Symbols / TRMD Stock $32.55 -5.84% TORM plc

Energy • Oil & Gas Midstream • United Kingdom • NMS
TRMD (Stock) Chart
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Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Energy
Industry Oil & Gas Midstream
CEO Mr. Jacob Balslev Meldgaard
Exch · Country NMS · United Kingdom
Market Cap 3.36B
Enterprise Value 4.35B
Income 285.30M
Sales 1.34B
FCF (ttm) 67.71M
Book/sh 21.74
Cash/sh 1.56
Employees 588
Insider 10d —
IPO Feb 23, 2018
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 70.88%
P/E 11.42
Forward P/E 9.07
PEG —
P/S 2.50
P/B 1.50
P/C —
EV/EBITDA 7.92
EV/Sales 3.25
Quick Ratio 0.96
Current Ratio 1.32
Debt/Eq 45.54
LT Debt/Eq —
EPS (ttm) 2.85
EPS next Y 3.59
EPS Growth 10.40%
Revenue Growth 15.50%
EPS Gr Q/Q 11.70%
Rev Gr Q/Q —
Earnings (next) 2026-05-13
Earnings (prior) 2026-02-26
ROA 6.17%
ROE 13.37%
ROIC —
Gross Margin 49.68%
Oper. Margin 27.68%
Profit Margin 21.30%
Shs Outstand 102.12M
Shs Float 63.23M
Insider Own 13.91%
Instit Own 42.90%
Short Float 1.07%
Short Ratio 0.93
Short Interest 649.73K
52W High 35.33
vs 52W High -7.87%
52W Low 15.79
vs 52W Low 106.14%
Beta 0.04
Impl. Vol. 32.63%
Rel Volume 1.66
Avg Volume 898.08K
Volume 1.49M
Target (mean) $34.00
Tgt Median $34.00
Tgt Low $33.00
Tgt High $35.00
# Analysts 2
Recom None
Prev Close $34.57
Price $32.55
Change -5.84%
About

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.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$34.00
Mean price target
2. Current target
$32.55
Latest analyst target
3. DCF / Fair value
$11.93
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$32.55
Low
$33.00
High
$35.00
Mean
$34.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-22 main Evercore ISI Group Outperform → Outperform $35
2026-02-27 main Evercore ISI Group Outperform → Outperform $34
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
News
RSS: Latest TRMD news
Insider Transactions

No recent insider transactions.

Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
1,339.50
-14.09%
1,559.20
+2.55%
1,520.40
+5.33%
1,443.40
Operating Revenue
1,339.50
-14.09%
1,559.20
+2.55%
1,520.40
+5.33%
1,443.40
Cost Of Revenue
636.10
+4.19%
610.50
+5.33%
579.60
-3.16%
598.50
Reconciled Cost Of Revenue
636.10
+4.19%
610.50
+5.33%
579.60
-3.16%
598.50
Gross Profit
703.40
-25.86%
948.70
+0.84%
940.80
+11.35%
844.90
Operating Expense
366.10
+7.30%
341.20
+16.61%
292.60
+16.48%
251.20
Selling General And Administration
113.80
+19.04%
95.60
+15.32%
82.90
+50.73%
55.00
General And Administrative Expense
113.80
+19.04%
95.60
+15.32%
82.90
+50.73%
55.00
Other Gand A
113.80
+19.04%
95.60
+15.32%
82.90
+50.73%
55.00
Other Operating Expenses
252.30
+2.73%
245.60
+17.12%
209.70
+6.88%
196.20
Total Expenses
1,002.20
+5.31%
951.70
+9.11%
872.20
+2.65%
849.70
Operating Income
337.30
-44.48%
607.50
-6.28%
648.20
+9.18%
593.70
Total Operating Income As Reported
356.30
-45.92%
658.80
-5.70%
698.60
+16.14%
601.50
EBITDA
578.80
-33.61%
871.80
