International Seaways Inc (INSW)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 455,225 | 615,431 | 443,368 | -55,149 | 131,501 |
| Revenue | US$ in thousands | 951,613 | 1,071,780 | 864,665 | 272,546 | 421,648 |
| Operating profit margin | 47.84% | 57.42% | 51.28% | -20.23% | 31.19% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $455,225K ÷ $951,613K
= 47.84%
The operating profit margin of International Seaways Inc has shown fluctuations over the years. In December 2020, the operating profit margin was at 31.19%, indicating a healthy margin of profitability. However, by December 2021, the operating profit margin dropped significantly to -20.23%, reflecting a negative margin, which may raise concerns about the company's operational efficiency during that period.
Subsequently, the operating profit margin improved in December 2022 to 51.28%, indicating a strong rebound in profitability. It further increased to 57.42% by December 2023, showcasing a robust performance in generating profits from operations. By December 2024, the operating profit margin stood at 47.84%, maintaining a relatively high level of profitability compared to previous years.
Overall, the trend in International Seaways Inc's operating profit margin indicates both volatility and resilience in the company's ability to generate profits from its core operations. It is essential for stakeholders to monitor the factors influencing these fluctuations to assess the company's operational efficiency and profitability sustainability.
Peer comparison
Dec 31, 2024