TORM plc (TRMD) Earnings History
Annual and quarterly earnings data from 2000 to 2024
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TRMD EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
TRMD Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2024 | 60.8% | 42.3% | 39.3% |
| 2023 | 61.9% | 45.9% | 42.6% |
| 2022 | 58.5% | 41.7% | 39.0% |
| 2021 | 40.0% | 0.2% | -6.8% |
| 2020 | 53.2% | 18.6% | 11.8% |
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TORM plc (TRMD) Earnings Overview
As of May 8, 2026, TORM plc (TRMD) reported trailing twelve-month net income of $277M, reflecting -15.0% year-over-year growth. The company earned $2.75 per diluted share over the past four quarters, with a net profit margin of 39.3%.
Looking at the long-term picture, TRMD's 5-year EPS compound annual growth rate (CAGR) stands at +23.1%, indicating exceptional earnings growth. The company achieved its highest annual net income of $792M in fiscal 2007.
TORM plc maintains industry-leading profitability with a gross margin of 60.8%, operating margin of 42.3%, and net margin of 39.3%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including STNG ($502M net income, 36.7% margin), INSW ($546M net income, 36.7% margin), TNK ($351M net income, 36.9% margin), TRMD has outperformed on profitability metrics. Compare TRMD vs STNG →
TRMD Earnings vs Peers
Earnings metrics vs comparable public companies
TRMD Historical Earnings Data (2000–2024)
25 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $613M | -5.5% | $659M | $6.36 | 39.3% | 42.3% |
| 2023 | $648M | +15.2% | $699M | $7.48 | 42.6% | 45.9% |
| 2022 | $563M | +1437.2% | $602M | $6.90 | 39.0% | 41.7% |
| 2021 | -$42M | -147.8% | $1M | $-0.54 | -6.8% | 0.2% |
| 2020 | $88M | -46.9% | $139M | $1.27 | 11.8% | 18.6% |
| 2019 | $166M | +577.4% | $206M | $2.25 | 24.0% | 29.7% |
| 2018 | -$35M | -1544.9% | $3M | $-0.48 | -5.5% | 0.4% |
| 2017 | $2M | +101.7% | $40M | $0.04 | 0.4% | 6.0% |
| 2016 | -$142M | -213.1% | -$107M | $-2.27 | -21.0% | -15.8% |
| 2015 | $126M | +144.3% | $143M | $2.40 | 23.3% | 26.5% |
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Start ComparisonTRMD — Frequently Asked Questions
Quick answers to the most common questions about buying TRMD stock.
Is TRMD growing earnings?
TRMD EPS fell to $2.75, with earnings declining -15.0%. This contrasts with the 5-year CAGR of +23.1%. TTM net income dropped to $277M.
What are TRMD's profit margins?
TORM plc net margin is +39.3%, with operating margin at +42.3%. Above-average margins indicate pricing power.
How consistent are TRMD's earnings?
TRMD earnings data spans 2000-2024. The declining earnings trend is -15.0% YoY. Historical data enables comparison across business cycles.