Torm (TRMD) Current Taxes (2016 - 2026)
Torm (TRMD) posted Current Taxes of $100000.0 for Q2 2026, up 114.29% on a QoQ basis from -$700000.0 in Q1 2026, and down 92.31% year-over-year from $1.3 million in Q2 2025.
Analysis
Torm (TRMD) Current Taxes (2016 - 2026) Analysis & Trends
Torm has reported Current Taxes for 11 years, with the latest figure at $100000.0 in Q2 2026.
- On a quarterly basis, Current Taxes fell 92.31% year-over-year to $100000.0 in Q2 2026; TTM through Jun 2026 was $100000.0, a 92.31% decrease from a year earlier, with the FY2025 full-year figure at $300000.0, down 99.99% from the prior year.
- Current Taxes was $100000.0 for Q2 2026 at Torm, up from -$700000.0 in the prior quarter.
- The five-year high for Current Taxes was $3.5 billion in Q4 2024, with the low at -$1.1 million in Q2 2022.
- Average Current Taxes over 5 years is $953.8 million, with a median of $1.3 million recorded in 2023.
- The largest YoY upside for Current Taxes was 281299.35% in 2022 against a maximum downside of 184.62% in 2022.
- Over 5 years, Current Taxes stood at $2.6 billion in 2022, then grew by 9.79% to $2.9 billion in 2023, then grew by 20.89% to $3.5 billion in 2024, then tumbled by 99.99% to $300000.0 in 2025, then slumped by 66.67% to $100000.0 in 2026.
- The last three Current Taxes figures came in at $100000.0 (Q2 2026), -$700000.0 (Q1 2026), and $300000.0 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | - |
| 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 | 3.85 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 | -776,000.00 |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 100,000.00 |
| 10 | ZIM Integrated Shipping Services | 3.44 Bn | 2.41 Bn | 255.00 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 100,000.00 |
| Mar 31, 2026 | -700,000.00 |
| Dec 31, 2025 | 300,000.00 |
| Jun 30, 2025 | 1.30 Mn |
| Mar 31, 2025 | -900,000.00 |
| Dec 31, 2024 | 3.47 Bn |
| Jun 30, 2024 | 1.50 Mn |
| Dec 31, 2023 | 2.87 Bn |
| Sep 30, 2023 | 2.81 Bn |
| Jun 30, 2023 | 1.30 Mn |
| Mar 31, 2023 | -1.00 Mn |
| Dec 31, 2022 | 2.61 Bn |
| Sep 30, 2022 | 2.55 Bn |
| Jun 30, 2022 | -1.10 Mn |
| Mar 31, 2022 | -900,000.00 |
| Dec 31, 2021 | 929,000.00 |
| Sep 30, 2021 | -1.80 Mn |
| Jun 30, 2021 | 1.30 Mn |
| Mar 31, 2021 | -1.10 Mn |
| Dec 31, 2020 | 1.42 Mn |