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Pangaea Logistics Solutions, Ltd.(PANL)Earnings, Financials & Key Ratios
PANL•NASDAQ
25.6× P/E·Price updated Jun 13, 2026
AboutPangaea Logistics Solutions, Ltd., together with its subsidiaries, provides seaborne dry bulk logistics and transportation services to industrial customers worldwide. The company offers various dry bulk cargoes, such as grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. Its ocean logistics services comprise cargo loading, cargo discharge, vessel chartering, voyage planning, and technical vessel management. As of March 16, 2022, the company owned and operated a fleet of 25 vessels. Pangaea Logistics Solutions, Ltd. was founded in 1996 and is based in Newport, Rhode Island.Show more
- Revenue$632M+17.8%
- EBITDA$80M+2.0%
- Net Income$19M-33.0%
- EPS (Diluted)0.30-52.4%
- Gross Margin10.92%-19.8%
- EBITDA Margin12.72%-13.4%
- Operating Margin6%-33.5%
- Net Margin3.06%-43.1%
- ROE4.08%-40.4%
- ROIC3.72%-32.4%
- Debt/Equity0.78-6.3%
- Interest Coverage1.58-38.6%
PANL Key Insights
Pangaea Logistics Solutions, Ltd. (PANL) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 10.5%
- ✓Healthy dividend yield of 3.3%
- ✓Trading at only 1.0x book value
✗Weaknesses
- ✗Shares diluted 40.5% in last year
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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PANL Price & Volume
Pangaea Logistics Solutions, Ltd. (PANL) stock price & volume — 10-year historical chart
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PANL Growth Metrics
Pangaea Logistics Solutions, Ltd. (PANL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years8.2%
5 Years10.54%
3 Years-3.33%
TTM22.58%
Profit CAGR
10 Years5.56%
5 Years11.28%
3 Years-37.54%
TTM127.2%
EPS CAGR
10 Years-0.64%
5 Years2.9%
3 Years-44.55%
TTM63.83%
Return on Capital
10 Years8.32%
5 Years10.46%
3 Years6.19%
Last Year4.66%
PANL Recent Earnings
Pangaea Logistics Solutions, Ltd. (PANL) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 7/12 qtrs (58%)●Beat Revenue 7/12 qtrs (58%)
Q2 2026Latest
May 11, 2026EPS
$0.11
Est $0.05
+120.0%
Revenue
$171M
Est $166M
+2.9%
Q2 2026
Mar 10, 2026EPS
$0.16
Est $0.18
-11.1%
Revenue
$184M
Est $150M
+22.3%
Q4 2025
Nov 6, 2025EPS
$0.17
Est $0.03
+466.7%
Revenue
$169M
Est $182M
-7.2%
Q3 2025
Aug 7, 2025EPS
$0.02
Est $0.04
+50.0%
Revenue
$157M
Est $159M
-1.7%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 11, 2026 | $0.11vs $0.05+120.0% | $171Mvs $166M+2.9% |
| Q2 2026 | Mar 10, 2026 | $0.16vs $0.18-11.1% | $184Mvs $150M+22.3% |
| Q4 2025 | Nov 6, 2025 | $0.17vs $0.03+466.7% | $169Mvs $182M-7.2% |
| Q3 2025 | Aug 7, 2025 | $0.02vs $0.04+50.0% | $157Mvs $159M-1.7% |
