Pangaea Logistics Solutions (PANL) Current Leases (2017 - 2026)
Pangaea Logistics Solutions (PANL) posted Current Leases of $1.0 million for Q1 2026, down 51.83% sequentially from $2.1 million in Q4 2025, and down 64.84% YoY from $2.8 million in Q1 2025.
Pangaea Logistics Solutions (PANL) Current Leases (2017 - 2026) Analysis & Trends
Pangaea Logistics Solutions has reported Current Leases for 10 years, with the latest figure at $1.0 million in Q1 2026.
- Quarterly Current Leases fell 64.84% year-over-year to $1.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.0 million (down 64.84% YoY) and the FY2025 annual result came in at $2.1 million, down 27.0% from the prior year.
- Current Leases retreated to $1.0 million in Q1 2026 per PANL's latest filing, from $2.1 million in the prior quarter.
- Over five years, Current Leases peaked at $22.0 million in Q1 2023 and troughed at $1.0 million in Q1 2026.
- A 5-year average of $12.1 million and a median of $16.4 million in 2022 frame the typical range for Current Leases.
- The sharpest annual moves came in 2022 and 2025: Current Leases surged 133.65% in 2022, then slumped 86.86% in 2025.
- Over 5 years, Current Leases stood at $16.4 million in 2022, then tumbled by 81.73% to $3.0 million in 2023, then decreased by 4.87% to $2.8 million in 2024, then declined by 27.0% to $2.1 million in 2025, then tumbled by 51.83% to $1.0 million in 2026.
- According to Business Quant data, Current Leases over the past three periods registered $1.0 million, $2.1 million, and $2.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.46 Bn | 7.42 Bn | 290.80 Mn | 38.61 Mn |
| 2 | Matson | 6.58 Bn | 6.46 Bn | - | 132.80 Mn |
| 3 | Hafnia | 3.91 Bn | 3.80 Bn | 152.41 Mn | - |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.55 Bn | 57.20 Mn | - |
| 5 | Star Bulk Carriers | 3.37 Bn | 2.87 Bn | - | 28.42 Mn |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | - |
| 7 | Okeanis Eco Tankers | 2.45 Bn | 2.23 Bn | 12,231.53 Bn | - |
| 8 | Navios Maritime Partners | 2.38 Bn | 1.97 Bn | 326.09 Mn | 68.41 Mn |
| 9 | Costamare | 1.81 Bn | 1.51 Bn | 185.32 Mn | - |
| 10 | Pangaea Logistics Solutions | 502.18 Mn | 442.56 Mn | - | 1.00 Mn |
Historic Data
Download 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 |