+1.68%
857.40
+15.18%
744.40
Normalized EBITDA
559.50
-31.87%
821.20
+1.71%
807.40
+9.51%
737.30
Reconciled Depreciation
214.50
+11.72%
192.00
+28.60%
149.30
+7.41%
139.00
EBIT
364.30
-46.41%
679.80
-4.00%
708.10
+16.96%
605.40
Total Unusual Items
19.30
-61.86%
50.60
+1.20%
50.00
+604.23%
7.10
Total Unusual Items Excluding Goodwill
19.30
-61.86%
50.60
+1.20%
50.00
+604.23%
7.10
Special Income Charges
19.00
-62.96%
51.30
+1.79%
50.40
+563.16%
7.60
Impairment Of Capital Assets
—
0.00
0.00
-100.00%
2.60
Net Income
285.30
-53.42%
612.50
-5.52%
648.30
+15.19%
562.80
Pretax Income
295.20
-51.57%
609.50
-6.52%
652.00
+17.12%
556.70
Net Non Operating Interest Income Expense
-61.40
-26.34%
-48.60
-5.19%
-46.20
-4.29%
-44.30
Interest Expense Non Operating
69.10
-1.71%
70.30
+25.31%
56.10
+15.20%
48.70
Net Interest Income
-61.40
-26.34%
-48.60
-5.19%
-46.20
-4.29%
-44.30
Interest Expense
69.10
-1.71%
70.30
+25.31%
56.10
+15.20%
48.70
Interest Income Non Operating
11.10
-54.69%
24.50
+72.54%
14.20
+255.00%
4.00
Interest Income
11.10
-54.69%
24.50
+72.54%
14.20
+255.00%
4.00
Other Income Expense
19.30
-61.86%
50.60
+1.20%
50.00
+584.93%
7.30
Gain On Sale Of Security
0.30
+142.86%
-0.70
-75.00%
-0.40
+20.00%
-0.50
Tax Provision
9.20
+560.00%
-2.00
-150.00%
4.00
+167.80%
-5.90
Tax Rate For Calcs
0.00
-87.20%
0.00
+3974.98%
0.00
-96.77%
0.00
Tax Effect Of Unusual Items
0.62
-95.12%
12.65
+4023.90%
0.31
-77.26%
1.35
Net Income Including Noncontrolling Interests
286.00
-53.23%
611.50
-5.63%
648.00
+15.18%
562.60
Net Income From Continuing Operation Net Minority Interest
285.30
-53.42%
612.50
-5.52%
648.30
+15.19%
562.80
Net Income From Continuing And Discontinued Operation
285.30
-53.42%
612.50
-5.52%
648.30
+15.19%
562.80
Net Income Continuous Operations
286.00
-53.23%
611.50
-5.63%
648.00
+15.18%
562.60
Minority Interests
-0.70
-170.00%
1.00
+233.33%
0.30
+50.00%
0.20
Normalized Income
266.62
-53.60%
574.55
-4.02%
598.61
+7.46%
557.05
Net Income Common Stockholders
285.30
-53.42%
612.50
-5.52%
648.30
+15.19%
562.80
Diluted EPS
2.85
-55.19%
6.36
-14.97%
7.48
+10.00%
6.80
Basic EPS
2.91
-55.50%
6.54
-15.61%
7.75
+11.99%
6.92
Basic Average Shares
98.20
+4.91%
93.60
+11.96%
83.60
+2.83%
81.30
Diluted Average Shares
100.10
+3.95%
96.30
+11.07%
86.70
+4.71%
82.80
Diluted NI Availto Com Stockholders
285.30
-53.42%
612.50
-5.52%
648.30
+15.19%
562.80
Earnings From Equity Interest
—
0.00
0.00
-100.00%
0.20
Gain On Sale Of PPE
19.00
-62.96%
51.30
+1.79%
50.40
+394.12%
10.20
Total Other Finance Cost
3.40
+21.43%
2.80
-34.88%
4.30
+1175.00%
-0.40
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total Assets
3,469.60
+20.89%
2,870.10
+9.79%
2,614.20
—
Current Assets
615.30
-10.98%
691.20
-6.56%
739.70
—
Cash Cash Equivalents And Short Term Investments
271.90
+2.41%
265.50
-17.16%
320.50
—
Cash And Cash Equivalents
271.90
+2.41%
265.50
-17.16%
320.50
—
Cash Financial
271.90
+2.41%
265.50
-17.16%
320.50
—
Receivables
210.50
-4.19%
219.70
-16.56%
263.30
—
