Torm (TRMD) Interest Expenses (2015 - 2025)
Torm (TRMD) recorded quarterly Interest Expenses of -$17.8 million in Q2 2025, down 99999900.0% quarter-over-quarter from -$17.8 in Q1 2025, and up 5.82% on a YoY basis from -$16.8 million in Q2 2024.
Torm (TRMD) Interest Expenses (2015 - 2025) Analysis & Trends
Torm's Interest Expenses history runs 11 years deep, the most recent figure standing at -$17.8 million for Q2 2025.
- In Q2 2025, Interest Expenses rose 5.82% year-over-year to -$17.8 million; the TTM figure through Dec 2025 stood at -$17.8 million (up 5.82% YoY), while the FY2025 annual figure was $74.4 million, changed 0.4% from the prior year.
- Interest Expenses was -$17.8 million for Q2 2025 at Torm, down from -$17.8 in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $18.0 million in Q2 2023 to a low of -$18.9 million in Q2 2024.
- Historically, Interest Expenses has averaged -$1.7 million across 5 years, with a median of -$18.3 in 2024.
- The sharpest annual moves came in 2022 and 2023: Interest Expenses plunged 100812908.13% in 2022, then surged 105042116.81% in 2023.
- A 5-year view of Interest Expenses shows it stood at -$12.3 in 2021, then slumped by 100812908.13% to -$12.4 million in 2022, then soared by 100.0% to -$60.9 in 2023, then declined by 21.67% to -$74.1 in 2024, then slumped by 24021492.44% to -$17.8 million in 2025.
- The last three Interest Expenses figures came in at -$17.8 million (Q2 2025), -$17.8 (Q1 2025), and -$74.1 (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 891.09 Mn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 385.00 Mn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | - |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 947.00 Mn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | -12.23 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 291.00 Mn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | - |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 439.00 Mn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 626.02 Mn |
| 10 | Torm | 2.93 Bn | 2.78 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2025 | -17.80 Mn |
| Jun 30, 2025 | -17.80 Mn |
| Mar 31, 2025 | -17.80 |
| Mar 31, 2025 | -17.80 |
| Dec 31, 2024 | -74.10 |
| Dec 31, 2024 | -74.10 |
| Jun 30, 2024 | -18.90 Mn |
| Jun 30, 2024 | -18.90 Mn |
| Mar 31, 2024 | -18.30 |
| Mar 31, 2024 | -18.30 |
| Dec 31, 2023 | -60.90 |
| Dec 31, 2023 | -60.90 |
| Sep 30, 2023 | 46.90 |
| Sep 30, 2023 | 46.90 |
| Jun 30, 2023 | 18.00 Mn |
| Jun 30, 2023 | 18.00 Mn |
| Mar 31, 2023 | 12.50 Mn |
| Mar 31, 2023 | 12.50 Mn |
| Dec 31, 2022 | -12.40 Mn |
| Dec 31, 2022 | -12.40 Mn |