Hafnia (HAFN) Gross Margin (2023 - 2026)
Hafnia (HAFN) reported Gross Margin of 45.71% for the quarter ended Jun 30, 2026, up 4.00 percentage points from 41.71% a year earlier but down 23.39 percentage points from the prior quarter.
Hafnia (HAFN) Gross Margin (2023 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Hafnia's Gross Margin came in at 55.03%, up 4.32 percentage points year-over-year; for the year ended Dec 31, 2025, it was 41.89%, down 6.61 percentage points from the prior year.
- Gross Margin has declined for three consecutive years, with a three-year change of -28.01 percentage points (years ended Dec 2022 to Dec 2025).
- By year, Gross Margin came in at 48.50% in the year ended Dec 31, 2024 (-2.65 pp), 51.15% in the year ended Dec 31, 2023 (-18.75 pp) and 69.90% in the year ended Dec 31, 2022.
- Five-year quarterly Gross Margin spans a low of 41.71% in the quarter ended Jun 30, 2025 and a high of 74.12% in the quarter ended Jun 30, 2024.
- Year over year, Gross Margin has now increased in each of the last three quarters, with an average year-over-year change of -3.30 percentage points over the last eight quarters.
- The high point for year-over-year Gross Margin in five years was the quarter ended Mar 31, 2024 (a gain of 13.49 percentage points); the low point was the quarter ended Jun 30, 2025 (a drop of 32.40 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 69.10% (quarter ended Mar 31, 2026), 64.30% (quarter ended Dec 31, 2025) and 63.59% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | - |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | - |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | - |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | - |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | - |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | - |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | - |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | - |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 61.47% |
| 10 | Hafnia | 4.55 Bn | 3.80 Bn | 372.91 Mn | 45.71% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 45.71% |
| Mar 31, 2026 | 69.10% |
| Dec 31, 2025 | 64.30% |
| Sep 30, 2025 | 63.59% |
| Jun 30, 2025 | 41.71% |
| Mar 31, 2025 | 58.46% |
| Dec 31, 2024 | 53.35% |
| Sep 30, 2024 | 63.79% |
| Jun 30, 2024 | 74.12% |
| Mar 31, 2024 | 67.99% |
| Dec 31, 2023 | 65.22% |
| Sep 30, 2023 | 61.79% |
| Jun 30, 2023 | 65.43% |
| Mar 31, 2023 | 54.50% |
Hafnia Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=HAFN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "HAFN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=HAFN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();