Pangaea Logistics Solutions (PANL) Capital Leases (2017 - 2026)
Pangaea Logistics Solutions (PANL) posted Capital Leases of $8.2 million for Q1 2026, down 2.88% sequentially from $8.4 million in Q4 2025, and down 16.24% YoY from $9.7 million in Q1 2025.
Pangaea Logistics Solutions (PANL) Capital Leases (2017 - 2026) Analysis & Trends
Pangaea Logistics Solutions has reported Capital Leases for 10 years, with the latest figure at $8.2 million in Q1 2026.
- Quarterly Capital Leases fell 16.24% year-over-year to $8.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $8.2 million (down 16.24% YoY) and the FY2025 annual result came in at $8.4 million, down 19.54% from the prior year.
- Capital Leases declined to $8.2 million in Q1 2026 per PANL's latest filing, from $8.4 million in the prior quarter.
- Over five years, Capital Leases peaked at $168.5 million in Q1 2022 and troughed at $8.2 million in Q1 2026.
- A 5-year average of $93.5 million and a median of $140.0 million in 2024 frame the typical range for Capital Leases.
- The sharpest annual moves came in 2022 and 2025: Capital Leases surged 245.57% in 2022, then sank 93.88% in 2025.
- Over 5 years, Capital Leases stood at $168.5 million in 2022, then slumped by 92.15% to $13.2 million in 2023, then slipped by 21.13% to $10.4 million in 2024, then declined by 19.54% to $8.4 million in 2025, then decreased by 2.88% to $8.2 million in 2026.
- According to Business Quant data, Capital Leases over the past three periods registered $8.2 million, $8.4 million, and $8.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn |
| 10 | Pangaea Logistics Solutions | 490.71 Mn | 385.03 Mn | - |
Historic Data
Download 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 |