Torm (TRMD) Current Taxes (2016 - 2026)
Torm (TRMD) recorded Current Taxes of $100,000 in Q2 2026, down 92.3% from $1.3 million a year earlier.
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Analysis
Torm (TRMD) Current Taxes (2016 - 2026) Analysis & Trends
At the end of FY2025, Torm reported Current Taxes of $300,000, down 100.0% from FY2024.
- Annual Current Taxes has a five-year compound annual growth rate of -26.7% (FY2020 to FY2025).
- Across earlier years, Current Taxes came in at $3.47 billion in FY2024 (+20.9%), $2.87 billion in FY2023 (+9.8%), $2.61 billion in FY2022 and $929,000 in FY2021 (-34.5%).
- The Q2 2026 figure is the lowest quarterly Current Taxes in data going back to Q4 2016.
- On a year-over-year basis, Current Taxes rose in 1 of the last four quarters, with an average decline of 46.2%.
- Peak year-over-year performance for Current Taxes in the last five years was growth of 20.9% in Q4 2024, against a decline of 100.0% in Q4 2025 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.50 Bn | 165.03 Bn | - | - |
| 2 | Csx | 88.86 Bn | 85.07 Bn | - | 188.00 Mn |
| 3 | United Parcel Service | 82.91 Bn | 59.81 Bn | - | - |
| 4 | Canadian Pacific Kansas City | 76.79 Bn | 75.81 Bn | - | - |
| 5 | Norfolk Southern | 72.78 Bn | 67.42 Bn | - | 218.00 Mn |
| 6 | Fedex | 69.54 Bn | 35.48 Bn | - | - |
| 7 | Delta Air Lines | 48.82 Bn | 31.01 Bn | - | - |
| 8 | Old Dominion Freight Line | 38.83 Bn | 38.10 Bn | - | - |
| 9 | United Airlines Holdings | 31.02 Bn | -25.36 Bn | - | - |
| 10 | Torm | 3.69 Bn | -7.99 Bn | 652.00 Mn | 100,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 100,000.00 |
| Dec 31, 2025 | 300,000.00 |
| Jun 30, 2025 | 1.30 Mn |
| Dec 31, 2024 | 700,000.00 |
| Jun 30, 2024 | 1.50 Mn |
| Dec 31, 2023 | 600,000.00 |
| Sep 30, 2023 | 1.60 Mn |
| Jun 30, 2023 | 1.30 Mn |
| Dec 31, 2022 | 2.00 Mn |
| Sep 30, 2022 | 1.50 Mn |
| 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 |
| Sep 30, 2020 | 1.70 Mn |
| Jun 30, 2020 | 15.00 Mn |
| Mar 31, 2020 | 1.20 Mn |
API Access
Torm Current Taxes 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=current-taxes&ticker=TRMD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-taxes", "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=current-taxes&ticker=TRMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();