Torm TRMD
NASDAQ TRMD
$36.15 +0.73 (+2.06%)
At close: Sep 29, 2026 · 4:00 PM EDT

Torm (TRMD) Payables (2016 - 2026)

Updated

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

Historic Data

Download Data
DateValue
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