INSW vs SFL vs HAFN Stock Comparison

International Seaways, Sfl and Hafnia Prices as of Oct 28, 2026 Peers: Industry group
SFL SFL Corp Ltd.
$12.78 -0.5% 1M +75.1% 1Y
Market cap
$1.85B
P/E
26.2x
Revenue (TTM)
—
Div. yield
6.57%
Marine Shipping Industrials
1 win
HAFN Hafnia Ltd
$10.84 +18.7% 1M +70.7% 1Y
Market cap
$5.40B
P/E
5.1x
Revenue (TTM)
$1.52B
Div. yield
10.33%
Marine Shipping Industrials
3 wins

Head to Head

12 decided of 12

International Seaways leads on 8 of the 12 questions below (International Seaways 8, Hafnia 3, Sfl 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionINSWSFLHAFNLeader
Larger companyMarket capitalisation $5.54B $1.85B $5.40B INSW
Cheaper on earningsLower P/E, profitable companies only 7.1x 26.2x 5.1x HAFN
Cheaper on forward earningsLower price / next fiscal year consensus EPS 6.4x 23.2x 7.5x INSW
Faster revenue growthRevenue growth, trailing twelve months +57.4% — +30.5% INSW
More profitableNet margin, trailing twelve months 62.0% — 70.2% HAFN
Better return on capitalReturn on invested capital 28.3% — 19.3% INSW
Less leveragedLower net debt / EBITDA 0.2x 6.1x 0.7x INSW
Higher dividend yieldTrailing dividend yield 7.21% 6.57% 10.33% HAFN
Better 1-year returnPrice return, last 12 months +125.3% +75.1% +70.7% INSW
Better 5-year returnAnnualised price return, 5 years +44.9%/yr +10.1%/yr — INSW
Less volatileAnnualised volatility, 1 year 40.0% 30.9% 36.6% SFL
Higher overall scoreMean of the five percentile scores vs peers 82/100 45/100 74/100 INSW

Percentile Scorecard

INSWSFLHAFN

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisINSWSFLHAFN
Valuation 46 #74 of 136 30 #95 of 136 66 #47 of 136
Growth 80 #25 of 122 56 #54 of 122 68 #40 of 122
Profitability 97 #4 of 116 – 92 #10 of 116
Financial Health 90 #15 of 143 6 #134 of 143 78 #33 of 143
Shareholder Returns 95 #5 of 81 89 #10 of 81 68 #27 of 81
Overall 82 45 74
  • INSW ranked among 150 companies in Transportation
  • SFL ranked among 150 companies in Transportation
  • HAFN ranked among 150 companies in Transportation

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodINSWSFLHAFNSPY
1 month +3.2%-0.5%+18.7% +0.9%
3 months +18.2%+5.4%+42.8% +5.9%
6 months +37.7%+12.7%+23.3% +8.5%
Year to date +130.3%+63.6%+103.4% +13.3%
1 year +125.3%+75.1%+70.7% +12.4%
3 years +127.2%+18.2%+66.9% +88.1%
3 years, per year +31.5%+5.7%+18.6% +23.5%
5 years +537.2%+61.6%— +68.2%
5 years, per year +44.9%+10.1%— +11.0%
10 years —+0.1%— +263.4%
10 years, per year —+0.0%— +13.8%

Risk

MeasureINSWSFLHAFNSPY
Volatility, 1Y 40.0%30.9%36.6% 12.7%
Downside volatility, 1Y 37.5%29.1%38.7% 12.7%
Beta vs S&P 500, 1Y 0.300.370.14 1.00
Return / volatility, 1Y 3.132.431.93 0.98
Max drawdown, 5Y -55.8%-52.6%-59.2% -25.4%
From 52-week high -10.5%-7.0%-0.8% -0.9%
52-week high $125.00$13.74$10.93 $779.14
52-week low $46.81$7.19$5.21 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleINSWSFLHAFN
P/E now vs peer median 7.1xmedian 16.1x 26.2xmedian 16.1x 5.1xmedian 16.1x
P/S now vs peer median 4.4xmedian 0.9x —median 0.9x 3.6xmedian 0.9x
EV/EBITDA now vs peer median 5.9xmedian 8.6x 11.1xmedian 8.6x 6.9xmedian 8.6x
P/FCF now vs peer median 20.6xmedian 11.6x —median 11.6x 6.9xmedian 11.6x
P/B now vs peer median 2.4xmedian 1.2x 1.8xmedian 1.2x 2.0xmedian 1.2x
PEG now vs peer median 1.30median 0.80 -1.45median 0.80 —median 0.80

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsINSWSFLHAFN
Revenue $1.26B – $1.52B
Gross profit – – $835.92M
Operating income $806.76M – $673.55M
Net income $779.12M $64.88M $658.69M
Free cash flow $269.32M – $781.70M
EPS (diluted) $15.62 $0.49 $2.12
Cash & equivalents $159.40M $113.10M $353.16M
Total debt $645.62M $2.38B $5.60B
Shares (diluted) 49.86M 133.06M 504.11M
Enterprise value $4.17B -$144.28B $4.48B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricINSWSFLHAFN
P/E 7.1x 26.2x 5.1x
P/FCF 20.6x – 6.9x
P/Operating cash flow 8.7x – 7.7x
P/S 4.4x – 3.6x
P/B 2.4x 1.8x 2.0x
P/Tangible book 2.4x 1.8x 2.0x
EV/EBITDA 5.9x 11.1x 6.9x
EV/EBIT 7.2x 29.1x 9.0x
EV/Revenue 4.6x – 4.0x
EV/FCF 21.4x – 7.7x
EV/Operating cash flow 9.1x – 8.6x
PEG (3Y EPS CAGR) 1.30 -1.45 –

