International Seaways, Inc. (INSW) Stock

International Seaways, Inc. (INSW) is a Industrials stock trading at $99.91 (as of 2026-08-24), with a market capitalization of $4.95B and a trailing P/E of 5.0. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

International Seaways, Inc. owns and operates oceangoing vessels used to transport crude oil and petroleum products in the international flag trade. It operates through two segments—Crude Tankers and Product Carriers—and serves independent and state-owned oil companies, oil traders, refinery operators, and international government entities.

Understand International Seaways, Inc.: how it makes money

International Seaways, Inc. owns and operates oceangoing vessels that transport crude oil and petroleum products, and it earns money from shipping and time charter services, reported through Crude Tankers and Product Carriers.

The profit engine is the level of earnings implied by Time Charter Equivalent Revenues, backed by visibility tracked as Contracted Revenues Remaining in Time Charter Agreements.

Revenue by segment (latest quarter)
Crude Tankers	$0.1B
Product Carriers	$0.2B

Business quality (Exceptional): Segment revenue detail is incomplete in the provided inputs (only partial, TCE-style segment figures are shown), but the company-level operating KPIs (Shipping, TCE, and contracted revenue remaining) are clear.

Valuation: At 8× earnings, INSW trades 56% below the Transportation average (18×). Note: one-time items can distort reported P/E.

Bull case

Fleet scale and capacity to serve multiple customer types: As of December 31, 2021, it owned and operated 83 vessels (including 12 chartered-in vessels) and also has ownership interests in two floating storage and offloading service vessels.
Revenue visibility through time-charter contracts: It tracks Contracted Revenues Remaining in Time Charter Agreements, which helps indicate how much of future revenue is already contracted.

Bear case

Earnings are tied to the contracted charter portfolio and remaining contract coverage: Because the company reports contracted revenue remaining under time charter agreements, performance can be pressured if contracted coverage changes over time.
International shipping activity can be concentrated in a specific trade format: It operates in the international flag trade transporting crude oil and petroleum products, so results may be sensitive to conditions affecting that market (not quantified in the provided facts).

Valuation — source: SEC EDGAR (first-party)
Price	$99.91
Market Cap	$4.95B
P/E Ratio	5.0
EV / EBITDA	4.8
Price / Book	2.18
Price / Sales	3.57
DCF Value (model)	$83.67
DCF Upside vs Price	-16.3%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$843.30M
Net Margin	36.7%
Revenue Growth (YoY)	138.8%
EPS Growth (YoY)	376.8%

Financial Health — source: SEC EDGAR
Altman Z-Score	5.71 (safe)

Valuation vs Sector & Industry
Stock P/E	5.0
Sector P/E (Industrials)	26.0
Industry P/E (Transportation)	17.0
vs Sector	-80.9%
vs Industry	-70.7%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	BlackRock, Inc. ($456.72M)
Institutional Holders Tracked	10
Congressional Trades (recent)	1

Company
Sector	Industrials
Industry	Transportation
CEO	Lois K. Zabrocky
Employees	2,899
Country	US
IPO Date	2016-11-16

Related Companies (Transportation; 8 comparable transport companies)

Data as of 2026-08-24.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.