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HAFN logoHafnia Limited (HAFN) Earnings History

Annual and quarterly earnings data from 2016 to 2025

TTM Net Income
$340M
Profitable
TTM EPS
$0.67
Diluted
YoY EPS Growth
-54.0%
Declining
Net Margin
14.9%
Profitability
Operating Margin14.3%
Gross Margin18.0%
ROE15.2%
ROA9.3%
Highest Annual Net Income$793M (2023)
Highest Quarterly EPS$0.56 (Q4 2022)
Consecutive Profitable Years4 years
Q4 2025
Net Income$110M
EPS$0.22
QoQ Growth+19.9%Strong

Loading earnings history...

HAFN EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
-54.0%
Declining
3-Year
-23.0%
Declining
5-Year
+8.9%
Solid
10-Year
N/A
N/M

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

HAFN Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202518.0%14.3%14.9%
202429.6%28.1%27.0%
202331.9%32.1%29.7%
202243.6%42.7%39.0%
202123.1%-0.6%-6.8%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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Hafnia Limited (HAFN) Earnings Overview

As of May 8, 2026, Hafnia Limited (HAFN) reported trailing twelve-month net income of $340M, reflecting -54.0% year-over-year growth. The company earned $0.67 per diluted share over the past four quarters, with a net profit margin of 14.9%.

Looking at the long-term picture, HAFN's 5-year EPS compound annual growth rate (CAGR) stands at +8.9%, showing solid earnings momentum. The company achieved its highest annual net income of $793M in fiscal 2023.

Hafnia Limited maintains positive profitability with a gross margin of 18.0%, operating margin of 14.3%, and net margin of 14.9%. The company continues to generate positive earnings from operations. View revenue history →

Compared to peers including STNG ($502M net income, 36.7% margin), TRMD ($277M net income, 39.3% margin), INSW ($546M net income, 36.7% margin), HAFN has room to improve margins relative to the peer group. Compare HAFN vs STNG →

HAFN Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
HAFN logoHAFNCurrent
$340M$0.6714.9%15.2%-54.0%—
STNG logoSTNG
$502M$10.0436.7%11.4%-46.5%
TRMD logoTRMD
$277M$2.7539.3%32.7%-15.0%
INSW logoINSW
$546M$10.9836.7%16.0%-25.7%
ASC logoASC
$41M$1.0013.2%6.5%-71.2%
FRO logoFRO
$218M$0.9824.2%21.5%-24.4%
Best in group
Lowest in group

HAFN Historical Earnings Data (2016–2025)

10 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$350M-54.8%$336M$0.6914.9%14.3%
2024$774M-2.4%$806M$1.5027.0%28.1%
2023$793M+5.5%$858M$1.5629.7%32.1%
2022$752M+1454.4%$823M$1.5139.0%42.7%
2021-$55M-137.3%-$5M$-0.15-6.8%-0.6%
2020$149M+107.4%$194M$0.4517.0%22.1%
2019$72M+462.6%$146M$0.218.7%17.6%
2018-$20M-767.6%$12M$-0.15-5.4%3.3%
2017$3M+101.6%$30M$0.030.9%8.6%
2016-$187M--$166M$0.07-61.7%-55.0%

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Compare HAFN vs SPIR

Side-by-side business, growth, and profitability comparison vs Spire Global, Inc..

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HAFN — Frequently Asked Questions

Quick answers to the most common questions about buying HAFN stock.

Is HAFN growing earnings?

HAFN EPS fell to $0.67, with earnings declining -54.0%. This contrasts with the 5-year CAGR of +8.9%. TTM net income dropped to $340M.

What are HAFN's profit margins?

Hafnia Limited net margin is +14.9%, with operating margin at +14.3%. Margins sit within typical range for the sector.

How consistent are HAFN's earnings?

HAFN earnings data spans 2016-2025. The declining earnings trend is -54.0% YoY. Historical data enables comparison across business cycles.

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HAFN Earnings Over Time (2016–2025)

Net income and EPS trends