Pangaea Logistics Solutions Ltd. (PANL)
NASDAQ: PANL · Real-Time Price · USD
7.66
+0.03 (0.39%)
Jul 24, 2026, 4:00 PM EDT - Market closed

PANL Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
679.82632.04536.54499.27699.71718.1
Revenue Growth
22.58%17.80%7.46%-28.65%-2.56%87.55%
Gross Profit
151.75111.49103.4599.21158.43120.81
Operating Income
73.1440.9448.4544.62105.5178.87
Net Income
10.5519.3728.926.3279.4967.23
Earnings Per Share
0.550.300.630.581.761.50
EPS Growth
61.77%-52.38%8.62%-67.05%17.33%476.92%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023
Period EndingMar '26 Dec '25 Dec '24 Dec '23
Shipping
661.6616.81523.77491.29
All Other
18.2315.2412.777.98
Total
679.82632.04536.54499.27

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
89.74103.0586.8199.04128.3856.21
Total Debt
360.03372.21397.37264.44299.48306.72
Net Cash (Debt)
-270.28-269.15-310.57-165.4-171.1-250.51
Net Cash Growth
------
Net Cash Per Share
-4.19-4.16-6.74-3.64-3.80-5.59

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
62.5853.7365.6953.79134.861.75
Capital Expenditures
-7.84-6.49-69.43-27.26-36.39-196.65
Free Cash Flow
54.7447.24-3.7426.5298.41-134.91
Free Cash Flow Growth
----73.05%--

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
22.32%17.64%19.28%19.87%22.64%16.82%
Operating Margin
10.76%6.48%9.03%8.94%15.08%10.98%
Pretax Margin
7.13%6.48%9.03%8.94%15.08%10.98%
Profit Margin
-0.43%3.19%5.92%5.72%12.22%10.08%
FCF Margin
8.05%7.47%-0.70%5.31%14.06%-18.79%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.2000.2500.4000.4000.3000.110
Dividend Per Share Growth
-42.86%-37.50%0%33.33%172.73%450.00%
Dividend Yield
2.62%3.71%7.69%4.91%5.87%3.33%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
14.2422.938.5114.212.932.52
Forward PE
8.516.627.6210.843.762.85
P/FCF Ratio
9.159.46-14.442.40-
PS Ratio
0.740.710.650.770.340.24