International Seaways INSW
NYSE INSW
$110.26 +0.02 (+0.02%)
As of: Sep 30, 2026 · 3:59 PM EDT

International Seaways (INSW) Rent Expense (2015 - 2026)

Updated

International Seaways (INSW) recorded Rent Expense of $15.19 million in Q2 2026, up 57.7% from $9.63 million a year earlier and up 97.3% from the prior quarter.

Analysis

International Seaways (INSW) Rent Expense (2015 - 2026) Analysis & Trends

On a TTM basis, International Seaways' Rent Expense came in at $37.37 million as of Jun 30, 2026, up 6.7% year-over-year; for FY2025, it was $33.26 million, up 11.5% from FY2024.

  • Annual Rent Expense has a five-year compound annual growth rate of 2.0% (FY2020 to FY2025).
  • Across earlier years, Rent Expense came in at $29.84 million in FY2024 (-24.3%), $39.4 million in FY2023 (+22.6%), $32.13 million in FY2022 (+34.3%) and $23.93 million in FY2021 (-20.5%).
  • The Q2 2026 figure is the highest quarterly Rent Expense since Q1 2019.
  • On a year-over-year basis, Rent Expense rose in four of the last eight quarters, with growth averaging 8.1%.
  • Peak year-over-year performance for Rent Expense in the last five years was growth of 57.7% in Q2 2026, against a decline of 35.9% in Q3 2024 at the low end.
  • Per Business Quant, the preceding three quarters came in at $7.7 million (Q1 2026), $7.36 million (Q4 2025) and $7.13 million (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 Union Pacific 162.83 Bn 157.35 Bn - 214.00 Mn
2 Csx 86.94 Bn 83.15 Bn - 97.00 Mn
3 Canadian Pacific Kansas City 76.07 Bn 75.78 Bn - -
4 United Parcel Service 70.39 Bn 47.31 Bn - -
5 Norfolk Southern 70.35 Bn 64.99 Bn - -
6 Fedex 68.01 Bn 33.95 Bn - 1.25 Bn
7 Delta Air Lines 55.83 Bn 38.01 Bn - -
8 Old Dominion Freight Line 36.82 Bn 36.08 Bn - -
9 Ryanair Holdings 28.96 Bn 12.97 Bn 3.13 Bn -
10 International Seaways 5.46 Bn 5.46 Bn - 15.19 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 15.19 Mn
Mar 31, 2026 7.70 Mn
Dec 31, 2025 7.36 Mn
Sep 30, 2025 7.13 Mn
Jun 30, 2025 9.63 Mn
Mar 31, 2025 9.15 Mn
Dec 31, 2024 9.00 Mn
Sep 30, 2024 7.25 Mn
Jun 30, 2024 6.95 Mn
Mar 31, 2024 6.65 Mn
Dec 31, 2023 8.81 Mn
Sep 30, 2023 11.30 Mn
Jun 30, 2023 10.50 Mn
Mar 31, 2023 8.80 Mn
Dec 31, 2022 9.33 Mn
Sep 30, 2022 7.80 Mn
Jun 30, 2022 7.69 Mn
Mar 31, 2022 7.31 Mn
Dec 31, 2021 6.65 Mn
Sep 30, 2021 5.68 Mn
API Access

International Seaways Rent Expense API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=rent-expense&ticker=INSW&period=max&api_key=YOUR_API_KEY