TORM plc(TRMD)Earnings, Financials & Key Ratios
TRMD•NASDAQ
$32.91
$3.33B mkt cap·5.2× P/E·Price updated May 6, 2026
AboutTORM plc, a product tanker company, engages in the transportation of refined oil products and crude oil worldwide. The company transports gasoline, jet fuel, and naphtha. As of March 23, 2022, it operated a fleet of approximately 85 vessels. The company was founded in 1889 and is headquartered in London, the United Kingdom.Show more
- Revenue$1.56B+2.6%
- EBITDA$851M+0.3%
- Net Income$613M-5.5%
- EPS (Diluted)6.36-15.0%
- Gross Margin60.85%-1.7%
- EBITDA Margin54.57%-2.2%
- Operating Margin42.25%-8.0%
- Net Margin39.28%-7.9%
- ROE32.75%-19.9%
- ROIC18%-20.8%
- Debt/Equity0.59-7.1%
- Interest Coverage9.43-24.3%
TRMD Key Insights
TORM plc (TRMD) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Excellent 3Y average ROE of 39.2%
- ✓Strong 5Y profit CAGR of 29.8%
- ✓Momentum leader: RS Rating 86 (top 14%)
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 17.6%
- ✓Healthy 5Y average net margin of 25.2%
✗Weaknesses
- ✗Shares diluted 11.1% in last year
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
TRMD Price & Volume
TORM plc (TRMD) stock price & volume — 10-year historical chart
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TRMD Growth Metrics
TORM plc (TRMD) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years9.59%
5 Years17.62%
3 Years36.02%
TTM-21.25%
Profit CAGR
10 Years-
5 Years29.83%
3 Years-
TTM-61.47%
EPS CAGR
10 Years-
5 Years23.1%
3 Years-
TTM-64.44%
Return on Capital
10 Years10.36%
5 Years17.11%
3 Years25.93%
Last Year22.76%
TRMD Recent Earnings
TORM plc (TRMD) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 6/12 qtrs (50%)●Beat Revenue 12/12 qtrs (100%)
Q1 2026Latest
Feb 26, 2026EPS
$0.87
Est $0.83
+4.7%
Revenue
$251M
Est $236M
+6.3%
Q4 2025
Nov 6, 2025EPS
$0.77
Est $0.82
-5.6%
Revenue
$343M
Est $273M
+25.7%
Q3 2025
Aug 14, 2025EPS
$0.58
Est $0.57
+1.8%
Revenue
$315M
Est $208M
+51.8%
Q2 2025
May 8, 2025EPS
$0.62
Est $0.64
-3.1%
Revenue
$329M
Est $211M
+55.8%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 26, 2026 | $0.87vs $0.83+4.7% | $251Mvs $236M+6.3% |
| Q4 2025 | Nov 6, 2025 | $0.77vs $0.82-5.6% | $343Mvs $273M+25.7% |
| Q3 2025 | Aug 14, 2025 | $0.58vs $0.57+1.8% | $315Mvs $208M+51.8% |
| Q2 2025 | May 8, 2025 | $0.62vs $0.64-3.1% | $329Mvs $211M+55.8% |
Based on last 12 quarters of dataView full earnings history →
TRMD Peer Comparison
TORM plc (TRMD) competitors in Marine Tanker Shipping — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 STNG | 4.27B | 82.56 | 11.74 | -24.58% | 36.7% | 11.3% | 0.19 | |
