Torm (TRMD) Interest Coverage Ratio (2017 - 2026)
Torm's Interest Coverage Ratio came in at 18.79 for Q2 2026, up 350.8% from 4.17 a year earlier and up 151.3% from the prior quarter.
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Analysis
Torm (TRMD) Interest Coverage Ratio (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Torm reported Interest Coverage Ratio of 12.56, up 175.5% year-over-year; for FY2025, it was 4.79, down 46.1% from FY2024.
- Interest Coverage Ratio has declined in each of the last three years.
- Going back by year, Interest Coverage Ratio was 8.89 in FY2024 (-22.5%), 11.47 in FY2023 (-6.9%), 12.33 in FY2022 and 0.03 in FY2021 (-98.8%).
- The Q2 2026 figure represents the highest quarterly Interest Coverage Ratio in data going back to Q3 2017.
- Year-over-year, Interest Coverage Ratio increased in two of the last four quarters, with growth averaging 72.0%.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in Q2 2022 (growth of 697.7%), and the weakest in Q2 2025 (a decline of 62.7%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - | 9.43 |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - | 6.03 |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - | 7.58 |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - | - |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - | - |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - | 5.96 |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - | - |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - | 4.03 |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - | 14,145.16 |
| 10 | Torm | 3.38 Bn | 2.20 Bn | 652.00 Mn | 18.79 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.79 |
| Mar 31, 2026 | 7.48 |
| Dec 31, 2025 | 14.28 |
| Jun 30, 2025 | 4.17 |
| Mar 31, 2025 | 4.62 |
| Jun 30, 2024 | 11.16 |
| Mar 31, 2024 | 12.17 |
| Dec 31, 2023 | 13.95 |
| Sep 30, 2023 | 8.48 |
| Jun 30, 2023 | 15.98 |
| Mar 31, 2023 | 13.08 |
| Dec 31, 2022 | 18.67 |
| Sep 30, 2022 | 18.29 |
| Jun 30, 2022 | 9.89 |
| Mar 31, 2022 | 1.90 |
| Dec 31, 2021 | 0.36 |
| Sep 30, 2021 | -0.34 |
| Jun 30, 2021 | 1.24 |
| Mar 31, 2021 | -1.21 |
| Dec 31, 2020 | -2.81 |
API Access
Torm Interest Coverage Ratio 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=interest-coverage-ratio&ticker=TRMD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=TRMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();