International Seaways (INSW) Gross Margin (2023 - 2025)
International Seaways (INSW) reported Gross Margin of 99.33% for Q4 2025, down 62.0% year-over-year from 261.39% in Q4 2024, and little changed sequentially from 99.23% in Q3 2025.
International Seaways (INSW) Gross Margin (2023 - 2025) Analysis & Trends
International Seaways' Gross Margin history runs 3 years deep, the most recent figure standing at 99.33% for Q4 2025.
- Quarterly Gross Margin fell 62.0% year-over-year to 99.33% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 99.58% (down 12.0% YoY) and the FY2025 annual result came in at 99.58%, down 12.0% from the prior year.
- Gross Margin was 99.33% for Q4 2025 at International Seaways, roughly flat from 99.23% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 100.0% in Q3 2023 to a low of 99.23% in Q3 2025.
- Median Gross Margin over the past 3 years was 99.9% (2024), compared with a mean of 99.7%.
- On a YoY basis, Gross Margin climbed as much as 50 bps in 2025 and fell as far as 62 bps in 2025.
- Over 3 years, Gross Margin stood at 100.0% in 2023, then fell by 0 bps to 99.95% in 2024, then slipped by 1 bps to 99.33% in 2025.
- Business Quant data shows INSW's Gross Margin at 99.33% in Q4 2025, 99.23% in Q3 2025, and 99.94% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 41.12% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 63.77% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | - |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 23.85% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 41.52% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 83.61% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 26.67% |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 23.28% |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 94.13% |
| 10 | International Seaways | 3.78 Bn | 3.61 Bn | 266.08 Mn | 99.33% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 99.33% |
| Sep 30, 2025 | 99.23% |
| Jun 30, 2025 | 99.94% |
| Mar 31, 2025 | 99.95% |
| Dec 31, 2024 | 99.95% |
| Sep 30, 2024 | 99.56% |
| Jun 30, 2024 | 99.44% |
| Mar 31, 2024 | 99.90% |
| Sep 30, 2023 | 100.00% |