TORM plc

TORM plc

TRMD-A.CO
TORM plcDK flagNASDAQ Copenhagen
188.70
DKK
+7.00
- -
19.32BMarket Cap
TORM plc
TRMD-A.CO
(NASDAQ Copenhagen)

Recent

price

188.70

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
18,592.78
28,156.18
9,433.15
2,062.61
7,906.51
10.45
10.81
10.6
8.69
9.36
10.1
7.93
17.75
18.19
16.66
13.64
14.25
Revenue per Share
-2,926.23
-9,772.33
-4,885.14
-337.21
555.25
2.44
-2.27
0.04
-0.48
2.24
1.19
-0.54
6.92
7.75
6.54
2.91
3.49
Basic EPS, GAAP
-5,506.35
-4,168.48
-1,337.38
55.32
-15,853.1
-0.77
0.82
-0.57
-1.8
-2.88
0.85
-3.48
4.7
3.53
2.6
1.92
0.86
Free Cash Flow per Basic Share
- -
- -
- -
- -
48.18
- -
0.4
0.02
- -
- -
0.95
- -
2.05
7.01
5.91
2.03
2.74
Dividend per Share
24,520.87
14,693.46
2,001.14
158.58
20,637.98
18.85
12.45
12.68
10.3
12.44
12.7
11.53
15.97
16.54
15.73
18.23
19.34
Book Value per Share
22,153.88
13,848.24
2,234.91
241.54
20,637.98
18.66
12.41
12.76
11.59
13.62
13.75
13.47
18.45
19.89
22.13
22.37
22.88
Tangible Book Value per Share
- -
- -
- -
- -
- -
52
63
62
73
74
74
78
81
84
94
98
99
Basic Weighted Avg Shares
859
1,305
1,121
992
180
540
680
657
635
693
747
620
1,443
1,520
1,559
1,340
1,412
Sales/Revenue/Turnover
-4.08
-10.1
-26.51
-3.16
8.99
26.42
11.41
6.14
0.81
13.16
19.96
0.99
41.13
42.63
38.96
25.18
28.45
Operating Margin (%)
141
145
138
127
25
67
122
114
114
110
122
131
139
149
192
214
221
Depreciation Expense
-135
-453
-581
-162
13
126
-142
2
-35
166
88
-42
563
648
612
285
345
Net Income, GAAP
- -
- -
- -
- -
- -
0.82
- -
24.4
- -
0.47
1.58
- -
- -
0.61
- -
3.12
1.51
Effective Tax Rate (%)
-15.74
-34.71
-51.79
-16.35
7.02
23.31
-20.95
0.37
-5.47
23.97
11.79
-6.79
38.99
42.64
39.28
21.3
24.45
Profit Margin (%)
-33
-1,677
250
34
58
173
29
105
102
21
47
56
533
426
330
130
165
Working Capital
1,781
29
1,895
1,578
125
730
594
654
655
756
740
926
850
887
1,061
714
795
LT Debt
1,115
644
267
118
470
976
781
791
847
1,008
1,017
1,052
1,504
1,666
2,075
2,203
2,273
Total Equity
- -
- -
- -
- -
1.31
11.96
- -
2.03
- -
5.25
7.9
- -
- -
24.88
- -
10.07
11.85
Return on Invested Capital (%)
- -
- -
- -
- -
1.33
12.07
- -
1.84
- -
12.51
7.56
- -
- -
29.89
- -
12.8
14.49
Return on Capital (%)
-11.27
-49.93
-126.37
-103.28
4.63
17.45
-16.21
0.31
-4.52
19.84
9.47
-4.57
51.19
48.35
42.9
17.49
19.98
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
122
289
287
LT Borrowings
778
714
795
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
98
101
102
Market Capitalization
2,002
1,946
2,806

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
518
532
576
Cash, Cash Equivalents & STI
220
158
196
Accounts Receivable, Net
185
215
250
Inventories
65
66
82
Total Current Liabilities
219
401
411
Payables & Accruals
38
41
68
ST Debt
122
289
287
Deferred Revenue
2
2
3

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.61%
17.56%
6.16%
Free Cash Flow
-102.81%
-167.31%
-22.48%
Net Income, GAAP
-411.27%
-325.74%
-53.42%
Sales/Revenue/Turnover
14.57%
21.93%
-14.09%
Total Cash Common Dividend
- -
- -
-63.91%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
444
438
372
305
1,559
2025
329
315
343
353
1,340
2026
402
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.33
2.08
1.38
- -
6.54
2025
0.65
0.6
0.79
- -
2.91
2026
1.21
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
2.86
1.8
- -
5.91
2025
- -
1
0.4
- -
2.03
2026
0.7
- -
- -
- -
- -
Business
TORM plc owns and operates one of the world's largest fleets of product tankers for the seaborne transportation of refined oil products and chemicals, including clean petroleum products such as gasoline, jet fuel, naphtha, and gasoil, as well as dirty petroleum products like crude oil and heavy fuel oils; the company also engages in vessel chartering on time and voyage basis and, through its Marine Engineering segment, develops and produces advanced green marine equipment such as exhaust gas cleaning systems, heat pumps, and energy-saving solutions. Founded in 1889 and headquartered in London, United Kingdom, with key offices in Denmark, the Philippines, India, Singapore, the UK, UAE, and the US, TORM serves global customers including oil refineries, trading companies, and end-users through its modern fleet of approximately 80-90 vessels ranging from 45,000 to 114,000 DWT, with a primary focus on LR2, LR1, and MR classes. In June 2025, TORM acquired full ownership of ME Production, a Danish engineering firm specializing in green maritime technologies, following its initial 75% stake purchase in 2022, to accelerate innovation in environmental solutions; the company also secured up to USD 857 million in financing commitments in July 2025 to refinance existing loans and reported a strengthened liquidity position of USD 652.3 million as of September 2025, while achieving a 40% reduction in CO2 intensity versus 2008 levels ahead of IMO targets.