TORM
TRMD
#4046
Rank
$2.29 B
Marketcap
$23.81
Share price
-0.67%
Change (1 day)
-29.43%
Change (1 year)

Operating Margin for TORM (TRMD)

Operating Margin as of November 2024 (TTM): 44.01%

According to TORM's latest financial reports and stock price the company's current Operating Margin is 44.01%. At the end of 2023 the company had an Operating Margin of 46.89%.

Operating Margin history for TORM from 2004 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202346.89%11.77%
202241.95%15775.44%
20210.26%-98.55%
202018.28%-38.57%
201929.76%7526.92%
20180.39%-92.97%
20175.55%-133.68%
2016-16.49%-161.89%
201526.64%197.01%
20148.97%-197.41%
2013-9.21%-79.53%
2012-44.99%49.52%
2011-30.09%201.92%
2010-9.97%-351.04%
20093.97%-89.44%
200837.59%-66.55%
2007112.36%140.47%
200646.73%-15.47%
200555.28%-40.97%
200493.64%59.58%
200358.68%453.11%
200210.61%-58.79%
200125.75%

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.