TRMD-A.CO
TORM plc
CopenhagenDKKEQUITY
Energy
DELAYED
Last price
207.00
▲ 8.00 (4.02%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
Lower pane
Tool
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
202.40
Prev close
199.00
Day high
208.80
Day low
199.50
Volume
246.37K
Market cap
$21.19B
P/E (TTM)
9.49
52W range
122.65 – 229.40
Day trading desk
Gap from prior close
+1.71%
Prior close 199.00
VWAP
206.10
+0.44% from price
Relative volume
5.60×
Unusually busy
Session range
4.66%
199.50 – 208.80
Position in range
81%
Near session high
ATR (14D)
5.84
2.82% of price
Prior day high
204.00
PDH
Prior day low
197.80
PDL
Bid / ask spread
—
Quote not published
Session volume
1.05M
Avg 187.94K
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
+6.98%
+8.3%
1M
+5.45%
+1.7%
3M
+2.17%
-0.9%
6M
+22.63%
+11.6%
YTD
+63.12%
+50.8%
1Y
+61.03%
+41.0%
3Y
+17.61%
-56.6%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on TRMD-A.CO open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
14.15M
Total on file
Fundamentals
Market cap$21.19B
Enterprise value$22.01B
Revenue (TTM)$1.41B
Gross profit$733.10M
EBITDA$619.60M
Net income$345.40M
EPS (TTM)$21.82
Free cash flow$-20.82M
Total cash$202.90M
Total debt$1.08B
Book value / share$140.39
Shares outstanding102.37M
Float67.67M
Short % of float—
Dividend yield8.77%
Beta (5Y)0.04
Valuation & profitability ratios
Trailing P/E9.49
Forward P/E9.37
PEG ratio2.85
Price / sales—
Price / book1.47
EV / revenue15.59
EV / EBITDA35.53
Gross margin51.91%
Operating margin34.15%
Profit margin24.45%
Return on equity15.65%
Return on assets7.15%
Debt / equity47.59
Current ratio1.40
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $1.34B | $1.56B | $1.52B | $1.44B | -14.1% |
| Operating revenue | $1.34B | $1.56B | $1.52B | $1.44B | -14.1% |
| Cost of revenue | $636.10M | $610.50M | $579.60M | $598.50M | +4.2% |
| Gross profit | $703.40M | $948.70M | $940.80M | $844.90M | -25.9% |
| Selling, general & admin | $113.80M | $95.60M | $82.90M | $55.00M | +19.0% |
| Total operating expense | $366.10M | $341.20M | $292.60M | $251.20M | +7.3% |
| Operating income | $337.30M | $607.50M | $648.20M | $593.70M | -44.5% |
| Net interest income | -$61.40M | -$48.60M | -$46.20M | -$44.30M | -26.3% |
| Pre-tax income | $295.20M | $609.50M | $652.00M | $556.70M | -51.6% |
| Tax provision | $9.20M | -$2.00M | $4.00M | -$5.90M | +560.0% |
| Net income | $285.30M | $612.50M | $648.30M | $562.80M | -53.4% |
| Net income to common | $285.30M | $612.50M | $648.30M | $562.80M | -53.4% |
| Basic EPS | 2.91 | 6.54 | 7.75 | 6.92 | -55.5% |
| Diluted EPS | 2.85 | 6.36 | 7.48 | 6.80 | -55.2% |
| EBIT | $364.30M | $679.80M | $708.10M | $605.40M | -46.4% |
| EBITDA | $578.80M | $871.80M | $857.40M | $744.40M | -33.6% |
| Basic shares | 98.20M | 93.60M | 83.60M | 81.30M | +4.9% |
| Diluted shares | 100.10M | 96.30M | 86.70M | 82.80M | +3.9% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $158.10M | $271.90M | $265.50M | $320.50M | -41.9% |
| Cash & short-term investments | $158.10M | $271.90M | $265.50M | $320.50M | -41.9% |
| Accounts receivable | $214.70M | $183.90M | $211.70M | $259.50M | +16.7% |
| Inventory | $66.50M | $68.40M | $61.70M | $72.00M | -2.8% |
| Total current assets | $531.90M | $615.30M | $691.20M | $739.70M | -13.6% |
| Property, plant & equipment | $2.82B | $2.84B | $2.17B | $1.87B | -0.7% |
| Goodwill & intangibles | $5.80M | $3.70M | $3.60M | $3.70M | +56.8% |
| Total assets | $3.37B | $3.47B | $2.87B | $2.61B | -3.0% |
| Total current liabilities | $401.40M | $285.40M | $265.40M | $206.40M | +40.6% |
| Current debt | $288.80M | $165.30M | $172.70M | $117.10M | +74.7% |
| Long-term debt | $714.30M | $1.06B | $886.90M | $849.80M | -32.7% |
| Total debt | $1.00B | $1.23B | $1.06B | $966.90M | -18.2% |
| Total liabilities | $1.16B | $1.39B | $1.20B | $1.11B | -16.5% |
