Torm plc (TRMD) | Financial Analysis & Statements

Torm plc | Small-cap | Energy

$17.31

1.17%

Torm plc vs Enbridge Torm plc vs Williams Companies Torm plc vs International Torm plc vs DHT Holdings Torm plc vs CMB Tech N.V Torm plc vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 1.6B

Gross Profit 948.7M 60.85%

Operating Income 607.5M 38.96%

Net Income 611.5M 39.22%

EPS (Diluted) $6.36

Balance Sheet Metrics

Total Assets 3.5B

Total Liabilities 1.4B

Shareholders Equity 2.1B

Debt to Equity 0.67

Cash Flow Metrics

Operating Cash Flow 920.3M

Free Cash Flow 243.3M

Revenue & Profitability Trend

Torm plc Income Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Revenue	1.6B	1.5B	1.4B	619.5M	747.4M
Cost of Goods Sold	610.5M	579.6M	598.5M	371.8M	349.8M
Gross Profit	948.7M	940.8M	844.9M	247.7M	397.5M
Operating Expenses	341.2M	292.5M	251.1M	241.6M	248.3M
Operating Income	607.5M	648.2M	593.7M	6.1M	149.2M
Pre-tax Income	609.5M	652.0M	556.7M	-40.7M	89.5M
Income Tax	-2.0M	4.0M	-5.9M	1.3M	1.4M
Net Income	611.5M	648.0M	562.6M	-42.1M	88.1M
EPS (Diluted)	$6.36	$7.48	$6.80	-$0.54	$1.19

Income Statement Trend

Torm plc Balance Sheet From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Assets
Current Assets	615.3M	691.3M	739.7M	363.3M	243.7M
Non-Current Assets	2.9B	2.2B	1.9B	2.0B	1.8B
Total Assets	3.5B	2.9B	2.6B	2.3B	2.0B
Liabilities
Current Liabilities	285.4M	265.5M	206.4M	307.2M	196.7M
Non-Current Liabilities	1.1B	938.7M	904.1M	971.6M	784.5M
Total Liabilities	1.4B	1.2B	1.1B	1.3B	981.2M
Equity
Total Shareholders Equity	2.1B	1.7B	1.5B	1.1B	1.0B

Balance Sheet Composition

Torm plc Cash Flow Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income	611.5M	648.0M	562.6M	-42.1M	88.1M
Operating Cash Flow	920.3M	920.0M	567.5M	89.5M	278.2M
Investing Activities
Capital Expenditures	-451.8M	-343.3M	-12.7M	-309.8M	-89.4M
Investing Cash Flow	-441.0M	-370.0M	11.9M	-290.6M	-119.8M
Financing Activities
Dividends Paid	-553.3M	-586.4M	-166.7M	0	-70.6M
Financing Cash Flow	-378.3M	-489.4M	-337.6M	298.0M	-82.5M
Free Cash Flow	243.3M	294.9M	382.0M	-271.8M	62.8M

Cash Flow Trend

Torm plc Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 3.73

Forward P/E 4.07

Price to Book 0.80

Price to Sales 1.22

PEG Ratio 4.07

Profitability Ratios

Profit Margin 32.21%

Operating Margin 22.15%

Return on Equity 22.11%

Return on Assets 8.48%

Financial Health

Current Ratio 2.55

Debt to Equity 55.19

Beta -0.05

Per Share Data

EPS (TTM) $4.72

Book Value per Share $21.90

Revenue per Share $15.12

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
trmd	1.8B	3.73	0.80	22.11%	32.21%	55.19
Enbridge	98.3B	22.81	1.59	9.46%	10.33%	144.81
Williams Companies	73.9B	32.52	5.93	16.20%	20.61%	184.40
International	1.9B	6.05	1.03	17.57%	37.39%	32.85
DHT Holdings	1.9B	10.59	1.77	16.95%	31.72%	34.74
CMB Tech N.V	1.7B	4.00	1.34	18.23%	44.88%	205.74

Financial data is updated regularly. All figures are in the company's reporting currency.