TORM plc (TRMD) Stock

NASDAQ: TRMDTORM plc is a shipping company specializing in the transportation of refined oil products and dry bulk commodities.

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TORM plc revenue, net income and EPS by fiscal year
Fiscal yearRevenueNet incomeEPS
FY2025$1.39B$296.0M$2.77
FY2024$1.56B$612.5M$6.14
FY2023$1.52B$648.3M$7.44
FY2022$1.44B$562.8M$48.36
FY2021$619.5M-$42.1M-$0.54

Fiscal year ending December 31. Source: company filings via EODHD.

About TORM plc

TORM plc is a leading product tanker company that specializes in the global transportation of refined oil products and crude oil. The company is responsible for shipping a variety of essential fuels, including gasoline, jet fuel, and naphtha, ensuring the steady flow of these vital resources worldwide. TORM plc's expertise in maritime logistics makes it a critical player in the oil transportation industry.

TORM plc operates an impressive fleet of approximately 85 vessels. This modern and well-maintained fleet enables the company to provide reliable and efficient transportation services across the globe. TORM plc's commitment to maintaining a robust and versatile fleet ensures they can meet the diverse needs of their international clientele, including oil majors, national oil companies, and independent oil traders.

Founded in 1889 and headquartered in London, United Kingdom, TORM plc has a rich history of over a century in the maritime industry. Throughout its long-standing history, the company has continually adapted to the evolving demands of the global energy market. With a focus on operational excellence, sustainability, and innovation, TORM plc continues to solidify its position as a trusted leader in the transportation of refined oil products and crude oil.

TORM stock FAQ

What is the TORM stock ticker symbol?

TORM plc trades on the NASDAQ under the ticker symbol TRMD.

What sector and industry is TORM in?

TORM plc is classified in the Energy sector, Oil & Gas Midstream industry.

How many employees does TORM have?

TORM plc has about 588 full-time employees.

What were TORM's revenue and earnings last fiscal year?

TORM reported revenue of $1.39B and net income of $296.0M in fiscal 2025, with earnings per share of $2.77. Revenue declined 10.9% from the prior year.

When did TORM go public?

TORM stock began trading on February 23, 2018.

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