Torm (TRMD) Asset Utilization Ratio (2017 - 2026)
Torm (TRMD) posted Asset Utilization Ratio of 0.46 for Q2 2026, up 8.03% on a QoQ basis from 0.43 in Q1 2026, and up 4.8% year-over-year from 0.44 in Q2 2025.
Analysis
Torm (TRMD) Asset Utilization Ratio (2017 - 2026) Analysis & Trends
Torm has reported Asset Utilization Ratio for 10 years, with the latest figure at 0.46 in Q2 2026.
- On a quarterly basis, Asset Utilization Ratio rose 4.8% year-over-year to 0.46 in Q2 2026; TTM through Jun 2026 was 0.46, a 4.8% increase from a year earlier, with the FY2025 full-year figure at 0.49, down 40.94% from the prior year.
- Asset Utilization Ratio was 0.46 for Q2 2026 at Torm, up from 0.43 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.99 in Q4 2022, with the low at 0.3 in Q1 2022.
- Average Asset Utilization Ratio over 5 years is 0.59, with a median of 0.58 recorded in 2023.
- The sharpest annual moves came in 2022 and 2026: Asset Utilization Ratio jumped 265.95% in 2022, then fell 25.17% in 2026.
- Over 5 years, Asset Utilization Ratio stood at 0.99 in 2022, then declined by 5.35% to 0.94 in 2023, then slumped by 50.33% to 0.47 in 2024, then slipped by 5.02% to 0.44 in 2025, then climbed by 4.8% to 0.46 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.46 (Q2 2026), 0.43 (Q1 2026), and 0.44 (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | 0.47 |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 0.57 |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 0.74 |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 0.43 |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 0.38 |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | 0.28 |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 0.32 |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 0.46 |
| 10 | ZIM Integrated Shipping Services | 3.44 Bn | 2.41 Bn | 255.00 Mn | 0.61 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.46 |
| Mar 31, 2026 | 0.43 |
| Jun 30, 2025 | 0.44 |
| Mar 31, 2025 | 0.57 |
| Jun 30, 2024 | 0.47 |
| Mar 31, 2024 | 0.61 |
| Dec 31, 2023 | 0.94 |
| Sep 30, 2023 | 0.71 |
| Jun 30, 2023 | 0.58 |
| Mar 31, 2023 | 0.74 |
| Dec 31, 2022 | 0.99 |
| Sep 30, 2022 | 0.62 |
| 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 |
| Sep 30, 2020 | 0.39 |