TORM plc (TRMD)
NASDAQ: TRMD · Real-Time Price · USD
29.41
+0.39 (1.34%)
At close: Jun 18, 2026, 4:00 PM EDT
29.40
-0.01 (-0.03%)
After-hours: Jun 18, 2026, 5:47 PM EDT
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 | Mar '26 Mar 31, 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 |
| 1,412 | 1,340 | 1,559 | 1,520 | 1,443 | 619.53 | |
Revenue Growth (YoY) | -2.21% | -14.09% | 2.55% | 5.33% | 132.98% | -17.10% |
Cost of Revenue | 679.3 | 674 | 663.6 | 646.3 | 661.6 | 431.41 |
Gross Profit | 733.1 | 665.5 | 895.6 | 874.1 | 781.8 | 188.12 |
Selling, General & Admin | 110.8 | 113.8 | 95.6 | 82.9 | 55 | 51.54 |
Depreciation & Amortization Expenses | 221 | 214.5 | 192 | 149.3 | 139 | 130.85 |
Other Operating Expenses | -14 | -19.1 | -50.8 | -56.7 | -13.7 | 4.34 |
Total Operating Expenses | 317.8 | 309.2 | 236.8 | 175.5 | 180.3 | 186.73 |
Operating Income | 415.3 | 356.3 | 658.8 | 698.6 | 601.5 | 1.4 |
Interest Income | 11.2 | 13.3 | 24.8 | 14.3 | 4 | 0.24 |
Interest Expense | -75.7 | -74.4 | -74.1 | -60.9 | -48.8 | -42.38 |
Total Non-Operating Income (Expense) | -64.5 | -61.1 | -49.3 | -46.6 | -44.8 | -42.14 |
Pretax Income | 350.8 | 295.2 | 609.5 | 652 | 556.7 | -40.75 |
Provision for Income Taxes | 5.3 | 9.2 | -2 | 4 | -5.9 | 1.34 |
Net Income | 345.5 | 286 | 611.5 | 648 | 562.6 | -42.09 |
Minority Interest in Earnings | 0.1 | 0.7 | -1 | -0.3 | -0.2 | - |
Net Income to Common | 345.4 | 285.3 | 612.5 | 648.3 | 562.8 | -42.09 |
Net Income Growth | -25.72% | -53.42% | -5.52% | 15.19% | - | - |
Shares Outstanding (Basic) | 99 | 98 | 94 | 84 | 81 | 78 |
Shares Outstanding (Diluted) | 101 | 100 | 96 | 87 | 83 | 78 |
Shares Change (YoY) | 2.64% | 3.95% | 11.07% | 4.71% | 5.61% | 5.52% |
EPS (Basic) | 3.48 | 2.91 | 6.54 | 7.75 | 6.92 | -0.54 |
EPS (Diluted) | 3.40 | 2.85 | 6.36 | 7.48 | 6.80 | -0.54 |
EPS Growth | -28.27% | -55.19% | -14.97% | 10.00% | - | - |
Free Cash Flow | 87.8 | 190.4 | 244.4 | 295.3 | 382.57 | -271.84 |
Free Cash Flow Growth | -53.89% | -22.10% | -17.24% | -22.81% | - | - |
Free Cash Flow Per Share | 0.87 | 1.90 | 2.54 | 3.41 | 4.62 | -3.47 |
Dividends Per Share | 2.420 | 2.120 | 5.100 | 5.780 | 4.630 | - |
Dividend Growth | 14.15% | -58.43% | -11.77% | 24.84% | - | - |
Gross Margin | 51.90% | 49.68% | 57.44% | 57.49% | 54.16% | 30.37% |
Operating Margin | 29.40% | 26.60% | 42.25% | 45.95% | 41.67% | 0.23% |
Profit Margin | 24.46% | 21.35% | 39.22% | 42.62% | 38.98% | -6.79% |
FCF Margin | 6.22% | 14.21% | 15.67% | 19.42% | 26.50% | -43.88% |
EBITDA | 636.2 | 570.8 | 850.8 | 847.9 | 740.52 | 132.25 |
EBITDA Margin | 45.04% | 42.61% | 54.57% | 55.77% | 51.30% | 21.35% |
EBIT | 415.3 | 356.3 | 658.8 | 698.6 | 601.5 | 1.4 |
EBIT Margin | 29.40% | 26.60% | 42.25% | 45.95% | 41.67% | 0.23% |
Effective Tax Rate | 1.51% | 3.12% | -0.33% | 0.61% | -1.06% | -3.30% |