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Pangaea Logistics Solutions, Ltd. logo

Pangaea Logistics Solutions, Ltd.

PANL

NASDAQIndustrialsMarine Shipping

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$8.14

+$0.24 · +3.04%

Aug 21, 4:00 PM ET

PANL company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

76

Undervalued

Momentum

37

Weakening

Sentiment

47

Mixed

Risk resilience

53

Elevated Risk

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Company profile

Company website

Pangaea Logistics Solutions, Ltd., along with its subsidiary companies, offers specialized global seaborne transportation and logistics services for dry bulk commodities to industrial clients. The firm handles a wide variety of dry bulk cargoes, including grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. Its marine logistics offerings encompass cargo handling (loading and discharge), vessel chartering, meticulous voyage planning, and professional technical management for its ships. As of March 16, 2022, Pangaea owned and operated a fleet of 25 vessels. Founded in 1996, the company's headquarters are located in Newport, Rhode Island.

Industry
Marine Shipping
Sector
Industrials
Headquarters
US
CEO
Mads Rosenberg Boye Petersen
Listed since
Dec 19, 2013
Employees
170

Market position

Day range

Current $8.14

52-week range

Current $8.14

Open
$8.04
Previous close
$7.90
Volume
500.34K
0.96× average
Average volume
519.84K
Average daily volume
Market cap
532.48M USD
Beta
0.77
Market reference 1
50-day average
$7.3111
+11.34% above average
200-day average
$7.4619
+9.09% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
708.12M USD
P/E (TTM)
10.85×
P/B (TTM)
1.17×
P/S (TTM)
0.75×
EV / EBITDA
8.17×
Earnings yield
4.41%
Free cash flow yield
10.76%
Dividend yield
2.46%

Profitability & efficiency

Gross margin
15.71%
Operating margin
8.95%
Net margin
6.70%
Return on equity
4.51%
Return on assets
2.09%
Return on invested capital
4.48%

Financial health

Debt / equity
0.78×
Current ratio
1.69×
Altman Z-score
2.05
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends20%14%8%2%Gross margin, FY2021: 13.62%Gross margin, FY2022: 18.43%Gross margin, FY2023: 13.85%Gross margin, FY2024: 13.62%Gross margin, FY2025: 10.92%Operating margin, FY2021: 10.98%Operating margin, FY2022: 15.08%Operating margin, FY2023: 8.94%Operating margin, FY2024: 9.03%Operating margin, FY2025: 6.00%Net margin, FY2021: 9.36%Net margin, FY2022: 11.36%Net margin, FY2023: 5.27%Net margin, FY2024: 5.39%Net margin, FY2025: 3.06%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 13.62%. Gross margin FY2022 18.43%. Gross margin FY2023 13.85%. Gross margin FY2024 13.62%. Gross margin FY2025 10.92%. Operating margin FY2021 10.98%. Operating margin FY2022 15.08%. Operating margin FY2023 8.94%. Operating margin FY2024 9.03%. Operating margin FY2025 6.00%. Net margin FY2021 9.36%. Net margin FY2022 11.36%. Net margin FY2023 5.27%. Net margin FY2024 5.39%. Net margin FY2025 3.06%.

