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Torm/$TRMD

1D1W1M3M6MYTD1Y5YMAX

About Torm

TORM PLC operates as a shipping company mainly owning and operating a fleet of product tankers. It is engaged in the transportation of refined oil products and clean petroleum products, including gasoline, jet fuel, naphtha, and diesel oil. The Company operates through two segments: the Tanker segment and the Marine Engineering segment, deriving the majority of its revenue from the Tanker segment.
Ticker
$TRMD
Sector
Energy
Primary listing
NASDAQ
Employees
597

Torm Metrics

BasicAdvanced
$4.2B
6.66
$6.14
0.04
$4.42
23.46%

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 posted a record second quarter, with TCE earnings of USD 512m and net profit of USD 338m, and raised its 2026 TCE guidance to USD 1.4–1.6bn. That points to exceptional near-term earnings momentum. (PR Newswire)
The shift of LR2 tankers from clean products into crude trade reduced effective clean-product carrying capacity by about 5% in the first half of 2026. Tighter available supply supports product tanker rates while that capacity remains elsewhere. (SEC)
TORM declared a USD 2.40 per-share dividend for Q2, while net debt was USD 715m and net loan-to-value was 22.4%. The strong distribution and moderate leverage give shareholders a meaningful cash return alongside balance-sheet flexibility. (SEC)
The record freight market was driven in part by disruption around the Strait of Hormuz, so a lasting return to more normal trade flows could remove an important source of rate support. TORM itself noted that product flows had partly recovered during a temporary ceasefire before renewed disruption. (Inderes)
TORM remains exposed to freight-rate swings: 10,271 earning days in 2026 were still open, and a USD 1,000 change in daily rates would move EBITDA by about USD 10m. That leaves a material part of full-year earnings sensitive to market prices. (SEC)
TORM is adding six MR resale vessels and has agreed to six MR newbuilds, with deliveries extending to 2029; the sector orderbook also creates a risk of more capacity coming to market. If demand growth falls short, the fleet expansion could coincide with weaker freight rates. (SEC, Inderes)
Data summarised monthly by Lightyear AI. Last updated on 30 Sept 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

Funds
Fund name
Fund size
$TRMD weighting
iShares World Equity High Income Active£WINC
$685M0.02%
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.
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