Torm (TRMD) Gross Margin (2022 - 2026)
Torm's Gross Margin was 99.26% in Q2 2026, up 0.91 percentage points from 98.35% a year earlier and up 0.73 percentage points from the prior quarter.
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Analysis
Torm (TRMD) Gross Margin (2022 - 2026) Analysis & Trends
On a trailing twelve-month basis, Torm's Gross Margin was 98.51% through Jun 30, 2026, up 0.14 percentage points year-over-year; for FY2025, it came in at 98.16%, down 0.65 percentage points from FY2024.
- Gross Margin shows a five-year change of +52.54 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 98.81% in FY2024 (+1.22 pp), 97.59% in FY2023 (+49.07 pp) and 48.52% in FY2022.
- The Q2 2026 figure marks the highest quarterly Gross Margin since Q4 2022.
- Compared with a year earlier, Gross Margin was higher in three of the last six quarters, with an average year-over-year change of +1.27 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q1 2024 (a gain of 50.02 percentage points); the worst was Q4 2023 (a drop of 8.77 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.50 Bn | 165.03 Bn | - | - |
| 2 | Csx | 88.86 Bn | 85.07 Bn | - | - |
| 3 | United Parcel Service | 82.91 Bn | 59.81 Bn | - | - |
| 4 | Canadian Pacific Kansas City | 76.79 Bn | 75.81 Bn | - | - |
| 5 | Norfolk Southern | 72.78 Bn | 67.42 Bn | - | - |
| 6 | Fedex | 69.54 Bn | 35.48 Bn | - | - |
| 7 | Delta Air Lines | 48.82 Bn | 31.01 Bn | - | - |
| 8 | Old Dominion Freight Line | 38.83 Bn | 38.10 Bn | - | - |
| 9 | United Airlines Holdings | 31.02 Bn | -25.36 Bn | - | - |
| 10 | Torm | 3.69 Bn | -7.99 Bn | 652.00 Mn | 98.37% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 98.37% |
| Mar 31, 2026 | 98.53% |
| Dec 31, 2025 | 98.16% |
| Jun 30, 2025 | 94.07% |
| Mar 31, 2025 | 95.90% |
| Dec 31, 2024 | 98.81% |
| Jun 30, 2024 | 97.78% |
| Mar 31, 2024 | 99.14% |
| Dec 31, 2023 | 90.56% |
| Jun 30, 2023 | 96.30% |
| Dec 31, 2022 | 99.33% |
API Access
Torm Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=TRMD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "TRMD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=TRMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();