TRMDNasdaqDeep Sea Foreign Transportation of FreightFiscal year ends December 31
TORM plc
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 20-F on Feb 26, 2026
$37.61−0.59 (-1.54%)
Close on Oct 19, 2026
- Market cap
- $3.92B
- P/E (TTM)
- 13.2
- Dividend yield
- 5.64%
TORM plc revenue by segment
By business segment
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2015 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Tanker segment | $1.31B | $1.54B | $1.49B | – | – | – | – | 98.1% | -14.9% |
| Marine Engineering segment | $37.20M | $29.60M | $48.00M | $5.90M | – | – | – | 2.8% | +25.7% |
| Tanker Segment | – | – | – | – | – | – | $538.70M | – | – |
| Bulk Segment | – | – | – | – | – | – | $1.70M | – | – |
| Marine Exhaust segment | – | – | $48.00M | $5.90M | $0 | – | – | – | – |
| Tanker segment | – | $1.54B | $1.49B | $1.44B | $619.50M | $747.40M | – | – | – |
| Operating income | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2015 | YoY |
|---|---|---|---|---|---|---|---|---|
| Tanker segment | $354.40M | $660.80M | $699.10M | $601.90M | – | – | – | -46.4% |
| Tanker segment | $354.40M | $660.80M | $699.10M | $602.00M | – | – | – | -46.4% |
| Marine Engineering segment | $4.40M | $2.70M | $4.20M | $0 | – | – | – | +63.0% |
| Tanker Segment | – | – | – | – | – | – | $169.60M | – |
| Bulk Segment | – | – | – | – | – | – | -$1.00M | – |
| Marine Exhaust segment | – | – | $4.20M | $0 | – | – | – | – |
By product or service
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2015 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Transportation of oil products and chemicals | $1.31B | $1.54B | $1.49B | $1.44B | $619.50M | $747.40M | – | 98.1% | -14.9% |
| Scrubbers and related services | $18.70M | $9.10M | $21.70M | $1.20M | $0 | – | – | 1.4% | +105.5% |
| Welding and mounting | $4.30M | $4.90M | $5.30M | $1.10M | $0 | – | – | 0.3% | -12.2% |
| Others | $2.30M | $1.20M | $2.00M | $700.00K | $0 | – | – | 0.2% | +91.7% |
By region
From the segment and revenue-disaggregation notes of TORM's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.