TORM Operating Expenses 2016-2025 | TRMD

TORM operating expenses from 2016 to 2025. Operating expenses can be defined as the sum of all operating expenses for the given industry.
TORM Annual Operating Expenses
(Millions of US $)
2024 $952
2023 $872
2022 $850
2021 $613
2020 $598
2019 $601
2018 $630
2017 $617
2016 $603
2015 $398
TORM Quarterly Operating Expenses
(Millions of US $)
2025-03-31 $256
2024-12-31 $229
2024-09-30 $241
2024-06-30 $244
2024-03-31 $238
2023-12-31 $232
2023-09-30 $225
2023-06-30 $188
2023-03-31 $227
2022-12-31 $216
2022-09-30 $229
2022-06-30 $220
2022-03-31 $184
2021-12-31 $194
2021-09-30 $159
2021-06-30 $124
2021-03-31 $136
2020-12-31 $139
2020-09-30 $148
2020-06-30 $140
2020-03-31 $173
2019-12-31 $155
2019-09-30 $143
2019-06-30 $152
2019-03-31 $152
2018-12-31 $158
2018-09-30 $154
2018-06-30 $163
2018-03-31 $155
2017-12-31 $159
2017-09-30 $147
2017-06-30 $152
2017-03-31 $158
2016-12-31
2016-06-30 $152
2015-12-31
Sector Industry Market Cap Revenue
Transportation Transportation - Shipping $1.675B $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 $30.803B 4.32
COSCO SHIPPING Holdings (CICOY) China $27.612B 0.00
Nippon Yusen Kabushiki Kaisha (NPNYY) Japan $15.237B 5.20
Orient Overseas (OROVY) Hong Kong, SAR China $11.345B 0.00
Keppel (KPELY) Singapore $11.188B 0.00
Kirby (KEX) United States $6.567B 20.90
Frontline (FRO) Bermuda $4.107B 13.77
Hafnia (HAFN) Singapore $2.635B 4.30
Scorpio Tankers (STNG) $2.324B 6.50
Star Bulk Carriers (SBLK) Greece $2.120B 10.30
International Seaways (INSW) United States $1.964B 7.06
ZIM Integrated Shipping Services (ZIM) Israel $1.931B 0.82
CMB.TECH Nv (CMBT) Belgium $1.853B 9.53
DHT Holdings (DHT) Bermuda $1.772B 10.03
Cadeler (CDLR) Denmark $1.761B 24.48
BW LPG (BWLP) Singapore $1.731B 6.96
Danaos (DAC) Greece $1.690B 3.45
Golden Ocean Group (GOGL) Bermuda $1.634B 15.71
Teekay Tankers (TNK) Bermuda $1.527B 5.84
Capital Clean Energy Carriers (CCEC) Greece $1.413B 15.22
Pacific Basin Shipping (PCFBY) Hong Kong, SAR China $1.341B 0.00
SFL (SFL) Bermuda $1.319B 12.93
Flex LNG (FLNG) Bermuda $1.222B 10.31
Dorian LPG (LPG) United States $1.185B 12.11
Navios Maritime Partners LP (NMM) $1.149B 3.72
Costamare (CMRE) $1.128B 3.42
Navigator Holdings (NVGS) United Kingdom $1.061B 11.16
Global Ship Lease (GSL) Greece $0.979B 2.73
Okeanis Eco Tankers (ECO) Greece $0.755B 9.57
Genco Shipping & Trading (GNK) United States $0.632B 16.72
Tsakos Energy Navigation (TEN) Greece $0.615B 6.24
Nordic American Tankers (NAT) Bermuda $0.576B 12.36
Safe Bulkers (SB) $0.426B 7.64
Ardmore Shipping (ASC) Bermuda $0.421B 5.00
Cool (CLCO) United Kingdom $0.375B 0.00
Pangaea Logistics Solutions (PANL) United States $0.339B 11.00
Euroseas (ESEA) Greece $0.331B 2.97
StealthGas (GASS) Greece $0.247B 3.69
KNOT Offshore Partners LP (KNOP) United Kingdom $0.236B 10.44
Diana Shipping Inc (DSX) Greece $0.183B 52.67
SEACOR Marine Holdings (SMHI) United States $0.158B 0.00
Seanergy Maritime Holdings Corp (SHIP) Greece $0.136B 5.32
Intercont (Cayman) (NCT) Hong Kong, SAR China $0.121B 0.00
Martin Midstream Partners (MMLP) United States $0.098B 0.00
Imperial Petroleum (IMPP) Greece $0.094B 2.33
Heidmar Maritime Holdings (HMR) Greece $0.088B 0.00
Uni-Fuels Holdings (UFG) $0.068B 0.00
Toro (TORO) $0.057B 6.04
Odyssey Marine Exploration (OMEX) United States $0.043B 0.00
Pyxis Tankers (PXS) Greece $0.031B 3.51
EuroDry (EDRY) Greece $0.028B 0.00
Euroholdings (EHLD) $0.024B 0.00
Globus Maritime (GLBS) Greece $0.023B 0.00
Performance Shipping (PSHG) Greece $0.023B 1.18
Castor Maritime (CTRM) $0.023B 4.10
TIANCI INTERNATIONAL, INC (CIIT) United States $0.018B 0.00
Robin Energy (RBNE) $0.018B 0.00
United Maritime (USEA) Greece $0.014B 0.00
IOThree (IOTR) Singapore $0.010B 0.00
OceanPal (OP) Greece $0.010B 0.00
Icon Energy (ICON) Greece $0.006B 0.00
C3is (CISS) Greece $0.002B 3.25
Pingtan Marine Enterprise (PME) China $0.000B 0.00
Himalaya Shipping (HSHP) Bermuda $0.000B 23.68