Torm (TRMD) Operating Expenses (2015 - 2025)
Torm (TRMD) posted quarterly Operating Expenses of -$64.3 million for Q2 2025, down 2.55% year-over-year from -$66.0 million in Q2 2024, and down 96837249.4% quarter-over-quarter from -$66.4 in Q1 2025.
Torm (TRMD) Operating Expenses (2015 - 2025) Analysis & Trends
Torm's Operating Expenses history runs 11 years deep, the most recent figure standing at -$64.3 million for Q2 2025.
- In Q2 2025, Operating Expenses fell 2.55% year-over-year to -$64.3 million; the TTM figure through Dec 2025 stood at -$64.3 million (down 2.55% YoY), while the FY2025 annual figure was $252.4 million, up 2.98% from the prior year.
- Operating Expenses for Q2 2025 stood at -$64.3 million, down from -$66.4 in the prior quarter.
- The five-year high for Operating Expenses was -$44.3 in Q1 2021, with the low at -$64.3 million in Q2 2025.
- The 5-year median for Operating Expenses is -$190.5 (2021), against an average of -$19.3 million.
- The sharpest annual moves came in 2021 and 2023: Operating Expenses plunged 105092492.59% in 2021, then surged 100.0% in 2023.
- Torm's Operating Expenses stood at -$190.5 in 2021, then tumbled by 26456592.91% to -$50.4 million in 2022, then soared by 100.0% to -$216.0 in 2023, then dropped by 13.47% to -$245.1 in 2024, then slumped by 26234090.13% to -$64.3 million in 2025.
- Business Quant data shows TRMD's Operating Expenses at -$64.3 million in Q2 2025, -$66.4 in Q1 2025, and -$245.1 in Q4 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 3.13 Bn |
| 2 | Enbridge | 111.13 Bn | 109.64 Bn | 5.23 Bn | 19.09 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 16.13 Bn |
| 4 | Energy Transfer | 72.53 Bn | 71.50 Bn | 7.40 Bn | 30.76 Bn |
| 5 | Tc Energy | 66.12 Bn | 58.56 Bn | 1.24 Bn | 851.61 Mn |
| 6 | Mplx | 60.19 Bn | 59.16 Bn | 2.73 Bn | 1.93 Bn |
| 7 | Oneok | 60.00 Bn | 59.84 Bn | 2.81 Bn | 4.00 Mn |
| 8 | Targa Resources | 59.13 Bn | 59.00 Bn | 2.14 Bn | 354.10 Mn |
| 9 | Cheniere Energy | 56.04 Bn | 54.79 Bn | 5.29 Bn | 1.44 Bn |
| 10 | Torm | 3.00 Bn | 3.00 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 | -190.50 |
| Sep 30, 2021 | -138.60 |
| Jun 30, 2021 | -45.40 Mn |
| Mar 31, 2021 | -44.30 |
| Dec 31, 2020 | -178.40 |
| Sep 30, 2020 | -47.10 Mn |
| Jun 30, 2020 | -43.20 |