 INSW | 4.24B | 85.77 | 13.77 | -11.38% | 36.67% | 16.02% | 0.29 | |
 TNK | 2.76B | 79.37 | 7.86 | -22.58% | 36.9% | 17.18% | 0.03 | |
 HAFN | 4.39B | 8.82 | 12.78 | -18.12% | 14.89% | 14.58% | 0.49 | |
 TEN | 1.3B | 43.17 | 8.58 | -9.61% | 14.13% | 6.19% | 1.00 | |
 ASC | 766.68M | 18.79 | 21.35 | -23.56% | 13.22% | 6.37% | 0.20 | |
 NVGS | 1.48B | 22.66 | 15.42 | 3.58% | 17.06% | 7.94% | 0.72 | |
 FRO | 8.39B | 37.70 | 16.91 | 13.77% | 12.34% | 9.37% | 1.60 |
Compare TRMD vs Peers
TORM plc (TRMD) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
TRMD Income Statement
TORM plc (TRMD) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 680.14M | 656.99M | 635.37M | 692.61M | 747.36M | 619.53M | 1.44B | 1.52B | 1.56B | 1.29B |
| Revenue Growth % | 25.86% | -3.4% | -3.29% | 9.01% | 7.9% | -17.1% | 132.98% | 5.33% | 2.55% | -21.25% |
| Cost of Goods Sold | 365.57M | 382.86M | 400M | 377.86M | 349.85M | 371.79M | 598.5M | 579.6M | 610.5M | 682.12M |
| COGS % of Revenue | 53.75% | 58.27% | 62.96% | 54.56% | 46.81% | 60.01% | 41.46% | 38.12% | 39.15% | - |
| Gross Profit | 314.57M▲ 0% | 274.13M▼ 12.9% | 235.36M▼ 14.1% | 314.75M▲ 33.7% | 397.51M▲ 26.3% | 247.74M▼ 37.7% | 844.9M▲ 241.0% | 940.8M▲ 11.4% | 948.7M▲ 0.8% | 610.68M▲ 0% |
| Gross Margin % | 46.25% | 41.73% | 37.04% | 45.44% | 53.19% | 39.99% | 58.54% | 61.88% | 60.85% | 47.24% |
| Gross Profit Growth % | 7.95% | -12.85% | -14.14% | 33.73% | 26.3% | -37.68% | 241.04% | 11.35% | 0.84% | - |
| Operating Expenses | 236.96M | 233.8M | 230.23M | 108.86M | 258.6M | 246.35M | 243.4M | 242.2M | 289.9M | 266.84M |
| OpEx % of Revenue | 34.84% | 35.59% | 36.24% | 15.72% | 34.6% | 39.76% | 16.86% | 15.93% | 18.59% | - |
| Selling, General & Admin | 41.41M | 45.01M | 47.83M | 47.72M | 50.77M | 51.54M | 55M | 82.9M | 95.6M | 100.34M |
| SG&A % of Revenue | 6.09% | 6.85% | 7.53% | 6.89% | 6.79% | 8.32% | 3.81% | 5.45% | 6.13% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 195.55M | 188.79M | 182.41M | 61.13M | 207.83M | 194.81M | 188.4M | 159.3M | 194.3M | 3M |
| Operating Income | -107.21M▲ 0% | 39.53M▲ 136.9% | 2.82M▼ 92.9% | 205.89M▲ 7195.9% | 138.91M▼ 32.5% | 1.4M▼ 99.0% | 601.5M▲ 42987.4% | 698.6M▲ 16.1% | 658.8M▼ 5.7% | 343.84M▲ 0% |
| Operating Margin % | -15.76% | 6.02% | 0.44% | 29.73% | 18.59% | 0.23% | 41.67% | 45.95% | 42.25% | 26.6% |
| Operating Income Growth % | -175% | 136.87% | -92.86% | 7195.92% | -32.53% | -99% | 42987.39% | 16.14% | -5.7% | - |
| EBITDA | 9.46M | 161.26M | 113.62M | 316.01M | 260.83M | 132.25M | 740.5M | 847.9M | 850.8M | 555.12M |
| EBITDA Margin % | 1.39% | 24.55% | 17.88% | 45.63% | 34.9% | 21.35% | 51.3% | 55.77% | 54.57% | 42.94% |
