TORM Return on Tangible Equity 2016-2026 | 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.
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TORM Return On Tangible Equity Historical Data
Date TTM Net Income Tangible Equity Return on Tangible Equity
2026-03-31 $0.35B $2.18B 15.88%
2025-12-31 $0.29B $2.15B 13.32%
2025-09-30 $0.28B $2.12B 13.10%
2025-06-30 $0.33B $2.09B 15.81%
2025-03-31 $0.47B $2.07B 22.49%
2024-12-31 $0.61B $2.05B 29.91%
2024-09-30 $0.72B $1.95B 36.97%
2024-06-30 $0.71B $1.83B 38.97%
2024-03-31 $0.71B $1.71B 41.16%
2023-12-31 $0.65B $1.61B 40.29%
2023-09-30 $0.69B $1.57B 44.13%
2023-06-30 $0.79B $1.53B 51.40%
2023-03-31 $0.71B $1.44B 49.02%
2022-12-31 $0.56B $1.30B 43.22%
2022-09-30 $0.33B $1.19B 27.38%
2022-06-30 $0.09B $1.10B 8.52%
2022-03-31 $-0.01B $1.06B -1.04%
2021-12-31 $-0.04B $1.04B -4.04%
2021-09-30 $-0.07B $1.03B -7.19%
2021-06-30 $-0.06B $1.03B -5.63%
2021-03-31 $0.01B $1.05B 1.05%
2020-12-31 $0.09B $1.06B 8.33%
2020-09-30 $0.28B $1.05B 26.08%
2020-06-30 $0.27B $1.00B 26.39%
2020-03-31 $0.20B $0.94B 21.11%
2019-12-31 $0.17B $0.90B 18.49%
2019-09-30 $0.02B $0.86B 1.98%
2019-06-30 $0.00B $0.86B 0.12%
2019-03-31 $-0.01B $0.86B -1.51%
2018-12-31 $-0.04B $0.87B -4.02%
2018-09-30 $-0.03B $0.86B -3.39%
2018-06-30 $-0.01B $0.64B -1.25%
2018-03-31 $0.00B $0.62B -0.16%
2017-12-31 $0.00B $0.40B 0.76%
2017-06-30 $0.02B $0.20B 9.14%
Sector Industry Market Cap Revenue
Transportation Transportation - Shipping $2.992B $1.340B
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 $39.160B 13.74
COSCO SHIPPING Holdings (CICOY) China $30.169B 0.00
Keppel (KPELY) Singapore $16.951B 0.00
Nippon Yusen Kabushiki Kaisha (NPNYY) Japan $15.963B 11.83
Orient Overseas (OROVY) Hong Kong, SAR China $11.983B 0.00
Frontline (FRO) Bermuda $7.645B 19.51
Kirby (KEX) United States $7.527B 22.18
Hafnia (HAFN) Singapore $4.142B 11.88
Scorpio Tankers (STNG) $3.857B 13.43
International Seaways (INSW) United States $3.648B 13.63
ZIM Integrated Shipping Services (ZIM) Israel $3.179B 8.57
DHT Holdings (DHT) Bermuda $2.808B 14.55
Star Bulk Carriers (SBLK) Greece $2.747B 29.18
BW LPG (BWLP) Singapore $2.701B 11.16
Teekay Tankers (TNK) Bermuda $2.555B 10.63
CMB.TECH Nv (CMBT) Belgium $2.485B 19.17
Cadeler (CDLR) Denmark $2.265B 7.17
Danaos (DAC) Greece $2.094B 4.38
Costamare (CMRE) $2.071B 6.17
Navios Maritime Partners LP (NMM) Greece $1.983B 6.94
Okeanis Eco Tankers (ECO) Greece $1.914B 13.11
Pacific Basin Shipping (PCFBY) Hong Kong, SAR China $1.808B 0.00
Flex LNG (FLNG) Bermuda $1.582B 15.72
SFL (SFL) Bermuda $1.567B 0.00
Dorian LPG (LPG) United States $1.479B 11.77
Global Ship Lease (GSL) Greece $1.376B 3.73
Navigator Holdings (NVGS) United Kingdom $1.288B 16.73
Nordic American Tankers (NAT) Bermuda $1.211B 81.71
Tsakos Energy Navigation (TEN) Greece $1.175B 8.99
Capital Clean Energy Carriers (CCEC) Greece $1.051B 9.32
Genco Shipping & Trading (GNK) United States $1.009B 0.00
Safe Bulkers (SB) $0.658B 20.09
Ardmore Shipping (ASC) Bermuda $0.631B 16.30
Himalaya Shipping (HSHP) Bermuda $0.629B 35.50
Cool (CLCO) United Kingdom $0.519B 0.00
Euroseas (ESEA) Greece $0.478B 4.09
Pangaea Logistics Solutions (PANL) United States $0.476B 26.04
StealthGas (GASS) Greece $0.348B 5.74
KNOT Offshore Partners LP (KNOP) United Kingdom $0.347B 8.85
Seanergy Maritime Holdings Corp (SHIP) Greece $0.300B 13.53
Diana Shipping Inc (DSX) Greece $0.280B 22.00
SEACOR Marine Holdings (SMHI) United States $0.208B 0.00
Imperial Petroleum (IMPP) Greece $0.154B 3.15
Martin Midstream Partners (MMLP) United States $0.107B 0.00
Toro (TORO) $0.083B 96.75
EuroDry (EDRY) Greece $0.054B 0.00
Odyssey Marine Exploration (OMEX) United States $0.051B 0.00
Heidmar Maritime Holdings (HMR) Greece $0.050B 0.00
Pyxis Tankers (PXS) Greece $0.046B 23.42
Globus Maritime (GLBS) Greece $0.043B 0.00
TIANCI INTERNATIONAL, INC (CIIT) Hong Kong, SAR China $0.039B 0.00
Uni-Fuels Holdings (UFG) $0.027B 0.00
Performance Shipping (PSHG) Greece $0.023B 1.45
Euroholdings (EHLD) $0.021B 4.66
OceanPal (SVRN) Greece $0.020B 0.00
United Maritime (USEA) Greece $0.019B 0.00
Castor Maritime (CTRM) $0.017B 0.00
Robin Energy (RBNE) $0.012B 0.00
IOThree (IOTR) Singapore $0.007B 0.00
Intercont (Cayman) (NCT) Hong Kong, SAR China $0.003B 0.00
Rubico (RUBI) Greece $0.003B 0.00
C3is (CISS) Greece $0.001B 0.00
Icon Energy (ICON) Greece $0.001B 0.00
Pingtan Marine Enterprise (PME) China $0.000B 0.00