Company research
TORM plc
CIK 1655891Updated Sep 25, 2026
SecurityTRMD · NASDAQ · equity
TRMD price & chart
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NASDAQ:TRMD on TradingView ↗About the company
TORM is one of the world’s leading carriers of refined oil products. TORM operates a fleet of product tanker vessels with a strong commitment to safety. environmental responsibility and customer service. TORM was founded in 1889 and conducts business worldwide. TORM’s shares are listed on Nasdaq in Copenhagen and on Nasdaq in New York (ticker: TRMD A and TRMD. ISIN: GB00BZ3CNK81). For further information, please visit www.torm.com.
In the news
TORM plc announces secondary public offering of its class A common shares by a selling shareholder ↗
Recent filings
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
Source
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Profit or LossUSD | 286,000,000Source | 611,500,000Source | 647,967,000Source | 562,574,000Source |
| Cash flows from financing activities: | ||||
| Dividends paid | — | — | — | — |
| Additional Financial Items | ||||
| AdjustmentsForCurrentTaxOfPriorPeriodUSD | -300,000Source | -1,000,000Source | 0Source | -100,000Source |
| AdjustmentsForFinanceCostsUSD | 74,400,000Source | 74,100,000Source | 60,858,000Source | 48,793,000Source |
| AdjustmentsForFinanceIncomeUSD | 13,300,000Source | 24,800,000Source | 14,259,000Source | 4,037,000Source |
| AdjustmentsForIncomeTaxExpenseUSD | 9,200,000Source | -2,000,000Source | 4,035,000Source | -5,911,000Source |
| AdjustmentsForSharebasedPaymentsUSD | 34,100,000Source | 30,200,000Source | 22,500,000Source | 2,200,000Source |
| AdjustmentsForUnrealisedForeignExchangeLossesGainsUSD | 500,000Source | -600,000Source | 100,000Source | -300,000Source |
| DividendsPaidClassifiedAsFinancingActivitiesUSD | 199,700,000Source | 553,300,000Source | 586,384,000Source | 166,658,000Source |
| DividendsPaidOrdinarySharesPerShareUSD per share | — | — | — | 2.04Source |
| DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwnersUSD | 0Source | 0Source | 126,300,000Source | — |
| DividendsRecognisedAsDistributionsToOwnersOfParentRelatingToCurrentYearUSD | 209,900,000Source | 485,300,000Source | 370,900,000Source | 378,700,000Source |
| GoodwillUSD | 1,800,000Source | 1,700,000Source | 1,795,000Source | 1,835,000Source |
| IncreaseDecreaseInWorkingCapitalUSD | 33,500,000Source | -47,800,000Source | -47,817,000Source | 180,915,000Source |
| InterestPaidClassifiedAsOperatingActivitiesUSD | 70,000,000Source | 66,900,000Source | 65,995,000Source | 49,631,000Source |
| InterestReceivedClassifiedAsOperatingActivitiesUSD | 11,900,000Source | 24,800,000Source | 14,259,000Source | 4,037,000Source |
| ProceedsFromBorrowingsClassifiedAsFinancingActivitiesUSD | 338,000,000Source | 419,400,000Source | 676,374,000Source | 96,254,000Source |
| ProceedsFromIssuingSharesUSD | 2,300,000Source | 12,500,000Source | 6,187,000Source | 8,015,000Source |
| ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivitiesUSD | 143,800,000Source | 130,600,000Source | 166,362,000Source | 106,623,000Source |
| PurchaseOfIntangibleAssetsClassifiedAsInvestingActivitiesUSD | 1,800,000Source | 1,100,000Source | 563,000Source | 618,000Source |
| RepaymentsOfBorrowingsClassifiedAsFinancingActivitiesUSD | 567,700,000Source | 256,300,000Source | 585,404,000Source | 275,155,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Additional Financial Items | ||||
