Torm (TRMD) Operating Margin (2017 - 2026)
Torm's Operating Margin came in at 53.58% for Q2 2026, up 29.91 percentage points from 23.67% a year earlier and up 18.43 percentage points from the prior quarter.
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Analysis
Torm (TRMD) Operating Margin (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Torm reported Operating Margin of 78.63%, down 2.66 percentage points year-over-year; for FY2025, it came in at 26.60%, down 15.65 percentage points from FY2024.
- Operating Margin carries a five-year change of +8.01 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was 42.25% in FY2024 (-3.70 pp), 45.95% in FY2023 (+4.28 pp), 41.67% in FY2022 (+41.45 pp) and 0.23% in FY2021 (-18.36 pp).
- The five-year range for quarterly Operating Margin is -2.38% (Q3 2021) to 146.26% (Q4 2023).
- Year-over-year, Operating Margin has increased for three consecutive quarters, with an average year-over-year change of -6.23 percentage points over the last six quarters.
- The fastest year-over-year change in Operating Margin over five years came in Q4 2022 (a gain of 108.32 percentage points), and the weakest in Q4 2024 (a drop of 31.73 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 40.25% |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 38.27% |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 35.35% |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 4.07% |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 32.44% |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 6.20% |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 9.43% |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 29.94% |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 13.12% |
| 10 | Torm | 3.59 Bn | 2.41 Bn | 657.90 Mn | 53.58% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 53.58% |
| Mar 31, 2026 | 35.15% |
| Dec 31, 2025 | 117.01% |
| Jun 30, 2025 | 23.67% |
| Mar 31, 2025 | 25.01% |
| Dec 31, 2024 | 114.53% |
| Jun 30, 2024 | 46.68% |
| Mar 31, 2024 | 50.15% |
| Dec 31, 2023 | 146.26% |
| Sep 30, 2023 | 39.10% |
| Jun 30, 2023 | 51.99% |
| Mar 31, 2023 | 41.90% |
| Dec 31, 2022 | 110.59% |
| Sep 30, 2022 | 51.02% |
| Jun 30, 2022 | 35.07% |
| Mar 31, 2022 | 10.79% |
| Dec 31, 2021 | 2.27% |
| Sep 30, 2021 | -2.38% |
| Jun 30, 2021 | 8.22% |
| Mar 31, 2021 | -9.35% |
API Access
Torm Operating 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=operating-margin&ticker=TRMD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=TRMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();