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HAFNHafnia Limited
$7.18$3.6B
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HAFN logoHafnia Limited(HAFN)Earnings, Financials & Key Ratios

HAFN•NYSE
$7.18
10.4× P/E·Price updated Jul 7, 2026
SectorIndustrialsIndustryMarine ShippingSub-IndustryOil and Product Tankers
AboutHafnia Limited owns and operates oil product tankers in Bermuda. It operates through Long Range II, Long Range I, Medium Range (MR), Handy size, and Specialized segments. The company transports clean and dirty, refined oil products, vegetable oil, and easy chemicals to national and international oil companies, and chemical companies, as well as trading and utility companies; and owns and operates 200 vessels. It provides ship owning, ship-management, investment, management, corporate support, and agency office services. In addition, the company provides integrated shipping platform, including technical management, commercial and chartering services, pool management, and large-scale bunker desk services. Hafnia Limited is based in Hamilton, Bermuda.Show more
  • Revenue$2.35B-18.1%
  • EBITDA$544M-46.7%
  • Net Income$350M-54.8%
  • EPS (Diluted)0.69-54.0%
  • Gross Margin18.02%-39.2%
  • EBITDA Margin23.16%-34.9%
  • Operating Margin14.3%-49.1%
  • Net Margin14.89%-44.8%
  • ROE15.25%-55.9%

HAFN Price & Volume

Hafnia Limited (HAFN) stock price & volume — 10-year historical chart

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Hafnia Capitalizes on Tight Product Tanker Markets

Investment Thesis • Updated 2026Q1

VerdictPositive: The company trades at a forward P/E of 5.10 while maintaining a healthy current ratio of 1.60
Growth:Mixed
Profitability:Moderate
Financial:Healthy
Cash Flow:Robust
Primary Risk:Cyclical TCE Rate Volatility

Key Thesis Takeaways

  • Hafnia Limited demonstrates a robust recovery trajectory, evidenced by a 22.5% revenue growth in 2026Q1 as the company leverages favorable global ton-mile demand.
  • The firm's disciplined deleveraging strategy, which reduced total debt to $1.0B from $1.3B in 2023Q4, provides a resilient foundation to navigate inherent spot market volatility.
  • Investors should monitor the sustainability of earnings, as net income remains sensitive to freight rate cycles despite the company's commitment to significant shareholder distributions.

Verdict Logic

suggesting an attractive valuation relative to its recent operational rebound.

HAFN Growth Metrics

Hafnia Limited (HAFN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years21.86%
3 Years6.83%
TTM-8.59%

Profit CAGR

10 Years-
5 Years18.64%
3 Years-22.51%
TTM-26.13%

EPS CAGR

10 Years-
5 Years8.92%
3 Years-22.98%
TTM-24.17%

Return on Capital

10 Years9.6%
5 Years18.13%
3 Years20.61%
Last Year10.66%

HAFN Recent Earnings

Hafnia Limited (HAFN) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 11/12 qtrs (92%)
Q2 2026Latest
May 27, 2026
Metric
Actual
Est
EPS
$0.36+21.6%
$0.30
Rev
$283M-5.4%
$299M
Q1 2026
Feb 26, 2026
Metric
Actual
Est
EPS
$0.22+3.1%
$0.21
Rev
$259M+0.1%
$259M
Q4 2025
Dec 1, 2025
Metric
Actual
Est
EPS
$0.18-18.2%
$0.22
Rev
$587M+121.1%
$265M
Q3 2025
Aug 27, 2025
Metric
Actual
Est
EPS
$0.15+7.1%
$0.14
Rev
$554M+115.8%
$257M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 27, 2026
$0.36vs $0.30+21.6%
$283Mvs $299M-5.4%
Q1 2026Feb 26, 2026
$0.22vs $0.21+3.1%
$259Mvs $259M+0.1%
Q4 2025Dec 1, 2025
$0.18vs $0.22-18.2%
$587Mvs $265M+121.1%
Q3 2025Aug 27, 2025
$0.15vs $0.14+7.1%
$554Mvs $257M+115.8%
Based on last 12 quarters of dataView full earnings history →

Latest HAFN News

Recent stock market news and headlines for Hafnia Limited (HAFN)

Business Wire·Jun 30, 2026
HAFNIA LIMITED: Hafnia Announces Planned CEO Succession

SINGAPORE--(BUSINESS WIRE)--Hafnia Limited (“Hafnia”, the “Company”, OSE ticker code: “HAFNI”, NYSE ticker code: “HAFN”) announces today that Mikael Skov has decided to step down as Chief Executive Officer (CEO) of Hafnia effective 1 September 2026. The Board of Directors has appointed Søren Steenberg Jensen, EVP, Head of Asset Management to succeed Mikael as CEO. Mikael Skov has led Hafnia since its establishment in 2010 and has played a defining role in building the Company into one of the wo.

Seeking Alpha·Jun 22, 2026
Hafnia: Rates Are Exploding, And The Stock Still Trades Below NAV

Hafnia remains a compelling, undervalued play on the tanker market, trading at an 11% discount to NAV. Booming rates, tight market conditions, and disciplined fleet renewal have driven Q1 EPS up 176.9% YoY and DPS up 183.4% YoY. Q2 earnings and dividends are set to rise further, with 73% of earning days covered at $46,600/day and payout policy potentially moving to 90%.

Peers Comparison

Key metrics vs top competitors for Hafnia Limited (HAFN)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
HAFN logoHAFNHafnia LimitedCurrent
$7.18$3.59B10.41-18.12%14.89%15.25%5.65%
STNG logoSTNGScorpio Tankers Inc.
$69.53$3.6B9.89-24.58%48.44%15.85%—
TRMD logoTRMDTORM plc
$28.35$2.9B9.58-10.86%24.43%15.79%—
INSW logoINSWInternational Seaways, Inc.
$85.23$4.22B13.68-11.38%55.39%27.13%—
ASC logoASCArdmore Shipping Corporation
$15.45$630.4M17.56-23.56%18%9.01%—
FRO logoFROFrontline Ltd.
$37.66$8.38B22.15-4.16%40.19%36.04%—

Compare HAFN vs Peers

Hafnia Limited (HAFN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs STNG

Most directly comparable listed peer for HAFN.

Scale Benchmark

vs FRO

Larger-name benchmark to compare HAFN against a more recognizable public peer.

Peer Set

Compare Top 5

vs STNG, TRMD, INSW, ASC

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HAFN Frequently Asked Questions

Hafnia Limited (HAFN) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Hafnia Limited's revenue?

Hafnia Limited (HAFN) reported $2.41B in revenue for fiscal year 2025. This represents a 696% increase from $302.3M in 2016.

How fast is Hafnia Limited growing?

Hafnia Limited (HAFN) saw revenue decline by 18.1% over the past year.

Is HAFN profitable?

Yes, Hafnia Limited (HAFN) is profitable, generating $456.3M in net income for fiscal year 2025 (14.9% net margin).

Dividend & Returns
Does HAFN pay dividends?

Yes, Hafnia Limited (HAFN) pays a dividend with a yield of 5.65%. This makes it attractive for income-focused investors.

What is HAFN's return on equity?

Hafnia Limited (HAFN) has a return on equity (ROE) of 15.2%. This is reasonable for most industries.

What is Hafnia Limited's free cash flow?

Hafnia Limited (HAFN) generated $440.8M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in HAFN back in 2016?

Total return calculator · dividends reinvested · 10+ years of data

See returns →