TORM plc, an oil products company, is engaged in the transportation of refined petroleum products and crude oil worldwide. The company is headquartered in London, the United Kingdom.
| Revenue (TTM) | $1.76B |
| Gross Profit (TTM) | $1.03B |
| EBITDA | $913.80M |
| Operating Margin | 53.60% |
| Return on Equity | 26.80% |
| Return on Assets | 11.90% |
| Revenue/Share (TTM) | $17.54 |
| Book Value | $22.26 |
| Price-to-Book | 1.37 |
| Price-to-Sales (TTM) | 2.05 |
| EV/Revenue | 2.398 |
| EV/EBITDA | 4.54 |
| Quarterly Earnings Growth (YoY) | 460.30% |
| Quarterly Revenue Growth (YoY) | 110.30% |
| Shares Outstanding | $102.39M |
| Float | $67.87M |
| % Insiders | 13.86% |
| % Institutions | 51.01% |
Volatility is currently expanding
HELLERUP, Denmark, Sept. 2, 2026 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) has increased its share capital by 22,666 Class A shares, corresponding to a nominal increase of USD 226.66, as a result of the exercise of a corresponding number of Restricted Share Units ("RSUs").
Torm NASDAQ: TRMD reported its strongest quarterly financial performance on record for the second quarter of 2026, as freight rates surged amid disruptions to Middle East oil trade flows and vessel rerouting.
HELLERUP, Denmark, Aug. 26, 2026 /PRNewswire/ -- INSIDE INFORMATION "We delivered the strongest quarterly results in TORM's history, turning exceptional market conditions into tangible value for our shareholders," said Jacob Meldgaard, CEO of TORM, adding: "Strong earnings and our confidence in continued market strength have led us to raise our full-year guidance by USD 200m." Financial Results In the second quarter of 2026, TORM (NASDAQ: TRMD) (NASDAQ: TRMD-A) generated time charter equivalent earnings (TCE) of USD 512m (2025, same period: USD 208m).
HELLERUP, Denmark, Aug. 24, 2026 /PRNewswire/ -- TORM plc (Nasdaq: TRMD) or (Nasdaq: TRMD A) is pleased to announce the appointment of Jann Brown to its Board of Directors effective 01 October 2026. The appointment follows a planned succession process and reflects the Board's continued focus on strong governance, continuity, and long-term value creation for TORM and its shareholders.
HELLERUP, Denmark, Aug. 7, 2026 /PRNewswire/ -- Pursuant to section 30 of the Danish Capital Markets Act, TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD.A) hereby announces that: Oaktree Capital Group Holdings GP, LLC ("Oaktree") has notified TORM plc that, following a change in the ownership structure of OCM Njord Holdings S.à r.l. ("Njord Luxco"), Oaktree no longer indirectly holds any shares or voting rights in TORM plc as of 31 July 2026.
Howard Marks hunts dislocation. His latest Oaktree 13F reveals five common-stock equity positions that look nothing like a bull-market portfolio: a leveraged turbo maker, the largest US gas producer bleeding YTD, a gold miner that just gave back a fifth of its price in three months, a tanker riding a geopolitical spike, and a specialty pharma with negative book value.
TORM plc offers a compelling buy opportunity as the stock trades at a rare discount to NAV amid strong cash generation and asset values. TRMD's disciplined capital allocation and consistent outperformance, despite an older fleet, support its premium valuation and attractive dividend policy. Oaktree's stake reduction and uncertainty around the Strait of Hormuz have pressured the stock, but normalization of transits could sustain elevated rates and dividends.
HELLERUP, Denmark, June 2, 2026 /PRNewswire/ -- TORM plc (NASDAQ: TRMD or TRMD A) has increased its share capital by 28,144 A-shares (corresponding to a nominal value of USD 281.44) as a result of the exercise of a corresponding number of Restricted Share Units ("RSUs"). A total of 7,089 new shares are subscribed for in cash at DKK 127.30 per A-share, 13,966 shares are subscribed for in cash at DKK 139.90, and 7,089 new shares are subscribed for in cash at DKK 195.50.
TORM plc is rated a strong buy, driven by robust income potential, undervaluation, and merger optionality with Hafnia. TRMD secures significant revenue visibility, with 42% of 2026 earning days fixed at $50,044/day and strong EBITDA guidance up to $1.1 billion. Dividend yield approaches 9%, with the potential to reach 12.7% if high-end guidance and distribution rates are met.
HELLERUP, Denmark, May 21, 2026 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) or (NASDAQ: TRMD A) has been notified of the following transaction in TORM plc securities: Details of the reporting person / closely associated person Name Jacob Balslev Meldgaard Reason for the notification Position/status CEO/Executive Director Initial notification/Amendment Initial notification Details of the issuer Name TORM plc LEI code 213800VL1H1ABVM1ZF63 Details of the transaction(s) Description of the financial instrument Identification code Shares (ISIN: GB00BZ3CNK81) Nature of the transaction Exercise of restricted share units Price(s) and volume(s) Price(s) Volume(s) DKK 131.8/share DKK 144.4/share 85,067 85,067 Aggregated information - Volume - Price 170,133 shares DKK 23,495,361 Date of the transaction 20 May 2026 Place of the transaction Outside a trading venue Details of the reporting person / closely associated person Name Jacob Balslev Meldgaard Reason for the notification Position/status CEO/Executive Director Initial notification/Amendment Initial notification Details of the issuer Name TORM plc LEI code 213800VL1H1ABVM1ZF63 Details of the transaction(s) Description of the financial instrument Identification code Shares (ISIN: GB00BZ3CNK81) Nature of the transaction Sale Price(s) and volume(s) Price(s) Volume(s) DKK 206.20/share DKK 205.16/share DKK 207,57/share 30,603 (a) 348,441 (b) 170,133 (c) Aggregated information - Volume - Price 549,177 shares DKK 112,829,967 Date of the transaction (a) 18 May 2026 (b) 18 May 2026 (c) 20 May 2026 Place of the transaction Nasdaq Copenhagen Contact Mikael Bo Larsen, Head of Investor Relations Tel.: +45 5143 8002 About TORM TORM is one of the world's leading carriers of refined oil products.
Tiblio connects your broker and runs your put-and-call-writing strategy for you — on TRMD and any ticker you trade — then tracks every position and per-strategy win rate.