| Retained earnings | $1.79B | $1.47B | $1.38B | $1.30B | +21.6% |
| Shareholder equity | $2.20B | $2.07B | $1.66B | $1.50B | +6.2% |
| Working capital | $130.50M | $329.90M | $425.80M | $533.30M | -60.4% |
| Net tangible assets | $2.20B | $2.07B | $1.66B | $1.50B | +6.1% |
| Shares issued | 101.33M | 97.81M | 86.23M | 82.31M | +3.6% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Net income | $286.00M | $611.50M | $648.00M | $562.60M | — | -53.2% |
| Depreciation & amortisation | $214.50M | $192.00M | $149.30M | $139.00M | — | +11.7% |
| Stock-based compensation | $34.10M | $30.20M | $22.50M | $2.20M | — | +12.9% |
| Change in working capital | -$33.50M | $47.80M | $47.80M | -$180.90M | — | -170.1% |
| Operating cash flow | $498.90M | $826.80M | $805.00M | $502.00M | — | -39.7% |
| Capital expenditure | -$310.30M | -$583.50M | -$510.30M | -$119.90M | — | +46.8% |
| Investing cash flow | -$152.60M | -$442.10M | -$370.60M | $11.30M | — | +65.5% |
| Share buybacks | — | — | — | $0 | $0 | — |
| Dividends paid | -$199.70M | -$553.30M | -$586.40M | -$166.70M | — | +63.9% |
| Financing cash flow | -$460.10M | -$378.30M | -$489.40M | -$337.60M | — | -21.6% |
| Free cash flow | $188.60M | $243.30M | $294.70M | $382.10M | — | -22.5% |
| End cash position | $163.50M | $291.20M | $295.60M | $323.80M | — | -43.9% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $402.00M | $352.60M | $342.60M | $315.20M | $329.10M | +14.0% |
| Operating revenue | $402.00M | $352.60M | $342.60M | $315.20M | $329.10M | +14.0% |
| Cost of revenue | $174.20M | $156.40M | $159.00M | $157.10M | $163.70M | +11.4% |
| Gross profit | $227.80M | $196.20M | $183.60M | $158.10M | $165.40M | +16.1% |
| Selling, general & admin | $23.00M | $29.20M | $29.20M | $24.50M | $25.90M | -21.2% |
| Total operating expense | $90.50M | $98.60M | $85.90M | $88.90M | $92.50M | -8.2% |
| Operating income | $137.30M | $97.60M | $97.70M | $69.20M | $72.90M | +40.7% |
| Net interest income | -$17.30M | -$13.10M | -$20.20M | -$14.20M | -$14.00M | -32.1% |
| Pre-tax income | $124.00M | $87.60M | $78.80M | $60.40M | $68.30M | +41.6% |
| Tax provision | $1.60M | $800.00K | $1.20M | $1.70M | $5.40M | +100.0% |
| Net income | $122.40M | $86.80M | $77.60M | $58.60M | $62.90M | +41.0% |
| Net income to common | $122.40M | $86.80M | $77.60M | $58.60M | $62.90M | +41.0% |
| Basic EPS | 1.21 | — | 0.79 | 0.60 | 0.64 | — |
| Diluted EPS | 1.18 | — | 0.77 | 0.58 | 0.62 | — |
| EBIT | $142.90M | $97.60M | $102.50M | $78.20M | $86.10M | +46.4% |
| EBITDA | $202.60M | $153.60M | $155.60M | $130.30M | $139.40M | +31.9% |
| Basic shares | 101.50M | — | 98.00M | 97.80M | 97.40M | — |
| Diluted shares | 103.30M | — | 100.80M | 100.80M | 100.70M | — |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $196.40M | $158.10M | $219.70M | $369.80M | $362.30M | +24.2% |
| Cash & short-term investments | $196.40M | $158.10M | $219.70M | $369.80M | $362.30M | +24.2% |
| Accounts receivable | $249.60M | $214.70M | $184.80M | $170.90M | $196.30M | +16.3% |
| Inventory | $82.50M | $66.50M | $65.00M | $69.50M | $72.50M | +24.1% |
| Total current assets | $575.50M | $531.90M | $517.70M | $682.80M | $694.20M | +8.2% |
| Property, plant & equipment | $2.94B | $2.82B | $2.67B | $2.70B | $2.78B | +4.2% |
| Goodwill & intangibles | $5.70M | $5.80M | $4.20M | $4.10M | $4.20M | -1.7% |
| Total assets | $3.53B | $3.37B | $3.20B | $3.40B | $3.49B | +4.9% |
| Total current liabilities | $410.90M | $401.40M | $218.90M | $266.10M | $272.20M | +2.4% |
| Current debt | $286.70M | $288.80M | $121.90M | $156.20M | $161.40M | -0.7% |
| Long-term debt | $795.10M | $714.30M | $777.50M | $969.80M | $1.02B | +11.3% |
| Total debt | $1.08B | $1.00B | $899.40M | $1.13B | $1.18B | +7.8% |
| Total liabilities | $1.26B | $1.16B | $1.04B | $1.29B | $1.34B | +8.2% |
