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TORM plc logo

TORM plc

TRMD

NASDAQIndustrialsMarine Shipping

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Previous close

$31.80

+$0.74 · +2.38%

Aug 21, 4:00 PM ET

TRMD company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

86

Deep Value

Momentum

54

Neutral

Sentiment

63

Bullish

Risk resilience

64

Moderate Risk

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Company profile

Company website

TORM plc operates as a global product tanker company, focusing on the marine transportation of refined petroleum products, such as gasoline, jet fuel, and naphtha, alongside crude oil. As of March 23, 2022, the company maintained an active fleet of approximately 85 vessels. Established in 1889, its main office is situated in London, United Kingdom.

Industry
Marine Shipping
Sector
Industrials
Headquarters
GB
CEO
Jacob Balslev Meldgaard
Listed since
Feb 23, 2018
Employees
588

Market position

Day range

Current $31.80

52-week range

Current $31.80

Open
$31.955
Previous close
$31.06
Volume
529.07K
0.7× average
Average volume
757.4K
Average daily volume
Market cap
3.26B USD
Beta
0.01
Market reference 1
50-day average
$29.2423
+8.75% above average
200-day average
$26.846
+18.45% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
9.35×
P/B (TTM)
1.45×
P/S (TTM)
2.35×
Dividend yield
7.45%

Profitability & efficiency

Gross margin
40.81%
Operating margin
28.76%
Net margin
24.43%

Financial health

Debt / equity
0.48×
Altman Z-score
3.16
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends69%41%14%-14%Gross margin, FY2021: 39.99%Gross margin, FY2022: 58.54%Gross margin, FY2023: 61.88%Gross margin, FY2024: 60.85%Gross margin, FY2025: 34.12%Operating margin, FY2021: 0.23%Operating margin, FY2022: 41.67%Operating margin, FY2023: 45.95%Operating margin, FY2024: 42.25%Operating margin, FY2025: 25.58%Net margin, FY2021: -6.79%Net margin, FY2022: 38.99%Net margin, FY2023: 42.64%Net margin, FY2024: 39.28%Net margin, FY2025: 21.30%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 39.99%. Gross margin FY2022 58.54%. Gross margin FY2023 61.88%. Gross margin FY2024 60.85%. Gross margin FY2025 34.12%. Operating margin FY2021 0.23%. Operating margin FY2022 41.67%. Operating margin FY2023 45.95%. Operating margin FY2024 42.25%. Operating margin FY2025 25.58%. Net margin FY2021 -6.79%. Net margin FY2022 38.99%. Net margin FY2023 42.64%. Net margin FY2024 39.28%. Net margin FY2025 21.30%.

Income trends

Revenue

1.39B USD-10.86%

Operating income

355.58M USD-46.03%

Net income

296.02M USD-51.67%
Income trends across reported periods1.72B USD1.08B USD438.3M USD−202.22M USDRevenue, FY2021: 619.53M USDRevenue, FY2022: 1.44B USDRevenue, FY2023: 1.52B USDRevenue, FY2024: 1.56B USDRevenue, FY2025: 1.39B USDOperating income, FY2021: 1.4M USDOperating income, FY2022: 601.5M USDOperating income, FY2023: 698.6M USDOperating income, FY2024: 658.8M USDOperating income, FY2025: 355.58M USDNet income, FY2021: −42.09M USDNet income, FY2022: 562.8M USDNet income, FY2023: 648.3M USDNet income, FY2024: 612.5M USDNet income, FY2025: 296.02M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 619.53M USD. Revenue FY2022 1.44B USD. Revenue FY2023 1.52B USD. Revenue FY2024 1.56B USD. Revenue FY2025 1.39B USD. Operating income FY2021 1.4M USD. Operating income FY2022 601.5M USD. Operating income FY2023 698.6M USD. Operating income FY2024 658.8M USD. Operating income FY2025 355.58M USD. Net income FY2021 −42.09M USD. Net income FY2022 562.8M USD. Net income FY2023 648.3M USD. Net income FY2024 612.5M USD. Net income FY2025 296.02M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue1.39B USD1.56B USD1.52B USD1.44B USD619.53M USD
Cost of goods sold915.66M USD610.5M USD579.6M USD598.5M USD371.79M USD
Gross profit474.17M USD948.7M USD940.8M USD844.9M USD247.74M USD
Selling, general, and administrative118.6M USD95.6M USD82.9M USD55M USD51.54M USD
Operating expenses118.6M USD289.9M USD242.2M USD243.4M USD246.35M USD
Interest income13.8M USD23.67M USD14.2M USD4M USD200K USD
Interest expense76.68M USD69.86M USD56.1M USD48.7M USD42.4M USD
Depreciation and amortization222.56M USD192M USD149.3M USD139M USD130.85M USD
Operating income355.58M USD658.8M USD698.6M USD601.5M USD1.4M USD
Net income296.02M USD612.5M USD648.3M USD562.8M USD−42.09M USD

Company facts updated Aug 24, 2026.

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ETFs holding TRMD

Funds reporting this stock among their holdings, ordered by reported position size.

Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF logoInvesco RAFI Developed Markets ex-U.S. Small-Mid ETFPDN
Market value
448.64K
Weight
0.12%
AUM
361.92M USD
Expense ratio
0.47%
Price / 1D
$47.39+0.81%
Virtus U.S. Dividend ETF logoVirtus U.S. Dividend ETFVUS
Market value
220.96K
Weight
1.22%
AUM
18.06M USD
Expense ratio
0.25%
Price / 1D
$30.11330.00%
First Trust Developed Markets ex-US Small Cap AlphaDEX Fund logoFirst Trust Developed Markets ex-US Small Cap AlphaDEX FundFDTS
Market value
22.78K
Weight
0.16%
AUM
14M USD
Expense ratio
0.80%
Price / 1D
$69.865+0.57%

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