Hafnia (HAFN) Free Cash Flow (2023 - 2025)
Hafnia (HAFN) posted quarterly Free Cash Flow of $193.6 million for Q4 2025, down 7.99% year-over-year from $210.4 million in Q4 2024, and up 19.38% quarter-over-quarter from $162.1 million in Q3 2025.
Hafnia (HAFN) Free Cash Flow (2023 - 2025) Analysis & Trends
Hafnia (HAFN) has reported Free Cash Flow for 3 consecutive years, with $193.6 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Free Cash Flow fell 7.99% year-over-year to $193.6 million; the TTM figure through Dec 2025 stood at $749.1 million (down 30.64% YoY), while the FY2025 annual figure was $456.8 million, down 53.87% from the prior year.
- Free Cash Flow advanced to $193.6 million in Q4 2025 per HAFN's latest filing, from $162.1 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $375.9 million in Q3 2023 and bottomed at $162.1 million in Q3 2025.
- Historically, Free Cash Flow has averaged $247.1 million across 3 years, with a median of $233.9 million in 2023.
- Annual changes were most pronounced in 2024 — Free Cash Flow climbed 12.4% — and 2025, when it slumped 44.42%.
- Hafnia's Free Cash Flow stood at $233.9 million in 2023, then retreated by 10.05% to $210.4 million in 2024, then decreased by 7.99% to $193.6 million in 2025.
- Business Quant data shows HAFN's Free Cash Flow at $193.6 million in Q4 2025, $162.1 million in Q3 2025, and $228.7 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | -14.40 Mn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | -31.90 Mn |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | 190.61 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | 294.00 Mn |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 204.36 Mn |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | 190.41 Mn |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | 246.23 Mn |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | -258.91 Mn |
| 10 | Sfl | 1.65 Bn | 1.50 Bn | 106.91 Mn | 34.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 193.56 Mn |
| Dec 31, 2025 | 193.56 Mn |
| Sep 30, 2025 | 162.14 Mn |
| Sep 30, 2025 | 162.14 Mn |
| Jun 30, 2025 | 228.71 Mn |
| Jun 30, 2025 | 228.71 Mn |
| Mar 31, 2025 | 164.68 Mn |
| Mar 31, 2025 | 164.68 Mn |
| Dec 31, 2024 | 210.37 Mn |
| Dec 31, 2024 | 210.37 Mn |
| Sep 30, 2024 | 291.75 Mn |
| Sep 30, 2024 | 291.75 Mn |
| Jun 30, 2024 | 313.96 Mn |
| Jun 30, 2024 | 313.96 Mn |
| Mar 31, 2024 | 263.88 Mn |
| Mar 31, 2024 | 263.88 Mn |
| Dec 31, 2023 | 233.86 Mn |
| Dec 31, 2023 | 233.86 Mn |
| Sep 30, 2023 | 375.94 Mn |
| Sep 30, 2023 | 375.94 Mn |