Pangaea Logistics Solutions (PANL) Asset Utilization Ratio (2015 - 2026)
Pangaea Logistics Solutions' (PANL) quarterly Asset Utilization Ratio came in at 0.72 in Q1 2026, up 20.99% year-on-year from 0.6 in Q1 2025, and up 6.5% quarter-over-quarter from 0.68 in Q4 2025.
Pangaea Logistics Solutions (PANL) Asset Utilization Ratio (2015 - 2026) Analysis & Trends
Pangaea Logistics Solutions has disclosed Asset Utilization Ratio across 12 years of filings, most recently posting 0.72 for Q1 2026.
- Asset Utilization Ratio for Q1 2026 came in at 0.72, up 20.99% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.72 (up 20.99% YoY), and the FY2025 annual result was 0.68, up 3.72% from the prior year.
- Asset Utilization Ratio came in at 0.72 for Q1 2026 at Pangaea Logistics Solutions, up from 0.68 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 1.12 in Q2 2022 to a low of 0.6 in Q1 2025.
- The 5-year median for Asset Utilization Ratio is 0.72 (2024), against an average of 0.78.
- Across the five-year window, Asset Utilization Ratio tumbled 36.88% in 2023 and grew 20.99% in 2026, its largest moves.
- Pangaea Logistics Solutions' Asset Utilization Ratio stood at 0.94 in 2022, then decreased by 25.99% to 0.7 in 2023, then slipped by 8.59% to 0.64 in 2024, then advanced by 6.74% to 0.68 in 2025, then grew by 6.5% to 0.72 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.72 (Q1 2026), 0.68 (Q4 2025), and 0.64 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | 0.51 |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 0.56 |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 0.72 |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | 0.23 |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 0.27 |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | 0.58 |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | 0.21 |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | 0.23 |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | - |
| 10 | Pangaea Logistics Solutions | 462.83 Mn | 418.86 Mn | - | 0.72 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 0.95 |