Torm (TRMD) Interest Expenses (2015 - 2025)
Torm's (TRMD) quarterly Interest Expenses came in at -$17.8 million in Q2 2025, up 5.82% year-on-year from -$16.8 million in Q2 2024, and down 99999900.0% quarter-over-quarter from -$17.8 in Q1 2025.
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.
- On a quarterly basis, Interest Expenses rose 5.82% year-over-year to -$17.8 million in Q2 2025; TTM through Dec 2025 was -$17.8 million, a 5.82% increase from a year earlier, with the FY2025 full-year figure at $74.4 million, changed 0.4% from the prior year.
- Interest Expenses slipped to -$17.8 million in Q2 2025 per TRMD's latest filing, from -$17.8 in the prior quarter.
- Across five years, Interest Expenses topped out at -$9.6 in Q1 2021 and bottomed at -$18.9 million in Q2 2024.
- The 5-year median for Interest Expenses is -$42.4 (2021), against an average of -$5.3 million.
- Biggest YoY gain for Interest Expenses was 100.0% in 2023; the steepest drop was 75313707.53% in 2023.
- Year by year, Interest Expenses stood at -$42.4 in 2021, then slumped by 29245183.02% 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 plunged by 24021492.44% to -$17.8 million in 2025.
- Per Business Quant, the three latest TRMD Interest Expenses figures stand at -$17.8 million (Q2 2025), -$17.8 (Q1 2025), and -$74.1 (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 5.65 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -20.11 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 256.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 891.09 Mn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 659.00 Mn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 626.02 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 947.00 Mn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 384.00 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 439.00 Mn |
| 10 | Torm | 2.96 Bn | 2.80 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 | -16.50 |
| Sep 30, 2023 | -16.50 |
| Jun 30, 2023 | -18.00 Mn |
| Jun 30, 2023 | -18.00 Mn |
| Mar 31, 2023 | -12.50 |
| Mar 31, 2023 | -12.50 |
| Dec 31, 2022 | -12.40 Mn |
| Dec 31, 2022 | -12.40 Mn |