Torm (TRMD) Cost of Revenue (2017 - 2026)
Torm (TRMD) reported Cost of Revenue of $10.8 million for Q2 2026, down 42.2% from $18.7 million a year earlier but up 83.1% from the prior quarter.
Torm (TRMD) Cost of Revenue (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Torm's Cost of Revenue came in at $60 million, down 0.7% year-over-year; for FY2023, it was $36.6 million.
- Cost of Revenue has a four-year compound annual growth rate of -46.3% (FY2019 to FY2023).
- By year, Cost of Revenue came in at $3 million in FY2022, $406.36 million in FY2020 (-7.8%) and $440.61 million in FY2019.
- Five-year quarterly Cost of Revenue spans a low of $3 million in Q4 2022 and a high of $36.6 million in Q4 2023.
- Year over year, Cost of Revenue gained in three of the last six quarters, with growth averaging 38.8%.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 175.98 Bn | 168.23 Bn | - | - |
| 2 | United Parcel Service | 94.55 Bn | 71.37 Bn | - | - |
| 3 | Csx | 92.38 Bn | 87.60 Bn | - | - |
| 4 | Canadian Pacific Kansas City | 83.29 Bn | 82.32 Bn | - | - |
| 5 | Fedex | 75.59 Bn | 41.78 Bn | - | - |
| 6 | Norfolk Southern | 73.24 Bn | 67.71 Bn | - | - |
| 7 | Delta Air Lines | 59.69 Bn | 41.88 Bn | - | - |
| 8 | United Airlines Holdings | 38.91 Bn | -18.79 Bn | - | - |
| 9 | Old Dominion Freight Line | 35.36 Bn | 34.20 Bn | - | - |
| 10 | Torm | 3.40 Bn | 2.22 Bn | 652.00 Mn | 10.80 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.80 Mn |
| Mar 31, 2026 | 5.90 Mn |
| Dec 31, 2025 | 24.60 Mn |
| Jun 30, 2025 | 18.70 Mn |
| Mar 31, 2025 | 13.50 Mn |
| Dec 31, 2024 | 18.50 Mn |
| Jun 30, 2024 | 9.70 Mn |
| Mar 31, 2024 | 3.80 Mn |
| Dec 31, 2023 | 36.60 Mn |
| Jun 30, 2023 | 14.20 Mn |
| Dec 31, 2022 | 3.00 Mn |
| Dec 31, 2018 | -400,000.00 |
| Dec 31, 2017 | -28.60 Mn |
Torm Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=TRMD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "TRMD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=TRMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();