Income Statement - TORM plc (TRMD)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 1,389.84 | 1,559.20 | 1,520.40 | 1,443.40 | 619.53 | 747.36 | 692.61 | 635.37 | 656.99 | 680.14 | 540.40 | 624.17 | 992.34 | 1,121.22 | 1,319.31 | 859.41 | 850.30 | 1,170.01 | 821.67 | 604.34 |
| Cost of revenue | 915.66 | 610.50 | 579.60 | 598.50 | 371.79 | 349.85 | 377.86 | 400.00 | 382.86 | 365.57 | 249.00 | 351.99 | 668.34 | 1,045.08 | 1,238.28 | 679.67 | 607.79 | 632.21 | 464.05 | 332.90 |
| Gross profit | 474.17 | 948.70 | 940.80 | 844.90 | 247.74 | 397.51 | 314.75 | 235.36 | 274.14 | 314.57 | 291.41 | 272.19 | 323.99 | 76.13 | 81.03 | 179.75 | 242.51 | 537.80 | 357.62 | 271.44 |
| Total operating expenses | 118.60 | 289.90 | 242.20 | 243.40 | 246.35 | 258.60 | 108.86 | 230.23 | 233.80 | 236.96 | 148.65 | 291.92 | 355.37 | 373.41 | 212.88 | 214.78 | 203.64 | 201.48 | 152.64 | 83.67 |
| Operating income | 355.58 | 658.80 | 698.60 | 601.50 | 1.40 | 138.91 | 205.89 | 2.82 | 39.53 | -107.21 | 142.96 | -211.03 | -90.66 | -448.50 | -388.60 | -79.62 | 49.76 | 446.25 | 204.98 | 242.13 |
| Non-operating income (net) | -49.29 | -49.30 | -46.60 | -44.80 | -42.14 | -49.38 | -39.09 | -36.04 | -36.35 | -34.52 | -15.93 | -72.38 | -75.50 | -130.58 | -62.79 | -56.62 | -68.81 | -86.18 | 599.24 | -1.05 |
| Income before tax | 306.29 | 609.50 | 652.00 | 556.70 | -40.75 | 89.53 | 166.81 | -33.22 | 3.18 | -141.73 | 127.02 | -283.41 | -166.16 | -579.09 | -451.39 | -136.24 | -19.05 | 360.07 | 804.22 | 241.09 |
| Income tax expense | 9.55 | -2.00 | 4.00 | -5.90 | 1.34 | 1.42 | 0.78 | 1.56 | 0.78 | 0.76 | 1.04 | 0.77 | -3.93 | 1.56 | 1.62 | -0.98 | -1.69 | -1.28 | 12.55 | 6.57 |
| Net income | 296.02 | 612.50 | 648.30 | 562.80 | -42.09 | 88.11 | 166.02 | -34.78 | 2.41 | -142.49 | 125.98 | -284.18 | -162.23 | -580.64 | -453.01 | -135.26 | -17.36 | 361.35 | 791.68 | 234.51 |
Show Quarterly Income Statement
Income Statement - TORM plc (TRMD)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | Dec-05 | Jun-05 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 395.84 | 354.98 | 343.11 | 315.20 | 329.10 | 305.40 | 372.10 | 437.70 | 444.10 | 387.79 | 358.10 | 384.30 | 390.20 | 447.35 | 448.10 | 338.50 | 209.40 | 189.13 | 155.50 | 150.80 | 124.10 | 105.16 | 160.70 | 227.80 | 242.60 | 193.21 | 146.70 | 166.30 | 186.40 | 168.57 | 140.40 | 163.30 | 163.10 | 171.39 | 657.00 | 157.00 | 172.80 | 153.74 | 155.80 | 176.90 | 193.70 | 186.20 | 215.50 | 139.60 | 154.20 | 152.67 | 140.00 | 148.60 | 182.90 | 193.04 | 231.70 | 289.40 | 278.20 | 766.73 | 109.80 | 102.60 | 152.00 | 148.10 | 178.80 | 147.50 | 133.68 | 149.20 | 130.20 | 147.50 | 201.05 | 208.80 | 193.60 | 258.80 | 305.39 | 336.60 | 235.90 | 199.60 | 63.37 | 221.20 | 198.40 | 142.92 | 158.90 | 140.10 | 161.80 | 180.38 | 132.10 |
