Torm plc income statement

In fiscal 2025, Torm plc reported revenue of $1.34bn, down 14.1% on the year before, operating income of $356m (a 26.6% margin) and net income of $285m, or $2.85 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Torm plc: income statement, annual
Fiscal year	2015Dec 2015	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	540	747	620	1,443	1,520	1,559	1,340
General and administrative	19	51	52	55	83	96	114
Operating income	143	139	1	602	699	659	356
Interest expense	15	47	40	49	56	70	69
Income before tax	127	90	−41	557	652	610	295
Income tax	1	1	1	−6	4	−2	9
Net income	126	88	−42	563	648	613	285
Diluted EPS	$2.40	$1.19	−$0.54	$6.80	$7.48	$6.36	$2.85
Diluted shares (average)	52m	74m	78m	83m	87m	96m	100m
EBITDA	210	261	132	741	848	851	571

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Torm plc's SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Torm plc.