Hafnia (HAFN) Operating Margin (2023 - 2025)

Hafnia's (HAFN) quarterly Operating Margin came in at 48.93% in Q4 2025, down 198.0% year-on-year from 49.93% in Q4 2024, and up 6.58% on a QoQ basis from 45.91% in Q3 2025.

Hafnia (HAFN) Operating Margin (2023 - 2025) Analysis & Trends

Hafnia (HAFN) has 3 years of Operating Margin data on file, last reported at 48.93% in Q4 2025.

  • On a quarterly basis, Operating Margin fell 198.0% year-over-year to 48.93% in Q4 2025; TTM through Dec 2025 was 36.99%, a 2861.0% decrease from a year earlier, with the FY2025 full-year figure at 16.2%, down 1189.0% from the prior year.
  • Operating Margin for Q4 2025 stood at 48.93%, up from 45.91% in the prior quarter.
  • Over the last five years, Operating Margin for HAFN reached as high as 298.76% in Q1 2023 and fell as low as 23.98% in Q2 2025.
  • Historically, Operating Margin has averaged 83.34% across 3 years, with a median of 64.46% in 2023.
  • On a YoY basis, Operating Margin climbed as much as 1838 bps in 2024 and fell as far as 21023 bps in 2024.
  • Year by year, Operating Margin stood at 78.0% in 2023, then plunged by 35 bps to 50.91% in 2024, then retreated by 4 bps to 48.93% in 2025.
  • Per Business Quant data, the three most recent Operating Margin figures were 48.93% in Q4 2025, 45.91% in Q3 2025, and 23.98% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Globus Maritime 58.32 Bn 58.29 Bn 8,083.00 92.57%
2 Kirby 8.01 Bn 7.93 Bn 291.34 Mn 15.22%
3 Matson 6.14 Bn 6.04 Bn - 8.10%
4 Hafnia 3.76 Bn 3.65 Bn 152.41 Mn 48.93%
5 Star Bulk Carriers 3.21 Bn 2.72 Bn 244.45 Mn 6.85%
6 ZIM Integrated Shipping Services 2.91 Bn 1.02 Bn 57.20 Mn -1.31%
7 Danaos 2.53 Bn 1.66 Bn 203.71 Mn 86.60%
8 Okeanis Eco Tankers 2.24 Bn 2.11 Bn 157,933.95 Bn 57.62%
9 Costamare 1.85 Bn 1.21 Bn 195.64 Mn 46.10%
10 Sfl 1.62 Bn 1.46 Bn 66.27 Mn -47.34%

Historic Data

Download Data
DateValue
Dec 31, 2025 48.93%
Sep 30, 2025 45.91%
Jun 30, 2025 23.98%
Mar 31, 2025 36.36%
Dec 31, 2024 50.91%
Sep 30, 2024 98.72%
Jun 30, 2024 46.55%
Mar 31, 2024 88.53%
Dec 31, 2023 78.00%
Sep 30, 2023 80.34%
Jun 30, 2023 103.04%
Mar 31, 2023 298.76%