International Seaways vs Kinetik
Kinetik reported revenue of $1.8 billion in fiscal 2025, 2.1 times International Seaways' $843 million in fiscal 2025. International Seaways' revenue fell 11.4% in its latest year, and Kinetik's grew 19.0%. International Seaways had an operating margin of 41.0%, against 9.3% at Kinetik. Free cash flow was $379 million at International Seaways and $112 million at Kinetik.
Side by side
| International Seaways | Kinetik | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $843M | $1.8B |
| Revenue growth | −11.4% | 19.0% |
| Revenue growth a year, last 5 years | 14.9% | 64.1% |
| Gross margin | — | — |
| Operating margin | 41.0% | 9.3% |
| Net margin | 36.7% | 10.1% |
| Free cash flow | $379M | $112M |
| Free cash flow margin | 44.9% | 6.3% |
| Return on capital | — | 8.6% |
| Net debt to EBITDA | 0.8x | 6.7x |
| Dividends and buybacks | $145M | $370M |
| Change in diluted share count | −0.2% | 4.2% |
| Last close | $113.75 | $55.97 |
| P/E at the last close | 7.3× | 19.8× |
| Insider trades, last 12 months | sold $45.1 million | bought $276,560, sold $318.1 million |
| Piotroski F-score | 6 of 8 | 5 of 8 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
International SeawaysKinetik
Operating margin
Percent of revenue
International SeawaysKinetik
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
International SeawaysKinetik
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the International Seaways and Kinetik pages.