Hafnia Ltd HAFN Stock Analysis
- NYSE
- Stock
- Market closed · opens Monday 9:30 AM ET
$9.37 up $0.03, 0.32% at close Nov 6
Last close · Previous close $9.34
- Market cap
- At the Nov 6 close
- P/E ratio
- 7.21On last 12 months’ EPS
- Diluted EPS
- $1.30Last 12 months
- Dividend yield
- 11.86%Last 12 months
Price chart
$9.37up $0.03, 0.32%Fri, Nov 6 session
Use the left and right arrow keys to move along the chart.
Price data
Trading
- Previous close$9.34Nov 5
- Volume2.58MNov 6 session
Shares traded on all US exchanges in the last completed session. Live intraday volume covers IEX only, so it is left out.
- Avg. volume2.60MLast 21 sessions
The average daily shares traded over the last 21 trading sessions, about one calendar month.
- 52-week range: $5.17 to $11.12; now $9.37
The lowest and highest trades over the past 52 weeks, adjusted for splits. The marker shows the latest price.
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
Performance
Past performance, measured to the Nov 6 close. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
HAFN beat the S&P 500 in 4 of 5 periods.
| Period | HAFN and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | HAFN: down 7.5% S&P 500: down 5.6% | HAFN trailed the S&P 500 by 1.9 percentage points Trailed |
| 3M | HAFN: up 31.0% S&P 500: down 4.1% | HAFN beat the S&P 500 by 35.1 percentage points Beat |
| YTD | HAFN: up 97.1% S&P 500: up 8.7% | HAFN beat the S&P 500 by 88.4 percentage points Beat |
| 1Y | HAFN: up 74.3% S&P 500: up 10.9% | HAFN beat the S&P 500 by 63.4 percentage points Beat |
| Long term | ||
| 5Y | HAFN: up 824.3% S&P 500: up 67.8% +56.0% vs +10.9% a year | HAFN beat the S&P 500 by 756.5 percentage points Beat |
$10,000 invested in HAFN 5 years ago (Nov 5, 2021) would be worth about $92,434 at the close on , with dividends reinvested. The same amount in the S&P 500 would be worth about $16,782.
HAFN beat the S&P 500 in 4 of 5 periods.
| Period | HAFN and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | HAFN: down 7.5% S&P 500: down 5.6% | HAFN trailed the S&P 500 by 1.9 percentage points Trailed |
| 3M | HAFN: up 24.1% S&P 500: down 4.3% | HAFN beat the S&P 500 by 28.4 percentage points Beat |
| YTD | HAFN: up 75.8% S&P 500: up 7.8% | HAFN beat the S&P 500 by 68.0 percentage points Beat |
| 1Y | HAFN: up 51.6% S&P 500: up 9.7% | HAFN beat the S&P 500 by 41.9 percentage points Beat |
| Long term | ||
| 5Y | HAFN: up 484.7% S&P 500: up 56.9% +42.4% vs +9.4% a year | HAFN beat the S&P 500 by 427.8 percentage points Beat |
$10,000 invested in HAFN 5 years ago (Nov 5, 2021) would be worth about $58,471 at the close on , not counting dividends. The same amount in the S&P 500 would be worth about $15,694.
All-time high
$11.06
Closing high on . Now 15.3% below that record.
Split-adjusted daily closes since Jun 18, 2020.
Stock splits
HAFN hasn’t split since its price history begins in 2020.
Valuation
Financials
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q2 FY26, the quarter ended Jun 30, 2026. “Last 12 months” means the four quarters from Jul 1, 2025 to Jun 30, 2026, and balance-sheet figures are as of Jun 30, 2026.
