PANL
Pangaea Logistics Solutions Ltd.Company Information
- Company Name
- Pangaea Logistics Solutions Ltd.
- CIK
- CIK0001606909
- Category
- Accelerated filer<br>Smaller reporting company
- Ticker: Exchange
- PANL: Nasdaq
- Fiscal Year End
- December 31
- Owner Organization
- 01 Energy & Transportation
- SIC
- 4412
- SIC Description
- Deep Sea Foreign Transportation of Freight
- Ticker
- PANL
SEC filing data through
Insider Sentiment
- Last purchase
- 2025-06-16
- Last sale
- 2026-05-26
- Shares purchased (TTM)
- 95,442
- Shares sold (TTM)
- 143,351
Institutional Sentiment
- As of
- 2026-06-30
- Institutional shares owned
- 26,842,563
- Shares outstanding
- 64,396,991
- Ownership
- 41.68%
Earnings Market Reaction
- Filing date
- 2026-08-10
- Price on filing date
- —
- 1-month reaction
- 18.10%
- 3-month reaction
- …
Balance Sheet
Values in millions ($)| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Related Party | -1 | 2 | 1 | 0 | -1 | 1 | 1 | - | - | - | 1 | - | ||||||
Assets Current | ||||||||||||||||||
| Cash And Cash Equivalents At Carrying Value | 106 | 90 | 103 | 94 | 59 | 64 | 87 | 93 | 78 | 96 | 99 | 87 | ||||||
| Accounts Receivable Net Current | 59 | 61 | 56 | 46 | 49 | 48 | 42 | 44 | 41 | 42 | 48 | 53 | ||||||
| Inventory Net | 51 | 40 | 28 | 36 | 39 | 36 | 33 | 27 | 29 | 22 | 17 | 26 | ||||||
| Prepaid Expense And Other Assets Current | 50 | 50 | 28 | 30 | 29 | 28 | 30 | 32 | 33 | 36 | 28 | 31 | ||||||
| Assets Held For Sale Not Part Of Disposal Group Current | - | 9 | - | 7 | 8 | - | - | - | - | - | - | - | ||||||
| Assets Current | 266 | 251 | 216 | 213 | 184 | 176 | 192 | 196 | 181 | 196 | 192 | 198 | ||||||
| Restricted Cash Noncurrent | 0 | 0 | 0 | 0 | - | - | 0 | - | - | - | - | - | ||||||
| Property Plant And Equipment Net | 667 | 675 | 678 | 684 | 694 | 705 | 708 | 515 | 464 | 469 | 474 | 480 | ||||||
| Finance Lease Right Of Use Asset | 16 | 17 | 27 | 27 | 28 | 28 | 29 | 29 | 30 | 30 | 30 | 41 | ||||||
| Goodwill | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | ||||||
| Other Assets Noncurrent | 4 | 5 | 5 | 5 | 7 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | ||||||
| Assets | 957 | 951 | 928 | 932 | 916 | 918 | 936 | 749 | 693 | 703 | 705 | 729 | ||||||
Liabilities Current | ||||||||||||||||||
| Contract With Customer Liability Current | 28 | 29 | 25 | 18 | 18 | 19 | 15 | 16 | 10 | 14 | 16 | 14 | ||||||
| Other Long Term Debt Current | 40 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 12 | 30 | 31 | 32 | ||||||
| Long Term Debt And Capital Lease Obligations Including Current Maturities | 39 | 32 | 28 | 28 | 25 | 25 | 25 | - | - | - | 19 | - | ||||||
| Finance Lease Liability Current | 1 | 1 | 2 | 3 | 3 | 3 | 3 | 14 | 21 | 22 | 22 | 22 | ||||||
| Dividends Payable Current | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||
| Liabilities Current | 192 | 154 | 128 | 131 | 126 | 109 | 109 | 96 | 84 | 99 | 105 | 115 | ||||||
| Secured Long Term Debt | 67 | 93 | 97 | 101 | 105 | 109 | 113 | 117 | 78 | 66 | 68 | 71 | ||||||
| Contractual Obligation | 195 | 209 | 220 | 226 | 217 | 223 | 230 | - | - | - | 130 | - | ||||||
| Other Liabilities Noncurrent | - | - | - | - | - | - | 0 | 16 | 17 | 19 | 18 | 19 | ||||||
| Finance Lease Liability Noncurrent | 8 | 8 | 8 | 9 | 9 | 10 | 10 | 141 | 137 | 140 | 143 | 143 | ||||||
| Preferred Stock Value | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Liabilities Noncurrent | 270 | 310 | - | - | - | - | - | - | - | - | - | - | ||||||
Stockholders Equity | ||||||||||||||||||
| Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Additional Paid In Capital | 259 | 259 | 257 | 257 | 260 | 260 | 259 | 167 | 167 | 166 | 165 | 164 | ||||||
| Retained Earnings Accumulated Deficit | 189 | 182 | 172 | 164 | 155 | 161 | 169 | 165 | 165 | 166 | 159 | 163 | ||||||
| Stockholders Equity | 495 | 487 | 429 | 420 | 414 | 467 | 475 | 333 | 377 | 332 | 370 | 377 | ||||||
| Minority Interest | 46 | 46 | 45 | 45 | 45 | 46 | 47 | 46 | 45 | 47 | 46 | 51 | ||||||
| Liabilities And Stockholders Equity | 957 | 951 | 928 | 932 | 916 | 918 | 936 | 749 | 693 | 703 | 705 | 729 | ||||||
| Allowance For Doubtful Accounts Receivable | 7 | 7 | 6 | 6 | 7 | 7 | 5 | 5 | 6 | 6 | 6 | 5 | ||||||
| Preferred Stock Par Or Stated Value Per Share | - | - | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
| Preferred Stock Shares Authorized | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||
| Preferred Stock Shares Issued | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Preferred Stock Shares Outstanding | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Accumulated Depreciation Depletion And Amortization Property Plant And Equipment | 201 | 191 | 180 | - | - | - | 152 | - | - | - | 127 | - | ||||||
| Finance Lease Right Of Use Asset Accumulated Amortization | 8 | 7 | 13 | - | - | - | 11 | - | - | - | 10 | - | ||||||
| Common Stock Par Or Stated Value Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
| Common Stock Shares Authorized | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | ||||||
| Common Stock Shares Issued | 65 | 65 | 65 | 65 | 65 | 66 | 65 | 47 | 47 | 47 | 46 | 46 | ||||||
| Shares Outstanding | 65 | 65 | 65 | 65 | 65 | 66 | 65 | 47 | 47 | 47 | 46 | 46 | ||||||
Select a line item above to chart it.
