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
DateValue
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