FLNG vs. TRMD
FLNG (FLEX LNG Ltd) and TRMD (TORM plc) are both stocks. Both operate in the Oil & Gas Midstream industry within the Energy sector. Over the past 5 years, FLNG returned 28.91%/yr vs 42.68%/yr for TRMD. At a 0.39 correlation, their price movements are largely independent.
Performance
FLNG vs. TRMD - Performance Comparison
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Returns By Period
In the year-to-date period, FLNG achieves a 25.52% return, which is significantly lower than TRMD's 51.10% return.
FLNG
- 1D
- -2.01%
- 1M
- -6.12%
- YTD
- 25.52%
- 6M
- 20.73%
- 1Y
- 39.28%
- 3Y*
- 10.45%
- 5Y*
- 28.91%
- 10Y*
- —
TRMD
- 1D
- 0.11%
- 1M
- -12.81%
- YTD
- 51.10%
- 6M
- 38.71%
- 1Y
- 87.62%
- 3Y*
- 18.91%
- 5Y*
- 42.68%
- 10Y*
- —
FLNG vs. TRMD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FLNG FLEX LNG Ltd | 25.52% | 22.47% | -11.61% | -1.19% | 56.32% | 202.13% | -17.14% | -1.73% |
TRMD TORM plc | 51.10% | 11.21% | -23.37% | 31.64% | 297.66% | 12.91% | -25.94% | 20.40% |
Correlation
The correlation between FLNG and TRMD is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Jun 18, 2019 | 0.39 |
The correlation between FLNG and TRMD shifts across timeframes, from 0.39 (all time) to 0.53 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
FLNG:
$1.61B
TRMD:
$2.91B
FLNG:
$1.40
TRMD:
$3.40
FLNG:
21.27
TRMD:
8.28
FLNG:
4.73
TRMD:
2.02
FLNG:
2.30
TRMD:
1.28
FLNG:
$339.66M
TRMD:
$1.41B
FLNG:
$170.74M
TRMD:
$575.03M
FLNG:
$238.18M
TRMD:
$639.99M
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Return for Risk
FLNG vs. TRMD — Risk / Return Rank
FLNG
TRMD
FLNG vs. TRMD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FLEX LNG Ltd (FLNG) and TORM plc (TRMD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| FLNG | TRMD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.77 | ||
| Sortino ratioReturn per unit of downside risk | -0.69 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.35 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.57 | 4.39 | -0.82 |
| Martin ratioReturn relative to average drawdown | 9.32 | 11.44 | -2.12 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FLNG | TRMD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.54 | 2.32 | -0.77 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.74 | 0.93 | -0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.48 | +0.08 |
Drawdowns
FLNG vs. TRMD - Drawdown Comparison
The maximum FLNG drawdown since its inception was -71.92%, which is greater than TRMD's maximum drawdown of -60.59%. Use the drawdown chart below to compare losses from any high point for FLNG and TRMD.
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Drawdown Indicators
| FLNG | TRMD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.92% | -60.59% | -11.33% |
Max Drawdown (1Y)Largest decline over 1 year | -11.05% | -20.06% | +9.01% |
Max Drawdown (3Y)Largest decline over 3 years | -25.37% | -60.59% | +35.22% |
Max Drawdown (5Y)Largest decline over 5 years | -31.05% | -60.59% | +29.54% |
Current DrawdownCurrent decline from peak | -8.44% | -17.33% | +8.89% |
Average DrawdownAverage peak-to-trough decline | -18.83% | -22.58% | +3.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.23% | 7.69% | -3.46% |
Volatility
FLNG vs. TRMD - Volatility Comparison
The current volatility for FLEX LNG Ltd (FLNG) is 7.76%, while TORM plc (TRMD) has a volatility of 14.52%. This indicates that FLNG experiences smaller price fluctuations and is considered to be less risky than TRMD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLNG | TRMD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.76% | 14.52% | -6.76% |
Volatility (6M)Calculated over the trailing 6-month period | 18.45% | 27.84% | -9.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.58% | 38.07% | -12.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.21% | 46.00% | -6.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.39% | 59.90% | -12.51% |
Dividends
FLNG vs. TRMD - Dividend Comparison
FLNG's dividend yield for the trailing twelve months is around 12.62%, more than TRMD's 8.59% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
FLNG FLEX LNG Ltd | 12.62% | 12.02% | 13.08% | 11.61% | 10.71% | 7.88% | 2.29% | 0.92% |
TRMD TORM plc | 8.59% | 10.32% | 30.13% | 23.05% | 6.99% | 0.00% | 14.89% | 0.00% |
Financials
FLNG vs. TRMD - Financials Comparison
This section allows you to compare key financial metrics between FLEX LNG Ltd and TORM plc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
FLNG vs. TRMD - Profitability Comparison
FLNG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, FLEX LNG Ltd reported a gross profit of 36.75M and revenue of 80.46M. Therefore, the gross margin over that period was 45.7%.
TRMD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, TORM plc reported a gross profit of 157.74M and revenue of 395.84M. Therefore, the gross margin over that period was 39.9%.
FLNG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, FLEX LNG Ltd reported an operating income of 34.20M and revenue of 80.46M, resulting in an operating margin of 42.5%.
TRMD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, TORM plc reported an operating income of 135.10M and revenue of 395.84M, resulting in an operating margin of 34.1%.
FLNG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, FLEX LNG Ltd reported a net income of 19.51M and revenue of 80.46M, resulting in a net margin of 24.3%.
TRMD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, TORM plc reported a net income of 120.52M and revenue of 395.84M, resulting in a net margin of 30.5%.
Frequently Asked Questions
FLNG and TRMD have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TRMD has higher volatility (14.52%) compared to FLNG (7.76%). In terms of maximum drawdown, FLNG dropped -71.92% vs TRMD's -60.59%.
TRMD currently has the higher Sharpe Ratio (2.32 vs 1.54), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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