Torm TRMD
NASDAQ TRMD
$35.18 +1.00 (+2.93%)
At close: Sep 4, 2026 · 4:00 PM EDT

Torm (TRMD) Operating Expenses (2015 - 2026)

Torm (TRMD) posted Operating Expenses of -$72.6 million for Q2 2026, down 7.4% on a QoQ basis from -$67.6 million in Q1 2026, and down 12.91% year-over-year from -$83.4 million in Q2 2025.

Analysis

Torm (TRMD) Operating Expenses (2015 - 2026) Analysis & Trends

Torm has reported Operating Expenses for 12 years, with the latest figure at -$72.6 million in Q2 2026.

  • On a quarterly basis, Operating Expenses fell 12.91% year-over-year to -$72.6 million in Q2 2026; TTM through Jun 2026 was -$456.9 million, a 4.2% decrease from a year earlier, with the FY2025 full-year figure at -$252.4 million, down 2.98% from the prior year.
  • Operating Expenses was -$72.6 million for Q2 2026 at Torm, down from -$67.6 million in the prior quarter.
  • The five-year high for Operating Expenses was -$49.3 million in Q1 2022, with the low at -$252.4 million in Q4 2025.
  • Average Operating Expenses over 5 years is -$101.1 million, with a median of -$63.5 million recorded in 2024.
  • The sharpest annual moves came in 2022 and 2026: Operating Expenses tumbled 212.56% in 2022, then declined 1.81% in 2026.
  • Over 5 years, Operating Expenses stood at -$202.1 million in 2022, then slipped by 6.88% to -$216.0 million in 2023, then retreated by 13.47% to -$245.1 million in 2024, then slipped by 2.98% to -$252.4 million in 2025, then soared by 71.24% to -$72.6 million in 2026.
  • The last three Operating Expenses figures came in at -$72.6 million (Q2 2026), -$67.6 million (Q1 2026), and -$252.4 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Frontline 10.27 Bn 9.94 Bn - 347.18 Mn
2 Kirby 7.43 Bn 7.39 Bn 290.80 Mn 800.04 Mn
3 Matson 6.74 Bn 6.62 Bn - 810.50 Mn
4 International Seaways 5.17 Bn 5.17 Bn 467.16 Mn 168.38 Mn
5 Hafnia 4.59 Bn 4.31 Bn 372.91 Mn -47.20 Mn
6 Cmb.Tech 4.47 Bn 4.31 Bn 970.62 Mn -783.93 Mn
7 Scorpio Tankers 4.26 Bn 2.42 Bn 343.91 Mn -10.41 Mn
8 Star Bulk Carriers 3.68 Bn 3.11 Bn 299.80 Mn 202.38 Mn
9 Torm 3.56 Bn -626.52 Mn 652.00 Mn -72.60 Mn
10 ZIM Integrated Shipping Services 3.44 Bn 2.41 Bn 255.00 Mn -419.60 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -72.60 Mn
Mar 31, 2026 -67.60 Mn
Dec 31, 2025 -252.40 Mn
Jun 30, 2025 -64.30 Mn
Mar 31, 2025 -66.40 Mn
Dec 31, 2024 -245.10 Mn
Jun 30, 2024 -62.70 Mn
Mar 31, 2024 -56.60 Mn
Dec 31, 2023 -216.00 Mn
Sep 30, 2023 -54.20 Mn
Jun 30, 2023 -54.80 Mn
Mar 31, 2023 -51.90 Mn
Dec 31, 2022 -202.10 Mn
Sep 30, 2022 -51.30 Mn
Jun 30, 2022 -51.10 Mn
Mar 31, 2022 -49.30 Mn
Dec 31, 2021 -190.50 Mn
Sep 30, 2021 -48.90 Mn
Jun 30, 2021 45.40 Mn
Mar 31, 2021 -44.30 Mn