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

34.39 0.08 +0.23%
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

TORM PLC (TRMD) Debt to equity

Alert me on Debt to equity

TORM PLC's debt to equity at the end of the quarter to 30 June 2026 was 0.4×, down 0.0× from fiscal 2025 (0.5×). Over the past ten years it has ranged from 0.5× (fiscal 2025) to 1.1× (fiscal 2021) — the current reading is the lowest in ten years. That is below the Oil & Gas Midstream industry median of 0.8× and in line with the Energy sector median of 0.4×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.5× (22.94%)
FY2024 0.6× (7.08%)
FY2023 0.6× (1.09%)
FY2022 0.6× (40.41%)
FY2021 1.1× 30.34%
FY2020 0.8× (2.47%)
FY2019 0.8× (4.06%)
FY2018 0.9× (6.20%)
FY2017 0.9× 9.97%
FY2016 0.9× 7.45%

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.4× (11.33%)
Mar 2026 0.5× 4.50%
Dec 2025 0.5× 9.00%
Sep 2025 0.4× (21.80%)
35 more quarters

Against its own ten years

Low 0.5× High 1.1×
Ten-year median 0.8×
Current reading's percentile 9

Debt to equity against peers

Company Debt to equity
EE Excelerate Energy, Inc. compare 0.0×
TNK Teekay Tankers Ltd. compare 0.0×
STNG Scorpio Tankers Inc. compare 0.1×
DHT DHT Holdings, Inc. compare 0.3×
TRMD TORM PLC 0.4×
BWLP BW LPG Limited compare 0.4×
GLNG Golar LNG Limited compare 1.2×
SUNC SunocoCorp LLC compare 1.6×
CMBT CMB.TECH nv compare 1.7×
Oil & Gas Midstream industry median 0.8×
Energy sector median 0.4×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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