TORM (TRMD) Revenue & Revenue Breakdown
TORM Revenue Highlights
Latest Revenue (Y)
$1.55B
Latest Revenue (Q)
$444.10M
Main Segment (Y)
Others
Main Geography (Y)
SWITZERLAND
TORM Revenue by Period
TORM Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $1.55B | 7.46% |
| 2022-12-31 | $1.44B | 132.99% |
| 2021-12-31 | $619.50M | -17.11% |
| 2020-12-31 | $747.36M | 7.90% |
| 2019-12-31 | $692.61M | 9.01% |
| 2018-12-31 | $635.37M | -3.29% |
| 2017-12-31 | $656.99M | -3.40% |
| 2016-12-31 | $680.14M | 25.86% |
| 2015-12-31 | $540.40M | -13.42% |
| 2014-12-31 | $624.17M | -37.10% |
| 2013-12-31 | $992.34M | -11.49% |
| 2012-12-31 | $1.12B | -15.02% |
| 2011-12-31 | $1.32B | 53.51% |
| 2010-12-31 | $859.41M | 1.07% |
| 2009-12-31 | $850.30M | -27.33% |
| 2008-12-31 | $1.17B | 42.39% |
| 2007-12-31 | $821.67M | 35.96% |
| 2006-12-31 | $604.34M | 2.64% |
| 2005-12-31 | $588.80M | 24.45% |
| 2004-12-31 | $473.12M | 45.10% |
| 2003-12-31 | $326.08M | 18.47% |
| 2002-12-31 | $275.24M | -10.93% |
| 2001-12-31 | $309.01M | 14.63% |
| 2000-12-31 | $269.57M | 3.78% |
| 1998-12-31 | $259.75M | - |
TORM generated $1.55B in revenue during NA 2023, up 7.46% compared to the previous quarter, and up 244.12% compared to the same period a year ago.
TORM Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $444.10M | 11.56% |
| 2023-12-31 | $398.08M | 11.16% |
| 2023-09-30 | $358.10M | -6.82% |
| 2023-06-30 | $384.30M | -1.51% |
| 2023-03-31 | $390.20M | -12.78% |
| 2022-12-31 | $447.35M | -0.17% |
| 2022-09-30 | $448.10M | 32.38% |
| 2022-06-30 | $338.50M | 61.65% |
| 2022-03-31 | $209.40M | 10.74% |
| 2021-12-31 | $189.10M | 21.61% |
| 2021-09-30 | $155.50M | 3.12% |
| 2021-06-30 | $150.80M | 21.51% |
| 2021-03-31 | $124.10M | 18.02% |
| 2020-12-31 | $105.16M | -35.76% |
| 2020-09-30 | $163.70M | -29.50% |
| 2020-06-30 | $232.20M | -5.72% |
| 2020-03-31 | $246.30M | 27.48% |
| 2019-12-31 | $193.21M | 31.70% |
| 2019-09-30 | $146.70M | -11.79% |
| 2019-06-30 | $166.30M | -10.78% |
| 2019-03-31 | $186.40M | 10.58% |
| 2018-12-31 | $168.57M | 20.06% |
| 2018-09-30 | $140.40M | -14.02% |
| 2018-06-30 | $163.30M | 0.12% |
| 2018-03-31 | $163.10M | -4.84% |
| 2017-12-31 | $171.39M | 10.01% |
| 2017-09-30 | $155.80M | -0.76% |
| 2017-06-30 | $157.00M | -9.14% |
| 2017-03-31 | $172.80M | 12.40% |
| 2016-12-31 | $153.74M | -1.32% |
| 2016-09-30 | $155.80M | -11.93% |
| 2016-06-30 | $176.90M | -8.67% |
| 2016-03-31 | $193.70M | 4.03% |
| 2015-12-31 | $186.20M | -13.59% |
| 2015-09-30 | $215.50M | 54.37% |
| 2015-06-30 | $139.60M | -9.47% |
| 2015-03-31 | $154.20M | 1.00% |
| 2014-12-31 | $152.67M | 9.05% |
| 2014-09-30 | $140.00M | -5.79% |
| 2014-06-30 | $148.60M | -18.75% |
| 2014-03-31 | $182.90M | -5.25% |
| 2013-12-31 | $193.04M | -16.69% |
| 2013-09-30 | $231.70M | -19.94% |
| 2013-06-30 | $289.40M | 4.03% |
| 2013-03-31 | $278.20M | -63.72% |
| 2012-12-31 | $766.73M | 598.30% |
| 2012-09-30 | $109.80M | 7.02% |
| 2012-06-30 | $102.60M | -32.50% |
| 2012-03-31 | $152.00M | 2.63% |
| 2011-09-30 | $148.10M | -17.17% |
| 2011-06-30 | $178.80M | 21.22% |
| 2011-03-31 | $147.50M | 10.33% |
| 2010-12-31 | $133.68M | -10.40% |
| 2010-09-30 | $149.20M | 14.59% |
| 2010-06-30 | $130.20M | -11.73% |
| 2010-03-31 | $147.50M | -26.64% |
| 2009-12-31 | $201.05M | -3.71% |
| 2009-09-30 | $208.80M | 7.85% |
| 2009-06-30 | $193.60M | -25.19% |
| 2009-03-31 | $258.80M | -15.26% |
| 2008-12-31 | $305.39M | -9.27% |
| 2008-09-30 | $336.60M | 42.69% |
| 2008-06-30 | $235.90M | 18.19% |
| 2008-03-31 | $199.60M | 215.00% |
| 2007-12-31 | $63.37M | -71.35% |
| 2007-09-30 | $221.20M | 11.49% |
| 2007-06-30 | $198.40M | - |
TORM generated $444.10M in revenue during Q1 2024, up 11.56% compared to the previous quarter, and up 99.27% compared to the same period a year ago.
TORM Revenue Breakdown
TORM Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 |
|---|---|---|
| Others | $2.00M | $700.00K |
TORM's latest annual revenue breakdown by segment (product or service), as of Dec 23: Others (100.00%).
TORM Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 |
|---|---|---|
| SWITZERLAND | $242.50M | - |
| UNITED STATES | $182.70M | - |
| CH | - | $220.90M |
| MX | - | $178.20M |
TORM's latest annual revenue breakdown by geography, as of Dec 23: SWITZERLAND (57.03%), and UNITED STATES (42.97%).
TRMD Revenue FAQ
What is TORM’s yearly revenue?
TORM's yearly revenue for 2023 was $1.55B, representing an increase of 7.46% compared to 2022. The company's yearly revenue for 2022 was $1.44B, representing an increase of 132.99% compared to 2021. TRMD's yearly revenue for 2021 was $619.5M, representing a decrease of -17.11% compared to 2020.
What is TORM’s quarterly revenue?
TORM's quarterly revenue for Q1 2024 was $444.1M, a 11.56% increase from the previous quarter (Q4 2023), and a 13.81% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $398.08M, a 11.16% increase from the previous quarter (Q3 2023), and a -11.01% decrease year-over-year (Q4 2022). TRMD's quarterly revenue for Q3 2023 was $358.1M, a -6.82% decrease from the previous quarter (Q2 2023), and a -20.08% decrease year-over-year (Q3 2022).
What is TORM’s revenue growth rate?
TORM's revenue growth rate for the last 3 years (2021-2023) was 150.37%, and for the last 5 years (2019-2023) was 123.94%.
What are TORM’s revenue streams?
TORM's revenue streams in c 23 are Others
What is TORM’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of TORM was Others. This segment made a revenue of $2M, representing 100.00% of the company's total revenue.