TORM PLC (TRMD)
23.62
-0.12
(-0.48%)
USD |
NASDAQ |
Nov 14, 16:00
23.72
+0.10
(+0.44%)
After-Hours: 20:00
TORM Gross Profit Margin (Quarterly): 64.08% for June 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | 64.08% |
| March 31, 2024 | 65.01% |
| December 31, 2023 | 58.81% |
| September 30, 2023 | 57.67% |
| June 30, 2023 | 71.09% |
| March 31, 2023 | 59.74% |
| December 31, 2022 | 66.54% |
| September 30, 2022 | 63.36% |
| June 30, 2022 | 51.73% |
| March 31, 2022 | 42.12% |
| December 31, 2021 | 38.09% |
| September 30, 2021 | 36.98% |
| June 30, 2021 | 47.75% |
| March 31, 2021 | 37.23% |
| December 31, 2020 | 40.01% |
| September 30, 2020 | 50.03% |
| June 30, 2020 | 63.13% |
| March 31, 2020 | 52.27% |
| December 31, 2019 | 49.87% |
| September 30, 2019 | 38.51% |
| June 30, 2019 | 43.30% |
| March 31, 2019 | 48.23% |
| December 31, 2018 | 39.13% |
| Date | Value |
|---|---|
| September 30, 2018 | 30.34% |
| June 30, 2018 | 36.80% |
| March 31, 2018 | 40.90% |
| December 31, 2017 | -8.44% |
| September 30, 2017 | 41.72% |
| June 30, 2017 | 40.19% |
| March 31, 2017 | 42.82% |
| December 31, 2016 | -21.94% |
| September 30, 2016 | 62.90% |
| June 30, 2016 | 66.25% |
| March 31, 2016 | 68.66% |
| December 31, 2015 | 30.03% |
| September 30, 2015 | 66.68% |
| June 30, 2015 | 66.71% |
| March 31, 2015 | 65.62% |
| December 31, 2014 | 22.32% |
| September 30, 2014 | 53.89% |
| June 30, 2014 | 44.35% |
| March 31, 2014 | 41.39% |
| December 31, 2013 | 41.34% |
| September 30, 2013 | 29.48% |
| June 30, 2013 | 28.78% |
| March 31, 2013 | 33.32% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
36.98%
Minimum
Sep 2021
71.09%
Maximum
Jun 2023
53.45%
Average
52.27%
Median
Mar 2020
Gross Profit Margin (Quarterly) Benchmarks
| BP PLC | 15.92% |
| Navigator Holdings Ltd | 30.61% |
| Awilco Drilling PLC | -- |
| Shell PLC | 15.68% |
| Odfjell Drilling Ltd | 59.82% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 39.97% |
| Return on Assets | 22.96% |
| Return on Invested Capital | 24.10% |
| Profit Margin (Quarterly) | 44.37% |
| Operating Margin (Quarterly) | 44.28% |
| Return on Net Operating Assets | 26.04% |