International Seaways Inc (INSW)

Return on equity (ROE)

		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
Net income (ttm)	US$ in thousands	416,724	513,015	519,264	528,303	556,446	642,761	658,251	573,525	387,891	135,470	-45,309	-134,345	-134,709	-217,606	-136,273	-52,001	-5,617	127,163	102,087	21,292
Total stockholders’ equity	US$ in thousands	1,856,050	1,874,630	1,887,440	1,794,890	1,716,760	1,650,080	1,620,270	1,557,280	1,487,750	1,328,830	1,230,560	1,164,870	1,133,690	1,214,780	1,142,130	967,763	972,042	1,086,520	1,072,050	1,029,680
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%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $416,724K ÷ $1,856,050K
= 22.45%

The return on equity (ROE) of International Seaways Inc has shown significant fluctuations over the past few years.

In the first quarter of 2020, the ROE was a relatively low 2.07%, indicating that for every dollar of shareholders' equity, the company generated a profit of 2.07 cents. The ROE then improved in subsequent quarters, reaching a high of 40.63% in June 2023, reflecting strong profitability and efficient use of shareholder funds.

However, the ROE started declining from the third quarter of 2023 onwards, dropping to 22.45% by the end of 2024. This downward trend may indicate challenges in maintaining or increasing profitability compared to the company's equity base.

Overall, International Seaways Inc's ROE performance has been volatile, with periods of both strong profitability and decreased returns. Investors and analysts may want to further investigate the factors driving these fluctuations to assess the company's financial health and management efficiency.