your badges 52W Range $19–$40 100% of range Analyst Rating BUY 11 analysts Price Target $42 +4% upside P/E 6.9 ROE 13.3% Net Profit Margin ·

TRMD Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $40.00
P/E 6.9
EPS $2.85
ROE 13.3%
52W Range $19–$40

TRMD Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

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10-Year Performance Revenue, net income, margins and EPS trends

06
EPS$2.85
2017-12-31 → 2025-12-31
Free Cash Flow$190M
2019-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend TRMD 5Y avg Peer Median Verdict
P/E 6.95Y avg ≈0.7 ≈0.7 · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

13
Payout Ratio70.0%
Annualized Payout≈$9.60Paid quarterly
Ex-dateAmountCurrencyYield
Sep 9, 2026$2.40USD≈12.5%
May 27, 2026$0.70USD≈8.1%
Mar 11, 2026$0.70USD≈7.8%
Nov 19, 2025$0.62USD≈14.1%
Aug 21, 2025$0.40USD≈20.7%
May 21, 2025$0.40USD≈22.3%
Mar 19, 2025$0.60USD≈25.6%
Nov 20, 2024$1.20USD≈24.6%
Aug 28, 2024$1.80USD≈16.5%
May 21, 2024$1.50USD≈15.5%
Apr 15, 2024$1.36USD≈17.6%
Nov 21, 2023$1.46USD≈22.0%
Aug 28, 2023$1.50USD≈30.6%
May 22, 2023$1.46USD≈23.0%
Mar 24, 2023$2.59USD≈14.0%
Nov 22, 2022$1.46USD≈7.1%
Aug 31, 2022$0.58USD≈3.0%
Aug 26, 2020$0.85USD≈12.3%
Apr 17, 2020$0.10USD≈1.4%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

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Avg Surprise 13.3%
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 $3.25 $3.44 -5.6%
March 31, 2026 $1.21 $0.86 40.9%
Dec. 31, 2025 $0.90 $0.74 21.0%
Sept. 30, 2025 $0.77 $0.77 -0.56%
June 30, 2025 $0.58 $0.56 3.2%
March 31, 2025 $0.90 $0.74 21.0%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

