Pangaea Logistics Solutions (PANL) Capital Expenditures (2014 - 2026)
Pangaea Logistics Solutions' (PANL) quarterly Capital Expenditures came in at $1.6 million in Q2 2026, down 18.65% year-over-year from $2.0 million in Q2 2025, and down 12.31% quarter-over-quarter from $1.8 million in Q1 2026.
Analysis
Pangaea Logistics Solutions (PANL) Capital Expenditures (2014 - 2026) Analysis & Trends
Pangaea Logistics Solutions has disclosed Capital Expenditures across 13 years of filings, most recently posting $1.6 million for Q2 2026.
- In Q2 2026, Capital Expenditures fell 18.65% year-over-year to $1.6 million; the TTM figure through Jun 2026 stood at $5.7 million (down 91.96% YoY), while the FY2025 annual figure was $4.3 million, down 93.79% from the prior year.
- Capital Expenditures came in at $1.6 million for Q2 2026 at Pangaea Logistics Solutions, down from $1.8 million in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $57.2 million in Q3 2024 to a low of -$1.2 million in Q4 2025.
- Average Capital Expenditures over 5 years is $7.8 million, with a median of $978491.0 recorded in 2024.
- Year-over-year, Capital Expenditures soared 32060.94% in 2024 and tumbled 110.43% in 2025.
- Over 5 years, Capital Expenditures stood at $17.4 million in 2022, then tumbled by 99.73% to $46689.0 in 2023, then surged by 24690.05% to $11.6 million in 2024, then plunged by 110.43% to -$1.2 million in 2025, then jumped by 231.52% to $1.6 million in 2026.
- Per Business Quant data, the three most recent Capital Expenditures figures were $1.6 million in Q2 2026, $1.8 million in Q1 2026, and -$1.2 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | - |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 14.40 Mn |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 169.50 Mn |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 67,000.00 |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | -20.55 Mn |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | - |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | -11.60 Mn |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 99.70 Mn |
| 10 | Pangaea Logistics Solutions | 535.14 Mn | 429.46 Mn | - | 1.59 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.59 Mn |
| Mar 31, 2026 | 1.81 Mn |
| Dec 31, 2025 | -1.21 Mn |
| Sep 30, 2025 | 3.50 Mn |
| Jun 30, 2025 | 1.95 Mn |
| Mar 31, 2025 | 58,000.00 |
| Dec 31, 2024 | 11.57 Mn |
| Sep 30, 2024 | 57.19 Mn |
| Jun 30, 2024 | 368,982.00 |
| Mar 31, 2024 | 130,000.00 |
| Dec 31, 2023 | 46,689.00 |
| Sep 30, 2023 | 177,830.00 |
| Jun 30, 2023 | 26.96 Mn |
| Mar 31, 2023 | 75,291.00 |
| Dec 31, 2022 | 17.37 Mn |
| Sep 30, 2022 | -130,898.00 |
| Jun 30, 2022 | 240,190.00 |
| Mar 31, 2022 | 18.26 Mn |
| Dec 31, 2021 | 34.91 Mn |
| Sep 30, 2021 | 51.17 Mn |