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
DateValue
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