Based on last 12 quarters of dataView full earnings history →
PANL Peer Comparison
Pangaea Logistics Solutions, Ltd. (PANL) competitors in Dry Bulk Shipping — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 SBLK | 3.09B | 27.15 | 37.19 | -17.62% | 13.01% | 5.87% | 0.44 | |
 GNK | 1.05B | 24.06 | -240.60 | -19.14% | 8.12% | 4.19% | 0.22 | |
 NMM | 2.15B | 75.29 | 7.85 | 0.76% | 24.86% | 10.52% | 0.71 | |
 SB | 705.49M | 6.90 | 23 | -10.37% | 13.99% | 4.68% | 0.65 | |
 DSX | 295.26M | 2.39 | 21.73 | -6.43% | 8.35% | 3.6% | 1.27 | |
 CMRE | 2B | 16.60 | 5.80 | -57.87% | 33.32% | 16.35% | 0.70 | |
 DAC | 2.39B | 131.30 | 4.91 | 2.8% | 49.85% | 13.85% | 0.30 | |
 GSL | 1.44B | 40.07 | 3.51 | 8.63% | 50.23% | 21.99% | 0.38 |
Compare PANL vs Peers
Pangaea Logistics Solutions, Ltd. (PANL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
PANL Income Statement
Pangaea Logistics Solutions, Ltd. (PANL) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 385.95M | 372.97M | 412.2M | 382.9M | 718.1M | 699.71M | 499.27M | 536.54M | 632.04M | 679.82M |
Revenue Growth % | 62.15% | -3.36% | 10.52% | -7.11% | 87.55% | -2.56% | -28.65% | 7.46% | 17.8% | 22.58% |
Cost of Goods Sold | 345.48M | 319.56M | 362.22M | 344.75M | 620.27M | 570.77M | 430.13M | 463.46M | 563.03M | 600.15M |
COGS % of Revenue | 89.52% | 85.68% | 87.88% | 90.04% | 86.38% | 81.57% | 86.15% | 86.38% | 89.08% | - |
Gross Profit | 40.46M▲ 0% | 53.42M▲ 32.0% | 49.97M▼ 6.4% | 38.14M▼ 23.7% | 97.84M▲ 156.5% | 128.94M▲ 31.8% | 69.14M▼ 46.4% | 73.08M▲ 5.7% | 69.02M▼ 5.6% | 79.67M▲ 0% |
Gross Margin % | 10.48% | 14.32% | 12.12% | 9.96% | 13.62% | 18.43% | 13.85% | 13.62% | 10.92% | 11.72% |
Gross Profit Growth % | 57.66% | 32.01% | -6.44% | -23.67% | 156.5% | 31.79% | -46.38% | 5.7% | -5.56% | - |
Operating Expenses | 24.44M | 17.34M | 26.71M | 18.45M | 18.97M | 23.43M | 24.52M | 24.63M | 31.07M | 33.82M |
OpEx % of Revenue | 6.33% | 4.65% | 6.48% | 4.82% | 2.64% | 3.35% | 4.91% | 4.59% | 4.92% | - |
Selling, General & Admin | 15.16M | 16.48M | 17.38M | 15.92M | 18.97M | 20.1M | 22.78M | 24.63M | 31.07M | 33.82M |
SG&A % of Revenue | 3.93% | 4.42% | 4.22% | 4.16% | 2.64% | 2.87% | 4.56% | 4.59% | 4.92% | - |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
Other Operating Expenses | 9.28M | 860.43K | 9.34M | 2.53M | 0 | 3.33M | 1.74M | 0 | 0 | 0 |
Operating Income | 16.03M▲ 0% | 36.07M▲ 125.1% | 23.26M▼ 35.5% | 19.7M▼ 15.3% | 78.87M▲ 300.4% | 105.51M▲ 33.8% | 44.62M▼ 57.7% | 48.45M▲ 8.6% | 37.94M▼ 21.7% | 45.84M▲ 0% |
Operating Margin % | 4.15% | 9.67% | 5.64% | 5.14% | 10.98% | 15.08% | 8.94% | 9.03% | 6% | 6.74% |
