Symbols / TRMD
TRMD Chart
About
TORM plc, a shipping company, owns and operates a fleet of product tankers in the United Kingdom. It operates in two segments, Tanker and Marine Engineering. The Tanker segment transports refined oil products, such as gasoline, jet fuel, kerosene, naphtha, and gas oil, as well as dirty petroleum products, including fuel 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.
Fundamentals
Scroll to Statements| Sector | Energy | Industry | Oil & Gas Midstream | Market Cap | 2.84B |
| Enterprise Value | 3.40B | Income | 276.20M | Sales | 1.29B |
| Book/sh | 21.97 | Cash/sh | 2.14 | Dividend Yield | 7.30% |
| Payout | 95.24% | Employees | 479 | IPO | — |
| P/E | 10.08 | Forward P/E | 8.24 | PEG | — |
| P/S | 2.20 | P/B | 1.25 | P/C | — |
| EV/EBITDA | 6.48 | EV/Sales | 2.63 | Quick Ratio | 1.85 |
| Current Ratio | 2.37 | Debt/Eq | 41.78 | LT Debt/Eq | — |
| EPS (ttm) | 2.73 | EPS next Y | 3.34 | EPS Growth | -43.00% |
| Revenue Growth | -7.90% | Earnings | 2026-02-26 | ROA | 5.99% |
| ROE | 13.19% | ROIC | — | Gross Margin | 48.60% |
| Oper. Margin | 28.52% | Profit Margin | 21.37% | Shs Outstand | 101.33M |
| Shs Float | 58.73M | Short Float | 1.00% | Short Ratio | 1.05 |
| Short Interest | — | 52W High | 28.09 | 52W Low | 13.60 |
| Beta | -0.12 | Avg Volume | 516.35K | Volume | 245.61K |
| Target Price | $27.00 | Recom | None | Prev Close | $27.67 |
| Price | $27.53 | Change | -0.51% |
Valuation Models
Price estimates from analyst targets and simple models.
Ratings
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2025-04-22 | main | Evercore ISI Group | Outperform → Outperform | $23 |
| 2024-11-14 | main | Jefferies | Buy → Buy | $32 |
| 2024-07-23 | main | Evercore ISI Group | Outperform → Outperform | $48 |
| 2024-03-08 | main | Evercore ISI Group | Outperform → Outperform | $44 |
| 2022-05-12 | main | HC Wainwright & Co. | — → Buy | $16 |
| 2022-04-12 | init | HC Wainwright & Co. | — → Buy | $14 |
- Torm (NASDAQ:TRMD) Reaches New 12-Month High - Time to Buy? - MarketBeat ue, 24 Feb 2026 16
- Should Value Investors Buy TORM (TRMD) Stock? - Yahoo Finance ue, 12 Aug 2025 07
- TORM plc's (CPH:TRMD A) biggest owners are individual investors who got richer after stock soared 6.4% last week - simplywall.st Sun, 01 Feb 2026 08
- TORM Set to Release FY Earnings on February 25 - Intellectia AI ue, 24 Feb 2026 16
- TORM: Fresh Dividend, Better Fundamentals, And Bullish Technicals - Seeking Alpha Sat, 06 Dec 2025 08
- TORM (TRMD) stock jumps as Oaktree drops below one-third — what changes next - TechStock² Wed, 07 Jan 2026 08
- Trading the Move, Not the Narrative: (TRMD) Edition - Stock Traders Daily Mon, 16 Feb 2026 17
- Options Flow: Will TRMD stock go up in YEAR - Portfolio Gains Summary & AI Powered Buy and Sell Recommendations - baoquankhu1.vn ue, 24 Feb 2026 07
- Journey Advisory Group LLC Invests $2.92 Million in Torm Plc $TRMD - MarketBeat Sat, 21 Feb 2026 13
- Is TORM plc's (CPH:TRMD A) Latest Stock Performance Being Led By Its Strong Fundamentals? - simplywall.st Mon, 16 Feb 2026 08
- TORM: Trading At A Discount And With A Merger In The Making (Rating Upgrade) - Seeking Alpha ue, 06 Jan 2026 08
- Is TORM (TRMD) Stock Undervalued Right Now? - Yahoo Finance ue, 08 Jul 2025 07
- TORM (CPSE:TRMD A): Taking Stock of Valuation After Recent Share Price Swings - Yahoo Finance Wed, 10 Sep 2025 07
- Allianz Asset Management GmbH Sells 46,592 Shares of Torm Plc $TRMD - MarketBeat Sat, 14 Feb 2026 08
- TORM: A High-Yield Tanker Play Even In A Cool Rate Environment (NASDAQ:TRMD) - Seeking Alpha ue, 21 Oct 2025 07
Insider Transactions
No recent insider transactions.
