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TORM (TRMD) Financials

TORM logo
$15.02 -0.41 (-2.66%)
Closing price 04/15/2025 04:00 PM Eastern
Extended Trading
$15.02 0.00 (-0.03%)
As of 04/15/2025 07:45 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
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Annual Income Statements for TORM

Annual Income Statements for TORM

This table shows TORM's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders		 126 -142 2.41 -35 166 88 -42 562 648 611
Consolidated Net Income / (Loss)		 126 -142 2.41 -35 166 88 -42 563 648 612
Net Income / (Loss) Continuing Operations		 126 -142 2.41 -35 166 88 -42 563 648 612
Total Pre-Tax Income 		126 -142 3.18 -33 167 90 -41 557 652 610
Total Operating Income		 142 -107 40 2.63 206 139 1.50 601 699 659
Total Gross Profit		 404 242 203 170 253 342 188 792 925 947
Total Revenue		 527 659 651 634 694 748 620 1,454 1,571 1,611
Operating Revenue		 527 659 651 634 694 748 620 1,454 1,571 1,611
Total Cost of Revenue		 123 417 448 463 441 406 431 662 646 664
Operating Cost of Revenue		 123 417 448 463 441 406 431 662 646 664
Total Operating Expenses		 263 349 163 168 47 203 187 191 226 288
Selling, General & Admin Expense		 189 41 45 48 48 51 52 55 83 96
Depreciation Expense		 67 122 114 114 110 122 131 139 149 192
Other Operating Expenses / (Income)		 6.30 0.30 0.42 1.96 2.91 19 -0.41 -5.90 -6.30 0.50
Impairment Charge		 0.00 185 3.57 3.25 -114 11 4.65 2.60 0.00 0.00
Total Other Income / (Expense), net		 -16 -34 -36 -36 -40 -50 -42 -45 -47 -49
Interest Expense		 17 37 41 39 42 50 42 49 61 74
Interest & Investment Income		 0.99 2.81 4.26 3.30 2.80 0.54 0.24 4.00 14 25
Other Income / (Expense), net		 0.20 0.18 0.00 0.19 -0.42 -0.24 -0.10 0.20 0.00 0.00
Income Tax Expense		 - 0.76 0.78 1.56 0.78 1.42 1.34 -5.90 4.00 -2.00
Net Income / (Loss) Attributable to Noncontrolling Interest		 - - - - - 0.00 0.00 0.20 0.30 1.00
Basic Earnings per Share		 $2.40 - - - - - - $6.92 $7.75 $6.54
Weighted Average Basic Shares Outstanding		 - - 0.00 0.00 0.00 74.86M 81.23M 82.31M 86.23M 97.81M
Diluted Earnings per Share		 $2.40 ($2.27) $0.04 ($0.48) $2.24 $1.19 ($0.54) $6.80 $7.48 $6.36
Weighted Average Diluted Shares Outstanding		 - - 0.00 0.00 0.00 74.86M 81.23M 82.31M 86.23M 97.81M
Weighted Average Basic & Diluted Shares Outstanding		 - - 0.00 0.00 0.00 74.86M 81.23M 82.31M 86.23M 97.81M

Quarterly Income Statements for TORM

No quarterly income statements for TORM are available.

