Torm TRMD
NASDAQ TRMD
$35.18 +1.00 (+2.93%)
At close: Sep 4, 2026 · 4:00 PM EDT

Torm (TRMD) Share-based Compensation (2018 - 2023)

Torm (TRMD) posted Share-based Compensation of $14.0 million for Q4 2023, down 15.15% on a QoQ basis from $16.5 million in Q3 2023, and up 12.9% year-over-year from $12.4 million in Q4 2022.

Analysis

Torm (TRMD) Share-based Compensation (2018 - 2023) Analysis & Trends

Torm has reported Share-based Compensation for 6 years, with the latest figure at $14.0 million in Q4 2023.

  • On a quarterly basis, Share-based Compensation rose 12.9% year-over-year to $14.0 million in Q4 2023; TTM through Dec 2023 was $61.0 million, a 58.93% increase from a year earlier, with the FY2025 full-year figure at $74.4 million, changed 0.4% from the prior year.
  • Share-based Compensation was $14.0 million for Q4 2023 at Torm, down from $16.5 million in the prior quarter.
  • The five-year high for Share-based Compensation was $18.0 million in Q2 2023, with the low at $1.7 million in Q4 2020.
  • Average Share-based Compensation over 5 years is $11.3 million, with a median of $12.5 million recorded in 2022.
  • The sharpest annual moves came in 2020 and 2021: Share-based Compensation retreated 10.53% in 2020, then soared 593.06% in 2021.
  • Over 5 years, Share-based Compensation stood at $1.9 million in 2019, then declined by 10.53% to $1.7 million in 2020, then jumped by 593.06% to $11.8 million in 2021, then gained by 5.25% to $12.4 million in 2022, then rose by 12.9% to $14.0 million in 2023.
  • The last three Share-based Compensation figures came in at $14.0 million (Q4 2023), $16.5 million (Q3 2023), and $18.0 million (Q2 2023), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Share-based Compensation (Qtr)
1 Frontline 10.27 Bn 9.94 Bn - -
2 Kirby 7.43 Bn 7.39 Bn 290.80 Mn 2.29 Mn
3 Matson 6.74 Bn 6.62 Bn - 33.40 Mn
4 International Seaways 5.17 Bn 5.17 Bn 467.16 Mn -
5 Hafnia 4.59 Bn 4.31 Bn 372.91 Mn 921,000.00
6 Cmb.Tech 4.47 Bn 4.31 Bn 970.62 Mn -
7 Scorpio Tankers 4.26 Bn 2.42 Bn 343.91 Mn 19.50 Mn
8 Star Bulk Carriers 3.68 Bn 3.11 Bn 299.80 Mn 870,203.00
9 Torm 3.56 Bn -626.52 Mn 652.00 Mn -
10 ZIM Integrated Shipping Services 3.44 Bn 2.41 Bn 255.00 Mn -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2023 14.00 Mn
Sep 30, 2023 16.50 Mn
Jun 30, 2023 18.00 Mn
Mar 31, 2023 12.50 Mn
Dec 31, 2022 12.40 Mn
Sep 30, 2022 12.50 Mn
Dec 31, 2021 11.78 Mn
Dec 31, 2020 1.70 Mn
Dec 31, 2019 1.90 Mn
Dec 31, 2018 2.00 Mn