M |
Income before tax | 560.32M | 387.97M | -133.04M | -5.53M | -829K | -89.04M | -106.04M | -17.78M | 173.31M | -118.35M |
Income tax expense | 3.87M | 88K | 1.61M | 1K | 1K | -105K | 44K | 440K | 140K | 744K |
Net income | 556.44M | 387.89M | -134.66M | -5.53M | -830K | -88.94M | -106.08M | -18.22M | 173.17M | -119.09M |
Earnings per share | ||||||||||
Basic EPS | 11.35 | 7.86 | -3.51 | -0.19 | -0.02 | -3.05 | -3.64 | -0.62 | 5.94 | -4.08 |
Diluted EPS | 11.25 | 7.78 | -3.51 | -0.19 | -0.02 | -3.05 | -3.64 | -0.62 | 5.94 | -4.08 |
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