International Seaways profit margin INSW
Gross, operating and net profit as a share of revenue over the last twelve months, from 2016.
- Net margin, 12 months
- 62.0%
- Operating margin, 12 months
- 64.2%
- Net margin on a year earlier
- +32.1 pts
- Peer median
- 12.8%
Over the twelve months to Jun 30, 2026, International Seaways kept 62.0% of its revenue as net profit, with an operating margin of 64.2%.
Five years earlier its net margin was −54.1%.
The median for 10 travel stocks of a similar size is 12.8%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin |
|---|---|---|
| FY2025 | 36.7% | 41.0% |
| FY2024 | 43.8% | 47.8% |
| FY2023 | 51.9% | 57.4% |
| FY2022 | 44.9% | 51.2% |
| FY2021 | −49.0% | −41.1% |
| FY2020 | −1.3% | 9.5% |
| FY2019 | −0.2% | 15.1% |
| FY2018 | −32.9% | −20.2% |
| FY2017 | −94.1% | −95.7% |
| FY2016 | −12.0% | 3.9% |
| FY2015 | n/a | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 62.0% | +32.1 pts | 64.2% | |
| Q1 FY26 | 55.4% | +18.0 pts | 58.3% | |
| Q4 FY25 | 36.7% | −7.1 pts | 41.0% | |
| Q3 FY25 | 28.3% | −22.7 pts | 32.8% | |
| Q2 FY25 | 29.9% | −20.8 pts | 34.4% | |
| Q1 FY25 | 37.4% | −12.5 pts | 41.8% | |
| Q4 FY24 | 43.8% | −8.1 pts | 47.8% | |
| Q3 FY24 | 50.9% | −4.5 pts | 55.3% | |
| Q2 FY24 | 50.7% | −6.3 pts | 55.7% | |
| Q1 FY24 | 49.9% | −4.7 pts | 55.2% | |
| Q4 FY23 | 51.9% | +7.1 pts | 57.4% | |
| Q3 FY23 | 55.4% | +33.6 pts | 60.4% |
Against its peers
Companies in Travel Services nearest International Seaways' size, closest first, today.
| Company | Profit margin |
|---|---|
| INSWInternational Seaways | 62.0% |
| GXOGXO Logistics | 1.0% |
| FTDRFrontdoor | 12.8% |
| GATXGatx | n/m |
| MATXMatson | 13.4% |
| NCLHNorwegian Cruise Line | 7.5% |
| KEXKirby | 10.2% |
| TDWTidewater | 18.3% |
| ABMABM Industries | 1.8% |
| LPGDorian LPG | 55.0% |
| ROLRollins | 13.6% |
| Peer median | 12.8% |
Where International Seaways ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on International Seaways
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.