TORM Operating Margin 2016-2024 | TRMD
Current and historical operating margin for TORM (TRMD) over the last 10 years. The current operating profit margin for TORM as of December 31, 2024 is 32.20%.
| TORM Operating Margin Historical Data | |||
|---|---|---|---|
| Date | TTM Revenue | TTM Operating Income | Operating Margin |
| 2024-12-31 | $1.56B | $0.61B | 39.00% |
| 2024-09-30 | $1.64B | $0.69B | 41.78% |
| 2024-06-30 | $1.63B | $0.69B | 42.26% |
| 2024-03-31 | $1.57B | $0.69B | 43.84% |
| 2023-12-31 | $1.52B | $0.65B | 42.63% |
| 2023-09-30 | $1.58B | $0.72B | 45.85% |
| 2023-06-30 | $1.67B | $0.81B | 48.53% |
| 2023-03-31 | $1.62B | $0.73B | 45.07% |
| 2022-12-31 | $1.44B | $0.59B | 41.09% |
| 2022-09-30 | $1.19B | $0.36B | 30.13% |
| 2022-06-30 | $0.89B | $0.13B | 15.01% |
| 2022-03-31 | $0.71B | $0.04B | 6.10% |
| 2021-12-31 | $0.62B | $0.01B | 0.97% |
| 2021-09-30 | $0.55B | $-0.01B | -2.01% |
| 2021-06-30 | $0.55B | $0.01B | 1.09% |
| 2021-03-31 | $0.63B | $0.07B | 10.65% |
| 2020-12-31 | $0.75B | $0.15B | 19.92% |
| 2020-09-30 | $0.83B | $0.21B | 25.33% |
| 2020-06-30 | $0.81B | $0.20B | 24.66% |
| 2020-03-31 | $0.75B | $0.13B | 16.82% |
| 2019-12-31 | $0.69B | $0.09B | 13.15% |
| 2019-09-30 | $0.67B | $0.06B | 9.43% |
| 2019-06-30 | $0.66B | $0.05B | 6.81% |
| 2019-03-31 | $0.66B | $0.03B | 4.71% |
| 2018-12-31 | $0.64B | $0.00B | 0.63% |
| 2018-09-30 | $0.64B | $0.01B | 1.10% |
| 2018-06-30 | $0.65B | $0.03B | 4.44% |
| 2018-03-31 | $0.65B | $0.03B | 5.26% |
| 2017-12-31 | $0.66B | $0.04B | 6.24% |
| 2017-06-30 | $0.51B | $0.05B | 8.88% |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Transportation | Transportation - Shipping | $1.697B | $1.559B |
| TORM is a carrier of refined oil products. The Company operates a fleet of approximately 80 modern vessels. | |||
| Stock Name | Country | Market Cap | PE Ratio |
|---|---|---|---|
| A.P Moller-Maersk (AMKBY) | Denmark | $30.265B | 4.25 |
| COSCO SHIPPING Holdings (CICOY) | China | $28.570B | 0.00 |
| Nippon Yusen Kabushiki Kaisha (NPNYY) | Japan | $16.757B | 5.39 |
| Orient Overseas (OROVY) | Hong Kong, SAR China | $11.636B | 0.00 |
| Keppel (KPELY) | Singapore | $9.333B | 0.00 |
| Kirby (KEX) | United States | $6.185B | 19.69 |
| Frontline (FRO) | Bermuda | $4.078B | 10.29 |
| Hafnia (HAFN) | Singapore | $2.727B | 4.45 |
| ZIM Integrated Shipping Services (ZIM) | Israel | $2.207B | 1.03 |
| Scorpio Tankers (STNG) | $2.146B | 6.00 | |
| International Seaways (INSW) | United States | $1.936B | 6.96 |
| Star Bulk Carriers (SBLK) | Greece | $1.929B | 9.37 |
| DHT Holdings (DHT) | Bermuda | $1.890B | 10.70 |
| CMB.TECH Nv (CMBT) | Belgium | $1.850B | 7.86 |
