Pangaea Logistics Solutions (PANL) Current Leases (2017 - 2026)
Pangaea Logistics Solutions' (PANL) quarterly Current Leases came in at $1.0 million in Q1 2026, down 64.84% year-on-year from $2.8 million in Q1 2025, and down 51.83% quarter-over-quarter from $2.1 million in Q4 2025.
Pangaea Logistics Solutions (PANL) Current Leases (2017 - 2026) Analysis & Trends
Pangaea Logistics Solutions has disclosed Current Leases across 10 years of filings, most recently posting $1.0 million for Q1 2026.
- Current Leases for Q1 2026 came in at $1.0 million, down 64.84% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.0 million (down 64.84% YoY), and the FY2025 annual result was $2.1 million, down 27.0% from the prior year.
- Current Leases came in at $1.0 million for Q1 2026 at Pangaea Logistics Solutions, down from $2.1 million in the prior quarter.
- In the past five years, Current Leases ranged from a high of $22.0 million in Q1 2023 to a low of $1.0 million in Q1 2026.
- The 5-year median for Current Leases is $16.4 million (2022), against an average of $12.1 million.
- Across the five-year window, Current Leases soared 133.65% in 2022 and slumped 86.86% in 2025, its largest moves.
- Pangaea Logistics Solutions' Current Leases stood at $16.4 million in 2022, then tumbled by 81.73% to $3.0 million in 2023, then fell by 4.87% to $2.8 million in 2024, then slipped by 27.0% to $2.1 million in 2025, then tumbled by 51.83% to $1.0 million in 2026.
- The last three Current Leases figures came in at $1.0 million (Q1 2026), $2.1 million (Q4 2025), and $2.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | 7,853.00 |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 45.77 Mn |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 125.30 Mn |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | - |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 28.62 Mn |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | - |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | - |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | 27.15 Mn |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | - |
| 10 | Pangaea Logistics Solutions | 462.83 Mn | 418.86 Mn | - | 1.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 11.32 Mn |