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
DateValue
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