Torm PLC Earnings Reports

TORM delivered its strongest quarter of 2025 with robust net income and stable operations, despite headwinds from softer freight rates and lower revenue year-over-year.

TORM reported Q2 2025 revenue of $315.2M and net income of $58.7M, down year-over-year as freight rates returned to more normalized levels. Despite a 28% revenue drop, the company demonstrated operational strength and upgraded its full-year outlook.

Torm PLC posted Q4 2024 revenue of $214.7 million, down from $266.4 million in the previous year due to market volatility and changing demand patterns. Net income fell to $77.4 million from $184.6 million in Q4 2023. EBITDA decreased to $142.2 million from $234.3 million in the prior year, reflecting lower tanker rates. The company declared a dividend of $0.60 per share for the quarter, representing a 75% payout ratio.