Wall Street analyst estimates for TORM plc (TRMD): consensus price target, buy/hold/sell recommendations and forecasts for revenue, EPS and EBITDA for the upcoming fiscal years.
TORM plc operates as a global product tanker company, focusing on the marine transportation of refined petroleum products, such as gasoline, jet fuel, and naphtha, alongside crude oil. As of March 23, 2022, the company maintained an active fleet of approximately 85 vessels. Established in 1889, its main office is situated in London, United Kingdom.
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-11-04 | $1.54 | ||
| 2026-08-26 | $3.25 | $3.31 | -1.8% |
| 2026-05-13 | $1.18 | $1.33 | -11.3% |
| 2026-02-26 | $0.87 | $0.83 | +4.7% |
| 2025-11-06 | $0.77 | $0.82 | -5.6% |
| 2025-08-14 | $0.58 | $0.57 | +1.8% |
| 2025-05-08 | $0.62 | $0.64 | -3.1% |
| 2025-03-06 | $0.75 | $0.81 | -7.4% |
Valuation Ratios
| P/E Ratio | 6.39 |
| Price / Book | 1.56 |
| EV / EBITDA | 5.15 |
| Dividend Yield | 11.21% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $680.1M | $657.0M | $635.4M | $692.6M | $747.4M | $619.5M | $1.44B | $1.52B | $1.56B | $1.39B |
| Cost of Revenue | $365.6M | $382.9M | $400.0M | $377.9M | $349.8M | $371.8M | $598.5M | $579.6M | $610.5M | $915.7M |
| Gross Profit | $314.6M | $274.1M | $235.4M | $314.7M | $397.5M | $247.7M | $844.9M | $940.8M | $948.7M | $474.2M |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | $41.4M | $45.0M | $47.8M | $47.7M | $50.8M | $51.5M | $55.0M | $82.9M | $95.6M | $118.6M |
| Operating Expenses | $237.0M | $233.8M | $230.2M | $108.9M | $258.6M | $246.3M | $243.4M | $242.2M | $289.9M | $118.6M |
| Operating Income | -$107.2M | $39.5M | $2.8M | $205.9M | $138.9M | $1.4M | $601.5M | $698.6M | $658.8M | $355.6M |
| EBITDA | $14.4M | $170.3M | $119.6M | $316.2M | $258.6M | $132.5M | $744.4M | $857.4M | $871.8M | $605.5M |
| Interest Expense | $33.2M | $40.6M | $40.7M | $52.9M | $77.8M | $42.4M | $48.7M | $56.1M | $69.9M | $76.7M |
| Pre-tax Income | -$141.7M | $3.2M | -$33.2M | $166.8M | $89.5M | -$40.7M | $556.7M | $652.0M | $609.5M | $306.3M |
| Income Tax | $760,000 | $777,000 | $1.6M | $784,000 | $1.4M | $1.3M | -$5.9M | $4.0M | -$2.0M | $9.5M |
| Net Income | -$142.5M | $2.4M | -$34.8M | $166.0M | $88.1M | -$42.1M | $562.8M | $648.3M | $612.5M | $296.0M |
| EPS | $-2.27 | $0.04 | $-0.48 | $2.25 | $1.27 | $-0.54 | $7.03 | $7.75 | $6.54 | $3.01 |
| EPS (Diluted) | $-2.27 | $0.04 | $-0.48 | $2.25 | $1.27 | $-0.54 | $6.90 | $7.48 | $6.36 | $2.96 |
| Shares Outstanding (Diluted) | $62.9M | $62.0M | $73.1M | $74.0M | $74.3M | $78.1M | $82.8M | $86.7M | $96.3M | $100.1M |
Price
| Price | $38.80 |
| Market Cap | $4.0B |
| Exchange | NASDAQ |
| Country | GB |
Related companies: DHT · DKL · GEL · INSW · KNTK · NOG
Explore sector: Industrials · Marine Shipping
More sections of TRMD: Overview · Financials · Valuation · Statistics · Technical · Ownership · News · Events
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