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 September 30, 2024 is 41.01%.
TORM Operating Margin Historical Data
Date TTM Revenue TTM Operating Income Operating Margin
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 $0.000B $1.520B
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
Viking Holdings (VIK) Bermuda $19.454B 0.00
Nippon Yusen Kabushiki Kaisha (NPNYY) Japan $14.948B 6.69
Orient Overseas (OROVY) Hong Kong, SAR China $9.509B 0.00
Keppel (KPELY) Singapore $9.030B 0.00
Kirby (KEX) United States $7.364B 24.63
Golar LNG (GLNG) Bermuda $3.644B 15.04
ZIM Integrated Shipping Services (ZIM) Israel $3.224B 42.51
Hafnia (HAFN) Singapore $2.833B 3.56
Scorpio Tankers (STNG) $2.814B 4.61
Golden Ocean Group (GOGL) Bermuda $2.386B 11.81
Cadeler (CDLR) Denmark $2.073B 0.00
International Seaways (INSW) United States $2.066B 4.64
DHT Holdings (DHT) Bermuda $1.715B 10.63
Costamare (CMRE) $1.706B 5.25
Star Bulk Carriers (SBLK) Greece $1.683B 6.48
Danaos (DAC) Greece $1.676B 3.15
Navios Maritime Partners LP (NMM) $1.563B 4.06
Teekay Tankers (TNK) Bermuda $1.480B 3.71
SFL (SFL) Bermuda $1.477B 8.81
Pacific Basin Shipping (PCFBY) Hong Kong, SAR China $1.351B 0.00
Navigator Holdings (NVGS) United Kingdom $1.181B 12.81
Dorian LPG (LPG) United States $1.102B 4.19
Capital Clean Energy Carriers (CCEC) Greece $1.025B 11.49
Global Ship Lease (GSL) Greece $0.870B 2.38
Okeanis Eco Tankers (ECO) Greece $0.791B 6.94
Genco Shipping & Trading (GNK) United States $0.735B 9.61
Nordic American Tankers (NAT) Bermuda $0.637B 10.52
Tsakos Energy Navigation (TEN) Greece $0.607B 4.37
Ardmore Shipping (ASC) Bermuda $0.517B 3.83
Safe Bulkers (SB) $0.468B 5.62
Euroseas (ESEA) Greece $0.298B 2.79
Himalaya Shipping (HSHP) Bermuda $0.286B 0.00
Pangaea Logistics Solutions (PANL) United States $0.284B 9.45
Diana Shipping Inc (DSX) Greece $0.272B 12.06
StealthGas (GASS) Greece $0.219B 3.32
KNOT Offshore Partners LP (KNOP) United Kingdom $0.212B 14.37
Seanergy Maritime Holdings Corp (SHIP) Greece $0.183B 3.77
SEACOR Marine Holdings (SMHI) United States $0.176B 0.00
Martin Midstream Partners (MMLP) United States $0.155B 39.80
Imperial Petroleum (IMPP) Greece $0.103B 2.64
Toro (TORO) $0.052B 4.15
Pyxis Tankers (PXS) Greece $0.043B 1.49
EuroDry (EDRY) Greece $0.042B 0.00
Castor Maritime (CTRM) $0.034B 1.23
Globus Maritime (GLBS) Greece $0.029B 5.30
Performance Shipping (PSHG) Greece $0.023B 1.25
United Maritime (USEA) Greece $0.019B 2.86
OceanPal (OP) Greece $0.011B 0.00
Odyssey Marine Exploration (OMEX) United States $0.009B 0.00
Icon Energy (ICON) Greece $0.003B 0.00
C3is (CISS) Greece $0.000B 0.04
Frontline (FRO) Bermuda $0.000B 9.95
Pingtan Marine Enterprise (PME) China $0.000B 0.00
BW LPG (BWLP) Singapore $0.000B 0.00
Cool (CLCO) Bermuda $0.000B 0.00
CMB.TECH Nv (CMBT) Belgium $0.000B 6.80
Flex LNG (FLNG) Bermuda $0.000B 10.61