Torm (TRMD) Operating Expenses (2015 - 2025)
Torm (TRMD) posted Operating Expenses of -$64.3 million for Q2 2025, down 96837249.4% on a QoQ basis from -$66.4 in Q1 2025, and down 2.55% year-on-year from -$66.0 million in Q2 2024.
Torm (TRMD) Operating Expenses (2015 - 2025) Analysis & Trends
Torm has disclosed Operating Expenses across 11 years of filings, most recently posting -$64.3 million for Q2 2025.
- Operating Expenses for Q2 2025 came in at -$64.3 million, down 2.55% year-over-year; the trailing twelve-month figure through Dec 2025 was -$64.3 million (down 2.55% YoY), and the FY2025 annual result was $252.4 million, up 2.98% from the prior year.
- Operating Expenses came in at -$64.3 million for Q2 2025 at Torm, down from -$66.4 in the prior quarter.
- Over the last five years, Operating Expenses for TRMD reached as high as -$44.3 in Q1 2021 and fell as low as -$64.3 million in Q2 2025.
- Median Operating Expenses over the past 5 years was -$138.6 (2021), compared with a mean of -$19.3 million.
- Year-over-year, Operating Expenses plunged 105092492.59% in 2021 and jumped 100.0% in 2023.
- Over 5 years, Operating Expenses stood at -$51.9 in 2021, then slumped by 97109726.59% to -$50.4 million in 2022, then jumped by 100.0% to -$216.0 in 2023, then declined by 13.47% to -$245.1 in 2024, then sank by 26234090.13% to -$64.3 million in 2025.
- Per Business Quant, the three latest TRMD Operating Expenses figures stand at -$64.3 million (Q2 2025), -$66.4 (Q1 2025), and -$245.1 (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 13.95 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 3.38 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 12.50 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 1.70 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 333.70 Mn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 1.82 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 7.00 Mn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 274.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 3.45 Bn |
| 10 | Torm | 2.56 Bn | 2.40 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2025 | -64.30 Mn |
| Mar 31, 2025 | -66.40 |
| Dec 31, 2024 | -245.10 |
| Jun 30, 2024 | -62.70 Mn |
| Mar 31, 2024 | -56.60 |
| Dec 31, 2023 | -216.00 |
| Sep 30, 2023 | -54.20 |
| Jun 30, 2023 | -54.80 Mn |
| Mar 31, 2023 | -51.90 |
| Dec 31, 2022 | -50.40 Mn |
| Sep 30, 2022 | -51.30 Mn |
| Jun 30, 2022 | -100.40 |
| Mar 31, 2022 | -49.30 |
| Dec 31, 2021 | -51.90 |
| Sep 30, 2021 | -138.60 |
| Jun 30, 2021 | -45.40 Mn |
| Mar 31, 2021 | -44.30 |
| Dec 31, 2020 | -45.00 |
| Sep 30, 2020 | -47.10 Mn |
| Jun 30, 2020 | -43.20 |