TRMD
Income statement / Annual
Last year (2023), TORM plc's total revenue was $1.52 B,
an increase of 5.34% from the previous year.
In 2023, TORM plc's net income was $648.27 M.
See TORM plc,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$1.52 B
|
$1.44 B
|
$619.50 M
|
$747.36 M
|
$692.61 M
|
$635.37 M
|
$656.99 M
|
$680.14 M
|
$540.40 M
|
$624.17 M
|
| Cost of Revenue |
$646.28 M |
$598.49 M |
$371.80 M |
$349.85 M |
$377.86 M |
$400.00 M |
$382.86 M |
$365.57 M |
$249.00 M |
$351.99 M |
| Gross Profit |
$874.11 M |
$844.86 M |
$247.70 M |
$397.51 M |
$314.75 M |
$235.36 M |
$274.14 M |
$314.57 M |
$291.41 M |
$272.19 M |
| Gross Profit Ratio |
0.57 |
0.59 |
0.4 |
0.53 |
0.45 |
0.37 |
0.42 |
0.46 |
0.54 |
0.44 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$82.93 M
|
$55.01 M
|
$51.50 M
|
$50.77 M
|
$47.72 M
|
$47.83 M
|
$45.01 M
|
$41.41 M
|
$19.49 M
|
$50.97 M
|
| Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$82.93 M
|
$55.01 M
|
$51.50 M
|
$50.77 M
|
$47.72 M
|
$47.83 M
|
$45.01 M
|
$41.41 M
|
$19.49 M
|
$50.97 M
|
| Other Expenses |
$92.58 M |
$196.11 M |
$190.10 M |
$197.56 M |
$175.89 M |
$182.41 M |
$188.79 M |
$195.55 M |
$129.17 M |
$240.95 M |
| Operating Expenses |
$175.51 M |
$251.11 M |
$241.60 M |
$248.33 M |
$223.62 M |
$230.23 M |
$233.80 M |
$236.96 M |
$148.65 M |
$291.92 M |
| Cost And Expenses |
$821.79 M |
$849.60 M |
$613.40 M |
$598.18 M |
$601.48 M |
$630.24 M |
$616.66 M |
$602.53 M |
$397.65 M |
$643.90 M |
| Interest Income |
$14.26 M |
$4.00 M |
$200,000.00 |
$500,000.00 |
$2.50 M |
$2.70 M |
$4.26 M |
$200,000.00 |
$300,000.00 |
$100,000.00 |
| Interest Expense |
$60.86 M |
$48.70 M |
$42.40 M |
$47.10 M |
$39.30 M |
$35.70 M |
$40.60 M |
$29.60 M |
$15.00 M |
$57.40 M |
| Depreciation &
Amortization |
$149.31 M
|
$141.22 M
|
$125.83 M
|
$131.06 M
|
$110.35 M
|
$110.79 M
|
$121.73 M
|
$116.67 M
|
$67.33 M
|
$96.31 M
|
| EBITDA |
$862.17 M
|
$737.37 M
|
$132.49 M
|
$258.55 M
|
$330.81 M
|
$119.61 M
|
$170.32 M
|
$14.42 M
|
$209.25 M
|
$40.88 M
|
| EBITDA Ratio |
0.57 |
0.51 |
0.22 |
0.36 |
0.29 |
0.19 |
0.24 |
0.29 |
0.39 |
0.09 |
| Operating Income Ratio
|
0.46
|
0.42
|
0.01
|
0.19
|
0.13
|
0
|
0.06
|
-0.16
|
0.26
|
-0.34
|
| Total Other
Income/Expenses Net |
-$46.60 M
|
-$44.76 M
|
-$42.14 M
|
-$49.38 M
|
-$39.09 M
|
-$36.04 M
|
-$36.35 M
|
-$34.52 M
|
-$15.93 M
|
-$3.55 M
|
| Income Before Tax |
$652.00 M |
$556.66 M |
-$40.80 M |
$89.53 M |
$166.81 M |
-$33.22 M |
$3.18 M |
-$141.73 M |
$127.02 M |
-$283.41 M |
| Income Before Tax Ratio
|
0.43
|
0.39
|
-0.07
|
0.12
|
0.24
|
-0.05
|
0
|
-0.21
|
0.24
|
-0.45
|
| Income Tax Expense |
$4.04 M |
-$5.91 M |
$1.30 M |
$1.42 M |
$784,000.00 |
$1.56 M |
$777,000.00 |
$760,000.00 |
$1.04 M |
$769,000.00 |
| Net Income |
$648.27 M |
$562.75 M |
-$42.10 M |
$88.11 M |
$166.02 M |
-$34.78 M |
$2.41 M |
-$142.49 M |
$125.98 M |
-$284.18 M |
| Net Income Ratio |
0.43 |
0.39 |
-0.07 |
0.12 |
0.24 |
-0.05 |
0 |
-0.21 |
0.23 |
-0.46 |
| EPS |
7.75 |
7.03 |
-0.54 |
1.27 |
2.25 |
-0.48 |
0.04 |
-2.27 |
2.4 |
-12.49 |
| EPS Diluted |
7.48 |
6.9 |
-0.54 |
1.27 |
2.25 |
-0.48 |
0.04 |
-2.27 |
2.4 |
-12.49 |
| Weighted Average Shares
Out |
$83.60 M
|
$81.30 M
|
$78.10 M
|
$74.30 M
|
$74.00 M
|
$72.46 M
|
$62.00 M
|
$62.77 M
|
$51.70 M
|
$22.75 M
|
| Weighted Average Shares
Out Diluted |
$86.70 M
|
$82.80 M
|
$78.10 M
|
$74.30 M
|
$74.00 M
|
$73.10 M
|
$62.00 M
|
$62.90 M
|
$51.70 M
|
$22.75 M
|
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