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.

1. Analyst consensus
$27.00
Mean price target
2. Current target
$27.53
Latest analyst target
3. DCF / Fair value
$19.69
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$27.53
Low
$26.00
High
$28.00
Mean
$27.00

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
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems12.65M500.00K1.35M-882.55K
TaxRateForCalcs0.250.010.190.19
NormalizedEBITDA821.20M807.40M737.30M137.13M
TotalUnusualItems50.60M50.00M7.10M-4.64M
TotalUnusualItemsExcludingGoodwill50.60M50.00M7.10M-4.64M
NetIncomeFromContinuingOperationNetMinorityInterest612.50M648.30M562.80M-42.09M
ReconciledDepreciation192.00M149.30M139.00M130.85M
ReconciledCostOfRevenue610.50M579.60M598.50M371.79M
EBITDA871.80M857.40M744.40M132.49M
EBIT679.80M708.10M605.40M1.64M
NetInterestIncome-48.60M-46.20M-44.30M-42.14M
InterestExpense70.30M56.10M48.70M42.38M
InterestIncome24.50M14.20M4.00M241.00K
NormalizedIncome574.55M598.80M557.05M-38.33M
NetIncomeFromContinuingAndDiscontinuedOperation612.50M648.30M562.80M-42.09M
TotalExpenses951.70M872.20M849.70M613.39M
TotalOperatingIncomeAsReported658.80M698.60M601.50M1.40M
DilutedAverageShares96.30M86.70M82.80M78.10M
BasicAverageShares93.60M83.60M81.30M78.10M
DilutedEPS6.367.486.80-0.54
BasicEPS6.547.756.92-0.54
DilutedNIAvailtoComStockholders612.50M648.30M562.80M-42.09M
NetIncomeCommonStockholders612.50M648.30M562.80M-42.09M
NetIncome612.50M648.30M562.80M-42.09M
MinorityInterests1.00M300.00K200.00K0.00
NetIncomeIncludingNoncontrollingInterests611.50M648.00M562.60M-42.09M
NetIncomeContinuousOperations611.50M648.00M562.60M-42.09M
TaxProvision-2.00M4.00M-5.90M1.34M
PretaxIncome609.50M652.00M556.70M-40.74M
OtherIncomeExpense50.60M50.00M7.30M-4.75M
SpecialIncomeCharges51.30M50.40M7.60M-4.64M
GainOnSaleOfPPE51.30M50.40M10.20M0.00
ImpairmentOfCapitalAssets0.000.002.60M4.64M
EarningsFromEquityInterest0.000.00200.00K-104.00K
GainOnSaleOfSecurity-700.00K-400.00K-500.00K-500.00K
NetNonOperatingInterestIncomeExpense-48.60M-46.20M-44.30M-42.14M
TotalOtherFinanceCost2.80M4.30M-400.00K1.60M
InterestExpenseNonOperating70.30M56.10M48.70M42.38M
InterestIncomeNonOperating24.50M14.20M4.00M241.00K
OperatingIncome607.50M648.20M593.70M6.14M
OperatingExpense341.20M292.60M251.20M241.60M
OtherOperatingExpenses245.60M209.70M196.20M190.06M
SellingGeneralAndAdministration95.60M82.90M55.00M51.54M
GeneralAndAdministrativeExpense95.60M82.90M55.00M51.54M
OtherGandA95.60M82.90M55.00M51.54M
GrossProfit948.70M940.80M844.90M247.74M
CostOfRevenue610.50M579.60M598.50M371.79M
TotalRevenue1.56B1.52B1.44B619.53M
OperatingRevenue1.56B1.52B1.44B619.53M
Line Item2024-12-312023-12-312022-12-312021-12-31
TreasurySharesNumber493.37K493.37K493.40K493.37K
OrdinarySharesNumber97.32M85.73M81.82M80.74M
ShareIssued97.81M86.23M82.31M81.23M
NetDebt954.40M794.10M646.40M990.60M
TotalDebt1.23B1.06B966.90M1.14B
TangibleBookValue2.07B1.66B1.50B1.05B
InvestedCapital3.30B2.72B2.47B2.19B
WorkingCapital329.90M425.80M533.30M56.13M
NetTangibleAssets2.07B1.66B1.50B1.05B
CommonStockEquity2.07B1.66B1.50B1.05B
