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 |
| 2025-09-30 | $0.28B | $2.15B | 13.10% |
| 2025-06-30 | $0.33B | $2.10B | 15.81% |
| 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 | $2.111B | $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 | $39.983B | 8.04 |
| COSCO SHIPPING Holdings (CICOY) | China | $28.522B | 0.00 |
| Nippon Yusen Kabushiki Kaisha (NPNYY) | Japan | $14.759B | 7.47 |
| Keppel (KPELY) | Singapore | $14.718B | 0.00 |
| Kirby (KEX) | United States | $6.799B | 21.12 |
| Frontline (FRO) | Bermuda | $5.603B | 27.07 |
| Hafnia (HAFN) | Singapore | $2.858B | 9.25 |
| ZIM Integrated Shipping Services (ZIM) | Israel | $2.803B | 2.80 |
| Scorpio Tankers (STNG) | $2.802B | 12.05 | |
| International Seaways (INSW) | United States | $2.690B | 14.07 |
| Star Bulk Carriers (SBLK) | Greece | $2.308B | 35.67 |
| CMB.TECH Nv (CMBT) | Belgium | $2.167B | 24.22 |
| DHT Holdings (DHT) | Bermuda | $2.122B | 11.69 |
| Teekay Tankers (TNK) | Bermuda | $2.025B | 10.37 |
| Costamare (CMRE) | $1.986B | 5.73 | |
| Danaos (DAC) | Greece | $1.909B | 3.92 |
| BW LPG (BWLP) | Singapore | $1.806B | 12.14 |
| Cadeler (CDLR) | Denmark | $1.771B | 5.90 |
| Navios Maritime Partners LP (NMM) | $1.646B | 6.04 | |
| Pacific Basin Shipping (PCFBY) | Hong Kong, SAR China | $1.572B | 0.00 |
| Flex LNG (FLNG) | Bermuda | $1.399B | 12.98 |
| Global Ship Lease (GSL) | Greece | $1.296B | 3.45 |
| Navigator Holdings (NVGS) | United Kingdom | $1.260B | 14.65 |
| Okeanis Eco Tankers (ECO) | Greece | $1.249B | 16.37 |
| SFL (SFL) | Bermuda | $1.214B | 36.22 |
| Capital Clean Energy Carriers (CCEC) | Greece | $1.211B | 11.46 |
| Dorian LPG (LPG) | United States | $1.208B | 12.48 |
| Nordic American Tankers (NAT) | Bermuda | $0.839B | 198.00 |
| Genco Shipping & Trading (GNK) | United States | $0.813B | 0.00 |
| Tsakos Energy Navigation (TEN) | Greece | $0.749B | 8.12 |
| Safe Bulkers (SB) | $0.526B | 15.58 | |
| Cool (CLCO) | United Kingdom | $0.519B | 0.00 |
| Ardmore Shipping (ASC) | Bermuda | $0.472B | 12.63 |
| Pangaea Logistics Solutions (PANL) | United States | $0.445B | 24.46 |
| Euroseas (ESEA) | Greece | $0.388B | 3.57 |
| KNOT Offshore Partners LP (KNOP) | United Kingdom | $0.359B | 7.38 |
| StealthGas (GASS) | Greece | $0.289B | 4.61 |
| Diana Shipping Inc (DSX) | Greece | $0.213B | 16.73 |
| Seanergy Maritime Holdings Corp (SHIP) | Greece | $0.197B | 13.08 |
| SEACOR Marine Holdings (SMHI) | United States | $0.167B | 0.00 |
| Imperial Petroleum (IMPP) | Greece | $0.138B | 3.47 |
| Toro (TORO) | $0.125B | 146.00 | |
| Odyssey Marine Exploration (OMEX) | United States | $0.120B | 0.00 |
| Martin Midstream Partners (MMLP) | United States | $0.117B | 0.00 |
| Heidmar Maritime Holdings (HMR) | Greece | $0.053B | 0.00 |
| Uni-Fuels Holdings (UFG) | $0.038B | 0.00 | |
| Globus Maritime (GLBS) | Greece | $0.034B | 0.00 |
| Pyxis Tankers (PXS) | Greece | $0.031B | 146.50 |
| Performance Shipping (PSHG) | Greece | $0.025B | 1.50 |
| Castor Maritime (CTRM) | $0.021B | 0.00 | |
| Euroholdings (EHLD) | $0.020B | 0.00 | |
| United Maritime (USEA) | Greece | $0.016B | 0.00 |
| Robin Energy (RBNE) | $0.010B | 0.00 | |
| TIANCI INTERNATIONAL, INC (CIIT) | Hong Kong, SAR China | $0.009B | 0.00 |
| OceanPal (SVRN) | Greece | $0.008B | 0.00 |
| Intercont (Cayman) (NCT) | Hong Kong, SAR China | $0.007B | 0.00 |
| IOThree (IOTR) | Singapore | $0.007B | 0.00 |
| Rubico (RUBI) | Greece | $0.002B | 0.00 |
| Icon Energy (ICON) | Greece | $0.002B | 0.00 |
| C3is (CISS) | Greece | $0.000B | 0.00 |
| EuroDry (EDRY) | Greece | $0.000B | 0.00 |
| Pingtan Marine Enterprise (PME) | China | $0.000B | 0.00 |
| Himalaya Shipping (HSHP) | Bermuda | $0.000B | 79.64 |