Annual Cash Flow Statements for TORM

This table details how cash moves in and out of TORM's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Change in Cash & Equivalents		 289 -94 59 71 -67 33 55 176 -55 436
Net Cash From Operating Activities		 289 171 110 70 171 236 48 502 805 828
Net Cash From Continuing Operating Activities		 289 170 106 70 161 236 48 502 757 828
Net Income / (Loss) Continuing Operations		 126 -142 2.41 -35 166 88 -42 563 648 612
Consolidated Net Income / (Loss)		 126 -142 2.41 -35 166 88 -42 563 648 612
Depreciation Expense		 67 122 114 114 110 122 131 139 149 192
Non-Cash Adjustments To Reconcile Net Income		 144 220 -12 3.80 -72 25 -40 -203 15 -22
Changes in Operating Assets and Liabilities, net		 -17 -30 1.06 -13 -43 0.33 -1.14 3.30 -55 46
Net Cash From Investing Activities		 0.00 -119 -114 0.00 -323 -120 -291 11 -371 -1.10
Net Cash From Continuing Investing Activities		 0.00 -119 -114 0.00 -323 -89 -310 -12 -344 -1.10
Acquisitions		 - - - - - 0.00 0.00 1.10 0.00 0.00
Purchase of Investments		 - - 0.00 - -0.28 0.00 0.00 -0.60 - -1.10
Net Cash From Financing Activities		 0.00 -146 63 0.80 84 -83 298 -338 -489 -390
Net Cash From Continuing Financing Activities		 0.00 -122 62 0.80 97 -83 298 -338 -489 -390
Repayment of Debt		 - -146 -142 -114 -169 -746 -253 -275 -585 -256
Payment of Dividends		 0.00 -25 -1.24 0.00 0.00 -71 0.00 -167 -586 -553
Issuance of Debt		 - 49 206 115 262 734 549 96 676 419
Cash Income Taxes Paid		 0.58 - - 1.61 - - - - - 1.30

Quarterly Cash Flow Statements for TORM

No quarterly cash flow statements for TORM are available.

Annual Balance Sheets for TORM

This table presents TORM's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024
Total Assets		 1,571 1,647 1,714 2,004 1,999 2,331 2,614 2,870 3,470
Total Current Assets		 147 261 269 216 244 363 740 691 615
Accounts Receivable		 71 83 93 96 83 124 334 272 244
Inventories, net		 - 6.55 6.20 9.13 266 62 72 109 68
Prepaid Expenses		 - 4.42 2.86 3.47 2.18 5.62 10 15 12
Plant, Property, & Equipment, net		 1,346 1,385 1,445 1,782 1,748 0.00 0.00 0.00 0.00
Total Noncurrent Assets		 79 34 39 41 12 12 14 13 19
Long-Term Investments		 0.33 0.01 0.01 0.00 0.00 0.00 0.20 0.00 0.20
Goodwill		 - - - - 0.00 0.00 5.50 5.40 5.40
Intangible Assets		 - - - - 0.00 0.00 1.90 1.80 2.00
Noncurrent Deferred & Refundable Income Taxes		 -0.20 - - 0.00 0.34 0.65 0.60 0.40 3.10
Other Noncurrent Operating Assets		 79 34 39 41 6.55 6.74 5.50 5.00 7.90
Total Liabilities & Shareholders' Equity		 1,571 1,647 1,714 2,004 1,999 2,331 2,614 2,870 3,470
Total Liabilities		 791 856 867 996 981 1,279 1,111 1,204 1,395
Total Current Liabilities		 29 156 167 195 197 307 206 265 285
Short-Term Debt		 - 92 94 99 103 209 117 173 165
Accounts Payable		 28 26 35 47 14 54 55 44 51
Current Deferred Revenue		 - 0.14 0.06 0.00 0.00 0.00 0.90 3.30 7.50
Current Deferred & Payable Income Tax Liabilities		 0.77 1.39 1.01 1.48 1.42 0.93 2.00 0.60 0.70
Other Current Liabilities		 - 37 37 47 78 44 31 45 61
Total Noncurrent Liabilities		 1,544 699 700 801 784 972 904 939 1,109
Long-Term Debt		 670 629 655 756 740 926 850 887 1,061
Noncurrent Deferred & Payable Income Tax Liabilities		 45 45 45 45 0.00 0.00 6.10 3.60 0.30
Other Noncurrent Operating Liabilities		 816 - - - 0.00 0.00 3.00 3.00 2.90
Total Equity & Noncontrolling Interests		 -2.34 791 847 1,008 1,017 1,052 1,504 1,666 2,075
Total Preferred & Common Equity		 -2.34 791 847 1,008 1,017 1,052 1,501 1,664 2,074
Preferred Stock		 - 0.00 97 101 102 160 168 260 271
Total Common Equity		 -2.34 791 750 906 915 893 1,334 1,404 1,803
Common Stock		 0.62 0.62 0.74 0.75 0.75 0.81 0.80 0.90 1.00
Retained Earnings		 - 786 752 920 939 899 1,298 1,382 1,472
Treasury Stock		 -2.89 -2.89 -2.89 -2.89 -4.24 -4.24 -4.20 -4.20 -4.20
Other Equity Adjustments		 -0.08 7.31 0.25 -12 -20 -3.42 39 25 335
Noncontrolling Interest		 - - - - 0.00 0.00 2.30 1.90 0.80

Quarterly Balance Sheets for TORM

No quarterly balance sheets for TORM are available.