TotalCapitalization3.13B2.55B2.35B1.98B
TotalEquityGrossMinorityInterest2.07B1.67B1.50B1.05B
MinorityInterest800.00K1.90M2.30M0.00
StockholdersEquity2.07B1.66B1.50B1.05B
GainsLossesNotAffectingRetainedEarnings334.70M25.20M39.40M-3.42M
OtherEquityAdjustments335.50M25.60M39.90M-3.56M
ForeignCurrencyTranslationAdjustments-800.00K-400.00K-500.00K137.00K
TreasuryStock4.20M4.20M4.20M4.24M
RetainedEarnings1.47B1.38B1.30B899.47M
AdditionalPaidInCapital271.00M260.00M167.60M159.56M
CapitalStock1.00M900.00K800.00K812.00K
CommonStock1.00M900.00K800.00K812.00K
TotalLiabilitiesNetMinorityInterest1.39B1.20B1.11B1.28B
TotalNonCurrentLiabilitiesNetMinorityInterest1.11B938.70M904.10M971.63M
OtherNonCurrentLiabilities2.90M3.00M3.00M
TradeandOtherPayablesNonCurrent45.20M45.20M45.20M45.18M
NonCurrentDeferredLiabilities300.00K3.60M6.10M0.00
NonCurrentDeferredTaxesLiabilities300.00K3.60M6.10M0.00
LongTermDebtAndCapitalLeaseObligation1.06B886.90M849.80M926.45M
LongTermDebt1.06B886.90M849.80M926.45M
CurrentLiabilities285.40M265.40M206.40M307.19M
OtherCurrentLiabilities61.30M45.20M31.10M14.48M
CurrentDeferredLiabilities7.50M3.30M900.00K0.00
CurrentDeferredRevenue7.50M3.30M900.00K0.00
CurrentDebtAndCapitalLeaseObligation165.30M172.70M117.10M208.95M
CurrentDebt165.30M172.70M117.10M208.95M
OtherCurrentBorrowings208.95M
CurrentProvisions600.00K500.00K6.80M18.30M
PayablesAndAccruedExpenses50.70M43.70M50.50M65.46M
CurrentAccruedExpenses29.20M
InterestPayable2.30M
Payables50.70M43.70M50.50M36.26M
TotalTaxPayable700.00K600.00K2.00M929.00K
AccountsPayable50.00M43.10M48.50M35.33M
TotalAssets3.47B2.87B2.61B2.33B
TotalNonCurrentAssets2.85B2.18B1.87B1.97B
OtherNonCurrentAssets-111.00K66.00K42.00K
NonCurrentDeferredAssets3.10M400.00K600.00K651.00K
NonCurrentDeferredTaxesAssets3.10M400.00K600.00K651.00K
NonCurrentNoteReceivables4.50M4.50M4.60M4.62M
InvestmentsAndAdvances300.00K100.00K300.00K1.47M
OtherInvestments197.00K1.00K
InvestmentinFinancialAssets200.00K0.00200.00K1.00K
AvailableForSaleSecurities200.00K1.00K200.00K1.00K
LongTermEquityInvestment100.00K100.00K100.00K1.47M
InvestmentsinJointVenturesatCost100.00K100.00K100.00K1.47M
GoodwillAndOtherIntangibleAssets3.70M3.60M3.70M0.00
OtherIntangibleAssets2.00M1.80M1.90M
Goodwill1.70M1.80M1.80M0.00
NetPPE2.84B2.17B1.87B1.96B
AccumulatedDepreciation-676.80M-558.70M-570.20M-514.60M
GrossPPE3.52B2.73B2.44B2.48B
Leases14.60M12.00M10.90M
ConstructionInProgress4.60M90.20M0.0012.00M
OtherProperties5.90M11.20M10.50M9.30M
MachineryFurnitureEquipment3.50B2.62B2.42B2.44B
Properties8.10M5.50M3.80M0.00
CurrentAssets615.30M691.20M739.70M363.32M
OtherCurrentAssets-700.00K8.00K-33.00K
HedgingAssetsCurrent33.00M37.60M55.30M8.30M
AssetsHeldForSaleCurrent0.0047.20M0.0013.22M
RestrictedCash20.70M45.00M18.20M54.30M
PrepaidAssets12.20M15.20M10.40M5.62M
Inventory68.40M61.70M72.00M48.81M
OtherInventories72.03M48.81M
Receivables209.10M219.70M263.30M88.30M
OtherReceivables25.20M8.00M3.80M4.30M
AccountsReceivable183.90M211.70M259.50M84.00M
AllowanceForDoubtfulAccountsReceivable-10.00M-10.00M-10.60M-3.10M
GrossAccountsReceivable193.90M221.70M270.10M87.10M
