Saturday 17 October 2026
Export TMDE’s income statement to Excel — free account
TMD Energy Limited
TMDE Energy Oil & Gas Midstream
TMD Energy Limited’s revenue for fiscal 2024 (year ended December 2024) was $688.6 million, up 8.77% from fiscal 2023.
0.57
0.03
−5.00%
Follow TMDE
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | — | — | — | — | — | — | 0.41 |
Analyst estimates 2026–2028 Powerpack |
|||
| High | — | — | — | — | — | — | — | — | — | 6.27 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | — | — | — | — | 221 | 221 | — | ||||
| Revenue/emp, $m | — | — | — | — | — | — | 0.00 | 2.86 | 3.12 | — | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | — | 702 | 633 | 689 | — | ||||
| Gross margin, % | — | — | — | — | — | — | 1.89 | 1.91 | 2.33 | — | |||||
| EBT | — | — | — | — | — | — | 3 | 4 | 3 | — | |||||
| EBT margin, % | — | — | — | — | — | — | 0.46 | 0.59 | 0.50 | — | |||||
| Net income | — | — | — | — | — | — | 3 | 3 | 2 | 0 | |||||
| Depreciation | — | — | — | — | — | — | 3 | 4 | 5 | — | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | — | — | — | — | — | 35.10 | 31.65 | 34.43 | — | ||||
| Earnings | — | — | — | — | — | — | 0.16 | 0.15 | 0.10 | — | |||||
| Cash flow | — | — | — | — | — | — | 0.03 | 0.03 | (1.21) | — | |||||
| Capex | — | — | — | — | — | — | (0.33) | (0.16) | (0.19) | — | |||||
| Free cash flow | — | — | — | — | — | — | (0.30) | (0.12) | (1.40) | — | |||||
| Book value | — | — | — | — | — | — | 1.00 | 1.11 | 0.96 | 0.00 | |||||
| Shares, m | — | — | — | — | — | — | 20 | 20 | 20 | — | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | — | — | — | — | — | ||||
| P/S | — | — | — | — | — | — | — | — | — | — | |||||
| P/B | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | — | |||||
| EV/Sales | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | — | |||||
| EV/FCF | — | — | — | — | — | — | (0.79) | (0.79) | (0.79) | — | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | — | — | 1 | 1 | (24) | — | ||||
| Capex | — | — | — | — | — | — | (7) | (3) | (4) | — | |||||
| Free cash flow | — | — | — | — | — | — | (6) | (2) | (28) | — | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | — | — | — | — | — | (11) | (10) | (13) | (9) | ||||
| Total debt | — | — | — | — | — | — | 31 | 28 | 81 | 93 | |||||
| Net debt | — | — | — | — | — | — | 20 | 23 | 65 | 86 | |||||
| Shareholders’ equity | — | — | — | — | — | — | 20 | 22 | 19 | 23 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | — | — | — | — | — | 5.12 | 3.05 | 1.75 | 0.00 | ||||
| ROIC | — | — | — | — | — | — | 6.99 | 3.62 | 4.48 | 0.00 | |||||
| ROE | — | — | — | — | — | — | 19.82 | 13.78 | 9.08 | 0.00 | |||||
Negative figures in brackets.
Fiscal years to Dec 2024
Charts ten years each
TMD Energy Limited vs peers in Oil & Gas Midstream (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| MMLP Martin Midstream Partners L.P. | $79.0M | — (loss-making) | 27.1× | +18.22% (above 0%: growing) | n/m | −70.08% (below 0%: shrinking) | 49.63% | 9.02% | Compare |
| PXS Pyxis Tankers Inc. | $77.4M | 9.3× | 4.8× | +32.60% (above 0%: growing) | n/m | +84.21% (above 0%: growing) | 63.33% | 36.25% | Compare |
| NFE New Fortress Energy LLC | $23.9M | — (loss-making) | 1.2× | +2.76% (above 0%: growing) | n/m | +65.32% (above 0%: growing) | 30.77% | (47.59%) | Compare |
| TMDE TMD Energy Limited | $14.2M | — | — | — | — | — | — | — | |
| BPT BP Prudhoe Bay Royalty Trust | $10.7M | — (loss-making) | — (loss-making) | −48.13% (below 0%: shrinking) | n/m | — | 100.00% | 0.00% | Compare |
| MARPS Marine Petroleum Trust | $8.9M | 12.8× | 12.4× | +9.93% (above 0%: growing) | +25.00% (above 0%: growing) | +18.78% (above 0%: growing) | 100.00% | 77.69% | Compare |
| BANL CBL International Limited | $7.9M | — | — | — | — | −44.03% (below 0%: shrinking) | 1.96% | 0.00% | Compare |
| TOPS TOP Ships Inc. | $3.4M | — (loss-making) | 4.8× | +62.56% (above 0%: growing) | −66.67% (below 0%: shrinking) | −366.51% (below 0%: shrinking) | 57.22% | 0.00% | Compare |
| RBNE Robin Energy Ltd. | $2.6M | 0.1× | — | +63.77% (above 0%: growing) | n/m | −1.65% (below 0%: shrinking) | 46.09% | 223.81% | Compare |
| Median of peers | $9.8M | 9.3× | 4.8× | +18.22% | — | −1.65% | 53.43% | 4.51% |
TMD Energy Limited (TMDE) key facts
- Strength: TMD Energy Limited’s revenue for fiscal 2024 (year ended December 2024) was $688.6 million, up 8.77% from fiscal 2023.
- TMD Energy Limited (TMDE) is an Oil & Gas Midstream company in the Energy sector, listed on NYSE American.
- As of October 16, 2026, TMDE traded at $0.57, a market capitalization of $14.2 million.
- Return on equity was 0.00% and debt-to-equity 6.84.
- Its Piotroski F-score is 4 out of 9 for fiscal 2024.