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Pangaea Logistics Solutions Ltd. (PANL)
NASDAQ: PANL · Real-Time Price · USD
7.57
+0.20 (2.71%)
At close: Nov 6, 2026, 4:00 PM EST
7.49
-0.08 (-1.06%)
After-hours: Nov 6, 2026, 7:30 PM EST

PANL Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
760.64632.04536.54499.27699.71718.1
Revenue Growth
27.77%17.80%7.46%-28.65%-2.56%87.55%
Gross Profit
171.99111.49103.4599.21158.43120.81
Operating Income
90.6637.9448.4546.36108.8378.87
Net Income
73.6419.3728.926.3279.4967.23
Earnings Per Share
1.120.300.630.581.761.50
EPS Growth
318.95%-52.38%8.62%-67.05%17.33%476.93%

Revenue by Segment
Chart
Fiscal Year
FY 2025FY 2024FY 2023
Period EndingDec '25 Dec '24 Dec '23
Shipping
616.81523.77491.29
All Other
15.2412.777.98
Total
632.04536.54499.27

Cash & Debt
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
144.92103.0586.8199.04128.3856.21
Total Debt
338.27372.21397.37264.44299.48309.51
Net Cash (Debt)
-193.35-269.15-310.57-165.4-171.1-253.3
Net Cash Growth
------
Net Cash Per Share
-2.97-4.16-6.74-3.64-3.80-5.65

Cash Flow & CapEx
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
98.2753.7365.6953.79134.861.75
Capital Expenditures
-6.75-6.49-69.43-27.26-36.39-196.65
Free Cash Flow
91.5147.24-3.7426.5298.41-134.91
Free Cash Flow Growth
125.20%---73.05%--

Margins
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
22.61%17.64%19.28%19.87%22.64%16.82%
Operating Margin
11.92%6.00%9.03%9.29%15.55%10.98%
Pretax Margin
9.88%3.19%5.92%5.72%12.22%10.08%
Profit Margin
9.68%3.06%5.39%5.27%11.36%9.36%
FCF Margin
12.03%7.47%-0.70%5.31%14.06%-18.79%

Dividends
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.4000.2500.4000.4000.3000.110
Dividend Per Share Growth
-16.67%-37.50%0%33.33%172.73%450.00%
Dividend Yield
5.28%3.63%7.46%4.85%5.82%2.91%

Valuation
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
6.7423.0812.0514.552.982.57
Forward PE
8.056.627.6210.843.762.85
P/FCF Ratio
5.429.46-14.442.40-
PS Ratio
0.650.710.650.770.340.24