Financials
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | 12.65M | 500.00K | 1.35M | -882.55K |
| TaxRateForCalcs | 0.25 | 0.01 | 0.19 | 0.19 |
| NormalizedEBITDA | 821.20M | 807.40M | 737.30M | 137.13M |
| TotalUnusualItems | 50.60M | 50.00M | 7.10M | -4.64M |
| TotalUnusualItemsExcludingGoodwill | 50.60M | 50.00M | 7.10M | -4.64M |
| NetIncomeFromContinuingOperationNetMinorityInterest | 612.50M | 648.30M | 562.80M | -42.09M |
| ReconciledDepreciation | 192.00M | 149.30M | 139.00M | 130.85M |
| ReconciledCostOfRevenue | 610.50M | 579.60M | 598.50M | 371.79M |
| EBITDA | 871.80M | 857.40M | 744.40M | 132.49M |
| EBIT | 679.80M | 708.10M | 605.40M | 1.64M |
| NetInterestIncome | -48.60M | -46.20M | -44.30M | -42.14M |
| InterestExpense | 70.30M | 56.10M | 48.70M | 42.38M |
| InterestIncome | 24.50M | 14.20M | 4.00M | 241.00K |
| NormalizedIncome | 574.55M | 598.80M | 557.05M | -38.33M |
| NetIncomeFromContinuingAndDiscontinuedOperation | 612.50M | 648.30M | 562.80M | -42.09M |
| TotalExpenses | 951.70M | 872.20M | 849.70M | 613.39M |
| TotalOperatingIncomeAsReported | 658.80M | 698.60M | 601.50M | 1.40M |
| DilutedAverageShares | 96.30M | 86.70M | 82.80M | 78.10M |
| BasicAverageShares | 93.60M | 83.60M | 81.30M | 78.10M |
| DilutedEPS | 6.36 | 7.48 | 6.80 | -0.54 |
| BasicEPS | 6.54 | 7.75 | 6.92 | -0.54 |
| DilutedNIAvailtoComStockholders | 612.50M | 648.30M | 562.80M | -42.09M |
| NetIncomeCommonStockholders | 612.50M | 648.30M | 562.80M | -42.09M |
| NetIncome | 612.50M | 648.30M | 562.80M | -42.09M |
| MinorityInterests | 1.00M | 300.00K | 200.00K | 0.00 |
| NetIncomeIncludingNoncontrollingInterests | 611.50M | 648.00M | 562.60M | -42.09M |
| NetIncomeContinuousOperations | 611.50M | 648.00M | 562.60M | -42.09M |
| TaxProvision | -2.00M | 4.00M | -5.90M | 1.34M |
| PretaxIncome | 609.50M | 652.00M | 556.70M | -40.74M |
| OtherIncomeExpense | 50.60M | 50.00M | 7.30M | -4.75M |
| SpecialIncomeCharges | 51.30M | 50.40M | 7.60M | -4.64M |
| GainOnSaleOfPPE | 51.30M | 50.40M | 10.20M | 0.00 |
| ImpairmentOfCapitalAssets | 0.00 | 0.00 | 2.60M | 4.64M |
| EarningsFromEquityInterest | 0.00 | 0.00 | 200.00K | -104.00K |
| GainOnSaleOfSecurity | -700.00K | -400.00K | -500.00K | -500.00K |
| NetNonOperatingInterestIncomeExpense | -48.60M | -46.20M | -44.30M | -42.14M |
| TotalOtherFinanceCost | 2.80M | 4.30M | -400.00K | 1.60M |
| InterestExpenseNonOperating | 70.30M | 56.10M | 48.70M | 42.38M |
| InterestIncomeNonOperating | 24.50M | 14.20M | 4.00M | 241.00K |
| OperatingIncome | 607.50M | 648.20M | 593.70M | 6.14M |
| OperatingExpense | 341.20M | 292.60M | 251.20M | 241.60M |
| OtherOperatingExpenses | 245.60M | 209.70M | 196.20M | 190.06M |
| SellingGeneralAndAdministration | 95.60M | 82.90M | 55.00M | 51.54M |
| GeneralAndAdministrativeExpense | 95.60M | 82.90M | 55.00M | 51.54M |
| OtherGandA | 95.60M | 82.90M | 55.00M | 51.54M |
| GrossProfit | 948.70M | 940.80M | 844.90M | 247.74M |
| CostOfRevenue | 610.50M | 579.60M | 598.50M | 371.79M |
| TotalRevenue | 1.56B | 1.52B | 1.44B | 619.53M |
