See more : Grupo Minsa, S.A.B. de C.V. (MINSAB.MX) Income Statement Analysis – Financial Results
Complete financial analysis of TORM plc (TRMD) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of TORM plc, a leading company in the Oil & Gas Midstream industry within the Energy sector.
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TORM plc (TRMD)
About TORM plc
TORM plc, a product tanker company, engages in the transportation of refined oil products and crude oil worldwide. The company transports gasoline, jet fuel, and naphtha. As of March 23, 2022, it operated a fleet of approximately 85 vessels. The company was founded in 1889 and is headquartered in London, the United Kingdom.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.52B | 1.44B | 619.50M | 747.36M | 692.61M | 635.37M | 656.99M | 680.14M | 540.40M | 624.17M | 992.34M | 1.12B | 1.32B | 859.41M | 850.30M | 1.17B | 821.67M | 604.34M | 588.81M | 473.12M | 326.08M | 275.24M | 309.01M | 269.57M | 259.75M |
| Cost of Revenue | 646.28M | 598.49M | 371.80M | 349.85M | 377.86M | 400.00M | 382.86M | 365.57M | 249.00M | 351.99M | 668.34M | 1.05B | 1.24B | 679.67M | 607.79M | 632.21M | 464.05M | 332.90M | 273.85M | 210.93M | 216.88M | 117.76M | 222.23M | 0.00 | 0.00 |
| Gross Profit | 874.11M | 844.86M | 247.70M | 397.51M | 314.75M | 235.36M | 274.14M | 314.57M | 291.41M | 272.19M | 323.99M | 76.13M | 81.03M | 179.75M | 242.51M | 537.80M | 357.62M | 271.44M | 314.95M | 262.20M | 109.20M | 157.48M | 86.78M | 269.57M | 259.75M |
| Gross Profit Ratio | 57.49% | 58.53% | 39.98% | 53.19% | 45.44% | 37.04% | 41.73% | 46.25% | 53.92% | 43.61% | 32.65% | 6.79% | 6.14% | 20.91% | 28.52% | 45.97% | 43.52% | 44.92% | 53.49% | 55.42% | 33.49% | 57.21% | 28.08% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 82.93M | 55.01M | 51.50M | 50.77M | 47.72M | 47.83M | 45.01M | 41.41M | 19.49M | 50.97M | 56.52M | 67.22M | 71.22M | 78.16M | 78.19M | 89.91M | 68.74M | 34.59M | 31.18M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 82.93M | 55.01M | 51.50M | 50.77M | 47.72M | 47.83M | 45.01M | 41.41M | 19.49M | 50.97M | 56.52M | 67.22M | 71.22M | 78.16M | 78.19M | 89.91M | 68.74M | 34.59M | 31.18M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Expenses | 92.58M | 196.11M | 190.10M | 197.56M | 175.89M | 182.41M | 188.79M | 195.55M | 129.17M | 240.95M | 298.85M | 306.18M | 141.66M | 136.62M | 125.44M | 111.58M | 83.89M | 49.08M | 35.32M | 171.28M | 82.04M | -77.38M | -21.82M | -25.64M | 226.86M |
| Operating Expenses | 175.51M | 251.11M | 241.60M | 248.33M | 223.62M | 230.23M | 233.80M | 236.96M | 148.65M | 291.92M | 355.37M | 373.41M | 212.88M | 214.78M | 203.64M | 201.48M | 152.64M | 83.67M | 66.50M | 171.28M | 82.04M | -77.38M | 222.89M | 201.69M | 226.86M |
| Cost & Expenses | 821.79M | 849.60M | 613.40M | 598.18M | 601.48M | 630.24M | 616.66M | 602.53M | 397.65M | 643.90M | 1.02B | 1.42B | 1.45B | 894.45M | 811.43M | 833.69M | 616.69M | 416.57M | 340.35M | 210.93M | 216.88M | 117.76M | 445.11M | 201.69M | 226.86M |
| Interest Income | 14.26M | 4.00M | 200.00K | 500.00K | 2.50M | 2.70M | 4.26M | 200.00K | 300.00K | 100.00K | 0.00 | 500.00K | 1.30M | 500.00K | 1.30M | 7.30M | 17.70M | 4.10M | 3.30M | 236.22M | 124.66M | -0.38 | 6.09M | 0.00 | 0.00 |
| Interest Expense | 60.86M | 48.70M | 42.40M | 47.10M | 39.30M | 35.70M | 40.60M | 29.60M | 15.00M | 57.40M | 0.00 | 74.70M | 58.70M | 50.60M | 52.80M | 79.70M | 73.60M | 41.30M | 26.10M | 17.79M | 13.48M | 12.93M | 15.26M | 0.00 | 0.00 |
