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Hafnia Limited logo

Hafnia Limited

HAFN

NYSEIndustrialsMarine Shipping

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Previous close

$8.16

+$0.27 · +3.42%

Aug 21, 4:00 PM ET

HAFN company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

84

Deep Value

Momentum

46

Neutral

Sentiment

53

Mixed

Risk resilience

61

Moderate Risk

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Thesis, catalysts, evidence, and risk analysis.

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Company profile

Company website

Hafnia Limited, headquartered in Hamilton, Bermuda, is a prominent maritime transportation enterprise engaged in the ownership and operation of product tankers. The company manages a substantial fleet of 200 vessels across diverse categories such as Long Range II, Long Range I, Medium Range (MR), Handy size, and specialized carriers. Its core business involves the global shipment of a wide spectrum of clean and dirty refined petroleum products, vegetable oils, and specific chemicals for an international clientele that includes oil majors, chemical producers, as well as trading and utility corporations. In addition to its primary shipping activities, Hafnia offers a comprehensive suite of maritime services, including vessel ownership, expert ship management, investment services, corporate support, and agency office functions. The company also provides an integrated shipping platform that incorporates technical management, commercial and chartering services, pool administration, and large-scale bunker procurement.

Industry
Marine Shipping
Sector
Industrials
Headquarters
SG
CEO
Mikael Opstun Skov
Listed since
Jun 18, 2020
Employees
4,876

Market position

Day range

Current $8.16

52-week range

Current $8.16

Open
$8.09
Previous close
$7.89
Volume
1.61M
1× average
Average volume
1.6M
Average daily volume
Market cap
4.08B USD
Beta
-0.16
Market reference 1
50-day average
$7.4204
+9.97% above average
200-day average
$7.0961
+14.99% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
3.6B USD
P/E (TTM)
8.87×
P/B (TTM)
1.6×
P/S (TTM)
1.7×
EV / EBITDA
5.81×
Earnings yield
13.17%
Free cash flow yield
15.50%
Dividend yield
8.97%

Profitability & efficiency

Gross margin
20.65%
Operating margin
17.81%
Net margin
18.97%
Return on equity
15.01%
Return on assets
9.17%
Return on invested capital
9.66%

Financial health

Debt / equity
0.4×
Current ratio
1.53×
Altman Z-score
3.1
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends49%28%8%-12%Gross margin, FY2021: 23.12%Gross margin, FY2022: 43.62%Gross margin, FY2023: 31.89%Gross margin, FY2024: 29.62%Gross margin, FY2025: 18.02%Operating margin, FY2021: -0.60%Operating margin, FY2022: 42.73%Operating margin, FY2023: 32.11%Operating margin, FY2024: 28.09%Operating margin, FY2025: 14.30%Net margin, FY2021: -6.84%Net margin, FY2022: 39.01%Net margin, FY2023: 29.69%Net margin, FY2024: 26.98%Net margin, FY2025: 14.89%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 23.12%. Gross margin FY2022 43.62%. Gross margin FY2023 31.89%. Gross margin FY2024 29.62%. Gross margin FY2025 18.02%. Operating margin FY2021 -0.60%. Operating margin FY2022 42.73%. Operating margin FY2023 32.11%. Operating margin FY2024 28.09%. Operating margin FY2025 14.30%. Net margin FY2021 -6.84%. Net margin FY2022 39.01%. Net margin FY2023 29.69%. Net margin FY2024 26.98%. Net margin FY2025 14.89%.