Operating Income Growth % | 24.31% | 125.07% | -35.52% | -15.31% | 300.43% | 33.77% | -57.71% | 8.59% | -21.68% | - |
EBITDA | 31.64M | 53.69M | 41.79M | 36.75M | 101.85M | 135M | 74.69M | 78.82M | 80.42M | 90.27M |
EBITDA Margin % | 8.2% | 14.4% | 10.14% | 9.6% | 14.18% | 19.29% | 14.96% | 14.69% | 12.72% | 13.28% |
EBITDA Growth % | 17.19% | 69.69% | -22.17% | -12.05% | 177.12% | 32.55% | -44.67% | 5.54% | 2.02% | 23.3% |
D&A (Non-Cash Add-back) | 15.61M | 17.62M | 18.53M | 17.06M | 22.97M | 29.49M | 30.07M | 30.38M | 42.48M | 44.43M |
EBIT | 17.37M | 32.88M | 26.33M | 20.52M | 83.89M | 107.93M | 46.03M | 51.95M | 37.94M | 51.05M |
Net Interest Income | -8.27M | -8.9M | -9.28M | -7.83M | -11.51M | -21.49M | -13.92M | -17.15M | -22.37M | -20.56M |
Interest Income | 0 | 0 | 0 | 0 | 0 | 932.07K | 3.57M | 3.02M | 1.63M | 3.24M |
Interest Expense | 8.27M | 8.9M | 9.28M | 7.83M | 11.51M | 22.42M | 17.49M | 20.18M | 24.01M | 23.8M |
Other Income/Expense | -6.93M | -12.09M | -6.21M | -7M | -6.5M | -13.28M | -15.62M | -13.58M | -17.78M | -9.81M |
Pretax Income | 9.1M▲ 0% | 23.98M▲ 163.5% | 17.05M▼ 28.9% | 12.69M▼ 25.6% | 72.37M▲ 470.2% | 92.23M▲ 27.4% | 29M▼ 68.6% | 34.87M▲ 20.3% | 20.17M▼ 42.2% | 36.03M▲ 0% |
Pretax Margin % | 2.36% | 6.43% | 4.14% | 3.31% | 10.08% | 13.18% | 5.81% | 6.5% | 3.19% | 5.3% |
Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Net Income | 7.81M▲ 0% | 17.76M▲ 127.3% | 11.66M▼ 34.3% | 11.35M▼ 2.6% | 67.23M▲ 492.2% | 79.49M▲ 18.2% | 26.32M▼ 66.9% | 28.9M▲ 9.8% | 19.37M▼ 33.0% | 34.64M▲ 0% |
Net Margin % | 2.02% | 4.76% | 2.83% | 2.96% | 9.36% | 11.36% | 5.27% | 5.39% | 3.06% | 5.1% |
Net Income Growth % | 4.77% | 127.28% | -34.35% | -2.62% | 492.19% | 18.24% | -66.89% | 9.8% | -32.99% | 127.2% |
Net Income (Continuing) | 9.1M | 23.98M | 17.05M | 12.69M | 72.37M | 92.23M | 29M | 34.87M | 20.17M | 36.03M |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 65.3M | 71.68M | 72.83M | 51.67M | 53.48M | 54.5M | 46.31M | 46.84M | 45.4M | 45.77M |
EPS (Diluted) | 0.20▲ 0% | 0.42▲ 110.0% | 0.05▼ 88.6% | 0.26▲ 445.1% | 1.50▲ 476.9% | 1.76▲ 17.3% | 0.58▼ 67.0% | 0.63▲ 8.6% | 0.30▼ 52.4% | 0.53▲ 0% |
EPS Growth % | -4.76% | 110% | -88.64% | 445.07% | 476.92% | 17.33% | -67.05% | 8.62% | -52.38% | 63.83% |
EPS (Basic) | 0.20 | 0.42 | 0.05 | 0.26 | 1.53 | 1.79 | 0.59 | 0.64 | 0.30 | - |
Diluted Shares Outstanding | 38.93M | 42.78M | 43.27M | 43.82M | 44.85M | 45.06M | 45.48M | 46.05M | 64.7M | 64.78M |
Basic Shares Outstanding | 38.41M | 42.25M | 42.75M | 43.42M | 44M | 44.4M | 44.77M | 45.39M | 63.8M | 64.19M |
Dividend Payout Ratio | 12.82% | 12.78% | 69.4% | 4.71% | 8.23% | 16.88% | 68.77% | 64.73% | 84.17% | - |
PANL Balance Sheet
