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International Seaways vs Kirby: revenue, profit, margins and growth compared

International Seaways brought in $843.3M of revenue in fiscal 2025, Kirby $3.4B in fiscal 2025. Revenue changed by -11.4% at International Seaways and +3.0% at Kirby on the year before, so Kirby grew faster. International Seaways kept 36.7% of its revenue as net profit, Kirby 10.5%.

Side by side, latest fiscal year

INSWKEX
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$843.3M$3.4B
Revenue growth-11.4%+3.0%
Net income$309.3M$354.6M
Net margin36.7%10.5%
Free cash flown/a$405.7M
Free cash flow marginn/a12.1%
Earnings per share (diluted)$6.23$6.33
Cash$116.9M$78.8M
Debt$567.1M$919.3M
Price to earnings17.020.4
Market value$5.2B$6.8B
Dividend yield2.77%n/a
Rank by revenue in sector#487 of 778 · Consumer discretionary#271 of 778 · Consumer discretionary

Over the years

Revenue
INSW FY2018: $270.4MINSW FY2019: $366.2MINSW FY2020: $421.6MINSW FY2021: $272.5MINSW FY2022: $864.7MINSW FY2023: $1.1BINSW FY2024: $951.6MINSW FY2025: $843.3MKEX FY2018: $3BKEX FY2019: $2.8BKEX FY2020: $2.2BKEX FY2021: $2.2BKEX FY2022: $2.8BKEX FY2023: $3.1BKEX FY2024: $3.3BKEX FY2025: $3.4BFY18FY19FY20FY21FY22FY23FY24FY25
INSW $843.3MKEX $3.4B
Net income
INSW FY2018: -$88.9MINSW FY2019: -$830KINSW FY2020: -$5.5MINSW FY2021: -$133.5MINSW FY2022: $387.9MINSW FY2023: $556.4MINSW FY2024: $416.7MINSW FY2025: $309.3MKEX FY2018: $78.5MKEX FY2019: $142.3MKEX FY2020: -$272.5MKEX FY2021: -$247MKEX FY2022: $122.3MKEX FY2023: $222.9MKEX FY2024: $286.7MKEX FY2025: $354.6MFY18FY19FY20FY21FY22FY23FY24FY25
INSW $309.3MKEX $354.6M
Net margin
INSW FY2018: -32.9%INSW FY2019: -0.2%INSW FY2020: -1.3%INSW FY2021: -49.0%INSW FY2022: 44.9%INSW FY2023: 51.9%INSW FY2024: 43.8%INSW FY2025: 36.7%KEX FY2018: 2.6%KEX FY2019: 5.0%KEX FY2020: -12.6%KEX FY2021: -11.0%KEX FY2022: 4.4%KEX FY2023: 7.2%KEX FY2024: 8.8%KEX FY2025: 10.5%FY18FY19FY20FY21FY22FY23FY24FY25
INSW 36.7%KEX 10.5%
Revenue growth
INSW FY2019: +35.4%INSW FY2020: +15.1%INSW FY2021: -35.4%INSW FY2022: +217.3%INSW FY2023: +24.0%INSW FY2024: -11.2%INSW FY2025: -11.4%KEX FY2019: -4.5%KEX FY2020: -23.5%KEX FY2021: +3.5%KEX FY2022: +24.0%KEX FY2023: +11.0%KEX FY2024: +5.6%KEX FY2025: +3.0%FY19FY20FY21FY22FY23FY24FY25
INSW -11.4%KEX +3.0%
Free cash flow
INSW FY2018: -$161.4MKEX FY2018: $45.1MKEX FY2019: $263.6MKEX FY2020: $296.8MKEX FY2021: $223.6MKEX FY2022: $121.5MKEX FY2023: $138.5MKEX FY2024: $413.8MKEX FY2025: $405.7MFY18FY19FY20FY21FY22FY23FY24FY25
INSW -$161.4MKEX $405.7M

Fiscal years as each company reports them; the two may end in different months.

Questions about International Seaways and Kirby

Which is bigger by revenue, International Seaways or Kirby?

Kirby is bigger by revenue: $3.4B in fiscal 2025, against $843.3M for International Seaways in fiscal 2025.

Which keeps more of its revenue as profit, International Seaways or Kirby?

International Seaways had a net margin of 36.7% in fiscal 2025; Kirby had 10.5% in fiscal 2025.

Which grew revenue faster, International Seaways or Kirby?

In their latest fiscal years revenue changed by -11.4% at International Seaways and +3.0% at Kirby.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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