Torm annual free cash flow
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Torm Free Cash Flow (FCF) History (TRMD)
Torm reported $190.4M in free cash flow for fiscal 2025, a decrease of 22.09% from the previous fiscal year, with a free cash flow margin of 14.21%.
View full Torm company overviewTorm free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $190.4M | −$54.0M | −22.09% | +14.21% |
| 2024 | 2024-12-31 | $244.4M | −$50.9M | −17.24% | +15.67% |
| 2023 | 2023-12-31 | $295.3M | −$87.4M | −22.84% | +19.42% |
| 2022 | 2022-12-31 | $382.7M | $654.5M | — | +26.51% |
| 2021 | 2021-12-31 | −$271.8M | −$334.6M | — | −43.88% |
| 2020 | 2020-12-31 | $62.8M | $276.0M | — | +8.40% |
| 2019 | 2019-12-31 | −$213.3M | −$81.6M | — | — |
| 2018 | 2018-12-31 | −$131.7M | −$96.4M | — | — |
| 2017 | 2017-12-31 | −$35.3M | −$87.0M | — | — |
| 2016 | 2016-12-31 | $51.7M | $91.7M | — | — |
| 2015 | 2015-12-31 | −$40.0M | — | — | −7.40% |
Torm quarterly free cash flow
Q3.18
Q3.21
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q4 2023 | 2023-12-31 | $42.6M | −$192.4M | −81.87% | — |
| Q3 2023 | 2023-09-30 | $179.0M | $60.8M | +51.44% | — |
| Q2 2023 | 2023-06-30 | $74.1M | $123.9M | — | — |
| Q1 2023 | 2023-03-31 | −$400,000 | −$2.0M | — | — |
| Q4 2022 | 2022-12-31 | $235.0M | — | — | — |
| Q3 2022 | 2022-09-30 | $118.2M | — | — | — |
| Q3 2021 | 2021-09-30 | −$49.8M | — | — | — |
| Q3 2018 | 2018-09-30 | $1.6M | — | — | — |
Torm free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $62.8M to $190.4M, a compound annual growth rate of 24.86%. Torm's latest reported quarter, Q4 2023, generated $42.6M in free cash flow, a decrease of 81.87% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Torm filings at SEC.gov ↗