International Seaways (INSW) Tax Rate (2015 - 2026)
International Seaways' (INSW) quarterly Tax Rate came in at 0.0% in Q2 2026, up 99.9% quarter-over-quarter from 0.32% in Q4 2025.
Analysis
International Seaways (INSW) Tax Rate (2015 - 2026) Analysis & Trends
International Seaways has disclosed Tax Rate across 12 years of filings, most recently posting 0.0% for Q2 2026.
- In Q2 2026, Tax Rate changed N/A year-over-year to 0.0%; the TTM figure through Jun 2026 stood at 0.19% (up 27.0% YoY), while the FY2025 annual figure was 0.13%, up 13.0% from the prior year.
- Tax Rate came in at 0.0% for Q2 2026 at International Seaways, up from 0.32% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 2.54% in Q4 2023 to a low of 3.12% in Q4 2024.
- Average Tax Rate over 5 years is 0.04%, with a median of 0.0% recorded in 2022.
- Year-over-year, Tax Rate surged 480 bps in 2022 and slumped 566 bps in 2024.
- Over 5 years, Tax Rate stood at 0.02% in 2022, then soared by 16233 bps to 2.54% in 2023, then sank by 223 bps to 3.12% in 2024, then surged by 90 bps to 0.32% in 2025, then surged by 100 bps to 0.0% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 0.0% in Q2 2026, 0.32% in Q4 2025, and 3.12% in Q4 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | -0.08% |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 24.16% |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 21.05% |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 0.00% |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | -0.51% |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | -0.27% |
| 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 | - |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | -0.24% |
| 10 | ZIM Integrated Shipping Services | 3.44 Bn | 2.41 Bn | 255.00 Mn | 5.60% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.00% |
| Dec 31, 2025 | -0.32% |
| Dec 31, 2024 | -3.12% |
| Sep 30, 2024 | 0.00% |
| Dec 31, 2023 | 2.54% |
| Sep 30, 2023 | 0.05% |
| Jun 30, 2023 | 0.25% |
| Mar 31, 2023 | 0.00% |
| Dec 31, 2022 | 0.02% |
| Sep 30, 2022 | 0.01% |
| Jun 30, 2022 | 0.08% |
| Mar 31, 2022 | -0.03% |
| Dec 31, 2021 | -4.79% |
| Sep 30, 2021 | -0.05% |
| Jun 30, 2021 | -0.01% |
| Dec 31, 2020 | -14.03% |
| Jun 30, 2020 | 0.00% |
| Dec 31, 2019 | 0.01% |
| Dec 31, 2018 | -1.70% |
| Sep 30, 2018 | -0.01% |