TORM Gross Margin 2016-2024 | TRMD

Current and historical gross margin for TORM (TRMD) over the last 10 years. The current gross profit margin for TORM as of December 31, 2024 is %.
TORM Gross Margin Historical Data
Date TTM Revenue TTM Gross Profit Gross Margin
2024-12-31 $1.56B $1.31B 84.28%
2024-09-30 $1.64B $1.41B 85.57%
2024-06-30 $1.63B $1.40B 86.00%
2024-03-31 $1.57B $1.36B 86.09%
2023-12-31 $1.52B $1.31B 85.86%
2023-09-30 $1.58B $1.37B 86.70%
2023-06-30 $1.67B $1.46B 87.60%
2023-03-31 $1.62B $1.42B 87.38%
2022-12-31 $1.44B $1.24B 86.00%
2022-09-30 $1.19B $0.98B 82.78%
2022-06-30 $0.89B $0.69B 77.38%
2022-03-31 $0.71B $0.51B 72.20%
2021-12-31 $0.62B $0.43B 69.19%
2021-09-30 $0.55B $0.36B 66.36%
2021-06-30 $0.55B $0.37B 67.03%
2021-03-31 $0.63B $0.45B 71.54%
2020-12-31 $0.75B $0.57B 76.20%
2020-09-30 $0.83B $0.65B 78.42%
2020-06-30 $0.81B $0.64B 78.67%
2020-03-31 $0.75B $0.58B 76.90%
2019-12-31 $0.69B $0.52B 75.14%
2019-09-30 $0.67B $0.50B 74.40%
2019-06-30 $0.66B $0.49B 73.83%
2019-03-31 $0.66B $0.48B 73.10%
2018-12-31 $0.64B $0.45B 71.50%
2018-09-30 $0.64B $0.45B 71.27%
2018-06-30 $0.65B $0.47B 71.52%
2018-03-31 $0.65B $0.46B 71.25%
2017-12-31 $0.66B $0.47B 71.23%
2017-06-30 $0.51B $0.36B 71.20%
Sector Industry Market Cap Revenue
Transportation TRANS-SHIP $1.544B $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) DK $27.605B 4.47
COSCO SHIPPING Holdings (CICOY) CN $23.992B 0.00
Nippon Yusen Kabushiki Kaisha (NPNYY) JP $14.936B 5.06
Orient Overseas (OROVY) HK $9.232B 0.00
Keppel (KPELY) SG $9.039B 0.00
Kirby (KEX) US $5.666B 17.78
Frontline (FRO) BM $3.731B 9.42
Hafnia (HAFN) SG $2.362B 3.09
Scorpio Tankers (STNG) $1.956B 5.47
Cadeler (CDLR) DK $1.835B 25.50
CMB.TECH Nv (CMBT) BE $1.834B 7.79
ZIM Integrated Shipping Services (ZIM) IL $1.809B 0.84
Star Bulk Carriers (SBLK) GR $1.741B 5.48
DHT Holdings (DHT) BM $1.728B 9.56
International Seaways (INSW) US $1.676B 4.38
Golden Ocean Group (GOGL) BM $1.532B 7.66
Danaos (DAC) GR $1.526B 2.98
Teekay Tankers (TNK) BM $1.484B 4.21
Flex LNG (FLNG) BM $1.275B 10.02
SFL (SFL) BM $1.189B 7.85
Pacific Basin Shipping (PCFBY) HK $1.153B 0.00
Costamare (CMRE) $1.126B 3.39
Capital Clean Energy Carriers (CCEC) GR $1.077B 13.56
Navios Maritime Partners LP (NMM) $1.024B 3.09
Dorian LPG (LPG) US $0.917B 5.42
Navigator Holdings (NVGS) GB $0.883B 9.64
Okeanis Eco Tankers (ECO) GR $0.764B 7.15
Global Ship Lease (GSL) GR $0.764B 2.16
Genco Shipping & Trading (GNK) US $0.574B 8.10
Nordic American Tankers (NAT) BM $0.540B 11.59
Tsakos Energy Navigation (TEN) GR $0.505B 4.93
Ardmore Shipping (ASC) BM $0.392B 3.40
Safe Bulkers (SB) $0.355B 4.96
Cool (CLCO) GB $0.322B 0.00
Pangaea Logistics Solutions (PANL) US $0.270B 6.42
Euroseas (ESEA) GR $0.225B 2.17
KNOT Offshore Partners LP (KNOP) GB $0.224B 9.91
StealthGas (GASS) GR $0.204B 2.91
Diana Shipping Inc (DSX) GR $0.170B 21.00
Heidmar Maritime Holdings (HMR) GR $0.151B 0.00
SEACOR Marine Holdings (SMHI) US $0.124B 0.00
Seanergy Maritime Holdings Corp (SHIP) GR $0.114B 2.65
Martin Midstream Partners (MMLP) US $0.112B 0.00
Intercont (Cayman) (NCT) HK $0.107B 0.00
Imperial Petroleum (IMPP) GR $0.075B 1.61
Odyssey Marine Exploration (OMEX) US $0.038B 0.00
Toro (TORO) $0.037B 3.92
TIANCI INTERNATIONAL, INC (CIIT) HK $0.035B 0.00
Pyxis Tankers (PXS) GR $0.032B 2.83
EuroDry (EDRY) GR $0.025B 0.00
Globus Maritime (GLBS) GR $0.022B 0.00
Castor Maritime (CTRM) $0.021B 0.76
Performance Shipping (PSHG) GR $0.017B 1.21
United Maritime (USEA) GR $0.010B 0.00
IOThree (IOTR) SG $0.010B 0.00
OceanPal (OP) GR $0.005B 0.00
Icon Energy (ICON) GR $0.004B 0.00
C3is (CISS) GR $0.003B 0.21
Robin Energy (RBNE) $0.000B 0.00
Pingtan Marine Enterprise (PME) CN $0.000B 0.00
Himalaya Shipping (HSHP) BM $0.000B 11.08
BW LPG (BWLP) SG $0.000B 0.00
Euroholdings (EHLD) $0.000B 0.00