CashCashEquivalentsAndShortTermInvestments271.90M265.50M320.50M144.80M
CashAndCashEquivalents271.90M265.50M320.50M144.80M
CashFinancial271.90M265.50M320.50M144.80M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow243.30M294.70M382.10M-271.84M
RepurchaseOfCapitalStock0.000.00
RepaymentOfDebt-256.30M-585.40M-275.20M-253.42M
IssuanceOfDebt419.40M676.40M96.30M548.82M
CapitalExpenditure-583.50M-510.30M-119.90M-319.79M
EndCashPosition291.20M295.60M323.80M171.73M
OtherCashAdjustmentOutsideChangeinCash19.30M30.10M3.30M26.89M
BeginningCashPosition265.50M320.50M144.80M89.51M
ChangesInCash6.40M-55.00M175.70M55.33M
FinancingCashFlow-378.30M-489.40M-337.60M297.98M
CashFlowFromContinuingFinancingActivities-378.30M-489.40M-337.60M297.98M
NetOtherFinancingCharges11.90M6.00M8.00M2.58M
CashDividendsPaid-553.30M-586.40M-166.70M0.00
CommonStockDividendPaid-553.30M-586.40M-166.70M0.00
NetCommonStockIssuance0.000.00
CommonStockPayments0.000.00
NetIssuancePaymentsOfDebt163.10M91.00M-178.90M295.40M
NetLongTermDebtIssuance163.10M91.00M-178.90M295.40M
LongTermDebtPayments-256.30M-585.40M-275.20M-253.42M
LongTermDebtIssuance419.40M676.40M96.30M548.82M
InvestingCashFlow-442.10M-370.60M11.30M-290.59M
CashFlowFromContinuingInvestingActivities-442.10M-370.60M11.20M-290.59M
NetOtherInvestingChanges10.80M-26.70M23.60M19.16M
NetBusinessPurchaseAndSale0.000.001.00M0.00
SaleOfBusiness0.000.001.00M0.00
PurchaseOfBusiness0.00
NetIntangiblesPurchaseAndSale-1.10M-600.00K-600.00K0.00
PurchaseOfIntangibles-1.10M-600.00K-600.00K0.00
NetPPEPurchaseAndSale-451.80M-343.30M-12.70M-309.75M
SaleOfPPE130.60M166.40M106.60M10.03M
PurchaseOfPPE-582.40M-509.70M-119.30M-319.79M
OperatingCashFlow826.80M805.00M502.00M47.95M
CashFlowFromContinuingOperatingActivities826.80M805.00M502.00M48.00M
TaxesRefundPaid-1.30M-3.10M-700.00K-1.38M
InterestReceivedCFO24.80M14.30M4.00M241.00K
InterestPaidCFO-66.90M-66.00M-49.50M-41.05M
DividendReceivedCFO0.000.000.00275.00K
ChangeInWorkingCapital47.80M47.80M-180.90M-48.49M
ChangeInOtherWorkingCapital17.00K-15.00K11.00K
ChangeInPayablesAndAccruedExpense7.90M3.20M4.70M19.40M
ChangeInPayable7.90M3.20M4.70M19.40M
ChangeInAccountPayable7.90M3.20M4.70M19.40M
ChangeInPrepaidAssets8.40M-1.80M-5.70M-3.50M
ChangeInInventory-10.20M1.20M-21.80M-26.90M
ChangeInReceivables41.70M45.20M-158.10M-37.50M
OtherNonCashItems49.20M46.50M45.00M42.09M
StockBasedCompensation30.20M22.50M2.20M2.30M
ProvisionandWriteOffofAssets0.00-6.50M-6.30M0.00
AssetImpairmentCharge0.000.002.60M4.64M
DeferredTax-2.00M4.00M-5.90M1.34M
DeferredIncomeTax-2.00M4.00M-5.90M1.34M
DepreciationAmortizationDepletion192.00M149.30M139.00M130.85M
DepreciationAndAmortization192.00M149.30M139.00M130.85M
Depreciation130.85M
OperatingGainsLosses-58.50M-51.80M-10.10M-796.00K
EarningsLossesFromEquityInvestments0.000.00-200.00K104.00K
GainLossOnInvestmentSecurities-6.60M-1.50M600.00K-200.00K
NetForeignCurrencyExchangeGainLoss-600.00K100.00K-300.00K-700.00K
GainLossOnSaleOfPPE-51.30M-50.40M-10.20M0.00
NetIncomeFromContinuingOperations611.50M648.00M562.60M-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
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