| Retained earnings | $1.92B | $1.79B | $1.69B | $1.60B | $1.54B | +7.1% |
| Shareholder equity | $2.27B | $2.20B | $2.15B | $2.11B | $2.14B | +3.2% |
| Working capital | $164.60M | $130.50M | $298.80M | $416.70M | $422.00M | +26.1% |
| Net tangible assets | $2.27B | $2.20B | $2.15B | $2.10B | $2.14B | +3.2% |
| Shares issued | 102.12M | 101.33M | 97.95M | 97.95M | 98.25M | +0.8% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Net income | $122.40M | $86.80M | $77.60M | $58.70M | $62.90M | +41.0% |
| Depreciation & amortisation | $59.70M | $56.00M | $53.10M | $52.10M | $53.30M | +6.6% |
| Change in working capital | -$47.30M | -$13.70M | -$26.00M | $39.80M | -$33.60M | -245.3% |
| Operating cash flow | $135.90M | $135.00M | $119.50M | $161.30M | $83.10M | +0.7% |
| Capital expenditure | -$184.30M | -$217.70M | -$36.50M | -$28.10M | -$28.00M | +15.3% |
| Investing cash flow | -$152.60M | -$197.50M | -$3.60M | $5.10M | $43.40M | +22.7% |
| Dividends paid | -$71.40M | -$62.80M | -$39.20M | -$97.70M | $0 | -13.7% |
| Financing cash flow | $52.00M | $11.30M | -$266.40M | -$157.70M | -$47.30M | +360.2% |
| Free cash flow | -$48.40M | -$82.70M | $83.00M | $133.20M | $55.10M | +41.5% |
| End cash position | $193.40M | $163.50M | $219.70M | $369.80M | $351.10M | +18.3% |
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
—
—
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Mar 2026 | 1.28 | 1.17 | -8.4% |
| Dec 2025 | 0.84 | 0.85 | +1.2% |
| Sep 2025 | 0.75 | 0.84 | +13.0% |
| Jun 2025 | 0.54 | 0.53 | -1.8% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 3.29 | 3 | $506.42M | +60.7% |
| Next quarter | 1.44 | 3 | $319.17M | -6.8% |
| Current year | 7.33 | 4 | $1.45B | +8.1% |
| Next year | 3.45 | 3 | $1.07B | -26.0% |
Analyst targets & ownership
Mean target$209.83
High target$251.84
Low target$137.93
Implied upside1.37%
Analyst count5
ConsensusHOLD
Strong buy / Buy0 / 2
Hold2
Sell / Strong sell1 / 0
Held by insiders13.86%
Held by institutions50.95%
Institutions holding226
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
194.39
+6.49% from price
SMA 20
194.03
+6.68% from price
SMA 50
190.54
+8.64% from price
SMA 100
193.17
+7.16% from price
SMA 200
172.18
+20.22% from price
EMA 12
196.18
+5.51% from price
EMA 26
193.90
+6.75% from price
EMA 50
192.35
+7.62% from price
RSI (14)
65.1
Neutral
MACD (12,26,9)
2.28
Hist 1.31
ATR (14)
5.84
2.82% of price
Realised vol 30D
31.3%
Annualised
Bollinger upper
203.71
20, 2σ
Bollinger lower
184.36
20, 2σ
50 / 200 cross
Golden
190.54 vs 172.18
Trend bias
Above 200
+20.22%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.20
Less volatile than market
Correlation to SPY
0.07
Largely independent
Realised vol 30D
31.3%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-23.6%
Peak to trough
Max drawdown 5Y
-66.2%
Peak to trough
ATR 14
5.84
2.82% of price
Beta (reported)
0.04
5Y monthly, from filing
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jul 22, 26 | Evercore ISI Group | MAINTAINED | Outperform | Outperform |
| Apr 22, 26 | Evercore ISI Group | MAINTAINED | Outperform | Outperform |
| Feb 27, 26 | Evercore ISI Group | MAINTAINED | Outperform | Outperform |
| Apr 22, 25 | Evercore ISI Group | MAINTAINED | Outperform | Outperform |
| Nov 14, 24 | Jefferies | MAINTAINED | Buy | Buy |
| Jul 23, 24 | Evercore ISI Group | MAINTAINED | Outperform | Outperform |
| Mar 8, 24 | Evercore ISI Group | MAINTAINED | Outperform | Outperform |
| May 12, 22 | HC Wainwright & Co. | MAINTAINED | — | Buy |
| Apr 12, 22 | HC Wainwright & Co. | INITIATED | — | Buy |
Dividends & splits
Forward rate$18.15 / yr
Forward yield8.77%
5-year avg yield—
Payout ratio62.17%
Ex-dividend dateMay 27, 2026
Next pay date—
Last split1:1500
Split dateSep 24, 2015
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PRIVATE STRATEGY · BY QUALIFICATION
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