Torm (TRMD) Receivables (2015 - 2026)
Torm (TRMD) recorded Receivables of $350.5 million in Q2 2026, up 73.7% from $201.8 million a year earlier and up 24.2% from the prior quarter.
Analysis
Torm (TRMD) Receivables (2015 - 2026) Analysis & Trends
At the end of FY2025, Torm reported Receivables of $238.4 million, down 2.1% from FY2024.
- Annual Receivables has declined for three straight years, though with a five-year compound annual growth rate of 23.4% (FY2020 to FY2025).
- Across earlier years, Receivables came in at $243.5 million in FY2024 (-10.3%), $271.5 million in FY2023 (-18.6%), $333.5 million in FY2022 (+169.0%) and $123.97 million in FY2021 (+48.5%).
- The Q2 2026 figure is the highest quarterly Receivables in data going back to Q4 2015.
- On a year-over-year basis, Receivables rose in two of the last six quarters, with growth averaging 4.2%.
- Peak year-over-year performance for Receivables in the last five years was growth of 209.1% in Q3 2022, against a decline of 30.3% in Q2 2025 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 2.13 Bn |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 1.46 Bn |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 1.63 Bn |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 10.71 Bn |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 1.18 Bn |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 12.67 Bn |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 4.31 Bn |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 618.02 Mn |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 111.35 Mn |
| 10 | Torm | 3.59 Bn | 2.41 Bn | 657.90 Mn | 350.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 350.50 Mn |
| Mar 31, 2026 | 282.30 Mn |
| Dec 31, 2025 | 238.40 Mn |
| Jun 30, 2025 | 201.80 Mn |
| Mar 31, 2025 | 229.00 Mn |
| Dec 31, 2024 | 243.50 Mn |
| Jun 30, 2024 | 289.50 Mn |
| Mar 31, 2024 | 322.10 Mn |
| Dec 31, 2023 | 271.50 Mn |
| Sep 30, 2023 | 293.00 Mn |
| Jun 30, 2023 | 329.10 Mn |
| Mar 31, 2023 | 290.90 Mn |
| Dec 31, 2022 | 333.50 Mn |
| Sep 30, 2022 | 326.40 Mn |
| Jun 30, 2022 | 249.20 Mn |
| Mar 31, 2022 | 164.90 Mn |
| Dec 31, 2021 | 123.97 Mn |
| Sep 30, 2021 | 105.60 Mn |
| Jun 30, 2021 | 102.30 Mn |
| Mar 31, 2021 | 85.90 Mn |
API Access
Torm Receivables 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=receivables&ticker=TRMD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables", "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=receivables&ticker=TRMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();