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Friday 6 November 2026 Export TRMD’s income statement to Excel — free account

TORM PLC

TRMD Energy Oil & Gas Midstream

TORM PLC’s revenue for fiscal 2025 (year ended December 2025) was $1.3 billion, down 14.1% from fiscal 2024.

Revenue
+110.3%
EPS
+451.7%
Free cash flow
+48.6%
Total debt
−4.42%

Quarter to June 2026, against a year earlier

34.61 3.03 −8.05%
Market cap
$3.5B
P/E
5.6×
Fwd P/E
—
Dividend yield
12.8%
F-score
4/9
Altman Z
2.51
Beneish M
−2.48
Dividend safety
42/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

TORM PLC (TRMD) Current ratio

Alert me on Current ratio

TORM PLC's current ratio at the end of the quarter to 30 June 2026 was 2.3×, up 0.9× from fiscal 2025 (1.3×). Over the past ten years it has ranged from 1.1× (fiscal 2019) to 3.6× (fiscal 2022); the current reading is higher than 45% of that period. That is above the Oil & Gas Midstream industry median of 1.2× and above the Energy sector median of 1.3×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 1.3× (38.54%)
FY2024 2.2× (17.22%)
FY2023 2.6× (27.33%)
FY2022 3.6× 203.04%
FY2021 1.2× (4.52%)
FY2020 1.2× 11.84%
FY2019 1.1× (31.27%)
FY2018 1.6× (3.77%)
FY2017 1.7× 40.23%
FY2016 1.2× (52.04%)

Quarterly newest first

Period Current ratio Change
Jun 2026 2.3× 62.18%
Mar 2026 1.4× 5.70%
Dec 2025 1.3× (43.97%)
Sep 2025 2.4× (7.83%)
33 more quarters

Against its own ten years

Low 1.1× High 3.6×
Ten-year median 1.6×
Current reading's percentile 45

Current ratio against peers

Company Current ratio
STNG Scorpio Tankers Inc. compare 20.7×
TNK Teekay Tankers Ltd. compare 10.0×
DHT DHT Holdings, Inc. compare 3.6×
GLNG Golar LNG Limited compare 2.3×
TRMD TORM PLC 2.3×
EE Excelerate Energy, Inc. compare 1.9×
BWLP BW LPG Limited compare 1.4×
SUNC SunocoCorp LLC compare 1.3×
CMBT CMB.TECH nv compare 1.1×
Oil & Gas Midstream industry median 1.2×
Energy sector median 1.3×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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