TORM Operating Margin 2016-2023 | TRMD

Current and historical operating margin for TORM (TRMD) over the last 10 years. The current operating profit margin for TORM as of December 31, 2023 is 39.29%.
TORM Operating Margin Historical Data
Date TTM Revenue TTM Operating Income Operating Margin
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 $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