| EBITDA Growth % | -95.5% | 1605.26% | -29.54% | 178.14% | -17.46% | -49.3% | 459.94% | 14.5% | 0.34% | -41.13% |
| D&A (Non-Cash Add-back) | 116.67M | 121.73M | 110.79M | 110.12M | 121.92M | 130.85M | 139M | 149.3M | 192M | 211.28M |
| EBIT | -112.13M | 48.59M | 2.48M | 206.11M | 136.63M | 1.64M | 605.4M | 708.1M | 679.8M | 356.55M |
| Net Interest Income | -33.03M | -35.8M | -38.08M | -50.39M | -77.26M | -42.14M | -44.76M | -41.9M | -46.19M | -62.66M |
| Interest Income | 190.95K | 4.25M | 2.62M | 2.5M | 576.16K | 200K | 4M | 14.2M | 23.67M | 14.68M |
| Interest Expense | 33.22M | 40.6M | 40.69M | 52.89M | 77.84M | 42.4M | 48.7M | 56.1M | 69.86M | 77.34M |
| Other Income/Expense | -34.52M | -36.34M | -36.04M | -39.09M | -49.38M | -42.14M | -44.8M | -46.6M | -49.3M | -61.43M |
| Pretax Income | -141.73M▲ 0% | 3.18M▲ 102.2% | -33.22M▼ 1143.4% | 166.81M▲ 602.1% | 89.53M▼ 46.3% | -40.74M▼ 145.5% | 556.7M▲ 1466.3% | 652M▲ 17.1% | 609.5M▼ 6.5% | 282.42M▲ 0% |
| Pretax Margin % | -20.84% | 0.48% | -5.23% | 24.08% | 11.98% | -6.58% | 38.57% | 42.88% | 39.09% | 21.85% |
| Income Tax | 760K | 777K | 1.56M | 784K | 1.42M | 1.34M | -5.9M | 4M | -2M | 5.7M |
| Effective Tax Rate % | -0.54% | 24.4% | -4.69% | 0.47% | 1.58% | -3.3% | -1.06% | 0.61% | -0.33% | 2.02% |
| Net Income | -142.49M▲ 0% | 2.41M▲ 101.7% | -34.78M▼ 1544.9% | 166.02M▲ 577.4% | 88.11M▼ 46.9% | -42.09M▼ 147.8% | 562.8M▲ 1437.2% | 648.3M▲ 15.2% | 612.5M▼ 5.5% | 276.92M▲ 0% |
| Net Margin % | -20.95% | 0.37% | -5.47% | 23.97% | 11.79% | -6.79% | 38.99% | 42.64% | 39.28% | 21.42% |
| Net Income Growth % | -213.1% | 101.69% | -1544.91% | 577.36% | -46.93% | -147.77% | 1437.17% | 15.19% | -5.52% | -61.47% |
| Net Income (Continuing) | -142.49M | 2.41M | -34.78M | 166.02M | 88.11M | -42.09M | 562.6M | 648M | 611.5M | 276.72M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 2.3M | 1.9M | 800K | 0 |
| EPS (Diluted) | -2.27▲ 0% | 0.04▲ 101.8% | -0.48▼ 1300.0% | 2.25▲ 568.8% | 1.27▼ 43.6% | -0.54▼ 142.5% | 6.90▲ 1377.8% | 7.48▲ 8.4% | 6.36▼ 15.0% | 2.75▲ 0% |
| EPS Growth % | -194.58% | 101.76% | -1300% | 568.75% | -43.56% | -142.52% | 1377.78% | 8.41% | -14.97% | -64.44% |
| EPS (Basic) | -2.27 | 0.04 | -0.48 | 2.25 | 1.27 | -0.54 | 7.03 | 7.75 | 6.54 | - |
| Diluted Shares Outstanding | 62.9M | 62M | 73.1M | 74M | 74.3M | 78.1M | 82.8M | 86.7M | 96.3M | 100.8M |
| Basic Shares Outstanding | 62.77M | 62M | 72.46M | 74M | 74.3M | 78.1M | 81.3M | 83.6M | 93.6M | 98M |
| Dividend Payout Ratio | - | 51.52% | - | - | 80.14% | - | 29.62% | 92.27% | 86.21% | - |
TRMD Balance Sheet
