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TORM (TRMD) Gross Margin

Annual Gross Margin

60.85%
-1.03%-1.66%

December 1, 2024

Summary

Performance

1-Year Change

-1.66%

3-Year Change

+52.16%

5-Year Change

+33.91%

15-Year Change

+45.82%

TRMD Gross Margin Chart

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Highlights

Sector Rank

87.77%
TRMD annual gross profit margin is higher than 87.77% of companies in Energy sector

High & Low

All-time High

61.88%
TRMD annual gross profit margin is currently -1.66% below its historical high of 61.88%

3-Year Low

39.99%
TRMD annual gross profit margin is currently +52.16% above its 3-year low

Earnings dates

Last Annual Earnings Report Date

Dec 1, 2024
TRMD previous annual earnings announcement was published on Dec 1, 2024

Next Annual Earnings Report Date

N/A
TRMD next annual earnings announcement has not yet been scheduled

OtherTRMDprofitabilitymetrics:

Annual Revenue

$1.56 B
TRMD annual revenue is $1.56 billion

Annual Gross Profit

$948.70 M
TRMD annual gross profit is $948.70 million

Annual Operating Margin

38.96%
TRMD annual operating profit margin is 38.96%

Annual Net Margin

39.28%
TRMD annual net profit margin is 39.28%

Quarterly Gross Margin

53.31%
-4.93%-8.46%

December 1, 2024

Summary

Performance

3-Month Change

0%

1-Year Change

0%

3-Year Change

+26.57%

5-Year Change

+26.57%

TRMD Quarterly Gross Margin Chart

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Highlights

Sector Rank

82.43%
TRMD quarterly gross profit margin is higher than 82.43% of companies in Energy sector

High & Low

All-time High

71.09%
TRMD quarterly gross profit margin is currently -25.01% below its historical high of 71.09%

3-Year Low

38.09%
TRMD quarterly gross profit margin is currently +39.96% above its 3-year low

Earnings dates

Last Quarterly Earnings Report Date

Dec 1, 2024
TRMD previous earnings announcement was published on Dec 1, 2024

Next Quarterly Earnings Report Date

May 8, 2025
TRMD next earnings announcement is scheduled for May 8, 2025

OtherTRMDprofitabilitymetrics:

Quarterly Revenue

$305.40 M
TRMD quarterly revenue is $305.40 million

Quarterly Gross Profit

$162.80 M
TRMD quarterly gross profit is $162.80 million

Quarterly Operating Margin

25.18%
TRMD quarterly operating profit margin is 25.18%

Quarterly Net Margin

25.44%
TRMD quarterly net profit margin is 25.44%

Gross Margin Formula

Gross Margin =  Gross Profit
Revenue ✕ 100%

Annual Gross Margin

60.85%
TRMD annual gross profit margin is 60.85%

Annual Gross Profit

$948.70 M
TRMD annual gross profit is $948.70 million

Annual Revenue

$1.56 B
TRMD annual revenue is $1.56 billion

TRMD Gross Margin Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterly
1 y1 year-1.7%0.0%
3 y3 years+52.2%+26.6%
5 y5 years+33.9%+26.6%

TRMD Gross Margin Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs low
3 y3-year-1.7%+52.2%-25.0%+40.0%
5 y5-year-1.7%+52.2%-25.0%+44.2%
alltimeall time-1.7%+796.2%-25.0%+343.0%

TORM Gross Margin History

DateAnnualQuarterly
Dec 2024
60.85%(-1.7%)
53.31%(-8.5%)
Sep 2024
-
58.24%(-9.1%)
Jun 2024
-
64.09%(-1.4%)
Mar 2024
-
65.01%(+10.5%)
Dec 2023
61.88%(+5.7%)
58.82%(+2.0%)
Sep 2023
-
57.67%(-18.9%)
Jun 2023
-
71.09%(+19.0%)
Mar 2023
-
59.74%(-10.2%)
Dec 2022
58.54%(+46.4%)
66.54%(+5.0%)
Sep 2022
-
63.36%(+22.5%)
Jun 2022
-
51.73%(+22.8%)
Mar 2022
-
42.12%(+10.6%)
Dec 2021
39.99%(-24.8%)
38.09%(+3.0%)
Sep 2021
-
36.98%(-22.6%)
Jun 2021
-
47.75%(+28.3%)
Mar 2021
-
37.23%(-6.9%)
Dec 2020
53.19%(+17.1%)
40.01%(-20.0%)
Sep 2020
-
50.03%(-20.8%)
Jun 2020
-
63.13%(+20.8%)
Mar 2020
-
52.27%(+4.8%)
Dec 2019
45.44%(+22.7%)
49.87%(+29.5%)
Sep 2019
-
38.51%(-11.1%)
Jun 2019
-
43.30%(-10.2%)
Mar 2019
-
48.23%(+23.3%)
Dec 2018
37.04%(-11.2%)
39.13%(+29.0%)
Sep 2018
-
30.34%(-17.6%)
Jun 2018
-
36.80%(-10.0%)
Mar 2018
-
40.90%(-2.4%)
DateAnnualQuarterly
Dec 2017
41.73%(-9.8%)
41.91%(+0.1%)
Sep 2017
-
41.85%(+4.1%)
Jun 2017
-
40.19%(-6.1%)
Mar 2017
-
42.82%(-295.2%)
Dec 2016
46.25%(-14.2%)
-21.94%(-134.9%)
Sep 2016
-
62.90%(-5.1%)
Jun 2016
-
66.25%(-3.5%)
Mar 2016
-
68.66%(+128.6%)
Dec 2015
53.92%(+31.2%)
30.03%(-55.0%)
Sep 2015
-
66.68%(-0.0%)
Jun 2015
-
66.71%(+1.6%)
Mar 2015
-
65.63%(+194.0%)
Dec 2014
41.09%(+25.8%)
22.32%(-58.6%)
Sep 2014
-
53.89%(+21.5%)
Jun 2014
-
44.35%(+7.2%)
Mar 2014
-
41.39%(+0.1%)
Dec 2013
32.65%(+380.9%)
41.34%(+40.2%)
Sep 2013
-
29.48%(+2.4%)
Jun 2013
-
28.78%(-13.6%)
Mar 2013
-
33.32%
Dec 2012
6.79%(-64.0%)
-
Dec 2011
18.85%(-9.9%)
-
Dec 2010
20.91%(-26.7%)
-
Dec 2009
28.52%(-38.0%)
-
Dec 2008
45.97%(+6.9%)
-
Dec 2007
43.00%(-4.3%)
-
Dec 2006
44.92%(-16.0%)
-
Dec 2005
53.49%
-

FAQ

  • What is TORM annual gross profit margin?
  • What is the all time high annual gross margin for TORM?
  • What is TORM annual gross margin year-on-year change?
  • What is TORM quarterly gross profit margin?
  • What is the all time high quarterly gross margin for TORM?
  • What is TORM quarterly gross margin year-on-year change?

What is TORM annual gross profit margin?

The current annual gross margin of TRMD is 60.85%

What is the all time high annual gross margin for TORM?

TORM all-time high annual gross profit margin is 61.88%

What is TORM annual gross margin year-on-year change?

Over the past year, TRMD annual gross profit margin has changed by -1.03% (-1.66%)

What is TORM quarterly gross profit margin?

The current quarterly gross margin of TRMD is 53.31%

What is the all time high quarterly gross margin for TORM?

TORM all-time high quarterly gross profit margin is 71.09%

What is TORM quarterly gross margin year-on-year change?

Over the past year, TRMD quarterly gross profit margin has changed by 0.00% (0.00%)