Torm (TRMD) Net Income (2016 - 2025)
Torm (TRMD) recorded quarterly Net Income of $62.1 million in Q2 2025, up 84260415.6% quarter-over-quarter from $73.7 in Q1 2025, and down 67.66% on a YoY basis from $192.0 million in Q2 2024.
Torm (TRMD) Net Income (2016 - 2025) Analysis & Trends
Torm's Net Income history runs 10 years deep, the most recent figure standing at $62.1 million for Q2 2025.
- In Q2 2025, Net Income fell 67.66% year-over-year to $62.1 million; the TTM figure through Dec 2025 stood at $62.1 million (down 67.66% YoY), while the FY2025 annual figure was $286.0 million, down 53.23% from the prior year.
- Net Income was $62.1 million for Q2 2025 at Torm, up from $73.7 in the prior quarter.
- In the past five years, Net Income ranged from a high of $217.5 million in Q3 2022 to a low of -$1.5 million in Q1 2023.
- Historically, Net Income has averaged $51.3 million across 5 years, with a median of $212.4 in 2024.
- The sharpest annual moves came in 2022 and 2023: Net Income jumped 2755128305.13% in 2022, then tumbled 13635053.64% in 2023.
- A 5-year view of Net Income shows it stood at -$7.8 in 2021, then surged by 2755128305.13% to $214.9 million in 2022, then slumped by 100.0% to $656.0 in 2023, then fell by 7.39% to $607.5 in 2024, then jumped by 10222122.22% to $62.1 million in 2025.
- The last three Net Income figures came in at $62.1 million (Q2 2025), $73.7 (Q1 2025), and $607.5 (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 1.30 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 1.50 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 1.00 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 1.98 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 239.84 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 922.00 Mn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 487.40 Mn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 776.00 Mn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 15.06 Mn |
| 10 | Torm | 2.93 Bn | 2.78 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2025 | 62.10 Mn |
| Mar 31, 2025 | 73.70 |
| Dec 31, 2024 | 607.50 |
| Jun 30, 2024 | 192.00 Mn |
| Mar 31, 2024 | 212.40 |
| Dec 31, 2023 | 656.00 |
| Sep 30, 2023 | 123.90 |
| Jun 30, 2023 | 185.40 Mn |
| Mar 31, 2023 | -1.50 Mn |
| Dec 31, 2022 | 214.90 Mn |
| Sep 30, 2022 | 217.50 Mn |
| Jun 30, 2022 | 117.00 |
| Mar 31, 2022 | 11.00 |
| Dec 31, 2021 | -7.80 |
| Sep 30, 2021 | -31.70 |
| Jun 30, 2021 | 2.40 Mn |
| Mar 31, 2021 | -20.90 |
| Dec 31, 2020 | -39.40 |
| Sep 30, 2020 | 999,998.90 |
| Jun 30, 2020 | 71.70 |