TORM plc (TRMD) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 181.28M | 261.45M | 269.3M | 215.91M | 243.66M | 363.32M | 739.7M | 691.2M | 615.3M | 515.69M |
| Cash & Short-Term Investments | 75.97M | 134.21M | 127.36M | 56.9M | 89.5M | 144.8M | 320.5M | 265.5M | 271.9M | 218.85M |
| Cash Only | 75.97M | 134.21M | 127.36M | 56.9M | 89.5M | 144.8M | 320.5M | 265.5M | 271.9M | 218.85M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 70.67M | 83.07M | 86M | 94.1M | 64.1M | 88.3M | 263.3M | 219.7M | 209.1M | 208.29M |
| Days Sales Outstanding | 37.92 | 46.15 | 49.4 | 49.59 | 31.31 | 52.02 | 66.58 | 52.74 | 48.95 | 59.87 |
| Inventory | 31.62M | 33.2M | 39.4M | 34.84M | 22.46M | 48.81M | 72M | 61.7M | 68.4M | 64.75M |
| Days Inventory Outstanding | 31.57 | 31.66 | 35.96 | 33.65 | 23.43 | 47.92 | 43.91 | 38.86 | 40.89 | 36.78 |
| Other Current Assets | 0 | 6.55M | 6.2M | 26.61M | 65.42M | 75.78M | 73.5M | 129.1M | 53.7M | 11.95M |
| Total Non-Current Assets | 1.39B | 1.39B | 1.45B | 1.79B | 1.75B | 1.97B | 1.87B | 2.18B | 2.85B | 2.67B |
| Property, Plant & Equipment | 1.56B | 1.38B | 1.45B | 1.78B | 1.75B | 1.96B | 1.87B | 2.17B | 2.84B | 2.66B |
| Fixed Asset Turnover | 0.44x | 0.47x | 0.44x | 0.39x | 0.43x | 0.32x | 0.77x | 0.70x | 0.55x | 0.47x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 1.8M | 1.8M | 1.7M | 1.79M |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 1.9M | 1.8M | 2M | 2.39M |
| Long-Term Investments | 326K | 329K | 76K | 1.17M | 1.59M | 1.47M | 300K | 100K | 300K | 5.48M |
| Other Non-Current Assets | -173.48M | 0 | -78K | 4.6M | 4.63M | 4.66M | 4.6M | 4.5M | 4.5M | 13.5M |
| Total Assets | 1.57B▲ 0% | 1.65B▲ 4.8% | 1.71B▲ 4.1% | 2B▲ 16.9% | 2B▼ 0.3% | 2.33B▲ 16.6% | 2.61B▲ 12.1% | 2.87B▲ 9.8% | 3.47B▲ 20.9% | 3.19B▲ 0% |
| Asset Turnover | 0.43x | 0.40x | 0.37x | 0.35x | 0.37x | 0.27x | 0.55x | 0.53x | 0.45x | 0.38x |
| Asset Growth % | -15.86% | 4.79% | 4.12% | 16.89% | -0.26% | 16.63% | 12.15% | 9.79% | 20.89% | 11.59% |
| Total Current Liabilities | 151.8M | 156.13M | 167.12M | 194.94M | 196.71M | 307.19M | 206.4M | 265.4M | 285.4M | 218.05M |
| Accounts Payable | 28.5M | 26.15M | 35.12M | 47.12M | 14.35M | 35.33M | 48.5M | 43.1M | 50M | 35.96M |
| Days Payables Outstanding | 28.45 | 24.93 | 32.05 | 45.52 | 14.97 | 34.69 | 29.58 | 27.14 | 29.89 | 24.65 |
| Short-Term Debt | 75.65M | 91.72M | 94.42M | 99.03M | 102.86M | 208.95M | 117.1M | 172.7M | 165.3M | 121.43M |
| Deferred Revenue (Current) | 195K | 143K | 59K | 4K | 0 | 0 | 900K | 3.3M | 7.5M | 20.39M |
| Other Current Liabilities | 6.37M | 17.52M | 3.45M | 14.82M | 43.88M | 32.78M | 37.9M | 45.7M | 61.9M | 57.18M |