Revenue and net income
Last 12 months, with the change from the 12 months before
- Revenue
- $2.67Bup 13.3%
- Net income
- $658.69Mup 51.8%
- Diluted EPS
- $1.30up 52.9%
Data table
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| Q3 FY24 (Sep 30, 2024) | $719.73M | $215.64M | $0.42 |
| Q4 FY24 (Dec 31, 2024) | $532.86M | $79.63M | $0.15 |
| Q1 FY25 (Mar 31, 2025) | $547.91M | $63.19M | $0.13 |
| Q2 FY25 (Jun 30, 2025) | $554.16M | $75.34M | $0.15 |
| Q3 FY25 (Sep 30, 2025) | $586.88M | $91.50M | $0.18 |
| Q4 FY25 (Dec 31, 2025) | $592.96M | $109.65M | $0.21 |
| Q1 FY26 (Mar 31, 2026) | $671.22M | $179.73M | $0.36 |
| Q2 FY26 (Jun 30, 2026) | $815.78M | $277.80M | $0.55 |
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| FY21 (Dec 31, 2021) | $700.41M | −$55.49M | −$0.15 |
| FY22 (Dec 31, 2022) | $1.93B | $751.59M | $1.54 |
| FY23 (Dec 31, 2023) | $2.67B | $793.28M | $1.56 |
| FY24 (Dec 31, 2024) | $2.87B | $774.04M | $1.50 |
| FY25 (Dec 31, 2025) | $2.28B | $339.68M | $0.67 |
Margins
- Gross 30.8%
- Operating 25.3%
- Net 24.7%
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
- $941.28MLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
FCF = Operating cash flow − Capital spendingFree cash flow - Operating cash flow$703.61MLast 12 months
- Capital spending$237.68MLast 12 months
- 35.3%Last 12 months
Free cash flow as a share of revenue, both over the last 12 months.
Shareholder returns
- $8.01MLast 12 months
Cash spent repurchasing shares, net of shares issued. Buybacks shrink the share count, so each remaining share owns more of the company.
- Dividends paid$365.30MLast 12 months
- Total returned$365.30MLast 12 months
39% of free cash flow
Balance sheet
- $933.91MAs of Jun 30, 2026
Cash plus short- and long-term marketable securities on the Jun 30, 2026 balance sheet.
- Total debt$885.36MAs of Jun 30, 2026
- Net cash$48.54MAs of Jun 30, 2026
- 1.66As of Jun 30, 2026
Current assets divided by current liabilities on the Jun 30, 2026 balance sheet. Above 1 means short-term assets cover the bills due within a year.
Current ratio = Current assets ÷ Current liabilitiesCurrent ratio - 0.33As of Jun 30, 2026
Total debt divided by shareholders’ equity on the Jun 30, 2026 balance sheet: a measure of financial leverage.
D/E = Total debt ÷ Shareholders’ equityDebt-to-equity ratio
Financial strength
- 8 of 9Last 12 months
vs the 12 beforeA 0–9 checklist from accounting professor Joseph Piotroski. Each test compares the last 12 months with the 12 months before and scores a point if it passes. 8–9 is strong; 0–2 is weak.
- ✓Net income was positive: passed
- ✓Operating cash flow was positive: passed
- ✓Return on assets improved: passed
- ✓Operating cash flow exceeded net income: passed
- ✗Long-term debt fell relative to assets: not passed
- ✓Current ratio improved: passed
- ✓Share count didn’t rise: passed
- ✓Gross margin improved: passed
- ✓Asset turnover (revenue ÷ assets) improved: passed
- 26.7%Last 12 months
Over the last 12 months, Hafnia’s net income was 26.7% of its shareholders’ equity (averaged over the last four quarter-ends). It describes the past year, not an expected return.
ROE = Net income (last 12 months) ÷ Average equityReturn on equity - 17.1%Last 12 months
Over the last 12 months, Hafnia’s net income was 17.1% of its total assets (averaged over the last four quarter-ends): what the business earned on everything it owns.
ROA = Net income (last 12 months) ÷ Average total assets
Dividends
Cash dividends per share by ex-dividend year, adjusted for splits.
Dividends per share
Data table
| Year | Per share |
|---|---|
| 2016 | $0.000 |
| 2017 | $0.000 |
| 2018 | $0.000 |
| 2019 | $0.000 |
| 2020 | $0.000 |
| 2021 | $0.000 |
| 2022 | $0.49 |
| 2023 | $0.000 |
| 2024 | $1.13 |
| 2025 | $0.40 |
| 2026 (to date) | $0.96 |
Dividend details
- $1.11Per share, last 12 months
Cash dividends per share with ex-dividend dates in the last 12 months.
- Dividend yield11.86%Last 12 months
- $0.50Ex-dividend
The most recent payment per share. Shares bought on or after the ex-dividend date don’t receive it.
- FrequencyQuarterly4 payments in the last 12 months
- 85.5%Last 12 months
The share of earnings paid out as dividends over the last 12 months. Lower ratios leave more room to reinvest or raise the dividend.
