TORM plc (LON:0RG4)
United Kingdom · Delayed Price · Currency is GBP · Price in DKK | Market Cap | 2.65B +55.9% |
| Revenue (ttm) | 1.44B +48.3% |
| Net Income | 562.36M +170.3% |
| EPS | 5.35 +162.8% |
| Shares Out | n/a |
| PE Ratio | 4.73 |
| Forward PE | 2.82 |
| Dividend | 3.86 (15.27%) |
| Ex-Dividend Date | Nov 16, 2026 |
| Volume | 9,976 |
| Open | 234.40 |
| Previous Close | 234.00 |
| Day's Range | 222.70 - 234.40 |
| 52-Week Range | 122.60 - 290.60 |
| Beta | -0.02 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Nov 4, 2026 |
About TORM plc
TORM plc, a shipping company, owns and operates a fleet of product tankers in the United Kingdom and internationally. It operates in two segments, Tanker and Marine Engineering. The Tanker segment transports refined oil products, such as gasoline, jet fuel, diesel, naphtha, and gas oil, as well as dirty petroleum products, such as residual fuels and crude oil. The Marine Engineering segment engages in developing and producing advanced and green marine equipment. TORM plc was founded in 1889 and is based in London, the United Kingdom. [Read more]
Financial Performance
In 2025, TORM plc's revenue was $1.34 billion, a decrease of -14.09% compared to the previous year's $1.56 billion. Earnings were $285.30 million, a decrease of -53.42%.
Financial numbers in USD Financial StatementsNews
TORM plc Reports Q3 2026 Financial Results, Declares USD 1.35 Dividend, and Raises 2026 Guidance
TORM plc reported its interim results for the third quarter and nine months ended September 30, 2026. In the third quarter of 2026, the company generated time charter equivalent earnings (TCE) of USD ...
Torm plc price target lowered to $44 from $45 at Evercore ISI
Evercore ISI lowered the firm’s price target on Torm plc (TRMD) to $44 from $45 and keeps an Outperform rating on the shares.
What Torm (TRMD) Said on Its Q3 Earnings Call
Torm NASDAQ: TRMD reported higher third-quarter earnings as strong product tanker markets lifted freight rates across its fleet, while the company expanded its newbuilding pipeline and raised the low ...
TORM plc Quarterly report: Q3 2026
TORM plc has published its Q3 2026 quarterly earnings report on November 4, 2026.
TORM plc Slides: Q3 2026
TORM plc has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on November 4, 2026.
TORM plc Earnings Call Transcript: Q3 2026
Q3 TCE earnings were $353 million and net profit was $199 million, both well above a year earlier. Strong Q4 coverage lifted FY TCE and EBITDA guidance floors by $50 million each, alongside continued fleet-renewal investment and a $1.35/share dividend.
TORM plc Quarterly report: Q3 2026
TORM plc has published its Q3 2026 quarterly earnings report on November 4, 2026.
TORM plc Slides: Q3 2026
TORM plc has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on November 4, 2026.
TORM plc Q3 2026 Results, Dividend Distribution, and Financial Outlook 2026
HELLERUP, Denmark, Nov. 4, 2026 /PRNewswire/ -- "Favorable market conditions, healthy transportation demand, and strong execution contributed to a strong third quarter," said Jacob Meldgaard, CEO of T...
TORM plc Updates on Shareholder Engagement After 20% Votes Against Resolutions at 2026 AGM
TORM plc has issued an update regarding its shareholder engagement activities following the Annual General Meeting held on 15 April 2026. At the meeting, the Directors' Remuneration Report, the Direct...
Torm plc price target raised to $45 from $38 at Evercore ISI
Evercore ISI raised the firm’s price target on Torm plc (TRMD) to $45 from $38 and keeps an Outperform rating on the shares.
Torm plc raises FY26 TCE view to $1.7B-$1.9B from $1.4B-$1.6B
Torm plc (TRMD) announces that, based on the company’s current coverage and expectations for continued market strength during the remainder of the fourth quarter of 2026, Torm has increased its…
TORM plc Upgrades Full-Year Guidance
HELLERUP, Denmark, Oct. 12, 2026 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) today announces that, based on the Company's current coverage and expectations for continued market strength d...
TORM plc Announces Change to the Board
HELLERUP, Denmark, Oct. 9, 2026 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) announces that, following Oaktree Capital Management and its affiliates no longer holding an ownership interest...
Major Shareholder Announcement
HELLERUP, Denmark, Oct. 8, 2026 /PRNewswire/ -- Pursuant to section 30 of the Danish Capital Markets Act, TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) hereby announces that: OCM Njord Holdings S.à r.l. ("...
TORM plc announces closing of secondary public offering of its class A common shares
HELLERUP, Denmark, Oct. 7, 2026 /PRNewswire/ -- TORM plc (the "Company" or "TORM") (Nasdaq: TRMD or TRMD A) today announces the closing of the previously announced secondary public offering of 6,329,8...
TORM plc capital increase in connection with exercise of Restricted Share Units as part of TORM's incentive program
HELLERUP, Denmark, Oct. 7, 2026 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) has increased its share capital by 61,105 Class A shares, corresponding to a nominal increase of USD 611.05, as...
Torm plc 6.33M share Spot Secondary priced at $40.05
The deal range was $40.05-$41.05. JPMorgan acted as sole book running manager for the offering.
Torm plc announces pricing of secondary offering of class A common shares
Torm plc (TRMD) announces the pricing of a secondary public offering of 6,329,874 of the company’s Class A common shares by OCM Njord Holdings, a company indirectly owned by funds…
TORM plc announces pricing of secondary public offering of its class A common shares
HELLERUP, Denmark, Oct. 6, 2026 /PRNewswire/ -- TORM plc (the "Company" or "TORM") (NASDAQ: TRMD) (NASDAQ: TRMD A) today announces the pricing of a secondary public offering of 6,329,874 (six million ...
Torm plc announces 6.33M share offering of Class A common stock for holders
Torm plc (TRMD) announces the commencement of a secondary public offering of 6,329,874 of the company’s Class A common shares by OCM Njord Holdings, a company indirectly owned by funds…
TORM plc announces secondary public offering of its class A common shares by a selling shareholder
HELLERUP, Denmark, Oct. 5, 2026 /PRNewswire/ -- TORM plc (the "Company" or "TORM") (NASDAQ: TRMD) or (NASDAQ: TRMD A) today announces the commencement of a secondary public offering of 6,329,874 of th...
Report on transactions in TORM plc securities by directors and executive officers and their closely associated persons
HELLERUP, Denmark, Sept. 28, 2026 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) has been notified of the following transaction in TORM plc securities: Details of the reporting person / clos...
Torm PLC - Major Shareholder Announcement
HELLERUP, Denmark, Sept. 28, 2026 /PRNewswire/ -- Pursuant to section 30 of the Danish Capital Markets Act, TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) hereby announces that: OCM Njord Holdings S.