Pangaea Logistics Solutions (PANL) Current Leases (2017 - 2026)
Pangaea Logistics Solutions' Current Leases was $1 million in Q2 2026, down 64.8% from $2.84 million a year earlier and unchanged from the prior quarter.
Pangaea Logistics Solutions (PANL) Current Leases (2017 - 2026) Analysis & Trends
At the end of FY2025, Current Leases at Pangaea Logistics Solutions came in at $2.08 million, down 27.0% from FY2024.
- Current Leases has now declined for three consecutive years, with a five-year compound annual growth rate of -21.5% (FY2020 to FY2025).
- In earlier years, Current Leases was $2.84 million in FY2024 (-4.9%), $2.99 million in FY2023 (-81.7%), $16.37 million in FY2022 (+13.0%) and $14.48 million in FY2021 (+107.5%).
- Quarterly Current Leases has moved between $1 million (Q1 2026) and $21.97 million (Q3 2023) over five years.
- Compared with a year earlier, Current Leases has declined for 11 straight quarters, with an average decline of 56.6% over the last eight quarters.
- The best year-over-year quarter for Current Leases over five years was Q1 2022 (growth of 133.7%); the worst was Q1 2025 (a decline of 86.9%).
- Per Business Quant data, PANL's Current Leases in the three quarters before Q2 2026 was $1 million (Q1 2026), $2.08 million (Q4 2025) and $2.54 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | - |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | - |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | - |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | - |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | - |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | - |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | - |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | - |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 46.26 Mn |
| 10 | Pangaea Logistics Solutions | 524.44 Mn | 178.00 Mn | - | 1.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.00 Mn |
| Mar 31, 2026 | 1.00 Mn |
| Dec 31, 2025 | 2.08 Mn |
| Sep 30, 2025 | 2.54 Mn |
| Jun 30, 2025 | 2.84 Mn |
| Mar 31, 2025 | 2.84 Mn |
| Dec 31, 2024 | 2.84 Mn |
| Sep 30, 2024 | 14.24 Mn |
| Jun 30, 2024 | 21.48 Mn |
| Mar 31, 2024 | 21.64 Mn |
| Dec 31, 2023 | 2.99 Mn |
| Sep 30, 2023 | 21.97 Mn |
| Jun 30, 2023 | 21.97 Mn |
| Mar 31, 2023 | 21.97 Mn |
| Dec 31, 2022 | 16.37 Mn |
| Sep 30, 2022 | 16.37 Mn |
| Jun 30, 2022 | 16.37 Mn |
| Mar 31, 2022 | 16.37 Mn |
| Dec 31, 2021 | 14.48 Mn |
| Sep 30, 2021 | 14.48 Mn |
Pangaea Logistics Solutions Current 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=current-leases&ticker=PANL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-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=current-leases&ticker=PANL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();