Pangaea Logistics Solutions, Ltd. (PANL) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 83.01M | 113.51M | 127.96M | 111.34M | 183.96M | 222.51M | 191.83M | 191.99M | 215.78M | 250.79M |
Cash & Short-Term Investments | 34.53M | 53.61M | 50.56M | 46.9M | 56.21M | 128.38M | 99.04M | 86.81M | 103.05M | 89.74M |
Cash Only | 34.53M | 53.61M | 50.56M | 46.9M | 56.21M | 128.38M | 99.04M | 86.81M | 103.05M | 59.54M |
Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30.2M |
Accounts Receivable | 21.09M | 28.48M | 34.78M | 35.98M | 71.27M | 44.48M | 53.67M | 49.72M | 55.85M | 75.94M |
Days Sales Outstanding | 19.94 | 27.87 | 30.79 | 34.29 | 36.22 | 23.2 | 39.24 | 33.83 | 32.26 | 34.02 |
Inventory | 15.36M | 19.22M | 21M | 15.97M | 27.15M | 29.1M | 16.56M | 32.85M | 28.39M | 43.34M |
Days Inventory Outstanding | 16.22 | 21.96 | 21.16 | 16.9 | 15.98 | 18.61 | 14.05 | 25.87 | 18.4 | 22.27 |
Other Current Assets | 11.57M | 10.91M | 12.71M | 3.77M | 11.37M | 12.28M | 12.98M | 9.75M | 28.48M | 27.65M |
Total Non-Current Assets | 340.29M | 339.97M | 351.95M | 339.06M | 523.06M | 525.73M | 513.35M | 744.46M | 712.32M | 699.9M |
Property, Plant & Equipment | 336.29M | 337.47M | 335.09M | 321.98M | 519.1M | 520.45M | 504.66M | 736.6M | 704.38M | 691.54M |
Fixed Asset Turnover | 1.15x | 1.11x | 1.23x | 1.19x | 1.38x | 1.34x | 0.99x | 0.73x | 0.90x | 0.96x |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 3.1M | 3.1M | 3.1M | 3.1M |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 1.78M | 1.01M | 0 | 475K |
Long-Term Investments | 4M | 2.5M | 15.36M | 17.08M | 3.96M | 5.28M | 3.81M | 3.75M | 270K | 14.96M |
Other Non-Current Assets | 4M | 2.5M | 1.5M | 0 | 0 | 0 | 0 | 0 | 4.56M | 0 |
Total Assets | 423.3M▲ 0% | 453.47M▲ 7.1% | 479.9M▲ 5.8% | 450.4M▼ 6.1% | 707.02M▲ 57.0% | 748.24M▲ 5.8% | 705.18M▼ 5.8% | 936.46M▲ 32.8% | 928.1M▼ 0.9% | 950.7M▲ 0% |
Asset Turnover | 0.91x | 0.82x | 0.86x | 0.85x | 1.02x | 0.94x | 0.71x | 0.57x | 0.68x | 0.73x |
Asset Growth % | 16.87% | 7.13% | 5.83% | -6.15% | 56.98% | 5.83% | -5.75% | 32.8% | -0.89% | 59.29% |
Total Current Liabilities | 70.01M | 79.05M | 90.85M | 110.81M | 111.74M | 92.21M | 105.33M | 109.11M | 128.03M | 153.59M |
Accounts Payable | 15.69M | 19.89M | 24.17M | 18.68M | 7.03M | 9.98M | 6.28M | 47.76M | 54.26M | 20.92M |
Days Payables Outstanding | 16.57 | 22.72 | 24.36 | 19.78 | 4.14 | 6.38 | 5.33 | 37.62 | 35.17 | 17.05 |
Short-Term Debt | 25.99M | 23.01M | 23.32M | 57.63M | 15.69M | 15.78M | 30.75M | 16.58M | 46.88M | 49.75M |
Deferred Revenue (Current) | 5.82M | 14.72M | 14.38M | 12.8M | 32.21M | 20.88M | 15.63M | 15.45M | 24.89M | 90.38M |
Other Current Liabilities | 0 | 3.23M | 0 | 0 | 9.26M | 6.53M | 4.39M | 0 | 806K | 52.82M |
