Hafnia (HAFN) Free Cash Flow (2023 - 2025)

Hafnia (HAFN) reported Free Cash Flow of $190.6 million for Q4 2025, down 9.02% year-over-year from $209.5 million in Q4 2024, and up 16.94% quarter-over-quarter from $163.0 million in Q3 2025.

Hafnia (HAFN) Free Cash Flow (2023 - 2025) Analysis & Trends

Hafnia (HAFN) has 3 years of Free Cash Flow data on file, last reported at $190.6 million in Q4 2025.

  • Free Cash Flow for Q4 2025 came in at $190.6 million, down 9.02% year-over-year; the trailing twelve-month figure through Dec 2025 was $749.2 million (down 31.23% YoY), and the FY2025 annual result was $456.8 million, down 53.42% from the prior year.
  • Free Cash Flow improved to $190.6 million in Q4 2025 per HAFN's latest filing, from $163.0 million in the prior quarter.
  • Over five years, Free Cash Flow peaked at $376.4 million in Q3 2023 and troughed at $163.0 million in Q3 2025.
  • A 3-year average of $257.0 million and a median of $253.2 million in 2023 frame the typical range for Free Cash Flow.
  • The sharpest annual moves came in 2024 and 2025: Free Cash Flow gained 12.06% in 2024, then tumbled 44.33% in 2025.
  • A 3-year view of Free Cash Flow shows it stood at $234.1 million in 2023, then fell by 10.5% to $209.5 million in 2024, then decreased by 9.02% to $190.6 million in 2025.
  • Business Quant data shows HAFN's Free Cash Flow at $190.6 million in Q4 2025, $163.0 million in Q3 2025, and $230.1 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 C3is 744.65 Bn 744.65 Bn 9.11 Mn -
2 Kirby 7.86 Bn 7.78 Bn 291.34 Mn 265.18 Mn
3 Matson 5.69 Bn 5.59 Bn - 76.00 Mn
4 Hafnia 3.63 Bn 3.52 Bn 152.41 Mn 190.61 Mn
5 Star Bulk Carriers 3.14 Bn 3.13 Bn 371.22 Mn 16.89 Mn
6 ZIM Integrated Shipping Services 3.12 Bn 1.01 Bn 57.20 Mn 294.00 Mn
7 Costamare 1.93 Bn 1.42 Bn - 128.79 Mn
8 Navios Maritime Partners 1.87 Bn 1.47 Bn 262.01 Mn 246.23 Mn
9 Global Ship Lease 1.37 Bn 1.37 Bn - 80.28 Mn
10 Capital Clean Energy Carriers 1.33 Bn 792.93 Mn 78.44 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 190.61 Mn
Dec 31, 2025 190.61 Mn
Sep 30, 2025 162.99 Mn
Sep 30, 2025 162.99 Mn
Jun 30, 2025 230.14 Mn
Jun 30, 2025 230.14 Mn
Mar 31, 2025 165.51 Mn
Mar 31, 2025 165.51 Mn
Dec 31, 2024 209.49 Mn
Dec 31, 2024 209.49 Mn
Sep 30, 2024 292.78 Mn
Sep 30, 2024 292.78 Mn
Jun 30, 2024 314.87 Mn
Jun 30, 2024 314.87 Mn
Mar 31, 2024 272.33 Mn
Mar 31, 2024 272.33 Mn
Dec 31, 2023 234.07 Mn
Dec 31, 2023 234.07 Mn
Sep 30, 2023 376.44 Mn
Sep 30, 2023 376.44 Mn