Pangaea Logistics Solutions, Ltd.

Pangaea Logistics Solutions, Ltd.

PANL
Pangaea Logistics Solutions, Ltd.US flagNASDAQ Capital Market
8.55
USD
+0.26
- -
559.30MMarket Cap
2014 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
21.27
8.26
6.77
10.05
8.83
9.64
8.82
16.32
15.76
11.15
11.82
9.91
11.11
Basic EPS, GAAP
-0.06
-1.61
0.32
0.21
0.2
0.42
0.27
0.26
1.53
1.79
0.59
0.64
0.3
0.74
Free Cash Flow per Basic Share
-0.07
-2.02
-1.32
0.25
-0.91
0.53
-0.29
0.41
-3.07
2.22
0.59
-0.08
0.74
0.94
Dividend per Share
- -
0.01
- -
- -
0.03
0.05
0.19
0.01
0.13
0.3
0.4
0.41
0.26
0.21
Book Value per Share
- -
2.81
2.96
3.18
3.32
3.67
3.79
4.02
5.42
6.85
6.97
6.59
6.61
6.85
Tangible Book Value per Share
- -
2.81
2.96
3.18
3.32
3.67
3.79
4.02
5.42
6.85
6.87
6.52
6.55
6.8
Basic Weighted Avg Shares
3
19
35
35
38
42
43
43
44
44
45
45
64
64
Sales/Revenue/Turnover
- -
398
287
238
386
373
412
383
718
700
499
537
632
710
Operating Margin (%)
- -
1.27
9.23
5.42
6.56
9.9
7.91
5.81
10.98
15.55
9.28
9.03
6
8.95
Depreciation Expense
- -
12
13
14
16
18
19
17
23
29
30
30
42
46
Net Income, GAAP
- -
-12
11
7
8
18
12
11
67
79
26
29
19
48
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
-3.05
3.92
3.13
2.02
4.76
2.83
2.96
9.36
11.36
5.27
5.39
3.06
6.7
Working Capital
- -
-60
-3
-15
13
34
37
1
72
130
86
83
88
74
LT Debt
- -
87
129
108
143
141
141
95
277
267
212
123
106
74
Total Equity
- -
100
165
177
211
233
243
234
301
369
370
475
475
495
Return on Invested Capital (%)
- -
- -
9.07
4.04
7.29
9.48
7.96
5.49
15.81
17.15
7.17
7.65
6.03
10.35
Return on Capital (%)
- -
- -
5.06
3.55
4.22
5.21
3.78
4.38
14.69
15.03
6.39
7.24
6.71
11.16
Return on Common Equity (%)
- -
-61.77
10.95
6.64
5.97
11.57
7.02
6.43
31.27
28.32
8.25
7.69
4.52
11.03

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
47
50
80
LT Borrowings
97
93
67
LT Finance Leases
8
8
8
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
65
65
65
Market Capitalization
447
463
426

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
216
251
266
Cash, Cash Equivalents & STI
103
90
106
Accounts Receivable, Net
56
61
59
Inventories
28
40
51
Total Current Liabilities
128
154
192
Payables & Accruals
43
64
72
ST Debt
47
50
80
Deferred Revenue
25
29
28

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.7%
15.91%
0.02%
Free Cash Flow
-374.74%
-515.22%
-1,362.74%
Net Income, GAAP
48.16%
84.07%
-32.99%
Sales/Revenue/Turnover
12.66%
16.32%
17.8%
Total Cash Common Dividend
- -
220.43%
-12.86%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
105
131
153
147
537
2025
123
157
169
184
632
2026
171
187
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.26
0.08
0.11
0.18
0.64
2025
-0.03
-0.04
0.19
0.19
0.3
2026
0.21
0.16
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.11
0.1
0.1
0.1
0.41
2025
0.11
0.05
0.05
0.05
0.26
2026
0.06
0.05
- -
- -
- -