| OperatingRevenue | 1.56B | 1.52B | 1.44B | 619.53M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| TreasurySharesNumber | 493.37K | 493.37K | 493.40K | 493.37K |
| OrdinarySharesNumber | 97.32M | 85.73M | 81.82M | 80.74M |
| ShareIssued | 97.81M | 86.23M | 82.31M | 81.23M |
| NetDebt | 954.40M | 794.10M | 646.40M | 990.60M |
| TotalDebt | 1.23B | 1.06B | 966.90M | 1.14B |
| TangibleBookValue | 2.07B | 1.66B | 1.50B | 1.05B |
| InvestedCapital | 3.30B | 2.72B | 2.47B | 2.19B |
| WorkingCapital | 329.90M | 425.80M | 533.30M | 56.13M |
| NetTangibleAssets | 2.07B | 1.66B | 1.50B | 1.05B |
| CommonStockEquity | 2.07B | 1.66B | 1.50B | 1.05B |
| TotalCapitalization | 3.13B | 2.55B | 2.35B | 1.98B |
| TotalEquityGrossMinorityInterest | 2.07B | 1.67B | 1.50B | 1.05B |
| MinorityInterest | 800.00K | 1.90M | 2.30M | 0.00 |
| StockholdersEquity | 2.07B | 1.66B | 1.50B | 1.05B |
| GainsLossesNotAffectingRetainedEarnings | 334.70M | 25.20M | 39.40M | -3.42M |
| OtherEquityAdjustments | 335.50M | 25.60M | 39.90M | -3.56M |
| ForeignCurrencyTranslationAdjustments | -800.00K | -400.00K | -500.00K | 137.00K |
| TreasuryStock | 4.20M | 4.20M | 4.20M | 4.24M |
| RetainedEarnings | 1.47B | 1.38B | 1.30B | 899.47M |
| AdditionalPaidInCapital | 271.00M | 260.00M | 167.60M | 159.56M |
| CapitalStock | 1.00M | 900.00K | 800.00K | 812.00K |
| CommonStock | 1.00M | 900.00K | 800.00K | 812.00K |
| TotalLiabilitiesNetMinorityInterest | 1.39B | 1.20B | 1.11B | 1.28B |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 1.11B | 938.70M | 904.10M | 971.63M |
| OtherNonCurrentLiabilities | 2.90M | 3.00M | 3.00M | |
| TradeandOtherPayablesNonCurrent | 45.20M | 45.20M | 45.20M | 45.18M |
| NonCurrentDeferredLiabilities | 300.00K | 3.60M | 6.10M | 0.00 |
| NonCurrentDeferredTaxesLiabilities | 300.00K | 3.60M | 6.10M | 0.00 |
| LongTermDebtAndCapitalLeaseObligation | 1.06B | 886.90M | 849.80M | 926.45M |
| LongTermDebt | 1.06B | 886.90M | 849.80M | 926.45M |
| CurrentLiabilities | 285.40M | 265.40M | 206.40M | 307.19M |
| OtherCurrentLiabilities | 61.30M | 45.20M | 31.10M | 14.48M |
| CurrentDeferredLiabilities | 7.50M | 3.30M | 900.00K | 0.00 |
| CurrentDeferredRevenue | 7.50M | 3.30M | 900.00K | 0.00 |
| CurrentDebtAndCapitalLeaseObligation | 165.30M | 172.70M | 117.10M | 208.95M |
| CurrentDebt | 165.30M | 172.70M | 117.10M | 208.95M |
| OtherCurrentBorrowings | 208.95M | |||
| CurrentProvisions | 600.00K | 500.00K | 6.80M | 18.30M |
| PayablesAndAccruedExpenses | 50.70M | 43.70M | 50.50M | 65.46M |
| CurrentAccruedExpenses | 29.20M | |||
| InterestPayable | 2.30M | |||
| Payables | 50.70M | 43.70M | 50.50M | 36.26M |
| TotalTaxPayable | 700.00K | 600.00K | 2.00M | 929.00K |
| AccountsPayable | 50.00M | 43.10M | 48.50M | 35.33M |
| TotalAssets | 3.47B | 2.87B | 2.61B | 2.33B |
| TotalNonCurrentAssets | 2.85B | 2.18B | 1.87B | 1.97B |
| OtherNonCurrentAssets | -111.00K | 66.00K | 42.00K | |
| NonCurrentDeferredAssets | 3.10M | 400.00K | 600.00K | 651.00K |
