Torm (TRMD) Interest Coverage Ratio (2016 - 2026)
Torm's Interest Coverage Ratio came in at 19.40 for Q2 2026, up 363.0% from 4.19 a year earlier and up 159.5% from the prior quarter.
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Analysis
Torm (TRMD) Interest Coverage Ratio (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Torm reported Interest Coverage Ratio of 16.52, down 1.0% 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 five-year range for quarterly Interest Coverage Ratio is -0.35 (Q3 2021) to 39.90 (Q4 2022).
- Year-over-year, Interest Coverage Ratio increased in three of the last six quarters, with growth averaging 74.6%.
- 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 Q4 2023 (a decline of 76.7%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 8.83 |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 7.14 |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | - |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 3.42 |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 5.71 |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | - |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | - |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 6,122.38 |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 38.62 |
| 10 | Torm | 3.59 Bn | 2.41 Bn | 657.90 Mn | 19.40 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.40 |
| Mar 31, 2026 | 7.48 |
| Dec 31, 2025 | 21.07 |
| Jun 30, 2025 | 4.19 |
| Mar 31, 2025 | 4.62 |
| Dec 31, 2024 | 24.10 |
| Jun 30, 2024 | 10.81 |
| Mar 31, 2024 | 12.17 |
| Dec 31, 2023 | 9.31 |
| Sep 30, 2023 | 8.48 |
| Jun 30, 2023 | 11.10 |
| Mar 31, 2023 | 13.08 |
| Dec 31, 2022 | 39.90 |
| Sep 30, 2022 | 18.29 |
| Jun 30, 2022 | 9.89 |
| Mar 31, 2022 | 1.90 |
| Dec 31, 2021 | 0.10 |
| Sep 30, 2021 | -0.35 |
| Jun 30, 2021 | 1.24 |
| Mar 31, 2021 | -1.21 |
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();