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

Torm (TRMD) Capital Expenditures (2017 - 2023)

Torm (TRMD) posted Capital Expenditures of $152.2 million for Q4 2023, up 536.82% on a QoQ basis from $23.9 million in Q3 2023, and up 1107.94% year-over-year from $12.6 million in Q4 2022.

Analysis

Torm (TRMD) Capital Expenditures (2017 - 2023) Analysis & Trends

Torm has reported Capital Expenditures for 6 years, with the latest figure at $152.2 million in Q4 2023.

  • On a quarterly basis, Capital Expenditures rose 1107.94% year-over-year to $152.2 million in Q4 2023; TTM through Dec 2023 was $509.7 million, a 201.62% increase from a year earlier, with the FY2025 full-year figure at $308.5 million, down 47.03% from the prior year.
  • Capital Expenditures was $152.2 million for Q4 2023 at Torm, up from $23.9 million in the prior quarter.
  • The five-year high for Capital Expenditures was $215.1 million in Q1 2023, with the low at $12.6 million in Q4 2022.
  • Average Capital Expenditures over 4 years is $79.6 million, with a median of $47.5 million recorded in 2021.
  • The sharpest annual moves came in 2022 and 2023: Capital Expenditures plunged 73.47% in 2022, then soared 1107.94% in 2023.
  • Over 4 years, Capital Expenditures stood at $37.8 million in 2020, then increased by 25.79% to $47.5 million in 2021, then slumped by 73.47% to $12.6 million in 2022, then jumped by 1107.94% to $152.2 million in 2023.
  • The last three Capital Expenditures figures came in at $152.2 million (Q4 2023), $23.9 million (Q3 2023), and $118.5 million (Q2 2023), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Frontline 10.27 Bn 9.94 Bn - -
2 Kirby 7.43 Bn 7.39 Bn 290.80 Mn 14.40 Mn
3 Matson 6.74 Bn 6.62 Bn - 169.50 Mn
4 International Seaways 5.17 Bn 5.17 Bn 467.16 Mn 67,000.00
5 Hafnia 4.59 Bn 4.31 Bn 372.91 Mn -20.55 Mn
6 Cmb.Tech 4.47 Bn 4.31 Bn 970.62 Mn -
7 Scorpio Tankers 4.26 Bn 2.42 Bn 343.91 Mn -
8 Star Bulk Carriers 3.68 Bn 3.11 Bn 299.80 Mn 99.70 Mn
9 Torm 3.56 Bn -626.52 Mn 652.00 Mn -
10 ZIM Integrated Shipping Services 3.44 Bn 2.41 Bn 255.00 Mn -11.60 Mn
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2023 152.20 Mn
Sep 30, 2023 23.90 Mn
Jun 30, 2023 118.50 Mn
Mar 31, 2023 215.10 Mn
Dec 31, 2022 12.60 Mn
Sep 30, 2022 47.10 Mn
Dec 31, 2021 47.49 Mn
Sep 30, 2021 61.80 Mn
Dec 31, 2020 37.75 Mn
Dec 31, 2018 59.54 Mn
Sep 30, 2018 16.80 Mn
Dec 31, 2017 16.11 Mn