TRMD Q1 2024 Earnings — TORM plc Revenue & Financial Results | Market Cap Arena

TRMDTORM plc

$3B

Q1 2024 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$444M+13.8% YoY

Gross Profit

$289M65.0% margin

Operating Income

$223M50.1% margin

Net Income

$209M47.1% margin

EPS (Diluted)

$2.26

QoQ Revenue Growth

+14.5%

Cash Flow

Operating Cash Flow

$187M

Free Cash Flow

-$55M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.5B

Total Liabilities

$1.4B

Stockholders' Equity

$2.1B

Cash & Equivalents

$560M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$444M	$390M	+13.8%
Gross Profit	$289M	$233M	+23.9%
Operating Income	$223M	$164M	+36.2%
Net Income	$209M	$154M	+36.2%