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
A.P Moller-Maersk (AMKBY) Denmark $25.136B 7.09
Viking Holdings (VIK) Bermuda $18.850B 0.00
Nippon Yusen Kabushiki Kaisha (NPNYY) Japan $15.006B 6.71
Keppel (KPELY) Singapore $9.161B 0.00
Orient Overseas (OROVY) Hong Kong, SAR China $8.585B 0.00
Kirby (KEX) United States $6.106B 20.42
Golar LNG (GLNG) Bermuda $4.333B 18.04
Hafnia (HAFN) Singapore $2.585B 3.00
Scorpio Tankers (STNG) $2.387B 3.91
ZIM Integrated Shipping Services (ZIM) Israel $2.213B 1.54
Cadeler (CDLR) Denmark $1.908B 0.00
Golden Ocean Group (GOGL) Bermuda $1.724B 6.84
International Seaways (INSW) United States $1.597B 3.59
Danaos (DAC) Greece $1.487B 2.79
Costamare (CMRE) $1.461B 4.50
DHT Holdings (DHT) Bermuda $1.434B 8.89
SFL (SFL) Bermuda $1.347B 8.03
Navios Maritime Partners LP (NMM) $1.281B 3.33
Teekay Tankers (TNK) Bermuda $1.276B 3.20
Star Bulk Carriers (SBLK) Greece $1.237B 4.76
Pacific Basin Shipping (PCFBY) Hong Kong, SAR China $1.170B 0.00
Navigator Holdings (NVGS) United Kingdom $1.080B 11.71
Capital Clean Energy Carriers (CCEC) Greece $1.019B 11.43
Dorian LPG (LPG) United States $0.992B 3.77
Global Ship Lease (GSL) Greece $0.782B 2.14
Okeanis Eco Tankers (ECO) Greece $0.617B 5.41
Genco Shipping & Trading (GNK) United States $0.583B 7.62
Nordic American Tankers (NAT) Bermuda $0.516B 8.52
Tsakos Energy Navigation (TEN) Greece $0.479B 3.57
Ardmore Shipping (ASC) Bermuda $0.472B 3.50
Safe Bulkers (SB) $0.374B 4.49
Pangaea Logistics Solutions (PANL) United States $0.234B 7.80
Euroseas (ESEA) Greece $0.232B 2.19
Diana Shipping Inc (DSX) Greece $0.232B 16.82
Himalaya Shipping (HSHP) Bermuda $0.187B 0.00
KNOT Offshore Partners LP (KNOP) United Kingdom $0.183B 0.00
StealthGas (GASS) Greece $0.179B 2.69
SEACOR Marine Holdings (SMHI) United States $0.165B 0.00
Martin Midstream Partners (MMLP) United States $0.156B 40.00
Seanergy Maritime Holdings Corp (SHIP) Greece $0.142B 2.94
Imperial Petroleum (IMPP) Greece $0.082B 1.96
Toro (TORO) $0.052B 4.17
Pyxis Tankers (PXS) Greece $0.037B 1.25
EuroDry (EDRY) Greece $0.030B 0.00
Castor Maritime (CTRM) $0.028B 1.04
Globus Maritime (GLBS) Greece $0.023B 15.79
Performance Shipping (PSHG) Greece $0.021B 1.14
United Maritime (USEA) Greece $0.016B 0.00
OceanPal (OP) Greece $0.008B 0.00
Odyssey Marine Exploration (OMEX) United States $0.008B 0.00
Icon Energy (ICON) Greece $0.003B 0.00
C3is (CISS) Greece $0.000B 0.02
Frontline (FRO) Bermuda $0.000B 6.54
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 4.92
Flex LNG (FLNG) Bermuda $0.000B 8.49