Annual Metrics and Ratios for TORM

This table displays calculated financial ratios and metrics derived from TORM's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 0.00% 24.90% -1.12% -2.71% 9.50% 7.87% -17.22% 134.63% 8.06% 2.53%
EBITDA Growth		 0.00% -92.83% 926.33% -23.82% 169.40% -17.46% -49.30% 459.94% 14.50% 0.34%
EBIT Growth		 0.00% -175.55% 136.87% -92.86% 7,195.92% -32.53% -99.00% 42,987.39% 16.14% -5.70%
NOPAT Growth		 0.00% -153.04% 139.75% -93.83% 11,041.19% -33.31% -99.23% 57,773.59% 14.26% -4.80%
Net Income Growth		 0.00% -213.10% 101.69% -1,544.91% 577.36% -46.93% -147.77% 1,436.69% 15.18% -5.63%
EPS Growth		 0.00% -194.58% 101.76% -1,300.00% 566.67% -46.88% -145.38% 1,359.26% 10.00% -14.97%
Operating Cash Flow Growth		 0.00% -40.86% -35.82% -35.93% 143.10% 37.82% -79.67% 946.97% 60.36% 2.80%
Free Cash Flow Firm Growth		 0.00% 0.00% -13.08% 91.60% -79.43% 22.01% 2,218.67% -80.04% 87.53% 4.78%
Invested Capital Growth		 0.00% 0.00% 132.08% 4.73% 21.86% 12.69% -94.78% 214.18% -6.68% -29.04%
Revenue Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBIT Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
NOPAT Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Income Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EPS Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Profitability Metrics		 - - - - - - - - - -
Gross Margin		 76.70% 36.67% 31.17% 26.85% 36.48% 45.71% 30.37% 54.49% 58.86% 58.80%
EBITDA Margin		 39.68% 2.28% 23.64% 18.51% 45.55% 34.85% 21.35% 50.94% 53.98% 52.83%
Operating Margin		 26.87% -16.30% 6.07% 0.42% 29.74% 18.59% 0.24% 41.37% 44.47% 40.91%
EBIT Margin		 26.91% -16.28% 6.07% 0.45% 29.68% 18.56% 0.23% 41.38% 44.47% 40.91%
Profit (Net Income) Margin		 23.89% -21.63% 0.37% -5.49% 23.93% 11.77% -6.79% 38.70% 41.25% 37.97%
Tax Burden Percent		 100.00% 100.54% 75.60% 104.69% 99.53% 98.42% 103.30% 101.06% 99.39% 100.33%
Interest Burden Percent		 88.77% 132.20% 8.05% -1,177.21% 81.02% 64.45% -2,918.70% 92.55% 93.33% 92.52%
Effective Tax Rate		 0.00% 0.00% 24.40% 0.00% 0.47% 1.58% 0.00% -1.06% 0.61% -0.33%
Return on Invested Capital (ROIC)		 0.00% -24.87% 2.98% 0.13% 12.60% 7.19% 0.10% 278.52% 217.01% 250.32%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% -47.05% -1.53% -5.81% 7.00% 1.71% -161.01% 282.78% 220.67% 253.40%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 12,182.80% -2.37% -4.37% 5.30% 1.51% -4.17% -234.50% -176.12% -217.62%
Return on Equity (ROE)		 0.00% 12,157.94% 0.61% -4.25% 17.90% 8.70% -4.07% 44.02% 40.89% 32.69%
Cash Return on Invested Capital (CROIC)		 0.00% -224.87% -76.57% -4.49% -7.10% -4.74% 180.25% 175.10% 223.91% 284.29%
Operating Return on Assets (OROA)		 0.00% -6.82% 2.46% 0.17% 11.07% 6.94% 0.06% 24.33% 25.48% 20.78%
Return on Assets (ROA)		 0.00% -9.07% 0.15% -2.07% 8.93% 4.40% -1.94% 22.75% 23.63% 19.29%
Return on Common Equity (ROCE)		 0.00% 12,157.94% 0.61% -3.99% 15.98% 7.83% -3.55% 38.35% 35.32% 28.03%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 0.00% 0.30% -4.11% 16.48% 8.66% -4.00% 37.47% 38.94% 29.48%
Net Operating Profit after Tax (NOPAT)		 142 -75 30 1.84 205 137 1.05 608 694 661
NOPAT Margin		 26.87% -11.41% 4.59% 0.29% 29.60% 18.30% 0.17% 41.80% 44.20% 41.04%