Payout = Dividends per share ÷ Diluted EPS (both last 12 months)Payout ratio calculator
About Hafnia Ltd
Hafnia is one of the world's leading tanker owners, transporting oil, oil products and chemicals for major national and international oil companies, chemical companies, as well as trading and utility companies. As owners and operators of around 200 vessels, we offer a fully integrated shipping platform, including technical management, commercial and chartering services, pool management, and a large-scale bunker procurement desk. Hafnia has offices in Singapore, Copenhagen, Houston, and Dubai and currently employs over 4000 employees onshore and at sea. Hafnia is part of the BW Group, an international shipping group involved in oil and gas transportation, floating gas infrastructure, environmental technologies, and deep-water production for over 80 years. This information is subject to disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.
- Sector
- Industrials
- Industry
- Marine Shipping
- Headquarters
- Singapore
- SEC filings
- EDGAR (opens in a new tab)
- Exchange
- NYSE
- Asset type
- Common stock
- Price history since
HAFN news
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HAFN stock FAQ
What is HAFN stock’s price today?
Hafnia (HAFN) traded at $9.37 at the close on , up $0.03 (0.32%) from the previous close of $9.34. Over the past 52 weeks it has traded between $5.17 and $11.12.
If you invested $1,000 in HAFN 5 years ago, how much would you have now?
With dividends reinvested, $1,000 invested in HAFN on would be worth about $9,243 at the close on , a total return of +824.3%. The same $1,000 would be worth $1,743 if invested one year ago. Past performance doesn’t predict future returns.
What is HAFN’s P/E ratio?
HAFN trades at 7.2 times its diluted earnings over the four quarters to ($1.30 per share), at the close. (How the P/E ratio works.)
How much revenue does Hafnia make?
Hafnia reported $2.7 billion of revenue over the four quarters to , up 13.3% from the twelve months before. In its latest quarter (Q2 FY26, ended ) revenue was $815.8 million, up 47.2% from a year earlier.
Is Hafnia profitable?
Yes. Hafnia earned $658.7 million of net income over the four quarters to , a net margin of 24.7%, and its operating margin was 25.3% (what margins tell you).
What are HAFN’s earnings per share?
HAFN’s diluted earnings per share were $1.30 over the four quarters to , compared with $0.85 in the twelve months before. The latest quarter (Q2 FY26) brought $0.55 per share, against $0.15 a year earlier (how EPS works).
Does HAFN pay a dividend?
Yes. Hafnia pays a quarterly dividend. The most recent was $0.50 per share, with an ex-dividend date of . Over the last twelve months it paid $1.11 per share, a 11.86% yield at the close (how dividend yield works).
Based on the last 12 months’ payments ($1.11 per share), and if the next 12 months match the last 12, 100 shares would receive about $111 over 12 months, and $1,000 over 12 months would take about 900 shares, roughly $8,433 at the close. Dividends can change.
What is HAFN’s 52-week high and low?
Over the past 52 weeks HAFN has traded as low as $5.17 and as high as $11.12. At $9.37 at the close on , it is 15.7% below that high and 81.2% above the low.
What is HAFN’s all-time high?
HAFN’s highest closing price was $11.06 on , adjusted for stock splits. At $9.37 at the close on , it is 15.3% below that record.
Has HAFN stock ever split?
No. HAFN hasn’t split since its price history begins in 2020.
How has HAFN stock performed?
Including dividends and measured to the close on , HAFN has returned +97.1% so far this year and +74.3% over the past year, and +824.3% over five years (+56.0% a year). Over the same periods the S&P 500, measured by SPY, returned +8.7%, +10.9% and +67.8%. Past performance doesn’t predict future returns.
What sector and industry is Hafnia in?
Hafnia is in the Industrials sector and the Marine Shipping industry, and is headquartered in Singapore.
What exchange does HAFN trade on?
Hafnia trades on the NYSE under the ticker symbol HAFN. Its price history on this dashboard begins on .
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
About this data. Data sourced by Tiingo (opens in a new tab). The live price is Tiingo’s real-time price, based on IEX trades and quotes; intraday charts show IEX trades, and volume figures are consolidated totals for completed sessions. Prices are split-adjusted, and total returns assume dividends are reinvested. Financials come from company filings and can lag new reports. Times are Eastern.
This page is for education, not investment advice. Past performance doesn't predict future returns. Logos provided by Logo.dev (opens in a new tab).
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