| NonCurrentDeferredTaxesAssets | 3.10M | 400.00K | 600.00K | 651.00K |
| NonCurrentNoteReceivables | 4.50M | 4.50M | 4.60M | 4.62M |
| InvestmentsAndAdvances | 300.00K | 100.00K | 300.00K | 1.47M |
| OtherInvestments | 197.00K | 1.00K | ||
| InvestmentinFinancialAssets | 200.00K | 0.00 | 200.00K | 1.00K |
| AvailableForSaleSecurities | 200.00K | 1.00K | 200.00K | 1.00K |
| LongTermEquityInvestment | 100.00K | 100.00K | 100.00K | 1.47M |
| InvestmentsinJointVenturesatCost | 100.00K | 100.00K | 100.00K | 1.47M |
| GoodwillAndOtherIntangibleAssets | 3.70M | 3.60M | 3.70M | 0.00 |
| OtherIntangibleAssets | 2.00M | 1.80M | 1.90M | |
| Goodwill | 1.70M | 1.80M | 1.80M | 0.00 |
| NetPPE | 2.84B | 2.17B | 1.87B | 1.96B |
| AccumulatedDepreciation | -676.80M | -558.70M | -570.20M | -514.60M |
| GrossPPE | 3.52B | 2.73B | 2.44B | 2.48B |
| Leases | 14.60M | 12.00M | 10.90M | |
| ConstructionInProgress | 4.60M | 90.20M | 0.00 | 12.00M |
| OtherProperties | 5.90M | 11.20M | 10.50M | 9.30M |
| MachineryFurnitureEquipment | 3.50B | 2.62B | 2.42B | 2.44B |
| Properties | 8.10M | 5.50M | 3.80M | 0.00 |
| CurrentAssets | 615.30M | 691.20M | 739.70M | 363.32M |
| OtherCurrentAssets | -700.00K | 8.00K | -33.00K | |
| HedgingAssetsCurrent | 33.00M | 37.60M | 55.30M | 8.30M |
| AssetsHeldForSaleCurrent | 0.00 | 47.20M | 0.00 | 13.22M |
| RestrictedCash | 20.70M | 45.00M | 18.20M | 54.30M |
| PrepaidAssets | 12.20M | 15.20M | 10.40M | 5.62M |
| Inventory | 68.40M | 61.70M | 72.00M | 48.81M |
| OtherInventories | 72.03M | 48.81M | ||
| Receivables | 209.10M | 219.70M | 263.30M | 88.30M |
| OtherReceivables | 25.20M | 8.00M | 3.80M | 4.30M |
| AccountsReceivable | 183.90M | 211.70M | 259.50M | 84.00M |
| AllowanceForDoubtfulAccountsReceivable | -10.00M | -10.00M | -10.60M | -3.10M |
| GrossAccountsReceivable | 193.90M | 221.70M | 270.10M | 87.10M |
| CashCashEquivalentsAndShortTermInvestments | 271.90M | 265.50M | 320.50M | 144.80M |
| CashAndCashEquivalents | 271.90M | 265.50M | 320.50M | 144.80M |
| CashFinancial | 271.90M | 265.50M | 320.50M | 144.80M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| FreeCashFlow | 243.30M | 294.70M | 382.10M | -271.84M |
| RepurchaseOfCapitalStock | 0.00 | 0.00 | ||
| RepaymentOfDebt | -256.30M | -585.40M | -275.20M | -253.42M |
| IssuanceOfDebt | 419.40M | 676.40M | 96.30M | 548.82M |
| CapitalExpenditure | -583.50M | -510.30M | -119.90M | -319.79M |
| EndCashPosition | 291.20M | 295.60M | 323.80M | 171.73M |
| OtherCashAdjustmentOutsideChangeinCash | 19.30M | 30.10M | 3.30M | 26.89M |
| BeginningCashPosition | 265.50M | 320.50M | 144.80M | 89.51M |
| ChangesInCash | 6.40M | -55.00M | 175.70M | 55.33M |
| FinancingCashFlow | -378.30M | -489.40M | -337.60M | 297.98M |
| CashFlowFromContinuingFinancingActivities | -378.30M | -489.40M | -337.60M | 297.98M |
| NetOtherFinancingCharges | 11.90M | 6.00M | 8.00M | 2.58M |
| CashDividendsPaid | -553.30M | -586.40M | -166.70M | 0.00 |
| CommonStockDividendPaid | -553.30M | -586.40M | -166.70M | 0.00 |
| NetCommonStockIssuance | 0.00 | 0.00 | ||
| CommonStockPayments | 0.00 | 0.00 | ||
| NetIssuancePaymentsOfDebt | 163.10M | 91.00M | -178.90M | 295.40M |
| NetLongTermDebtIssuance | 163.10M | 91.00M | -178.90M | 295.40M |
| LongTermDebtPayments | -256.30M | -585.40M | -275.20M | -253.42M |
| LongTermDebtIssuance | 419.40M | 676.40M | 96.30M | 548.82M |
| InvestingCashFlow | -442.10M | -370.60M | 11.30M | -290.59M |
| CashFlowFromContinuingInvestingActivities | -442.10M | -370.60M | 11.20M | -290.59M |
| NetOtherInvestingChanges | 10.80M | -26.70M | 23.60M | 19.16M |
| NetBusinessPurchaseAndSale | 0.00 | 0.00 | 1.00M | 0.00 |
| SaleOfBusiness | 0.00 | 0.00 | 1.00M | 0.00 |
| PurchaseOfBusiness | 0.00 | |||
| NetIntangiblesPurchaseAndSale | -1.10M | -600.00K | -600.00K | 0.00 |
| PurchaseOfIntangibles | -1.10M | -600.00K | -600.00K | 0.00 |
| NetPPEPurchaseAndSale | -451.80M | -343.30M | -12.70M | -309.75M |
| SaleOfPPE | 130.60M | 166.40M | 106.60M | 10.03M |
| PurchaseOfPPE | -582.40M | -509.70M | -119.30M | -319.79M |
| OperatingCashFlow | 826.80M | 805.00M | 502.00M | 47.95M |
| CashFlowFromContinuingOperatingActivities | 826.80M | 805.00M | 502.00M | 48.00M |
| TaxesRefundPaid | -1.30M | -3.10M | -700.00K | -1.38M |
| InterestReceivedCFO | 24.80M | 14.30M | 4.00M | 241.00K |
| InterestPaidCFO | -66.90M | -66.00M | -49.50M | -41.05M |
| DividendReceivedCFO | 0.00 | 0.00 | 0.00 | 275.00K |
| ChangeInWorkingCapital | 47.80M | 47.80M | -180.90M | -48.49M |
| ChangeInOtherWorkingCapital | 17.00K | -15.00K | 11.00K | |
| ChangeInPayablesAndAccruedExpense | 7.90M | 3.20M | 4.70M | 19.40M |
| ChangeInPayable | 7.90M | 3.20M | 4.70M | 19.40M |
| ChangeInAccountPayable | 7.90M | 3.20M | 4.70M | 19.40M |
| ChangeInPrepaidAssets | 8.40M | -1.80M | -5.70M | -3.50M |
| ChangeInInventory | -10.20M | 1.20M | -21.80M | -26.90M |
| ChangeInReceivables | 41.70M | 45.20M | -158.10M | -37.50M |
| OtherNonCashItems | 49.20M | 46.50M | 45.00M | 42.09M |
| StockBasedCompensation | 30.20M | 22.50M | 2.20M | 2.30M |
| ProvisionandWriteOffofAssets | 0.00 | -6.50M | -6.30M | 0.00 |
| AssetImpairmentCharge | 0.00 | 0.00 | 2.60M | 4.64M |
| DeferredTax | -2.00M | 4.00M | -5.90M | 1.34M |
| DeferredIncomeTax | -2.00M | 4.00M | -5.90M | 1.34M |
| DepreciationAmortizationDepletion | 192.00M | 149.30M | 139.00M | 130.85M |
| DepreciationAndAmortization | 192.00M | 149.30M | 139.00M | 130.85M |
| Depreciation | 130.85M | |||
| OperatingGainsLosses | -58.50M | -51.80M | -10.10M | -796.00K |
| EarningsLossesFromEquityInvestments | 0.00 | 0.00 | -200.00K | 104.00K |
| GainLossOnInvestmentSecurities | -6.60M | -1.50M | 600.00K | -200.00K |
| NetForeignCurrencyExchangeGainLoss | -600.00K | 100.00K | -300.00K | -700.00K |
| GainLossOnSaleOfPPE | -51.30M | -50.40M | -10.20M | 0.00 |
| NetIncomeFromContinuingOperations | 611.50M | 648.00M | 562.60M | -42.09M |
SEC Filings
No SEC filings found for this symbol (may be non-US or ticker not in SEC index).
Public Trades for TRMD
| Date | User | Asset | Broker | Type | Position Size | Entry Price | Patterns |
|---|