Accounts Receivable
183.90
-13.13%
211.70
-18.42%
259.50
—
Gross Accounts Receivable
193.90
-12.54%
221.70
-17.92%
270.10
—
Allowance For Doubtful Accounts Receivable
-10.00
+0.00%
-10.00
+5.66%
-10.60
—
Other Receivables
26.60
+232.50%
8.00
+110.53%
3.80
—
Inventory
68.40
+10.86%
61.70
-14.31%
72.00
—
Prepaid Assets
12.20
-19.74%
15.20
+46.15%
10.40
—
Restricted Cash
19.30
-57.11%
45.00
+147.25%
18.20
—
Assets Held For Sale Current
0.00
-100.00%
47.20
0.00
—
Hedging Assets Current
33.00
-12.23%
37.60
-32.01%
55.30
—
Other Current Assets
—
-0.70
-8850.00%
0.01
+124.24%
-0.03
Total Non Current Assets
2,854.30
+31.00%
2,178.90
+16.24%
1,874.50
—
Net PPE
2,842.70
+30.98%
2,170.30
+16.35%
1,865.30
—
Gross PPE
3,519.50
+28.97%
2,729.00
+12.05%
2,435.50
—
Accumulated Depreciation
-676.80
-21.14%
-558.70
+2.02%
-570.20
—
Properties
8.10
+47.27%
5.50
+44.74%
3.80
—
Machinery Furniture Equipment
3,500.90
+33.52%
2,622.10
+8.30%
2,421.20
—
Construction In Progress
4.60
-94.90%
90.20
0.00
—
Other Properties
5.90
-47.32%
11.20
+6.67%
10.50
—
Leases
—
14.60
+21.67%
12.00
+10.09%
10.90
Goodwill And Other Intangible Assets
3.70
+2.78%
3.60
-2.70%
3.70
—
Goodwill
1.70
-5.56%
1.80
+0.00%
1.80
—
Other Intangible Assets
2.00
+11.11%
1.80
-5.26%
1.90
—
Investments And Advances
0.30
+200.00%
0.10
-66.67%
0.30
—
Long Term Equity Investment
0.10
+0.00%
0.10
+0.00%
0.10
—
Other Investments
—
—
0.20
+19600.00%
0.00
Non Current Deferred Assets
3.10
+675.00%
0.40
-33.33%
0.60
—
Non Current Deferred Taxes Assets
3.10
+675.00%
0.40
-33.33%
0.60
—
Other Non Current Assets
—
-0.11
-268.18%
0.07
+57.14%
0.04
Total Liabilities Net Minority Interest
1,394.80
+15.84%
1,204.10
+8.43%
1,110.50
—
Current Liabilities
285.40
+7.54%
265.40
+28.59%
206.40
—
Payables And Accrued Expenses
50.70
+16.02%
43.70
-13.47%
50.50
—
Payables
50.70
+16.02%
43.70
-13.47%
50.50
—
Accounts Payable
50.00
+16.01%
43.10
-11.13%
48.50
—
Current Accrued Expenses
—
—
—
29.20
Total Tax Payable
0.70
+16.67%
0.60
-70.00%
2.00
—
Current Debt And Capital Lease Obligation
165.30
-4.28%
172.70
+47.48%
117.10
—
Current Debt
165.30
-4.28%
172.70
+47.48%
117.10
—
Other Current Borrowings
—
—
—
208.95
Current Deferred Liabilities
7.50
+127.27%
3.30
+266.67%
0.90
—
Current Deferred Revenue
7.50
+127.27%
3.30
+266.67%
0.90
—
Other Current Liabilities
61.30
+35.62%
45.20
+45.34%
31.10
—
Total Non Current Liabilities Net Minority Interest
1,109.40
+18.18%
938.70
+3.83%
904.10
—
Long Term Debt And Capital Lease Obligation
1,061.00
+19.63%
886.90
+4.37%
849.80
—
Long Term Debt
1,061.00
+19.63%
886.90
+4.37%
849.80
—
Tradeand Other Payables Non Current
45.20
+0.00%
45.20
+0.00%
45.20
—
Non Current Deferred Liabilities
0.30
-91.67%
3.60
-40.98%
6.10
—
Non Current Deferred Taxes Liabilities
0.30
-91.67%
3.60
-40.98%
6.10
—
Other Non Current Liabilities
2.90
-3.33%
3.00
+0.00%
3.00
—
Stockholders Equity
2,074.00
+24.63%
1,664.10
+10.84%
1,501.40
—
Common Stock Equity
2,074.00
+24.63%
1,664.10
+10.84%
1,501.40
—