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Income Statement 11
Metric Trend 20252024202320222021202020192018
Operating Income $356M$659M$699M$602M$1M$139M$206M$3M
Interest Expense $74M$74M$61M$49M$42M$50M$42M$39M
Interest Income $13M$25M$14M$4M$241.0K$536.0K$3M$3M
Pretax Income $295M$610M$652M$557M$-41M$90M$167M$-33M
Income Tax $9M$-2M$4M$-6M$1M$1M$784.0K$2M
Net Income $285M$612M$648M$563M$-42M$88M$166M$-35M
EPS (Basic) $2.91$6.54$7.75$6.92$-0.54$1.19$2.24$-0.48
EPS (Diluted) $2.85$6.36$7.48$6.80$-0.54$1.19$2.24$-0.48
Shares (Basic) 98,200,00093,600,00083,600,00081,300,00078,100,00074,300,00074,000,00073,100,000
Shares (Diluted) 100,100,00096,300,00086,700,00082,800,00078,400,00074,300,00074,000,00073,100,000
EBITDA $571M$851M$848M$740M$1M$139M$206M·
Balance Sheet 11
Metric Trend 20252024202320222021202020192018
Cash & Equivalents $158M$272M$266M$320M$145M$90M$57M$124M
Inventory $66M$68M$62M$72M$49M$22M··
Current Assets $532M$615M$691M$740M$363M$244M$216M$269M
PP&E (Net) ···$1.87B$1.96B$1.75B$1.78B$1.45B
Goodwill $2M$2M$2M$2M$0$0··
Intangibles $4M$2M$2M$2M$0···
Total Assets $3.37B$3.47B$2.87B$2.61B$2.33B$2.00B$2.00B$1.71B
Current Liabilities $401M$285M$265M$206M$307M$197M$195M$167M
Total Liabilities $1.16B$1.39B$1.20B$1.11B$1.28B$981M$996M$867M
Retained Earnings $1.79B$1.47B$1.38B$1.30B$899M$939M$920M$752M
Stockholders' Equity $2.20B$2.07B$1.66B$1.50B$1.05B$1.02B$1.01B$847M
Cash Flow 9
Metric Trend 20252024202320222021202020192018
D&A $214M$192M$149M$139M$131M$122M··
Other Non-cash $-900.0K$22M$7M$-200M····
Operating Cash Flow $499M$827M$805M$502M$48M$236M$171M$71M
CapEx $308M$582M$510M$119M$320M$173M$384M$202M
Investing Cash Flow $-153M$-442M$-371M$11M$-291M$-120M$-323M$-176M
Dividends Paid $200M$553M$586M$167M$0$71M··
Financing Cash Flow $-460M$-378M$-489M$-338M$298M$-83M$84M$96M
Free Cash Flow $190M$244M$295M$383M$-272M$63M$-213M·
Levered FCF $118M$170M$235M$333M$-316M$14M$-255M·
Profitability 3
Metric Trend 20252024202320222021202020192018
ROA 8.3%19.3%23.6%22.8%-1.9%4.4%8.9%·
ROE 13.3%32.8%41.0%44.1%-4.1%8.7%17.9%·
ROIC 15.7%31.9%41.7%40.5%0.14%13.4%20.3%·
Liquidity & Solvency 3
Metric Trend 20252024202320222021202020192018
Current Ratio 1.32.22.63.61.21.21.1·
Quick Ratio 0.41.01.01.60.50.50.4·
Interest Coverage 4.88.911.512.30.02.84.9·
Per Share 3
Metric Trend 20252024202320222021202020192018
Cash Flow / Share $4.98$8.59$9.29$6.06$0.61$3.17$2.31·
Dividend / Share $2.02$5.86$7.01$0.00$0.00···
EPS (TTM) $2.85$6.36$7.48$6.80$-0.54$1.19$2.24·
Valuation (TTM) 5
Metric Trend 20252024202320222021202020192018
Net Income TTM $285M$612M$648M$563M$-42M$88M$166M·
P/E 6.93.14.14.3-14.75.94.8·
Earnings Yield 14.6%32.7%24.6%23.3%-6.8%16.9%20.7%·
Payout Ratio 70.0%90.3%90.5%29.6%·80.2%··
Annual Payout $200M$553M$586M$167M$0$71M··

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

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Metric 2025-12-312024-12-312023-12-312022-12-312021-12-31
Net Income $285M $612M $648M $563M $-42M
Diluted EPS $2.85 $6.36 $7.48 $6.80 $-0.54