Net Nonoperating Expense Percent (NNEP)		 0.00% 22.19% 4.51% 5.93% 5.60% 5.48% 161.10% -4.25% -3.66% -3.08%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - 24.60% 25.47% 20.02%
Cost of Revenue to Revenue		 23.30% 63.33% 68.83% 73.15% 63.52% 54.29% 69.63% 45.51% 41.14% 41.20%
SG&A Expenses to Revenue		 35.87% 6.29% 6.91% 7.55% 6.88% 6.78% 8.32% 3.78% 5.28% 5.94%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 49.83% 52.98% 25.10% 26.44% 6.74% 27.12% 30.12% 13.12% 14.38% 17.89%
Earnings before Interest and Taxes (EBIT)		 142 -107 40 2.82 206 139 1.40 602 699 659
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 209 15 154 117 316 261 132 741 848 851
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 0.00 0.00 0.00 0.00 0.00 0.00 0.49 1.17 1.49 0.93
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.00 0.00 0.00 0.00 0.49 1.18 1.50 0.93
Price to Revenue (P/Rev)		 0.00 0.00 0.00 0.00 0.00 0.00 0.70 1.08 1.33 1.04
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.79 3.23 2.75
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 20.41% 0.00% 10.58% 27.62% 30.13%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 35.91% 31.00% 36.40%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 0.00 0.00 0.00 0.00 16.42 8.17 11.04 14.48
Enterprise Value to Revenue (EV/Rev)		 0.00 0.00 0.00 0.00 0.00 0.00 2.79 1.86 2.17 1.97
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00 0.00 0.00 13.08 3.65 4.02 3.73
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00 0.00 1,239.12 4.49 4.88 4.82
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.00 0.00 1,647.44 4.45 4.91 4.80
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00 0.00 0.00 36.08 5.38 4.24 3.84
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.90 7.08 4.76 4.23
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 0.00 -291.46 0.94 0.88 0.85 0.83 1.08 0.64 0.64 0.59
Long-Term Debt to Equity		 0.00 -291.46 0.83 0.77 0.75 0.73 0.88 0.57 0.53 0.51
Financial Leverage		 0.00 -258.91 1.55 0.75 0.76 0.88 0.03 -0.83 -0.80 -0.86
Leverage Ratio		 0.00 -670.33 4.08 2.05 2.00 1.98 2.09 1.93 1.73 1.69
Compound Leverage Factor		 0.00 -886.16 0.33 -24.15 1.62 1.27 -61.06 1.79 1.61 1.57
Debt to Total Capital		 0.00% 100.34% 48.54% 46.94% 45.91% 45.29% 51.90% 39.14% 38.88% 37.15%
Short-Term Debt to Total Capital		 0.00% 0.00% 5.97% 5.91% 5.32% 5.53% 9.55% 4.74% 6.34% 5.01%
Long-Term Debt to Total Capital		 0.00% 100.34% 42.58% 41.03% 40.60% 39.76% 42.35% 34.40% 32.54% 32.14%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 6.08% 5.44% 5.49% 7.29% 6.78% 9.54% 8.21%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.09% 0.07% 0.02%
Common Equity to Total Capital		 0.00% -0.34% 51.44% 46.98% 48.63% 49.22% 40.80% 53.99% 51.52% 54.62%
Debt to EBITDA		 0.00 45.54 4.85 6.39 2.71 3.23 8.59 1.31 1.25 1.44
Net Debt to EBITDA		 0.00 40.45 4.85 6.39 2.71 3.23 8.59 1.31 1.25 1.44
Long-Term Debt to EBITDA		 0.00 45.54 4.25 5.59 2.39 2.84 7.01 1.15 1.05 1.25
Debt to NOPAT		 0.00 -9.09 24.97 406.70 4.17 6.15 1,081.33 1.59 1.53 1.86
Net Debt to NOPAT		 0.00 -8.07 24.97 406.70 4.17 6.15 1,081.33 1.59 1.53 1.86
