TORM Q3 2026 net profit more than doubles to USD 199 million
TRMD•TORM’s third-quarter 2026 net profit more than doubled year over year to USD 199 million, while TCE earnings rose 50% to USD 353 million. The company raised full-year guidance and declared a quarterly dividend of USD 1.35 per share.
1. Quarterly results
TORM reported third-quarter 2026 net profit of USD 199 million, more than double the year-earlier figure. Time charter equivalent earnings rose 50% year over year to USD 353 million, and the quarterly dividend totaled USD 1.35 per share.
2. Guidance and newbuildings
TORM increased its full-year 2026 guidance to USD 1.75–1.9 billion for TCE earnings and USD 1.35–1.5 billion for EBITDA. After quarter-end, agreements covered eight LR2 newbuildings through a 50/50 joint venture.
