International Seaways, Inc. cash flow statement
In fiscal 2025, International Seaways, Inc.'s operations generated $380m of cash; it spent $1.4m on capital projects, leaving free cash flow of $379m. It returned $145m in dividends.
Cash flow statement
| Fiscal year | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −253 | 223 | 129 | 17 | −12 | 87 | 216 | −76 | 288 | 688 | 547 | 380 | 633 |
| Depreciation and amortisation | 85 | 82 | 80 | 79 | 72 | 76 | 74 | 87 | 110 | 129 | 149 | 164 | 163 |
| Stock-based pay | 1 | 3 | 3 | 4 | 3 | 4 | 6 | 11 | 7 | 9 | 9 | 9 | 8 |
| Capital spending | 21 | 1 | 2 | 174 | 149 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Free cash flow | −275 | 222 | 127 | −156 | −161 | 87 | 216 | −77 | 287 | 687 | 546 | 379 | 632 |
| Free cash flow after stock pay | −275 | 219 | 124 | −160 | −165 | 83 | 210 | −88 | 280 | 678 | 537 | 370 | 624 |
| Dividends paid | — | — | — | — | — | — | 7 | 41 | 70 | 308 | 284 | 145 | 412 |
| Share buybacks | — | — | — | — | — | — | 30 | 17 | 20 | 14 | 25 | — | — |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 129 | 94 | 70 | 86 | 78 | 146 | 141 | 268 |
| Depreciation and amortisation | 39 | 39 | 40 | 41 | 41 | 41 | 41 | 40 |
| Stock-based pay | 2 | 3 | 2 | 2 | 2 | 3 | 1 | 2 |
| Capital spending | 0 | 1 | 0 | 0 | 0 | 1 | 0 | 0 |
| Free cash flow | 129 | 93 | 70 | 86 | 78 | 145 | 141 | 268 |
| Free cash flow after stock pay | 127 | 90 | 68 | 84 | 76 | 142 | 139 | 266 |
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