TRMD Q2 2024 Earnings — TORM plc Revenue & Financial Results | Market Cap Arena

TRMDTORM plc

$3B

Q2 2024 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$438M+13.9% YoY

Gross Profit

$281M64.1% margin

Operating Income

$204M46.7% margin

Net Income

$195M44.4% margin

EPS (Diluted)

$2.01

QoQ Revenue Growth

-1.4%

Cash Flow

Operating Cash Flow

$282M

Free Cash Flow

$261M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.5B

Total Liabilities

$1.4B

Stockholders' Equity

$2.0B

Cash & Equivalents

$532M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$438M	$384M	+13.9%
Gross Profit	$281M	$273M	+2.7%
Operating Income	$204M	$200M	+2.3%
Net Income	$195M	$185M	+4.9%