Torm Net Income from 2010 to 2024

TRMD Stock  USD 20.94  0.15  0.71%   
Torm PLC's Net Income is increasing over the years with slightly volatile fluctuation. Overall, Net Income is expected to go to about 680.7 M this year. During the period from 2010 to 2024 Torm PLC Net Income annual values regression line had coefficient of variation of  912.86 and r-squared of  0.65. View All Fundamentals
 
Net Income  
First Reported
2002-03-31
Previous Quarter
209.2 M
Current Value
194.5 M
Quarterly Volatility
91.2 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Torm PLC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Torm PLC's main balance sheet or income statement drivers, such as Total Revenue of 809.6 M, Gross Profit of 917.8 M or Other Operating Expenses of 686.5 M, as well as many indicators such as Price To Sales Ratio of 2.32, Dividend Yield of 0.24 or PTB Ratio of 1.9. Torm financial statements analysis is a perfect complement when working with Torm PLC Valuation or Volatility modules.
  
Check out the analysis of Torm PLC Correlation against competitors.

Latest Torm PLC's Net Income Growth Pattern

Below is the plot of the Net Income of Torm PLC Class over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Torm PLC Class financial statement analysis. It represents the amount of money remaining after all of Torm PLC Class operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Torm PLC's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Torm PLC's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 648.26 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Torm Net Income Regression Statistics

Arithmetic Mean40,363,358
Coefficient Of Variation912.86
Mean Deviation270,618,147
Median2,407,000
Standard Deviation368,461,490
Sample Variance135763.9T
Range1.3B
R-Value0.81
Mean Square Error50549.7T
R-Squared0.65
Significance0.0003
Slope66,642,660
Total Sum of Squares1900694.2T

Torm Net Income History

2024680.7 M
2023648.3 M
2022562.8 M
2021-42.1 M
202088.1 M
2019166 M
2018-34.8 M

Other Fundumenentals of Torm PLC Class

Torm PLC Net Income component correlations

About Torm PLC Financial Statements

Torm PLC stakeholders use historical fundamental indicators, such as Torm PLC's Net Income, to determine how well the company is positioned to perform in the future. Although Torm PLC investors may analyze each financial statement separately, they are all interrelated. For example, changes in Torm PLC's assets and liabilities are reflected in the revenues and expenses on Torm PLC's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Torm PLC Class. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income648.3 M680.7 M
Net Income From Continuing Ops648 M680.4 M
Net Income Applicable To Common Shares647.2 M679.5 M
Net Income Per Share 7.48  7.11 
Net Income Per E B T 0.99  1.20 

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When determining whether Torm PLC Class is a strong investment it is important to analyze Torm PLC's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Torm PLC's future performance. For an informed investment choice regarding Torm Stock, refer to the following important reports:
Check out the analysis of Torm PLC Correlation against competitors.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Torm PLC. If investors know Torm will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Torm PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.05)
Dividend Share
5.86
Earnings Share
8.08
Revenue Per Share
18.109
Quarterly Revenue Growth
0.039
The market value of Torm PLC Class is measured differently than its book value, which is the value of Torm that is recorded on the company's balance sheet. Investors also form their own opinion of Torm PLC's value that differs from its market value or its book value, called intrinsic value, which is Torm PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Torm PLC's market value can be influenced by many factors that don't directly affect Torm PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Torm PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Torm PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Torm PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.