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TORM (OCSE:TRMD A) Pre-Tax Income : kr4,196 Mil (TTM As of Dec. 2024)


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What is TORM Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. TORM's pretax income for the three months ended in Dec. 2024 was kr533 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2024 was kr4,196 Mil. TORM's pretax margin was 24.49%.

During the past 13 years, TORM's highest Pretax Margin was 42.88%. The lowest was -20.84%. And the median was 17.75%.


TORM Pre-Tax Income Historical Data

The historical data trend for TORM's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TORM Pre-Tax Income Chart

TORM Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 547.51 -268.14 3,909.65 4,456.29 4,340.92

TORM Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,263.07 1,446.05 1,338.88 878.71 532.73

Competitive Comparison of TORM's Pre-Tax Income

For the Oil & Gas Midstream subindustry, TORM's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TORM's Pre-Tax Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TORM's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where TORM's Pre-Tax Income falls into.


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TORM Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

TORM's Pretax Income for the fiscal year that ended in Dec. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=4326.676+360.378+-500.684+174.491+-19.941
=4,341

TORM's Pretax Income for the quarter that ended in Dec. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=547.689+84.753+-105.407+25.64+-19.942
=533

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr4,196 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


TORM  (OCSE:TRMD A) Pre-Tax Income Explanation

TORM's Pretax Margin for the quarter that ended in Dec. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=532.733/2175.089
=24.49%

During the past 13 years, TORM's highest Pretax Margin was 42.88%. The lowest was -20.84%. And the median was 17.75%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


TORM Pre-Tax Income Related Terms

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TORM Business Description

Traded in Other Exchanges
Address
120 Cannon Street, 4th Floor, London, GBR, EC4N 6AS
TORM PLC operates as a shipping company. The company owns and operates product tankers. It is engaged in the transportation of refined oil products The company transports clean petroleum products including gasoline, jet fuel, naphtha, and diesel oil, as well as other clean products. Its segments include the Tanker segment, and Marine Engineering segment. The company derives maximum revenue from Tanker segment.

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