TORM plc

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Revenue $657.0m
$635.4m -3.29%
$692.6m +9.01%
$747.4m +7.90%
$619.5m -17.10%
$1.4b +132.97%
$1.5b +5.34%
$1.6b +2.55%
$1.3b -14.09%
$1.4b +5.44%
Port expenses, bunkers, commissions, and other cost of goods and services sold ($227.9m)
($240.9m) -5.71%
($459.5m) -90.70%
($430.3m) +6.35%
($418.5m) +2.75%
($421.6m) -0.74%
Gross Profit $519.4m
$378.6m -27.11%
$983.9m +159.88%
$1.1b +10.79%
$1.1b +4.64%
$917.9m -19.53%
$765.8m -16.57%
Operating expenses ($188.4m) ($180.4m) ($173.0m) ($178.4m) ($190.5m) ($202.1m) ($216.0m) ($245.1m) ($252.4m) $364.1m
Other operating income and expenses ($418k) ($2.0m) ($2.9m) ($19.2m) $414k $6.0m $6.4m ($500k) $100k
Basic earnings per share (in USD per share) $0.04 ($0.48) $2.24 $1.19 ($0.54) $6.92 $7.75 $6.54 $2.91 $3.48
Diluted earnings per share (in USD per share) $0.04 ($0.48) $2.24 $1.19 ($0.54) $6.80 $7.48 $6.36 $2.85 $3.41
Profit from sale of vessels $2.8m $752k $1.2m $1.1m $0 $10.2m $50.4m $51.3m $19.0m
Administrative expenses ($45.0m) ($47.8m) ($47.7m) ($50.8m) ($51.5m) ($55.0m) ($82.9m) ($95.6m) ($113.8m)
Depreciation and amortization $114.5m $114.5m $110.1m ($121.9m) ($130.9m) ($139.0m) ($149.3m) ($192.0m) ($214.5m)
Operating profit (EBIT) $39.5m
$2.8m -92.86%
$205.9m +7195.92%
$138.9m -32.53%
$1.4m -99.00%
$601.4m +42981.59%
$698.6m +16.16%
$658.8m -5.70%
$356.3m -45.92%
Financial income $4.3m $3.3m $2.8m $536k $241k $4.0m $14.3m $24.8m $13.3m
Financial expenses ($40.6m) ($39.3m) ($41.9m) ($49.9m) ($42.4m) ($48.8m) ($60.9m) ($74.1m) ($74.4m)
Profit before tax $3.2m ($33.2m) $166.8m $89.5m ($40.7m) $556.7m $652.0m $609.5m $295.2m
Tax ($777k) ($1.6m) ($784k) ($1.4m) ($1.3m) $5.9m ($4.0m) $2.0m ($9.2m) $5.4m
Net profit for the year $88.1m ($42.1m) $562.6m $648.0m $611.5m $286.0m
TORM plc shareholders $88.1m ($42.1m) $562.8m $648.3m $612.5m $285.3m
Non-controlling interest $0 ($180k) ($298k) ($1.0m) $700k

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.