| Current Ratio | 1.19x | 1.67x | 1.61x | 1.11x | 1.24x | 1.18x | 3.58x | 2.60x | 2.16x | 2.16x |
| Quick Ratio | 0.99x | 1.46x | 1.38x | 0.93x | 1.12x | 1.02x | 3.23x | 2.37x | 1.92x | 1.92x |
| Cash Conversion Cycle | 41.04 | 52.87 | 53.31 | 37.73 | 39.77 | 65.26 | 80.91 | 64.46 | 59.95 | 72 |
| Total Non-Current Liabilities | 638.88M | 699.4M | 700.07M | 801.25M | 784.47M | 971.63M | 904.1M | 938.7M | 1.11B | 822.89M |
| Long-Term Debt | 593.91M | 629.2M | 633.03M | 756.35M | 739.54M | 926.45M | 849.8M | 886.9M | 1.06B | 764.02M |
| Capital Lease Obligations | 0 | 25.29M | 22.14M | 0 | 0 | 0 | 0 | 0 | 0 | 19.76M |
| Deferred Tax Liabilities | 44.97M | 44.91M | 44.91M | 44.9M | 0 | 0 | 6.1M | 3.6M | 300K | 999.22K |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 44.92M | 45.18M | 48.2M | 48.2M | 48.1M | 200.71M |
| Total Liabilities | 790.68M | 855.52M | 867.19M | 996.19M | 981.17M | 1.28B | 1.11B | 1.2B | 1.39B | 1.04B |
| Total Debt | 683.19M | 749.11M | 749.59M | 855.38M | 842.4M | 1.14B | 966.9M | 1.06B | 1.23B | 895.91M |
| Net Debt | 607.22M | 614.9M | 622.23M | 798.48M | 752.9M | 990.6M | 646.4M | 794.1M | 954.4M | 677.06M |
| Debt / Equity | 0.88x | 0.95x | 0.88x | 0.85x | 0.83x | 1.08x | 0.64x | 0.64x | 0.59x | 0.59x |
| Debt / EBITDA | 72.24x | 4.65x | 6.60x | 2.71x | 3.23x | 8.59x | 1.31x | 1.25x | 1.44x | 1.61x |
| Net Debt / EBITDA | 64.21x | 3.81x | 5.48x | 2.53x | 2.89x | 7.49x | 0.87x | 0.94x | 1.12x | 1.12x |
| Interest Coverage | -3.23x | 0.97x | 0.07x | 3.89x | 1.78x | 0.03x | 12.35x | 12.45x | 9.43x | 4.61x |
| Total Equity | 780.58M▲ 0% | 791.05M▲ 1.3% | 847.21M▲ 7.1% | 1.01B▲ 18.9% | 1.02B▲ 1.0% | 1.05B▲ 3.4% | 1.5B▲ 42.9% | 1.67B▲ 10.8% | 2.07B▲ 24.5% | 2.14B▲ 0% |
| Equity Growth % | -20.02% | 1.34% | 7.1% | 18.94% | 0.97% | 3.41% | 42.91% | 10.79% | 24.54% | 36.41% |
| Book Value per Share | 12.41 | 12.76 | 11.59 | 13.62 | 13.69 | 13.47 | 18.16 | 19.22 | 21.55 | 21.27 |
| Total Shareholders' Equity | 780.58M | 791.05M | 847.21M | 1.01B | 1.02B | 1.05B | 1.5B | 1.66B | 2.07B | 2.14B |
| Common Stock | 623K | 623K | 742K | 747K | 748K | 812K | 800K | 900K | 1M | 996.12K |
| Retained Earnings | 782.53M | 785.73M | 752.11M | 919.96M | 939.25M | 899.47M | 1.3B | 1.38B | 1.47B | 1.69B |
| Treasury Stock | -2.89M | -2.89M | -2.89M | -2.89M | -4.24M | -4.24M | -4.2M | -4.2M | -4.2M | 0 |
| Accumulated OCI | 310K | 7.59M | 158K | -11.42M | -20.34M | -3.42M | 39.4M | 25.2M | 334.7M | 366.47M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 2.3M | 1.9M | 800K | 0 |
TRMD Cash Flow Statement
