Hafnia (HAFN) EBITDA Margin (2023 - 2025)
Hafnia (HAFN) posted quarterly EBITDA Margin of 66.68% for Q4 2025, down 617.0% year-over-year from 12.9% in Q4 2024, and down 2.34% quarter-over-quarter from 68.28% in Q3 2025.
Hafnia (HAFN) EBITDA Margin (2023 - 2025) Analysis & Trends
Hafnia (HAFN) has reported EBITDA Margin for 3 consecutive years, with 66.68% the latest figure, recorded in Q4 2025.
- In Q4 2025, EBITDA Margin fell 617.0% year-over-year to 66.68%; the TTM figure through Dec 2025 stood at 45.79% (down 3502.0% YoY), while the FY2025 annual figure was 24.52%, down 1007.0% from the prior year.
- EBITDA Margin declined to 66.68% in Q4 2025 per HAFN's latest filing, from 68.28% in the prior quarter.
- Across five years, EBITDA Margin topped out at 315.05% in Q1 2023 and bottomed at 9.27% in Q2 2025.
- Historically, EBITDA Margin has averaged 99.88% across 3 years, with a median of 87.1% in 2023.
- On a YoY basis, EBITDA Margin climbed as much as 976 bps in 2024 and fell as far as 20595 bps in 2024.
- Hafnia's EBITDA Margin stood at 101.34% in 2023, then fell by 28 bps to 72.85% in 2024, then slipped by 8 bps to 66.68% in 2025.
- Business Quant data shows HAFN's EBITDA Margin at 66.68% in Q4 2025, 68.28% in Q3 2025, and 9.27% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 13.27% |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 16.39% |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | 66.68% |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | -23.34% |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 33.15% |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | 68.94% |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | 59.58% |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | 96.95% |
| 10 | Sfl | 1.65 Bn | 1.50 Bn | 106.91 Mn | 18.19% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 66.68% |
| Sep 30, 2025 | 68.28% |
| Jun 30, 2025 | 9.27% |
| Mar 31, 2025 | 60.27% |
| Dec 31, 2024 | 72.85% |
| Sep 30, 2024 | 115.85% |
| Jun 30, 2024 | 56.31% |
| Mar 31, 2024 | 109.10% |
| Dec 31, 2023 | 101.34% |
| Sep 30, 2023 | 106.09% |
| Jun 30, 2023 | 117.43% |
| Mar 31, 2023 | 315.05% |