Financials in USD. Standardized financial statements.
A compact view of how TORM plc turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $1.39B | $1.56B | $1.52B | $1.44B | $619.53M | $747.36M | $692.61M | $635.37M | $656.99M | $680.14M |
| Revenue Growth? | -10.9% | +2.6% | +5.3% | +133.0% | -17.1% | +7.9% | +9.0% | -3.3% | -3.4% | 0.0% |
| Cost of Revenue? | $915.66M | $610.50M | $579.60M | $598.50M | $371.79M | $349.85M | $377.86M | $400.00M | $382.86M | $365.57M |
| Gross Profit? | $474.17M | $948.70M | $940.80M | $844.90M | $247.74M | $397.51M | $314.75M | $235.36M | $274.13M | $314.57M |
| Gross Margin? | +34.1% | +60.8% | +61.9% | +58.5% | +40.0% | +53.2% | +45.4% | +37.0% | +41.7% | +46.3% |
| Operating Expenses? | $118.60M | $289.90M | $242.20M | $243.40M | $246.35M | $258.60M | $108.86M | $230.23M | $233.80M | $236.96M |
| Operating Income? | $355.58M | $658.80M | $698.60M | $601.50M | $1.40M | $138.91M | $205.89M | $2.82M | $39.53M | -$107.21M |
| EBITDA? | $605.53M | $871.80M | $857.40M | $744.40M | $132.49M | $258.55M | $316.23M | $119.61M | $170.32M | $14.42M |
| Income Before Tax | $306.29M | $609.50M | $652.00M | $556.70M | -$40.74M | $89.53M | $166.81M | -$33.22M | $3.18M | -$141.73M |
| Income Tax Expense | $9.55M | -$2.00M | $4.00M | -$5.90M | $1.34M | $1.42M | $784,000 | $1.56M | $777,000 | $760,000 |
| Net Income? | $296.02M | $612.50M | $648.30M | $562.80M | -$42.09M | $88.11M | $166.02M | -$34.78M | $2.41M | -$142.49M |
| EPS? | $3.01 | $6.54 | $7.75 | $7.03 | $-0.54 | $1.27 | $2.25 | $-0.48 | $0.04 | $-2.27 |
| Diluted EPS? | $2.96 | $6.36 | $7.48 | $6.90 | $-0.54 | $1.27 | $2.25 | $-0.48 | $0.04 | $-2.27 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality