NASDAQ · TRMD
TORM financials
$36.15+2.06%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.34B | $1.56B | $1.52B | $1.44B | $619.5M | $747.4M | $692.6M | $635.4M | $657.0M |
| Gross profit | $917.9M | $1.14B | $1.09B | $983.9M | $378.6M | $519.4M | $424.9M | $352.3M | $657.0M |
| Gross margin | 68.5% | 73.2% | 71.7% | 68.2% | 61.1% | 69.5% | 61.3% | 55.5% | 100.0% |
| Operating income | $337.3M | $607.5M | $648.2M | $591.1M | $1.5M | $138.1M | $205.1M | $1.9M | $36.8M |
| Net income | $285.3M | $612.5M | $648.3M | $562.8M | -$42.1M | $88.1M | $166.0M | -$34.8M | $2.4M |
| Net margin | 21.3% | 39.3% | 42.6% | 39.0% | −6.8% | 11.8% | 24.0% | −5.5% | 0.4% |
| Diluted EPS | $2.85 | $6.36 | $7.48 | $6.80 | $-0.54 | $1.19 | $2.24 | $-0.48 | $0.04 |
| EBITDA | $551.8M | $799.5M | $797.5M | $732.7M | $137.0M | $271.1M | $201.3M | $5.1M | $154.8M |
| Operating cash flow | $498.9M | $826.8M | $805.0M | $502.0M | $47.9M | $235.8M | $171.1M | $70.7M | $109.8M |
| Free cash flow | $190.4M | $244.4M | $295.3M | $382.7M | -$271.8M | $62.8M | -$213.3M | -$131.7M | -$35.3M |
| Diluted shares | 100.1M | 96.3M | 86.7M | 82.8M | 78.4M | 74.3M | 74.0M | 73.1M | 62.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $163.5M | $291.2M | $295.6M | $323.8M | $171.7M | $135.6M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $1.00B | $1.23B | $1.06B | $966.9M | $1.14B | $842.4M |
| Total assets | $3.37B | $3.47B | $2.87B | $2.61B | $2.33B | $2.00B |
| Total liabilities | $1.16B | $1.39B | $1.20B | $1.11B | $1.28B | $981.2M |
| Shareholders' equity | $2.20B | $2.07B | $1.67B | $1.50B | $1.05B | $1.02B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology