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Torm/DKr TRMD A

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About Torm

TORM plc is a global shipping company primarily engaged in transporting refined oil products, such as gasoline, jet fuel, and diesel oil. Its core business operates within the shipping industry, focusing on the product tanker sector. The company provides seaborne transportation services through its fleet of modern and standardized vessels, which are deployed globally to serve major energy companies and independent traders. Founded in 1889, TORM is headquartered in Copenhagen, Denmark, and has additional offices worldwide to support its extensive operations. The company's strategic positioning includes its emphasis on a high-quality fleet and operational efficiency, reinforced by strong customer relationships and an experienced management team.
Ticker
DKr TRMD A
Sector
Energy
Primary listing
CSE
Employees
597

Torm Metrics

BasicAdvanced
kr 29B
6.92
kr 41.13
0.04
kr 28.78
10.12%

What the Analysts think about Torm

Analyst ratings (Buy, Hold, Sell) for Torm stock.
Analyst projections of the future price of Torm stock.

Bulls say / Bears say

TORM raised its 2026 guidance in October, now expecting TCE earnings of USD 1.7–1.9bn and EBITDA of USD 1.3–1.5bn. The upgrade reflects continued product-tanker strength and gives investors a higher near-term earnings base. (TORM)
Effective supply of clean product tankers has tightened: TORM reported that roughly two-thirds of LR2s were trading in crude, reducing clean-carrying capacity by about 5%. Longer and disrupted routes can also keep vessels occupied for more days, supporting freight demand. (TORM)
TORM’s strong cash generation supports meaningful shareholder returns: it declared a USD 2.40 per-share dividend for Q2, equal to 73% of net profit. Its net loan-to-value ratio was 22.4% at the end of June, leaving balance-sheet capacity alongside those distributions. (TORM)
The exceptional freight market is exposed to geopolitical disruption and is highly volatile, so earnings could fall if key routes reopen and trade flows normalise. TORM itself says it has limited visibility on unfixed rates, which may be materially higher or lower than expected. (TORM)
MR tankers have already faced class-specific rate pressure: TORM said a record number of vessels ballasting towards the US Gulf weighed on MR rates in the second half of Q2. This shows that vessel oversupply in a key trade region can weaken earnings even when the wider market is strong. (TORM)
TORM’s fleet expansion brings substantial investment and could add capacity as the market turns: it acquired six MR resale vessels and agreed to buy six MR newbuildings, with deliveries running from 2027 to 2029. If freight markets weaken before those ships arrive, the commitments may deliver lower returns and compete with shareholder distributions. (TORM)
Data summarised monthly by Lightyear AI. Last updated on 27 Oct 2026.

Torm Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

Torm Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

Funds containing Torm

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Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.