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Pangaea Logistics Solutions Ltd.

PANLIndustrialsNASDAQ

Marine Shipping · Last scanned Jun 2, 2026

PriceMA150MA200
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Financials · Annual
Revenue
$632.0M
+17.8% YoY
Net Income
$19.4M
-33.0% YoY
EBITDA
$86.6M
+5.3% YoY
Free Cash Flow
$46.4M

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About Pangaea Logistics Solutions Ltd.

Pangaea Logistics Solutions Ltd., together with its subsidiaries, provides seaborne dry bulk logistics and transportation services to industrial customers worldwide. At a $499.8M market cap, Pangaea Logistics Solutions Ltd. ranks as a small-cap company within industrials. It offers transportation services for various dry bulk cargoes, such as grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone; and terminal and stevedoring services.

Key stats
Market Cap$499.8M
P/E (TTM)14.15
Fwd P/E8.65
EPS$0.54
Beta0.80
52W Change+69.0%
Dividend Yield2.62%
ROE7.5%
Analysis

The company holds $89.7M in cash, though total debt stands at $360.0M. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. The company generates $46.4M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. ROE of 7.5% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 3.1% is on the lower side, which is common in asset-heavy industries. Revenue has been relatively flat, moving from $699.7M (2022) to $632.0M (2025).

Investors considering Pangaea Logistics Solutions Ltd. should weigh the typical risks associated with PANL's sector, size, and financial profile against their own risk tolerance and investment objectives. No single metric tells the full story. Reviewing PANL's risk profile alongside its fundamentals and technical indicators provides a more complete picture.

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