TORM revenue and financials

TRMD.A · Nasdaq Copenhagen · DKK

kr 259.60Change from previous close: −0.92%Absolute change: −kr 2.40

Close · October 6, 2026

In the fiscal year ended December 2025, TORM reported revenue of $1.34B (−14.09% year over year). Net income was $285.3M, a net margin of 21.3%.

Annual revenue · 2025: $1.34B
  1. $1.44B2022
  2. $1.52B2023
  3. $1.56B2024
  4. $1.34B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
−14.09%
2025 vs 2024
Net income growth
−53.42%
2025 vs 2024
Net margin
21.3%
2024: 39.3%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Income statement · Quarterly
ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025
Total revenue—402353343315329
Cost of revenue—174156159157164
Gross profit—228196184158165
Selling, general and administrative—23.029.229.224.525.9
Operating income—13797.697.769.272.9
EBIT—14397.610378.286.1
EBITDA—203154156130139
Interest expense—18.910.023.717.817.8
Pre-tax income—12487.678.860.468.3
Income tax—1.60.81.21.75.4
Net income—12286.877.658.662.9
Net income to common shareholders—12286.877.658.662.9
Basic EPS3.311.21—0.790.600.64
Diluted EPS3.251.18—0.770.580.62
Average shares (basic)102102—98.097.897.4
Average shares (diluted)104103—101101101