TORM (TRMD)
Operates product tankers carrying refined fuels through an integrated commercial and technical platform.
$34.66
After hours+0.03 (+0.09%)
At close$34.63(−6.71%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 358 | 388 | 444 | 438 | 372 | 305 | 329 | 315 | 343 | 355 | 396 | 649 |
| Cost of revenue | 152 | 160 | 155 | 157 | 155 | 143 | 164 | 157 | 219 | 220 | 238 | 277 |
| Gross profit | 207 | 228 | 289 | 281 | 217 | 163 | 165 | 158 | 124 | 135 | 158 | 372 |
| 67 | 33 | 66 | 76 | 74 | 73 | 83 | 84 | 27 | 37 | 23 | 24 | |
| 19 | 24 | 26 | 24 | 23 | 23 | 26 | 25 | 27 | 37 | 23 | 24 | |
| General & administrative | 19 | 24 | 26 | 24 | 23 | 23 | 26 | 25 | 0 | 0 | 0 | 0 |
| Other expenses | 48 | 8 | 40 | 52 | 52 | 50 | 57 | 59 | 0 | 0 | 0 | 0 |
| Operating income | 140 | 195 | 223 | 204 | 142 | 90 | 82 | 75 | 97 | 98 | 135 | 348 |
| −12 | −10 | −12 | −11 | −12 | −15 | −14 | −14 | −19 | −10 | −13 | −16 | |
| Interest income | 4 | 3 | 6 | 8 | 7 | 4 | 4 | 4 | 4 | 3 | 2 | 2 |
| Interest expense | 17 | 14 | 18 | 19 | 18 | 18 | 18 | 18 | 24 | 15 | 19 | 18 |
| Other non-operating income | −4 | −3 | −6 | −8 | −7 | 0 | −4 | −4 | −5 | −5 | −6 | 0 |
| Income before tax | 128 | 185 | 211 | 193 | 131 | 75 | 68 | 60 | 79 | 88 | 122 | 332 |
| Income tax expense | 3 | 0 | 2 | −1 | 0 | −3 | 5 | 2 | 1 | 1 | 2 | 1 |
| Net income from continuing operations | 124 | 185 | 209 | 194 | 131 | 77 | 63 | 59 | 78 | 87 | 121 | 331 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | −1 | 0 | 0 | 0 | 0 | 0 |
| Net income | 124 | 185 | 209 | 195 | 131 | 78 | 63 | 59 | 78 | 87 | 121 | 331 |
| EPS, basic | $1.47 | $2.21 | $2.34 | $2.07 | $1.38 | $0.81 | $0.64 | $0.60 | $0.79 | $0.88 | $1.19 | $3.24 |
| EPS, diluted | $1.42 | $2.17 | $2.26 | $2.01 | $1.35 | $0.80 | $0.62 | $0.58 | $0.77 | $0.88 | $1.17 | $3.18 |
| Weighted average shares, basic | 84 | 86 | 90 | 94 | 94 | 98 | 97 | 98 | 98 | 100 | 102 | 102 |
| Weighted average shares, diluted | 88 | 87 | 93 | 96 | 97 | 98 | 101 | 101 | 101 | 100 | 103 | 104 |
| EBITDA | 182 | 238 | 272 | 259 | 199 | 142 | 139 | 130 | 156 | 160 | 199 | 407 |
| Depreciation & amortization | 38 | 39 | 43 | 47 | 49 | 53 | 53 | 52 | 53 | 56 | 59 | 59 |
| EBIT | 144 | 199 | 229 | 212 | 149 | 90 | 86 | 78 | 103 | 104 | 141 | 348 |
