Torm (TRMD) Tax Provisions (2015 - 2025)
Torm (TRMD) posted quarterly Tax Provisions of -$1.7 million for Q2 2025, down 254.55% year-over-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.
- In Q2 2025, Tax Provisions fell 254.55% year-over-year to -$1.7 million; the TTM figure through Jun 2025 stood at -$600003.4 (down 154.55% YoY), while the FY2025 annual figure was $9.2 million, up 560.0% from the prior year.
- Tax Provisions for Q2 2025 stood at -$1.7 million, down from -$5.4 in the prior quarter.
- The five-year high for Tax Provisions was $6.8 million in Q4 2022, with the low at -$1.7 million in Q2 2025.
- The 5-year median for Tax Provisions is -$0.7 (2022), against an average of $482352.4.
- The sharpest annual moves came in 2021 and 2022: Tax Provisions slumped 99999900.0% in 2021, then surged 523077023.08% in 2022.
- Torm's Tax Provisions stood at -$1.3 in 2021, then soared by 523077023.08% to $6.8 million in 2022, then tumbled by 100.0% to -$4.0 in 2023, then soared by 150.0% to $2.0 in 2024, then plunged by 85000100.0% to -$1.7 million in 2025.
- Business Quant data shows TRMD's Tax Provisions at -$1.7 million in Q2 2025, -$5.4 in Q1 2025, and $2.0 in Q4 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 272.00 Mn |
| 2 | Enbridge | 110.90 Bn | 109.41 Bn | 5.23 Bn | 319.53 Mn |
| 3 | Enterprise Products Partners | 83.55 Bn | 82.64 Bn | - | 12.00 Mn |
| 4 | Energy Transfer | 72.76 Bn | 71.73 Bn | 7.40 Bn | 194.00 Mn |
| 5 | Tc Energy | 65.92 Bn | 58.36 Bn | 1.24 Bn | 61.45 Mn |
| 6 | Oneok | 60.17 Bn | 60.01 Bn | 2.81 Bn | 299.00 Mn |
| 7 | Mplx | 60.12 Bn | 59.09 Bn | 2.73 Bn | 2.00 Mn |
| 8 | Targa Resources | 59.64 Bn | 59.50 Bn | 2.14 Bn | 227.20 Mn |
| 9 | Cheniere Energy | 56.21 Bn | 54.95 Bn | 5.29 Bn | 366.00 Mn |
| 10 | Torm | 3.00 Bn | 3.00 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 |