| AdministrativeExpenseUSD | 113,800,000Source | 95,600,000Source | 82,932,000Source | 55,005,000Source |
| AuditorsRemunerationForTaxServicesUSD | 0Source | 0Source | 0Source | 0Source |
| AverageEffectiveTaxRatenumber | 0.03Source | 0Source | 0.01Source | -0.01Source |
| BasicEarningsLossPerShareUSD per share | 2.91Source | 6.54Source | 7.75Source | 6.92Source |
| CurrentTaxExpenseIncomeUSD | 1,400,000Source | 1,000,000Source | 600,000Source | 500,000Source |
| DeferredTaxExpenseIncomeUSD | 6,700,000Source | -3,300,000Source | 2,200,000Source | -7,300,000Source |
| DeferredTaxExpenseIncomeRecognisedInProfitOrLossUSD | — | — | — | 7,300,000Source |
| DepreciationAndAmortisationExpenseUSD | 214,500,000Source | 192,000,000Source | 149,311,000Source | 139,023,000Source |
| DilutedEarningsLossPerShareUSD per share | 2.85Source | 6.36Source | 7.48Source | 6.8Source |
| EmployeeBenefitsExpenseUSD | 97,300,000Source | 86,900,000Source | 77,900,000Source | 49,700,000Source |
| ExpenseFromSharebasedPaymentTransactionsWithEmployeesUSD | 34,100,000Source | 30,300,000Source | 23,000,000Source | 2,900,000Source |
| FinanceCostsUSD | 74,400,000Source | 74,100,000Source | 60,858,000Source | 48,793,000Source |
| FinanceIncomeUSD | 13,300,000Source | 24,800,000Source | 14,259,000Source | 4,037,000Source |
| ImpairmentLossRecognisedInProfitOrLossGoodwillUSD | — | 0Source | — | 0Source |
| ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossUSD | 0Source | 0Source | 0Source | 2,647,000Source |
| IncomeTaxExpenseContinuingOperationsUSD | 9,200,000Source | -2,000,000Source | 4,035,000Source | -5,911,000Source |
| InterestExpenseOnLeaseLiabilitiesUSD | 800,000Source | 600,000Source | 500,000Source | 200,000Source |
| OperatingLeaseIncomeUSD | 129,300,000Source | 145,600,000Source | 43,800,000Source | 64,700,000Source |
| OtherEmployeeExpenseUSD | 2,600,000Source | 4,700,000Source | 2,800,000Source | 3,200,000Source |
| OtherFinanceCostUSD | 1,500,000Source | 1,000,000Source | 3,300,000Source | 200,000Source |
| OtherOperatingIncomeExpenseUSD | 100,000Source | -500,000Source | 6,355,000Source | 5,992,000Source |
| PostemploymentBenefitExpenseDefinedContributionPlansUSD | 4,700,000Source | 4,200,000Source | 3,800,000Source | 3,300,000Source |
| ProfitLossAttributableToNoncontrollingInterestsUSD | 700,000Source | -1,000,000Source | -298,000Source | -180,000Source |
| ProfitLossAttributableToOwnersOfParentUSD | 285,300,000Source | 612,500,000Source | 648,265,000Source | 562,754,000Source |
| ProfitLossBeforeTaxUSD | 295,200,000Source | 609,500,000Source | 652,002,000Source | 556,663,000Source |
| ProfitLossFromOperatingActivitiesUSD | 356,300,000Source | 658,800,000Source | 698,601,000Source | 601,419,000Source |
Filing attachments
p15100061_ex99-1.htm · 6-K · 2026-09-24
Exhibit 99.1 COMPANY ANNOUNCEMENT TORM plc capital increase in connection with exercise of Restricted Share Units as part of TORM’s incentive program TORM plc (Nasdaq: TRMD or TRMD A) has increased its share capital by 97,089 Class A shares, corresponding to a nominal increase of USD 970.89, as a result of the exercise of a corresponding number of Restricted Share Units (“RSUs”). Of the new shares issued, 95,700 Class A shares were subscribed for in cash at DKK 179.80 per share and 1,389 …
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