INSW vs FRO vs MATX Stock Comparison

International Seaways, Frontline and Matson Prices as of Oct 29, 2026 Peers: Industry group
FRO Frontline plc
$56.54 +15.6% 1M +128.4% 1Y
Market cap
$12.59B
P/E
8.5x
Revenue (TTM)
$2.71B
Div. yield
6.31%
Marine Shipping Industrials
3 wins
MATX Matson, Inc.
$227.28 +0.4% 1M +130.8% 1Y
Market cap
$6.80B
P/E
14.8x
Revenue (TTM)
$3.46B
Div. yield
0.64%
Marine Shipping Industrials
2 wins

Head to Head

12 decided of 12

International Seaways leads on 7 of the 12 questions below (International Seaways 7, Frontline 3, Matson 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionINSWFROMATXLeader
Larger companyMarket capitalisation $5.63B $12.59B $6.80B FRO
Cheaper on earningsLower P/E, profitable companies only 7.2x 8.5x 14.8x INSW
Cheaper on forward earningsLower price / next fiscal year consensus EPS 6.5x 5.7x 13.0x FRO
Faster revenue growthRevenue growth, trailing twelve months +57.4% +48.8% -0.2% INSW
More profitableNet margin, trailing twelve months 62.0% 54.8% 13.4% INSW
Better return on capitalReturn on invested capital 28.3% 29.5% 14.3% FRO
Less leveragedLower net debt / EBITDA 0.2x — 0.3x INSW
Higher dividend yieldTrailing dividend yield 7.09% 6.31% 0.64% INSW
Better 1-year returnPrice return, last 12 months +124.1% +128.4% +130.8% MATX
Better 5-year returnAnnualised price return, 5 years +45.3%/yr +45.1%/yr +22.3%/yr INSW
Less volatileAnnualised volatility, 1 year 40.0% 44.8% 34.6% MATX
Higher overall scoreMean of the five percentile scores vs peers 82/100 79/100 45/100 INSW

Percentile Scorecard

INSWFROMATX

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisINSWFROMATX
Valuation 46 #74 of 136 47 #72 of 136 33 #92 of 136
Growth 82 #23 of 121 97 #5 of 121 23 #94 of 121
Profitability 97 #4 of 112 98 #3 of 112 60 #46 of 112
Financial Health 89 #16 of 140 67 #47 of 140 69 #44 of 140
Shareholder Returns 95 #5 of 80 87 #11 of 80 42 #47 of 80
Overall 82 79 45
  • INSW ranked among 150 companies in Transportation
  • FRO ranked among 150 companies in Transportation
  • MATX ranked among 150 companies in Transportation

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodINSWFROMATXSPY
1 month +3.0%+15.6%+0.4% +0.7%
3 months +19.4%+44.6%+11.5% +3.7%
6 months +37.0%+54.9%+30.3% +7.1%
Year to date +134.1%+159.1%+84.0% +12.8%
1 year +124.1%+128.4%+130.8% +11.9%
3 years +136.5%+158.8%+151.3% +85.2%
3 years, per year +33.3%+37.3%+36.0% +22.8%
5 years +547.6%+541.8%+172.9% +67.6%
5 years, per year +45.3%+45.1%+22.3% +10.9%
10 years —+663.0%+477.6% +262.0%
10 years, per year —+22.5%+19.2% +13.7%

