TORM plc
TRMD · NASDAQ
Financial statements
Annual and quarterly income, balance-sheet, cash-flow and key-statistics data.
Income statement
| Period | Revenue | Gross profit | Operating income | Net income | EPS |
|---|---|---|---|---|---|
| 2022 FY | 1.44B | 844.90M | 601.50M | 562.80M | 7.03 |
| 2023 FY | 1.52B | 940.80M | 698.60M | 648.30M | 7.75 |
| 2024 FY | 1.56B | 948.70M | 658.80M | 612.50M | 6.54 |
| 2025 FY | 1.39B | 474.17M | 355.58M | 296.02M | 3.01 |
Balance sheet
| Period | Total assets | Liabilities | Cash | Debt | Equity |
|---|---|---|---|---|---|
| 2022 FY | 2.61B | 1.11B | 320.50M | 966.90M | 1.50B |
| 2023 FY | 2.87B | 1.20B | 265.50M | 1.06B | 1.66B |
| 2024 FY | 3.47B | 1.39B | 271.90M | 1.23B | 2.07B |
| 2025 FY | 3.36B | 1.16B | 163.14M | 1.01B | 2.20B |
Cash flow
| Period | Operating cash flow | Capital expenditure | Free cash flow | Dividends paid | Net cash change |
|---|---|---|---|---|---|
| 2022 FY | 502.00M | -119.30M | 382.70M | -166.70M | 175.66M |
| 2023 FY | 821.29M | -519.91M | 301.38M | -598.21M | -28.46M |
| 2024 FY | 789.04M | -555.80M | 233.24M | -528.03M | -5.07M |
| 2025 FY | 517.65M | -320.09M | 197.56M | -207.20M | -127.10M |
Key statistics
| Period | Market cap | Enterprise value | P/E | Price / sales | Debt / equity |
|---|---|---|---|---|---|
| 2022 FY | 2.37B | 3.02B | — | — | — |
| 2023 FY | 2.54B | 3.34B | — | — | — |
| 2024 FY | 1.82B | 2.77B | — | — | — |
| 2025 FY | 1.92B | 2.77B | — | — | — |
Income statement
| Period | Revenue | Gross profit | Operating income | Net income | EPS |
|---|---|---|---|---|---|
| 2025 Q2 | 315.20M | 158.10M | 74.60M | 58.60M | 0.60 |
| 2025 Q3 | 343.11M | 124.38M | 97.44M | 77.72M | 0.79 |
| 2025 Q4 | 354.98M | 134.80M | 98.16M | 87.39M | 0.88 |
| 2026 Q1 | 395.84M | 157.74M | 135.10M | 120.52M | 1.19 |
Balance sheet
| Period | Total assets | Liabilities | Cash | Debt | Equity |
|---|---|---|---|---|---|
| 2025 Q2 | 3.40B | 1.29B | 369.80M | 1.13B | 2.11B |
| 2025 Q3 | 3.19B | 1.04B | 218.85M | 895.91M | 2.14B |
| 2025 Q4 | 3.36B | 1.16B | 163.14M | 1.01B | 2.20B |
| 2026 Q1 | 3.53B | 1.26B | 196.41M | 1.08B | 2.27B |
Cash flow
| Period | Operating cash flow | Capital expenditure | Free cash flow | Dividends paid | Net cash change |
|---|---|---|---|---|---|
| 2025 Q2 | 161.30M | -27.90M | 133.40M | -97.70M | 8.70M |
| 2025 Q3 | 114.32M | -35.17M | 79.15M | -36.89M | -151.41M |
| 2025 Q4 | 132.56M | -218.99M | -86.44M | -62.07M | -55.70M |
| 2026 Q1 | 133.82M | -180.39M | -46.57M | -70.31M | 33.27M |
Key statistics
| Period | Market cap | Enterprise value | P/E | Price / sales | Debt / equity |
|---|---|---|---|---|---|
| 2025 Q2 | 1.63B | 2.39B | — | — | — |
| 2025 Q3 | 2.02B | 2.70B | — | — | — |
| 2025 Q4 | 1.95B | 2.80B | — | — | — |
| 2026 Q1 | 2.83B | 3.72B | — | — | — |