Income tax expense · 2015–2025
Torm income tax expense
$9.2M+$11.2M · FY2025
Torm (TRMD) reported $9.2M in income tax expense for fiscal 2025, +$11.2M from the year before.
| Fiscal year | Income tax expense | Change | Filing |
|---|---|---|---|
| FY20252025-12-31 | $9.2M | +$11.2M | Open → |
| FY20242024-12-31 | −$2.0M | −$6.0M | Open → |
| FY20232023-12-31 | $4.0M | +$9.9M | Open → |
| FY20222022-12-31 | −$5.9M | −$7.2M | Open → |
| FY20212021-12-31 | $1.3M | −5.0% | Open → |
| FY20202020-12-31 | $1.4M | +80.5% | Open → |
| FY20192019-12-31 | $784,000 | −49.7% | Open → |
| FY20182018-12-31 | $1.6M | +100.5% | Open → |
| FY20172017-12-31 | $777,000 | +2.2% | Open → |
| FY20162016-12-31 | $760,000 | −27.0% | Open → |
| FY20152015-12-31 | $1.0M | — | Open → |
Income tax expense — Income tax expense is the tax a company charged against profit in its income statement for the year. It is not the same as the cash it handed to tax authorities: deferred tax, provisions and timing differences separate the two, often by billions. The cash figure is a different line in the cash-flow statement.
Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2015–2025 compound annual growth +24.3%
Figures are reported under IFRS, in US dollars.
Income tax expense at companies of similar size
Cite this page
Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
{{cite web |title=Torm income tax expense |url=https://companiesranked.com/en/company/torm/income-tax-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}APA 7
CompaniesRanked. (September 25, 2026). Torm income tax expense. CompaniesRanked. https://companiesranked.com/en/company/torm/income-tax-expenseBibTeX
@misc{companiesranked-en-company-torm-income-tax-expense-2026,
author = {{CompaniesRanked}},
title = {{Torm income tax expense}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/torm/income-tax-expense}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}The filing itself
The numbers above are read from this document: 20-F · 0001628280-26-011954 · February 26, 2026
{{cite web |title=Torm income tax expense — 20-F (0001628280-26-011954) |url=https://www.sec.gov/Archives/edgar/data/1655891/000162828026011954/trmd-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-26}}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.