TORM plc (CPH:TRMD.A)
Denmark · Delayed Price · Currency is DKK 196.00
-7.00 (-3.45%)
Aug 26, 2026, 4:59 PM CET
TORM plc Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 |
| 1,760 | 1,340 | 1,559 | 1,520 | 1,443 | 619.53 | |
Revenue Growth | 33.15% | -14.09% | 2.55% | 5.33% | 132.98% | -17.10% |
Cost of Revenue | 732.8 | 674 | 663.6 | 646.3 | 661.6 | 431.41 |
Gross Profit | 1,027 | 665.5 | 895.6 | 874.1 | 781.8 | 188.12 |
Selling, General & Admin | 110.5 | 113.8 | 95.6 | 82.9 | 55 | 51.54 |
Other Operating Expenses | -0.1 | -0.1 | 0.5 | -6.3 | -5.9 | -0.41 |
Operating Expenses | 339.6 | 328.2 | 288.1 | 225.9 | 188.1 | 181.98 |
Operating Income | 687.6 | 337.3 | 607.5 | 648.2 | 593.7 | 6.15 |
Interest Expense | -71.1 | -69.6 | -70.5 | -55.9 | -47.5 | -40.5 |
Interest & Investment Income | 11.1 | 11.1 | 24.5 | 14.2 | 4 | 0.2 |
Earnings From Equity Investments | - | - | - | - | 0.2 | -0.1 |
Currency Exchange Gain (Loss) | 0.3 | 0.3 | -0.7 | -0.4 | -0.5 | -0.5 |
Other Non Operating Income (Expenses) | -6.5 | -2.9 | -2.6 | -4.5 | -0.8 | -1.34 |
EBT Excluding Unusual Items | 621.4 | 276.2 | 558.2 | 601.6 | 549.1 | -36.1 |
Gain (Loss) on Sale of Assets | 8.1 | 19 | 51.3 | 50.4 | 10.2 | - |
Asset Writedown | - | - | - | - | -2.6 | -4.65 |
Pretax Income | 629.5 | 295.2 | 609.5 | 652 | 556.7 | -40.75 |
Income Tax Expense | 4.4 | 9.2 | -2 | 4 | -5.9 | 1.34 |
Earnings From Continuing Operations | 625.1 | 286 | 611.5 | 648 | 562.6 | -42.09 |
Minority Interest in Earnings | - | -0.7 | 1 | 0.3 | 0.2 | - |
Net Income | 625.1 | 285.3 | 612.5 | 648.3 | 562.8 | -42.09 |
Net Income to Common | 625.1 | 285.3 | 612.5 | 648.3 | 562.8 | -42.09 |
Net Income Growth | 89.94% | -53.42% | -5.52% | 15.19% | - | - |
Shares Outstanding (Basic) | 100 | 98 | 94 | 84 | 81 | 78 |
Shares Outstanding (Diluted) | 102 | 100 | 96 | 87 | 83 | 78 |
Shares Change | 2.31% | 3.95% | 11.07% | 4.71% | 5.61% | 5.52% |
EPS (Basic) | 6.23 | 2.91 | 6.54 | 7.75 | 6.92 | -0.54 |
EPS (Diluted) | 6.14 | 2.85 | 6.36 | 7.48 | 6.80 | -0.54 |
EPS Growth | 85.76% | -55.19% | -14.97% | 10.00% | - | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 | 200.2 | 190.4 | 244.4 | 295.3 | 382.7 | -271.84 |
Free Cash Flow Per Share | 1.97 | 1.90 | 2.54 | 3.41 | 4.62 | -3.47 |
Dividend Per Share | 2.120 | 2.120 | 5.100 | 5.780 | 4.630 | - |
Dividend Growth | 17.78% | -58.43% | -11.77% | 24.84% | 444.71% | - |
Gross Margin | 58.36% | 49.68% | 57.44% | 57.49% | 54.16% | 30.37% |
Operating Margin | 39.07% | 25.18% | 38.96% | 42.63% | 41.13% | 0.99% |
Profit Margin | 35.52% | 21.30% | 39.28% | 42.64% | 38.99% | -6.79% |
Free Cash Flow Margin | 11.38% | 14.21% | 15.68% | 19.42% | 26.51% | -43.88% |
EBITDA | 913.8 | 548.8 | 796.7 | 794.6 | 730.2 | 134.5 |
EBITDA Margin | 51.92% | 40.97% | 51.10% | 52.26% | 50.59% | 21.71% |
D&A For EBITDA | 226.2 | 211.5 | 189.2 | 146.4 | 136.5 | 128.35 |
EBIT | 687.6 | 337.3 | 607.5 | 648.2 | 593.7 | 6.15 |
EBIT Margin | 39.07% | 25.18% | 38.96% | 42.63% | 41.13% | 0.99% |
Effective Tax Rate | 0.70% | 3.12% | - | 0.61% | - | - |