Torm (TRMD) Debt to Equity (2016 - 2025)

Torm (TRMD) recorded quarterly Debt to Equity of $0.46 in Q4 2025, down 22.98% quarter-over-quarter from $0.59 in Q4 2024, and down 22.98% on a YoY basis from $0.59 in Q4 2024.

Torm (TRMD) Debt to Equity (2016 - 2025) Analysis & Trends

Torm's Debt to Equity history runs 10 years deep, the most recent figure standing at $0.46 for Q4 2025.

  • In Q4 2025, Debt to Equity fell 22.98% year-over-year to $0.46; the TTM figure through Dec 2025 stood at $0.46 (down 22.98% YoY), while the FY2025 annual figure was $0.46, down 100.0% from the prior year.
  • Debt to Equity was $0.46 for Q4 2025 at Torm, down from $0.59 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $1.08 in Q4 2021 to a low of $0.46 in Q4 2025.
  • Historically, Debt to Equity has averaged $0.68 across 5 years, with a median of $0.64 in 2023.
  • The sharpest annual moves came in 2021 and 2022: Debt to Equity surged 30.33% in 2021, then tumbled 40.32% in 2022.
  • A 5-year view of Debt to Equity shows it stood at $1.08 in 2021, then sank by 40.32% to $0.64 in 2022, then decreased by 1.13% to $0.64 in 2023, then retreated by 7.14% to $0.59 in 2024, then retreated by 22.98% to $0.46 in 2025.
  • The last three Debt to Equity figures came in at $0.46 (Q4 2025), $0.59 (Q4 2024), and $0.64 (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 1.66
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 1.12
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 1.02
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 2.01
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 1.79
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 5.85
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 1.43
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 1.71
10 Torm 2.93 Bn 2.78 Bn - 0.46

Historic Data

Download Data
DateValue
Dec 31, 2025 0.46
Dec 31, 2024 0.59
Dec 31, 2023 0.64
Dec 31, 2022 0.64
Dec 31, 2021 1.08
Dec 31, 2020 0.83
Dec 31, 2019 0.85
Dec 31, 2018 0.88
Dec 31, 2017 0.94
Dec 31, 2016 0.86