| Depreciation & Amortization | 149.31M | 141.22M | 125.83M | 131.06M | 110.35M | 110.79M | 121.73M | 116.67M | 67.33M | 96.31M | 126.90M | 138.23M | 144.83M | 141.41M | 132.78M | 126.07M | 98.68M | 58.92M | 47.89M | 38.40M | 29.91M | 20.54M | 14.02M | 22.03M | 0.00 |
| EBITDA | 862.17M | 737.37M | 132.49M | 258.55M | 330.81M | 119.61M | 170.32M | 14.42M | 209.25M | 40.88M | 35.54M | -366.16M | -247.86M | 55.77M | 166.53M | 565.84M | 323.50M | 277.94M | 312.63M | 481.45M | 221.27M | 49.74M | 93.57M | 89.91M | 32.89M |
| EBITDA Ratio | 56.71% | 51.09% | 22.13% | 36.07% | 29.01% | 18.72% | 24.21% | 28.67% | 38.72% | 9.47% | 9.20% | -20.97% | 0.01% | 10.39% | 20.00% | 41.89% | 39.37% | 45.99% | 53.10% | 101.76% | 67.86% | 18.07% | 30.28% | 33.35% | 12.66% |
| Operating Income | 698.60M | 601.42M | 6.20M | 138.91M | 90.82M | 2.82M | 39.53M | -107.21M | 142.96M | -211.03M | -90.66M | -448.50M | -388.60M | -79.62M | 49.76M | 446.25M | 204.98M | 242.13M | 303.19M | 433.47M | 191.24M | 80.09M | 60.27M | 30.66M | 32.89M |
| Operating Income Ratio | 45.95% | 41.67% | 1.00% | 18.59% | 13.11% | 0.44% | 6.02% | -15.76% | 26.45% | -33.81% | -9.14% | -40.00% | -29.45% | -9.26% | 5.85% | 38.14% | 24.95% | 40.07% | 51.49% | 91.62% | 58.65% | 29.10% | 19.50% | 11.37% | 12.66% |
| Total Other Income/Expenses | -46.60M | -44.76M | -42.14M | -49.38M | -39.09M | -36.04M | -36.35M | -34.52M | -15.93M | -3.55M | -75.50M | -130.58M | -62.79M | -56.62M | -68.81M | -86.18M | 605.23M | -1.05M | -3.82M | 425.26M | 177.87M | 16.27M | -21.82M | -25.64M | -32.89M |
| Income Before Tax | 652.00M | 556.66M | -40.80M | 89.53M | 166.81M | -33.22M | 3.18M | -141.73M | 127.02M | -283.41M | -166.16M | -579.09M | -451.39M | -136.24M | -19.05M | 360.07M | 804.22M | 241.09M | 299.37M | 425.26M | 177.87M | 16.27M | 64.30M | 42.24M | 0.00 |
| Income Before Tax Ratio | 42.88% | 38.57% | -6.59% | 11.98% | 24.08% | -5.23% | 0.48% | -20.84% | 23.51% | -45.41% | -16.74% | -51.65% | -34.21% | -15.85% | -2.24% | 30.78% | 97.88% | 39.89% | 50.84% | 89.88% | 54.55% | 5.91% | 20.81% | 15.67% | 0.00% |
| Income Tax Expense | 4.04M | -5.91M | 1.30M | 1.42M | 784.00K | 1.56M | 777.00K | 760.00K | 1.04M | 769.00K | -3.93M | 1.56M | 1.62M | -982.00K | -1.69M | -1.28M | 12.55M | 6.57M | 4.00K | 17.79M | 13.48M | 12.93M | 15.26M | 48.80M | 0.00 |
| Net Income | 648.27M | 562.75M | -42.10M | 88.11M | 166.02M | -34.78M | 2.41M | -142.49M | 125.98M | -284.18M | -162.23M | -580.64M | -453.01M | -135.26M | -17.36M | 361.35M | 791.68M | 234.51M | 299.36M | 415.69M | 177.76M | 67.16M | 45.01M | 30.66M | 0.00 |
| Net Income Ratio | 42.64% | 38.99% | -6.80% | 11.79% | 23.97% | -5.47% | 0.37% | -20.95% | 23.31% | -45.53% | -16.35% | -51.79% | -34.34% | -15.74% | -2.04% | 30.88% | 96.35% | 38.80% | 50.84% | 87.86% | 54.51% | 24.40% | 14.57% | 11.37% | 0.00% |
| EPS | 7.75 | 7.03 | -0.54 | 1.27 | 2.25 | -0.48 | 0.04 | -2.27 | 2.40 | -12.49 | -3.37 | -9.84 | -9.77 | -2.93 | -0.38 | 7.80K | 17.09K | 5.10K | 6.45K | 8.56K | 3.66K | 1.38K | 926.93 | 631.43 | 0.00 |
| EPS Diluted | 7.48 | 6.90 | -0.54 | 1.27 | 2.25 | -0.48 | 0.04 | -2.27 | 2.40 | -12.49 | -3.37 | -9.84 | -9.77 | -2.93 | -0.38 | 7.80K | 17.09K | 5.10K | 6.45K | 8.56K | 3.66K | 1.38K | 926.93 | 631.43 | 0.00 |