Current Ratio | 1.19x | 1.44x | 1.41x | 1.00x | 1.65x | 2.41x | 1.82x | 1.76x | 1.69x | 1.63x |
Quick Ratio | 0.97x | 1.19x | 1.18x | 0.86x | 1.40x | 2.10x | 1.66x | 1.46x | 1.46x | 1.35x |
Cash Conversion Cycle | 19.6 | 27.11 | 27.6 | 31.42 | 48.06 | 35.43 | 47.96 | 22.08 | 15.49 | 39.24 |
Total Non-Current Liabilities | 142.63M | 141.06M | 145.98M | 105.16M | 294.6M | 287.31M | 229.65M | 352.68M | 325.33M | 310.28M |
Long-Term Debt | 117.62M | 95.37M | 83.65M | 44.51M | 105.84M | 98.82M | 68.45M | 112.72M | 316.93M | 93.16M |
Capital Lease Obligations | 25.02M | 45.68M | 57.5M | 50.52M | 170.96M | 168.51M | 143.27M | 239.96M | 8.39M | 686.64M |
Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Current Liabilities | 0 | 0 | 4.83M | 10.14M | 17.81M | 19.97M | 17.94M | 0 | 0 | 0 |
Total Liabilities | 212.64M | 220.11M | 236.83M | 215.97M | 406.34M | 379.52M | 334.98M | 461.79M | 453.36M | 463.86M |
Total Debt | 170.41M | 169.43M | 177.02M | 159.63M | 306.96M | 299.48M | 264.44M | 397.37M | 372.21M | 360.03M |
Net Debt | 135.87M | 115.81M | 126.47M | 112.73M | 250.75M | 171.1M | 165.4M | 310.57M | 269.15M | 300.49M |
Debt / Equity | 0.81x | 0.73x | 0.73x | 0.68x | 1.02x | 0.81x | 0.71x | 0.84x | 0.78x | 0.74x |
Debt / EBITDA | 5.39x | 3.16x | 4.24x | 4.34x | 3.01x | 2.22x | 3.54x | 5.04x | 4.63x | 3.99x |
Net Debt / EBITDA | 4.29x | 2.16x | 3.03x | 3.07x | 2.46x | 1.27x | 2.21x | 3.94x | 3.35x | 3.33x |
Interest Coverage | 2.10x | 3.70x | 2.84x | 2.62x | 7.29x | 4.81x | 2.63x | 2.57x | 1.58x | 2.14x |
Total Equity | 210.66M▲ 0% | 233.37M▲ 10.8% | 243.07M▲ 4.2% | 234.43M▼ 3.6% | 300.68M▲ 28.3% | 368.72M▲ 22.6% | 370.2M▲ 0.4% | 474.66M▲ 28.2% | 474.74M▲ 0.0% | 486.83M▲ 0% |
Equity Growth % | 19.23% | 10.78% | 4.16% | -3.55% | 28.26% | 22.63% | 0.4% | 28.22% | 0.02% | 48.97% |
Book Value per Share | 5.41 | 5.45 | 5.62 | 5.35 | 6.70 | 8.18 | 8.14 | 10.31 | 7.34 | 7.52 |
Total Shareholders' Equity | 145.35M | 161.69M | 170.25M | 182.77M | 247.2M | 314.23M | 323.89M | 427.82M | 429.33M | 441.06M |
Common Stock | 4.38K | 4.4K | 4.49K | 4.54K | 4.56K | 4.59K | 4.65K | 6.5K | 7K | 7K |
Retained Earnings | -9.6M | 5.74M | 12.74M | 23.18M | 85.66M | 151.33M | 159.03M | 169.16M | 172.25M | 182.28M |
Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accumulated OCI | -61.28M | -73.14M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 65.3M | 71.68M | 72.83M | 51.67M | 53.48M | 54.5M | 46.31M | 46.84M | 45.4M | 45.77M |
PANL Cash Flow Statement
Pangaea Logistics Solutions, Ltd. (PANL) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 29.22M | 40.13M | 44.46M | 20.84M | 61.75M | 134.8M | 53.79M | 65.69M | 53.73M | 63.08M |
Operating CF Margin % | 7.57% | 10.76% | 10.79% | 5.44% | 8.6% | 19.27% | 10.77% | 12.24% | 8.5% | - |
Operating CF Growth % | 52.1% | 37.34% | 10.77% | -53.14% | 196.35% | 118.32% | -60.1% | 22.13% | -18.21% | 254.2% |
Net Income | 9.1M | 23.98M | 11.66M | 11.35M | 67.23M | 85.51M | 28.54M | 31.77M | 20.17M | 34.64M |
Depreciation & Amortization | 15.61M | 17.62M | 19.38M | 17.84M | 24.01M | 29.49M | 30.07M | 30.38M | 42.48M | 44.72M |
Stock-Based Compensation | 1.07M | 1.2M | 1.74M | 2.31M | 2.1M | 1.77M | 2.09M | 2.79M | 4.11M | 2.58M |
Deferred Taxes | -1.07T | -1.2T | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Cash Items | -1.9M | -119.73K | 21.09M | -15.05M | 31.19M | 6.04M | 4.29M | -864.96K | -19.18M | -19.39M |
Working Capital Changes | -2.8M | -6.12M | -9.4M | 4.38M | -62.78M | 12M | -11.2M | 1.62M | 6.16M | 281.03K |
Change in Receivables | -5.64M | -7.66M | -725.97K | -995.17K | -26.67M | 15.13M | -14.08M | 3.69M | -15.02M | -14.54M |
Change in Inventory | -2.15M | -3.87M | -2.43M | 5.03M | -11.18M | -1.96M | 12.55M | -11.03M | 4.46M | -4.23M |
Change in Payables | 6.98M | -392.16K | 0 | 0 | 0 | -8.94M | -4.08M | 11.84M | 7.47M | 27.64M |
Cash from Investing | -64.55M | -17.51M | -46.6M | -6.89M | -197.79M | -28.51M | -15.98M | -67.69M | 11.41M | 10.06M |
Capital Expenditures | -64.03M | -17.54M | -56.99M | -2.93M | -196.65M | -36.39M | -27.26M | -69.43M | -6.49M | -7.14M |
CapEx % of Revenue | 16.59% | 4.7% | 13.83% | 0.76% | 27.39% | 5.2% | 5.46% | 12.94% | 1.03% | 1.05% |
Acquisitions | -830.91K | 31.59K | 0 | -15M | 0 | -515.16K | -7.63M | -171.7K | -3.43M | -2.7M |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | 306.97K | 31.59K | 10.39M | 11.04M | -1.14M | 8.4M | 18.91M | 1.91M | 21.33M | 18.95M |
Cash from Financing | 45.44M | -5.04M | -916.13K | -18.61M | 143.86M | -34.12M | -67.15M | -10.23M | -48.62M | -47.07M |
Debt Issued (Net) | 8.47M | -28.69M | 9.77M | -17.54M | 148.44M | -7.78M | -36.02M | 33.9M | -26.78M | -39.94M |
Equity Issued (Net) | 9.63M | -50.81K | -179.28K | -238.36K | -150.01K | 0 | 0 | 0 | -3M | -3M |
Dividends Paid | -1M | -2.27M | -8.09M | -535.15K | -5.54M | -13.41M | -18.1M | -18.71M | -16.3M | -13.46M |
Share Repurchases | 0 | -50.81K | -179.28K | -238.36K | -150.01K | 0 | 0 | 0 | -3M | -3M |
Other Financing | 28.34M | -1.78M | -2.42M | -292.53K | 1.11M | -12.92M | -13.03M | -25.42M | -2.54M | 9.33M |
Net Change in Cash | 12.21M▲ 0% | 17.58M▲ 44.0% | -3.06M▼ 117.4% | -4.66M▼ 52.2% | 7.81M▲ 267.7% | 72.18M▲ 823.9% | -29.35M▼ 140.7% | -12.23M▲ 58.3% | 16.52M▲ 235.0% | -1.14M▲ 0% |
Free Cash Flow | -34.81M▲ 0% | 22.59M▲ 164.9% | -12.53M▼ 155.5% | 17.91M▲ 242.9% | -134.91M▼ 853.3% | 98.41M▲ 172.9% | 26.52M▼ 73.0% | -3.74M▼ 114.1% | 47.24M▲ 1362.7% | 55.94M▲ 0% |
