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

Torm (TRMD) Construction in Progress (2024 - 2026)

Torm (TRMD) posted Construction in Progress of $2.6 million for Q1 2026, down 23.53% on a QoQ basis from $3.4 million in Q4 2025, and up 4.0% year-over-year from $2.5 million in Q1 2025.

Analysis

Torm (TRMD) Construction in Progress (2024 - 2026) Analysis & Trends

Torm has reported Construction in Progress for 3 years, with the latest figure at $2.6 million in Q1 2026.

  • On a quarterly basis, Construction in Progress rose 4.0% year-over-year to $2.6 million in Q1 2026; TTM through Mar 2026 was $2.6 million, a 4.0% increase from a year earlier, with the FY2025 full-year figure at $3.4 million, down 29.17% from the prior year.
  • Construction in Progress was $2.6 million for Q1 2026 at Torm, down from $3.4 million in the prior quarter.
  • The five-year high for Construction in Progress was $4.8 million in Q4 2024, with the low at $2.5 million in Q1 2025.
  • Average Construction in Progress over 3 years is $3.6 million, with a median of $3.4 million recorded in 2025.
  • The sharpest annual moves came in 2025 and 2026: Construction in Progress tumbled 44.44% in 2025, then increased 4.0% in 2026.
  • Over 3 years, Construction in Progress stood at $4.8 million in 2024, then retreated by 29.17% to $3.4 million in 2025, then dropped by 23.53% to $2.6 million in 2026.
  • The last three Construction in Progress figures came in at $2.6 million (Q1 2026), $3.4 million (Q4 2025), and $2.5 million (Q1 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (Qtr)
1 Frontline 10.27 Bn 9.94 Bn - 225.77 Mn
2 Kirby 7.43 Bn 7.39 Bn 290.80 Mn -
3 Matson 6.74 Bn 6.62 Bn - -
4 International Seaways 5.17 Bn 5.17 Bn 467.16 Mn -
5 Hafnia 4.59 Bn 4.31 Bn 372.91 Mn -
6 Cmb.Tech 4.47 Bn 4.31 Bn 970.62 Mn 532.66 Mn
7 Scorpio Tankers 4.26 Bn 2.42 Bn 343.91 Mn 90.21 Mn
8 Star Bulk Carriers 3.68 Bn 3.11 Bn 299.80 Mn 62.93 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 -
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 2.60 Mn
Dec 31, 2025 3.40 Mn
Mar 31, 2025 2.50 Mn
Dec 31, 2024 4.80 Mn
Mar 31, 2024 4.50 Mn