Hafnia (HAFN) EBITDA (2023 - 2025)

Hafnia (HAFN) reported EBITDA of $149.7 million for Q4 2025, up 14.15% year-over-year from $131.2 million in Q4 2024, and little changed quarter-over-quarter from $150.5 million in Q3 2025.

Hafnia (HAFN) EBITDA (2023 - 2025) Analysis & Trends

Hafnia (HAFN) has 3 years of EBITDA data on file, last reported at $149.7 million in Q4 2025.

  • EBITDA for Q4 2025 came in at $149.7 million, up 14.15% year-over-year; the trailing twelve-month figure through Dec 2025 was $457.4 million (down 50.87% YoY), and the FY2025 annual result was $559.5 million, down 43.62% from the prior year.
  • EBITDA held at $149.7 million in Q4 2025 per HAFN's latest filing, from $150.5 million in the prior quarter.
  • Over five years, EBITDA peaked at $296.0 million in Q1 2023 and troughed at -$21.6 million in Q4 2023.
  • A 3-year average of $170.4 million and a median of $154.9 million in 2023 frame the typical range for EBITDA.
  • The sharpest annual moves came in 2024 and 2025: EBITDA surged 706.76% in 2024, then tumbled 87.45% in 2025.
  • A 3-year view of EBITDA shows it stood at -$21.6 million in 2023, then surged by 706.76% to $131.2 million in 2024, then grew by 14.15% to $149.7 million in 2025.
  • Business Quant data shows HAFN's EBITDA at $149.7 million in Q4 2025, $150.5 million in Q3 2025, and $32.1 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 C3is 744.65 Bn 744.65 Bn 9.11 Mn 6.90 Mn
2 Kirby 7.86 Bn 7.78 Bn 291.34 Mn -267.60 Mn
3 Matson 5.69 Bn 5.59 Bn - 56.10 Mn
4 Hafnia 3.63 Bn 3.52 Bn 152.41 Mn 149.74 Mn
5 Star Bulk Carriers 3.14 Bn 3.13 Bn 371.22 Mn 76.74 Mn
6 ZIM Integrated Shipping Services 3.12 Bn 1.01 Bn 57.20 Mn -325.90 Mn
7 Costamare 1.93 Bn 1.42 Bn - 97.31 Mn
8 Navios Maritime Partners 1.87 Bn 1.47 Bn 262.01 Mn 204.11 Mn
9 Global Ship Lease 1.37 Bn 1.37 Bn - 97.42 Mn
10 Capital Clean Energy Carriers 1.33 Bn 792.93 Mn 78.44 Mn 43.68 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 149.74 Mn
Sep 30, 2025 150.48 Mn
Jun 30, 2025 32.11 Mn
Mar 31, 2025 125.09 Mn
Dec 31, 2024 131.17 Mn
Sep 30, 2024 257.01 Mn
Jun 30, 2024 255.79 Mn
Mar 31, 2024 287.05 Mn
Dec 31, 2023 -21.62 Mn
Sep 30, 2023 159.41 Mn
Jun 30, 2023 223.02 Mn
Mar 31, 2023 296.01 Mn