profit from every $100 of sales.
$0$100
Hafnia
$9.59-0.31% today
+45.3% in 1 year
1-year low $5.211-year high $11.06
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $15.11 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Hafnia sold, what it kept, and what it did with the cash.
Sales went from $1.93 billion in 2022 to $2.28 billion in 2025, with $340 million of profit last year.
SalesProfit
Hafnia handed back 50% of the cash it generated last year.
$199M
Free cash flow 2025$457M
Bought back its own shares$28M
Paid as dividends$199M
Cash vs. debt$104M vs. $1.1B
Hafnia vs. similar companies
Hafnia grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Hafnia | 15.1× · Fair price | ||
 Adani Ports and Special Economic Zone | 34.2× · Expensive | ||
 A.P. Møller - Mærsk | 16.0× · Fair price | ||
 Cosco Shipping | 7.1× · Cheap | ||
 Hapag-Lloyd | 24.8× · Fair price |
AI analysis
An AI analyst reads Hafnia's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 1,927 | 2,672 | 2,869 | 2,282 | |
| 840 | 852 | 850 | 438 | |
| 798 | 802 | 777 | 357 | |
| 1,059 | 1,088 | 1,046 | 594 | |
| 752 | 793 | 774 | 340 | |
| 1.54 | 1.56 | 1.50 | 0.67 | |
| 43.6% | 31.9% | 29.6% | 19.2% | |
| 41.4% | 30.0% | 27.1% | 15.7% | |
| 39.0% | 29.7% | 27.0% | 14.9% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 3,945 | 3,914 | 3,702 | 3,812 |
| Cash | 174 | 142 | 195 | 104 |
| Total debt | 1,775 | 1,292 | 1,122 | 1,123 |
| Total liabilities | 1,936 | 1,686 | 1,440 | 1,482 |
| 2,009 | 2,228 | 2,263 | 2,330 | |
| 489 | 509 | 515 | 504 | |
| 17.7% | 19.7% | 19.4% | 9.0% | |
| 37.4% | 35.6% | 34.2% | 14.6% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 771 | 1,061 | 1,030 | 603 | |
| 447 | 184 | 50 | 146 | |
| 324 | 876 | 981 | 457 | |
| Dividends paid | 244 | 544 | 700 | 199 |
| 0 | 0 | 49 | 28 | |
| 2 | 3 | 3 | 3 |
Valuation
- 15.1×
- 8.3×
- –
- 2.3×
- 2.2×
- 11.2×
- 10.4×
- 8.9%
- 6.6%
- 6.1%
Profitability
- 19.2%
- 15.7%
- 14.9%
- 24.9%
- 9.2%
- 16.9%
- 14.7%
- 8.9%
- 10.8%
- –
Growth
- +5.8%
- −24.2%
- −58.0%
- +8.1%
- +1.0%
Financial health
- 1.7×
- 0.48
- 29.9%
- 7.9×
- 1.48
- 1.40
- 0.60
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 42%of 984
Top 21%of 987
Top 28%of 875
Bottom 46%of 988
Top 18%of 987
What analysts expect
- Average price target
- $10.00
- Range
- $10.00 – $10.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Feb 26, 2026 | 0.22 | 0.21 | +3.1% |
| Dec 1, 2025 | 0.18 | 0.22 | −18.2% |
| Aug 27, 2025 | 0.15 | 0.14 | +7.1% |
| May 15, 2025 | 0.13 | 0.12 | +8.3% |
| Feb 27, 2025 | 0.15 | 0.13 | +15.4% |
| Nov 27, 2024 | 0.42 | 0.33 | +27.3% |
| Aug 23, 2024 | 0.51 | 0.42 | +21.4% |
| May 15, 2024 | 0.43 | 0.43 | +0.0% |
6.1%of the share price, paid each year
On $1,000 invested$61a year at today's yield, before tax
+8.1%2020 to 2025
Raised–not every year
Paid per share, each year
$0.27 in 2020 → $0.40 in 2025
How safe it looks
58.5% of its profit
Room to growStretchedMore than it earns: 43.5%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
2/7Passes 2 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
60Pass
Benjamin Graham
64Pass
Philip Fisher
47No pass
Peter Lynch
33No pass
Joel Greenblatt
37No pass
Charlie Munger
54No pass
Terry Smith
52No pass
Questions about Hafnia
Is Hafnia a good stock to buy?
A solid business at a fair price. 2 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Hafnia AI analysis
What does Hafnia do?
Hafnia Limited., an investment holding company, owns and operates oil product tankers in Bermuda. It operates through Long Range II, Long Range I, Medium Range (MR), and Handy Size segments. It is in Marine Shipping, based in Singapore, Singapore, with 4,000 employees.
Does Hafnia pay a dividend?
Yes. At today's price the dividend is 6.1% a year, about 58% of its yearly profit. In 2025 it paid out $199 million in dividends.
Is Hafnia stock halal?
Yes. Hafnia passes our halal screen: its business is permitted and its debt is 22% of its market value, under the 30% limit. How we check
How has Hafnia stock done over the past year?
Up 45.3% over the past twelve months, to $9.59. It traded between $5.21 and $11.06 and is 13.3% below its high.
Who are Hafnia's competitors?
The largest listed companies in the same industry are Adani Ports and Special Economic Zone, A.P. Møller - Mærsk, Cosco Shipping and Hapag-Lloyd. The peers table on this page compares their profit, growth and price with Hafnia's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.