Institutional owners (13F) 167 filers · $1.2B total · As of June 30, 2026

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Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 167
Value held $1.2B
New positions 37
Exited positions 25
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
37 (-12 vs prior Q) 25 (+13 vs prior Q) 65 (+5 vs prior Q) 38 (+10 vs prior Q) +4.9M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
OAKTREE CAPITAL MANAGEMENT LP $524,260,745 20,329,874 42.04% Shares
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP $80,624,719 3,106,402 6.46% Shares
VANGUARD CAPITAL MANAGEMENT LLC $51,300,085 1,987,605 4.11% Shares
VANGUARD GROUP INC $46,629,382 2,341,185 3.74% Shares
JPMORGAN CHASE & CO $39,992,883 1,520,064 3.21% Shares
BARCLAYS PLC $39,406,759 1,512,155 3.16% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $38,821,582 1,489,700 3.11% Put option
NORGES BANK $31,926,812 1,239,232 2.56% Shares
D. E. Shaw & Co., Inc. $29,503,308 1,132,130 2.37% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $25,839,897 991,554 2.07% Shares
CastleKnight Management LP $24,749,807 949,724 1.98% Shares
JANE STREET GROUP, LLC $18,819,399 730,407 1.51% Shares
CITADEL ADVISORS LLC $17,184,354 659,415 1.38% Shares
FIL Ltd $16,535,050 641,557 1.33% Shares
VANGUARD FIDUCIARY TRUST CO $14,457,239 560,141 1.16% Shares
Qube Research & Technologies Ltd $14,212,473 545,375 1.14% Shares
UBS Group AG $13,877,184 532,509 1.11% Shares
GOLDMAN SACHS GROUP INC $13,370,343 513,060 1.07% Shares
JANE STREET GROUP, LLC $12,949,807 502,600 1.04% Put option
SUSQUEHANNA INTERNATIONAL GROUP, LLP $10,244,186 393,100 0.82% Call option
MACKENZIE FINANCIAL CORP $9,409,907 55,812 0.75% Shares
TWO SIGMA INVESTMENTS, LP $9,376,049 359,787 0.75% Shares
MORGAN STANLEY $7,865,638 301,828 0.63% Shares
Point72 Asset Management, L.P. $7,692,599 295,188 0.62% Shares
FOLKETRYGDFONDET $7,441,954 285,570 0.60% Shares
AQR CAPITAL MANAGEMENT LLC $7,367,023 285,916 0.59% Shares
RENAISSANCE TECHNOLOGIES LLC $7,214,059 276,825 0.58% Shares
SEI INVESTMENTS CO $7,212,261 276,756 0.58% Shares
Marnell Management LLC $6,850,549 262,876 0.55% Shares
Corigliano Investment Advisers, LLC $6,193,800 222,000 0.50% Shares
XTX Topco Ltd $4,298,102 164,931 0.34% Shares
DEUTSCHE BANK AG\ $3,799,782 145,809 0.30% Shares
CITADEL ADVISORS LLC $3,353,922 128,700 0.27% Put option
Swiss National Bank $3,158,581 122,854 0.25% Shares
Assenagon Asset Management S.A. $2,632,296 102,075 0.21% Shares
MARSHALL WACE, LLP $2,590,702 99,413 0.21% Shares
GEODE CAPITAL MANAGEMENT, LLC $2,529,644 97,070 0.20% Shares
BANK OF AMERICA CORP /DE/ $2,518,751 96,652 0.20% Shares
TUDOR INVESTMENT CORP ET AL $2,371,851 91,015 0.19% Shares
Quantbot Technologies LP $2,370,313 90,956 0.19% Shares
MILLENNIUM MANAGEMENT LLC $2,369,245 90,915 0.19% Shares
LPL Financial LLC $2,346,924 90,058 0.19% Shares
GeoSphere Capital Management, LLC $2,345,400 90,000 0.19% Shares
Midwest Professional Planners, LTD. $2,274,561 87,282 0.18% Shares
Legal & General Group Plc $2,190,041 84,926 0.18% Shares
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. $2,054,149 91,071 0.16% Shares
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO $2,050,190 78,903 0.16% Shares
OCCUDO QUANTITATIVE STRATEGIES LP $1,983,453 76,111 0.16% Shares
CITADEL ADVISORS LLC $1,983,166 76,100 0.16% Call option
Susquehanna Portfolio Strategies, LLC $1,956,455 75,075 0.16% Shares