Income trends

Revenue

2.35B USD-18.12%

Operating income

335.83M USD-58.32%

Net income

349.66M USD-54.83%
Income trends across reported periods3.16B USD1.99B USD821.75M USD−347.91M USDRevenue, FY2021: 811.22M USDRevenue, FY2022: 1.93B USDRevenue, FY2023: 2.67B USDRevenue, FY2024: 2.87B USDRevenue, FY2025: 2.35B USDOperating income, FY2021: −4.86M USDOperating income, FY2022: 823.21M USDOperating income, FY2023: 857.95M USDOperating income, FY2024: 805.73M USDOperating income, FY2025: 335.83M USDNet income, FY2021: −55.49M USDNet income, FY2022: 751.59M USDNet income, FY2023: 793.28M USDNet income, FY2024: 774.04M USDNet income, FY2025: 349.66M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 811.22M USD. Revenue FY2022 1.93B USD. Revenue FY2023 2.67B USD. Revenue FY2024 2.87B USD. Revenue FY2025 2.35B USD. Operating income FY2021 −4.86M USD. Operating income FY2022 823.21M USD. Operating income FY2023 857.95M USD. Operating income FY2024 805.73M USD. Operating income FY2025 335.83M USD. Net income FY2021 −55.49M USD. Net income FY2022 751.59M USD. Net income FY2023 793.28M USD. Net income FY2024 774.04M USD. Net income FY2025 349.66M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue2.35B USD2.87B USD2.67B USD1.93B USD811.22M USD
Cost of goods sold1.93B USD2.02B USD1.82B USD1.09B USD623.64M USD
Gross profit423.2M USD849.63M USD852.14M USD840.42M USD187.57M USD
Selling, general, and administrative87.37M USD50.61M USD42.82M USD37.77M USD16.01M USD
Operating expenses87.37M USD43.9M USD−5.81M USD17.21M USD192.43M USD
Interest income13.89M USD15.41M USD17.63M USD1.54M USD2.29M USD
Interest expense59.8M USD60.55M USD77.39M USD94.23M USD45.61M USD
Depreciation and amortization208.07M USD215.11M USD211.03M USD209.22M USD151.68M USD
Operating income335.83M USD805.73M USD857.95M USD823.21M USD−4.86M USD
Net income349.66M USD774.04M USD793.28M USD751.59M USD−55.49M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
82%
9 beats, 1 miss, 1 met estimate
Average EPS surprise
+9.07%
11 comparable reports
Latest EPS result
0.36
Estimate 0.3 · Beat by 21.58%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.590.430.260.1Q4 '24BeatQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26Estimate
Q4 2024, reported Nov 27, 2024: actual 0.42, estimate 0.33, surprise +27.27%, Beat. Q1 2025, reported Feb 27, 2025: actual 0.15, estimate 0.13, surprise +15.38%, Beat. Q2 2025, reported May 15, 2025: actual 0.13, estimate 0.12, surprise +8.33%, Beat. Q3 2025, reported Aug 27, 2025: actual 0.15, estimate 0.14, surprise +7.14%, Beat. Q4 2025, reported Dec 1, 2025: actual 0.18, estimate 0.22, surprise -18.18%, Miss. Q1 2026, reported Feb 26, 2026: actual 0.22, estimate 0.213, surprise +3.14%, Beat. Q2 2026, reported May 27, 2026: actual 0.36, estimate 0.296, surprise +21.58%, Beat. Q3 2026, reported Aug 28, 2026: actual —, estimate 0.549, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates757.84M574.18M390.51M206.84MQ4 '24BeatQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26Estimate
Q4 2024, reported Nov 27, 2024: actual 719.73M USD, estimate 257.97M USD, surprise +179.00%, Beat. Q1 2025, reported Feb 27, 2025: actual 532.86M USD, estimate 244.91M USD, surprise +117.57%, Beat. Q2 2025, reported May 15, 2025: actual 547.91M USD, estimate 243.35M USD, surprise +125.16%, Beat. Q3 2025, reported Aug 27, 2025: actual 554.16M USD, estimate 256.84M USD, surprise +115.76%, Beat. Q4 2025, reported Dec 1, 2025: actual 586.88M USD, estimate 265.48M USD, surprise +121.07%, Beat. Q1 2026, reported Feb 26, 2026: actual 258.97M USD, estimate 258.75M USD, surprise +0.08%, Beat. Q2 2026, reported May 27, 2026: actual 282.5M USD, estimate 298.65M USD, surprise -5.41%, Miss. Q3 2026, reported Aug 28, 2026: actual —, estimate 391.87M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$10.00

22.55% upside
Past 12 months12-month forecastHigh $10.00Average $10.00Low $10.00

Recent analyst actions

1 institution

HAFN news

businesswire.com

Hafnia's Q2 2026 Financial Results Presentation to Be Held on 28 August 2026

SINGAPORE--(BUSINESS WIRE)--Hafnia Limited (“Hafnia”, the “Company”, OSE ticker code: “HAFNI”, NYSE ticker code “HAFN”) will release its Q2 2026 results at approximately 07:30 CET on the 28th of August 2026. In…

Read source
seekingalpha.com

Buy 9 August Dividend Power Dogs

The Dividend Power strategy selects 35 high-yield, low-valuation stocks, emphasizing robust dividends and resilience in downturns. Top ten Dividend Power stocks are projected to deliver an average 53.12% net gain by…

Read source
seekingalpha.com

July Graham Value All-Stars (GVAS) Emit 10 Beaming Buys

July's GVAS Dogs list highlights ten fair-priced, high-yield large-cap stocks, including IRSA Inversiones, Weibo, Verizon, and AT&T, as ideal buys. Analyst targets project average net gains of 40.39% for the top ten GVAS…

Read source
seekingalpha.com

Dividend Power: 6 'Safer' Ideal Dogs To Buy In July

The July Dividend Power strategy highlights 35 high-yield, low-valuation stocks, with six 'safer' picks whose free cash flow covers dividends. Analyst targets project 35.4% to 69.97% net gains for the top ten Dividend…

Read source
businesswire.com

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…

Read source
seekingalpha.com

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…

Read source

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.3989

2025 complete year-62.9% since 2023

2026 partial: $0.4639

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jun 4, 2026

$0.2877

Quarterly

Record Jun 4, 2026 · Payment Jun 16, 2026

Dividend

Ex-dividend Mar 6, 2026

$0.1762

Irregular

Record Mar 6, 2026 · Payment Mar 13, 2026

Dividend

Ex-dividend Dec 9, 2025

$0.147

Quarterly

Record Dec 9, 2025 · Payment Dec 16, 2025

Dividend

Ex-dividend Sep 4, 2025

$0.121

Quarterly

Record Sep 4, 2025 · Payment Sep 10, 2025

Dividend

Ex-dividend May 23, 2025

$0.1015

Quarterly

Record May 23, 2025 · Payment May 30, 2025

Dividend

Ex-dividend Mar 7, 2025

$0.0294

Irregular

Record Mar 7, 2025 · Payment Mar 13, 2025

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ETFs holding HAFN

Funds reporting this stock among their holdings, ordered by reported position size.

Tweedy, Browne Insider + Value ETF logoTweedy, Browne Insider + Value ETFCOPY
Market value
2.99M
Weight
0.72%
AUM
314.33M USD
Expense ratio
0.89%
Price / 1D
$15.91+0.89%
Tweedy, Browne International Insider + Value ETF logoTweedy, Browne International Insider + Value ETFICPY
Market value
809.21K
Weight
1.02%
AUM
69.18M USD
Expense ratio
0.80%
Price / 1D
$13.21+0.96%
U.S. Global Sea to Sky Cargo ETF logoU.S. Global Sea to Sky Cargo ETFSEA
Market value
323.2K
Weight
1.88%
AUM
15.53M USD
Expense ratio
0.60%
Price / 1D
$20.25+2.84%

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