Pangaea Logistics Solutions, Ltd.

Pangaea Logistics Solutions, Ltd.

PANL
Pangaea Logistics Solutions, Ltd.US flagNASDAQ Capital Market
7.31
USD
-0.59
- -
478.18MMarket 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
10.64
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
0.54
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
0.86
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
- -
-1.93
-0.71
-0.5
-0.25
0.14
0.3
0.53
1.95
3.41
3.55
3.73
2.7
2.85
Tangible Book Value per Share
- -
5.36
4.75
5.03
5.48
5.52
5.69
5.4
6.83
8.3
8.16
10.37
7.38
7.57
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
680
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
6.74
Depreciation Expense
- -
12
13
14
16
18
19
17
23
29
30
30
42
44
Net Income, GAAP
- -
-12
11
7
8
18
12
11
67
79
26
29
19
35
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
5.1
Working Capital
- -
-60
-3
-15
13
34
37
1
72
130
86
83
88
97
LT Debt
- -
87
129
108
143
141
141
95
277
267
212
123
106
101
Total Equity
- -
100
165
177
211
233
243
234
301
369
370
475
475
487
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
7.46
Return on Capital (%)
- -
- -
9.19
6.04
7.18
8.64
6.1
7.18
21.63
20.16
8.53
10.83
11.29
15.76
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
126.15
63.2
123.52
67.08
16.96
17.61
11.35
20.21

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
19
47
50
LT Borrowings
101
97
93
LT Finance Leases
235
8
8
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
65
65
65
Market Capitalization
302
439
452

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
213
216
251
Cash, Cash Equivalents & STI
94
103
90
Accounts Receivable, Net
46
56
61
Inventories
36
28
40
Total Current Liabilities
131
128
154
Payables & Accruals
55
43
64
ST Debt
19
47
50
Deferred Revenue
18
25
29

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
- -
- -
- -
- -

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
- -
- -
- -
- -

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
- -
- -
- -
- -

Company Description

APIChat
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

APIChat
  • 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

  • Pangaea Logistics Solutions Ltd. Reports Financial Results for the Fourth Quarter Ended December 31, 2025

  • PANGAEA LOGISTICS SOLUTIONS ANNOUNCES FOURTH QUARTER 2025 CONFERENCE CALL DATE

  • Pangaea Logistics Solutions Ltd. Announces Quarterly Cash Dividend

  • Shipping: State of the Industry & the Road Ahead

  • Pangaea Logistics Solutions Ltd. Appoints Eugene I.

  • Pangaea Logistics (PANL) Upgraded to Strong Buy: What Does It Mean for the Stock?

  • Pangaea Logistics (PANL) Is a Great Choice for 'Trend' Investors, Here's Why

  • 5 Stocks With Recent Price Strength to Tap a Likely Year-End Rally

  • Pangaea Logistics Solutions Ltd. (PANL) Hits Fresh High: Is There Still Room to Run?

  • 3 Stocks to Invest in the Flourishing Shipping Industry