Torm TRMD
NASDAQ TRMD
$35.18 +1.00 (+2.93%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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