Company Description

CEO
Mads Rosenberg Boye Petersen
Full Time Employees
170
Sector
Industrials
Industry
Marine Shipping
Address
109 Long Wharf Newport RI United States of America 02840
IPO Date
Dec 19, 2013
Business
Pangaea Logistics Solutions, Ltd. (PANL) provides seaborne dry bulk logistics and transportation services to industrial customers worldwide; its core offerings encompass cargo loading and discharge, vessel chartering via contracts of affreightment, voyage charters and time charters, voyage planning, technical vessel management, port and terminal operations, and stevedoring services. The company transports a diverse array of dry bulk cargoes, including grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, limestone, scrap, DRI, manganese, petcoke, wood pellets, wheat, corn, soy products, fertilizers, sulphur, urea, furnace slag, aggregates, salt, sand, gravel and gypsum; it serves industries such as steel production, aluminum, energy, agriculture, construction and infrastructure through an owned fleet of 41 vessels ranging from handysize to post-Panamax sizes, with nearly 50% comprising high ice class 1A vessels specialized for Arctic trades including the Northern Sea Route and Northwest Passage. Pangaea operates from headquarters in Newport, Rhode Island, with additional offices in Copenhagen, Denmark; Rio de Janeiro, Brazil; Singapore; and Hellerup, Denmark, supporting global trade routes and customized logistics solutions featuring port project design, construction and operation, including recent completions in Newfoundland and Charleston, South Carolina. Founded in 1996, the company completed a transformative merger with Strategic Shipping Inc. in December 2024, acquiring 15 handysize vessels valued at $271 million for $171 million in net assets through issuance of 18.06 million shares, expanding its fleet and enhancing dry bulk capabilities; it also agreed to purchase equity in Nordic Bulk Partners and announced CEO succession in 2025 alongside robust Q3 2025 earnings activity.

Company News

  • Is Pangaea Logistics Solutions (PANL) Stock Undervalued Right Now?

  • Pangaea Logistics Solutions Q2 Earnings Call Highlights

  • Pangaea Logistics Solutions Ltd. (PANL) Q2 2026 Earnings Call Transcript

  • Pangaea Logistics (PANL) Q2 Earnings Beat Estimates

  • Pangaea Logistics Solutions Ltd. Reports Financial Results for the Second Quarter Ended June 30, 2026

  • PANGAEA LOGISTICS SOLUTIONS ANNOUNCES SECOND QUARTER 2026 CONFERENCE CALL DATE

  • Is Pangaea Logistics Solutions (PANL) a Great Value Stock Right Now?

  • Should Value Investors Buy Pangaea Logistics Solutions (PANL) Stock?

  • Involuntary Removal of Directors of Pangaea Logistics Solutions Ltd. Raises Serious Corporate Governance Concerns

  • Should Value Investors Buy Pangaea Logistics Solutions (PANL) Stock?

  • Are Investors Undervaluing Pangaea Logistics Solutions (PANL) Right Now?

  • Is Pangaea Logistics Solutions (PANL) Outperforming Other Transportation Stocks This Year?

  • Pangaea Logistics Solutions Ltd. (PANL) Q1 2026 Earnings Call Transcript

  • Pangaea Logistics Solutions Q1 Earnings Call Highlights

  • Pangaea Logistics (PANL) Q1 Earnings and Revenues Beat Estimates

  • Pangaea Logistics Solutions Ltd. Reports Financial Results for the First Quarter Ended March 31, 2026

  • PANGAEA LOGISTICS SOLUTIONS ANNOUNCES FIRST QUARTER 2026 CONFERENCE CALL DATE

  • Saia (SAIA) Q1 Earnings and Revenues Surpass Estimates

  • Pangaea Logistics Solutions: Disappointing Quarter And Uncertain Outlook - Hold (Rating Downgrade)

  • Pangaea Logistics Solutions Ltd. (PANL) Q4 2025 Earnings Call Transcript