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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |