Torm (TRMD) Net Margin (2017 - 2026)
Torm (TRMD) posted Net Margin of 51.04% for Q2 2026, up 32.45 percentage points from 18.59% a year earlier and up 20.59 percentage points from the prior quarter.
Torm (TRMD) Net Margin (2017 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at Torm was 79.80%, down 2.56 percentage points year-over-year; for FY2025, it came in at 21.30%, down 17.92 percentage points from FY2024.
- Annual Net Margin shows a five-year change of +9.62 percentage points (FY2020 to FY2025).
- In prior years, Torm's Net Margin was 39.22% in FY2024 (-3.40 pp), 42.62% in FY2023 (+3.64 pp), 38.98% in FY2022 (+45.77 pp) and -6.79% in FY2021 (-18.47 pp).
- Quarterly Net Margin has run from a low of -22.25% in Q4 2021 to a high of 163.90% in Q4 2023 over five years.
- On a year-over-year basis, Net Margin has increased in each of the last three quarters, with an average year-over-year change of -8.47 percentage points over the last six quarters.
- The strongest year-over-year quarter for Net Margin in the past five years was Q4 2022, with a gain of 135.62 percentage points; the weakest was Q4 2024, with a drop of 44.61 percentage points.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 29.04% |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 25.46% |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 24.59% |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 2.65% |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 21.18% |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 6.39% |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 8.12% |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 22.56% |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 12.26% |
| 10 | Torm | 3.59 Bn | 2.41 Bn | 657.90 Mn | 51.04% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 51.04% |
| Mar 31, 2026 | 30.45% |
| Dec 31, 2025 | 123.25% |
| Jun 30, 2025 | 18.59% |
| Mar 31, 2025 | 18.93% |
| Dec 31, 2024 | 119.29% |
| Jun 30, 2024 | 44.44% |
| Mar 31, 2024 | 47.22% |
| Dec 31, 2023 | 163.90% |
| Sep 30, 2023 | 34.71% |
| Jun 30, 2023 | 48.35% |
| Mar 31, 2023 | 39.36% |
| Dec 31, 2022 | 113.37% |
| Sep 30, 2022 | 48.45% |
| Jun 30, 2022 | 31.49% |
| Mar 31, 2022 | 4.97% |
| Dec 31, 2021 | -22.25% |
| Sep 30, 2021 | -9.45% |
| Jun 30, 2021 | 1.39% |
| Mar 31, 2021 | -17.16% |
Torm Net 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=net-margin&ticker=TRMD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=TRMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();