Hafnia (HAFN) Net Margin (2023 - 2025)
Hafnia (HAFN) posted quarterly Net Margin of 33.77% for Q4 2025, down 1287.0% year-over-year from 2.84% in Q4 2024, and down 17.64% quarter-over-quarter from 41.0% in Q3 2025.
Hafnia (HAFN) Net Margin (2023 - 2025) Analysis & Trends
Hafnia (HAFN) has reported Net Margin for 3 consecutive years, with 33.77% the latest figure, recorded in Q4 2025.
- In Q4 2025, Net Margin fell 1287.0% year-over-year to 33.77%; the TTM figure through Dec 2025 stood at 29.98% (down 3199.0% YoY), while the FY2025 annual figure was 14.89%, down 1210.0% from the prior year.
- Net Margin slipped to 33.77% in Q4 2025 per HAFN's latest filing, from 41.0% in the prior quarter.
- Across five years, Net Margin topped out at 277.23% in Q1 2023 and bottomed at 21.46% in Q2 2025.
- Historically, Net Margin has averaged 75.1% across 3 years, with a median of 55.95% in 2024.
- On a YoY basis, Net Margin climbed as much as 1478 bps in 2024 and fell as far as 19045 bps in 2024.
- Hafnia's Net Margin stood at 65.27% in 2023, then slipped by 29 bps to 46.64% in 2024, then decreased by 28 bps to 33.77% in 2025.
- Business Quant data shows HAFN's Net Margin at 33.77% in Q4 2025, 41.0% in Q3 2025, and 21.46% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 9.74% |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 13.35% |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | 49.85% |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | -6.18% |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 55.33% |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | -18,060,171.32% |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | 107.50% |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | 38.54% |
| 10 | Sfl | 1.65 Bn | 1.50 Bn | 106.91 Mn | 15.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 33.77% |
| Sep 30, 2025 | 41.00% |
| Jun 30, 2025 | 21.46% |
| Mar 31, 2025 | 28.41% |
| Dec 31, 2024 | 46.64% |
| Sep 30, 2024 | 86.29% |
| Jun 30, 2024 | 45.70% |
| Mar 31, 2024 | 86.78% |
| Dec 31, 2023 | 65.27% |
| Sep 30, 2023 | 71.50% |
| Jun 30, 2023 | 97.10% |
| Mar 31, 2023 | 277.23% |