TORM plc
Norway · GB00BZ3CNK81 · reports in USD · Europe
The answers
From the annual report for the year to Dec 31, 2024. Each line says what it is based on.
- Is it growing?Fair
- Revenue +2.6% in the year to Dec 31, 2024, on the year before.
- Is it a good business?Good
- It earned 30% on its shareholders' equity in the year to Dec 31, 2024.
- Is it safe?Good
- Equity is 60% of its assets, and operations brought in cash in the year.
- Is the price fair?n/a
- Not answered: no exchange publishes this company's price for free reuse, so there is no P/E here.
The year
Year to Dec 31, 2024, consolidated, in USD.
$1.6B
revenue
42%
operating margin
$613M
net profit
Year by year
As filed; an earlier year can differ from its own report when the company restated it.
| Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|
| Revenue | $1.4B | $1.5B | $1.6B |
| Operating profit | $602M | $699M | $659M |
| Net profit to shareholders | $563M | $648M | $613M |
| Earnings per share | $6.92 | $7.75 | $6.54 |
| Cash from operations | $502M | $805M | $827M |
| Capital spending | $119M | $510M | $582M |
| Cash | $324M | $296M | $291M |
| Total assets | $2.6B | $2.9B | $3.5B |
| Equity | $1.5B | $1.7B | $2.1B |
What they do
In the company's own words, from the annual report.
TORM plc is a shipping company that primarily owns and operates a fleet of product tankers and is engaged in the marine engineering industry
Source: the company’s annual financial report in ESEF, via filings.xbrl.org (XBRL International). Listed shares from ESMA’s FIRDS register; ESMA does not endorse this site. Ryufin computed the answers and ratios from the filed figures.