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Hafnia Limited

HAFN Industrials Marine Shipping

Hafnia Limited’s revenue for fiscal 2025 (year ended December 2025) was $2.3 billion, down 20.5% from fiscal 2024.

Revenue
+47.2%
EPS
+273.3%
Free cash flow
+193.2%
Total debt
−13.8%

Quarter to June 2026, against a year earlier

9.41 0.40 −4.08%
Market cap
$5.0B
P/E
7.1×
Fwd P/E
—
Dividend yield
11.8%
F-score
5/9
Altman Z
2.39
Beneish M
−2.00
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Hafnia Limited (HAFN) Debt to equity

Alert me on Debt to equity

Hafnia Limited's debt to equity at the end of the quarter to 30 June 2026 was 0.3×, down 0.1× from fiscal 2025 (0.5×). That is below the Marine Shipping industry median of 0.4× and in line with the Industrials sector median of 0.3×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.5× (2.82%)
FY2024 0.5× (14.50%)
FY2023 0.6× (34.36%)
FY2022 0.9× —

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.3× (17.20%)
Mar 2026 0.4× (16.29%)
Dec 2025 0.5× 25.59%
Sep 2025 0.4× (14.00%)
11 more quarters

Debt to equity against peers

Company Debt to equity
MATX Matson, Inc. compare 0.1×
DAC Danaos Corporation compare 0.3×
KEX Kirby Corporation compare 0.3×
HAFN Hafnia Limited 0.3×
SBLK Star Bulk Carriers Corp. compare 0.4×
NMM Navios Maritime Partners LP compare 0.6×
ECO Okeanis Eco Tankers Corp. compare 0.8×
ZIM ZIM Integrated Shipping Services Ltd. compare 1.1×
SFL SFL Corporation Ltd. compare 2.3×
Marine Shipping industry median 0.4×
Industrials sector median 0.3×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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