| Cadeler (CDLR) | Denmark | $1.732B | 24.07 |
| Danaos (DAC) | Greece | $1.644B | 3.35 |
| Golden Ocean Group (GOGL) | Bermuda | $1.612B | 8.06 |
| Teekay Tankers (TNK) | Bermuda | $1.606B | 6.15 |
| Capital Clean Energy Carriers (CCEC) | Greece | $1.334B | 14.37 |
| Flex LNG (FLNG) | Bermuda | $1.334B | 10.49 |
| SFL (SFL) | Bermuda | $1.279B | 12.54 |
| Pacific Basin Shipping (PCFBY) | Hong Kong, SAR China | $1.245B | 0.00 |
| Navios Maritime Partners LP (NMM) | $1.217B | 3.94 | |
| Costamare (CMRE) | $1.056B | 3.20 | |
| Dorian LPG (LPG) | United States | $1.011B | 5.98 |
| Navigator Holdings (NVGS) | United Kingdom | $0.975B | 10.26 |
| Global Ship Lease (GSL) | Greece | $0.890B | 2.51 |
| Okeanis Eco Tankers (ECO) | Greece | $0.808B | 10.24 |
| Genco Shipping & Trading (GNK) | United States | $0.610B | 16.14 |
| Nordic American Tankers (NAT) | Bermuda | $0.584B | 12.55 |
| Tsakos Energy Navigation (TEN) | Greece | $0.556B | 5.43 |
| Ardmore Shipping (ASC) | Bermuda | $0.409B | 4.86 |
| Safe Bulkers (SB) | $0.395B | 5.51 | |
| Cool (CLCO) | United Kingdom | $0.342B | 0.00 |
| Pangaea Logistics Solutions (PANL) | United States | $0.287B | 9.32 |
| KNOT Offshore Partners LP (KNOP) | United Kingdom | $0.224B | 9.89 |
| StealthGas (GASS) | Greece | $0.204B | 2.90 |
| Diana Shipping Inc (DSX) | Greece | $0.176B | 21.71 |
| Heidmar Maritime Holdings (HMR) | Greece | $0.146B | 0.00 |
| SEACOR Marine Holdings (SMHI) | United States | $0.136B | 0.00 |
| Seanergy Maritime Holdings Corp (SHIP) | Greece | $0.125B | 2.91 |
| Intercont (Cayman) (NCT) | Hong Kong, SAR China | $0.111B | 0.00 |
| Martin Midstream Partners (MMLP) | United States | $0.098B | 0.00 |
| Imperial Petroleum (IMPP) | Greece | $0.075B | 1.62 |
| Toro (TORO) | $0.035B | 3.77 | |
| Pyxis Tankers (PXS) | Greece | $0.032B | 2.87 |
| TIANCI INTERNATIONAL, INC (CIIT) | Hong Kong, SAR China | $0.031B | 0.00 |
| Odyssey Marine Exploration (OMEX) | United States | $0.030B | 0.00 |
| EuroDry (EDRY) | Greece | $0.026B | 0.00 |
| Castor Maritime (CTRM) | $0.023B | 4.07 | |
| Globus Maritime (GLBS) | Greece | $0.022B | 0.00 |
| Performance Shipping (PSHG) | Greece | $0.018B | 1.26 |
| United Maritime (USEA) | Greece | $0.012B | 0.00 |
| IOThree (IOTR) | Singapore | $0.011B | 0.00 |
| OceanPal (OP) | Greece | $0.006B | 0.00 |
| Icon Energy (ICON) | Greece | $0.004B | 0.00 |
| C3is (CISS) | Greece | $0.003B | 3.54 |
| Robin Energy (RBNE) | $0.000B | 0.00 | |
| Pingtan Marine Enterprise (PME) | China | $0.000B | 0.00 |
| Euroseas (ESEA) | Greece | $0.000B | 2.61 |
| Euroholdings (EHLD) | $0.000B | 0.00 | |
| BW LPG (BWLP) | Singapore | $0.000B | 0.00 |
| Himalaya Shipping (HSHP) | Bermuda | $0.000B | 12.02 |