| Weighted Avg Shares Out | 83.60M | 81.30M | 78.10M | 74.30M | 74.00M | 72.46M | 62.00M | 62.77M | 51.70M | 22.75M | 48.11M | 59.00M | 46.36M | 46.22M | 46.16M | 46.16M | 46.16M | 46.29M | 46.42M | 48.56M | 48.56M | 48.56M | 48.56M | 48.56M | 0.00 |
| Weighted Avg Shares Out (Dil) | 86.70M | 82.80M | 78.10M | 74.30M | 74.00M | 73.10M | 62.00M | 62.90M | 51.70M | 22.75M | 48.11M | 59.00M | 46.36M | 46.22M | 46.16M | 46.36M | 46.29M | 46.29M | 46.56M | 48.56M | 48.56M | 48.56M | 48.56M | 48.56M | 0.00 |
Capital increase in TORM due to exercise of Restricted Share Units as part of the Company's incentive program
TORM plc (“TORM”) increases its share capital by 54,905 A-shares (corresponding to a nominal value of USD 549.05) as a result of the exercise of a corresponding number of Restricted Share Units.
Capital increase in TORM due to exercise of Restricted Share Units as part of the Company's incentive program
TORM plc (“TORM”) increases its share capital by 88,399 A-shares (corresponding to a nominal value of USD 883.99) as a result of the exercise of a corresponding number of Restricted Share Units.
TORM plc (TRMD) CEO Jacob Meldgaard on Q2 2021 Results - Earnings Call Transcript
TORM plc (TRMD) CEO Jacob Meldgaard on Q2 2021 Results - Earnings Call Transcript
TORM plc Second Quarter and Half-Year Report 2021
“In the second quarter of 2021, TORM achieved an EBITDA of USD 45m and a profit before tax of USD 2.4m, despite a market which is still impacted by the pandemic. In Q2 2021 , we have seen an increase...
Capital increase in TORM in connection with delivery of vessel
With reference to Company Announcement no. 03 dated 01 March 2021 regarding the acquisition of eight 2007-2012 built MR product tanker vessels from Team Tankers Deep Sea Ltd, TORM plc (“TORM”) has increased its share capital by 824,895 A-shares (corresponding...
Capital increase in TORM in connection with delivery of vessel
With reference to Company Announcement no. 03 dated 01 March 2021 regarding the acquisition of eight 2007-2012 built MR product tanker vessels from Team Tankers Deep Sea Ltd, TORM plc (“TORM”) has increased its share capital by 730,057 A-shares (corresponding...
Capital increase in TORM in connection with delivery of vessel
With reference to Company Announcement no. 03 dated 01 March 2021 regarding the acquisition of eight 2007-2012 built MR product tanker vessels from Team Tankers Deep Sea Ltd, TORM plc (“TORM”) has increased its share capital by 668,423 A-shares (corresponding...
Howard Marks' Oaktree Leans Into Oaktree Special Lending Position
Howard Marks (Trades, Portfolio)' Oaktree Capital Management has revealed a large addition to its position in Oaktree Special Lending Corp. ( OCSL , Financial) according to GuruFocus' Real-Time Picks, a Premium feature.
Capital increase in TORM in connection with delivery of vessel
With reference to Company Announcement no. 03 dated 01 March 2021 regarding the acquisition of eight 2007-2012 built MR product tanker vessels from Team Tankers Deep Sea Ltd, TORM plc (“TORM”) has increased its share capital by 695,768 A-shares (corresponding...
Capital increase in TORM due to exercise of Restricted Share Units as part of the Company's incentive program
TORM plc (“TORM”) increases its share capital by 12,405 A-shares (corresponding to a nominal value of USD 124.05) as a result of the exercise of a corresponding number of Restricted Share Units.
Source: https://incomestatements.info
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