Pangaea Logistics Solutions (PANL) Capital Leases (2017 - 2026)
Pangaea Logistics Solutions' Capital Leases was $7.91 million in Q2 2026, down 12.4% from $9.03 million a year earlier and down 3.0% from the prior quarter.
Pangaea Logistics Solutions (PANL) Capital Leases (2017 - 2026) Analysis & Trends
At the end of FY2025, Capital Leases at Pangaea Logistics Solutions came in at $8.4 million, down 19.5% from FY2024.
- Capital Leases has now declined for four consecutive years, with a five-year compound annual growth rate of -30.2% (FY2020 to FY2025).
- In earlier years, Capital Leases was $10.43 million in FY2024 (-21.1%), $13.23 million in FY2023 (-92.1%), $168.51 million in FY2022 (-1.4%) and $170.96 million in FY2021 (+238.4%).
- The Q2 2026 figure marks the lowest quarterly Capital Leases in data going back to Q1 2017.
- Compared with a year earlier, Capital Leases has declined for 16 straight quarters, with an average decline of 43.9% over the last eight quarters.
- The best year-over-year quarter for Capital Leases over five years was Q1 2022 (growth of 245.6%); the worst was Q3 2025 (a decline of 93.9%).
- Per Business Quant data, PANL's Capital Leases in the three quarters before Q2 2026 was $8.15 million (Q1 2026), $8.4 million (Q4 2025) and $8.64 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 162.83 Bn | 157.35 Bn | - |
| 2 | Csx | 86.94 Bn | 83.15 Bn | - |
| 3 | Canadian Pacific Kansas City | 76.07 Bn | 75.78 Bn | - |
| 4 | United Parcel Service | 70.39 Bn | 47.31 Bn | - |
| 5 | Norfolk Southern | 70.35 Bn | 64.99 Bn | - |
| 6 | Fedex | 68.01 Bn | 33.95 Bn | - |
| 7 | Delta Air Lines | 55.83 Bn | 38.01 Bn | - |
| 8 | Old Dominion Freight Line | 36.82 Bn | 36.08 Bn | - |
| 9 | Ryanair Holdings | 28.96 Bn | 12.97 Bn | 3.13 Bn |
| 10 | Pangaea Logistics Solutions | 525.75 Mn | 179.31 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.91 Mn |
| Mar 31, 2026 | 8.15 Mn |
| Dec 31, 2025 | 8.40 Mn |
| Sep 30, 2025 | 8.64 Mn |
| Jun 30, 2025 | 9.03 Mn |
| Mar 31, 2025 | 9.73 Mn |
| Dec 31, 2024 | 10.43 Mn |
| Sep 30, 2024 | 141.07 Mn |
| Jun 30, 2024 | 137.04 Mn |
| Mar 31, 2024 | 139.98 Mn |
| Dec 31, 2023 | 13.23 Mn |
| Sep 30, 2023 | 143.27 Mn |
| Jun 30, 2023 | 143.27 Mn |
| Mar 31, 2023 | 143.27 Mn |
| Dec 31, 2022 | 168.51 Mn |
| Sep 30, 2022 | 168.51 Mn |
| Jun 30, 2022 | 168.51 Mn |
| Mar 31, 2022 | 168.51 Mn |
| Dec 31, 2021 | 170.96 Mn |
| Sep 30, 2021 | 170.96 Mn |
Pangaea Logistics Solutions Capital Leases 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=capital-leases&ticker=PANL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-leases", "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=capital-leases&ticker=PANL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();