TORM Gross Margin 2016-2023 | 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, 2023 is %.
| TORM Gross Margin Historical Data | |||
|---|---|---|---|
| Date | TTM Revenue | TTM Gross Profit | Gross Margin |
| 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 | Transportation - Shipping | $2.952B | $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 | $30.979B | 69.00 |
| Nippon Yusen Kabushiki Kaisha (NPNYY) | Japan | $13.553B | 9.33 |
| Viking Holdings (VIK) | $12.348B | 0.00 | |
| Orient Overseas (OROVY) | Hong Kong, SAR China | $10.929B | 0.00 |
| Keppel (KPELY) | Singapore | $8.803B | 0.00 |
| Kirby (KEX) | United States | $6.728B | 27.18 |
| Frontline (FRO) | Bermuda | $5.830B | 9.96 |
| Hafnia (HAFN) | $4.186B | 0.00 | |
| Scorpio Tankers (STNG) | $4.133B | 7.05 | |
| International Seaways (INSW) | United States | $3.032B | 6.02 |
| Golden Ocean Group (GOGL) | Bermuda | $2.990B | 27.24 |
| Golar LNG (GLNG) | Bermuda | $2.708B | 9.02 |
| Teekay Tankers (TNK) | Bermuda | $2.355B | 5.16 |
| Star Bulk Carriers (SBLK) | Greece | $2.157B | 13.51 |
| ZIM Integrated Shipping Services (ZIM) | Israel | $2.116B | 0.00 |
| SFL (SFL) | Bermuda | $1.980B | 21.99 |
| DHT Holdings (DHT) | Bermuda | $1.952B | 12.22 |
| Pacific Basin Shipping (PCFBY) | Hong Kong, SAR China | $1.934B | 0.00 |
| Dorian LPG (LPG) | United States | $1.752B | 5.67 |
| Cadeler (CDLR) | Denmark | $1.688B | 0.00 |
| Danaos (DAC) | Greece | $1.608B | 2.90 |
| Costamare (CMRE) | $1.573B | 5.74 | |
| Navios Maritime Partners LP (NMM) | $1.418B | 3.77 | |
| Navigator Holdings (NVGS) | United Kingdom | $1.194B | 14.32 |
| Genco Shipping & Trading (GNK) | United States | $0.976B | 20.76 |
| Nordic American Tankers (NAT) | Bermuda | $0.864B | 8.81 |
| Global Ship Lease (GSL) | Greece | $0.851B | 2.68 |
| Tsakos Energy Navigation (TNP) | Greece | $0.848B | 4.12 |
| Ardmore Shipping (ASC) | Bermuda | $0.828B | 7.80 |
| Teekay (TK) | Bermuda | $0.799B | 5.90 |
| Safe Bulkers (SB) | $0.581B | 8.37 | |
| Cool (CLCO) | Bermuda | $0.471B | 0.00 |
| Overseas Shipholding (OSG) | United States | $0.471B | 8.20 |
| SEACOR Marine Holdings (SMHI) | United States | $0.367B | 0.00 |
| Pangaea Logistics Solutions (PANL) | United States | $0.354B | 10.49 |
| Diana Shipping Inc (DSX) | Greece | $0.348B | 7.00 |
| Himalaya Shipping (HSHP) | Bermuda | $0.341B | 0.00 |
| Capital Product Partners (CPLP) | Greece | $0.335B | 7.64 |
| Euroseas (ESEA) | Greece | $0.264B | 2.52 |
| StealthGas (GASS) | Greece | $0.236B | 4.90 |
| Seanergy Maritime Holdings Corp (SHIP) | Greece | $0.207B | 35.17 |
| KNOT Offshore Partners LP (KNOP) | United Kingdom | $0.182B | 12.18 |
| Martin Midstream Partners (MMLP) | United States | $0.117B | 33.22 |
| Imperial Petroleum (IMPP) | Greece | $0.110B | 0.98 |
| Toro (TORO) | $0.087B | 2.70 | |
| Odyssey Marine Exploration (OMEX) | United States | $0.082B | 0.00 |
| EuroDry (EDRY) | Greece | $0.062B | 180.92 |
| Pyxis Tankers (PXS) | Greece | $0.052B | 1.66 |
| Globus Maritime (GLBS) | Greece | $0.042B | 7.88 |
| Castor Maritime (CTRM) | $0.035B | 2.77 | |
| Performance Shipping (PSHG) | Greece | $0.027B | 1.14 |
| United Maritime (USEA) | Greece | $0.023B | 0.00 |
| OceanPal (OP) | Greece | $0.019B | 0.00 |
| C3is (CISS) | Greece | $0.000B | 0.00 |
| Okeanis Eco Tankers (ECO) | Greece | $0.000B | 0.00 |
| Pingtan Marine Enterprise (PME) | China | $0.000B | 0.00 |
| BW LPG (BWLP) | $0.000B | 0.00 | |
| Euronav (EURN) | Belgium | $0.000B | 7.89 |
| Flex LNG (FLNG) | Bermuda | $0.000B | 11.23 |
| Grindrod Shipping Holdings (GRIN) | Singapore | $0.000B | 0.00 |