Show all 167 institutional owners →

Activists & 5%+ owners 7 positions

18

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
OAKTREE CAPITAL HOLDINGS, LLC, OAKTREE CAPITAL MANAGEMENT GP, LLC, OCM NJORD HOLDINGS S.A R.L. ×2 filings Sept. 24, 2026 6.17% Amendment · SEC
Hafnia Limited Sept. 17, 2026 18.22% Amendment · SEC
OCM NJORD HOLDINGS S.A R.L., OAKTREE CAPITAL MANAGEMENT GP, LLC, OAKTREE CAPITAL HOLDINGS, LLC, OAKTREE CAPITAL GROUP HOLDINGS GP, LLC ×3 filings June 23, 2026 19.86% Amendment · SEC
OCM NJORD HOLDINGS S.A R.L, Oaktree Capital Management GP, LLC, Oaktree Capital Holdings, LLC, Oaktree Capital Group Holdings GP, LLC ×6 filings Jan. 8, 2026 26.08% Amendment · SEC
OCM NJORD HOLDINGS S.À R.L, OAKTREE CAPITAL MANAGEMENT GP, LLC, OAKTREE CAPITAL HOLDINGS, LLC, OAKTREE CAPITAL GROUP HOLDINGS GP, LLC, BROOKFIELD ASSET MANAGEMENT ULC, BROOKFIELD CORPORATION, BROOKFIELD ASSET MANAGEMENT LTD., BAM PARTNERS TRUST ×7 filings Oct. 3, 2024 · Initial filing · SEC
OCM NJORD HOLDINGS S.À R.L., OCM LUXEMBOURG OPPS IX S.À R.L, OAKTREE OPPORTUNITIES FUND IX, L.P., OAKTREE OPPORTUNITIES FUND IX GP, L.P., OAKTREE OPPORTUNITIES FUND IX GP, LTD., OAKTREE CAPITAL MANAGEMENT, L.P., OAKTREE CAPITAL MANAGEMENT GP, LLC, ATLAS OCM HOLDINGS LLC, OAKTREE CAPITAL GROUP, LLC, OAKTREE CAPITAL GROUP HOLDINGS GP, LLC, BROOKFIELD CORPORATION, BROOKFIELD ASSET MANAGEMENT ULC., BAM PARTNERS TRUST ×3 filings June 12, 2023 · Initial filing · SEC
OCM NJORD HOLDINGS S. À R.L., OCM LUXEMBOURG OPPS IX S. À R.L, OAKTREE OPPORTUNITIES FUND IX, L.P., OAKTREE OPPORTUNITIES FUND IX GP, L.P., OAKTREE OPPORTUNITIES FUND IX GP, LTD., OAKTREE CAPITAL MANAGEMENT, L.P., OAKTREE CAPITAL MANAGEMENT GP, LLC, ATLAS OCM HOLDINGS LLC, OAKTREE CAPITAL GROUP, LLC, OAKTREE CAPITAL GROUP HOLDINGS GP, LLC, BROOKFIELD ASSET MANAGEMENT INC., PARTNERS LIMITED ×5 filings Sept. 14, 2020 · Initial filing Passive investment SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Company insiders 2 insiders · 2 officers · 1 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Jacob Balslev Meldgaard Chief Executive Officer May 20, 2026 M 85,067 0 3 $-17,601,003
Kim Balle Chief Financial Officer Sept. 22, 2026 S 510 0 3 $-1,643,225

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

TRMD Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 11 analysts BUY
Median target $41.50 +3.8%
3 27.3% Strong Buy
5 45.5% Buy
2 18.2% Hold
0 0.0% Sell
1 9.1% Strong Sell

12-Month Price Target

2 analysts · 2026-10-02

Mean target $41.50 +3.8%

Now Current price $40.00
Low$38.00 Mean$41.50 High$45.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

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FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
TRMD · 6.9 · · 13.3% ·
NVGS $1.13B 11.8 · 17.1% 8.2% ·
KNOP · · · 6.4% · ·

Trading Signals Recent buy/sell signals with entry price and risk/reward ratio

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BLUECHIP_DIP Expired Aug 6
risk 1 reward 1.64
entry $28.62 R:R 1.64
BLUECHIP_DIP Expired May 29
risk 1 reward 4.00
entry $27.57 R:R 4.00
BOUNCE_UP Stopped out Sep 29
risk 1 reward 1.50
entry $20.93 R:R 1.50

No open signal right now — no card is filled, and that's honest.

My Metrics Your personal watchlist — selected rows from Full Fundamentals

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Source: SEC 20-F filed Feb 26, 2026