Hafnia (HAFN) Capital Expenditures (2023 - 2025)

Hafnia (HAFN) reported Capital Expenditures of -$33.9 million for Q4 2025, down 155.97% year-over-year from $60.5 million in Q4 2024, and up 23.05% quarter-over-quarter from -$44.0 million in Q3 2025.

Hafnia (HAFN) Capital Expenditures (2023 - 2025) Analysis & Trends

Hafnia (HAFN) has 3 years of Capital Expenditures data on file, last reported at -$33.9 million in Q4 2025.

  • Capital Expenditures for Q4 2025 came in at -$33.9 million, down 155.97% year-over-year; the trailing twelve-month figure through Dec 2025 was -$146.2 million (down 194.75% YoY), and the FY2025 annual result was $146.2 million, up 194.76% from the prior year.
  • Capital Expenditures advanced to -$33.9 million in Q4 2025 per HAFN's latest filing, from -$44.0 million in the prior quarter.
  • Over five years, Capital Expenditures peaked at $2.1 million in Q1 2023 and troughed at -$93.8 million in Q2 2023.
  • A 3-year average of -$31.3 million and a median of -$30.6 million in 2025 frame the typical range for Capital Expenditures.
  • On a YoY basis, Capital Expenditures climbed as much as 85.82% in 2024 and fell as far as 847.69% in 2024.
  • A 3-year view of Capital Expenditures shows it stood at -$46.1 million in 2023, then soared by 71.29% to -$13.2 million in 2024, then tumbled by 155.97% to -$33.9 million in 2025.
  • Business Quant data shows HAFN's Capital Expenditures at -$33.9 million in Q4 2025, -$44.0 million in Q3 2025, and -$41.0 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 C3is 744.65 Bn 744.65 Bn 9.11 Mn -
2 Kirby 7.86 Bn 7.78 Bn 291.34 Mn 47.03 Mn
3 Matson 5.69 Bn 5.59 Bn - 18.00 Mn
4 Hafnia 3.63 Bn 3.52 Bn 152.41 Mn -33.86 Mn
5 Star Bulk Carriers 3.14 Bn 3.13 Bn 371.22 Mn 84.20 Mn
6 ZIM Integrated Shipping Services 3.12 Bn 1.01 Bn 57.20 Mn -31.30 Mn
7 Costamare 1.93 Bn 1.42 Bn - -16.38 Mn
8 Navios Maritime Partners 1.87 Bn 1.47 Bn 262.01 Mn -119.59 Mn
9 Global Ship Lease 1.37 Bn 1.37 Bn - -
10 Capital Clean Energy Carriers 1.33 Bn 792.93 Mn 78.44 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 -33.86 Mn
Dec 31, 2025 -33.86 Mn
Sep 30, 2025 -44.00 Mn
Sep 30, 2025 -44.00 Mn
Jun 30, 2025 -41.02 Mn
Jun 30, 2025 -41.02 Mn
Mar 31, 2025 -27.32 Mn
Mar 31, 2025 -27.32 Mn
Dec 31, 2024 -13.23 Mn
Dec 31, 2024 -13.23 Mn
Sep 30, 2024 -7.70 Mn
Sep 30, 2024 -7.70 Mn
Jun 30, 2024 -13.31 Mn
Jun 30, 2024 -13.31 Mn
Mar 31, 2024 -15.37 Mn
Mar 31, 2024 -15.37 Mn
Dec 31, 2023 -46.07 Mn
Dec 31, 2023 -46.07 Mn
Sep 30, 2023 -42.42 Mn
Sep 30, 2023 -42.42 Mn