Hafnia Financial Statements
NYSE: HAFNConsumer DiscretionaryTransportation ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Hafnia revenue and earnings
In fiscal 2024, Hafnia generated $2.87 billion in revenue, up 7.4% from fiscal 2023, its 2nd consecutive year of revenue growth. Net income was $774.0 million (-2.4% year over year), for a net margin of 27.0% versus a median of 34.4% in the prior 2 years. Gross margin was 48.5% (down from 51.2%) and operating margin 28.1%.
Diluted earnings per share came in at $1.50, down from $1.56. Over the last 2 fiscal years, HAFN's revenue has grown at a 22.0% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Hafnia income statement (annual)
| Fiscal year (USD) | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 |
|---|---|---|---|
| Revenue | 2.87B | 2.67B | 1.93B |
| Revenue growth (YoY) | +7.37% | +38.68% | — |
| Gross Profit | 1.39B | 1.37B | 1.35B |
| Operating Expenses | 585.55M | 508.66M | 523.48M |
| Operating Income | 805.73M | 857.95M | 823.21M |
| Interest Expense | 52.38M | 77.39M | 91.09M |
| Other Income (Expense) | 992.32M | 1.01B | 1.01B |
| Pretax Income | 778.45M | 799.53M | 758.27M |
| Income Tax | 4.42M | 6.25M | 6.68M |
| Net Income | 774.03M | 793.27M | 751.59M |
| Net Income growth (YoY) | -2.43% | +5.55% | — |
| EPS (Basic) | 1.52 | 1.57 | 1.57 |
| EPS (Diluted) | 1.50 | 1.56 | 1.54 |
| Shares Outstanding (Basic) | 510.10M | 505.14M | 477.89M |
| Shares Outstanding (Diluted) | 515.11M | 508.69M | 489.08M |
| EBITDA | 1.02B | 1.07B | 1.03B |
| Gross Margin | 48.50% | 51.15% | 69.90% |
| Operating Margin | 28.09% | 32.11% | 42.73% |
| Net Margin | 26.98% | 29.69% | 39.01% |
This table shows 3 annual periods of Hafnia's income statement, from FY 2024 back to FY 2022, across 17 line items including revenue, gross profit, operating expenses. Values in USD; B = billions, M = millions. Fiscal periods follow HAFN's reporting calendar. What is a income statement?