Pangaea Logistics Solutions
PANL
8.53
+0.18
+2.16%
Pangaea Logistics Solutions
US · PANL
#3692 by market cap
8.53
+0.18
+2.16%
Live - 5344 symbols - heartbeat 410s ago
· 2026-10-08 10:09
Pre-market
8.60
+2.99%
After-hours
8.35
0.00%
Overnight
8.36
+0.12%
- Market cap
- 558.49M
- P/E (TTM)i
- 11.68
- P/Bi
- 1.24
- EPSi
- 0.30
- Div yieldi
- 2.34%
- 52W posi
- 86%
Reader sentiment
Are you bullish or bearish on PANL?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Fair
- Altman Z-Score is 1.93, in the 1.8-3.0 "grey zone".
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +17.80% YoY
Margins
- Gross margin
- 10.92%
- Operating margin
- 6.00%
- Net margin
- 3.06%
Key ratios & quality
- Enterprise valuei
- 599.48M
- Altman Z-Scorei
- 1.93
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 372.97M | 412.20M | 382.90M | 718.10M | 699.71M | 499.27M | 536.54M | 632.04M |
| Gross profit | 53.42M | 49.97M | 38.14M | 97.84M | 128.94M | 69.14M | 73.07M | 69.02M |
| Selling & admin expenses | 16.48M | 17.38M | 15.92M | 18.97M | 20.10M | 22.78M | 24.63M | 31.07M |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 36.93M | 32.59M | 22.23M | 78.87M | 108.83M | 46.36M | 48.45M | 37.94M |
| Pretax profit | 23.98M | 17.05M | 12.69M | 72.37M | 85.51M | 28.54M | 31.77M | 20.17M |
| Tax | -- | -- | -- | -- | -- | -- | -- | -- |
| Net profit | 23.98M | 17.05M | 12.69M | 72.37M | 85.51M | 28.54M | 31.77M | 20.17M |
| Basic EPS | 0 | 0 | 0 | 2 | 2 | 1 | 1 | 0 |
| Diluted EPS | 0.42 | 0.27 | 0.26 | 1.50 | 1.76 | 0.58 | 0.63 | 0.30 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 122.80M | 156.69M | 168.67M | 183.88M | 170.58M | 187.12M |
| Gross profit | 10.20M | 10.83M | 26.50M | 21.49M | 20.85M | 30.31M |
| Selling & admin expenses | 7.27M | 7.17M | 9.88M | 6.74M | 10.03M | 8.96M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 2.93M | 3.66M | 16.61M | 14.75M | 10.83M | 21.35M |
| Pretax profit | -2.20M | -2.90M | 12.99M | 12.28M | 13.67M | 10.48M |
| Tax | -- | -- | -- | -- | -- | -- |
| Net profit | -2.20M | -2.90M | 12.99M | 12.28M | 13.67M | 10.48M |
| Basic EPS | 0 | 0 | 0 | 0 | 0 | 0 |
| Diluted EPS | -0.03 | -0.04 | 0.19 | 0.19 | 0.21 | 0.16 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 113.51M | 127.96M | 111.34M | 183.96M | 222.51M | 191.83M | 191.99M | 215.78M |
| Cash & ST investments | 53.61M | 50.56M | 46.90M | 56.21M | 128.38M | 99.04M | 86.81M | 103.05M |
| Inventory | 19.22M | 21.00M | 15.97M | 27.15M | 29.10M | 16.56M | 32.85M | 28.39M |
| Total assets | 453.47M | 479.90M | 450.40M | 707.02M | 748.24M | 705.18M | 936.46M | 928.10M |
| Total current liabilities | 79.05M | 90.85M | 110.81M | 111.74M | 92.21M | 105.33M | 109.11M | 128.03M |
| Short-term debt | 28.37M | 35.87M | 64.60M | 30.17M | 32.15M | 52.72M | 44.69M | 46.88M |
| Long-term debt | 95.37M | 83.65M | 44.51M | 105.84M | 98.82M | 68.45M | 112.72M | 97.16M |
| Total liabilities | 220,107,625.00 | 236,831,157.00 | 215,972,740.00 | 406,342,612.00 | 379,519,940.00 | 334,984,035.00 | 461,793,000.00 | 453,359,000.00 |
| Total equity | 233.37M | 243.07M | 234.43M | 300.68M | 368.72M | 370.20M | 474.66M | 474.74M |
| Retained earnings | 5.74M | 12.74M | 23.18M | 85.66M | 151.33M | 159.03M | 169.16M | 172.26M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 175.90M | 184.01M | 212.62M | 215.78M | 250.79M | 265.94M |
| Cash & ST investments | 63.95M | 59.25M | 94.02M | 103.05M | 89.74M | 105.68M |
| Inventory | 36.03M | 38.58M | 36.14M | 28.39M | 40.26M | 51.10M |
| Total assets | 917.99M | 916.00M | 932.15M | 928.10M | 950.70M | 956.68M |
| Total current liabilities | 109.00M | 126.01M | 130.93M | 128.03M | 153.59M | 192.18M |
| Short-term debt | 19.46M | 19.50M | 19.23M | 46.88M | 49.75M | 79.68M |