Capital Stock
1.00
+11.11%
0.90
+12.50%
0.80
—
Common Stock
1.00
+11.11%
0.90
+12.50%
0.80
—
Share Issued
97.81
+13.44%
86.23
+4.76%
82.31
—
Ordinary Shares Number
97.32
+13.52%
85.73
+4.78%
81.82
—
Treasury Shares Number
0.49
+0.00%
0.49
-0.01%
0.49
+0.01%
0.49
Additional Paid In Capital
271.00
+4.23%
260.00
+55.13%
167.60
—
Retained Earnings
1,471.50
+6.46%
1,382.20
+6.50%
1,297.80
—
Gains Losses Not Affecting Retained Earnings
334.70
+1228.17%
25.20
-36.04%
39.40
—
Treasury Stock
4.20
+0.00%
4.20
+0.00%
4.20
—
Minority Interest
0.80
-57.89%
1.90
-17.39%
2.30
—
Other Equity Adjustments
335.50
+1210.55%
25.60
-35.84%
39.90
—
Total Equity Gross Minority Interest
2,074.80
+24.54%
1,666.00
+10.79%
1,503.70
—
Total Capitalization
3,135.00
+22.89%
2,551.00
+8.50%
2,351.20
—
Working Capital
329.90
-22.52%
425.80
-20.16%
533.30
—
Invested Capital
3,300.30
+21.17%
2,723.70
+10.35%
2,468.30
—
Total Debt
1,226.30
+15.73%
1,059.60
+9.59%
966.90
—
Net Debt
954.40
+20.19%
794.10
+22.85%
646.40
—
Net Tangible Assets
2,070.30
+24.68%
1,660.50
+10.87%
1,497.70
—
Tangible Book Value
2,070.30
+24.68%
1,660.50
+10.87%
1,497.70
—
Available For Sale Securities
0.20
+19900.00%
0.00
-99.50%
0.20
—
Current Provisions
0.60
+20.00%
0.50
-92.65%
6.80
—
Foreign Currency Translation Adjustments
-0.80
-100.00%
-0.40
+20.00%
-0.50
—
Interest Payable
—
—
—
2.30
Investmentin Financial Assets
0.20
0.00
-100.00%
0.20
—
Investmentsin Joint Venturesat Cost
0.10
+0.00%
0.10
+0.00%
0.10
—
Non Current Note Receivables
4.50
+0.00%
4.50
-2.17%
4.60
—
Other Inventories
—
—
72.03
+47.57%
48.81
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
498.90
-39.66%
826.80
+2.71%
805.00
+60.36%
502.00
Cash Flow From Continuing Operating Activities
498.90
-39.66%
826.80
+2.71%
805.00
+60.36%
502.00
Net Income From Continuing Operations
286.00
-53.23%
611.50
-5.63%
648.00
+15.18%
562.60
Depreciation Amortization Depletion
214.50
+11.72%
192.00
+28.60%
149.30
+7.41%
139.00
Depreciation
—
—
—
—
Depreciation And Amortization
214.50
+11.72%
192.00
+28.60%
149.30
+7.41%
139.00
Other Non Cash Items
61.10
+24.19%
49.20
+5.81%
46.50
+3.33%
45.00
Stock Based Compensation
34.10
+12.91%
30.20
+34.22%
22.50
+922.73%
2.20
Provisionand Write Offof Assets
0.00
0.00
+100.00%
-6.50
-3.17%
-6.30
Asset Impairment Charge
—
0.00
0.00
-100.00%
2.60
Deferred Tax
9.20
+560.00%
-2.00
-150.00%
4.00
+167.80%
-5.90
Deferred Income Tax
9.20
+560.00%
-2.00
-150.00%
4.00
+167.80%
-5.90
Operating Gains Losses
-11.70
+80.00%
-58.50
-12.93%
-51.80
-412.87%
-10.10
Gain Loss On Investment Securities
6.80
+203.03%
-6.60
-340.00%
-1.50
-350.00%
0.60
Net Foreign Currency Exchange Gain Loss
0.50
+183.33%
-0.60
-700.00%
0.10
+133.33%
-0.30
Gain Loss On Sale Of PPE
-19.00
+62.96%
-51.30
-1.79%
-50.40
-394.12%
-10.20
Change In Working Capital
-33.50
-170.08%
47.80
+0.00%
47.80
+126.42%
-180.90
Change In Receivables
-33.20
-179.62%
41.70
-7.74%
45.20
+128.59%
-158.10
Change In Inventory
-1.30
+87.25%
-10.20
-950.00%
1.20