Long-Term Debt to NOPAT		 0.00 -9.09 21.90 355.47 3.68 5.40 882.33 1.40 1.28 1.61
Altman Z-Score		 0.00 0.00 0.00 0.00 0.00 0.00 1.04 3.10 3.24 2.52
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.04% 5.94% 10.71% 10.06% 12.64% 12.89% 13.62% 14.27%
Liquidity Ratios		 - - - - - - - - - -
Current Ratio		 0.00 5.01 1.67 1.61 1.11 1.24 1.18 3.58 2.60 2.16
Quick Ratio		 0.00 5.01 0.53 0.56 0.49 0.42 0.40 1.62 1.02 0.85
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 0.00 -680 -769 -65 -116 -90 1,914 382 716 751
Operating Cash Flow to CapEx		 0.00% 143.33% 96.58% 0.00% 53.04% 263.79% 15.48% 3,952.76% 234.08% 0.00%
Free Cash Flow to Firm to Interest Expense		 0.00 -18.21 -18.93 -1.64 -2.77 -1.81 45.15 7.83 11.76 10.13
Operating Cash Flow to Interest Expense		 17.10 4.58 2.71 1.79 4.09 4.72 1.13 10.29 13.22 11.17
Operating Cash Flow Less CapEx to Interest Expense		 17.10 1.39 -0.10 1.79 -3.62 2.93 -6.18 10.03 7.57 11.17
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.00 0.42 0.40 0.38 0.37 0.37 0.29 0.59 0.57 0.51
Accounts Receivable Turnover		 0.00 9.32 8.47 7.18 7.32 8.34 5.97 6.36 5.19 6.25
Inventory Turnover		 0.00 0.00 0.00 72.72 57.52 2.95 2.63 9.87 7.15 7.49
Fixed Asset Turnover		 0.00 0.49 0.48 0.45 0.43 0.42 0.00 0.00 0.00 0.00
Accounts Payable Turnover		 0.00 14.64 16.41 15.13 10.72 13.22 12.69 12.15 13.07 14.09
Days Sales Outstanding (DSO)		 0.00 39.16 43.08 50.85 49.84 43.76 61.09 57.43 70.29 58.36
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 5.02 6.35 123.63 138.82 36.97 51.08 48.76
Days Payable Outstanding (DPO)		 0.00 24.94 22.25 24.13 34.06 27.61 28.76 30.05 27.93 25.91
Cash Conversion Cycle (CCC)		 0.00 14.22 20.83 31.74 22.13 139.78 171.15 64.35 93.45 81.21
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 0.00 605 1,403 1,469 1,791 2,018 105 331 309 219
Invested Capital Turnover		 0.00 2.18 0.65 0.44 0.43 0.39 0.58 6.66 4.91 6.10
Increase / (Decrease) in Invested Capital		 0.00 605 799 66 321 227 -1,912 226 -22 -90
Enterprise Value (EV)		 0.00 0.00 0.00 0.00 0.00 0.00 1,730 2,703 3,411 3,175
Market Capitalization		 0.00 0.00 0.00 0.00 0.00 0.00 435 1,566 2,089 1,677
Book Value per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $12.23 $11.92 $16.42 $17.06 $20.91
Tangible Book Value per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $12.23 $11.92 $16.33 $16.97 $20.82
Total Capital		 0.00 681 1,537 1,597 1,863 1,860 2,188 2,471 2,726 3,301
Total Debt		 0.00 683 746 750 855 842 1,135 967 1,060 1,226
Total Long-Term Debt		 0.00 683 654 655 756 740 926 850 887 1,061
Net Debt		 0.00 607 746 750 855 842 1,135 967 1,060 1,226
Capital Expenditures (CapEx)		 0.00 119 114 0.00 323 89 310 13 344 0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 0.00 41 197 197 120 150 265 650 599 495
Debt-free Net Working Capital (DFNWC)		 0.00 117 197 197 120 150 265 650 599 495
Net Working Capital (NWC)		 0.00 117 105 102 21 47 56 533 426 330
Net Nonoperating Expense (NNE)		 16 67 27 37 39 49 43 45 46 49
Net Nonoperating Obligations (NNO)		 0.00 607 612 622 783 1,000 -947 -1,173 -1,357 -1,856
Total Depreciation and Amortization (D&A)		 67 122 114 114 110 122 131 139 149 192
