TRMD
Torm PLC Class A
NASDAQ: TRMD · ENERGY · OIL & GAS MIDSTREAM
$34.09
+0.50% today
Updated 2026-05-11
Market cap
$3.51B
P/E ratio
11.96
P/S ratio
2.62x
EPS (TTM)
$2.85
Dividend yield
6.22%
52W range
$15 – $35
Volume
0.9M
Torm PLC Class A (TRMD) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $604.34M | $821.67M | $1.17B | $850.30M | $859.41M | $1.32B | $1.12B | $992.34M | $624.17M | $540.40M | $680.14M | $656.99M | $635.37M | $692.61M | $747.36M | $619.53M | $1.44B | $1.52B | $1.56B | $1.39B |
| Revenue growth (YoY) | — | +36.0% | +42.4% | -27.3% | +1.1% | +53.5% | -15.0% | -11.5% | -37.1% | -13.4% | +25.9% | -3.4% | -3.3% | +9.0% | +7.9% | -17.1% | +133.0% | +5.3% | +2.6% | -10.9% |
| Cost of revenue | $332.90M | $464.05M | $632.21M | $607.79M | $679.67M | $1.24B | $1.05B | $668.34M | $351.99M | $249.00M | $365.57M | $382.86M | $400.00M | $377.86M | $349.85M | $371.79M | $598.50M | $579.60M | $610.50M | $915.66M |
| Gross profit | $271.44M | $357.62M | $537.80M | $242.51M | $179.75M | $81.03M | $76.13M | $323.99M | $272.19M | $291.41M | $314.57M | $274.13M | $235.36M | $314.75M | $397.51M | $247.74M | $844.90M | $940.80M | $948.70M | $474.17M |
| Gross margin | 44.9% | 43.5% | 46.0% | 28.5% | 20.9% | 6.1% | 6.8% | 32.6% | 43.6% | 53.9% | 46.3% | 41.7% | 37.0% | 45.4% | 53.2% | 40.0% | 58.5% | 61.9% | 60.8% | 34.1% |
| R&D | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | $34.59M | $68.74M | $89.91M | $78.19M | $78.16M | $71.22M | $67.22M | $56.52M | $50.97M | $19.49M | $41.41M | $45.01M | $47.83M | $47.72M | $50.77M | $51.54M | $55.00M | $82.90M | $95.60M | $113.80M |
| Operating income | $242.13M | $204.98M | $446.25M | $49.76M | $-79.62M | $-388.60M | $-448.50M | $-90.66M | $-211.03M | $142.96M | $-107.21M | $39.53M | $2.82M | $205.89M | $138.91M | $1.40M | $601.50M | $698.60M | $658.80M | $355.58M |
| Operating margin | 40.1% | 24.9% | 38.1% | 5.9% | -9.3% | -29.5% | -40.0% | -9.1% | -33.8% | 26.5% | -15.8% | 6.0% | 0.4% | 29.7% | 18.6% | 0.2% | 41.7% | 45.9% | 42.3% | 25.6% |
| EBITDA | $277.94M | $323.50M | $565.84M | $166.53M | $55.77M | $-247.86M | $-366.16M | $35.54M | $40.88M | $209.25M | $14.42M | $170.32M | $119.61M | $316.23M | $258.55M | $132.49M | $744.40M | $857.40M | $871.80M | $605.53M |
| EBITDA margin | 46.0% | 39.4% | 48.4% | 19.6% | 6.5% | -18.8% | -32.7% | 3.6% | 6.5% | 38.7% | 2.1% | 25.9% | 18.8% | 45.7% | 34.6% | 21.4% | 51.6% | 56.4% | 55.9% | 43.6% |
| EBIT | $219.02M | $224.82M | $439.77M | $33.75M | $-85.64M | $-392.69M | $-504.38M | $-91.36M | $-55.43M | $141.92M | $-102.25M | $48.59M | $8.82M | $206.11M | $136.63M | $1.64M | $605.40M | $708.10M | $679.80M | $382.97M |
| Interest expense | $41.30M | $73.60M | $79.70M | $52.80M | $50.60M | $58.70M | $74.70M | $74.80M | $57.40M | $15.00M | $33.22M | $40.60M | $40.69M | $52.89M | $77.84M | $42.40M | $48.70M | $56.10M | $69.86M | $76.68M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $234.51M | $791.68M | $361.35M | $-17.36M | $-135.26M | $-453.01M | $-580.64M | $-162.23M | $-284.18M | $125.98M | $-142.49M | $2.41M | $-34.78M | $166.02M | $88.11M | $-42.09M | $562.80M | $648.30M | $612.50M | $296.02M |
| Net income growth (YoY) | — | +237.6% | -54.4% | -104.8% | -679.1% | -234.9% | -28.2% | +72.1% | -75.2% | +144.3% | -213.1% | +101.7% | -1544.9% | +577.4% | -46.9% | -147.8% | +1437.2% | +15.2% | -5.5% | -51.7% |
| Profit margin | 38.8% | 96.4% | 30.9% | -2.0% | -15.7% | -34.3% | -51.8% | -16.3% | -45.5% | 23.3% | -21.0% | 0.4% | -5.5% | 24.0% | 11.8% | -6.8% | 39.0% | 42.6% | 39.3% | 21.3% |