International Seaways INSW
NYSE INSW
$104.50 +2.22 (+2.17%)
At close: Sep 4, 2026 · 4:00 PM EDT

International Seaways (INSW) Rent Expense (2015 - 2020)

International Seaways' (INSW) quarterly Rent Expense came in at $10.2 million in Q1 2020, down 40.47% year-over-year from $17.2 million in Q2 2019, and down 20.77% quarter-over-quarter from $12.9 million in Q4 2019.

Analysis

International Seaways (INSW) Rent Expense (2015 - 2020) Analysis & Trends

International Seaways has disclosed Rent Expense across 6 years of filings, most recently posting $10.2 million for Q1 2020.

  • In Q1 2020, Rent Expense fell 40.47% year-over-year to $10.2 million; the TTM figure through Mar 2020 stood at $50.6 million (down 5.45% YoY), while the FY2019 annual figure was $57.5 million, up 28.06% from the prior year.
  • Rent Expense came in at $10.2 million for Q1 2020 at International Seaways, down from $12.9 million in the prior quarter.
  • In the past five years, Rent Expense ranged from a high of $17.2 million in Q1 2019 to a low of $8.2 million in Q1 2016.
  • Average Rent Expense over 5 years is $11.3 million, with a median of $10.7 million recorded in 2018.
  • Year-over-year, Rent Expense jumped 99.29% in 2019 and plunged 40.47% in 2020.
  • Over 5 years, Rent Expense stood at $11.0 million in 2016, then dropped by 14.87% to $9.4 million in 2017, then jumped by 58.47% to $14.8 million in 2018, then decreased by 12.9% to $12.9 million in 2019, then fell by 20.77% to $10.2 million in 2020.
  • Per Business Quant data, the three most recent Rent Expense figures were $10.2 million in Q1 2020, $12.9 million in Q4 2019, and $14.4 million in Q3 2019.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 Frontline 10.27 Bn 9.94 Bn - -
2 Kirby 7.43 Bn 7.39 Bn 290.80 Mn -
3 Matson 6.74 Bn 6.62 Bn - -
4 International Seaways 5.17 Bn 5.17 Bn 467.16 Mn -
5 Hafnia 4.59 Bn 4.31 Bn 372.91 Mn -
6 Cmb.Tech 4.47 Bn 4.31 Bn 970.62 Mn -
7 Scorpio Tankers 4.26 Bn 2.42 Bn 343.91 Mn -
8 Star Bulk Carriers 3.68 Bn 3.11 Bn 299.80 Mn -12.62 Mn
9 Torm 3.56 Bn -626.52 Mn 652.00 Mn -
10 ZIM Integrated Shipping Services 3.44 Bn 2.41 Bn 255.00 Mn -
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2020 10.23 Mn
Dec 31, 2019 12.91 Mn
Sep 30, 2019 14.38 Mn
Jun 30, 2019 13.03 Mn
Mar 31, 2019 17.19 Mn
Dec 31, 2018 14.83 Mn
Sep 30, 2018 10.74 Mn
Jun 30, 2018 10.72 Mn
Mar 31, 2018 8.62 Mn
Dec 31, 2017 9.36 Mn
Sep 30, 2017 9.96 Mn
Jun 30, 2017 11.04 Mn
Mar 31, 2017 11.35 Mn
Dec 31, 2016 10.99 Mn
Sep 30, 2016 9.61 Mn
Jun 30, 2016 8.59 Mn
Mar 31, 2016 8.22 Mn
Dec 31, 2015 10.37 Mn
Sep 30, 2015 8.85 Mn