Torm (TRMD) Gross Margin (2016 - 2025)
Torm's (TRMD) quarterly Gross Margin came in at 100.0% in Q2 2025, up 137.0% year-on-year from 42.19% in Q2 2024, and little changed quarter-over-quarter from 100.0% in Q1 2025.
Torm (TRMD) Gross Margin (2016 - 2025) Analysis & Trends
Torm's Gross Margin history runs 7 years deep, the most recent figure standing at 100.0% for Q2 2025.
- On a quarterly basis, Gross Margin rose 137.0% year-over-year to 100.0% in Q2 2025; TTM through Jun 2025 was 100.0%, a 0.0% change from a year earlier, with the FY2024 full-year figure at 100.0%, changed N/A from the prior year.
- Gross Margin was little changed at 100.0% in Q2 2025 per TRMD's latest filing, from 100.0% in the prior quarter.
- Across five years, Gross Margin topped out at 100.0% in Q1 2024 and bottomed at 97.76% in Q2 2023.
- The 3-year median for Gross Margin is 100.0% (2025), against an average of 99.4%.
- Biggest YoY gain for Gross Margin was 137 bps in 2025; the steepest drop was 0 bps in 2025.
- Year by year, Gross Margin stood at 97.76% in 2023, then grew by 2 bps to 100.0% in 2024, then retreated by 0 bps to 100.0% in 2025.
- Per Business Quant, the three latest TRMD Gross Margin figures stand at 100.0% (Q2 2025), 100.0% (Q1 2025), and 100.0% (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 89.73% |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 76.80% |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 68.62% |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 41.12% |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | - |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 97.17% |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 23.85% |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 41.52% |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 93.41% |
| 10 | Torm | 2.96 Bn | 2.80 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2025 | 100.00% |
| Mar 31, 2025 | 100.00% |
| Dec 31, 2024 | 100.00% |
| Jun 30, 2024 | 98.63% |
| Mar 31, 2024 | 100.00% |
| Jun 30, 2023 | 97.76% |
| Dec 31, 2019 | 36,384,112.27% |
| Dec 31, 2018 | 26,598,842.24% |
| Dec 31, 2017 | 30,441,817.32% |
| Dec 31, 2016 | 35,580,752.87% |