TORM Past Earnings Performance
Past criteria checks 4/6
TORM has been growing earnings at an average annual rate of 52.2%, while the Oil and Gas industry saw earnings growing at 29% annually. Revenues have been growing at an average rate of 22.3% per year. TORM's return on equity is 34.1%, and it has net margins of 44.7%.
Key information
52.2%
Earnings growth rate
49.6%
EPS growth rate
| Oil and Gas Industry Growth | 27.8% |
| Revenue growth rate | 22.3% |
| Return on equity | 34.1% |
| Net Margin | 44.7% |
| Next Earnings Update | 15 Aug 2024 |
Recent past performance updates
Recent updates
We Take A Look At Why TORM plc's (CPH:TRMD A) CEO Has Earned Their Pay Packet
Apr 05
Investors Shouldn't Be Too Comfortable With TORM's (CPH:TRMD A) Earnings
Mar 15TORM plc Beat Revenue Forecasts By 16%: Here's What Analysts Are Forecasting Next
Mar 11Growth Investors: Industry Analysts Just Upgraded Their TORM plc (CPH:TRMD A) Revenue Forecasts By 10%
Mar 09Is TORM (CPH:TRMD A) Using Too Much Debt?
Feb 29Is Now The Time To Put TORM (CPH:TRMD A) On Your Watchlist?
Jan 23Why Investors Shouldn't Be Surprised By TORM plc's (CPH:TRMD A) Low P/E
Dec 25Investors Shouldn't Overlook TORM's (CPH:TRMD A) Impressive Returns On Capital
Dec 11TORM (CPH:TRMD A) Seems To Use Debt Quite Sensibly
Oct 11Here's Why TORM (CPH:TRMD A) Has Caught The Eye Of Investors
Sep 11Are Investors Undervaluing TORM plc (CPH:TRMD A) By 32%?
Aug 24The Trend Of High Returns At TORM (CPH:TRMD A) Has Us Very Interested
Aug 09Some Confidence Is Lacking In TORM plc's (CPH:TRMD A) P/S
Jul 04These 4 Measures Indicate That TORM (CPH:TRMD A) Is Using Debt Reasonably Well
Jun 13Why The 25% Return On Capital At TORM (CPH:TRMD A) Should Have Your Attention
Apr 10Analysts' Revenue Estimates For TORM plc (CPH:TRMD A) Are Surging Higher
Mar 15Is TORM (CPH:TRMD A) Using Too Much Debt?
Feb 09TORM's (CPH:TRMD A) Returns On Capital Are Heading Higher
Dec 08Analysts Are Betting On TORM plc (CPH:TRMD A) With A Big Upgrade This Week
Nov 13TORM (CPH:TRMD A) Takes On Some Risk With Its Use Of Debt
Oct 18TORM plc (CPH:TRMD A) Analysts Just Slashed This Year's Revenue Estimates By 12%
Sep 06Analysts Just Published A Bright New Outlook For TORM plc's (CPH:TRMD A)
Aug 11TORM (CPH:TRMD A) Might Be Having Difficulty Using Its Capital Effectively
Aug 04TORM (CPH:TRMD A) Use Of Debt Could Be Considered Risky
Jul 14Broker Revenue Forecasts For TORM plc (CPH:TRMD A) Are Surging Higher
May 20TORM (CPH:TRMD A) Might Be Having Difficulty Using Its Capital Effectively
Apr 30Is TORM (CPH:TRMD A) Using Too Much Debt?
Mar 27Health Check: How Prudently Does TORM (CPH:TRMD A) Use Debt?
Dec 11Revenue & Expenses Breakdown
How TORM makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 1,574 | 704 | 92 | 0 |
| 31 Dec 23 | 1,520 | 648 | 83 | 0 |
| 30 Sep 23 | 1,580 | 692 | 74 | 0 |
| 30 Jun 23 | 1,670 | 785 | 69 | 0 |
| 31 Mar 23 | 1,624 | 706 | 59 | 0 |
| 31 Dec 22 | 1,443 | 563 | 55 | 0 |
| 30 Sep 22 | 1,185 | 326 | 52 | 0 |
| 30 Jun 22 | 893 | 94 | 51 | 0 |
| 31 Mar 22 | 705 | -10 | 51 | 0 |
| 31 Dec 21 | 620 | -42 | 52 | 0 |
| 30 Sep 21 | 547 | -74 | 52 | 0 |
| 30 Jun 21 | 552 | -59 | 52 | 0 |
| 31 Mar 21 | 629 | 10 | 51 | 0 |
| 31 Dec 20 | 747 | 88 | 51 | 0 |
| 30 Sep 20 | 824 | 275 | 50 | 0 |
| 30 Jun 20 | 810 | 265 | 49 | 0 |
| 31 Mar 20 | 749 | 199 | 49 | 0 |
| 31 Dec 19 | 693 | 166 | 48 | 0 |
| 30 Sep 19 | 668 | 18 | 48 | 0 |
| 30 Jun 19 | 662 | 2 | 48 | 0 |
| 31 Mar 19 | 659 | -12 | 48 | 0 |
| 31 Dec 18 | 635 | -35 | 48 | 0 |
| 30 Sep 18 | 638 | -29 | 48 | 0 |
| 30 Jun 18 | 653 | -9 | 47 | 0 |
| 31 Mar 18 | 647 | -1 | 47 | 0 |
| 31 Dec 17 | 657 | 2 | 45 | 0 |
| 30 Sep 17 | 639 | -191 | 42 | 0 |
| 30 Jun 17 | 639 | -185 | 42 | 0 |
| 31 Mar 17 | 659 | -169 | 41 | 0 |
| 31 Dec 16 | 680 | -142 | 41 | 0 |
| 30 Sep 16 | 713 | 74 | 42 | 0 |
| 30 Jun 16 | 772 | 137 | 41 | 0 |
| 31 Mar 16 | 667 | 142 | 30 | 0 |
| 31 Dec 15 | 540 | 126 | 19 | 0 |
| 30 Sep 15 | 419 | 109 | 9 | 0 |
| 31 Dec 14 | 180 | 13 | 1 | 0 |
| 31 Dec 13 | 35 | 3 | 2 | 0 |
Quality Earnings: TRMD A has high quality earnings.
Growing Profit Margin: TRMD A's current net profit margins (44.7%) are higher than last year (43.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TRMD A has become profitable over the past 5 years, growing earnings by 52.2% per year.
Accelerating Growth: TRMD A's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TRMD A had negative earnings growth (-0.2%) over the past year, making it difficult to compare to the Oil and Gas industry average (-8.7%).
Return on Equity
High ROE: TRMD A's Return on Equity (34.1%) is considered high.