| Long-term debt | 108.73M | 104.71M | 100.68M | 97.16M | 93.16M | 66.54M |
| Total liabilities | 450,836,089.00 | 456,865,133.00 | 466,585,306.00 | 453,359,000.00 | 463,864,000.00 | 461,995,000.00 |
| Total equity | 467.15M | 459.13M | 465.56M | 474.74M | 486.83M | 494.68M |
| Retained earnings | 160.60M | 154.61M | 163.59M | 172.26M | 182.28M | 189.23M |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 40.13M | 44.46M | 20.84M | 61.75M | 134.80M | 53.79M | 65.69M | 53.73M |
| Depreciation & amortization | 17.62M | 18.53M | 17.06M | 22.97M | 29.49M | 30.07M | 30.38M | 42.48M |
| Free cash flow | 22.59M | -12.53M | 17.91M | -134.91M | 98.41M | 26.52M | -3.74M | 47.24M |
| Dividends paid | -2.27M | -8.09M | -535.15K | -5.54M | -13.41M | -18.10M | -18.71M | -16.30M |
| Stock buybacks / issuance | -50.81K | -- | -- | -- | -- | -- | 0 | -3.00M |
| Ending cash balance | 56.11M | 53.06M | 48.40M | 56.21M | 128.38M | 99.04M | 86.81M | 103.32M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | -4.36M | 14.40M | 28.56M | 15.13M | 4.49M | 21.38M |
| Depreciation & amortization | 9.92M | 10.60M | 10.21M | 11.74M | 11.88M | 12.43M |
| Free cash flow | -4.82M | 13.29M | 24.62M | 14.14M | 2.68M | 18.77M |
| Dividends paid | -6.73M | -3.21M | -3.19M | -3.18M | -3.89M | -3.22M |
| Stock buybacks / issuance | -- | -- | -984.34K | -1.01M | -- | -- |
| Ending cash balance | 63.95M | 59.25M | 94.29M | 103.32M | 90.01M | 105.68M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 11.57 | 7.02 | 6.43 | 31.27 | 28.32 | 8.25 | 7.69 | 4.52 |
| ROA %i | 4.05 | 2.50 | 2.44 | 11.62 | 10.92 | 3.62 | 3.52 | 2.08 |
| ROIC %i | 7.50 | 5.43 | 4.95 | 16.87 | 16.52 | 6.21 | 6.01 | 5.27 |
| 5-year avg ROE %i | -6.11 | 8.43 | 7.53 | 12.45 | 16.92 | 16.26 | 16.39 | 16.01 |
| EBIT margin %i | 8.82 | 6.39 | 5.36 | 11.68 | 15.29 | 9.22 | 9.68 | 6.99 |
| FCF / sales %i | 6.06 | -- | 4.68 | -- | 14.06 | 5.31 | -- | 7.47 |
| Current ratioi | 1.44 | 1.41 | 1.00 | 1.65 | 2.41 | 1.82 | 1.76 | 1.69 |
| Quick ratioi | 1.07 | 0.94 | 0.75 | 1.14 | 1.87 | 1.45 | 1.25 | 1.33 |
| Debt / assetsi | 37.36 | 36.89 | 35.44 | 43.42 | 40.02 | 37.50 | 17.92 | 16.42 |
| LT debt / equityi | 87.24 | 82.91 | 51.99 | 111.97 | 85.08 | 65.37 | 28.79 | 24.59 |
| Interest coveragei | 3.70 | 2.84 | 2.62 | 7.29 | 4.98 | 2.63 | 2.57 | 1.84 |
| Revenue CAGR (3Y) %i | 9.08 | 20.09 | -0.26 | 24.41 | 19.29 | 9.25 | -9.26 | -3.33 |
| Net income CAGR (3Y) %i | 16.34 | 16.06 | 13.26 | 55.86 | 89.63 | 32.36 | -24.53 | -37.54 |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | 13.99 | -- | -21.70 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 4.05 | 2.37 | 4.23 | 4.52 | 8.04 | 11.03 |
| ROA %i | 1.88 | 1.10 | 1.89 | 2.08 | 3.71 | 5.08 |
| ROIC %i | 5.28 | 4.71 | 4.97 | 5.27 | 8.16 | 10.31 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 6.95 | 5.98 | 7.13 | 6.99 | 8.80 | 10.27 |
| FCF / sales %i | -- | -- | 6.83 | 7.47 | 8.05 | 8.48 |
| Current ratioi | 1.61 | 1.46 | 1.62 | 1.69 | 1.63 | 1.38 |
| Quick ratioi | 1.10 | 0.97 | 1.17 | 1.33 | 1.08 | 0.95 |
| Debt / assetsi | 15.02 | 14.55 | 38.07 | 16.42 | 15.89 | 16.11 |
| LT debt / equityi | 28.15 | 27.45 | 79.87 | 24.59 | 22.97 | 16.60 |
| Interest coveragei | 1.78 | 1.41 | 1.67 | 1.84 | 2.51 | 3.10 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Single-engine
- Shipping segment is the largest reported line at 97.89% of revenue, across 2 reported segments.
- The next-largest line, All other revenue, is a distant second at 2.11% - a sharp slowdown here would have little to offset it.
Revenue breakdown most recent period
Business
Shipping segment97.89%
All other revenue2.11%
Quote time 2026-10-08 10:09:02 · For reference only, not investment advice and not tailored to your situation.