Torm (TRMD) Tax Rate (2016 - 2025)

Torm (TRMD) posted Tax Rate of 2.81% for Q2 2025, up 64.4% on a QoQ basis from 7.91% in Q1 2025, and down 338.0% year-on-year from 1.18% in Q2 2024.

Torm (TRMD) Tax Rate (2016 - 2025) Analysis & Trends

Torm has disclosed Tax Rate across 10 years of filings, most recently posting 2.81% for Q2 2025.

Tax Rate for Q2 2025 came in at 2.81%, down 338.0% year-over-year; the trailing twelve-month figure through Jun 2025 was 0.24% (down 81.0% YoY), and the FY2025 annual result was 3.12%, up 344.0% from the prior year.
Tax Rate came in at 2.81% for Q2 2025 at Torm, up from 7.91% in the prior quarter.
Over the last five years, Tax Rate for TRMD reached as high as 967117.99% in Q1 2023 and fell as low as 12.5% in Q2 2021.
Median Tax Rate over the past 5 years was 0.0% (2022), compared with a mean of 56888.16%.
Year-over-year, Tax Rate surged 96712079 bps in 2023 and slumped 96711875 bps in 2024.
Over 5 years, Tax Rate stood at 2.5% in 2021, then increased by 23 bps to 3.07% in 2022, then tumbled by 120 bps to 0.61% in 2023, then soared by 153 bps to 0.33% in 2024, then plunged by 958 bps to 2.81% in 2025.
Per Business Quant, the three latest TRMD Tax Rate figures stand at 2.81% (Q2 2025), 7.91% (Q1 2025), and 0.33% (Q4 2024).

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Tax Rate (Qtr)
1	Enbridge	1,308.38 Bn	1,309.08 Bn	6.70 Bn	24.82%
2	Kinder Morgan	112.34 Bn	113.42 Bn	3.08 Bn	22.28%
3	Enterprise Products Partners	79.55 Bn	78.40 Bn	-	1.45%
4	Energy Transfer	65.78 Bn	65.07 Bn	6.62 Bn	6.40%
5	Targa Resources	57.60 Bn	57.63 Bn	1.70 Bn	20.27%
6	Mplx	57.17 Bn	55.67 Bn	2.54 Bn	0.11%
7	Oneok	54.83 Bn	54.70 Bn	2.57 Bn	24.00%
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	15.08%
10	Torm	2.56 Bn	2.40 Bn	-	-

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