International Seaways Inc (INSW)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 58.42% | 57.74% | 49.08% | 51.70% | 53.17% | 58.85% | 64.33% | 62.21% | 54.42% | 35.98% | 14.14% | -8.43% | -12.02% | -11.31% | 7.19% | 31.26% | 40.12% | 46.65% | 41.96% | 29.37% |
| 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% |
| Pretax margin | 43.68% | 51.25% | 63.00% | 61.55% | 63.87% | 66.67% | 57.06% | 54.61% | 44.87% | 21.97% | -9.55% | -35.46% | -41.59% | -76.57% | -45.44% | -15.13% | -1.31% | 26.02% | 22.19% | 5.46% |
| Net profit margin | 43.79% | 50.91% | 62.58% | 61.11% | 63.43% | 66.63% | 57.03% | 54.61% | 44.86% | 21.81% | -9.66% | -35.58% | -41.73% | -76.39% | -45.44% | -15.16% | -1.33% | 26.01% | 22.18% | 5.46% |
International Seaways Inc's profitability ratios have displayed significant fluctuations over the past few years. The gross profit margin showed a volatile trend, starting low at around 29% in March 2020, peaking at over 64% in June 2023, and then stabilizing around 58% by the end of 2024.
Similarly, the operating profit margin experienced drastic changes, ranging from a negative margin in the first half of 2021 to a peak of over 72% in September 2023. The pretax margin and net profit margin followed a similar pattern, showing negative margins in 2021 and then increasing substantially to reach around 60% by March 2024.
Overall, while there were periods of financial challenges for International Seaways Inc, notably in 2021, the company's profitability ratios have shown a positive trajectory and improvement towards the end of the observed period. This indicates a recovery and enhanced financial performance over time.
Return on investment
| 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 return on assets (Operating ROA) | 16.27% | 19.55% | 19.41% | 21.92% | 23.40% | 27.37% | 26.93% | 24.45% | 16.90% | 7.90% | 0.38% | -3.69% | -3.93% | -7.67% | -5.75% | -1.34% | 2.77% | 10.92% | 9.69% | 5.60% |
| Return on assets (ROA) | 15.81% | 19.82% | 19.41% | 20.71% | 22.07% | 25.10% | 24.79% | 22.30% | 14.83% | 5.51% | -1.92% | -5.68% | -5.74% | -8.91% | -7.25% | -3.35% | -0.35% | 7.43% | 5.80% | 1.22% |
| Return on total capital | 23.04% | 28.51% | 28.76% | 32.56% | 35.24% | 42.10% | 43.79% | 39.91% | 30.10% | 14.14% | -0.10% | -8.05% | -8.93% | -15.24% | -8.36% | -1.21% | 4.65% | 16.50% | 13.55% | 6.50% |
| Return on equity (ROE) | 22.45% | 27.37% | 27.51% | 29.43% | 32.41% | 38.95% | 40.63% | 36.83% | 26.07% | 10.19% | -3.68% | -11.53% | -11.88% | -17.91% | -11.93% | -5.37% | -0.58% | 11.70% | 9.52% | 2.07% |
International Seaways Inc has shown a fluctuating trend in profitability ratios over the past few years. Looking at the operating return on assets (Operating ROA), the company experienced a significant increase from March 31, 2020, to December 31, 2024, with the ratio reaching its peak at 27.37% on September 30, 2023, reflecting a strong operational performance.
Similarly, the return on assets (ROA) also shows an improving trend, starting from negative figures in the first quarter of 2021 and gradually increasing to 19.82% on September 30, 2024. This indicates that the company's profitability in relation to its total assets has been on the rise over the period in focus.
In terms of return on total capital, the company's performance has been volatile but generally positive. The ratio fluctuated between negative and positive values until a significant increase was observed from March 31, 2022, onwards, reaching a peak of 43.79% on June 30, 2023, before stabilizing around 28-32% in the last three quarters of 2024.
Lastly, the return on equity (ROE) has also displayed an upward trend, showcasing an improvement in the company's ability to generate profits from shareholders' equity. The ratio reached its highest level of 40.63% on June 30, 2023, indicating a strong return for equity investors.
Overall, the profitability ratios of International Seaways Inc demonstrate varying performance levels, with notable improvements in operational efficiency, asset utilization, capital management, and returns to equity holders over the analyzed period.