FCF Margin % | -9.02% | 6.06% | -3.04% | 4.68% | -18.79% | 14.06% | 5.31% | -0.7% | 7.47% | 8.23% |
FCF Growth % | -488.49% | 164.91% | -155.47% | 242.91% | -853.29% | 172.94% | -73.05% | -114.1% | 1362.71% | 422.35% |
FCF per Share | -0.89 | 0.53 | -0.29 | 0.41 | -3.01 | 2.18 | 0.58 | -0.08 | 0.73 | 0.86 |
FCF Conversion (FCF/Net Income) | 3.74x | 2.26x | 3.81x | 1.84x | 0.92x | 1.70x | 2.04x | 2.27x | 2.77x | 1.61x |
Interest Paid | 6.98M | 8.64M | 9.25M | 7.15M | 9.09M | 14.91M | 18.85M | 17.98M | 0 | 0 |
Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
PANL Key Ratios
Pangaea Logistics Solutions, Ltd. (PANL) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 4.03% | 8% | 4.89% | 4.75% | 25.13% | 23.75% | 7.12% | 6.84% | 4.08% | 7.35% |
| Return on Invested Capital (ROIC) | 3.73% | 7.78% | 4.85% | 4.12% | 13.17% | 14.5% | 6.22% | 5.5% | 3.72% | 4.49% |
| Gross Margin | 10.48% | 14.32% | 12.12% | 9.96% | 13.62% | 18.43% | 13.85% | 13.62% | 10.92% | 11.72% |
| Net Margin | 2.02% | 4.76% | 2.83% | 2.96% | 9.36% | 11.36% | 5.27% | 5.39% | 3.06% | 5.1% |
| Debt / Equity | 0.81x | 0.73x | 0.73x | 0.68x | 1.02x | 0.81x | 0.71x | 0.84x | 0.78x | 0.74x |
| Interest Coverage | 2.10x | 3.70x | 2.84x | 2.62x | 7.29x | 4.81x | 2.63x | 2.57x | 1.58x | 2.14x |
| FCF Conversion | 3.74x | 2.26x | 3.81x | 1.84x | 0.92x | 1.70x | 2.04x | 2.27x | 2.77x | 1.61x |
| Revenue Growth | 62.15% | -3.36% | 10.52% | -7.11% | 87.55% | -2.56% | -28.65% | 7.46% | 17.8% | 22.58% |
Related:PANL Dividend History·PANL Revenue History·PANL Price History·PANL P/E History·PANL Financial Ratios·PANL Institutional Holders
PANL SEC Filings & Documents
Pangaea Logistics Solutions, Ltd. (PANL) SEC filings — annual & quarterly reports (10-K, 10-Q)
PANL Frequently Asked Questions
Pangaea Logistics Solutions, Ltd. (PANL) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Pangaea Logistics Solutions, Ltd. (PANL) reported $679.8M in revenue for fiscal year 2025. This represents a 76% increase from $387.1M in 2012.
Pangaea Logistics Solutions, Ltd. (PANL) grew revenue by 17.8% over the past year. This is strong growth.
Yes, Pangaea Logistics Solutions, Ltd. (PANL) is profitable, generating $34.6M in net income for fiscal year 2025 (3.1% net margin).
Dividend & Returns
Yes, Pangaea Logistics Solutions, Ltd. (PANL) pays a dividend with a yield of 3.28%. This makes it attractive for income-focused investors.
Pangaea Logistics Solutions, Ltd. (PANL) has a return on equity (ROE) of 4.1%. This is below average, suggesting room for improvement.
Pangaea Logistics Solutions, Ltd. (PANL) generated $55.9M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.