Pangaea Logistics Solutions (PANL) Asset Utilization Ratio (2015 - 2026)
Pangaea Logistics Solutions' (PANL) quarterly Asset Utilization Ratio came in at 0.74 in Q2 2026, up 17.79% year-over-year from 0.63 in Q2 2025, and up 2.91% quarter-over-quarter from 0.72 in Q1 2026.
Analysis
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 0.74 for Q2 2026.
- In Q2 2026, Asset Utilization Ratio rose 17.79% year-over-year to 0.74; the TTM figure through Jun 2026 stood at 0.74 (up 17.79% YoY), while the FY2025 annual figure was 0.68, up 3.72% from the prior year.
- Asset Utilization Ratio came in at 0.74 for Q2 2026 at Pangaea Logistics Solutions, up from 0.72 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.
- Average Asset Utilization Ratio over 5 years is 0.78, with a median of 0.72 recorded in 2024.
- Year-over-year, Asset Utilization Ratio slumped 36.88% in 2023 and rose 20.99% in 2026.
- Over 5 years, 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 gained by 6.74% to 0.68 in 2025, then rose by 9.6% to 0.74 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.74 in Q2 2026, 0.72 in Q1 2026, and 0.68 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 0.47 |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 0.57 |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 0.74 |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 0.43 |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 0.38 |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 0.28 |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | 0.61 |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 0.32 |
| 10 | Pangaea Logistics Solutions | 535.14 Mn | 429.46 Mn | - | 0.74 |
Historic Data
Download Data
Historic 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 |