TORM plc (CPH:TRMD.A)
Denmark · Delayed Price · Currency is DKK 232.40
-12.20 (-4.99%)
Nov 6, 2026, 5:00 PM CET
TORM plc Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 746.6 | 285.3 | 612.5 | 648.3 | 562.8 | -42.09 |
Depreciation & Amortization | 237.5 | 214.5 | 192 | 149.3 | 139 | 130.85 |
Loss (Gain) From Sale of Assets | -21.2 | -19 | -51.3 | -50.4 | -10.2 | - |
Asset Writedown & Restructuring Costs | - | - | - | - | 2.6 | 4.65 |
Loss (Gain) From Sale of Investments | 1.3 | 1.3 | 1.7 | 2.2 | 2.4 | 1.4 |
Loss (Gain) on Equity Investments | - | - | - | - | -0.2 | 0.1 |
Stock-Based Compensation | 34.1 | 34.1 | 30.2 | 22.5 | 2.2 | 2.3 |
Other Operating Activities | -14.7 | 16.2 | -6.1 | -14.7 | -15.7 | -0.77 |
Change in Accounts Receivable | -33.2 | -33.2 | 41.7 | 45.2 | -158.1 | -37.5 |
Change in Inventory | -96.5 | -1.3 | -10.2 | 1.2 | -21.8 | -26.9 |
Change in Accounts Payable | 4.8 | 4.8 | 7.9 | 3.2 | 4.7 | 19.4 |
Change in Other Net Operating Assets | -3.8 | -3.8 | 8.4 | -1.8 | -5.7 | -3.49 |
Operating Cash Flow | 854.9 | 498.9 | 826.8 | 805 | 502 | 47.95 |
Operating Cash Flow Growth | 76.41% | -39.66% | 2.71% | 60.36% | 946.97% | -79.67% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -528 | -308.5 | -582.4 | -509.7 | -119.3 | -319.79 |
Sale of Property, Plant & Equipment | 90.8 | 143.8 | 130.6 | 166.4 | 106.6 | 10.03 |
Cash Acquisitions | - | - | - | - | 1.1 | - |
Sale (Purchase) of Intangibles | -3 | -1.8 | -1.1 | -0.6 | -0.6 | - |
Other Investing Activities | 7.9 | 13.9 | 10.8 | -26.7 | 23.5 | 19.16 |
Investing Cash Flow | -432.3 | -152.6 | -442.1 | -370.6 | 11.3 | -290.59 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 338 | 419.4 | 676.4 | 96.3 | 548.82 |
Long-Term Debt Repaid | - | -596.8 | -256.3 | -585.4 | -275.2 | -253.42 |
Net Debt Issued (Repaid) | 234.8 | -258.8 | 163.1 | 91 | -178.9 | 295.4 |
Issuance of Common Stock | 31.1 | 2.3 | 12.5 | 6.2 | 8 | 2.86 |
Common Dividends Paid | -451.5 | -199.7 | -553.3 | -586.4 | -166.7 | - |
Other Financing Activities | -0.1 | -3.9 | -0.6 | -0.2 | - | -0.29 |
Financing Cash Flow | -185.7 | -460.1 | -378.3 | -489.4 | -337.6 | 297.98 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | 236.9 | -113.8 | 6.4 | -55 | 175.7 | 55.33 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 326.9 | 190.4 | 244.4 | 295.3 | 382.7 | -271.84 |
Free Cash Flow Growth | 32.56% | -22.10% | -17.24% | -22.84% | - | - |
Free Cash Flow Margin | 17.05% | 14.21% | 15.68% | 19.42% | 26.51% | -43.88% |
Free Cash Flow Per Share | 3.17 | 1.90 | 2.54 | 3.41 | 4.62 | -3.47 |
Levered Free Cash Flow | 83.79 | 67.71 | 84.13 | 29.09 | 153.71 | -268.05 |
Unlevered Free Cash Flow | 124.29 | 111.21 | 128.19 | 64.03 | 183.4 | -242.73 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 70 | 70 | 66.9 | 66 | 49.5 | 41.05 |
Cash Income Tax Paid | 2.7 | 2.7 | 1.3 | 3.1 | 0.7 | 1.38 |
Change in Working Capital | -128.7 | -33.5 | 47.8 | 47.8 | -180.9 | -48.49 |