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 June 30, 2024 is 40.68%.
TORM Operating Margin Historical Data
Date TTM Revenue TTM Operating Income Operating Margin
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 $17.802B 0.00
Nippon Yusen Kabushiki Kaisha (NPNYY) Japan $15.444B 11.36
Orient Overseas (OROVY) Hong Kong, SAR China $9.509B 0.00
Keppel (KPELY) Singapore $8.870B 0.00
Kirby (KEX) United States $6.777B 22.46
Golar LNG (GLNG) Bermuda $3.813B 15.72
ZIM Integrated Shipping Services (ZIM) Israel $2.985B 39.38
Scorpio Tankers (STNG) $2.905B 4.76
Hafnia (HAFN) Singapore $2.869B 3.61
Cadeler (CDLR) Denmark $2.398B 0.00
Golden Ocean Group (GOGL) Bermuda $2.258B 11.18
International Seaways (INSW) United States $2.155B 4.58
Costamare (CMRE) $1.661B 5.12
Star Bulk Carriers (SBLK) Greece $1.648B 7.21
DHT Holdings (DHT) Bermuda $1.618B 10.34
Navios Maritime Partners LP (NMM) $1.615B 4.20
Danaos (DAC) Greece $1.603B 2.93
Teekay Tankers (TNK) Bermuda $1.572B 3.94
SFL (SFL) Bermuda $1.484B 10.50
Pacific Basin Shipping (PCFBY) Hong Kong, SAR China $1.431B 0.00
Dorian LPG (LPG) United States $1.170B 4.45
Navigator Holdings (NVGS) United Kingdom $1.153B 12.81
Capital Clean Energy Carriers (CCEC) Greece $1.044B 8.69
Global Ship Lease (GSL) Greece $0.893B 2.47
Okeanis Eco Tankers (ECO) Greece $0.812B 6.78
Genco Shipping & Trading (GNK) United States $0.701B 12.70
Nordic American Tankers (NAT) Bermuda $0.641B 10.59
Tsakos Energy Navigation (TEN) Greece $0.635B 4.58
Ardmore Shipping (ASC) Bermuda $0.575B 4.33
Safe Bulkers (SB) $0.460B 6.16
Pangaea Logistics Solutions (PANL) United States $0.298B 8.83
Euroseas (ESEA) Greece $0.292B 2.73
Himalaya Shipping (HSHP) Bermuda $0.283B 0.00
Diana Shipping Inc (DSX) Greece $0.280B 12.44
StealthGas (GASS) Greece $0.210B 3.19
KNOT Offshore Partners LP (KNOP) United Kingdom $0.204B 13.84
Seanergy Maritime Holdings Corp (SHIP) Greece $0.203B 4.19
SEACOR Marine Holdings (SMHI) United States $0.186B 0.00
Martin Midstream Partners (MMLP) United States $0.155B 39.70
Imperial Petroleum (IMPP) Greece $0.107B 2.75
Toro (TORO) $0.063B 2.27
Pyxis Tankers (PXS) Greece $0.046B 1.58
EuroDry (EDRY) Greece $0.044B 0.00
Castor Maritime (CTRM) $0.038B 1.52
Globus Maritime (GLBS) Greece $0.031B 5.67
Performance Shipping (PSHG) Greece $0.024B 1.34
United Maritime (USEA) Greece $0.020B 2.99
OceanPal (OP) Greece $0.012B 0.00
Odyssey Marine Exploration (OMEX) United States $0.011B 0.00
Icon Energy (ICON) Greece $0.003B 0.00
C3is (CISS) Greece $0.000B 0.03
Frontline (FRO) Bermuda $0.000B 9.21
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 6.24
Flex LNG (FLNG) Bermuda $0.000B 8.79