Growth

14 metrics
MetricINSWSFLHAFN
Revenue growth (1Y) 57.4% – 30.5%
Revenue CAGR (3Y) 2.9% – –
Gross profit growth (1Y) – – 41.7%
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) 193.8% – 43.5%
Operating income CAGR (3Y) 4.1% – –
Net income growth (1Y) 226.4% 82.4% 51.8%
Net income CAGR (3Y) 5.8% -18.9% –
EPS growth (1Y) 223.8% 78.2% 22.6%
EPS CAGR (3Y) 5.5% -18.0% –
Operating cash flow growth (1Y) 67.3% – -12.7%
Operating cash flow CAGR (3Y) -2.7% – –
Free cash flow growth (1Y) 34.3% – -3.9%
Free cash flow CAGR (3Y) -14.9% – –

Profitability

14 metrics
MetricINSWSFLHAFN
Gross margin – – 55.0%
EBITDA margin 77.6% – 57.3%
Operating margin 64.2% – 44.3%
Pretax margin 61.4% – 43.4%
Net margin 62.0% – 70.2%
FCF margin 21.4% – 51.5%
Operating cash flow margin 50.4% – 46.3%
Return on equity 34.6% – 25.4%
Return on assets 26.2% – 16.5%
Return on invested capital 28.3% – 19.3%
Return on capital employed 28.7% – 20.2%
Asset turnover 0.4x – 0.4x
Cash conversion (OCF / net income) 0.8x – 1.1x
Stock comp / revenue 0.6% – 0.2%

Financial Health

11 metrics
MetricINSWSFLHAFN
Debt / assets 21.4% 67.8% 24.9%
Debt / equity 0.3x 2.3x 0.4x
Net debt / EBITDA 0.2x 6.1x 0.7x
Debt / FCF 2.4x – 1.3x
Liabilities / assets 25.0% 70.6% 33.1%
Equity / assets 75.0% 29.4% 66.9%
Interest coverage 19.7x – 26.9x
Current ratio 5.9x 0.4x 1.7x
Quick ratio 7.3x 0.4x 1.5x
Cash ratio 3.1x 0.2x 0.5x
Altman Z-score 6.32 – 3.90

Shareholder Returns

7 metrics
MetricINSWSFLHAFN
Dividend yield 7.2% 6.6% 10.3%
Net buyback yield – – -0.1%
Shareholder yield 7.2% 6.6% 10.2%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusINSWSFLHAFN
Forward P/E 6.4xFY2026 23.2xFY2026 7.5xFY2026
EPS, next fiscal year $17.52FY2026 $0.55FY2026 $1.45FY2026
EPS growth, next FY +223.2%FY2026 +450.0%FY2026 +113.2%FY2026
EPS growth, the year after -35.2% +76.4% -14.5%
Revenue, next fiscal year $1.35BFY2026 $691.35MFY2026 $1.36BFY2026
Revenue growth, next FY +64.2%FY2026 -5.7%FY2026 +42.6%FY2026
Revenue growth, the year after -10.4% +19.5% -11.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersINSWSFLHAFN
Held by institutions 81.7% 43.5% –
Institutions holding 364 223 –
Change in shares held, QoQ +5.2% +15.8% –
Institutions buying 228 133 –
Institutions selling 86 55 –
Buyers to sellers 2.65 2.42 –

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

INSWSFLHAFN
INSW 1.00 0.63 0.72
SFL 0.63 1.00 0.59
HAFN 0.72 0.59 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, INSW, SFL and HAFN?

International Seaways (INSW) is the largest by market capitalisation: International Seaways (INSW) $5.54B, Sfl (SFL) $1.85B, Hafnia (HAFN) $5.40B.

Which stock is cheaper, INSW, SFL and HAFN?

Hafnia (HAFN) trades on the lowest price-to-earnings ratio (International Seaways (INSW) 7.1x, Sfl (SFL) 26.2x, Hafnia (HAFN) 5.1x). On next year's consensus earnings, International Seaways (INSW) is cheapest (International Seaways (INSW) 6.4x, Sfl (SFL) 23.2x, Hafnia (HAFN) 7.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

International Seaways (INSW) grew revenue fastest over the trailing twelve months: International Seaways (INSW) +57.4%, Hafnia (HAFN) +30.5%.

Which company is more profitable?

Hafnia (HAFN) has the highest net margin (International Seaways (INSW) 62.0%, Hafnia (HAFN) 70.2%). On return on invested capital, International Seaways (INSW) leads (International Seaways (INSW) 28.3%, Hafnia (HAFN) 19.3%).

Which stock has performed better?

Over the past year International Seaways (INSW) returned the most: International Seaways (INSW) +125.3%, Sfl (SFL) +75.1%, Hafnia (HAFN) +70.7%. Over five years, International Seaways (INSW) compounded fastest (International Seaways (INSW) +44.9%/yr, Sfl (SFL) +10.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Hafnia (HAFN) has the highest dividend yield: International Seaways (INSW) 7.21%, Sfl (SFL) 6.57%, Hafnia (HAFN) 10.33%.

Which stock is riskier?

By one-year price volatility, Sfl (SFL) has been the steadiest (International Seaways (INSW) 40.0%, Sfl (SFL) 30.9%, Hafnia (HAFN) 36.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, INSW, SFL and HAFN?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, International Seaways (INSW) leads on 8. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.