Hafnia (HAFN) Gross Margin (2023 - 2025)
Hafnia (HAFN) reported Gross Margin of 67.88% for Q4 2025, up 627.0% year-over-year from 9.34% in Q4 2024, and up 117.17% quarter-over-quarter from 395.27% in Q3 2025.
Hafnia (HAFN) Gross Margin (2023 - 2025) Analysis & Trends
Hafnia (HAFN) has 3 years of Gross Margin data on file, last reported at 67.88% in Q4 2025.
- Gross Margin for Q4 2025 came in at 67.88%, up 627.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 55.71% (down 1541.0% YoY), and the FY2025 annual result was 4651.68%, down 748968.0% from the prior year.
- Gross Margin improved to 67.88% in Q4 2025 per HAFN's latest filing, from 395.27% in the prior quarter.
- Over five years, Gross Margin peaked at 482.54% in Q2 2025 and troughed at 395.27% in Q3 2025.
- A 3-year average of 61.53% and a median of 68.11% in 2024 frame the typical range for Gross Margin.
- On a YoY basis, Gross Margin climbed as much as 40843 bps in 2025 and fell as far as 46362 bps in 2025.
- A 3-year view of Gross Margin shows it stood at 70.75% in 2023, then fell by 13 bps to 61.61% in 2024, then increased by 10 bps to 67.88% in 2025.
- Business Quant data shows HAFN's Gross Margin at 67.88% in Q4 2025, 395.27% in Q3 2025, and 482.54% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | 78.71% |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 34.20% |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | - |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | 67.88% |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 123.50% |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | 4.10% |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | - |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | 73.39% |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | - |
| 10 | Capital Clean Energy Carriers | 1.33 Bn | 792.93 Mn | 78.44 Mn | 80.04% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 67.88% |
| Sep 30, 2025 | -395.27% |
| Jun 30, 2025 | 482.54% |
| Mar 31, 2025 | 67.19% |
| Dec 31, 2024 | 61.61% |
| Sep 30, 2024 | 68.35% |
| Jun 30, 2024 | 74.12% |
| Mar 31, 2024 | 73.54% |
| Dec 31, 2023 | 70.75% |
| Sep 30, 2023 | 65.87% |
| Jun 30, 2023 | 70.60% |
| Mar 31, 2023 | 31.19% |