INSW (International Seaways) Gross Margin %: 63.89% (As of Mar. 2026) — 78% Above Median


INSW International Seaways Inc INSW
58 GF Score
Price $87.72
GF Value $49.58
Valuation Significantly Overvalued
! 5 Warning Signs
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What is International Seaways Gross Margin %?

International Seaways INSW -2.51% 58 Gross Margin % is 63.89% as of Mar. 2026, which is 78% above its 10-year median of 35.85. GuruFocus rates INSW with a GF Score™ of 58/100 and a GF Value™ of $49.58 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 867 Oil & Gas companies, International Seaways ranks better than 80.51% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. International Seaways's Gross Profit for the three months ended in Mar. 2026 was $207.9 Mil. International Seaways's Revenue for the three months ended in Mar. 2026 was $325.5 Mil. Therefore, International Seaways's Gross Margin % for the quarter that ended in Mar. 2026 was 63.89%.


The historical rank and industry rank for International Seaways's Gross Margin % or its related term are showing as below:

INSW' s Gross Margin % Range Over the Past 10 Years
Min: -13.87   Med: 35.85   Max: 58.55
Current: 50.96


During the past 13 years, the highest Gross Margin % of International Seaways was 58.55%. The lowest was -13.87%. And the median was 35.85%.

INSW's Gross Margin % is ranked better than
80.51% of 867 companies
in the Oil & Gas industry
Industry Median: 25.7 vs INSW: 50.96

International Seaways had a gross margin of 63.89% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for International Seaways was 0.00% per year.


International Seaways  (NYSE:INSW) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

International Seaways had a gross margin of 63.89% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


International Seaways Gross Margin % Related Terms


International Seaways Gross Margin % Historical Data

* Premium members only.

The historical data trend for International Seaways's Gross Margin % 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.

International Seaways Gross Margin % Chart

International Seaways Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.87 54.42 58.55 50.25 42.29

International Seaways Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % 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 34.06 36.00 39.90 54.27 63.89

INSW vs STNG, KNTK, SUNC: Gross Margin % Comparison

For the Oil & Gas Midstream subindustry, International Seaways's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, International Seaways's Gross Margin % distribution charts can be found below:

* The bar in red indicates where International Seaways's Gross Margin % falls into.


INSW
58GF Score
International Seaways Inc INSW
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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International Seaways Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

International Seaways's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=356.6 / 843.302
=(Revenue - Cost of Goods Sold) / Revenue
=(843.302 - 486.678) / 843.302
=42.29 %

International Seaways's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=207.9 / 325.476
=(Revenue - Cost of Goods Sold) / Revenue
=(325.476 - 117.533) / 325.476
=63.89 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 63.89% mean?
International Seaways (INSW) has a Gross Margin % of 63.89% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on International Seaways and its competitors. This is 78% above median its historical median of 35.85. According to the industry distribution chart, International Seaways ranks #169 out of 867 companies in the Oil & Gas industry, placing it in the top 19.5%.
Is International Seaways' Gross Margin % too high?
International Seaways' current Gross Margin % of 63.89% is 78% above median its 10-year median of 35.85. The Oil & Gas industry median Gross Margin % is 25.70. International Seaways' value of 63.89% is 148.6% above this industry median. Based on the distribution chart, International Seaways ranks #169 out of 867 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, International Seaways has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does International Seaways' Gross Margin % compare to STNG and KNTK?
According to the Oil & Gas industry distribution chart, International Seaways ranks #169 out of 867 companies for Gross Margin %. This places International Seaways in the top 20% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 25.70. International Seaways' value of 63.89% is 148.6% above this benchmark. While the company's 10-year median is 35.85 vs. the industry median of 25.70, International Seaways has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 25.70, based on 867 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. International Seaways's current Gross Margin % of 63.89% is 148.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on International Seaways and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International Seaways's current Gross Margin % is 63.89%, which is 78% above median its own 10-year median of 35.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Seaways stock overvalued right now?
Based on GuruFocus' analysis, International Seaways (INSW) is currently considered Significantly Overvalued. The stock's GF Value™ is $49.58, compared to a current price of $87.72 — trading 76.9% above its estimated fair value. The current Gross Margin % is 63.89%, which is 78% above median its 10-year median of 35.85 and 148.6% above the Oil & Gas industry median of 25.70. International Seaways' overall GF Score™ is 58/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For International Seaways (INSW), the current Gross Margin % is 63.89% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is International Seaways (INSW) Overvalued in 2026?

Based on GuruFocus' analysis, International Seaways stock appears to be overvalued. The current stock price of $87.72 is trading 76.9% above its estimated GF Value™ of $49.58. GuruFocus considers International Seaways to be Significantly Overvalued.

Key valuation signals for INSW:

  • Gross Margin %: 63.89% (78% above median its 10-year median of 35.85)
  • GF Value™: $49.58 vs. price of $87.72 (76.9% above fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 148.6% above the Oil & Gas median (#169 of 867)

No single metric tells the full story. See the INSW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


International Seaways Business Description

Industry EnergyOil & Gas
Other Exchanges IS5:Germany
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. Its fleet consists of ULCC, VLCC, Suezmax, Aframax, and Panamax crude tankers, as well as LR1, LR2, and MR product carriers.
58GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$87.72
Price
$49.58
GF Value