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Torm Plc  (NASDAQ: TRMD)
Other Ticker:  
 
 

TRMD's Operating Income Growth by Quarter and Year

Torm Plc's Operating Income results by quarter and year




TRMD Operating Income (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December 698.60 601.42 1.40 205.89
III Quarter September 0.00 0.00 0.00 0.00
II Quarter June 0.00 0.00 0.00 0.00
I Quarter March 0.00 0.00 0.00 0.00
FY   698.60 601.42 1.40 205.89



TRMD Operating Income fourth quarter 2023 Y/Y Growth Comment
Torm Plc reported Operating Income increase of 16.16% year on year in the fourth quarter 2023, to $ 698.60 millions, this is lower than Torm Plc's recent average Operating Income surge of 16731.22%.
This represents worst decline in recent Company history.

Looking into fourth quarter 2023 results within Marine Transportation industry 11 other companies have achieved higher Operating Income growth. While Torm Plc' s Operating Income growth of 16.16% ranks overall at the positon no. 664 in the fourth quarter 2023.

Explain Operating Income growth


TRMD Operating Income ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December 16.16 % 42858.57 % -99.32 % 7201.06 %
III Quarter September - - - -
II Quarter June - - - -
I Quarter March - - - -
FY   16.16 % 42858.57 % -99.32 % -

Financial Statements
Torm Plc's fourth quarter 2023 Operating Income $ 698.60 millions TRMD's Income Statement
Torm Plc's fourth quarter 2022 Operating Income $ 601.42 millions Quarterly TRMD's Income Statement


TRMD Operating Income (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December - - - -
III Quarter September - - - -
II Quarter June - - - -
I Quarter March - - - -
FY (Year on Year)   16.16 % 42858.57 % -99.32 % -




Operating Income fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Marine Transportation Industry #12
Transportation Sector #26
Overall #664

Operating Income Y/Y Growth Statistics
High Average Low
42981.59 % 16731.22 % 16.16 %
(Dec 31 2022)   (Dec 31 2023)
Operating Income fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Marine Transportation Industry #12
Transportation Sector #26
Overall #664
Operating Income Y/Y Growth Statistics
High Average Low
42981.59 % 16731.22 % 16.16 %
(Dec 31 2022)   (Dec 31 2023)

Operating Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Torm Plc's Q/Q Operating Income Growth


Operating Income Q/Q Growth Statistics
High Average Low
0 % 0 % 0 %
 


TRMD's IV. Quarter Q/Q Operating Income Comment


Operating Income Q/Q Growth Company Ranking
Within: No.
Marine Transportation Industry #
Transportation Sector #
Overall #
Operating Income Q/Q Growth Company Ranking
Within: No.
Marine Transportation Industry #
Transportation Sector #
Overall #
Operating Income Q/Q Growth Statistics
High Average Low
0 % 0 % 0 %
 


TRMD's IV. Quarter Q/Q Operating Income Comment


Torm Plc's 12 Months Operating Income Growth Year on Year


Operating Income TTM Growth

12 Months Ending
(Dec 31 2023)
12 Months Ending
0
12 Months Ending
0
12 Months Ending
0
12 Months Ending
(Dec 31 2022)
Cumulative Operating Income 12 Months Ending $ 698.60 $ 0.00 $ 0.00 $ 0.00 $ 601.42
Y / Y Operating Income Growth (TTM) 16.16 % - - - 42981.59 %
Year on Year Operating Income Growth Overall Ranking # 1422 # 0 # 0 # 0 # 1
Seqeuential Operating Income Change (TTM) 16.16 % - - - 42981.59 %
Seq. Operating Income Growth (TTM) Overall Ranking # 1422 # 0 # 0 # 0 # 1


Cumulative Operating Income growth Comment
Although Torm Plc's Annual Operating Income growth year on year were below company's average 16692.73% , Operating Income announced in the Dec 31 2023 period, show improvement in Operating Income trend, to cumulative trailing twelve month growth of 16.16% year on year, from % in 0.

Within the Transportation sector 30 other companies have achieved higher trailing twelve month Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 0 to 1422.

Operating Income TTM Q/Q Growth Statistics
High Average Low
42981.59 %
16692.73 %
-99.32 %
 

Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Marine Transportation Industry # 5
Transportation Sector # 31
Overall # 1422

Operating Income TTM Y/Y Growth Statistics
High Average Low
42981.59 %
16692.73 %
-99.32 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 5
Sector # 31
S&P 500 # 1422
Cumulative Operating Income growth Comment
Although Torm Plc's Annual Operating Income growth year on year were below company's average 16692.73% , Operating Income announced in the Dec 31 2023 period, show improvement in Operating Income trend, to cumulative trailing twelve month growth of 16.16% year on year, from % in 0.

Within the Transportation sector 30 other companies have achieved higher trailing twelve month Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 0 to 1422.

Operating Income TTM Q/Q Growth Statistics
High Average Low
42981.59 %
16692.73 %
-99.32 %
 


Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Marine Transportation Industry # 5
Transportation Sector # 31
Overall # 1422

Operating Income TTM Y/Y Growth Statistics
High Average Low
42981.59 %
16692.73 %
-99.32 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 5
Sector # 31
S&P 500 # 1422




Other Operating Income Growth
Marine Transportation Industry Operating Income Growth Trends and Statistics
Transportation Sector Operating Income Growth Statistics
Operating Income Growth Trends for overall market
TRMD's Operating Income Growth Ratio versus Marine Transportation Industry, Transportation Sector and total Market
Highest Ranking Operating Income Growth
Lowest Ranking Operating Income Growth
Operating Income Growth for TRMD's Competitors
Operating Income Growth for Torm Plc's Suppliers
Operating Income Growth for TRMD's Customers

You may also want to know
TRMD's Annual Growth Rates TRMD's Profitability Ratios TRMD's Asset Turnover Ratio TRMD's Dividend Growth
TRMD's Roe TRMD's Valuation Ratios TRMD's Financial Strength Ratios TRMD's Dividend Payout Ratio
TRMD's Roa TRMD's Inventory Turnover Ratio TRMD's Growth Rates TRMD's Dividend Comparisons



Companies with similar Operating Income growth for the quarter ending Dec 31 2023 within Transportation SectorY/Y Change %Operating Income for the quarter ending Dec 31 2023
Overseas Shipholding Group Inc 26.95%$ 26.952 millions
Zto Express cayman Inc 25.67%$ 25.667 millions
Navios Maritime Partners L p 25.61%$ 25.610 millions
Arcbest Corporation25.41%$ 25.411 millions
Westinghouse Air Brake Technologies Corporation24.70%$ 24.696 millions
Saia Inc 21.55%$ 21.547 millions
Azul Sa16.20%$ 16.197 millions
Torm Plc16.16%$ 16.159 millions
Sun Country Airlines Holdings Inc 13.29%$ 13.291 millions
Euroseas Ltd 11.99%$ 11.994 millions




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