Torm (TRMD) Asset Utilization Ratio (2017 - 2026)
Torm's (TRMD) Asset Utilization Ratio stood at 0.74 in Q2 2026, up 66.8% from 0.44 a year earlier and up 6.9% from the prior quarter.
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Analysis
Torm (TRMD) Asset Utilization Ratio (2017 - 2026) Analysis & Trends
For FY2024, Torm's Asset Utilization Ratio came in at 0.49, down 11.3% from FY2023.
- Across earlier years, Asset Utilization Ratio came in at 0.55 in FY2023 (-5.0%), 0.58 in FY2022 (+104.0%), 0.29 in FY2021 (-23.4%) and 0.37 in FY2020 (+0.2%).
- The Q2 2026 figure is the highest quarterly Asset Utilization Ratio in data going back to Q4 2017.
- On a year-over-year basis, Asset Utilization Ratio rose in two of the last four quarters, with growth averaging 26.3%.
- Peak year-over-year performance for Asset Utilization Ratio in the last five years was growth of 106.2% in Q4 2022, against a decline of 37.3% in Q3 2021 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - | 0.37 |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - | 1.27 |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - | 0.33 |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - | 0.18 |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - | 0.98 |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - | 0.28 |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - | 0.83 |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - | 0.77 |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - | 1.00 |
| 10 | Torm | 3.38 Bn | 2.20 Bn | 652.00 Mn | 0.74 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.74 |
| Mar 31, 2026 | 0.69 |
| Dec 31, 2025 | 0.72 |
| Jun 30, 2025 | 0.44 |
| Mar 31, 2025 | 0.46 |
| Jun 30, 2024 | 0.47 |
| Mar 31, 2024 | 0.49 |
| Dec 31, 2023 | 0.54 |
| Sep 30, 2023 | 0.56 |
| Jun 30, 2023 | 0.58 |
| Mar 31, 2023 | 0.59 |
| Dec 31, 2022 | 0.56 |
| Sep 30, 2022 | 0.48 |
| Jun 30, 2022 | 0.38 |
| Mar 31, 2022 | 0.30 |
| Dec 31, 2021 | 0.27 |
| Sep 30, 2021 | 0.25 |
| Jun 30, 2021 | 0.26 |
| Mar 31, 2021 | 0.31 |
| Dec 31, 2020 | 0.37 |
API Access
Torm Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=TRMD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "TRMD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=TRMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();