TRMD vs. SB

Last updated Apr 1, 2026

Compare and contrast key facts about TORM plc (TRMD) and Safe Bulkers, Inc. (SB).

Performance

TRMD vs. SB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TORM plc (TRMD) and Safe Bulkers, Inc. (SB). The values are adjusted to include any dividend payments, if applicable.

TRMD vs. SB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
TRMD TORM plc	46.25%	11.21%	-23.37%	31.64%	297.66%	12.91%	-25.94%	84.18%	-22.59%
SB Safe Bulkers, Inc.	32.34%	41.65%	-5.15%	42.94%	-18.68%	190.00%	-23.53%	-4.49%	-53.28%

Fundamentals

Market Cap TRMD : $2.78B SB : $647.73M
EPS TRMD : $2.85 SB : $0.38
PE Ratio TRMD : 9.78 SB : 16.80
PS Ratio TRMD : 2.09 SB : 2.35
PB Ratio TRMD : 1.27 SB : 0.78
Total Revenue (TTM) TRMD : $1.34B SB : $275.74M
Gross Profit (TTM) TRMD : $582.69M SB : $99.06M
EBITDA (TTM) TRMD : $580.07M SB : $134.68M

Returns By Period

In the year-to-date period, TRMD achieves a 46.25% return, which is significantly higher than SB's 32.34% return.

TRMD

• 1D: 1.90%
• 1M: -4.96%
• YTD: 46.25%
• 6M: 42.74%
• 1Y: 86.19%
• 3Y*: 12.45%
• 5Y*: 41.12%
• 10Y*: —

SB

• 1D: 3.77%
• 1M: -2.76%
• YTD: 32.34%
• 6M: 45.03%
• 1Y: 78.94%
• 3Y*: 25.52%
• 5Y*: 26.04%
• 10Y*: 25.51%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

TRMD vs. SB — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TRMD

TRMD Risk / Return Rank: 90
TRMD Sharpe Ratio Rank: 92
TRMD Sortino Ratio Rank: 90
TRMD Omega Ratio Rank: 86
TRMD Calmar Ratio Rank: 92
TRMD Martin Ratio Rank: 91

SB

SB Risk / Return Rank: 92
SB Sharpe Ratio Rank: 93
SB Sortino Ratio Rank: 91
SB Omega Ratio Rank: 90
SB Calmar Ratio Rank: 91
SB Martin Ratio Rank: 93

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TRMD vs. SB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TORM plc (TRMD) and Safe Bulkers, Inc. (SB). 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.

	TRMD	SB	Difference
Sharpe ratio Return per unit of total volatility	2.20	2.31	-0.11
Sortino ratio Return per unit of downside risk	2.81	2.97	-0.16
Omega ratio Gain probability vs. loss probability	1.33	1.40	-0.07
Calmar ratio Return relative to maximum drawdown	4.20	4.05	+0.15
Martin ratio Return relative to average drawdown	11.02	13.34	-2.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TRMD vs. SB - Sharpe Ratio Comparison

The current TRMD Sharpe Ratio is 2.20, which is comparable to the SB Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of TRMD and SB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TRMD	SB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.20	2.31	-0.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.90	0.59	+0.31
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.45	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	-0.03	+0.51

Correlation

The correlation between TRMD and SB is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

TRMD vs. SB - Dividend Comparison

TRMD's dividend yield for the trailing twelve months is around 7.60%, more than SB's 3.16% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TRMD TORM plc	7.60%	10.32%	30.13%	23.05%	6.99%	0.00%	14.89%	0.00%	0.00%	0.00%	0.00%	0.00%
SB Safe Bulkers, Inc.	3.16%	4.15%	5.60%	5.09%	6.87%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	4.94%

Drawdowns

TRMD vs. SB - Drawdown Comparison

The maximum TRMD drawdown since its inception was -60.59%, smaller than the maximum SB drawdown of -97.38%. Use the drawdown chart below to compare losses from any high point for TRMD and SB.

Drawdown Indicators

	TRMD	SB	Difference
Max Drawdown Largest peak-to-trough decline	-60.59%	-97.38%	+36.79%
Max Drawdown (1Y) Largest decline over 1 year	-19.49%	-18.67%	-0.82%
Max Drawdown (5Y) Largest decline over 5 years	-60.59%	-52.55%	-8.04%
Max Drawdown (10Y) Largest decline over 10 years	—	-78.46%	—
Current Drawdown Current decline from peak	-13.44%	-32.68%	+19.24%
Average Drawdown Average peak-to-trough decline	-22.91%	-63.46%	+40.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.43%	5.67%	+1.76%

Volatility

TRMD vs. SB - Volatility Comparison

TORM plc (TRMD) has a higher volatility of 14.99% compared to Safe Bulkers, Inc. (SB) at 10.86%. This indicates that TRMD's price experiences larger fluctuations and is considered to be riskier than SB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TRMD	SB	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.99%	10.86%	+4.13%
Volatility (6M) Calculated over the trailing 6-month period	26.39%	22.97%	+3.42%
Volatility (1Y) Calculated over the trailing 1-year period	39.54%	34.43%	+5.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.89%	44.38%	+1.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	60.26%	57.19%	+3.07%

Financials

TRMD vs. SB - Profitability Comparison

The chart below illustrates the profitability comparison between TORM plc and Safe Bulkers, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

TRMD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, TORM plc reported a gross profit of 134.80M and revenue of 354.98M. Therefore, the gross margin over that period was 38.0%.

SB - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Safe Bulkers, Inc. reported a gross profit of 30.51M and revenue of 72.57M. Therefore, the gross margin over that period was 42.0%.

TRMD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, TORM plc reported an operating income of 98.16M and revenue of 354.98M, resulting in an operating margin of 27.7%.

SB - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Safe Bulkers, Inc. reported an operating income of 22.55M and revenue of 72.57M, resulting in an operating margin of 31.1%.

TRMD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, TORM plc reported a net income of 87.39M and revenue of 354.98M, resulting in a net margin of 24.6%.

SB - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Safe Bulkers, Inc. reported a net income of 11.84M and revenue of 72.57M, resulting in a net margin of 16.3%.