Torm (TRMD) Net Income (2016 - 2026)
Torm (TRMD) posted Net Income of $338.3 million for Q2 2026, up 476.3% from $58.7 million a year earlier and up 176.4% from the prior quarter.
Torm (TRMD) Net Income (2016 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Income at Torm was $2.17 billion, down 0.2% year-over-year; for FY2025, it was $286 million, down 53.2% from FY2024.
- Annual Net Income shows a five-year compound annual growth rate of 26.6% (FY2020 to FY2025).
- In prior years, Torm's Net Income was $611.5 million in FY2024 (-5.6%), $648 million in FY2023 (+15.2%), $562.6 million in FY2022 and -$42.1 million in FY2021.
- Quarterly Net Income has run from a low of -$42.09 million in Q4 2021 to a high of $1.86 billion in Q4 2024 over five years.
- On a year-over-year basis, Net Income increased in three of the last six quarters, with growth averaging 102.1%.
- The strongest year-over-year quarter for Net Income in the past five years was Q2 2026, with growth of 476.3%; the weakest was Q1 2025, with a decline of 69.9%.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 165.28 Bn | 159.81 Bn | - | 1.99 Bn |
| 2 | Csx | 87.86 Bn | 84.08 Bn | - | 1.00 Bn |
| 3 | Canadian Pacific Kansas City | 75.56 Bn | 75.27 Bn | - | 740.28 Mn |
| 4 | Norfolk Southern | 71.27 Bn | 65.91 Bn | - | 734.00 Mn |
| 5 | United Parcel Service | 69.70 Bn | 46.62 Bn | - | 604.00 Mn |
| 6 | Fedex | 68.71 Bn | 34.65 Bn | - | 1.60 Bn |
| 7 | Delta Air Lines | 55.32 Bn | 37.50 Bn | - | 1.60 Bn |
| 8 | Old Dominion Freight Line | 37.44 Bn | 36.71 Bn | - | 350.60 Mn |
| 9 | United Airlines Holdings | 36.52 Bn | -19.85 Bn | - | 805.00 Mn |
| 10 | Torm | 4.05 Bn | 2.87 Bn | 657.90 Mn | 338.30 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 338.30 Mn |
| Mar 31, 2026 | 122.40 Mn |
| Dec 31, 2025 | 1.65 Bn |
| Jun 30, 2025 | 58.70 Mn |
| Mar 31, 2025 | 62.90 Mn |
| Dec 31, 2024 | 1.86 Bn |
| Jun 30, 2024 | 194.20 Mn |
| Mar 31, 2024 | 209.20 Mn |
| Dec 31, 2023 | 635.60 Mn |
| Sep 30, 2023 | 124.30 Mn |
| Jun 30, 2023 | 185.40 Mn |
| Mar 31, 2023 | 153.60 Mn |
| Dec 31, 2022 | 507.20 Mn |
| Sep 30, 2022 | 217.10 Mn |
| Jun 30, 2022 | 106.60 Mn |
| Mar 31, 2022 | 10.40 Mn |
| Dec 31, 2021 | -42.09 Mn |
| Sep 30, 2021 | -14.70 Mn |
| Jun 30, 2021 | 2.10 Mn |
| Mar 31, 2021 | -21.30 Mn |
Torm Net Income 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=net-income&ticker=TRMD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=TRMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();