+105.50%
-21.80
Change In Prepaid Assets
-3.80
-145.24%
8.40
+566.67%
-1.80
+68.42%
-5.70
Change In Payables And Accrued Expense
4.80
-39.24%
7.90
+146.88%
3.20
-31.91%
4.70
Change In Payable
4.80
-39.24%
7.90
+146.88%
3.20
-31.91%
4.70
Change In Account Payable
4.80
-39.24%
7.90
+146.88%
3.20
-31.91%
4.70
Change In Other Working Capital
—
—
0.02
+213.33%
-0.01
Investing Cash Flow
-152.60
+65.48%
-442.10
-19.29%
-370.60
-3379.65%
11.30
Cash Flow From Continuing Investing Activities
-152.60
+65.48%
-442.10
-19.29%
-370.60
-3408.93%
11.20
Net PPE Purchase And Sale
-164.70
+63.55%
-451.80
-31.61%
-343.30
-2603.15%
-12.70
Purchase Of PPE
-308.50
+47.03%
-582.40
-14.26%
-509.70
-327.24%
-119.30
Sale Of PPE
143.80
+10.11%
130.60
-21.51%
166.40
+56.10%
106.60
Capital Expenditure
-310.30
+46.82%
-583.50
-14.34%
-510.30
-325.60%
-119.90
Net Business Purchase And Sale
—
0.00
0.00
-100.00%
1.00
Purchase Of Business
—
—
—
—
Net Intangibles Purchase And Sale
-1.80
-63.64%
-1.10
-83.33%
-0.60
+0.00%
-0.60
Purchase Of Intangibles
-1.80
-63.64%
-1.10
-83.33%
-0.60
+0.00%
-0.60
Net Other Investing Changes
13.90
+28.70%
10.80
+140.45%
-26.70
-213.14%
23.60
Financing Cash Flow
-460.10
-21.62%
-378.30
+22.70%
-489.40
-44.96%
-337.60
Cash Flow From Continuing Financing Activities
-460.10
-21.62%
-378.30
+22.70%
-489.40
-44.96%
-337.60
Net Issuance Payments Of Debt
-258.80
-258.68%
163.10
+79.23%
91.00
+150.87%
-178.90
Issuance Of Debt
338.00
-19.41%
419.40
-38.00%
676.40
+602.39%
96.30
Repayment Of Debt
-596.80
-132.85%
-256.30
+56.22%
-585.40
-112.72%
-275.20
Long Term Debt Issuance
338.00
-19.41%
419.40
-38.00%
676.40
+602.39%
96.30
Long Term Debt Payments
-596.80
-132.85%
-256.30
+56.22%
-585.40
-112.72%
-275.20
Net Long Term Debt Issuance
-258.80
-258.68%
163.10
+79.23%
91.00
+150.87%
-178.90
Net Common Stock Issuance
—
—
—
0.00
Common Stock Payments
—
—
—
0.00
Common Stock Dividend Paid
-199.70
+63.91%
-553.30
+5.64%
-586.40
-251.77%
-166.70
Cash Dividends Paid
-199.70
+63.91%
-553.30
+5.64%
-586.40
-251.77%
-166.70
Repurchase Of Capital Stock
—
—
—
0.00
Net Other Financing Charges
-1.60
-113.45%
11.90
+98.33%
6.00
-25.00%
8.00
Changes In Cash
-113.80
-1878.13%
6.40
+111.64%
-55.00
-131.30%
175.70
Beginning Cash Position
271.90
+2.41%
265.50
-17.16%
320.50
+121.34%
144.80
End Cash Position
163.50
-43.85%
291.20
-1.49%
295.60
-8.71%
323.80
Free Cash Flow
188.60
-22.48%
243.30
-17.44%
294.70
-22.87%
382.10
Dividend Received CFO
—
0.00
0.00
0.00
Earnings Losses From Equity Investments
—
0.00
0.00
+100.00%
-0.20
Interest Paid CFO
-70.00
-4.63%
-66.90
-1.36%
-66.00
-33.33%
-49.50
Interest Received CFO
11.90
-52.02%
24.80
+73.43%
14.30
+257.50%
4.00
Other Cash Adjustment Outside Changein Cash
5.40
-72.02%
19.30
-35.88%
30.10
+812.12%
3.30
Sale Of Business
—
0.00
0.00
-100.00%
1.00
Taxes Refund Paid
-2.70
-107.69%
-1.30
+58.06%
-3.10
-342.86%
-0.70
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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