Torm (TRMD) Tax Provisions (2015 - 2025)
Torm (TRMD) posted Tax Provisions of -$1.7 million for Q2 2025, down 31481381.48% on a QoQ basis from -$5.4 in Q1 2025, and down 254.55% year-on-year from $1.1 million in Q2 2024.
Torm (TRMD) Tax Provisions (2015 - 2025) Analysis & Trends
Torm has disclosed Tax Provisions across 11 years of filings, most recently posting -$1.7 million for Q2 2025.
- Tax Provisions for Q2 2025 came in at -$1.7 million, down 254.55% year-over-year; the trailing twelve-month figure through Jun 2025 was -$600003.4 (down 154.55% YoY), and the FY2025 annual result was $9.2 million, up 560.0% from the prior year.
- Tax Provisions came in at -$1.7 million for Q2 2025 at Torm, down from -$5.4 in the prior quarter.
- Over the last five years, Tax Provisions for TRMD reached as high as $6.8 million in Q4 2022 and fell as low as -$1.7 million in Q2 2025.
- Median Tax Provisions over the past 5 years was -$0.3 (2022), compared with a mean of $376469.8.
- Year-over-year, Tax Provisions jumped 3400000100.0% in 2022 and sank 142857242.86% in 2023.
- Over 5 years, Tax Provisions stood at -$0.2 in 2021, then jumped by 3400000100.0% to $6.8 million in 2022, then slumped 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 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 428.04 Mn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 287.00 Mn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 22.00 Mn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 135.00 Mn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 123.90 Mn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 1.00 Mn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 245.00 Mn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | - |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 111.00 Mn |
| 10 | Torm | 2.56 Bn | 2.40 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 | -3.40 |
| Jun 30, 2023 | 1.00 Mn |
| Mar 31, 2023 | -1.50 |
| 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 | -0.20 |
| Sep 30, 2021 | -1.10 |
| Jun 30, 2021 | -300,000.00 |
| Mar 31, 2021 | -0.20 |
| Dec 31, 2020 | -0.30 |
| Sep 30, 2020 | -400,000.00 |
| Jun 30, 2020 | -0.30 |