Recent filings
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
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Start 7-day free trialPangaea Logistics Solutions Ltd. (PANL) — SEC Financial Statements & Analysis
Pangaea Logistics Solutions Ltd. (PANL) is a deep sea foreign transportation of freight company, incorporated in D0. Pangaea Logistics Solutions Ltd. trades on Nasdaq as: PANL. Pangaea Logistics Solutions Ltd. (PANL)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-10. Based on that filing, Pangaea Logistics Solutions Ltd. carries a market cap of $413.43M, a P/E ratio of 8.48x, a P/B ratio of 0.84x, a P/S ratio of 0.58x, an enterprise value of $346.00M, and an EV/EBITDA multiple of 3.08x. On profitability, it posts an operating margin of 9.32%, a net margin of 6.86%, a Return on Equity (ROE) of 10.73%, a Return on Assets (ROA) of 5.21%, and a Return on Invested Capital (ROIC) of 15.88%. Per share, it reports EPS of $0.76, diluted EPS of $0.75, free cash flow per share of $1.08, and a dividend per share of $0.42. Over the trailing year, it posted revenue growth of 22.50% year-over-year, net income growth of 317.11% year-over-year, and EPS growth of 314.81% year-over-year. On the balance sheet, it maintains a current ratio of 1.38x, a quick ratio of 0.86x, working capital of $73.76M, a debt-to-equity ratio of 0.93x, a debt ratio of 0.48, an interest coverage ratio of 11.52x, free cash flow of $69.56M (TTM), and net debt of $-67.42M. Figures sourced from SEC EDGAR.
- Market Cap
- $413.43M
- P/E TTM
- 8.48x
- EPS TTM
- $0.76
- P/B TTM
- 0.84x
- ROE TTM
- 10.73%
- ROA TTM
- 5.21%
- Debt To Equity
- 0.93x
- Free Cash Flow TTM
- $69.56M
- Net Revenue TTM Growth 1Y
- 22.50%
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Pangaea Logistics Solutions Ltd. in?
Pangaea Logistics Solutions Ltd. (PANL) operates in the Deep Sea Foreign Transportation of Freight industry.
What exchange does PANL trade on?
Pangaea Logistics Solutions Ltd. (PANL) trades on the Nasdaq.
Where is Pangaea Logistics Solutions Ltd. incorporated?
Pangaea Logistics Solutions Ltd. is incorporated in Bermuda.
When was Pangaea Logistics Solutions Ltd. (PANL)'s most recent SEC filing?
Pangaea Logistics Solutions Ltd. (PANL)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-10.
What is PANL's market cap?
Pangaea Logistics Solutions Ltd. (PANL) has a market capitalization of $413.43M as of 2026-06-30.
What is PANL's P/E ratio?
Pangaea Logistics Solutions Ltd. (PANL)'s trailing twelve month P/E ratio is 8.48x as of 2026-06-30.
What is PANL's EPS (earnings per share)?
Pangaea Logistics Solutions Ltd. (PANL)'s trailing twelve month EPS is $0.76 as of 2026-06-30.
What is PANL's ROE (return on equity)?
Pangaea Logistics Solutions Ltd. (PANL)'s trailing twelve month Return on Equity (ROE) is 10.73% as of 2026-06-30.
What is PANL's ROA (return on assets)?
Pangaea Logistics Solutions Ltd. (PANL)'s trailing twelve month Return on Assets (ROA) is 5.21% as of 2026-06-30.
What is PANL's ROIC (return on invested capital)?
Pangaea Logistics Solutions Ltd. (PANL)'s trailing twelve month Return on Invested Capital (ROIC) is 15.88% as of 2026-06-30.
What is PANL's EV/EBITDA?
Pangaea Logistics Solutions Ltd. (PANL)'s trailing twelve month EV/EBITDA is 3.08x as of 2026-06-30.