20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.
Pangaea Logistics Solutions Ltd. - (PANL) operates in the NASDAQ industry and is headquartered in Newport, United States with about 170 employees. Its market capitalization is roughly $496 million. In the fiscal year ended 2025-12-31, PANL reported $632M in revenue and $19M in net income.
Pangaea Logistics Solutions Ltd., together with its subsidiaries, provides seaborne dry bulk logistics and transportation services to industrial customers worldwide.
Interactive charts & full statements → Open the PANL valuation workbench →
| Income statement | TTM → 2026-06-30 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $710M | $632M | $537M | $499M | $700M | $718M | $383M | $412M | $373M | $386M | $238M | $287M | $398M | $392M | $387M | $61M |
| Gross Profit | $112M | $69M | $73M | $69M | $129M | $98M | $38M | $50M | $53M | $40M | $26M | $41M | $18M | $33M | $38M | $61M |
| Gross Margin % | 15.7% | 10.9% | 13.6% | 13.9% | 18.4% | 13.6% | 10.0% | 12.1% | 14.3% | 10.5% | 10.8% | 14.4% | 4.5% | 8.4% | 9.8% | 100.0% |
| Operating Income (EBIT) | $64M | $38M | $48M | $45M | $106M | $79M | $20M | $23M | $36M | $16M | $13M | $21M | ($2M) | $21M | $20M | $6M |
| Operating Margin % | 8.9% | 6.0% | 9.0% | 8.9% | 15.1% | 11.0% | 5.1% | 5.6% | 9.7% | 4.2% | 5.4% | 7.1% | -0.6% | 5.5% | 5.1% | 9.3% |
| Net Income | $48M | $19M | $29M | $26M | $79M | $67M | $11M | $12M | $18M | $8M | $7M | $11M | ($12M) | $15M | ($3M) | $3M |
| Net Margin % | 6.7% | 3.1% | 5.4% | 5.3% | 11.4% | 9.4% | 3.0% | 2.8% | 4.8% | 2.0% | 3.1% | 3.9% | -3.0% | 3.9% | -0.7% | 5.1% |
| EBITDA | $119M | $87M | $82M | $76M | $137M | $107M | $38M | $45M | $50M | $33M | $29M | $32M | $4M | $32M | $26M | — |
| Earnings Per Share (EPS) | $0.74 | $0.30 | $0.63 | $0.58 | $1.76 | $1.50 | $0.26 | $0.27 | $0.42 | $0.20 | $0.21 | $0.32 | $-0.65 | $1.15 | $-30.77 | — |
| Shares Outstanding (M) | 65M | 65M | 46M | 45M | 45M | 45M | 44M | 43M | 43M | 39M | 35M | 35M | 19M | 13M | 0M | — |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Quarterly income statement | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | $187M | $171M | $184M | $169M | $157M | $123M | $147M | $153M |
| Gross Profit | $43M | $21M | $21M | $26M | $11M | $20M | $21M | $21M |
| Gross Margin % | 22.8% | 12.2% | 11.7% | 15.7% | 6.9% | 16.4% | 14.3% | 13.7% |
| Operating Income (EBIT) | $21M | $11M | $15M | $17M | $4M | $3M | $15M | $15M |
| Operating Margin % | 11.4% | 6.3% | 8.0% | 9.8% | 2.3% | 2.4% | 10.1% | 9.8% |
| Net Income | $10M | $13M | $12M | $12M | ($3M) | ($2M) | $8M | $5M |
| Net Margin % | 5.5% | 7.8% | 6.5% | 7.2% | -1.8% | -1.6% | 5.7% | 3.3% |
| EBITDA | $29M | $31M | $30M | $29M | $14M | $14M | $24M | $18M |
| Earnings Per Share (EPS) | $0.16 | $0.21 | $0.19 | $0.19 | $-0.04 | $-0.04 | $0.18 | $0.11 |
| Shares Outstanding (M) | 65M | 65M | 64M | 65M | 64M | 55M | 46M | 46M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Cash flow | TTM → 2026-06-30 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations (CFO) | $72M | $54M | $66M | $54M | $135M | $62M | $21M | $44M | $40M | $29M | $19M | $26M | $25M | $21M | $16M | $16M |
| Capital Expenditures (CapEx) | $8M | $6M | $69M | $27M | $36M | $197M | $3M | $57M | $18M | $64M | $10M | $72M | $58M | $82M | $97M | $3M |
| Free Cash Flow (FCF) | $64M | $47M | ($4M) | $27M | $98M | ($135M) | $18M | ($13M) | $23M | ($35M) | $9M | ($46M) | ($33M) | ($61M) | ($81M) | $14M |
| FCF Margin % | 9.0% | 7.5% | -0.7% | 5.3% | 14.1% | -18.8% | 4.7% | -3.0% | 6.1% | -9.0% | 3.8% | -16.0% | -8.3% | -15.4% | -21.1% | 22.5% |
| Dividends Paid | $13M | $16M | $19M | $18M | $13M | $6M | $1M | $8M | $2M | $1M | $0M | $0M | $0M | $0M | $1M | — |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Quarterly cash flow | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations (CFO) | $23M | $4M | $15M | $29M | $14M | ($4M) | $19M | $46M |
| Capital Expenditures (CapEx) | $2M | $2M | $0M | $4M | $1M | $0M | $12M | $151M |
| Free Cash Flow (FCF) | $21M | $3M | $15M | $25M | $13M | ($5M) | $8M | ($105M) |
| FCF Margin % | 11.5% | 1.6% | 8.1% | 14.6% | 8.5% | -3.9% | 5.1% | -68.4% |
| Dividends Paid | $3M | $4M | $3M | $3M | $3M | $7M | $5M | $14M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Balance sheet | 2026-06-30 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $957M | $928M | $936M | $705M | $748M | $707M | $450M | $480M | $453M | $423M | $362M | $367M | $332M | $99M | $231M | $374M |
| Cash & Cash Equivalents | $106M | $103M | $87M | $99M | $128M | $56M | $47M | $51M | $54M | $35M | $22M | $38M | $30M | $0M | $20M | $112M |
| Total Liabilities | $462M | $453M | $462M | $335M | $380M | $406M | $216M | $237M | $220M | $213M | $186M | $202M | $232M | $0M | $158M | $32M |
| Total Debt (Short + Long-Term) | $146M | $144M | $157M | $121M | $131M | $136M | $119M | $124M | $124M | $145M | $143M | $162M | $167M | $127M | $37M | $0M |
| Total Shareholders' Equity | $449M | $429M | $428M | $324M | $314M | $247M | $183M | $170M | $233M | $145M | $116M | $108M | $98M | $99M | $70M | $342M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive PANL viewer.
About TickerBase · Data methodology & sources · Privacy · Terms