Torm (TRMD) Net Margin (2017 - 2026)
Torm (TRMD) posted Net Margin of 51.04% for Q2 2026, up 67.63% on a QoQ basis from 30.45% in Q1 2026, and up 3245.0% year-over-year from 1.53% in Q2 2025.
Analysis
Torm (TRMD) Net Margin (2017 - 2026) Analysis & Trends
Torm has reported Net Margin for 10 years, with the latest figure at 51.04% in Q2 2026.
- On a quarterly basis, Net Margin rose 3245.0% year-over-year to 51.04% in Q2 2026; TTM through Jun 2026 was 34.03%, a 38.0% decrease from a year earlier, with the FY2025 full-year figure at 21.3%, down 1798.0% from the prior year.
- Net Margin was 51.04% for Q2 2026 at Torm, up from 30.45% in the prior quarter.
- The five-year high for Net Margin was 163.0% in Q4 2023, with the low at 4.97% in Q1 2022.
- Average Net Margin over 5 years is 52.6%, with a median of 41.9% recorded in 2023.
- The sharpest annual moves came in 2022 and 2025: Net Margin surged 17767 bps in 2022, then plunged 2829 bps in 2025.
- Over 5 years, Net Margin stood at 155.41% in 2022, then grew by 5 bps to 163.0% in 2023, then plunged by 73 bps to 44.44% in 2024, then slumped by 58 bps to 18.59% in 2025, then soared by 175 bps to 51.04% in 2026.
- The last three Net Margin figures came in at 51.04% (Q2 2026), 30.45% (Q1 2026), and 18.59% (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | 70.00% |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 9.74% |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 13.35% |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 63.09% |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 34.40% |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | 59.92% |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | 109.93% |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 37.70% |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 51.04% |
| 10 | ZIM Integrated Shipping Services | 3.44 Bn | 2.41 Bn | 255.00 Mn | 3.57% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 51.04% |
| Mar 31, 2026 | 30.45% |
| Jun 30, 2025 | 18.59% |
| Mar 31, 2025 | 18.93% |
| Jun 30, 2024 | 44.44% |
| Mar 31, 2024 | 47.22% |
| Dec 31, 2023 | 163.00% |
| Sep 30, 2023 | 34.71% |
| Jun 30, 2023 | 48.35% |
| Mar 31, 2023 | 39.36% |
| Dec 31, 2022 | 155.41% |
| Sep 30, 2022 | 48.45% |
| Jun 30, 2022 | 31.49% |
| Mar 31, 2022 | 4.97% |
| Dec 31, 2021 | -22.26% |
| Sep 30, 2021 | -9.45% |
| Jun 30, 2021 | 1.39% |
| Mar 31, 2021 | -16.84% |
| Dec 31, 2020 | -32.91% |
| Sep 30, 2020 | 0.87% |