Risk

MeasureINSWFROMATXSPY
Volatility, 1Y 40.0%44.8%34.6% 12.7%
Downside volatility, 1Y 37.5%45.2%26.2% 12.6%
Beta vs S&P 500, 1Y 0.300.501.00 1.00
Return / volatility, 1Y 3.102.873.78 0.94
Max drawdown, 5Y -55.8%-56.1%-54.4% -25.4%
From 52-week high -9.1%-4.5%-4.2% -1.2%
52-week high $125.00$59.22$237.28 $779.14
52-week low $46.81$20.58$97.33 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleINSWFROMATX
P/E now vs peer median 7.2xmedian 16.5x 8.5xmedian 16.5x 14.8xmedian 16.5x
P/S now vs peer median 4.5xmedian 0.9x 4.6xmedian 0.9x 2.0xmedian 0.9x
EV/EBITDA now vs peer median 6.0xmedian 8.8x —median 8.8x 9.7xmedian 8.8x
P/FCF now vs peer median 20.9xmedian 11.9x 6.2xmedian 11.9x 61.4xmedian 11.9x
P/B now vs peer median 2.5xmedian 1.2x 4.0xmedian 1.2x 2.5xmedian 1.2x
PEG now vs peer median 1.32median 0.84 0.45median 0.84 2.46median 0.84

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsINSWFROMATX
Revenue $1.26B $2.71B $3.46B
Operating income $806.76M $1.63B $525.00M
Net income $779.12M $1.49B $463.80M
Free cash flow $269.32M $2.02B $110.70M
EPS (diluted) $15.62 $6.68 $15.31
Cash & equivalents $159.40M $321.42M $119.30M
Total debt $645.62M $2.43B $332.40M
Shares (diluted) 49.86M 222.62M 30.30M
Enterprise value $4.26B $11.35B $6.34B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricINSWFROMATX
P/E 7.2x 8.5x 14.8x
P/FCF 20.9x 6.2x 61.4x
P/Operating cash flow 8.9x 9.3x 11.6x
P/S 4.5x 4.6x 2.0x
P/B 2.5x 4.0x 2.5x
P/Tangible book 2.5x 4.0x 2.6x
EV/EBITDA 6.0x – 9.7x
EV/EBIT 7.3x 9.0x 13.4x
EV/Revenue 4.7x 5.4x 2.0x
EV/FCF 21.8x 7.3x 63.3x
EV/Operating cash flow 9.3x 10.9x 12.0x
PEG (3Y EPS CAGR) 1.32 0.45 2.46

Growth

14 metrics
MetricINSWFROMATX
Revenue growth (1Y) 57.4% 48.8% -0.2%
Revenue CAGR (3Y) 2.9% 12.2% 0.6%
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) 193.8% 226.3% -10.2%
Operating income CAGR (3Y) 4.1% 24.1% -2.3%
Net income growth (1Y) 226.4% 524.5% -6.1%
Net income CAGR (3Y) 5.8% 21.7% 0.4%
EPS growth (1Y) 223.8% 524.5% 0.4%
EPS CAGR (3Y) 5.5% 19.0% 6.0%
Operating cash flow growth (1Y) 67.3% 116.9% -5.5%
Operating cash flow CAGR (3Y) -2.7% 17.1% -11.0%
Free cash flow growth (1Y) 34.3% 218.6% -57.0%
Free cash flow CAGR (3Y) -14.9% 20.5% -42.1%

Profitability

14 metrics
MetricINSWFROMATX
Gross margin – – –
EBITDA margin 77.6% – 21.0%
Operating margin 64.2% 60.1% 15.2%
Pretax margin 61.4% 54.9% 15.9%
Net margin 62.0% 54.8% 13.4%
FCF margin 21.4% 74.3% 3.2%
Operating cash flow margin 50.4% 49.8% 16.9%
Return on equity 34.6% 49.6% 16.9%
Return on assets 26.2% 25.9% 10.0%
Return on invested capital 28.3% 29.5% 14.3%
Return on capital employed 28.7% 31.0% 13.0%
Asset turnover 0.4x 0.5x 0.7x
Cash conversion (OCF / net income) 0.8x 0.9x 1.3x
Stock comp / revenue 0.6% – 0.7%

