Torm (TRMD) Payables (2016 - 2026)
Torm (TRMD) reported Payables of $81.8 million for Q2 2026, up 81.0% from $45.2 million a year earlier.
Analysis
Torm (TRMD) Payables (2016 - 2026) Analysis & Trends
At the end of FY2025, Torm posted Payables of $41 million, down 18.0% from FY2024.
- Payables has a five-year compound annual growth rate of -18.9% (FY2020 to FY2025).
- By year, Payables came in at $50 million in FY2024 (+16.0%), $43.1 million in FY2023 (-11.1%), $48.5 million in FY2022 (-80.1%) and $244.28 million in FY2021 (+108.4%).
- The Q2 2026 figure ranks as the highest quarterly Payables since Q1 2022.
- Year over year, Payables gained in two of the last four quarters, with growth averaging 18.6%.
- The high point for year-over-year Payables in five years was Q4 2021 (growth of 108.4%); the low point was Q3 2022 (a decline of 80.3%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 4.32 Bn |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 1.11 Bn |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 2.11 Bn |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 5.98 Bn |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 1.78 Bn |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 5.07 Bn |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 7.84 Bn |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 80.99 Mn |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 828.76 Mn |
| 10 | Torm | 3.59 Bn | 2.41 Bn | 657.90 Mn | 81.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 81.80 Mn |
| Dec 31, 2025 | 41.00 Mn |
| Jun 30, 2025 | 45.20 Mn |
| Dec 31, 2024 | 50.00 Mn |
| Jun 30, 2024 | 47.40 Mn |
| Dec 31, 2023 | 43.10 Mn |
| Sep 30, 2023 | 45.60 Mn |
| Jun 30, 2023 | 38.50 Mn |
| Dec 31, 2022 | 48.50 Mn |
| Sep 30, 2022 | 40.80 Mn |
| Jun 30, 2022 | 50.10 Mn |
| Mar 31, 2022 | 167.20 Mn |
| Dec 31, 2021 | 244.28 Mn |
| Sep 30, 2021 | 207.50 Mn |
| Jun 30, 2021 | 29.90 Mn |
| Mar 31, 2021 | 128.30 Mn |
| Dec 31, 2020 | 117.21 Mn |
| Sep 30, 2020 | 126.90 Mn |
| Jun 30, 2020 | 1.29 Bn |
| Mar 31, 2020 | 137.40 Mn |
API Access
Torm Payables 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=payables&ticker=TRMD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=TRMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();