Pangaea Logistics Solutions (PANL) Asset Utilization Ratio (2015 - 2026)
Pangaea Logistics Solutions' Asset Utilization Ratio was 0.74 in Q2 2026, up 17.8% from 0.63 a year earlier and up 2.9% from the prior quarter.
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Analysis
Pangaea Logistics Solutions (PANL) Asset Utilization Ratio (2015 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Pangaea Logistics Solutions came in at 0.68, up 3.7% from FY2024.
- In earlier years, Asset Utilization Ratio was 0.65 in FY2024 (-4.9%), 0.69 in FY2023 (-28.6%), 0.96 in FY2022 (-22.5%) and 1.24 in FY2021 (+50.7%).
- The Q2 2026 figure marks the highest quarterly Asset Utilization Ratio since Q2 2023.
- Compared with a year earlier, Asset Utilization Ratio has increased for three straight quarters, with growth averaging 0.7% over the last eight quarters.
- The best year-over-year quarter for Asset Utilization Ratio over five years was Q4 2021 (growth of 22.9%); the worst was Q3 2023 (a decline of 36.9%).
- Per Business Quant data, PANL's Asset Utilization Ratio in the three quarters before Q2 2026 was 0.72 (Q1 2026), 0.68 (Q4 2025) and 0.64 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.83 Bn | 157.35 Bn | - | 0.36 |
| 2 | Csx | 86.94 Bn | 83.15 Bn | - | 0.33 |
| 3 | Canadian Pacific Kansas City | 76.07 Bn | 75.78 Bn | - | 0.17 |
| 4 | United Parcel Service | 70.39 Bn | 47.31 Bn | - | 1.26 |
| 5 | Norfolk Southern | 70.35 Bn | 64.99 Bn | - | 0.28 |
| 6 | Fedex | 68.01 Bn | 33.95 Bn | - | 0.98 |
| 7 | Delta Air Lines | 55.83 Bn | 38.01 Bn | - | 0.80 |
| 8 | Old Dominion Freight Line | 36.82 Bn | 36.08 Bn | - | 0.98 |
| 9 | Ryanair Holdings | 28.96 Bn | 12.97 Bn | 3.13 Bn | 0.82 |
| 10 | Pangaea Logistics Solutions | 525.75 Mn | 179.31 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 |
API Access
Pangaea Logistics Solutions Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=PANL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "PANL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=PANL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();