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

Pangaea Logistics Solutions (PANL) reported Current Leases of $1.0 million for Q1 2026, down 64.84% on a YoY basis from $2.8 million in Q1 2025, and down 51.83% sequentially from $2.1 million in Q4 2025.

Pangaea Logistics Solutions (PANL) Current Leases (2017 - 2026) Analysis & Trends

Pangaea Logistics Solutions (PANL) has 10 years of Current Leases data on file, last reported at $1.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Current Leases fell 64.84% year-over-year to $1.0 million; the trailing twelve-month figure through Mar 2026 stood at $1.0 million (down 64.84% YoY), and the FY2025 full-year result was $2.1 million, down 27.0% from the prior year.
  • Current Leases retreated to $1.0 million in Q1 2026, 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.
  • A 5-year average of $12.1 million and a median of $16.4 million in 2022 frame the typical range for Current Leases.
  • Across the five-year window, Current Leases soared 133.65% in 2022 and plunged 86.86% in 2025, its largest moves.
  • Tracing PANL's Current Leases over 5 years: stood at $16.4 million in 2022, then plunged by 81.73% to $3.0 million in 2023, then declined by 4.87% to $2.8 million in 2024, then decreased by 27.0% to $2.1 million in 2025, then plunged by 51.83% to $1.0 million in 2026.
  • Business Quant data shows PANL's Current Leases at $1.0 million in Q1 2026, $2.1 million in Q4 2025, and $2.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Leases (Qtr)
1 ZIM Integrated Shipping Services 2,960,137.46 Bn 2,960,136.54 Bn 57.20 Mn -
2 Danaos 2,538.66 Bn 2,537.78 Bn 203.71 Mn -
3 Sfl 1,572.07 Bn 1,571.92 Bn 66.27 Mn -
4 Capital Clean Energy Carriers 1,437.00 Bn 1,436.46 Bn 95.52 Mn -
5 Globus Maritime 59.56 Bn 59.53 Bn 8,083.00 356,000.00
6 Kirby 8.11 Bn 8.03 Bn 291.34 Mn 45.77 Mn
7 Matson 6.27 Bn 6.17 Bn - 125.30 Mn
8 Intercont (Cayman) 3.96 Bn 3.96 Bn - 3.28 Mn
9 Hafnia 3.72 Bn 3.61 Bn 152.41 Mn -
10 Pangaea Logistics Solutions 480.80 Mn 391.06 Mn - 1.00 Mn

Historic Data

Download Data
DateValue
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