| Cost of revenue | 238.09 | 220.18 | 218.72 | 157.10 | 163.70 | 142.60 | 155.40 | 157.20 | 155.40 | 159.72 | 151.60 | 111.10 | 157.10 | 149.69 | 164.20 | 163.40 | 121.20 | 117.09 | 98.00 | 78.80 | 77.90 | 58.65 | 80.30 | 84.00 | 115.80 | 96.86 | 90.20 | 94.30 | 96.50 | 102.60 | 97.80 | 103.20 | 96.40 | 185.86 | 382.90 | 65.60 | 69.40 | 187.47 | 57.80 | 59.70 | 60.70 | 130.30 | 71.80 | 53.90 | 62.60 | 80.09 | 82.00 | 82.70 | 107.20 | 113.24 | 163.40 | 206.10 | 185.50 | 890.50 | 106.70 | 102.00 | 124.70 | 145.80 | 139.70 | 76.60 | 100.24 | 99.90 | 89.10 | 91.60 | 149.34 | 154.40 | 99.30 | 101.60 | 374.90 | 91.90 | 44.30 | 44.90 | -42.85 | 128.30 | 109.00 | 92.10 | 80.30 | 75.80 | 83.12 | 62.10 | |
| Gross profit | 157.74 | 134.80 | 124.38 | 158.10 | 165.40 | 162.80 | 216.70 | 280.50 | 288.70 | 228.07 | 206.50 | 273.20 | 233.10 | 297.66 | 283.90 | 175.10 | 88.20 | 72.04 | 57.50 | 72.00 | 46.20 | 46.51 | 80.40 | 143.80 | 126.80 | 96.35 | 56.50 | 72.00 | 89.90 | 65.96 | 42.60 | 60.10 | 66.70 | -14.47 | 274.10 | 91.40 | 103.40 | -33.73 | 98.00 | 117.20 | 133.00 | 55.91 | 143.70 | 85.70 | 91.60 | 72.59 | 58.00 | 65.90 | 75.70 | 79.79 | 68.30 | 83.30 | 92.70 | -123.77 | 3.10 | 0.60 | 27.30 | 2.30 | 39.10 | 70.90 | 33.45 | 49.30 | 41.10 | 55.90 | 51.71 | 54.40 | 94.30 | 157.20 | -69.50 | 244.70 | 191.60 | 154.70 | 106.22 | 92.90 | 89.40 | 142.92 | 66.80 | 59.80 | 86.00 | 97.25 | 70.00 |
| Total operating expenses | 22.65 | 36.65 | 26.94 | 83.50 | 83.10 | 73.30 | 74.40 | 76.20 | 66.00 | 32.77 | 66.50 | 73.40 | 69.60 | 66.14 | 55.30 | 56.90 | 65.60 | 67.75 | 61.20 | 59.60 | 57.80 | 75.20 | 68.00 | 58.70 | 56.70 | -61.14 | 52.30 | 57.90 | 55.20 | 55.53 | 56.60 | 59.80 | 58.30 | -27.10 | 234.60 | 86.80 | 88.70 | -35.84 | 88.10 | 92.20 | 92.40 | 21.35 | 72.30 | 62.60 | 61.60 | 66.82 | 66.10 | 75.10 | 83.90 | 86.87 | 89.40 | 90.30 | 88.90 | -134.99 | -48.20 | -95.90 | -64.80 | -55.40 | -46.10 | -103.40 | -107.40 | -61.80 | -79.10 | -71.00 | -91.56 | -69.80 | -156.40 | -127.70 | 855.35 | -364.30 | -33.60 | -89.60 | -75.00 | -47.70 | -30.30 | -108.68 | 16.60 | 21.00 | -19.10 | 1.41 | 11.30 |
| Operating income | 135.10 | 98.16 | 97.44 | 74.60 | 82.30 | 89.50 | 142.30 | 204.30 | 222.70 | 195.30 | 140.00 | 199.80 | 163.50 | 231.52 | 228.60 | 118.70 | 22.60 | 4.30 | -3.70 | 12.40 | -11.60 | -28.69 | 12.40 | 85.10 | 70.10 | 157.49 | 2.10 | 14.20 | 32.20 | 8.62 | -15.30 | 0.50 | 9.00 | 12.63 | 39.50 | 7.40 | 13.70 | -182.71 | 9.90 | 25.00 | 40.60 | 34.76 | 71.40 | 23.10 | 29.90 | 6.87 | -8.30 | -6.50 | -203.10 | -61.76 | -21.10 | -11.80 | 4.00 | -258.76 | -45.10 | -95.30 | -37.50 | -53.10 | -7.00 | -32.50 | -73.96 | -12.50 | -38.00 | -15.10 | -39.85 | -15.40 | -62.10 | 29.50 | 785.85 | -119.60 | 158.00 | 65.10 | 31.22 | 45.20 | 59.10 | 34.23 | 83.40 | 80.80 | 66.90 | 98.67 | 81.30 |