Income trends

Revenue

632.04M USD+17.80%

Operating income

37.94M USD-21.68%

Net income

19.37M USD-32.99%
Income trends across reported periods787.98M USD508.48M USD228.99M USD−50.5M USDRevenue, FY2021: 718.1M USDRevenue, FY2022: 699.71M USDRevenue, FY2023: 499.27M USDRevenue, FY2024: 536.54M USDRevenue, FY2025: 632.04M USDOperating income, FY2021: 78.87M USDOperating income, FY2022: 105.51M USDOperating income, FY2023: 44.62M USDOperating income, FY2024: 48.45M USDOperating income, FY2025: 37.94M USDNet income, FY2021: 67.23M USDNet income, FY2022: 79.49M USDNet income, FY2023: 26.32M USDNet income, FY2024: 28.9M USDNet income, FY2025: 19.37M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 718.1M USD. Revenue FY2022 699.71M USD. Revenue FY2023 499.27M USD. Revenue FY2024 536.54M USD. Revenue FY2025 632.04M USD. Operating income FY2021 78.87M USD. Operating income FY2022 105.51M USD. Operating income FY2023 44.62M USD. Operating income FY2024 48.45M USD. Operating income FY2025 37.94M USD. Net income FY2021 67.23M USD. Net income FY2022 79.49M USD. Net income FY2023 26.32M USD. Net income FY2024 28.9M USD. Net income FY2025 19.37M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue632.04M USD536.54M USD499.27M USD699.71M USD718.1M USD
Cost of goods sold563.03M USD463.46M USD430.13M USD570.77M USD620.27M USD
Gross profit69.02M USD73.08M USD69.14M USD128.94M USD97.84M USD
Selling, general, and administrative31.07M USD24.63M USD22.78M USD20.1M USD18.97M USD
Operating expenses31.07M USD24.63M USD24.52M USD23.43M USD18.97M USD
Interest income1.63M USD3.02M USD3.57M USD932.07K USD—
Interest expense24.01M USD20.18M USD17.49M USD22.42M USD11.51M USD
Depreciation and amortization42.48M USD30.38M USD30.07M USD29.49M USD22.97M USD
Operating income37.94M USD48.45M USD44.62M USD105.51M USD78.87M USD
Net income19.37M USD28.9M USD26.32M USD79.49M USD67.23M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
64%
7 beats, 3 misses, 1 met estimate
Average EPS surprise
+93.33%
11 comparable reports
Latest EPS result
0.26
Estimate 0.24 · Beat by 9.20%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.30.14-0.03-0.19Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 13, 2025: actual 0.16, estimate -0.06, surprise +366.67%, Beat. Q2 2025, reported May 12, 2025: actual -0.03, estimate -0.15, surprise +80.00%, Beat. Q3 2025, reported Aug 7, 2025: actual -0.02, estimate -0.04, surprise +50.00%, Beat. Q4 2025, reported Nov 6, 2025: actual 0.17, estimate 0.03, surprise +466.67%, Beat. Q1 2026, reported Mar 10, 2026: actual 0.16, estimate 0.18, surprise -11.11%, Miss. Q2 2026, reported May 11, 2026: actual 0.11, estimate 0.05, surprise +120.00%, Beat. Q3 2026, reported Aug 10, 2026: actual 0.26, estimate 0.238, surprise +9.20%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 0.26, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates213.1M180.27M147.44M114.61MQ1 '25BeatQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 13, 2025: actual 147.17M USD, estimate 127.27M USD, surprise +15.64%, Beat. Q2 2025, reported May 12, 2025: actual 122.8M USD, estimate 128.45M USD, surprise -4.40%, Miss. Q3 2025, reported Aug 7, 2025: actual 156.69M USD, estimate 159.32M USD, surprise -1.65%, Miss. Q4 2025, reported Nov 6, 2025: actual 168.67M USD, estimate 181.75M USD, surprise -7.20%, Miss. Q1 2026, reported Mar 10, 2026: actual 183.9M USD, estimate 150.35M USD, surprise +22.31%, Beat. Q2 2026, reported May 11, 2026: actual 170.6M USD, estimate 165.78M USD, surprise +2.90%, Beat. Q3 2026, reported Aug 10, 2026: actual 187.1M USD, estimate 192.76M USD, surprise -2.94%, Miss. Q4 2026, reported Nov 5, 2026: actual —, estimate 204.9M USD, surprise —, Comparison unavailable.

