Torm (TRMD) Construction in Progress (2023 - 2025)

Torm (TRMD) recorded quarterly Construction in Progress of $3.4 million in Q4 2025, up 54.55% quarter-over-quarter from $2.2 million in Q2 2025, and down 26.09% on a YoY basis from $4.6 million in Q4 2024.

Torm (TRMD) Construction in Progress (2023 - 2025) Analysis & Trends

Torm's Construction in Progress history runs 3 years deep, the most recent figure standing at $3.4 million for Q4 2025.

  • In Q4 2025, Construction in Progress fell 26.09% year-over-year to $3.4 million; the TTM figure through Dec 2025 stood at $3.4 million (down 26.09% YoY), while the FY2025 annual figure was $3.4 million, down 26.09% from the prior year.
  • Construction in Progress was $3.4 million for Q4 2025 at Torm, up from $2.2 million in the prior quarter.
  • In the past five years, Construction in Progress ranged from a high of $4.6 million in Q4 2024 to a low of $2.4 in Q1 2025.
  • Historically, Construction in Progress has averaged $2.6 million across 3 years, with a median of $3.4 million in 2025.
  • The sharpest annual moves came in 2024 and 2025: Construction in Progress grew 9.52% in 2024, then plunged 43.59% in 2025.
  • A 3-year view of Construction in Progress shows it stood at $4.2 million in 2023, then grew by 9.52% to $4.6 million in 2024, then declined by 26.09% to $3.4 million in 2025.
  • The last three Construction in Progress figures came in at $3.4 million (Q4 2025), $2.2 million (Q2 2025), and $2.4 (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn -
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 2.64 Bn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn -
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn -
5 Scorpio Tankers 59.17 Bn 58.19 Bn - 69.07 Mn
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn -
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn -
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn -
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 11.47 Mn
10 Torm 2.93 Bn 2.78 Bn - 3.40 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 3.40 Mn
Jun 30, 2025 2.20 Mn
Mar 31, 2025 2.40
Dec 31, 2024 4.60 Mn
Jun 30, 2024 3.90 Mn
Mar 31, 2024 4.20
Dec 31, 2023 4.20 Mn