TORM operates a large product tanker fleet that ships refined oil products such as gasoline, diesel, and jet fuel on global routes. The company focuses on modern, fuel-efficient vessels and time-charter plus spot trading rather than crude oil tankers. Its customers are mainly oil majors, traders, and refiners needing seaborne product logistics.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q1 2025 | 329.1 | — | 62.9 | -67.2% |
| Q2 2025 | 315.2 | — | 58.6 | — |
| Q3 2025 | 342.6 | — | 77.6 | — |
| Q4 2025 | 352.6 | — | 86.8 | 26.1% |
| Q1 2026 | 402 | 22.1% | 122.4 | 94.6% |
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