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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |