Torm (TRMD) Tax Provisions (2015 - 2025)
Torm's (TRMD) quarterly Tax Provisions came in at -$1.7 million in Q2 2025, down 254.55% year-on-year from $1.1 million in Q2 2024, and down 31481381.48% quarter-over-quarter from -$5.4 in Q1 2025.
Torm (TRMD) Tax Provisions (2015 - 2025) Analysis & Trends
Torm's Tax Provisions history runs 11 years deep, the most recent figure standing at -$1.7 million for Q2 2025.
- On a quarterly basis, Tax Provisions fell 254.55% year-over-year to -$1.7 million in Q2 2025; TTM through Jun 2025 was -$600003.4, a 154.55% decrease from a year earlier, with the FY2025 full-year figure at $9.2 million, up 560.0% from the prior year.
- Tax Provisions declined to -$1.7 million in Q2 2025 per TRMD's latest filing, from -$5.4 in the prior quarter.
- Across five years, Tax Provisions topped out at $1.5 million in Q1 2023 and bottomed at -$6.8 million in Q4 2022.
- The 5-year median for Tax Provisions is -$1.3 (2021), against an average of -$435294.6.
- Across the five-year window, Tax Provisions sank 523076823.08% in 2022 and surged 500000100.0% in 2023, its largest moves.
- Year by year, Tax Provisions stood at -$1.3 in 2021, then sank by 523076823.08% to -$6.8 million in 2022, then soared by 100.0% to -$4.0 in 2023, then jumped by 150.0% to $2.0 in 2024, then tumbled by 85000100.0% to -$1.7 million in 2025.
- Per Business Quant, the three latest TRMD Tax Provisions figures stand at -$1.7 million (Q2 2025), -$5.4 (Q1 2025), and $2.0 (Q4 2024).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | -126,000.00 |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -23,000.00 |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 272.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 428.04 Mn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 22.00 Mn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 102.54 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 135.00 Mn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 123.90 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 245.00 Mn |
| 10 | Torm | 2.96 Bn | 2.80 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2025 | -1.70 Mn |
| Mar 31, 2025 | -5.40 |
| Dec 31, 2024 | 2.00 |
| Jun 30, 2024 | 1.10 Mn |
| Mar 31, 2024 | -1.60 |
| Dec 31, 2023 | -4.00 |
| Sep 30, 2023 | 3.80 |
| Jun 30, 2023 | -1.00 Mn |
| Mar 31, 2023 | 1.50 Mn |
| Dec 31, 2022 | -6.80 Mn |
| Sep 30, 2022 | -200,000.00 |
| Jun 30, 2022 | -0.70 |
| Mar 31, 2022 | -0.30 |
| Dec 31, 2021 | -1.30 |
| Sep 30, 2021 | -1.10 |
| Jun 30, 2021 | -300,000.00 |
| Mar 31, 2021 | -0.20 |
| Dec 31, 2020 | -1.40 |
| Sep 30, 2020 | -400,000.00 |
| Jun 30, 2020 | -0.30 |