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International Seaways (FRA:IS5) Pretax Margin % : 52.66% (As of Mar. 2024)


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What is International Seaways Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. International Seaways's Pre-Tax Income for the three months ended in Mar. 2024 was €132.9 Mil. International Seaways's Revenue for the three months ended in Mar. 2024 was €252.4 Mil. Therefore, International Seaways's pretax margin for the quarter that ended in Mar. 2024 was 52.66%.

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

FRA:IS5' s Pretax Margin % Range Over the Past 10 Years
Min: -48.81   Med: -2.89   Max: 52.28
Current: 50.25


FRA:IS5's Pretax Margin % is ranked better than
92.94% of 978 companies
in the Oil & Gas industry
Industry Median: 5.85 vs FRA:IS5: 50.25

International Seaways Pretax Margin % Historical Data

The historical data trend for International Seaways's Pretax 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.

* Premium members only.

International Seaways Pretax Margin % Chart

International Seaways Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.23 -1.31 -48.81 44.87 52.28

International Seaways Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax 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 60.12 52.75 40.54 54.07 52.66

Competitive Comparison of International Seaways's Pretax Margin %

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

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

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



International Seaways Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

International Seaways's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=513.817/982.818
=52.28 %

International Seaways's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=132.931/252.449
=52.66 %

* 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  (FRA:IS5) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


International Seaways Pretax Margin % Related Terms

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International Seaways (FRA:IS5) 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 primarily 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.

International Seaways (FRA:IS5) Headlines

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