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H

Hafnia HAFNI.OL · NOK

Energy · Oslo Børs · 🇳🇴 Norway

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88.00

+0.63%

Close of 9 Nov 2026, in NOK

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in USD, from our data supplier.

FY2025

Revenue

$2.28bn

FY2016FY2025

Net income

$339.7m

FY2016FY2025

Free cash flow

$456.7m

FY2016FY2025

Shareholders' equity

$2.33bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue$2.28bn$2.87bn$2.67bn$1.83bn$811.2m$874.1m$827.9m$368.4m$346.5m$302.3m
Operating income$369.6m$805.7m$857.9m$823.2m−$7.2m$193.6m$137.1m$19.1m$29.9m$26.7m
Net income$339.7m$774.0m$793.3m$751.6m−$55.5m$148.8m$71.7m−$19.8m$3.0m−$186.6m
Diluted earnings per share0.671.501.561.54-0.140.410.20-0.040.01-0.37

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets$3.81bn$3.73bn$3.91bn$3.92bn$2.51bn$2.54bn$2.68bn$1.31bn$1.22bn$1.14bn
Cash and short-term investments$192.6m$195.3m$141.6m$174.4m$100.1m$100.6m$91.6m$52.5m$41.4m$37.2m
Total liabilities$1.48bn$1.47bn$1.69bn$1.91bn$1.40bn$1.40bn$1.56bn$743.0m$821.9m$775.6m
Debt$930.7m$1.12bn$1.29bn$1.78bn$1.33bn$1.31bn$1.45bn$690.0m$771.9m$730.3m
Shareholders' equity$2.33bn$2.26bn$2.23bn$2.01bn$1.11bn$1.15bn$1.12bn$571.1m$397.8m$366.8m
Shares outstanding504m515m509m489m400m366m360m504m504m504m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations$602.9m$1.03bn$1.06bn$770.9m$106.4m$398.5m$242.8m$59.7m$81.4m$99.9m
Capital spending−$146.2m−$49.6m−$184.4m−$447.4m−$27.0m−$48.6m−$279.0m−$17.2m−$117.9m−$111.7m
Free cash flow$456.7m$980.7m$876.4m$323.5m$79.4m$349.9m−$36.2m$42.4m−$36.6m−$11.8m
Dividends paid−$198.6m−$699.9m−$544.1m−$243.7m−$243.7m−$98.3m−$98.3m−$98.3m−$98.3m−$30.9m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue$815.8m$671.2m$593.0m$586.9m$554.2m$547.9m$532.9m$719.7m
Operating income$240.1m$150.6m$109.9m$102.2m$83.1m$75.5m$91.7m$219.0m
Net income$277.8m$179.7m$109.7m$91.5m$75.3m$63.2m$79.6m$215.6m
Diluted earnings per share0.550.360.220.180.150.130.150.42
Cash from operations$298.0m$127.0m$602.0m$118.0m$187.0m$137.0m$197.0m$284.0m
Capital spending−$20.0m−$20.0m−$146.0m−$44.0m−$41.0m−$27.0m−$13.0m−$7.0m
Free cash flow$278.0m$107.0m$456.0m$74.0m$146.0m$110.0m$184.0m$277.0m
Total assets$3.96bn$4.03bn$3.81bn$3.57bn$3.67bn$3.70bn$3.73bn$3.83bn
Cash and short-term investments——$192.6m$132.5m$194.0m$188.1m$195.3m$197.1m
Debt$610.4m$734.4m$930.7m$894.5m$1.03bn$1.07bn$1.12bn$1.08bn
Shareholders' equity$2.65bn$2.54bn$2.33bn$2.33bn$2.30bn$2.28bn$2.26bn$2.42bn

Financial ratios

Data as of 22 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Operating margin17.2%27.1%32.8%46.3%-1.5%22.7%
Net margin14.9%27.0%29.7%41.0%-6.8%17.0%
Return on equity14.6%34.2%35.6%37.4%-5.0%13.0%
Return on assets8.9%20.7%20.3%19.2%-2.2%5.8%
Free cash flow yield1.5%2.2%2.5%2.6%0.3%1.3%
Revenue growth-20.5%7.4%45.8%125.9%-7.2%5.6%
Earnings growth-56.1%-2.4%5.5%-1454.4%-137.3%107.4%
Current ratio1.53x1.38x1.41x1.87x1.09x1.12x
Debt to equity0.38x0.29x0.30x0.47x1.07x1.00x
Equity ratio61.1%60.6%56.9%51.3%44.3%45.1%
Interest coverage7.88x14.84x11.33x9.08x-0.31x4.23x
Buybacks as a share of market value2.1%-1.3%-4.0%-22.3%-9.2%-1.7%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue7.6%21.2%21.5%
Operating income-23.4%13.8%15.6%
Net income-23.3%18.0%17.5%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin22.8%29.6%26.8%24.7%
Net margin21.6%27.5%24.3%19.9%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Price to earnings8.54.34.73.5-13.24.114.4
Price to sales1.31.11.41.40.90.71.3

Dividends and splits

Per share, in the currency the company pays

Paid for 4 years. Last went ex-dividend on 7 Sept 2026.

FY2026FY2025FY2024FY2023FY2022FY2020
Paid in the year0.9760.3991.3711.0760.4870.27

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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