Friday 6 November 2026
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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
9.29
0.05
−0.54%
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Hafnia Limited (HAFN) Gross margin
Hafnia Limited's gross margin over the twelve months to 30 June 2026 was 33.2%, up 3.7 percentage points from fiscal 2025 (29.5%). That is below the Marine Shipping industry median of 60.6% and above the Industrials sector median of 30.6%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 29.5% | (9.28) |
| FY2024 | 38.8% | (2.28) |
| FY2023 | 41.1% | (15.11) |
| FY2022 | 56.2% | — |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 37.8% | 5.58 |
| Mar 2026 | 32.2% | 0.70 |
| Dec 2025 | 31.5% | 1.90 |
| Sep 2025 | 29.6% | 0.29 |
| 14 more quarters | Free account |
Gross margin against peers
| Company | Gross margin |
|---|---|
| DAC Danaos Corporation compare | 75.0% |
| ECO Okeanis Eco Tankers Corp. compare | 72.3% |
| NMM Navios Maritime Partners LP compare | 64.5% |
| SFL SFL Corporation Ltd. compare | 61.4% |
| SBLK Star Bulk Carriers Corp. compare | 48.8% |
| KEX Kirby Corporation compare | 33.2% |
| HAFN Hafnia Limited | 33.2% |
| MATX Matson, Inc. compare | 24.6% |
| ZIM ZIM Integrated Shipping Services Ltd. compare | 13.7% |
| Marine Shipping industry median | 60.6% |
| Industrials sector median | 30.6% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on HAFN
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Altman Z-score
- Beneish M-score
- The full statement