Pangaea Logistics Solutions (PANL) Asset Utilization Ratio (2015 - 2026)
Pangaea Logistics Solutions (PANL) posted Asset Utilization Ratio of 0.72 for Q1 2026, up 6.5% sequentially from 0.68 in Q4 2025, and up 20.99% YoY from 0.6 in Q1 2025.
Pangaea Logistics Solutions (PANL) Asset Utilization Ratio (2015 - 2026) Analysis & Trends
Pangaea Logistics Solutions has reported Asset Utilization Ratio for 12 years, with the latest figure at 0.72 in Q1 2026.
- Quarterly Asset Utilization Ratio rose 20.99% year-over-year to 0.72 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.72 (up 20.99% YoY) and the FY2025 annual result came in at 0.68, up 3.72% from the prior year.
- Asset Utilization Ratio grew to 0.72 in Q1 2026 per PANL's latest filing, from 0.68 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 1.12 in Q2 2022 and troughed at 0.6 in Q1 2025.
- A 5-year average of 0.78 and a median of 0.72 in 2024 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2023 and 2026: Asset Utilization Ratio tumbled 36.88% in 2023, then rose 20.99% in 2026.
- Over 5 years, Asset Utilization Ratio stood at 0.94 in 2022, then dropped by 25.99% to 0.7 in 2023, then declined by 8.59% to 0.64 in 2024, then grew by 6.74% to 0.68 in 2025, then rose by 6.5% to 0.72 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.72, 0.68, and 0.64 for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.46 Bn | 7.42 Bn | 290.80 Mn | 0.57 |
| 2 | Matson | 6.58 Bn | 6.46 Bn | - | 0.74 |
| 3 | Hafnia | 3.91 Bn | 3.80 Bn | 152.41 Mn | 0.27 |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.55 Bn | 57.20 Mn | 0.58 |
| 5 | Star Bulk Carriers | 3.37 Bn | 2.87 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 0.20 |
| 7 | Okeanis Eco Tankers | 2.45 Bn | 2.23 Bn | 12,231.53 Bn | 0.34 |
| 8 | Navios Maritime Partners | 2.38 Bn | 1.97 Bn | 326.09 Mn | 0.23 |
| 9 | Costamare | 1.81 Bn | 1.51 Bn | 185.32 Mn | 0.21 |
| 10 | Pangaea Logistics Solutions | 502.18 Mn | 442.56 Mn | - | 0.74 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.74 |
| Mar 31, 2026 | 0.72 |
| Dec 31, 2025 | 0.68 |
| Sep 30, 2025 | 0.64 |
| Jun 30, 2025 | 0.63 |
| Mar 31, 2025 | 0.60 |
| Dec 31, 2024 | 0.64 |
| Sep 30, 2024 | 0.72 |
| Jun 30, 2024 | 0.72 |
| Mar 31, 2024 | 0.70 |
| Dec 31, 2023 | 0.70 |
| Sep 30, 2023 | 0.68 |
| Jun 30, 2023 | 0.75 |
| Mar 31, 2023 | 0.84 |
| Dec 31, 2022 | 0.94 |
| Sep 30, 2022 | 1.08 |
| Jun 30, 2022 | 1.12 |
| Mar 31, 2022 | 1.09 |
| Dec 31, 2021 | 1.05 |
| Sep 30, 2021 | 0.97 |