Hapag-Lloyd AG
Financial Performance
Hapag-Lloyd Revenue & Financials
Revenue
~$21.1B (FY2025)
Market Cap
$31.8B
Net Income
~$1B
Employees
18,117
What is Hapag-Lloyd's revenue?
Hapag-Lloyd had ~$21.1B in revenue for fiscal year 2025, down 2.5% from 2024. Net income was ~$1B.
- Latest revenue
- ~$21.1B (FY2025)
- Year-over-year
- -2.5%
- Growth rate (CAGR)
- -4.4% over 4 years
- Peak revenue
- ~$39B (FY2022)
- Years of data
- 5
- Employees
- 18,117
- How much profit does Hapag-Lloyd make?
- Hapag-Lloyd reported net income of ~$1B for fiscal year 2025. stockanalysis.com
- How many employees does Hapag-Lloyd have?
- Hapag-Lloyd has about 18,117 employees.
Financial Analysis
Hapag-Lloyd's earnings follow the freight cycle. Pandemic-era rates pushed revenue to ~$39 billion (€34.5 billion) and net income above ~$19.2 billion (€17 billion) in 2022, before normalizing to ~$20.2 billion (€17.9 billion) in revenue in 2023. In FY2025 group revenue was $21.1 billion (€18.6 billion) and group profit fell to $1.04 billion as rates weakened while volumes rose 8.2%. 2026 started with a Q1 group loss of $256 million, followed by a Q2 profit of $83 million on EBITDA of $829 million. A strong peak season led management in late September 2026 to raise full-year guidance to EBITDA of $3.9-4.4 billion and EBIT of $1.25-1.75 billion. Hapag-Lloyd AG is a dominant global container shipping and logistics company, maintaining a strong market valuation generally exceeding $25 billion.
Revenue Trend Analysis
YoY Change
-2.5%
4-Year CAGR
-4.4%
Peak Year
2022
Trend
Mostly Growing
Hapag-Lloyd AG has 5 full fiscal year figures on this page, compounding at -4.4% annually over 4 years. The most recent year saw a 2.5% decline versus the prior year. Annual revenue peaked in fiscal year 2022 at ~$39B. Of 4 comparable year-over-year steps, 2 showed growth and 2 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change | Source |
|---|---|---|---|---|
| FY2025 | ~$21.1B | ~$1B | -2.5% | Hapag-Lloyd Aktiengesellschaft (ETR:HLAG) annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2025-12-31. |
| FY2024 | ~$21.6B | ~$2.7B | +6.6% | Hapag-Lloyd Aktiengesellschaft (ETR:HLAG) annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2024-12-31. |
| FY2023 | ~$20.3B | ~$3.3B | -48.1% | Hapag-Lloyd Aktiengesellschaft (ETR:HLAG) annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2023-12-31. |
| FY2022 | ~$39B | ~$19.2B | +55.1% | Hapag-Lloyd Aktiengesellschaft (ETR:HLAG) annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2022-12-31. |
| FY2021 | ~$25.2B | ~$10.3B | — | Hapag-Lloyd Aktiengesellschaft (ETR:HLAG) annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2021-12-31. |
Click any row to see year details.
Keep researching Hapag-Lloyd
Hapag-Lloyd Revenue and Financial FAQ
What is the annual revenue magnitude and profitability scale of Hapag-Lloyd AG?
Hapag-Lloyd AG reported revenue of ~$21 billion (€18.6 billion) for fiscal year 2025, down from ~$21.6 billion (€19.1 billion) in fiscal 2024.
How does Hapag-Lloyd maintain a fortress debt-free balance sheet?
Following record earnings during 2021-2023, Hapag-Lloyd eliminated virtually all financial debt, holding billions in net liquidity (cash and short-term deposits), giving the company exceptional financial resilience during freight rate downcycles.
What is Hapag-Lloyd's dividend policy and capital return track record?
Hapag-Lloyd maintains a progressive dividend payout policy targeting at least 50% of group net profit, having distributed historic multi-billion-euro dividend payouts to shareholders following peak earnings cycles.
Who are the major anchor shareholders owning Hapag-Lloyd AG?
Hapag-Lloyd's stable ownership structure comprises a core shareholder consortium: the Klaus-Michael Kühne maritime logistics family (30%), CSAV of Chile (30%), the City of Hamburg via HGV (13.9%), Qatar Investment Authority / QIA (12.3%), and the Public Investment Fund of Saudi Arabia / PIF (10.2%).
What is Hapag-Lloyd's capital expenditure (CapEx) commitment for new vessel builds?
Hapag-Lloyd invests in dual-fuel newbuilds, containers, vessel retrofits and terminals; exact annual amounts are disclosed in its annual report and vary with the newbuild delivery schedule.
How do transport volume (TEU) and average freight rates drive quarterly revenue?
Hapag-Lloyd carried 13.486 million TEU in 2025, up 8.2%. Revenue is driven by volume multiplied by the average freight rate per TEU, which fell in 2025 and is why profit declined despite higher volume.
How does Hapag-Lloyd manage bunker fuel costs within total operating expenses?
Bunker fuel represents Hapag-Lloyd's single largest operating expense (typically 15% to 20% of transport expenses). The company optimizes vessel speed (slow steaming), applies hull antifouling coatings, and hedges fuel prices to minimize consumption.
What financial reporting standards does Hapag-Lloyd use for public disclosures?
Hapag-Lloyd reports under IFRS as adopted by the EU and presents key figures in US dollars, its main operating currency, with euro equivalents.
Is Hapag-Lloyd profitable?
Historically, ocean shipping is incredibly brutal with razor-thin margins. However, during the 2021-2022 COVID-19 supply chain crisis, global freight rates absolutely skyrocketed. Hapag-Lloyd generated massive, unprecedented billions in pure profit, allowing them to pay off massive debts and issue enormous dividends to their shareholders.
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Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Hapag-Lloyd Revenue & Financials." CorpDigest, https://corpdigest.com/company/hapag-lloyd/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Hapag-Lloyd reported ~$21.1B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/hapag-lloyd/financials" target="_blank" rel="noopener">CorpDigest — Hapag-Lloyd financials</a></div>Related Financial Audits
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