TORM Operating Margin 2016-2025 | TRMD

Current and historical operating margin for TORM (TRMD) over the last 10 years. The current operating profit margin for TORM as of March 31, 2025 is 32.20%.
TORM Operating Margin Historical Data
Date TTM Revenue TTM Operating Income Operating Margin
2025-03-31 $1.44B $0.48B 32.89%
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 $1.769B $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 $33.747B 4.74
COSCO SHIPPING Holdings (CICOY) China $30.485B 0.00
Nippon Yusen Kabushiki Kaisha (NPNYY) Japan $15.953B 5.44
Orient Overseas (OROVY) Hong Kong, SAR China $12.156B 0.00
Keppel (KPELY) Singapore $12.087B 0.00
Kirby (KEX) United States $6.507B 20.71
Frontline (FRO) Bermuda $4.196B 14.07
Hafnia (HAFN) Singapore $2.808B 4.58
Scorpio Tankers (STNG) $2.277B 6.37
Star Bulk Carriers (SBLK) Greece $2.239B 10.87
International Seaways (INSW) United States $2.010B 7.22
ZIM Integrated Shipping Services (ZIM) Israel $1.985B 0.84
Cadeler (CDLR) Denmark $1.950B 27.11
BW LPG (BWLP) Singapore $1.834B 7.37
CMB.TECH Nv (CMBT) Belgium $1.815B 9.33
DHT Holdings (DHT) Bermuda $1.786B 10.11
Danaos (DAC) Greece $1.751B 3.57
Golden Ocean Group (GOGL) Bermuda $1.719B 16.58
Teekay Tankers (TNK) Bermuda $1.539B 5.89
Pacific Basin Shipping (PCFBY) Hong Kong, SAR China $1.458B 0.00
Capital Clean Energy Carriers (CCEC) Greece $1.404B 15.13
SFL (SFL) Bermuda $1.373B 13.46
Navios Maritime Partners LP (NMM) $1.272B 4.12
Dorian LPG (LPG) United States $1.259B 12.90
Flex LNG (FLNG) Bermuda $1.241B 10.47
Costamare (CMRE) $1.174B 3.56
Navigator Holdings (NVGS) United Kingdom $1.139B 11.98
Global Ship Lease (GSL) Greece $1.034B 2.88
Okeanis Eco Tankers (ECO) Greece $0.787B 9.98
Genco Shipping & Trading (GNK) United States $0.695B 18.39
Tsakos Energy Navigation (TEN) Greece $0.596B 6.05
Nordic American Tankers (NAT) Bermuda $0.587B 16.29
Safe Bulkers (SB) $0.449B 8.04
Ardmore Shipping (ASC) Bermuda $0.418B 4.98
Euroseas (ESEA) Greece $0.364B 3.26
Cool (CLCO) United Kingdom $0.361B 0.00
Pangaea Logistics Solutions (PANL) United States $0.333B 10.81
StealthGas (GASS) Greece $0.247B 3.69
KNOT Offshore Partners LP (KNOP) United Kingdom $0.243B 10.73
Diana Shipping Inc (DSX) Greece $0.192B 55.33
SEACOR Marine Holdings (SMHI) United States $0.154B 0.00
Seanergy Maritime Holdings Corp (SHIP) Greece $0.147B 5.76
Intercont (Cayman) (NCT) Hong Kong, SAR China $0.110B 0.00
Martin Midstream Partners (MMLP) United States $0.109B 0.00
Imperial Petroleum (IMPP) Greece $0.092B 2.29
Heidmar Maritime Holdings (HMR) Greece $0.090B 0.00
Uni-Fuels Holdings (UFG) $0.074B 0.00
Toro (TORO) $0.058B 0.00
Odyssey Marine Exploration (OMEX) United States $0.050B 0.00
Pyxis Tankers (PXS) Greece $0.032B 3.63
EuroDry (EDRY) Greece $0.031B 0.00
Performance Shipping (PSHG) Greece $0.024B 1.19
Castor Maritime (CTRM) $0.023B 4.12
Globus Maritime (GLBS) Greece $0.023B 0.00
Euroholdings (EHLD) $0.022B 0.00
Robin Energy (RBNE) $0.019B 0.00
TIANCI INTERNATIONAL, INC (CIIT) United States $0.016B 0.00
United Maritime (USEA) Greece $0.015B 0.00
IOThree (IOTR) Singapore $0.012B 0.00
Icon Energy (ICON) Greece $0.006B 0.00
C3is (CISS) Greece $0.002B 3.41
OceanPal (OP) Greece $0.002B 0.00
Pingtan Marine Enterprise (PME) China $0.000B 0.00
Himalaya Shipping (HSHP) Bermuda $0.000B 26.04