PANL news

zacks.com

Is Pangaea Logistics Solutions (PANL) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and…

Read source
marketbeat.com

Pangaea Logistics Solutions Q2 Earnings Call Highlights

Pangaea Logistics Solutions NASDAQ: PANL reported higher profitability in the second quarter of 2026 as stronger dry bulk shipping markets, fleet positioning and charter-in activity lifted time charter equivalent, or…

Read source
seekingalpha.com

Pangaea Logistics Solutions Ltd. (PANL) Q2 2026 Earnings Call Transcript

Pangaea Logistics Solutions Ltd. (PANL) Q2 2026 Earnings Call Transcript

Read source
zacks.com

Pangaea Logistics (PANL) Q2 Earnings Beat Estimates

Pangaea Logistics (PANL) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to a loss of $0.02 per share a year ago.

Read source
prnewswire.com

Pangaea Logistics Solutions Ltd. Reports Financial Results for the Second Quarter Ended June 30, 2026

NEWPORT, R.I., Aug. 10, 2026 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.

Read source
prnewswire.com

PANGAEA LOGISTICS SOLUTIONS ANNOUNCES SECOND QUARTER 2026 CONFERENCE CALL DATE

NEWPORT, R.I., Aug. 3, 2026 /PRNewswire/ -- Pangaea Logistics Solutions (Nasdaq: PANL, or "the Company"), a global provider of comprehensive maritime logistics solutions, today announced that it will issue second quarter…

Read source

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.25

2025 complete year+100.0% since 2021

2026 partial: $0.10

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 1, 2026

$0.10

Quarterly

Record Sep 1, 2026 · Payment Sep 15, 2026

Dividend

Ex-dividend Jun 1, 2026

$0.05

Quarterly

Record Jun 1, 2026 · Payment Jun 15, 2026

Dividend

Ex-dividend Feb 27, 2026

$0.05

Quarterly

Record Feb 27, 2026 · Payment Mar 13, 2026

Dividend

Ex-dividend Dec 1, 2025

$0.05

Quarterly

Record Dec 1, 2025 · Payment Dec 15, 2025

Dividend

Ex-dividend Sep 2, 2025

$0.05

Quarterly

Record Sep 2, 2025 · Payment Sep 15, 2025

Dividend

Ex-dividend Jun 2, 2025

$0.05

Quarterly

Record Jun 2, 2025 · Payment Jun 16, 2025

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ETFs holding PANL

Funds reporting this stock among their holdings, ordered by reported position size.

iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
7.26M
Weight
0.01%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$299.96+0.77%
EA Bridgeway Omni Small-Cap Value ETF logoEA Bridgeway Omni Small-Cap Value ETFBSVO
Market value
3.58M
Weight
0.15%
AUM
1.71B USD
Expense ratio
0.47%
Price / 1D
$29.62+0.85%
Dimensional - US Small Cap Value ETF logoDimensional - US Small Cap Value ETFDFSV
Market value
2.97M
Weight
0.04%
AUM
8.42B USD
Expense ratio
0.30%
Price / 1D
$40.29+0.72%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
2.96M
Weight
0.00%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
Dimensional - US Targeted Value ETF logoDimensional - US Targeted Value ETFDFAT
Market value
2.64M
Weight
0.02%
AUM
14.66B USD
Expense ratio
0.28%
Price / 1D
$71.67+0.67%
iShares Russell 2000 Value ETF logoiShares Russell 2000 Value ETFIWN
Market value
2.62M
Weight
0.02%
AUM
14.66B USD
Expense ratio
0.24%
Price / 1D
$224.81+0.45%
Dimensional - US Small Cap ETF logoDimensional - US Small Cap ETFDFAS
Market value
1.7M
Weight
0.01%
AUM
15.92B USD
Expense ratio
0.26%
Price / 1D
$83.02+0.73%
Vanguard Russell 2000 ETF logoVanguard Russell 2000 ETFVTWO
Market value
1.53M
Weight
0.01%
AUM
17.4B USD
Expense ratio
0.06%
Price / 1D
$121.25+0.74%

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