TORM plc (TRMD) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 171.14M | 109.84M | 70.74M | 171.09M | 235.8M | 47.95M | 502M | 821.29M | 789.04M | 789.04M |
| Operating CF Margin % | 25.16% | 16.72% | 11.13% | 24.7% | 31.55% | 7.74% | 34.78% | 54.02% | 50.61% | - |
| Operating CF Growth % | -20.01% | -35.82% | -35.6% | 141.87% | 37.82% | -79.67% | 946.97% | 63.6% | -3.93% | -189.86% |
| Net Income | -107.21M | 2.41M | -34.78M | 166.02M | 88.11M | -42.09M | 562.8M | 661.34M | 584.53M | 276.92M |
| Depreciation & Amortization | 122.22M | 114.45M | 114.48M | 110.12M | 121.92M | 130.85M | 139M | 152.32M | 183.23M | 211.28M |
| Stock-Based Compensation | 2M | 1.9M | 2.1M | 1.9M | 1.7M | 2.3M | 2.9M | 0 | 0 | 0 |
| Deferred Taxes | 152.93M | 777K | 1.56M | 784K | 0 | 0 | 0 | 2.24M | 0 | 2.8M |
| Other Non-Cash Items | -7.11M | 3.31M | 38.08M | -119.6M | -5.34M | 24.77M | -17.1M | -43.4M | -24.34M | 7.16M |
| Working Capital Changes | 8.32M | -13M | -12.67M | 11.86M | 29.41M | -67.89M | -185.6M | 48.78M | 45.62M | -18.44M |
| Change in Receivables | 20.8M | -13.8M | -8.9M | -2.5M | 14.9M | -37.5M | -158.1M | 46.13M | 39.8M | 0 |
| Change in Inventory | -6.1M | -1.6M | -6.2M | 5.1M | 13.21M | -26.9M | -21.8M | 1.22M | -9.73M | 39.8M |
| Change in Payables | -5.4M | -4.5M | 11.7M | 22.8M | 0 | 0 | 0 | 3.26M | 7.54M | 0 |
| Cash from Investing | -119.41M | -113.73M | -175.59M | -322.82M | -119.8M | -290.59M | 11.3M | -350.77M | -432.22M | -84.59M |
| Capital Expenditures | -119.41M | -145.11M | -202.44M | -384.35M | -173.05M | -319.79M | -119.3M | -520.48M | -556.85M | -238.88M |
| CapEx % of Revenue | 17.56% | 22.09% | 31.86% | 55.49% | 23.16% | 51.62% | 8.27% | 34.23% | 35.71% | - |
| Acquisitions | 0 | 33.38M | 25.98M | -275K | 0 | 0 | 1.1M | 169.72M | 124.64M | 50.09M |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 31.38M | 26.85M | 61.8M | 53.25M | 29.19M | 129.5M | 0 | 0 | 104.2M |
| Cash from Financing | -144.02M | 62.12M | 95.99M | 84.49M | -83.33M | 297.98M | -337.6M | -499.26M | -361.02M | -571.36M |
| Debt Issued (Net) | -96.89M | 63.36M | 797K | 92.65M | -12.13M | 295.4M | -178.9M | 92.8M | 155.65M | -317.89M |
| Equity Issued (Net) | -1000K | 0 | 0 | 0 | -1000K | 0 | 0 | 1000K | 1000K | 441.06K |
| Dividends Paid | -25M | -1.24M | 0 | 0 | -70.61M | 0 | -166.7M | -598.21M | -528.03M | -250.19M |
| Share Repurchases | -22.13M | 0 | 0 | 0 | -1.35M | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | 594K | 95.2M | -8.16M | 756K | 2.58M | 8M | 0 | 0 | -3.72M |
| Net Change in Cash | -92.29M▲ 0% | 58.24M▲ 163.1% | -5.59M▼ 109.6% | -67.24M▼ 1103.5% | 32.67M▲ 148.6% | 55.33M▲ 69.4% | 175.66M▲ 217.5% | -28.46M▼ 116.2% | -5.07M▲ 82.2% | -170.61M▲ 0% |