Financial Health

11 metrics
MetricINSWFROMATX
Debt / assets 21.4% 41.9% 7.1%
Debt / equity 0.3x 0.8x 0.1x
Net debt / EBITDA 0.2x – 0.3x
Debt / FCF 2.4x 1.2x 3.0x
Liabilities / assets 25.0% 45.7% 41.2%
Equity / assets 75.0% 54.3% 58.8%
Interest coverage 19.7x 8.8x 79.5x
Current ratio 5.9x 1.9x 0.9x
Quick ratio 7.3x 1.4x 0.8x
Cash ratio 3.1x 0.7x 0.2x
Altman Z-score 6.40 4.64 3.92

Shareholder Returns

7 metrics
MetricINSWFROMATX
Dividend yield 7.1% 6.3% 0.6%
Net buyback yield – – 3.9%
Shareholder yield 7.1% 6.3% 4.5%
Payout ratio (earnings) – – 9.6%
Payout ratio (FCF) – – 40.3%
Dividend growth (1Y) – – -0.9%
Dividend CAGR (3Y) – – -0.6%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusINSWFROMATX
Forward P/E 6.5xFY2026 5.7xFY2026 13.0xFY2026
EPS, next fiscal year $17.52FY2026 $9.98FY2026 $17.50FY2026
EPS growth, next FY +223.2%FY2026 +487.1%FY2026 +26.7%FY2026
EPS growth, the year after -35.2% -49.8% -8.5%
Revenue, next fiscal year $1.35BFY2026 $2.52BFY2026 $3.45BFY2026
Revenue growth, next FY +64.2%FY2026 +110.2%FY2026 +3.2%FY2026
Revenue growth, the year after -10.4% -18.3% +6.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersINSWFROMATX
Held by institutions 81.7% 33.6% 86.3%
Institutions holding 365 262 429
Change in shares held, QoQ +5.2% +36.6% +0.4%
Institutions buying 228 152 213
Institutions selling 86 75 134
Buyers to sellers 2.65 2.03 1.59

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

INSWFROMATX
INSW 1.00 0.81 0.25
FRO 0.81 1.00 0.24
MATX 0.25 0.24 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, INSW, FRO and MATX?

Frontline (FRO) is the largest by market capitalisation: International Seaways (INSW) $5.63B, Frontline (FRO) $12.59B, Matson (MATX) $6.80B.

Which stock is cheaper, INSW, FRO and MATX?

International Seaways (INSW) trades on the lowest price-to-earnings ratio (International Seaways (INSW) 7.2x, Frontline (FRO) 8.5x, Matson (MATX) 14.8x). On next year's consensus earnings, Frontline (FRO) is cheapest (International Seaways (INSW) 6.5x, Frontline (FRO) 5.7x, Matson (MATX) 13.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

International Seaways (INSW) grew revenue fastest over the trailing twelve months: International Seaways (INSW) +57.4%, Frontline (FRO) +48.8%, Matson (MATX) -0.2%.

Which company is more profitable?

International Seaways (INSW) has the highest net margin (International Seaways (INSW) 62.0%, Frontline (FRO) 54.8%, Matson (MATX) 13.4%). On return on invested capital, Frontline (FRO) leads (International Seaways (INSW) 28.3%, Frontline (FRO) 29.5%, Matson (MATX) 14.3%).

Which stock has performed better?

Over the past year Matson (MATX) returned the most: International Seaways (INSW) +124.1%, Frontline (FRO) +128.4%, Matson (MATX) +130.8%. Over five years, International Seaways (INSW) compounded fastest (International Seaways (INSW) +45.3%/yr, Frontline (FRO) +45.1%/yr, Matson (MATX) +22.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

International Seaways (INSW) has the highest dividend yield: International Seaways (INSW) 7.09%, Frontline (FRO) 6.31%, Matson (MATX) 0.64%.

Which stock is riskier?

By one-year price volatility, Matson (MATX) has been the steadiest (International Seaways (INSW) 40.0%, Frontline (FRO) 44.8%, Matson (MATX) 34.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, INSW, FRO and MATX?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, International Seaways (INSW) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.