TORM Return on Tangible Equity 2016-2025 | TRMD

Current and historical return on tangible equity values for TORM (TRMD) over the last 10 years. Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.
TORM Return On Tangible Equity Historical Data
Date TTM Net Income Tangible Equity Return on Tangible Equity
2025-03-31 $0.47B $2.14B 22.49%
2024-12-31 $0.61B $2.07B 29.91%
2024-09-30 $0.72B $2.04B 36.97%
2024-06-30 $0.71B $2.04B 38.97%
2024-03-31 $0.71B $2.06B 41.16%
2023-12-31 $0.65B $1.66B 40.29%
2023-09-30 $0.69B $1.57B 44.13%
2023-06-30 $0.79B $1.56B 51.40%
2023-03-31 $0.71B $1.65B 49.02%
2022-12-31 $0.56B $1.50B 43.22%
2022-09-30 $0.33B $1.40B 27.38%
2022-06-30 $0.09B $1.22B 8.52%
2022-03-31 $-0.01B $1.10B -1.04%
2021-12-31 $-0.04B $1.05B -4.04%
2021-09-30 $-0.07B $1.05B -7.19%
2021-06-30 $-0.06B $1.05B -5.63%
2021-03-31 $0.01B $1.00B 1.05%
2020-12-31 $0.09B $1.02B 8.33%
2020-09-30 $0.28B $1.05B 26.08%
2020-06-30 $0.27B $1.11B 26.39%
2020-03-31 $0.20B $1.05B 21.11%
2019-12-31 $0.17B $1.01B 18.49%
2019-09-30 $0.02B $0.85B 1.98%
2019-06-30 $0.00B $0.86B 0.12%
2019-03-31 $-0.01B $0.87B -1.51%
2018-12-31 $-0.04B $0.85B -4.02%
2018-09-30 $-0.03B $0.86B -3.39%
2018-06-30 $-0.01B $0.88B -1.25%
2018-03-31 $0.00B $0.89B -0.16%
2017-12-31 $0.00B $0.79B 0.76%
2017-06-30 $0.02B $0.79B 9.14%
Sector Industry Market Cap Revenue
Transportation Transportation - Shipping $1.808B $1.559B
TORM is a carrier of refined oil products. The Company operates a fleet of approximately 80 modern vessels.
Stock Name Country Market Cap PE Ratio
A.P Moller-Maersk (AMKBY) Denmark $34.412B 4.83
COSCO SHIPPING Holdings (CICOY) China $29.847B 0.00
Nippon Yusen Kabushiki Kaisha (NPNYY) Japan $15.584B 6.08
Keppel (KPELY) Singapore $12.223B 0.00
Orient Overseas (OROVY) Hong Kong, SAR China $12.035B 0.00
Kirby (KEX) United States $5.589B 17.06
Frontline (FRO) Bermuda $4.261B 14.28
Hafnia (HAFN) Singapore $2.793B 4.55
Scorpio Tankers (STNG) $2.331B 9.48
Star Bulk Carriers (SBLK) Greece $2.216B 18.11
International Seaways (INSW) United States $2.116B 9.99
BW LPG (BWLP) Singapore $1.946B 7.82
ZIM Integrated Shipping Services (ZIM) Israel $1.866B 0.79
DHT Holdings (DHT) Bermuda $1.836B 10.68
Cadeler (CDLR) Denmark $1.836B 25.51
Danaos (DAC) Greece $1.797B 3.73
CMB.TECH Nv (CMBT) Belgium $1.764B 9.07
Golden Ocean Group (GOGL) Bermuda $1.699B 16.39
Teekay Tankers (TNK) Bermuda $1.531B 7.50
Pacific Basin Shipping (PCFBY) Hong Kong, SAR China $1.451B 0.00
Capital Clean Energy Carriers (CCEC) Greece $1.389B 13.99
Flex LNG (FLNG) Bermuda $1.368B 11.55
SFL (SFL) Bermuda $1.339B 13.13
Navios Maritime Partners LP (NMM) $1.315B 4.26
Dorian LPG (LPG) United States $1.310B 23.63
Costamare (CMRE) $1.279B 3.88
Navigator Holdings (NVGS) United Kingdom $1.101B 11.58
Global Ship Lease (GSL) Greece $1.060B 2.90
Okeanis Eco Tankers (ECO) Greece $0.787B 9.98
Genco Shipping & Trading (GNK) United States $0.698B 58.04
Tsakos Energy Navigation (TEN) Greece $0.611B 6.20
Nordic American Tankers (NAT) Bermuda $0.608B 16.88
Ardmore Shipping (ASC) Bermuda $0.429B 9.10
Safe Bulkers (SB) $0.429B 11.32
Cool (CLCO) United Kingdom $0.392B 0.00
Euroseas (ESEA) Greece $0.350B 3.13
Pangaea Logistics Solutions (PANL) United States $0.322B 14.03
StealthGas (GASS) Greece $0.247B 3.69
KNOT Offshore Partners LP (KNOP) United Kingdom $0.237B 10.48
Diana Shipping Inc (DSX) Greece $0.181B 31.20
SEACOR Marine Holdings (SMHI) United States $0.173B 0.00
Seanergy Maritime Holdings Corp (SHIP) Greece $0.150B 10.47
Martin Midstream Partners (MMLP) United States $0.123B 0.00
Uni-Fuels Holdings (UFG) $0.095B 0.00
Heidmar Maritime Holdings (HMR) Greece $0.091B 0.00
Imperial Petroleum (IMPP) Greece $0.090B 2.23
Intercont (Cayman) (NCT) Hong Kong, SAR China $0.072B 0.00
Toro (TORO) $0.055B 0.00
Odyssey Marine Exploration (OMEX) United States $0.052B 0.00
Pyxis Tankers (PXS) Greece $0.028B 12.14
Performance Shipping (PSHG) Greece $0.022B 1.15
Euroholdings (EHLD) $0.021B 0.00
Globus Maritime (GLBS) Greece $0.021B 0.00
Castor Maritime (CTRM) $0.020B 3.66
United Maritime (USEA) Greece $0.014B 0.00
TIANCI INTERNATIONAL, INC (CIIT) United States $0.014B 0.00
Robin Energy (RBNE) $0.011B 0.00
IOThree (IOTR) Singapore $0.010B 0.00
Icon Energy (ICON) Greece $0.005B 0.00
C3is (CISS) Greece $0.002B 3.11
OceanPal (OP) Greece $0.001B 0.00
EuroDry (EDRY) Greece $0.000B 0.00
Pingtan Marine Enterprise (PME) China $0.000B 0.00
Himalaya Shipping (HSHP) Bermuda $0.000B 25.61