The Filing Desk

International Seaways vs Viper Energy

International Seaways INSW · Viper Energy VNOM · Oil & Gas Storage & Transportation

Viper Energy reported revenue of $1.4 billion in fiscal 2025, 1.7 times International Seaways' $843 million in fiscal 2025. International Seaways' revenue fell 11.4% in its latest year, and Viper Energy's grew 62.0%. International Seaways had an operating margin of 41.0%, against -10.0% at Viper Energy.

Side by side

International SeawaysViper Energy
Latest fiscal yearFY2025, Dec 31, 2025FY2025, Dec 31, 2025
Revenue$843M$1.4B
Revenue growth−11.4%62.0%
Revenue growth a year, last 5 years14.9%41.0%
Gross margin——
Operating margin41.0%−10.0%
Net margin36.7%−4.9%
Free cash flow$379M—
Free cash flow margin44.9%—
Return on capital—−1.3%
Net debt to EBITDA0.8x4.7x
Dividends and buybacks$145M$328M
Change in diluted share count−0.2%51.7%
Last close$113.75$47.16
P/E at the last close7.3×—
Insider trades, last 12 monthssold $45.1 millionsold $589.5 million
Piotroski F-score6 of 83 of 8
Amounts in each company's own currency, US$ 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 SeawaysViper Energy
Operating margin
Percent of revenue
International SeawaysViper Energy
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
International SeawaysViper Energy

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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 Viper Energy pages.