| Non-operating income (net) | -13.00 | -9.97 | -18.53 | -14.20 | -14.00 | -14.70 | -11.50 | -11.20 | -11.90 | -10.50 | -12.30 | -15.40 | -8.40 | -9.86 | -11.30 | -11.70 | -11.90 | -12.24 | -10.40 | -10.00 | -9.50 | -10.98 | -11.40 | -13.70 | -13.30 | -10.79 | -10.60 | -9.00 | -8.70 | -9.84 | -9.20 | -9.10 | -7.90 | -8.85 | -36.30 | -8.90 | -8.90 | -7.22 | -8.10 | -9.80 | -9.40 | -7.23 | -6.40 | -23.50 | -21.00 | -18.58 | -17.50 | -17.40 | -18.90 | -18.40 | -18.90 | -18.30 | -19.90 | -32.13 | -32.50 | -36.80 | -41.00 | -17.00 | -16.70 | -12.40 | -13.79 | -14.20 | 13.60 | 17.70 | 9.71 | 19.80 | 29.60 | 9.70 | -715.58 | 210.90 | -11.60 | -13.00 | 0.00 | -11.50 | 0.00 | -6.35 | -10.30 | 0.00 | -7.60 | -21.00 | 0.00 |
| Income before tax | 122.10 | 88.19 | 78.92 | 60.40 | 68.30 | 74.80 | 130.80 | 193.10 | 210.80 | 184.80 | 127.70 | 184.40 | 155.10 | 221.66 | 217.30 | 107.00 | 10.70 | -7.95 | -14.10 | 2.40 | -21.10 | -39.67 | 1.00 | 71.40 | 56.80 | 146.71 | -8.50 | 5.20 | 23.50 | -1.22 | -24.50 | -8.60 | 1.10 | 3.78 | 3.20 | -1.50 | 4.80 | -189.93 | 1.80 | 15.20 | 31.20 | 27.52 | 65.00 | -0.40 | 8.90 | -11.71 | -25.80 | -23.90 | -222.00 | -80.16 | -40.00 | -30.10 | -15.90 | -290.89 | -77.60 | -132.10 | -78.50 | -70.10 | -23.70 | -44.90 | -87.74 | -26.70 | -24.40 | 2.60 | -30.15 | 4.40 | -32.50 | 39.20 | 70.27 | 91.30 | 146.40 | 52.10 | 31.22 | 33.70 | 59.10 | 27.89 | 73.10 | 80.80 | 59.30 | 77.67 | 81.30 |
| Income tax expense | 1.58 | 0.81 | 1.20 | 1.70 | 5.40 | -2.60 | 0.10 | -1.10 | 1.60 | 0.24 | 3.40 | -1.00 | 1.50 | -6.81 | 0.20 | 0.40 | 0.30 | 0.24 | 0.60 | 0.30 | 0.20 | 0.32 | 0.40 | 0.30 | 0.40 | 0.08 | 0.50 | 9.00 | 0.30 | 0.46 | 0.40 | 0.30 | 0.40 | 0.18 | 0.80 | 0.10 | 0.20 | -0.04 | 0.20 | 0.20 | 0.30 | 0.84 | 0.20 | -0.20 | 0.30 | 1.07 | 0.20 | -1.10 | 0.60 | -4.63 | 0.20 | 0.10 | 0.40 | 0.46 | 0.90 | 36.80 | 0.20 | 0.30 | 0.60 | 0.40 | -0.78 | -0.20 | -0.30 | 0.30 | -4.69 | 2.30 | 1.10 | -0.40 | -2.68 | 0.50 | 1.00 | -0.10 | 10.85 | 2.80 | -6.90 | -1.23 | 6.20 | -40.60 | 1.60 | -6.10 | 0.10 |
| Net income | 120.52 | 87.39 | 77.72 | 58.60 | 62.90 | 77.70 | 130.50 | 194.50 | 209.20 | 184.57 | 124.30 | 185.40 | 153.60 | 228.65 | 217.10 | 106.60 | 10.40 | -8.19 | -14.70 | 2.10 | -21.30 | -39.99 | 0.60 | 71.10 | 56.40 | 146.62 | -9.00 | 5.20 | 23.20 | -1.68 | -24.90 | -8.90 | 0.70 | 3.61 | 2.40 | -1.60 | 4.60 | -189.89 | 1.60 | 15.00 | 30.90 | 26.68 | 64.80 | -0.20 | 8.60 | -12.78 | -26.00 | -22.80 | -222.60 | -75.53 | -40.20 | -30.20 | -16.30 | -291.34 | -78.50 | -132.10 | -78.70 | -70.40 | -24.30 | -45.30 | -86.96 | -26.50 | -24.10 | 2.30 | -25.46 | 2.10 | -33.60 | 39.60 | 72.95 | 90.80 | 145.40 | 52.20 | 20.38 | 30.90 | 66.00 | 29.11 | 66.90 | 80.80 | 57.70 | 83.76 | 81.20 |