Torm (TRMD) Times Interest Earned (2016 - 2026)
Torm (TRMD) posted Times Interest Earned of 6.4 for Q2 2026, up 14.42% on a QoQ basis from 7.48 in Q1 2026, and down 358.85% year-over-year from 2.47 in Q2 2025.
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Torm (TRMD) Times Interest Earned (2016 - 2026) Analysis & Trends
Torm has reported Times Interest Earned for 11 years, with the latest figure at 6.4 in Q2 2026.
- On a quarterly basis, Times Interest Earned fell 358.85% year-over-year to 6.4 in Q2 2026; TTM through Jun 2026 was 3.23, a 11.44% decrease from a year earlier, with the FY2025 full-year figure at 4.79, up 46.13% from the prior year.
- Times Interest Earned was 6.4 for Q2 2026 at Torm, up from 7.48 in the prior quarter.
- The five-year high for Times Interest Earned was 1.39 in Q2 2025, with the low at 18.29 in Q3 2022.
- Average Times Interest Earned over 5 years is 8.25, with a median of 7.98 recorded in 2023.
- The sharpest annual moves came in 2022 and 2025: Times Interest Earned tumbled 12975.26% in 2022, then soared 62.01% in 2025.
- Over 5 years, Times Interest Earned stood at 13.25 in 2022, then advanced by 29.7% to 9.31 in 2023, then soared by 60.9% to 3.64 in 2024, then jumped by 61.71% to 1.39 in 2025, then tumbled by 358.85% to 6.4 in 2026.
- The last three Times Interest Earned figures came in at 6.4 (Q2 2026), 7.48 (Q1 2026), and 1.39 (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | -19.06 |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 11.15 |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 99.31 |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 28.53 |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | -27.49 |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | -5.52 |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | -11.03 |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 12.46 |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | -6.40 |
| 10 | ZIM Integrated Shipping Services | 3.44 Bn | 2.41 Bn | 255.00 Mn | -1.34 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -6.40 |
| Mar 31, 2026 | -7.48 |
| Jun 30, 2025 | -1.39 |
| Mar 31, 2025 | -4.62 |
| Jun 30, 2024 | -3.64 |
| Mar 31, 2024 | -12.17 |
| Dec 31, 2023 | -9.31 |
| Sep 30, 2023 | -8.48 |
| Jun 30, 2023 | -5.55 |
| Mar 31, 2023 | -13.08 |
| Dec 31, 2022 | -13.25 |
| Sep 30, 2022 | -18.29 |
| Jun 30, 2022 | -9.89 |
| Mar 31, 2022 | -1.90 |
| Dec 31, 2021 | -0.10 |
| Sep 30, 2021 | 0.35 |
| Jun 30, 2021 | 1.24 |
| Mar 31, 2021 | 1.21 |
| Dec 31, 2020 | 0.57 |
| Sep 30, 2020 | -1.08 |