Pangaea Logistics Solutions PANL
NASDAQ PANL
$8.03 +0.02 (+0.25%)
At close: Sep 29, 2026 · 4:00 PM EDT

Pangaea Logistics Solutions (PANL) Current Leases (2017 - 2026)

Updated

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.

Analysis

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 Set

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

Historic Data

Download Data
DateValue
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
API Access

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