Debt-free, Cash-free Net Working Capital to Revenue		 0.00% 6.29% 30.26% 31.03% 17.30% 20.02% 42.79% 44.74% 38.10% 30.75%
Debt-free Net Working Capital to Revenue		 0.00% 17.82% 30.26% 31.03% 17.30% 20.02% 42.79% 44.74% 38.10% 30.75%
Net Working Capital to Revenue		 0.00% 17.82% 16.17% 16.13% 3.02% 6.27% 9.06% 36.69% 27.11% 20.48%
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.00 $0.00 $0.04 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $6.54
Adjusted Weighted Average Basic Shares Outstanding		 0.00 0.00 0.00 0.00 0.00 74.86M 81.23M 82.31M 86.23M 97.81M
Adjusted Diluted Earnings per Share		 $0.00 $0.00 $0.04 ($0.48) $2.24 $1.19 ($0.54) $6.80 $7.48 $6.36
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 0.00 0.00 0.00 0.00 74.86M 81.23M 82.31M 86.23M 97.81M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 0.00 0.00 0.00 0.00 74.86M 81.23M 82.31M 86.23M 97.81M
Normalized Net Operating Profit after Tax (NOPAT)		 99 54 33 4.12 92 148 4.30 423 694 461
Normalized NOPAT Margin		 18.81% 8.25% 5.00% 0.65% 13.24% 19.76% 0.69% 29.08% 44.20% 28.63%
Pre Tax Income Margin		 23.89% -21.52% 0.49% -5.24% 24.04% 11.96% -6.58% 38.30% 41.51% 37.85%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 8.38 -2.87 0.97 0.07 4.92 2.78 0.03 12.33 11.47 8.89
NOPAT to Interest Expense		 8.37 -2.01 0.74 0.05 4.90 2.74 0.02 12.45 11.40 8.92
EBIT Less CapEx to Interest Expense		 8.38 -6.07 -1.83 0.07 -2.79 0.99 -7.28 12.07 5.82 8.89
NOPAT Less CapEx to Interest Expense		 8.37 -5.21 -2.07 0.05 -2.80 0.95 -7.28 12.19 5.75 8.92
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 0.00% -17.55% 51.52% 0.00% 0.00% 80.14% 0.00% 29.63% 90.49% 90.48%
Augmented Payout Ratio		 0.00% -17.55% 51.52% 0.00% 0.00% 81.70% -0.68% 29.63% 90.52% 90.48%

Quarterly Metrics and Ratios for TORM

No quarterly metrics and ratios for TORM are available.

Frequently Asked Questions About TORM's Financials

When does TORM's financial year end?

According to the most recent income statement we have on file, TORM's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has TORM's net income changed over the last 9 years?

TORM's net income appears to be on an upward trend, with a most recent value of $611.50 million in 2024, rising from $125.98 million in 2015. The previous period was $648 million in 2023.

What is TORM's operating income?
TORM's total operating income in 2024 was $658.80 million, based on the following breakdown:
  • Total Gross Profit: $946.90 million
  • Total Operating Expenses: $288.10 million
How has TORM revenue changed over the last 9 years?

Over the last 9 years, TORM's total revenue changed from $527.34 million in 2015 to $1.61 billion in 2024, a change of 205.4%.

How much debt does TORM have?

TORM's total liabilities were at $1.39 billion at the end of 2024, a 15.8% increase from 2023, and a 76.4% increase since 2016.

How has TORM's book value per share changed over the last 9 years?

Over the last 9 years, TORM's book value per share changed from 0.00 in 2015 to 20.91 in 2024, a change of 2,091.0%.

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This page (NASDAQ:TRMD) was last updated on 4/16/2025 by MarketBeat.com Staff
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