TORM plc

TORM plcverified

TRMD

Price:

$21.89

Market Cap:

$2.11B

TORM plc, a product tanker company, engages in the transportation of refined oil products and crude oil worldwide. The company transports gasoline, jet fuel, and naphtha. As of March 23, 2022, it operated a fleet of approximately 85 vessels. The company was founded in 1889 and is headquartered in London, the United Kingdom.[Read more]

Industry

Oil & Gas Midstream

IPO Date

2018-02-23

Stock Exchange

NASDAQ

Ticker

TRMD

The ROE as of November 2024 (TTM) for TORM plc (TRMD) is 38.91%

According to TORM plc’s latest financial reports and current stock price. The company's current ROE is 38.91%. This represents a change of 301.70% compared to the average of 9.69% of the last 4 quarters.

TORM plc (TRMD) Historical ROE (quarterly & annually)

How has TRMD ROE performed in the past?

The mean historical ROE of TORM plc over the last ten years is 26.17%. The current 38.91% ROE has changed 48.66% with respect to the historical average. Over the past ten years (40 quarters), TRMD's ROE was at its highest in in the September 2014 quarter at 17.36%. The ROE was at its lowest in in the December 2016 quarter at -24.33%.

Quarterly (TTM)
Annual

Average

26.17%

Median

10.78%

Minimum

-18.25%

Maximum

173.29%

TORM plc (TRMD) ROE by Quarter and Year

Discovering the peaks and valleys of TORM plc ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 3.93%

Maximum Annual ROE = 173.29%

Minimum Annual Increase = -1449.13%

Minimum Annual ROE = -18.25%

Quarterly (TTM)
Annual
YearROEChange
202338.96%3.93%
202237.48%-1036.83%
2021-4.00%-146.20%
20208.66%-47.44%
201916.48%-501.34%
2018-4.11%-1449.13%
20170.30%-101.67%
2016-18.25%-241.42%
201512.91%-92.55%
2014173.29%-225.73%

TORM plc (TRMD) Average ROE

How has TRMD ROE performed in the past?

The current ROE of TORM plc (TRMD) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

24.15%

5-year avg

19.52%

10-year avg

26.17%

TORM plc (TRMD) ROE vs. Peers

How is TRMD’s ROE compared to its peers?

TORM plc’s ROE is less than Tsakos Energy Navigation Limited (10.58%), less than International Seaways, Inc. (28.21%), less than Overseas Shipholding Group, Inc. (18.38%), less than Ardmore Shipping Corporation (24.51%), less than Euronav NV (55.26%),

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Frequently asked questions❓

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