| Free Cash Flow | 51.73M▲ 0% | -35.27M▼ 168.2% | -131.7M▼ 273.4% | -213.26M▼ 61.9% | 62.75M▲ 129.4% | -271.84M▼ 533.2% | 382.7M▲ 240.8% | 301.38M▼ 21.2% | 233.24M▼ 22.6% | 241.95M▲ 0% |
| FCF Margin % | 7.61% | -5.37% | -20.73% | -30.79% | 8.4% | -43.88% | 26.51% | 19.82% | 14.96% | 18.72% |
| FCF Growth % | 229.31% | -168.17% | -273.44% | -61.93% | 129.42% | -533.2% | 240.78% | -21.25% | -22.61% | -23.14% |
| FCF per Share | 0.82 | -0.57 | -1.80 | -2.88 | 0.84 | -3.48 | 4.62 | 3.48 | 2.42 | 2.42 |
| FCF Conversion (FCF/Net Income) | -1.20x | 45.64x | -2.03x | 1.03x | 2.68x | -1.14x | 0.89x | 1.27x | 1.29x | 0.87x |
| Interest Paid | 0 | 0 | 0 | 0 | 52.91M | 41.05M | 49.5M | 0 | 0 | 11.9M |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
TRMD Key Ratios
TORM plc (TRMD) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -16.22% | 0.31% | -4.25% | 17.9% | 8.7% | -4.07% | 44.04% | 40.91% | 32.75% | 12.91% |
| Return on Invested Capital (ROIC) | -5.41% | 2.12% | 0.15% | 9.43% | 5.83% | 0.05% | 21.52% | 22.73% | 18% | 18% |
| Gross Margin | 46.25% | 41.73% | 37.04% | 45.44% | 53.19% | 39.99% | 58.54% | 61.88% | 60.85% | 47.24% |
| Net Margin | -20.95% | 0.37% | -5.47% | 23.97% | 11.79% | -6.79% | 38.99% | 42.64% | 39.28% | 21.42% |
| Debt / Equity | 0.88x | 0.95x | 0.88x | 0.85x | 0.83x | 1.08x | 0.64x | 0.64x | 0.59x | 0.59x |
| Interest Coverage | -3.23x | 0.97x | 0.07x | 3.89x | 1.78x | 0.03x | 12.35x | 12.45x | 9.43x | 4.61x |
| FCF Conversion | -1.20x | 45.64x | -2.03x | 1.03x | 2.68x | -1.14x | 0.89x | 1.27x | 1.29x | 0.87x |
| Revenue Growth | 25.86% | -3.4% | -3.29% | 9.01% | 7.9% | -17.1% | 132.98% | 5.33% | 2.55% | -21.25% |
TRMD Frequently Asked Questions
TORM plc (TRMD) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
TORM plc (TRMD) reported $1.29B in revenue for fiscal year 2024. This represents a 380% increase from $269.6M in 2000.
TORM plc (TRMD) grew revenue by 2.6% over the past year. Growth has been modest.
Yes, TORM plc (TRMD) is profitable, generating $276.9M in net income for fiscal year 2024 (39.3% net margin).
Dividend & Returns
Yes, TORM plc (TRMD) pays a dividend with a yield of 16.66%. This makes it attractive for income-focused investors.
TORM plc (TRMD) has a return on equity (ROE) of 32.7%. This is excellent, indicating efficient use of shareholder capital.
TORM plc (TRMD) generated $242.0M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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TORM plc (TRMD) financial analysis — history, returns, DCA and operating performance tools
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