Maersk reports strong Q3 results with ocean revenue almost doubling

A.P. Moller – Maersk delivered record earnings in Q3 2021 as operating profit grew almost five times to US$5.9bn and EBITDA tripled to US$6.9bn, as shipping lines continue to financially thrive during the supply chain disruption.

Revenue grew 68% to US$16.6bn Q2 while return on invested capital (ROIC) increased to 35% for the past 12 months.

Søren Skou, CEO of A.P. Moller – Maersk, said: “In the ongoing exceptional market situation, with high demand in the US and global disruptions to the supply chains, we continued to increase capacity and expand our offerings to keep cargo moving for our customers.