TORM
TRMD
$34.65
Share price
1.82%
Change (1 day)
9.83%
Change (1 year)
Operating Margin for TORM (TRMD)
Operating Margin as of April 2024 (TTM): 43.16%
According to TORM's latest financial reports and stock price the company's current Operating Margin is 43.16%. At the end of 2022 the company had an Operating Margin of 41.94%.
Operating Margin history for TORM from 2004 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 41.94% | 16139.22% |
| 2021 | 0.26% | -98.59% |
| 2020 | 18.28% | -38.57% |
| 2019 | 29.76% | 7526.92% |
| 2018 | 0.39% | -94.15% |
| 2017 | 6.66% | -140.42% |
| 2016 | -16.49% | -162.73% |
| 2015 | 26.28% | -172.58% |
| 2014 | -36.21% | 293.3% |
| 2013 | -9.21% | -79.53% |
| 2012 | -44.99% | 51.14% |
| 2011 | -29.76% | 198.69% |
| 2010 | -9.97% | -351.04% |
| 2009 | 3.97% | -89.44% |
| 2008 | 37.59% | -64.82% |
| 2007 | 106.83% | 128.64% |
| 2006 | 46.73% | -15.47% |
| 2005 | 55.28% | -40.97% |
| 2004 | 93.64% | 59.58% |
| 2003 | 58.68% | 453.11% |
| 2002 | 10.61% | -58.79% |
| 2001 | 25.75% |
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.