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INSW (International Seaways) Degree of Operating Leverage : 2.04 (As of Mar. 2025)


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What is International Seaways Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. International Seaways's Degree of Operating Leverage for the quarter that ended in Mar. 2025 was 2.04. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for International Seaways's Degree of Operating Leverage or its related term are showing as below:

INSW's Degree of Operating Leverage is ranked worse than
63.31% of 905 companies
in the Oil & Gas industry
Industry Median: 0.94 vs INSW: 2.04

International Seaways Degree of Operating Leverage Historical Data

The historical data trend for International Seaways's Degree of Operating Leverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

International Seaways Degree of Operating Leverage Chart

International Seaways Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.46 11.56 -2.60 1.67 2.29

International Seaways Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Degree of Operating Leverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -8.53 1.86 1.63 2.29 2.04

Competitive Comparison of International Seaways's Degree of Operating Leverage

For the Oil & Gas Midstream subindustry, International Seaways's Degree of Operating Leverage, along with its competitors' market caps and Degree of Operating Leverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


International Seaways's Degree of Operating Leverage Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, International Seaways's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where International Seaways's Degree of Operating Leverage falls into.


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International Seaways Degree of Operating Leverage Calculation

International Seaways's Degree of Operating Leverage for the quarter that ended in Mar. 2025 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( 367.155 (Mar. 2025) / 593.922 (Mar. 2024) - 1 )/( 860.606 (Mar. 2025) / 1059.046 (Mar. 2024) - 1 )
=-0.3818/-0.1874
=2.04***

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** TTM data of EBIT and Revenue was used to calculate Degree of Operating Leverage.
*** Please be aware that the Degree of Operating Leverage calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


International Seaways  (NYSE:INSW) Degree of Operating Leverage Explanation

Degree of Operating Leverage (DOL) is a leverage ratio that measures the sensitivity of a company’s operting income, also referred to as Earnings Before Interest and Taxes (EBIT), to fluctuations in its Revenue. DOL is a method used to quantify a company’s operating risk. This risk is related to the company's structure of variable costs and fixed costs. Since the fixed costs do not allow the company to adjust the operating costs, the operating risk rises with a higher fixed-to-variable costs proportion.

A high Degree of Operating Leverage indicates that the company’s fixed costs exceed its variable costs. By increasing the sales, the company can earn more profits. In addition, the company must be able to maintain relatively high sales to cover all fixed costs.

Be Aware

The use of operating leverage varies across different industries and business sectors, and the application of Degree of Operating Leverage (DOL) should be adjusted accordingly.


International Seaways Degree of Operating Leverage Related Terms

Thank you for viewing the detailed overview of International Seaways's Degree of Operating Leverage provided by GuruFocus.com. Please click on the following links to see related term pages.


International Seaways Business Description

Traded in Other Exchanges
Address
600 Third Avenue, 39th Floor, New York, NY, USA, 10016
International Seaways Inc owns and operates a fleet of oceangoing vessels engaged in the transportation of crude oil and petroleum products. The company's vessel operations are organized into two segments: Crude Tankers and Product Carriers. The fleet consists of ULCC, VLCC, Suezmax, Aframax, and Panamax crude tankers, as well as LR1, LR2, and MR product carriers.
Executives
Lois K Zabrocky director, officer: President 666 THIRD AVENUE, 5TH FLOOR, NEW YORK NY 10017
William F. Nugent officer: VP and Head of Shipping Ops. C/O INTERNATIONAL SEAWAYS, INC., 600 THIRD AVENUE, 39TH FLOOR, NEW YORK NY 10465
Derek G. Solon officer: VP and Chief Comm. Officer C/O INTERNATIONAL SEAWAYS, INC., 600 THIRD AVENUE, 39TH FLOOR, NEW YORK NY 10016
Alexandra Kate Blankenship director 33 BENEDICT PLACE, 2ND FLOOR, GREENWICH CT 06830
Jeffrey Pribor officer: Chief Financial Officer 35 WEST 56TH STREET, NEW YORK NY 10019
Small James D Iii officer: SVP & Secretary C/O OVERSEAS SHIPHOLDING GROUP, INC., 1301 AVENUE OF THE AMERICAS, 42ND FLOOR, NEW YORK NY 10019
Douglas D Wheat director C/O HAAS WHEAT & PARTNERS LP, 300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201
Joseph Isaac Kronsberg director 233 PACIFIC STREET, APT 4G, BROOKLYN NY 11201
Adewale Oshodi officer: Controller 1301 AVENUE OF THE AMERICAS, 42ND FLOOR, C/O OVERSEAS SHIPHOLDING GROUP, INC., NEW YORK NY 10019
Randee E Day director 217 DEBRA LANE, PALM BEACH FL 33480
Nadim Z Qureshi director 575 MARYVILLE CENTRE DRIVE, ST. LOUIS MO 63141
David I Greenberg director ALTRIA GROUP INC, 120 PARK AVE, NEW YORK NY 10017
Ian T Blackley director, officer: Senior Vice President & CFO 666 THIRD AVENUE, NEW YORK NY 10017
Stevenson Craig H Jr director C/O OMI CORP, ONE STATION PL, STAMFORD CT 06902
Famatown Finance Ltd 10 percent owner C/O SEATANKERS MANAGEMENT CO. LTD, P. O. BOX 53562, LIMASSOL G4 CY 3399