Torm TRMD
NASDAQ TRMD
$35.18 +1.00 (+2.93%)
At close: Sep 4, 2026 · 4:00 PM EDT

Torm (TRMD) Gross Margin (2022 - 2026)

Torm (TRMD) posted Gross Margin of 98.37% for Q2 2026, little changed on a QoQ basis from 98.53% in Q1 2026, and up 430.0% year-over-year from 18.56% in Q2 2025.

Analysis

Torm (TRMD) Gross Margin (2022 - 2026) Analysis & Trends

Torm has reported Gross Margin for 5 years, with the latest figure at 98.37% in Q2 2026.

  • On a quarterly basis, Gross Margin rose 430.0% year-over-year to 98.37% in Q2 2026; TTM through Jun 2026 was 97.14%, a 13.0% increase from a year earlier, with the FY2025 full-year figure at 98.16%, down 65.0% from the prior year.
  • Gross Margin was 98.37% for Q2 2026 at Torm, roughly flat from 98.53% in the prior quarter.
  • The five-year high for Gross Margin was 99.33% in Q4 2022, with the low at 90.56% in Q4 2023.
  • Average Gross Margin over 5 years is 96.83%, with a median of 97.78% recorded in 2024.
  • The sharpest annual moves came in 2023 and 2026: Gross Margin sank 877 bps in 2023, then soared 430 bps in 2026.
  • Over 5 years, Gross Margin stood at 99.33% in 2022, then declined by 9 bps to 90.56% in 2023, then gained by 8 bps to 97.78% in 2024, then retreated by 4 bps to 94.07% in 2025, then advanced by 5 bps to 98.37% in 2026.
  • The last three Gross Margin figures came in at 98.37% (Q2 2026), 98.53% (Q1 2026), and 94.07% (Q2 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Frontline 10.27 Bn 9.94 Bn - -
2 Kirby 7.43 Bn 7.39 Bn 290.80 Mn 31.53%
3 Matson 6.74 Bn 6.62 Bn - -
4 International Seaways 5.17 Bn 5.17 Bn 467.16 Mn 99.97%
5 Hafnia 4.59 Bn 4.31 Bn 372.91 Mn 45.71%
6 Cmb.Tech 4.47 Bn 4.31 Bn 970.62 Mn 79.33%
7 Scorpio Tankers 4.26 Bn 2.42 Bn 343.91 Mn 84.14%
8 Star Bulk Carriers 3.68 Bn 3.11 Bn 299.80 Mn 83.88%
9 Torm 3.56 Bn -626.52 Mn 652.00 Mn 98.37%
10 ZIM Integrated Shipping Services 3.44 Bn 2.41 Bn 255.00 Mn 14.32%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 98.37%
Mar 31, 2026 98.53%
Jun 30, 2025 94.07%
Mar 31, 2025 95.90%
Jun 30, 2024 97.78%
Mar 31, 2024 99.14%
Dec 31, 2023 90.56%
Jun 30, 2023 97.76%
Dec 31, 2022 99.33%