International Seaways Inc (INSW)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 428,944 | 505,913 | 519,101 | 559,219 | 590,145 | 700,907 | 715,153 | 628,697 | 441,953 | 194,392 | 8,895 | -87,346 | -92,277 | -187,235 | -107,956 | -20,838 | 43,999 | 187,020 | 170,463 | 97,447 |
| Revenue (ttm) | US$ in thousands | 951,613 | 1,007,734 | 829,787 | 864,581 | 877,310 | 964,733 | 1,154,319 | 1,050,313 | 864,665 | 621,178 | 469,165 | 377,539 | 322,813 | 284,846 | 299,913 | 343,067 | 421,648 | 488,967 | 460,362 | 389,647 |
| Operating profit margin | 45.08% | 50.20% | 62.56% | 64.68% | 67.27% | 72.65% | 61.95% | 59.86% | 51.11% | 31.29% | 1.90% | -23.14% | -28.59% | -65.73% | -36.00% | -6.07% | 10.44% | 38.25% | 37.03% | 25.01% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $428,944K ÷ $951,613K
= 45.08%
The operating profit margin of International Seaways Inc has shown significant fluctuations over the periods analyzed. It started at a healthy level in March 2020 at 25.01% and increased to 38.25% by September 2020, indicating efficient cost management and strong operational performance. However, there was a notable decline by December 2020 to 10.44%, which might have been due to various factors impacting the company's profitability.
The following periods reflected a downward trend in the operating profit margin, with negative margins observed from March 2021 to June 2022. These negative margins suggest that the company's operating expenses exceeded its operating income during these periods, signaling potential financial challenges or operational inefficiencies.
Subsequently, there was a significant turnaround in the operating profit margin from September 2022 onwards, with a sharp increase to 72.65% by September 2023. This substantial improvement indicates successful cost containment measures or revenue enhancements implemented by the company during this period.
However, the operating profit margin showed a slight decrease by the end of December 2024, settling at 45.08%. Although this level is lower than the peak observed in September 2023, it still represents a healthy margin, showcasing International Seaways Inc's ability to generate profits from its core business operations.
Overall, the analysis of the operating profit margin for International Seaways Inc reveals a mix of positive and challenging periods, highlighting the company's resilience in navigating through varying market conditions and its efforts to enhance operational efficiency to drive profitability.
Peer comparison
Dec 31, 2024